Bitcoin Press Release: Genesis Mining, the world’s leading Bitcoin cloud mining provider, is pleased to announce the launch of the world’s first Bitcoin mining fund. The fund, which officially filed Form D with the SEC last week will be called Logos Fund and will cater exclusivel … | Continue reading
Key Highlights Ethereum price after moving a few points higher found sellers and moved down as forecasted in yesterday’s post. Yesterday’s highlighted bearish trend line on the hourly chart (data feed via Kraken) acted as a perfect sell area and pushed the price down. The price h … | Continue reading
Bitcoin Price Technical Analysis Bitcoin price has been trending lower, with a descending trend line connecting the latest highs of price action since mid-February. Price is in the middle of a correction and is currently stalling at an area of interest. Traders might be waiting f … | Continue reading
There have been discussions about the United Kingdom exiting from the European Union for a while now. Most of us know that the European Union is not doing that great when it comes to the economy. Many EU countries have been suffering from economic slowdown for years. Greece has b … | Continue reading
Dragon’s Tale is one of the most original Bitcoin Casino gaming sites that offer players the chance to play a real multiplayer role play game. The story line goes on in a virtual world filled with wonderful islands where players can freely roam around and find a lot of items, cha … | Continue reading
The Satoshi Roundtable Conference held recently opened a can of worms. The Bitcoin community clearly showcased their differences of opinion in terms of Bitcoin scalability and the approaches to attain it. Everyone is entitled to their opinion and they rightfully displayed it in a … | Continue reading
It’s been about six hours since published the first of our two, Tuesday session intraday analyses, and a look at action across the period reveals some pretty frustrating movement in the bitcoin price. We managed to get into a trade on a break of in term support, but having bounce … | Continue reading
The blockchain is being looked at as a great way to transform finance as we know it to this very day. Although there is a genuine use case for distributed ledger technology in the monetary system, its use cases transcend the borders of payments and settlement. The Ethereum develo … | Continue reading
Bitcoin and precious metals are often referred to in the same breath, as both types of investment vehicle seem to share similar traits. Neither Bitcoin nor gold has any intrinsic value, yet they appear to be well-liked by investors all over the world. For those Bitcoin enthusiast … | Continue reading
Yesterday afternoon, in the second of our twice daily bitcoin price watch pieces, we mixed things up a little bit. At time of writing we remained well within the range we had pre-slated as the one to watch for the morning session, and this gave us two choices. One, remain with th … | Continue reading
Bitcoin Price Key Highlights Bitcoin price has been trending lower, following a break below a short-term triangle pattern. Price bounced off the long-term triangle support as shown in the previous update but might be encountering stronger selling pressure. A descending trend line … | Continue reading
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Key Highlights Ethereum price finally showed some bearish signs, and after testing the $12.00 handle moved down. There is a bearish trend line formed on the hourly chart (data feed via Kraken), which can act as a reason for a downside move. The price is now below the 100 hourly s … | Continue reading
Bitcoin regulations is a serious business and the governments know that. These regulations are not about parallel economies or money laundering anymore. Bitcoin technology may be the answer for the solutions they were looking for so far to improve their financial sector. The impo … | Continue reading
Bitcoin is in trouble; it has become a well-known fact by now. Be it the recent post by Brian Armstrong, the CEO and founder of Coinbase where he explains his take on the happenings at the Satoshi Roundtable conference held late last month. Now the CEO of Blockchain, Peter Smith … | Continue reading
Our analysis this morning highlighted the range we would be focusing on throughout the European morning session, and since publication, we’ve not really seen too much movement. The bitcoin price remains well within the predefined parameters, and we decided not to bring our intrar … | Continue reading
Whenever a company in the Bitcoin space reaches a significant milestone of investment, there are those who oppose the entire idea of using digital currency in the first place. Bitcoin Investment Trust (OTCMKTS: GBTC) recently released some details on how they surpassed the US$65m … | Continue reading
Bitcoin ransomware has been a big thorn in the eye of security experts and computers users all over the world. Or to be more precise, ransomware has the habit of targeting Windows computers, simply because this is the most popular operating system in the world today. But Mac OS X … | Continue reading
It’s been a rough weekend for the bitcoin price. At the end of last week, we noted that there was a potentially large moving coming up, based on the consolidatory action we had seen throughout the latter half of the week. We hoped (from a long term holding perspective) that it wo … | Continue reading
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Key Highlights Ethereum price bulls continued to outpace sellers, and created a new high above $11. A new high of $11.98 was formed, and it looks like there can be more gains likely in the near term. There is a bullish trend line and a bearish trend line formed on the hourly char … | Continue reading
Bitcoin Price Key Highlights Bitcoin price recently encountered resistance at the top of the symmetrical triangle visible on its 4-hour and daily time frames. This was enough to send price back to the bottom of the chart pattern and test support at $380. Technical indicators are … | Continue reading
Blockchain is a valuable contribution Bitcoin has made to the finance industry. The blockchain technology is being used in various crypto technology based platforms with an extensive range of application. Smart Contract is one such application created over blockchain protocols. W … | Continue reading
Apart from apprehension and anxiety, the cryptocurrency technology has offered a lot more to the traditional banking and financial sectors. Bitcoin is increasingly being perceived as a threat to banking and financial industries. In order to counter the threat, the industry is foc … | Continue reading
The bitcoin block size debate is the classic example for the term “running around in circles”. Those of us who have been following thins know very well that the debate about increasing the block size has been going on for almost a year now and yet we do not have any results to sh … | Continue reading
