Archive | December 2, 2017

Bitcoin Cash Price Weekly Analysis – BCH/USD Reaching Breakout

Key Points Bitcoin cash price corrected lower, but remains supported above $1200 against the US Dollar. There is a major contracting triangle forming with resistance at $1480 on the 4-hours chart of BCH/USD (data feed from Kraken). The pair might soon break the triangle resistance and trade above $1500 in the near term. Bitcoin cash […]

Bitcoin Price Weekly Analysis – BTC/USD Sights More Upsides

Key Points Bitcoin price remains in a super bullish trend above $10,000 against the US Dollar. There are two bullish trend lines forming with supports at $10,300 and $9200 on the 4-hours chart of BTC/USD (data feed from SimpleFX). The pair is currently trading in a range above the $10,500 level and is preparing for […]

The launch of bitcoin futures is getting politicians’ attention – New York Post

New York PostThe launch of bitcoin futures is getting politicians’ attentionNew York PostThere’s a new thing sweeping the international investment landscape. Its price is climbing the charts even faster than Taylor Swift’s new album “Reputation,” which sold 1.2 million copies in its first week. It makes the flying FANG stocks look as tame …and more »

Ethereum Price Weekly Analysis – ETH/USD Remains Bullish

Key Highlights ETH price after a dip found support near the $390 level and moved higher against the US Dollar. There is a crucial bullish trend line forming with support near $415 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair might correct once again towards the trend line or $420, but […]

4NEW – Could It Be the Next Bitcoin?

LONDON – Dec 2, 2017 – 4NEW, the company operating Waste to Energy treatment plants today announced a series of groundbreaking developments. 4NEW has successfully secured $30.5 million USD from institutional investors collectively. This enables 4NEW to complete its soft cap requirement facilitating the construction and realization of its first plant in its entirety. The […]

This Ukrainian Shipping Firm is Using Bitcoin to Evade Sanctions

A Ukrainian shipping company has become the first to accept payment in bitcoin. Its motivation for taking the digital currency? To evade economic sanctions. Shipping companies are obliged not to trade with sanction-hit countries such as Sudan, Yemen, and Qatar. Bitcoin provides a means of ensuring payment whilst enabling shippers to continue trading with these […]

Tether Presses Bring Another 50 Million USDT to market

The past few weeks have been pretty busy for Tether.The company has printed a lot more USDT than people would like to see. Even today, things are still firing on all cylinders. With another 50 million tokens in circulation, the speculation will only intensify. These new tokens once again coincide with a new Bitcoin price […]