Archive | February, 2018

Ripple Price Technical Analysis – Can XRP/USD Hold This?

Key Highlights Ripple price failed to move higher and declined below the $0.9000 support against the US dollar. There is a connecting bearish trend line forming with resistance at $0.9100 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently at a risk of more declines below the $0.8800 […]

China Targets Crypto Chat Groups Ahead of Possible Further Regulation

It has been a while since any positive news came out of China regarding cryptocurrencies. That trend is likely to continue as the People’s Republic ramps up its censorship machine to include cryptocurrency chat groups and messenger services. This zero tolerance policy is also expanding to international crypto trading activities by Chinese citizens.  It has […]

SEC Subpoenas Crypto Companies to Route Out Fraud

The Securities and Exchange Commission papered cryptocurrency and blockchain based technology companies with subpoenas and demands for information yesterday in a widespread effort to control fundraising according to The Wall Street Journal. The Tip of the Iceberg There have been warning shots and talks of the coming regulations for a while but this seems like the first […]

Ethereum Price Technical Analysis – ETH/USD Remains at Risk

Key Highlights ETH price failed to move higher and it traded below the $862 support against the US Dollar. There is a connecting bearish trend line forming with resistance at $865 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair may correct a few points in the short term, but it could […]

Bitcoin Price Technical Analysis for 03/01/2018 – Another Area of Interest

Bitcoin Price Key Highlights Bitcoin price is consolidating inside a symmetrical triangle as it formed lower highs and higher lows. A bounce could be due as the triangle support lines up with a longer-term area of interest around $10,000. Technical indicators are showing mixed signals, though. Bitcoin price has formed a symmetrical triangle pattern and […]

Bitcoin Cash Price Technical Analysis – BCH/USD Could Slide Further

Key Points Bitcoin cash price failed to remain above $1,220 and declined against the US Dollar. There is a key bearish trend line forming with resistance at $1,225 on the hourly chart of BCH/USD (data feed from SimpleFX). The pair may continue to move down and it could trade below the $1,180 and $1,150 support […]

Buying BTC Using Online or Offline Retailers – How Does Taxing Work

It seems like everywhere you turn, people are talking about the meteoric rise of bitcoin. Bitcoin, the most well known cryptocurrency, seems to be a topic that people can’t get enough of. But here’s one thing most bitcoin enthusiasts aren’t talking about: bitcoin taxes. So, how do taxes apply to bitcoin? While bitcoin is a […]

Bitcoin Mega-Philanthropist ‘Pineapple’ Talks About Psychedelic Research – Forbes

ForbesBitcoin Mega-Philanthropist ‘Pineapple’ Talks About Psychedelic ResearchForbesThe fund had a simple website and stated that the founder (or founders) were pledging a whopping $85 million of their Bitcoin fortune to charity, including to a relatively obscure, but rising star in Silicon Valley dedicated to advancing psychedelic …

Asian Cryptocurrency Trading Roundup: Top Altcoin is DigixDAO

FOMO Moments The pullback after a couple of days in the green is becoming a regular pattern now. Markets can’t seem to garner any serious upward momentum and have been relatively flat and slightly down for a few weeks now. Bitcoin has retreated 4% back to $10,400 which is pretty much what it started out […]