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 […]
Archive | April 16, 2018
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 »
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… […]
Luxury brand Bellatorra Skin Care reports hot demand for crypto payments from both wholesale and retail customers as it expands into China and India.
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… […]
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 […]
Two economists have developed a model for pricing bitcoin and other assets in decentralized financial networks.
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 […]
Nothing can be a better lift for a cryptocurrency than news that a major exchange will be listing it or expanding trading options. Exchanges do not come much bigger than Binance so the announcement posted on the company website an hour or so ago has given Cardano a long needed lift this morning. Cardano is… […]
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… […]
The Bank of Japan said it has no plan to issue a central bank digital currency due to concerns over financial stability.
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 …
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… […]
A new proposal explores the combination of the lightning network and NFC to move the layer-two bitcoin tech forward.
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… […]