Archive | July 8, 2018

Ripple Price Analysis: Can XRP/USD Bounce Back?

Key Highlights Ripple price declined a few points recently after trading as high as $0.4877 against the US dollar. There is a key bullish trend line forming with support at $0.4680 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair may dips a few more points, but it remains supported… […]

Bitcoin vs Altcoins: Which Cryptocurrency Is the Most Usable as Money? – Cointelegraph

CointelegraphBitcoin vs Altcoins: Which Cryptocurrency Is the Most Usable as Money?CointelegraphIt’s no secret that most mainstream economists don’t think too highly of cryptocurrencies. Not only have Bitcoin, Ethereum and the rest produced the “greatest bubble in history,” but they’re “neither a serious method of payment nor a good way to store …6 Recent Bitcoin Price […]

English Premier League Football Team Signs Crypto Sponsorship Deal

The newly-promoted English Premier League football team Wolverhampton Wanderers has signed a deal with cryptocurrency exchange platform, CoinDeal, writes Business Insider. CoinDeal, which was founded by three Poles from Wrocław, have formed a partnership with the 2017/18 Championship side recently to promoted to play in this year’s prestigious English Premier League, alongside footballing giants such […]

PR: Cryptocurrency Betting Platform 1xBit Launches a Wealth of 2018 World Cup Promotional Offers

Bitcoin Press Release: Cryptocurrency betting platform 1xBit announces huge 2018 World Cup Promotions including an extraordinarily generous 125% deposit bonus. June 28th, 2018, Limassol, Cyprus: Variety is the spice of life and so are rewarding innovative betting platform features. 1xBit has launched gigantic promotional offers for this year’s World Cup. At 1xBit, users will find […]

FCoin Met With Continued Skepticism: Wash Trading Allegations and ETH Clog

The controversial FCoin exchange came under fire last week as users accused the platform of clogging the Ethereum network. This week is no different, as the exchange has still been met with widespread skepticism. Ethereum Network Clog Continues  Last week saw the lambasting of FCoin, as cryptocurrency companies like MyCrypto and ICO Drops brought attention… […]

5 Reasons To Buy Bitcoin Now – Seeking Alpha

UseTheBitcoin (press release)5 Reasons To Buy Bitcoin NowSeeking AlphaPerhaps the primary reason I like to have exposure to Bitcoin in my portfolio is the almost unimaginable upside. I always hesitate to talk about the upside scenarios because these ar…

Monero (XMR) Price Watch: Another Bullish Channel Bounce?

Monero Price Key Highlights Monero is gaining traction since its bounce off the channel support and is testing the mid-channel area of interest. Applying the Fibonacci extension tool on the latest correction move shows that the 38.2% level lines up with this barrier. Stronger bullish momentum could take it up to the next levels at… […]

Bitcoin (BTC) Price Watch: Ascending Channel Below Major Support – newsBTC

newsBTCBitcoin (BTC) Price Watch: Ascending Channel Below Major SupportnewsBTCThen again, it’s worth noting that bitcoin price is already trading above the moving averages, which reflects a pickup in bullish pressure. The gap between the moving averages is narrowing so selling pressure is slowing. A break past the triangle top …Bitcoin (BTC) Price Analysis: Channel Within […]

Bitcoin (BTC) Price Watch: Ascending Channel Below Major Support

Bitcoin Price Key Highlights Bitcoin price has formed higher lows and found resistance at the $6,785 level to create an ascending triangle. Price is testing the pattern’s resistance, which lines up with the broken long-term support visible on the 4-hour chart. Technical indicators are suggesting that the ceiling could hold for now. Bitcoin price is… […]

Bitcoin Price Analysis – Bearish in the interim

Despite declining daily transactions, NVT has begun to decrease, suggesting more on-chain value is being transmitted. SegWit and batching have massively improved scalability going forward for the next swath of heavy network usage. Although many months …

PR: DragonEx Launches Global Operation Center in Thailand

Bitcoin Press Release: DragonEx is pleased to announce the opening of their Global Operations Center in Bangkok, Thailand. June 29th 2018. Bangkok, Thailand: One of the top 30 global cryptocurrency exchanges, DragonEx held a press conference to officially launch its Global Operations Center in Bangkok, Thailand, on June 28, 2018. Its theme was “Maintain Core […]

Why bitcoin uses so much energy – The Economist

The Economist Why bitcoin uses so much energyThe EconomistBITCOIN has been alarming people for years because of the amount of electricity needed to mint new virtual coinage. Alex de Vries, a bitcoin specialist at PwC, estimates that the current global power consumption for the servers that run bitcoin’s …