Archive | January 6, 2018

Bitcoin Gold Price Weekly Analysis – BTG/USD Showing Positive Signs

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 […]

Ethereum Price Weekly Analysis – ETH/USD Target $1105

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 […]

Bitcoin boost propelled 2017’s best-performing ETFs – Financial Times

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 »

Bitcoin Cash Price Weekly Analysis – Can BCH/USD Break This?

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 […]

Bitcoin Cash Reddit Tip App Users Hacked for Thousands

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 […]

Bitcoin: Big in Japan – Daily Mail

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. …

Bitcoin Rises Again As Cryptocurrency Gets a New ‘Pal’ In Peter Thiel – NDTV

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, […]

Blockchain’s Post-Trade Credibility Problem

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.

Why Merrill Lynch won’t touch bitcoin – New York Post

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 …

How I fell for the blockchain gold rush – The Guardian

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 »

Bitcoin: What Does 2018 Hold In Store? – Investopedia (blog)

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 […]

An Ethereum (ETH) Based World

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, […]