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Bitcoin Price Analysis – Consolidation continues – Brave New Coin


Brave New Coin

Bitcoin Price Analysis – Consolidation continues
Brave New Coin
Bitcoin has continued consolidating near all time highs over the past week, with little price action. Hash rate is also essentially unchanged, while SegWit is on track for lock-in and activation sometime later this month. All eyes were on the Bitcoin
Winklevoss’ Gemini Exchange to Allow CBOE to Use Bitcoin Market DataBitcoinist

all 5 news articles »


Brave New Coin

Bitcoin Price Analysis - Consolidation continues
Brave New Coin
Bitcoin has continued consolidating near all time highs over the past week, with little price action. Hash rate is also essentially unchanged, while SegWit is on track for lock-in and activation sometime later this month. All eyes were on the Bitcoin ...
Winklevoss' Gemini Exchange to Allow CBOE to Use Bitcoin Market DataBitcoinist

all 5 news articles »

Bitcoin Price Analysis – Consolidation continues

Bitcoin has continued consolidating near all time highs over the past week, with little price action. Hash rate is also essentially unchanged, while SegWit is on track for lock-in and activation sometime later this month.

All eyes were on the Bitcoin Cash (BCH) fork of Bitcoin, which occurred on August 1st. It’s had a few issues from the start. Initial hash rate was extremely low. BCH still needs several difficulty adjustments before miners are incentivized to switch from any profitable cryptocurrency.

Bitcoin has continued consolidating near all time highs over the past week, with little price action. Hash rate is also essentially unchanged, while SegWit is on track for lock-in and activation sometime later this month.

All eyes were on the Bitcoin Cash (BCH) fork of Bitcoin, which occurred on August 1st. It’s had a few issues from the start. Initial hash rate was extremely low. BCH still needs several difficulty adjustments before miners are incentivized to switch from any profitable cryptocurrency.

New York City Employee Disciplined For Mining Bitcoin at Work

A New York City employee was recently caught mining bitcoin at work, which stemmed from a 2014 incident. Vladimir Ilyayev is a worker for the city’s department of education. He admitted to bypassing work security and mining bitcoin on the job without the proper permissions. The City of New York Conflicts of Interest Board disciplines him as a […]

The post New York City Employee Disciplined For Mining Bitcoin at Work appeared first on Bitcoin News.

A New York City employee was recently caught mining bitcoin at work, which stemmed from a 2014 incident. Vladimir Ilyayev is a worker for the city’s department of education. He admitted to bypassing work security and mining bitcoin on the job without the proper permissions. The City of New York Conflicts of Interest Board disciplines him as a result of the action. 

Also read: Singapore Central Bank Clarifies ICO Regulations

The case report summarized Ilyayev’s admissions: “I ran bitcoin mining software on my New York City Employee Disciplined For Mining Bitcoin at WorkDOE computer from 6:00 p.m. until 6:00 a.m. every night from March 19, 2014, until April 17, 2014….During that time, I monitored the progress of my bitcoin mining software from my home computer using remote access software.”

Furthermore, Ilyayev admitted to installing the equipment during work and profiting from the mining activity when he was supposed to be working. His code of conduct for employment states he was not supposed to be engaging in any kind of personal finance transactions while working. He also admitted to the dates that he began installing the mining software without permission from the DOE.

Sanctions against Ilyayev; Bitcoin Mining at Work

After the board investigated the case, they decided to punish Ilyayev financially. According to the report, for misusing City time and engaging in profit making activity, Ilyayev had to forfeit 4 days of leave. This totals out to about $611. The employee agreed with the punishment and signed off on it.

Other news sources reported this kind of bitcoin mining by DOE employees has happened before. There was an incident back in 2015 with a DOE network engineer. This kind of “wrongful” bitcoin or cryptocurrency mining is somewhat attractive, and may continue into the future.

New York City Employee Disciplined For Mining Bitcoin at Work

Do you think Ilyayev should have been punished for this? Will cryptocurrency still be mined wrongfully by employees in various businesses? Share your thoughts in the comments section below!


