Archive | April 16, 2018

Washington Just Got 20 New Bitcoin ATMs

In response to significant demand from local users and merchants, Washington DC has installed 20 Bitcoin (BTC) ATMs across the US capital. A Texas-based Bitcoin ATM network, Coinsource, rolled out the machines. In the Maryland and Columbia districts, the machines were added in response to high demand and are being positioned in convenient locations. Other locations such […]

Bitcoin Merchant Adoption Might Just Be Accelerating In Asia – CoinDesk

CoinDeskBitcoin Merchant Adoption Might Just Be Accelerating In AsiaCoinDeskBitcoin isn’t for payments? While that may be the popular narrative of late, don’t tell that to Bellatorra Skin Care, a luxury brand that has found the opposite as it’s expanded internationally into markets such as China and India. Not only is bitcoin …and more »

Barclays Bank Pivots on ‘Infection’ Study, Now Mulling Crypto Trading Desk

Insiders say UK’s Barclays bank may be investigating opening a cryptocurrency trading desk just a week after releasing a report comparing investors in digital assets to an “infected” population that would die out soon. Barclays Investigating Crypto Trading Desk Bloomberg has reported that Barclays bank is doing an initial assessment to gauge clients interest in the bank opening… […]

Ripple Price Technical Analysis – XRP/USD Consolidating above $0.6200

Key Highlights Ripple price corrected lower recently from the $0.7000 swing high against the US dollar. There is a contracting triangle forming with current support at $0.6400 on the hourly chart (data source from Kraken). The pair may consolidate above the $0.6200 pivot level in the short term before it makes the next move. Ripple… […]

Barclays UK New Ventures Unit to Explore “Disruptive” Themes

British bank Barclays appears to be the latest to enter the blockchain arena, with Barclays UK announcing a new ventures unit to study “disruptive technology”. The announcement appeared to dance closely around the blockchain topic without directly pointing to cryptocurrency, explaining its mission to innovate in pursuit of “disruptive” themes within the newly created Barclays UK […]

Bitcoin Price Analysis, 16th April 2018: Prices Back Below $8,000

Bitcoin markets are going through a period of increased volatility with volumes going down. While prices peaked close to USD 8,400 today, support for such levels proved non-existent. The day’s signals A big upward spike pushed prices close to USD 8,400 levels. A sideways trend ensued through a period of decreased volatility through the course […]

Thai Regulators Asked to Ease New Cryptocurrency Taxes

Players in Thailand’s crypto markets have petitioned the Finance Ministry to either delay or waive altogether a combined 22% tax burden aimed at dissuading investors from putting money into ICO’s and cryptocurrency within the Kingdom. Reformers Seek Changes in New Thai Tax Before it Takes Effect On March 29, a royal decree was handed down to… […]

Lightning + NFC? The New Plan to Bring Bitcoin to Retail – Coindesk

Lightning + NFC? The New Plan to Bring Bitcoin to RetailCoindeskImagine a way to expand bitcoin payments to millions per second. Now, imagine a clunky, command-line interface. That’s the extent of the divide between the vision enabled by bitcoin’s best-yet scaling solution, the lightning network, and the current …

Bitcoin Cash Price Technical Analysis – BCH/USD Targets Fresh Highs

Key Points Bitcoin cash price declined recently, but it found support near $740 against the US Dollar. There is a new connecting bullish trend line forming with support at $750 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is placed nicely above $740 and the 100 hourly simple moving… […]

Bitcoin Price Technical Analysis for 04/17/2018 – Another Pullback Zone to Watch

Bitcoin Price Key Highlights Bitcoin price recently broke out of its descending channel to show that an uptrend reversal is underway. Price hit resistance at $8450 and is gearing up for a pullback, possibly until the broken resistance. This lines up with several inflection points, so plenty of limit orders may be located in this… […]