Archive | June 9, 2018

Bitcoin Price Weekly Analysis: Can BTC/USD Break Higher?

Key Points Bitcoin price is placed nicely above the $7,200 level with positive signs against the US Dollar. There is a key bearish trend line in place with resistance at $7,750 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair must accelerate gains above the $7,750 and $7,800 barriers for… […]

Markets Slide as Price of Bitcoin Dumps to $7,300

Up until just hours ago, Bitcoin and altcoins have had a relatively quiet week. An extended sideways trend has kept volatility at impressive lows. However, recent price action on Bitcoin may have awakened the charts back to massive fluctuations that typically define cryptocurrency markets. Earlier today, global cryptocurrency markets were poised to exit the week […]

Ethereum Price Weekly Analysis: ETH/USD’s Uphill Task

Key Highlights ETH price is trading in a positive zone above the $570 level against the US Dollar. There is a major bearish trend line in place with resistance near $650 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair may perhaps move higher in the short term, but it could struggle… […]

Bitcoin Cash Price Weekly Analysis: BCH/USD Bullish Above $1,200

Key Points Bitcoin cash price remained in a positive zone above the $1,000 level against the US Dollar. There is a major bearish trend line forming with resistance near $1,200 on the 4-hours chart of the BCH/USD pair (data feed from Kraken). The pair has to settle above the $1,200 barrier to gain traction in… […]

Crypto Manga – Comic Book Series to Spread Cryptocurrency Awareness

The first issue of a crypto comic book series called Shonen Crypto has been released. Readers can learn about various aspects of cryptocurrencies as they follow the characters in this manga which aims to be both educational and entertaining. News.Bitcoin.com talked with the comic book’s Editor-in-Chief to learn more. Also read: Yahoo! Japan Confirms Entrance Into […]

Datablockchain.io Partners with Marketing Company Virtual DBS that Uses Predictive Analytics

Customer behavioural prediction systems are some of the most advanced technologies ever built that present one of the game-changing approaches to marketing the world has ever seen. Many innovative companies are getting into the the business of profiling and predictive analysis especially on social media. While the negative effects of this sector are clear, it […]

Bitcoin bucks ‘law of one price’ to regulators’ dismay – Nikkei Asian Review

Nikkei Asian ReviewBitcoin bucks ‘law of one price’ to regulators’ dismayNikkei Asian ReviewThe price of bitcoin in South Korea is relatively high compared to other markets, a gap known as the “kimchi premium.” When the price of bitcoin soared in January, 1 bitcoin was worth about 2 million yen in Japan but the equivalent of […]

Study Shows That 1/3 of All Bitcoin Owned by 1600 Wallets – newsBTC

newsBTCStudy Shows That 1/3 of All Bitcoin Owned by 1600 WalletsnewsBTCDespite these fears, further analysis has shown that some of these ‘whales’ have not moved their Bitcoin in years, leading some to believe that a few of these wallets are owned by particularly unlucky individuals who have lost access to these Bitcoin …’Bitcoin whales’ control […]

Study Shows That 1/3 of All Bitcoin Owned by 1,600 Wallets

The Express reported that figures from Chainalysis, a well-known cryptocurrency analysis firm, show that over one-third of all Bitcoin is in only 1,600 wallets. 1,600 Wallets Hold Over 1/3 of All Bitcoin This issue has been no secret in the cryptocurrency community, with small investors in the space continually dubbing these wallets as ‘whales.’ The aforementioned 1,600… […]

Not Yet for CBDC Says Italian Central Bank

Italy has decided that at this present time it has no inclination to embark on a CBDC, according to the deputy governor Fabio Panetta of the Bank of Italy in a statement on Thursday, reported Coindesk. During a keynote address to the SUERF and BAFFI CAREFIN Centre Conference held at Bocconi University, he focussed his […]