Archive | April 15, 2018

CriptoHub and Its Plan to Become Brazil’s Largest Crypto-Exchange in under a Year

The Brazilian market has lately been experiencing exponential growth in the cryptocurrency space with a steady increase in the purchase of virtual currencies. By the end of 2017, 1.4 million Brazilians engaged in either the purchase or sale of cryptocurrencies. Many of the Brazilian crypto-exchanges have recorded daily enrollment of new users steadily increasing from… […]

Analyst: Ethereum Price Decline Was Expected, Flawed Argument

A new industry report predicts big gains for Bitcoin Cash matched by like declines in Ethereum as 2018 moves through late spring. Report Expects BCH to Reach $2000 by May The report titled Cryptocurrencies: Past, Present, and Future in which researchers claim to have used a combination of historical data and a “data-driven algorithm” has resulted in… […]

Ripple Price Technical Analysis – XRP/USD Downsides Remain Limited

Key Highlights Ripple price gained traction recently and moved towards the $0.7000 level against the US dollar. The XRP/USD pair is currently trading below a short-term bullish trend line with support at $0.6800 on the hourly chart (data source from Kraken). The pair may decline in the short term, but it remains supported above the… […]

Dedicated Power Plant for Australia’s New Blockchain “Silicon Valley”

An Australian tech firm, IOT Group, has partnered with energy provider Hunter Energy to recommission a power station in a bid to become “the first in Australia to offer pre-grid cost effective power prices to blockchain operators”. The Redbank power station near Singleton, rated at 150 megawatts, was closed in 2014 due to bankrupted owners […]

Bitcoin Price Technical Analysis for 04/16/2018 – More Buyers Waiting for a Pullback?

Bitcoin Price Key Highlights Bitcoin price has recently surged past the resistance around $7400 but might be due for a pullback. Applying the Fibonacci retracement tool on the latest swing low and high shows the potential correction areas. Technical indicators are suggesting that the uptrend could carry on from here. Bitcoin price made a strong… […]

Ethereum Price Technical Analysis – ETH/USD Remains in Uptrend

Key Highlights ETH price remained well supported and it recently traded towards the $540 level against the US Dollar. There is a key bullish trend line forming with support at $510 on the hourly chart of ETH/USD (data feed via Kraken). The pair is currently correcting lower, with supports on the downside near the $510,… […]

Bitcoin Cash Price Technical Analysis – Can BCH/USD Break $800?

Key Points Bitcoin cash price extended gains and tested the $800 resistance area against the US Dollar. There is a major contracting triangle forming with support near $775 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair may correct a few points in the near term, but it remains supported… […]

HODL On: In Defense of Bitcoin’s Best Investment Strategy – CoinDesk

CoinDeskHODL On: In Defense of Bitcoin’s Best Investment StrategyCoinDeskBUIDL has been used to help remind us that, in the words of a CypherPunk’s Manifesto, “Cypherpunks write code.” In order for the blockchain to really be useful and valuable, we need to build stuff on it. Watching the price go up and down either as a […]

Why has Satoshi Nakamoto remained anonymous?

The Bitcoin whitepaper was first released towards the end of 2008 when its creator sent it to a number of recipients on a cryptography mailing list. Curiously, its creator assumed a fake identity under the pseudonym Satoshi Nakamoto that has persisted …

Indian Crypto Traders Seeking Alternatives Following RBI Crackdown

Bitcoin case study: Aniket Patel is an Indian teenager and cryptocurrency investor who is still working on his school exams. Despite this, Patel spends more time checking the Reserve Bank of India’s (RBI) website than scouting for exam results. This is because Patel considers himself a long term “HODL’er” who is not looking for quick… […]