Blockchain technology enthusiasts are not difficult to find these days, as everyone is seemingly working on some project that has to do with distributed ledgers. While all of this positive attention is a notch in the belt of the blockchain concept, there will be some major challe … | Continue reading
Yesterday evening, we noted that in response to the action we had seen in the bitcoin price throughout the Monday morning and early afternoon sessions, we would maintain the previous session’s range in an attempt to draw a breakout profit. We highlighted some pretty tight targets … | Continue reading
Bitcoin has gained the notoriety of being the criminal’s currency. The use of bitcoin on the deep web marketplaces like Silk Road since its early days has garnered the public’s interest in the digital currency. In its initial days, bitcoin was considered to be completely anonymou … | Continue reading
Bitcoin Price Key Highlights Bitcoin price is still moving inside its ascending channel illustrated in yesterday’s update, bouncing off support near the moving averages. Price is back in the middle of the channel and might be on its way to test the resistance at $445. Technical i … | Continue reading
Before I got into bitcoin, I was not too much of a gambler. In fact, back in those days, I was a compulsive gamer. I would spend my whole time playing Role Play Games. Once I got into bitcoin, my gaming days ended. I had no time to play anymore and instead I was spending … Contin … | Continue reading
Ransomware has become a real plague for Internet users all over the world. There is nothing more annoying than using a computer only to have the end user completely locked out due to a piece of malware encrypting all of the necessary files. Various German hospitals have fallen vi … | Continue reading
SAN FRANCISCO – February 29, 2016 – BitFury Group, the world’s leading Bitcoin Blockchain infrastructure provider and transaction processing company, announced today that it has made an investment in the company BitPesa. BitPesa is a universal bitcoin payment and trading platform … | Continue reading
In this morning’s bitcoin price watch article, we discussed the potential for some volatility throughout today’s session. Bitcoin had a pretty up and down week last week, and while the action was conducive to our intraday strategy, it made for uncertainty as we headed in to a fre … | Continue reading
The status of Bitcoin in Russia seems to be changing on a day-to-day basis. One day, government officials want to abolish the digital currency and make using Bitcoin punishable by law. The next day, the Bank of Russia announces they are looking to explore the possibilities and bo … | Continue reading
Last week was a pretty good week for our intraday, bitcoin price strategy. We managed to get in and out of some decent trades, and limited our downside to just a few, negligible chop outs. With any luck, we’re in for a similar week this time around. If action over the weekend is … | Continue reading
In late last year, Bitcoin surged past the established resistance to rise in value. In the month of August and early September, the digital currency was valued at around $200 plus with minimum volatility. However, thanks to the global economic conditions, bitcoin price picked up. … | Continue reading
Bitcoin Price Key Highlights Bitcoin price has been trading inside a narrow ascending channel on its 1-hour chart, following a quick pullback to a previously broken resistance area. Recall that bitcoin broke above a longer-term symmetrical triangle pattern, indicating that bulls … | Continue reading
Don’t we all remember Mt Gox, the Pompeii of bitcoin which almost burnt the cryptocurrency to ground? For those who don’t, Mt Gox was a Japanese Bitcoin Exchange which held the distinction of being the largest exchange in 2013. The exchange later shut down claiming its bitcoin re … | Continue reading
The Great Wall of China is one of the seven wonders of the world. The ancient wall (portions of it) dates back to 7th century BC. The wall was completed by the first emperor of China, Qin Shi Huang in 206 BC. Portions of the wall have been rebuilt from time to time by various … C … | Continue reading
Tourism is one of the largest industries in the world. It was stated to be worth over $7.6 trillion in 2014. Increased purchasing power combined with cheaper air travel has shrunk geographical boundaries. While travel becomes cheaper, more and more people now prefer to go for a v … | Continue reading
Customer Loyalty Programs is one of the marketing strategies to glue customers to the concerned brand. These programs incentivize people on their expenditure at outlets that are part of the network. The incentives are generally in the form of discounts or redeemable reward points … | Continue reading
Bitcoin has often been referred to as a favorite tool for internet and offline criminals, particularly when drug dealing and trafficking is concerned. There are a lot of people under the illusion of how Bitcoin will protect them from being caught while it is only a matter of time … | Continue reading
Key Points Bitcoin price after trading near the $450 level found sellers and started to move down. There is a bullish trend line formed on the 4-hours chart (data feed from Bitstamp), which may be seen as a buy zone in the near term. On the upside, the $450 is a major resistance … | Continue reading
When it comes to the banking sector, the banks want to have the cake and eat it too. On one side, all the major international banks are making a beeline to incorporate blockchain technology into their operations whereas, on the other hand, they are not so eager to offer their ban … | Continue reading
Ever heard of the term “Bitcoin Dust”? That’s the case when the transactions are too little in monetary value that it is just not profitable for the network to support such transactions, hence a transaction fee is usually levied. That’s one issue which needs to be addressed and h … | Continue reading
In today’s digital world, the way in which we do many things has changed dramatically. We rely on modern technology for all sorts of things these days such as for conducting business, staying connected with friends and family, entertaining ourselves, and even for practical things … | Continue reading
Planning on entering the Bitcoin space? You might want to learn some DDoS mitigation techniques before diving in… DDoS attacks against Bitcoin-related websites have resulted in numerous Bitcoin ransoms in recent weeks. At least four bitcoin exchanges and four Bitcoin news website … | Continue reading
In this morning’s bitcoin price watch piece, we reiterated our Thursday evening comments – primarily focusing on the muted action we had seen in the bitcoin price throughout the Thursday evening session and, in turn, the Friday morning session in Europe. We were hoping that the s … | Continue reading
February 26th, 2016: San Francisco, CA — Today, social tipping industry leader ChangeTip announced ChangeTip Wallet, an exciting addition to their suite of tools that make Bitcoin, the most popular digital technology, easy and convenient to use. The Silicon-Valley company boasts … | Continue reading
Although a lot of people active in the Bitcoin world have been saying this for a while now, it looks like digital currency pose a legitimate threat to replacing national currencies in their current form. That statement was made by Tony Richards, Head of Payments Policy Department … | Continue reading
21 Inc just announced that the 21 Bitcoin Computer is shipping to 32 countries across Europe. After last year’s $116M round, 21 Inc was flying high. But with big money comes big expectations. They did not disappoint with the release of the 21 Bitcoin Computer late last year. In … | Continue reading
Yesterday afternoon we noted that action in the bitcoin price seemed to have tightened up, and that as a result, we were going to tighten up the ranges we were trading (alongside our risk management and target parameters) to accommodate these conditions. The hope was, that by tig … | Continue reading
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
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
In a recent essay, Bittorrent founder Bram Cohen lays out his interpretation of recent Bitcoin projects such as Bitcoin Classic. He labels the project purely marketing and hints what they are creating is a form of an alternative digital currency, also known as an alt-coin. This … | 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