Archive | February 8, 2018

China’s unwanted bitcoin miners may move to Canada – CNNMoney

CNNMoneyChina’s unwanted bitcoin miners may move to CanadaCNNMoney”It’s a hard time for the mining business in China,” said Jack Liao, who owns several bitcoin mines in the country. He said in a recent interview with CNNMoney that he’s thinking about moving some of his operations overseas, with Canada, the U.S. and …

Ripple Price Technical Analysis – Can XRP/USD Make it?

Key Highlights Ripple price is currently moving inside a range below the $0.7300 resistance against the US dollar. There is a short-term contracting triangle forming with support near $0.6900 on the hourly chart of the XRP/USD pair (data source from SimpleFx). The pair looks set to make the next move either above $0.7400 or below […]

Thanks to Mainstream Media, the Public Are Clueless About Cryptocurrency

Did you hear that bitcoin’s dead? Or how about the new coin that’s going to be the next ethereum? Also, there’s this cryptocurrency called verge that experts are tipping to make huge gains this year. And let’s not forget ripple either. You should totally load up on $3 ripple. Navigating the cryptocurrency landscape is tricky […]

Hedge Fund Investor: Bitcoin Already Hit Bottom, Ready to Surge

Bitcoin has gone to its bottom price and will rise back to its peak level and then probably grow from there said digital investor Dan Morehead. Bitcoin Should Return to its Peak Soon Speaking with CNBC’s Fast Money Dan Morehead from Pantera Capital made some very promising predictions regarding the immediate future of cryptocurrency, and he […]

Bitcoin Price Technical Analysis for 02/09/2018 – Slow But Steady Climb

Bitcoin Price Key Highlights Bitcoin price is testing an area of interest at the $8,000 major psychological level which lines up with several support levels. For one, this is the bottom of a short-term ascending channel visible on the 1-hour time frame. This also coincides with the 61.8% Fibonacci retracement level, which already appears to […]

Where’s Greg? Maxwell Is Coding Next-Gen Bitcoin Contracts – CoinDesk

CoinDeskWhere’s Greg? Maxwell Is Coding Next-Gen Bitcoin ContractsCoinDeskOne of bitcoin’s most respected developers, Gregory Maxwell, is returning to his cypherpunk roots with a series of new projects. After nearly four years as CTO of high-profile bitcoin technology startup Blockstream, he’s departed that position to focus …

Ethereum Price Technical Analysis – ETH/USD Eyeing Upside Break?

Key Highlights ETH price is trading inside a range above the $775 support level against the US Dollar. There is a short-term contracting triangle forming with current resistance at $830 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair may soon make the next move and it could break $830-840 to trade […]

Bitcoin Cash Price Technical Analysis – BCH/USD Rallies Past Key Resistance

Key Points Bitcoin cash price rallied recently and moved above the $1,000 and $1,200 resistances against the US Dollar. Yesterday’s highlighted major connecting bearish trend line with resistance at $990 was broken on the hourly chart of BCH/USD (data feed from SimpleFX). The pair traded above the $1,300 level before starting a downside correction. Bitcoin […]

Bitcoin Couture Makes Its Debut at New York Fashion Week

While New York Stock Exchange traders were grappling with a market in freefall, elsewhere in the city this week all eyes were on more important matters. New York Fashion Week officially starts today (February 8), and at a pre-show on Tuesday, the latest haute couture and avant-garde designs were on display. Seeking to tap into […]

Crypto Pundit McAfee Surveys the Community with Surprising Results

Social media plays a huge part in the cryptocurrency ecosystem. Blockchain companies themselves use the various platforms to communicate with their clients and investors and make announcements. Due to the ‘anything goes’ nature of social media it has also attracted a number of colourful characters, one of which is self-appointed crypto overlord John McAfee. The […]