Bitcoin Price Key Highlights Bitcoin price had previously been moving above a rising trend line on its 1-hour time frame but a downside break recently occurred. This could mean that a short-term reversal is in the cards for bitcoin, but a pullback might take place first. Technica … | Continue reading
The class action lawsuit filed against Bitcoin exchange Cryptsy has just been updated with the name of one more defendant. The updated lawsuit filed by Silver Law Group (SLG) and Wites & Kapetan names Lorie Ann Nettles – Paul Vernon’s former wife – as the new defendant. It says t … | Continue reading
Earlier on this morning, in our twice daily bitcoin price watch piece, we noted that after the rough and tumble week we’ve seen, we may see some sideways action throughout today’s session. We hoped it wouldn’t be the case (breakout trading is far more exciting than sitting flat i … | Continue reading
Blockchain technology can make a major impact on the world although the ramifications can vary greatly from country to country. Barbados is not a country most people would assume with the financial sector, but there is a growing FinTech scene in the region. Bitt is one of those c … | Continue reading
The e-wallet Chip-Chap is a digital system which allows to manage and interconnect traditional banking platforms with virtual currencies, such as Bitcoin. Not only can the user buy and store Bitcoins in the App, but also exchange them back to Euros and withdraw cash from bank ATM … | Continue reading
Ever since Silk Road 2.0 was shut down by law enforcement, there has been one particular shred of evidence which has been a point of debate. Some people were fairly certain the FBI would not have been able to arrest Brian “DoctorClu” Farrell if law enforcement did not breach the … | Continue reading
It’s been a pretty exciting week in the bitcoin space – and it’s not yet over. We’ve had a number of fundamental factors that have built into price, we’ve seen monthly highs and a subsequent decline to weekly lows, and a handful of consolidatory action. What’s on the cards for to … | Continue reading
Key Highlights There was no stopping Ethereum price, as it continued to trade higher and moved towards the $6.50 levels. Our plan of selling with a break failed, as there was no break below the trend line support area. Yesterday’s highlighted bullish trend line on the hourly char … | Continue reading
Bitcoin Price Key Highlights Bitcoin price bounced off the broken triangle resistance and retracement levels as predicted in the previous article. Applying the Fibonacci extension tool on this pullback move gives an idea of how high bulls could take price next. Technical indicato … | Continue reading
Many individuals who went or usually attend one of the Switzerland’s biggest strip clubs have gotten letters threatening to uncover their private lives unless they pay a ransom of more than $2,000 in bitcoin. Yesterday, Fritz Mueller, the Strip Club director told media, that some … | Continue reading
As I write this, we are a matter of cents away from picking up a nice upside gain in the bitcoin price intraday strategy. In our piece this morning, we outlined the range we were going to focus on for the remainder of the European morning session and the majority of the afternoon … | Continue reading
Fostering innovation in the financial sector and regulatory guidelines do not go hand in hand all that often, but the FCA in the United Kingdom is looking to create an ecosystem that can deliver both. Technological progress needs to be understood before it can be regulated, rathe … | Continue reading
It remains to be seen whether or not the Bitcoin ecosystem will see either a positive or negative effect from the efforts by FinTech Australia. | Continue reading
Once again our breakout strategy has helped us draw a profit from the markets on Tuesday, via a continuation of the overarching bearish momentum that we saw initiated through the sharp Monday decline. We noted in yesterday’s analysis that action had tightened up a little, and tha … | Continue reading
Japanese financial regulators have proposed the Financial Services Agency (FSA) to handle digital currencies such as bitcoin as a conventional currency. The newly revised legislation submitted by the FSA defines any digital currency as a conventional currency if it operates as a … | Continue reading
Bitcoin Price Key Highlights Bitcoin price had previously broken above a long-term symmetrical triangle to indicate that it had chosen the upside direction. However, price is finding difficulty sustaining its climb so a pullback might be necessary. Using the Fib tool on the lates … | Continue reading
BTCS secures the blockchain through its rapidly growing transaction verification services business and plans to build a broader ecosystem to capitalize on opportunities in this fast growing industry | Continue reading
Global bitcoin merchant payment processor and solutions provider Bitpay has partnered with a family-owned and Amsterdam-based high-end jeweler Ace Jewelers Group, allowing the highly respected company to become Europe’s first jeweler and high-end watch authorized dealer to accept … | Continue reading
Before we get started on this evening’s analysis, there are two things worth pointing out from this morning’s publication. The first, that we remain well within the range we slated, which likely means that we’ve seen the end of last’s night’s decline, at least temporarily. Second … | Continue reading
Everyone can clearly see the BitLox Bitcoin wallet hold a lot of promise, assuming the development team can make true on all of these features. | Continue reading
Ever since the 21 Inc Bitcoin computer has been released, there has been a general buzz of excitement in the digital currency community. This plug-and-play device is so much more than just a Bitcoin miner or Node, as the software package can also act as a development sandbox for … | Continue reading
Yesterday we mentioned that, as a response to the tight, sideways action we had seen throughout the afternoon session in the bitcoin price, we would tighten up our range but set up against a possible sharp move on the back f price breakouts. As things turned out, we got just this … | Continue reading
Bitcoin Price Key Highlights As mentioned in previous posts, bitcoin price already broke below the top of a long-term symmetrical triangle pattern. Buyers appear hesitant to take price any higher, though, as bitcoin is still consolidating around the triangle resistance. Price pul … | Continue reading
Key Highlights Ethereum price climbed higher and managed to break a major resistance area to open the doors for more gains. The price broke a bearish trend line formed on the hourly chart (data feed via Kraken), which may now act as a support if the price corrects lower. On the u … | Continue reading
