Bitcoin steadies as investors watch for news on US crackdown on ICOsMarketWatchAn ICO is a fundraising method in which a company issues its own cryptocurrency, often in exchange for bitcoin. The SEC has had its eye on the industry for a while — in Dece…
Archive | February, 2018
Alibaba’s T-Mall Global e-commerce platform is reportedly applying blockchain in its cross-border supply chain.
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 […]
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 […]
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 […]
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 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 […]
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 […]
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 […]
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 …
The Securities and Exchange Commission has been “shotgunning” subpoenas to token sellers, advisors, investors and exchanges. What will come of it all?
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 […]
Bitcoin (BTC) continues to recover from this years low, set earlier this month. The market cap now stands at US$177.78 billion, with US$3.69 billion traded on exchanges in the past 24 hours.
China’s police force isn’t just focusing on domestic crypto activities, they’re eyeing overseas exchange platforms as well, according to reports.
It is fitting that a casino with a name like bitcoincasino.us would accept Bitcoin Cash as a form of deposit. The casino has long been an advocate for allowing deposits of Bitcoin onto the platform. Now, it is taking the extra step and allowing for the cryptocurrency known as Bitcoin Cash to go along as […]