Key Highlights Ripple price traded as low as $0.8014 before starting a fresh upside wave against the US dollar. There is a significant bearish trend line in place with resistance near $0.8480 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair has to break the trend line resistance and $0.8500… […]
Archive | May 7, 2018
Blockchain startup Dovu created a pilot program with auto giant BMW to encourage drivers to track their own mileage.
FOMO Moments Following two days of selling pressure the markets have stabilized a little and even started to gain marginally during the morning’s Asian trading session. Total market capitalization is climbing back towards $450 billion and Bitcoin did not drop below $9k. It is currently trading up 1% on the day at $9,440. Altcoins are… […]
The SEC and ICO participants must work together to find a reasonable market fix to the current royal mess.
Binance CEO Changpeng Zhao said in a blog post that ICOs are “100 times easier” for raising money than VCs, even with a high risk of failure
Bitcoin Price Key Highlights Bitcoin price bounced off its channel resistance but seems to be encountering support once more. Applying the Fib extension tool until the nearby area of interest shows the next potential upside targets. Technical indicators are signaling that the uptrend could continue but at a weaker pace. Bitcoin price could resume its… […]
The latest cryptojacking attack affects outdated versions of a major content management system.
CBblocks, a Miami-based firm that specializes in cryptocurrency wallet management, has enjoyed great success in 30 days. So much so that the company is planning to move to Canada in order to escape the U.S. regulatory burden. Cryptocurrency Wallet Management Startup Moves to Canada to Avoid U.S. Regulation CBlocks was created by Auston Bunsen, Mario… […]
Azerbaijan, taking another step towards the legitimization and mainstream adoption of cryptocurrencies, has declared that the coins are subject to taxation in the country. Specifically, revenues generated by entities will face ‘profit tax,’ and individuals trading cryptocurrencies will be subject to ‘income tax.’ These clarifications come from Nijat Imanov, deputy director general of the Tax… […]
The objective of the Basis project is to create a token that has a reasonably stable value and which would be used to facilitate exchange between users. Just as the central banks would expand or contract the money supply based on inflation or deflation…
ForbesWarren Buffett Is Wrong About BitcoinForbesLegendary investor and CEO of Berkshire Hathaway Warren Buffett has been a long-time bear on Bitcoin, using strong messages to tell investors that they will lose a great deal of money by sticking with the digital currency. Like “poison squared,” an …Warren Buffett says bitcoin is ‘rat poison’CNNMoneyBitcoin almost broke […]
New York TimesBitcoin Sees Wall Street Warm to Trading Virtual CurrencyNew York TimesSAN FRANCISCO — Some of the biggest names on Wall Street are warming up to Bitcoin, a virtual currency that for nearly a decade has been consigned to the unregulated f…
Regardless of our medium to long term bullish skew, sellers are driving prices across the board. Apart from EOS,which is the only coin in the top 10 registering a modest three percent gain, others made losses. Stellar Lumens leads with a three percent loss in the past 24 hours and chances are it shall add… […]
Following the markets? See what orders to place in our latest price analysis
The San Francisco Federal Reserve released an Economic Letter suggesting that the introduction of Bitcoin futures trading directly influenced the December 2017 price decline