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New York City Employee Disciplined For Mining Bitcoin at Work – Bitcoin News (press release)


Bitcoin News (press release)

New York City Employee Disciplined For Mining Bitcoin at Work
Bitcoin News (press release)
A New York City employee was recently caught mining bitcoin at work, which stemmed from a 2014 incident. Vladimir Ilyayev is a worker for the city’s department of education. He admitted to bypassing work security and mining bitcoin on the job without

and more »


Bitcoin News (press release)

New York City Employee Disciplined For Mining Bitcoin at Work
Bitcoin News (press release)
A New York City employee was recently caught mining bitcoin at work, which stemmed from a 2014 incident. Vladimir Ilyayev is a worker for the city's department of education. He admitted to bypassing work security and mining bitcoin on the job without ...

and more »

Benefits of Trading Cryptocurrencies on eToro, Long-Time Trader Explains

Traders and investors have always struggled to deal with customer relations of bitcoin exchanges and digital currency trading platforms. Most notably, over the past few years, many users of Coinbase have expressed their concerns over the company’s customer service, due to the lack of real-time support and phone line for urgent support tickets. Regional bitcoin … Continue reading Benefits of Trading Cryptocurrencies on eToro, Long-Time Trader Explains

The post Benefits of Trading Cryptocurrencies on eToro, Long-Time Trader Explains appeared first on NEWSBTC.

Traders and investors have always struggled to deal with customer relations of bitcoin exchanges and digital currency trading platforms. Most notably, over the past few years, many users of Coinbase have expressed their concerns over the company’s customer service, due to the lack of real-time support and phone line for urgent support tickets. Regional bitcoin … Continue reading Benefits of Trading Cryptocurrencies on eToro, Long-Time Trader Explains

The post Benefits of Trading Cryptocurrencies on eToro, Long-Time Trader Explains appeared first on NEWSBTC.

Ethereum Price Technical Analysis – ETH/USD Grinding Higher

Key Highlights ETH price remained supported above the $215 level against the US Dollar and moved higher. Yesterday’s highlighted short-term contracting triangle with resistance near $220-218 on the hourly chart of ETH/USD (data feed via SimpleFX) was broken. There pair is slowly moving higher, but lacks bullish momentum for a break above $226. Ethereum price … Continue reading Ethereum Price Technical Analysis – ETH/USD Grinding Higher

The post Ethereum Price Technical Analysis – ETH/USD Grinding Higher appeared first on NEWSBTC.

Key Highlights ETH price remained supported above the $215 level against the US Dollar and moved higher. Yesterday’s highlighted short-term contracting triangle with resistance near $220-218 on the hourly chart of ETH/USD (data feed via SimpleFX) was broken. There pair is slowly moving higher, but lacks bullish momentum for a break above $226. Ethereum price … Continue reading Ethereum Price Technical Analysis – ETH/USD Grinding Higher

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Coinbase says it will support Bitcoin Cash after all — but it isn’t committed to trading yet – TechCrunch


TechCrunch

Coinbase says it will support Bitcoin Cash after all — but it isn’t committed to trading yet
TechCrunch
Coinbase, one of the world’s largest (if not the) largest cryptocurrency exchanges, has reversed its stance on Bitcoin Cash and said it will introduce support for the fork next year. Coinbase was among numerous exchanges to opt out of trading Bitcoin
Coinbase to Let Users Withdraw Bitcoin Cash After OutcryFortune
Bitcoin cash’ potential limited, but a catalyst could be looming for it to take offCNBC
Bitcoin, Ether rebound as Bitcoin Cash tumbles 30%MarketWatch
CoinDesk –Business Insider –Bitcoin News (press release) –Coin Market Cap
all 764 news articles »

TechCrunch

Coinbase says it will support Bitcoin Cash after all — but it isn't committed to trading yet
TechCrunch
Coinbase, one of the world's largest (if not the) largest cryptocurrency exchanges, has reversed its stance on Bitcoin Cash and said it will introduce support for the fork next year. Coinbase was among numerous exchanges to opt out of trading Bitcoin ...
Coinbase to Let Users Withdraw Bitcoin Cash After OutcryFortune
'Bitcoin cash' potential limited, but a catalyst could be looming for it to take offCNBC
Bitcoin, Ether rebound as Bitcoin Cash tumbles 30%MarketWatch
CoinDesk -Business Insider -Bitcoin News (press release) -Coin Market Cap
all 764 news articles »

