Key Highlights Ethereum price was earlier struggling to clear the $11.80 resistance area, but it finally managed to break it. ETH/USD moved above $11.80, which can now act as a support and push the price higher. There is an ascending channel pattern formed on the hourly chart (da … | Continue reading
Ethereum keeps capturing the imagination of both developers and digital currency enthusiasts all over the world. As new platforms are being announced around the clock, the ecosystem is growing into something very powerful. One of the latest announcements comes in the form of Ethe … | Continue reading
So we’re going to start off this afternoon’s bitcoin price analysis with a chart. The chart below shows the action we saw this morning throughout the session in Europe, with the framework we outlined overlaid. As the chart shows, the range we had outlined was a close to five-doll … | Continue reading
Trading bitcoin seems like an interesting Idea and there hasn’t actually ever been a platform offering that kind of service. A few years ago, there were no trading Brokers dealing with bitcoins, and you wouldn’t be able to find any other than traditional Brokers who basically of … | Continue reading
More and more countries around the world are starting the concept of digital currency seriously these days. The Dutch central bank is joining this growing list, as they seem to have concrete plans to issue a new digital currency in the not-so-distant future. As one would come to … | Continue reading
The term dark web seems to come up fairly often these days, and in most cases, there is a link to Bitcoin being used as one of the supported payment methods. A recent arrest in Fresno, CA is related both Bitcoin and the dark web, as one person was identified as selling drugs on a … | Continue reading
We’ve seen some pretty solid patterns this week in the bitcoin price. The weekend action offered up a nice sharp movement – one that we managed to take advantage of and draw a quick profit from the market. We then noted that – as a hypothesis based on the consolidation we saw pos … | Continue reading
Dragon’s Tale is one of the most popular Casino Multiplayer Role Play Games in the whole cryptocurrency industry. Its unique content and original style is incomparable, and its features beat any other gambling option in the ecosystem. In this game, players will find dozens of ori … | Continue reading
Key Points Bitcoin price found offers intraday, and as highlighted in yesterday’s post, the $425 resistance area acted as a perfect barrier for the bulls. BTC/USD broke a crucial support trend line on the hourly chart (data feed from Bitstamp), which ignited sharp losses. The pri … | Continue reading
Bitcoin Price Key Highlights Bitcoin price has been trending higher recently, moving above a rising channel on its 1-hour time frame. Price is now testing the channel support near $410 and a bounce could take it back to the top at $430. Technical indicators are suggesting that fu … | Continue reading
Key Highlights Ethereum price managed to trade higher once again after a minor dip, but failed to clear the $11.80 resistance area. There were a couple of attempts to break the stated level, but the bears managed to defend it successfully. There is a bullish trend line formed on … | Continue reading
The main purpose of this revised Bitcoin regulation is determining whether or not Bitcoin transactions would be subject to taxes. | Continue reading
Earlier this morning, we published the first of our twice daily bitcoin price analyses. We forecasted that, in light of the sideways action we had seen during the twenty-four hours directly preceding our snapshot, we could see either the bulls or the bears take control of the int … | Continue reading
Another hospital in the United States has fallen victim to a virus bringing their services to a halt. MedStar Hospital Center, located in Washington, noticed the virus intrusion early Monday morning, resulting in email services being shut down, and having no access to their vast … | Continue reading
Other than the ongoing Bitcoin block size debate, there are other topics being discussed on social media which relate to digital currency and blockchain technology. The topic of one particular discussion comes in the form of Andreas M. Antonopoulos using the term “internet of mo … | Continue reading
As noted in yesterday’s analysis, we got a big move over the weekend – one that served to offer up fresh highs in the bitcoin price on Sunday. More often than not, successive to a large move like this, action in the bitcoin price will lay relatively flat for 24 hours, as markets … | Continue reading
Key Points Bitcoin price continued to move higher against the US Dollar, and my buy dips idea highlighted in yesterday’s post worked perfectly. The price cleared a bearish trend line formed on the hourly chart (data feed from Bitstamp), and looks set for more gains. The price alm … | Continue reading
Key Highlights I highlighted that $11.00 represents a major resistance area for Ethereum price, but the bulls managed to break it. The price also moved above the upper bearish trend line of the descending channel pattern formed on the hourly chart (data feed via Kraken) of ETH/US … | Continue reading
An interesting development has been announced earlier today, as Coinify is working hard to expand their presence in the Asian region. Thanks to a partnership with iPayDNA, they can now offer multi-coin payments across Asian countries, Another notch in the belt for digital currenc … | Continue reading
Bitcoin Video Casino is one of the coolest and oldest gambling sites you will be able to find in the whole digital currency gambling industry. It is among the only online casinos that offer players Las Vegas style casino video machines, loaded with several popular games offering … | Continue reading
Prominent bitcoin platform CoinKite which has provided the Bitcoin community with secure and robust multi-sig wallets, merchant tools and developer API has announced today that the company will terminate its bitcoin web wallet service and developer API. Coinkite emphasizes that t … | Continue reading
Earlier on today, we looked at the downward sloping channel that was forming in the bitcoin price, and suggested that – as a result of the fact the price was trading just shy of the channel’s resistance line – we may be in for some near term short side action. The European sessio … | Continue reading
Finding the right online casinos for the right persons is a matter of mixing and matching, as every individual player has their own preferences and needs. While everyone wants to find the safe online casino games they desire, the choice of payment method can be a determining fact … | Continue reading
Banks and other established financial players have not taken a liking to Fintech and digital currency just yet, as they see both industries as major competitors to their offerings. While it is certainly true Bitcoin and Fintech can bring significant improvements to the table, the … | Continue reading