Certain individuals in the VC landscape are even looking to detach Bitcoin from the blockchain, as they are only interested in the technology. | Continue reading
Key Points Bitcoin price continued to suffer, and there was a sharp downside move this past week. There are a couple of bearish trend lines formed on the hourly chart (data feed from Bitstamp), which are acting as a catalyst for the downside move. The price is hovering near $400, … | Continue reading
Key Highlights Ethereum price rally continued this past week, and it looks like there is no stopping the bulls. The price even traded above an important resistance area of $10, which was one of our buy targets. There is a bullish trend line formed on the 4-hours chart of Ethereum … | Continue reading
Key Highlights Litecoin price struggle to trade higher continues and it also clearly visible if we look at a higher time frame chart. There is a major contracting triangle pattern forming on the daily chart (data feed via Kraken), which is calling for a crucial break in the near … | Continue reading
Key Highlights Dogecoin price is forming a major base around 47.0 Satoshis and if buyers gain control, a spike higher is possible. There is a crucial bearish trend line formed on the daily chart (data feed from HitBTC), which may play a major role for the bulls. The price is also … | Continue reading
The use of bitcoin’s underlying technology is growing among fintech players. The capability of creating self-executing smart contracts using blockchain technology has proven to be a deal-maker in the case of stock exchanges and trading houses. While the banking sector explores it … | Continue reading
Bitcoin was first introduced by Satoshi Nakamoto when he published a paper about it in 2008. The paper gained a lot of attention as he managed to solve the double spending problem which researchers were attempting to solve for over a decade. Satoshi Nakamoto introduced the concep … | Continue reading
Bitcoin was first introduced in the year 2009. Since then the digital currency’s network has been growing non-stop. Over the past few years, bitcoin network has grown over multiple times but not much changes have happened on the technical side since its inception. The bitcoin blo … | Continue reading
For our final analysis of the week, we’re going to mix things up and make this evening’s trading a little more interesting. This morning we noted that the likely best approach was going to be an intrarange one, based on the sideways trading we’ve seen in the bitcoin price since W … | Continue reading
The financial system we know and use today is not broken, according to financial experts and governments. At the same time, central banks are wielding so much power, and governments are next to powerless when a decision needs to be made. To make matters even worse, the Australian … | Continue reading
Bitcoin puts on many different hats, depending on which country it is related to. Some states see Bitcoin as a currency, others as a commodity, and most regions don’t even recognize Bitcoin at all. Things are moving in the direction of recognizing this disruptive technology as a … | Continue reading
Having called out our range yesterday evening, we suggested that its width warranted both an intrarange and a breakout approach. We had circa ten dollars’ worth of wriggle room to play with between support and resistance, which is as large, if not larger, than many of the targets … | Continue reading
Dragon’s Tale is an amazing Casino Multiplayer Role Play Game where the players can roam around searching and hiding Bitcoin. The game has an incredible and original concept that enables the players to follow a story while allowing them to play casino-like games. In the beginning … | Continue reading
Key Highlights There was no stopping Ethereum price, as it moved higher and almost tested the $10 levels. A new high of $9.94 is formed, and the price is currently consolidating gains. There is a bullish trend line formed on the hourly chart (data feed via Kraken), which holds a … | Continue reading
Bitcoin Price Key Highlights As mentioned in the previous update, bitcoin price broke below a symmetrical triangle consolidation pattern visible on the 1-hour time frame. Price is hesitating to head further south, though, indicating that a pullback might take place first. Using t … | Continue reading
Unlike the tagline “Life is Short. Have an Affair”, the Ashley Madison affair has been a messy one. The online dating service and social network for committed adults were targeted by hackers last year. The hackers stole user information and threatened to publish unless the compan … | Continue reading
Bitcoin’s potential to transform foreign remittance industry is very well known. It is also one of the services rendered by multiple cryptocurrency startups across the world. The conventional remittance system includes either the Western Union or MoneyGram. While they have a dece … | Continue reading
March 3, 2016 Geneva / London / Hong Kong First Global Credit, the first company allowing bitcoin holders to trade mainstream stocks announced that in February $2.2m worth of stock and currency trading took place on the website. This represents a new high in the amount of trad … | Continue reading
In this morning’s analysis, we highlighted the overnight decline we saw in the bitcoin price on Wednesday evening, and suggested that one of two things would likely happen throughout today’s session. First, that a continuation of the seemingly overarching bearish momentum would s … | Continue reading
Arlington, VA – (Marketwired – March 3, 2016) – BTCS Inc. (OTCQB: BTCS) (“BTCS” or the “Company”), a blockchain technology focused company which secures the blockchain through its transaction verification services business, announced its CEO and COO have donated shares of BTCS co … | Continue reading
Bitcoin can make a big impact in Africa, as the continent lacks a stable financial infrastructure in most areas. On top of that, most African countries are plagued by hyperinflationary fiat currencies, making it that much harder for people to make ends meet. Now that Bidorbuy acc … | Continue reading
Several dozen banks and other financial institutions are focusing their attention on incorporating distributed ledger technology in their existing infrastructure. While there are several different ways to use the blockchain for economic needs, one of the first projects to be thor … | Continue reading
Well, we’ve finally gotten some volatility in the bitcoin price. Not exactly the type we’d hoped for from a long term perspective, but it’s given us an excuse to get in to a couple of positions overnight and that’s done enough to abate the patience issues we discussed in yesterda … | Continue reading