Ethereum Classic Price Technical Analysis – ETC/USD Gaining Bids

Key Highlights Ethereum classic price gained bids and now positioned above the $15.00 level against the US Dollar. There is a bullish trend line forming with support at $14.80 on the hourly chart of ETC/USD (Data feed via Kraken). The price is now set for a move towards the next resistance at $15.80-16.00. Ethereum classic … Continue reading Ethereum Classic Price Technical Analysis – ETC/USD Gaining Bids

The post Ethereum Classic Price Technical Analysis – ETC/USD Gaining Bids appeared first on NEWSBTC.

Key Highlights Ethereum classic price gained bids and now positioned above the $15.00 level against the US Dollar. There is a bullish trend line forming with support at $14.80 on the hourly chart of ETC/USD (Data feed via Kraken). The price is now set for a move towards the next resistance at $15.80-16.00. Ethereum classic … Continue reading Ethereum Classic Price Technical Analysis – ETC/USD Gaining Bids

The post Ethereum Classic Price Technical Analysis – ETC/USD Gaining Bids appeared first on NEWSBTC.

Coinbase Promises to Add Support for Bitcoin Cash

coinbase bitcoin cashIn a recent email, Coinbase announced that it will integrate support for Bitcoin Cash. It was only a few days earlier that the company tweeted that it will not interact with the Bitcoin Cash blockchain, but after pressure from the community and possible lawsuits that could arise, Coinbase pledged to add support for the cryptocurrency by January of 2018. Specifically, Coinbase stated that they changed their mind “based on factors such as the security of the network, customer demand, trading volumes, and regulatory considerations.” Many traders are criticizing the exchange’s relatively long expected timeframe to fund users’ accounts with BCH.

coinbase bitcoin cash

In a recent email, Coinbase announced that it will integrate support for Bitcoin Cash. It was only a few days earlier that the company tweeted that it will not interact with the Bitcoin Cash blockchain, but after pressure from the community and possible lawsuits that could arise, Coinbase pledged to add support for the cryptocurrency by January of 2018.

Specifically, Coinbase stated that they changed their mind “based on factors such as the security of the network, customer demand, trading volumes, and regulatory considerations.”

Many traders are criticizing the exchange’s relatively long expected timeframe to fund users’ accounts with BCH. Bittrex, Bitfinex, Kraken, and dozens more were able to integrate and credit the token within hours. In the cryptocurrency world five months is an eternity, a perfect example is how eventful this month has been.

I would like to clear one possible misconception, you do not have to keep your funds on Coinbase in order to get credited Bitcoin Cash. In fact, you are free to move your coins off the exchange and the Bitcoin Cash will be credited to your account at a later date.

“Customers with balances of bitcoin at the time of the fork now have an equal quantity of bitcoin cash stored by Coinbase.”

Overall, Coinbase made the right decision to move forward and support Bitcoin Cash. Though, they don’t have much choice either as those tokens legally belong to their rightful owners.

Surprisingly, so far the announcement hasn’t had much effect on the BCH price. It is trading at $387 at the time of writing down 20% in the past 24 hours after hitting an all time high of $727.

InvestFeed signs deal with BNC as preferred market data vendor

investFeed is a a social networking and market access platform. The company was co-founded by Chief Executive Officer Ronald Chernesky and Chief Technology officer Andrew Freedman. Chernesky is the driving force behind the platforms strategy, vision an…

investFeed is a a social networking and market access platform. The company was co-founded by Chief Executive Officer Ronald Chernesky and Chief Technology officer Andrew Freedman. Chernesky is the driving force behind the platforms strategy, vision and organic growth.

Having started his career in New York City as a floor trader, the entrepreneur has been working on the project since 2014, having built a social investing platform with multiple social network features. The platform initially focused on traditional financial markets, and entered beta testing last year.

