A Russian Government-linked startup named RMC One published a presentation on Tuesday that describes an upcoming Initial Coin Offering (ICO). The organization is looking to raise US$100 million to become a leading cryptocurrency mining hardware manufacturer.Formally referring to themselves as the ‘Russian Mining Company,’ RMC One was founded by Dmitry Marinichev, better known as Russia’s Internet Ombudsman, the […]
Archive | August 9, 2017
Bitcoin and blockchain technology may give us some insight into the future of payment processing but it sure has a long way to go. VISA handles on average around 2,000 transactions per second (tps) and peaks around 4,000 tps during high shopping periods. This is just a fraction of their capacity, which is said to […]
ReutersBuoyant bitcoin stirs crypto-bubble fearsReutersLONDON (Reuters) – Bitcoin and other “cryptocurrencies” are big money, virtually as big as Goldman Sachs and Royal Bank of Scotland combined. The price of a single bitcoin hit an all-time high of above $3,500 this week, dragging up the value of …Fun Coincidence: Bitcoin Hits $3136 Per Token on Its […]
Key Highlights ETH price corrected lower after trading as high as $313.62 against the US Dollar. There was a false break noted below a bullish trend line with support at $290 on the hourly chart of ETH/USD (data feed via SimpleFX). There pair is back above the bullish trend line, but struggling to move above […]
CoinTelegraphFun Coincidence: Bitcoin Hits $3136 Per Token on Its 3136th Day of ExistenceCoinTelegraphDigging deeper, this coincidence shows how Bitcoin performed solidly over the years as compared to other cryptocurrencies. Based on careful examinatio…
Key Points Bitcoin cash price failed to move above the $360 level against the US Dollar and moved down. There is a new connecting bearish trend line with resistance near $320 forming on the hourly chart of BCH/USD (data feed from Kraken). The price might extend the decline and could even trade towards the $275 […]
Bitcoin price is in the middle of forming a head and shoulders pattern on its short-term chart if bulls have trouble sustaining the climb. The post Bitcoin Price Technical Analysis for 08/10/2017 – Short-Term Selloff Brewing? appeared first on NEWSBTC.
Bitcoin price has reached $3,136 per token on its 3,136th day of existence as early of August 2017.
The US General Services Agency (GSA) has listed the possible applications for Blockchain technology that are being considered by the federal government.
After reaching an all time high of $3490 on Tuesday, the Bitcoin market has been testing support at $3300 as many traders decided to take profits and exit their position. There have been quite a few sensationalist articles in the media claiming Bitcoin price will reach $5000, and even $10,000. It is unlikely that Bitcoin’s […]
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MarketWatchBitcoin retreats from all-time high even as Fidelity debuts digital-currency trackingMarketWatchBitcoin saw a modest pullback from its recent record run on Wednesday, but the cryptocurrency enjoyed some upbeat news on the session, with Fidel…
Analysts at Goldman Sachs are advising clients to stay abreast of developments in the cryptocurrency sector – even if they don’t plan on investing.
In case you hadn’t noticed, ETH-USD markets have been on a very strong bull run for the past week. In a matter of five days, ETH-USD managed to increase by $100 — nearly a 50 percent market value increase — with very little pullback or consolidation. After ETH-USD’s multi-week-long bear run from $420 to the […]
CoinTelegraphBitcoin’s Present Bubble Might Actually be the Beginning of Mainstream AdoptionCoinTelegraphBitcoin’s enthusiasts are torn between whether to celebrate Bitcoin’s arrival in the foothills of mass adoption, or to lament the upcoming burst that always happens with asset bubbles. There is evidence for both points-of-view, as some indicators point …