DECENT is a decentralized publishing platform, which we first covered last year. Using blockchain technology, it allows creators to freely share their content on a peer-to-peer network while maintaining a secure record of ownership. Although it’s still under development, they now … | Continue reading
The International Organization of Securities Commissions (IOSCO) today announced that they are venturing up their exploration into the disruptive potential brought by the new technologies like blockchain, robo-advisors, and cyber security. IOSCO is an international body that coor … | Continue reading
London, February 22, 2016. UK Bitcoin service provider SpectroCoin.com last month introduced multi-currency wallets for its clients, so now they can choose among of a number of currencies such as EUR, USD, GBP, CHF, CZK, PLN, NOK to name but a few as their base currency in Spectr … | Continue reading
Ok, so this is where things stand. The bitcoin price took us out of our predefined range momentarily a little earlier on today, and according to the intraday strategy we described this morning, put us long in the markets. However, before the charts could form another candle, pric … | Continue reading
Arlington, VA – (Marketwired – February 22, 2016) –BTCS Inc. (OTCQB: BTCS) (“BTCS” or the “Company”), a blockchain technology focused company which secures the blockchain through its transaction verification services business, management demonstrates their commitment to execute o … | Continue reading
Bitcoin is, in the public perception, a traditional form of finance that eludes governments and law enforcement all over the world. Media outlets tend to call the digital currency “impossible to trace”, even though all transactions are publicly listed on the blockchain in real-ti … | Continue reading
The blockchain can be used to suit various needs, and companies like Sony are exploring how it can benefit some of their own internal projects. By using distributed ledger technology for the open sharing of progress records and academic proficiency, the way we think about educati … | Continue reading
Yet again, we’ve had a pretty eventful weekend in the bitcoin price. We surmised that we might see some volatility on the Asian open, but actually ended up seeing the most volatile action early Sunday morning. Having gained throughout Saturday to overnight (and intraweek) highs j … | Continue reading
Key Highlights Ethereum price as stated in the weekly analysis started a recovery phase, and if all goes well, more gains are possible. The price is testing a bearish trend line formed on the hourly chart (data feed via Kraken), which may be considered as a short-term breakout zo … | Continue reading
Bitcoin Price Key Highlights Bitcoin price has been trending higher on the short-term time frames, bouncing off the trend line support as predicted in the previous article. From there, price went on to test the next resistance near $450 before showing signs of a pullback. Using t … | Continue reading
Approximate Bitcoin Mining process devised by University of Illinois researchers is slated to improve the mining process by about 30 percent. Read more... | Continue reading
The future of Bitcoin development has taken an interesting turn in the past 24, as the Bitcoin Core developers and close to 80% of the network mining power – read: pool operators – have agreed on hard forking Bitcoin. Such a magnanimous event is a world’s first for the bitcoin ec … | Continue reading
Money is the driving force of life in today’s world. Those who do not agree and say money can’t buy everything, it is time for them to revisit the age-old psychological theory established by Abraham Maslow. The Maslow’s pyramid, also known as Maslow’s hierarchy shows the fundamen … | Continue reading
The price of Bitcoin has surpassed US$455 in major Chinese exchanges including OKCoin and BTCC, recording a daily price growth of 6.3%. At the time of writing, Bitcoin is being traded at US$454.9 on average. On February 20, NewsBTC reported that the price of Bitcoin crossed the U … | Continue reading
Key Points Bitcoin price after losing momentum finally managed to gain bids this past week for another leg higher. The price closed above the $400 level, which is a positive sign for the bulls moving ahead. There is a support trend line formed on the 4-hours chart (data feed from … | Continue reading
On February 21, 2016, representatives of the Bitcoin industry and Bitcoin Core developers have finally come to a consensus to settle the never-ending block size debate. The meeting was participated by Bitcoin Core developers and representatives of leading bitcoin mining firms and … | Continue reading
On February 21, 2016, popular bitcoin wallet platform and vault solutions provider Xapo CEO Wences Casares announced that the company is planning to upgrade to Bitcoin Classic, with a vision to help the Bitcoin network scale efficiently. Xapo is planning to upgrade to Classic. We … | Continue reading
Key Highlights Ethereum price after getting crushed from $6.40 to $3.30 found support and started to a recovery phase. There is a bearish trend line formed on the 4-hours chart of Ethereum price (data feed via Kraken), which if breached may open the doors for more gains. The pric … | Continue reading
Key Highlights Litecoin price after struggling for a long time finally managed to gain buyers and made a nice move higher. The price closed successfully above 100 simple moving average on the 4-hours chart (data feed via Bitfinex), pointing towards buyer’s strength. There is a si … | Continue reading
Key Highlights Dogecoin price managed to trade higher and broke a major bearish trend line formed on the 4-hours chart (data feed from HitBTC). There are more gains likely in Dogecoin price, but it could face a monster resistance near the 100 simple moving average (H4 chart). The … | Continue reading
American multi-national technology corporation Apple has presented its bold stand for encryption by rejecting the Federal Bureau of Investigation’s request for access to the company’s iPhones. Over the past few weeks, American government agencies have pressured Apple to comply to … | Continue reading
Online advertisement censoring tool Adblock has become the common struggle amongst digital content publishers and providers. With over 40 million users, a substantially large number of internet users are beginning to use the application to eliminate advertisements shown in news o … | Continue reading
Since the beginning of the current year, the bitcoin price has seen some ups and downs, but overall, the price has been climbing up. 2016 is said to be the year where the bitcoin price is supposed to climb to new highs and it seems that all is going according to predictions. Of c … | Continue reading
Few years down the line we might see the whole banking and financial sector powered by blockchain technology. Many banks and financial institutions in the Western and Asian regions are already invested in it. They are working on integrating the decentralized distributed ledger te … | Continue reading