Bitcoin Cash Price Technical Analysis – BCH/USD Under Pressure

Key Points Bitcoin cash price extended its decline and now positioned below $400 against the US Dollar. There is a new connecting bearish trend line forming with resistance at $400 on the hourly chart (data feed from Kraken) of BCH/USD. The price may decline further in the short term, but the $350 level is a … Continue reading Bitcoin Cash Price Technical Analysis – BCH/USD Under Pressure

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Key Points Bitcoin cash price extended its decline and now positioned below $400 against the US Dollar. There is a new connecting bearish trend line forming with resistance at $400 on the hourly chart (data feed from Kraken) of BCH/USD. The price may decline further in the short term, but the $350 level is a … Continue reading Bitcoin Cash Price Technical Analysis – BCH/USD Under Pressure

The post Bitcoin Cash Price Technical Analysis – BCH/USD Under Pressure appeared first on NEWSBTC.

Bitcoin Price Technical Analysis for 08/04/2017 – Small Reversal Formation

Bitcoin price is on track towards forming a head and shoulders pattern, which is a classic downtrend signal.

The post Bitcoin Price Technical Analysis for 08/04/2017 – Small Reversal Formation appeared first on NEWSBTC.

Bitcoin price is on track towards forming a head and shoulders pattern, which is a classic downtrend signal.

The post Bitcoin Price Technical Analysis for 08/04/2017 – Small Reversal Formation appeared first on NEWSBTC.

Startup of Dubai launches ICO to develop applications based on blockchain technology.

The Royal Kingdom Enterprise presents projects founded on Crypto’s billionaire market economy by providing participation in the results Since Blockchain technology has become the holy grail of the technology sector and its implementation possibilities have influenced the development of solutions in diverse industries, the company has initiated the process of creating projects to accompany this … Continue reading Startup of Dubai launches ICO to develop applications based on blockchain technology.

The post Startup of Dubai launches ICO to develop applications based on blockchain technology. appeared first on NEWSBTC.

The Royal Kingdom Enterprise presents projects founded on Crypto’s billionaire market economy by providing participation in the results Since Blockchain technology has become the holy grail of the technology sector and its implementation possibilities have influenced the development of solutions in diverse industries, the company has initiated the process of creating projects to accompany this … Continue reading Startup of Dubai launches ICO to develop applications based on blockchain technology.

The post Startup of Dubai launches ICO to develop applications based on blockchain technology. appeared first on NEWSBTC.

BetKing Introduces Revamped Platform, Announces ICO

BetKing, the most popular Bitcoin casino platform that suspended operations last year is now back in business. The new version of BetKing is much better than the previous one in many ways. The platform is technologically advanced, more flexible and offers plenty of choice to gamers. The new BetKing platform offers updated provably fair casino … Continue reading BetKing Introduces Revamped Platform, Announces ICO

The post BetKing Introduces Revamped Platform, Announces ICO appeared first on NEWSBTC.

BetKing, the most popular Bitcoin casino platform that suspended operations last year is now back in business. The new version of BetKing is much better than the previous one in many ways. The platform is technologically advanced, more flexible and offers plenty of choice to gamers. The new BetKing platform offers updated provably fair casino … Continue reading BetKing Introduces Revamped Platform, Announces ICO

The post BetKing Introduces Revamped Platform, Announces ICO appeared first on NEWSBTC.

Everex Joins Forces With MicroMoney to Offer Blockchain Based Microlending Service

Everex, the company on a mission to create a global, inclusive economy using blockchain technology has announced its collaboration with MicroMoney. The partnership with Myanmar based micro-lending platform has provided Everex with access to over 450,000 unique customers and registered users. At the same time, the collaboration allows MicroMoney to deliver services to its user … Continue reading Everex Joins Forces With MicroMoney to Offer Blockchain Based Microlending Service

The post Everex Joins Forces With MicroMoney to Offer Blockchain Based Microlending Service appeared first on NEWSBTC.

Everex, the company on a mission to create a global, inclusive economy using blockchain technology has announced its collaboration with MicroMoney. The partnership with Myanmar based micro-lending platform has provided Everex with access to over 450,000 unique customers and registered users. At the same time, the collaboration allows MicroMoney to deliver services to its user … Continue reading Everex Joins Forces With MicroMoney to Offer Blockchain Based Microlending Service

The post Everex Joins Forces With MicroMoney to Offer Blockchain Based Microlending Service appeared first on NEWSBTC.