Venezuelan president Maduro has ordered the issuance of the first 100 mln Petros, the national cryptocurrency, with each Petro worth a barrel of oil.
Archive | January 6, 2018
The Denver PostBitcoin for your retirement money? It could double, or it could disappear.The Denver PostOne of the bigger stories of 2018 may be the continued fascination with Bitcoin. You may have heard friends talk about it at a holiday party or read articles about the huge price gains. This might have you wondering whether […]
Key Points Bitcoin gold price is moving nicely and is forming support around the $210 level against the US Dollar. There is a major bearish trend line forming with current resistance at $270 on the 4-hours chart of BTG/USD (data feed from Bitfinex). The pair has to move above the $270 and $290 resistance levels […]
Key Highlights ETH price is moving nicely above the $1,000 level and it heading higher against the US Dollar. There are two major bullish trend lines forming with support at $990 and $770 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair might continue to move higher and the next target for […]
Financial TimesBitcoin boost propelled 2017’s best-performing ETFsFinancial TimesThe surge in the value of bitcoin last year helped a New York investment boutique claim the title of best-performing exchange traded fund of 2017. Ark Investments, which specialises in strategies based on new technologies and disruptive innovations …and more »
Key Points Bitcoin cash price is struggling to move above the $2600 and $2700 resistance levels against the US Dollar. There is a crucial bearish trend line forming with resistance at $2600 on the 4-hours chart of BCH/USD (data feed from Kraken). The pair has to move above the $2600 and $2700 levels to gain […]
An ongoing investigation has revealed multiple allegations that hot wallets from users of popular subreddit r/btc were hacked through Tippr, resulting in thousands of dollars worth of bitcoin cash (BCH) stolen. Early theories assumed this to be a new low in the so-called Civil War between supporters of bitcoin core and BCH. Also read: African […]
Daily MailBitcoin: Big in JapanDaily MailAnother factor contributing to a bitcoin boom in Japan: ultra-low interest rates from the deflation-battling central bank that has left investors scratching their heads for places to find returns on their cash. …
NDTVBitcoin Rises Again As Cryptocurrency Gets a New ‘Pal’ In Peter ThielNDTVA few days after the media reports appeared saying that PayPal-s co-founder Peter Thiel’s ‘Founder Fund’ invested over $15 million in bitcoins last year, the cryptocurrency prices started recuperating again. The bitcoins prices had hit a glass ceiling …Price Analysis, Jan. 06: Bitcoin, Ethereum, […]
There has been much talk of how blockchain technology can improve mainstream financial markets. That cuts both ways. In particular, blockchain purports to fix post-trade, yet the crypto market itself fails miserably at it.
New York PostWhy Merrill Lynch won’t touch bitcoinNew York PostMerrill Lynch last week became the latest — and largest — Wall Street bank to say no to bitcoin. The brokerage arm of Bank of America said its 17,000 financial advisers can’t sell the cryptocurrency to its clients, even though every Joe Lunchpail …
The GuardianHow I fell for the blockchain gold rushThe GuardianBitcoin envy, the ultramodern malaise. News reports are full of this magic internet money’s rocketing value – currently $16,000 – and Facebook is dotted with people who picked some up at $500, $50 or even 50 cents. But the cryptocurrency ship hasn’t …and more »
Investopedia (blog)Bitcoin: What Does 2018 Hold In Store?Investopedia (blog)SegWit is also expected to lead the way towards the Lightning network, which is being touted as a solution to bitcoin’s scaling problems. (See also: What Is Bitcoin Lightning Network?) The network envisages a number of state channels (or, separate …Bitcoin futures investors set to suffer losses […]
A Brand New Market Cap Wow! Look at it go! I’m talking of course about that ever-expanding coin market-cap, touching $800 Billion as I write these words. Yes, that’s very close to a Trillion bucks. And it’s still growing. At the start of the year (just over 5 days ago) we sat around $670 Billion, […]
There are quite a few issues in the world of cryptocurrency debit cards. More specifically, Visa seemingly suspended nearly all debit card providers. This includes the likes of Bitwala, Wirex, TenX, and even CoinsBan. All of these companies rely on WaveCrest as a card issuer and their partnership with Visa. It is evident, things are […]