Ethereum has arguably become one of the world’s most popular technologies in 2016. Multi-billion dollar banks and the world’s most powerful financial establishments and technology firms have begun to adopt the Ethereum network to create smart contract enabled blockchain networks … | Continue reading
There is little to no love lost between the true Bitcoin believers and the R3 CEV consortium, as both parties will never see eye-to-eye on most aspects of digital currency. However, when the Director of Market Research of R3 CEV decides to openly criticize and attack the Bitcoin … | Continue reading
That we will get a solid and sustained intraday move in the bitcoin price over the weekend – and more often than not, on Sunday – is becoming something of a standard assumption as late. Generally, it comes as the markets in Asia open for a fresh week, and a bump up in volume init … | Continue reading
Key Points Bitcoin price surged higher during the past session against the US Dollar and broke a major resistance area. There is a major bullish trend line formed on the hourly chart (data feed from Bitstamp), which can act as a buy zone for the bulls moving ahead. If the price c … | Continue reading
Key Highlights Ethereum price continued its downside slide this past week, and looks like under bearish pressure in the short term. There is a descending channel pattern formed on the hourly chart (data feed via Kraken) of ETH/USD, which may act as a catalyst for a downside move. … | Continue reading
Bitcoin is often referred to as being many things, ranging from a commodity to currency, and even a solution to solving all of the financial trouble in unbanked and underbanked regions. But very few people believe Bitcoin has the potential to change reserve banking altogether, al … | Continue reading
The electronic payments sector is a huge industry that is growing at a rapid pace. The growth of population increased spending power combined with multiple payment options has been the greatest contributing factor for its growth over the years. The advent of cryptocurrencies open … | Continue reading
Bitcoin is dubbed as the digital gold. Bitcoin is a decentralized open source digital currency which operates independently without the interference of banking or financial institutions. Unlike currency, Bitcoin doesn’t need a trusted party to facilitate transactions as the membe … | Continue reading
One of the biggest questions in the world of digital currency right now is whether or not Ethereum will be able to surpass the US# 1bn market cap once again. Although the ETH trading price is in a bit of a slump right now, there has been a good amount of positive news which can … … | Continue reading
Key Points Bitcoin price annoyed many traders during the past few weeks, as there were no real movements in BTC/USD. If we look at the weekly chart (data feed from Bitstamp), then we can figure out that there is a significant resistance around $490-$525. BTC may struggle to break … | Continue reading
Key Highlights Ethereum price slowly and steadily moved down this past week against the US Dollar. The price is currently trading near a critical support area, which must hold if ETHUSD has to move back higher. There is a bullish trend line formed on the 4-hours chart of Ethereum … | Continue reading
Key Highlights Litecoin price continued to move down this past week and traded as low as $3.00. The price is currently trading higher, but facing a monster resistance near a bearish trend line formed on the 4-hours (data feed via Bitfinex). As long as the price is below the $3.25 … | Continue reading
Key Highlights Dogecoin price spiked higher this past week and closed above a major resistance of 50.0-52.0 Satoshis. There was a bearish trend line formed on the 4-hours chart (data feed from HitBTC), which was broken to clear the way for more gains. The price is currently attem … | Continue reading
The phenomenal rise in the value off Ethereum few weeks ago had people speculating about Ethereum turning out to be Bitcoin killer. The increasing value of Ether and a surge in trading volumes has led to a comparison between both digital currencies. Now, is the comparison between … | Continue reading
In the past few months, Ethereum has climbed up the ranks to become the second largest cryptocurrency. Ethereum efficiently displaced Litecoin which has been holding that position for a very long time to take its place on the list. Litecoin is an altcoin created by Charles Lee. I … | Continue reading
Ethereum now has the whole world’s attention. The cryptocurrency and smart contracts platform is now being included in most of the exchanges that were only dealing with Bitcoin, the firstborn of the cryptocurrency ecosystem. The South Korean Bitcoin exchange, Korbit has become th … | Continue reading
While Bitcoin has a number of great uses, it can still be potentially misused. The very fact that the bitcoin can be misused has led to a lot of speculations about the digital currency followed by ill-informed, unsubstantiated paranoid remarks about its use to fund terror organiz … | Continue reading
In a ransomware attack, our assumptions that the hackers prefer the ransom paid in bitcoin due to the anonymous nature of its transactions may not be true | Continue reading
Verisign, a digital signing and security solutions provider has recently moved to patent a technology that prevents double spending. The technology un question can effectively detect and prevent digital assets like bitcoin and other cryptocurrency from being double spent, thus pr … | Continue reading
We’re about to shut down our analysis for the weekend, but before we do, let’s take one more look at the bitcoin price, in an attempt to set up against any potential volatility that comes this evening and, beyond that, into the weekend. The chart below shows action across pretty … | Continue reading
Amid the birth and death of many Bitcoin clones, we sometime hear about exceptions that are actually looking to bring innovation to the digital currency space. The current limitations of Bitcoin have open doors for many of such developers. One among them is Mourad Ilyes Mlik, a D … | Continue reading
Just as we did last night, let’s start today’s session off with a chart. The image below shows the action overnight on Thursday, with an overlay of the framework we highlighted as being our trading strategy heading into the Asian session and the US evening. As the chart shows, wh … | Continue reading
Ethereum has been captivating the audience in the world of digital currency, although the project has been making waves in traditional finance as well. Due to its attractive blockchain implementation and the prospect of smart contracts, things have gotten competitive in the digit … | Continue reading
Key Points Bitcoin price stayed in the bullish zone, and rebounded successfully after a minor dip towards the $413-412 support area. BTC/USD is currently attempting to break a bearish trend line on the hourly chart (data feed from Bitstamp). A break above the trend line and resis … | Continue reading