Archive | July 21, 2018

Bitcoin Price Weekly Analysis: BTC/USD’s Next Target $8,500

Key Points Bitcoin price gained momentum and settled above $7,200 against the US Dollar. There is a major bullish trend line forming with support at $7,000 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is likely to make the next move either above $7,600 or below $7,240 in the… […]

Bitcoin Price Weekly Analysis: BTC/USD’s Next Target $8500 – newsBTC

newsBTCBitcoin Price Weekly Analysis: BTC/USD’s Next Target $8500newsBTCThis past week, there was a major upside move above the $6,800 resistance in bitcoin price against the US Dollar. The BTC/USD pair jumped above the $7,000 and $7,200 resistance levels to gain traction. It even spiked above the $7,500 resistance and …and more »

UK Police Top up Budget With Proceeds From Sale of Seized BTC

A UK police department has sold 295 BTC which they say were legally seized from a drug dealer. The court ordered him to forfeit his crypto stored in a hardware wallet. The police reportedly get to keep 18.8% of the sale proceeds. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space British Police Seized BTC […]

Ethereum Price Weekly Analysis: ETH/USD Could Revisit $422

Key Highlights ETH price struggled to hold gains above $510 and declined sharply against the US Dollar. Recently, there was a break above a bearish trend line with resistance at $457 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair has to close above $477 and the 100 simple moving average to… […]

Bitcoin Cash Price Weekly Analysis: BCH/USD Bullish Above $820

Key Points Bitcoin cash price corrected lower and tested the $740 support area against the US Dollar. There is a major bullish trend line in place with support at $750 on the 4-hours chart of the BCH/USD pair (data feed from Kraken). The pair must break the $800 and $820 resistance levels to gain bullish… […]

New BATM Supporting BTC, BCH Launches in Sofia

A crypto teller machine exchanging a number of cryptocurrencies with fiat, including bitcoin (BTC) and bitcoin cash (BCH), will be operational next week in a Sofia mall. The BATM is a two-way device that will accept euro, dollar and Bulgarian lev deposits. It will also buy cryptos and print paper wallets.   Also read: Eastern […]

Can Bitcoin Become the Global Monetary Standard? – Reason

ReasonCan Bitcoin Become the Global Monetary Standard?ReasonIt’s an artful beginning to a book that makes a case for bitcoin as the best form of money ever conceived, largely because its supply is permanently capped at 21 million units. That hard limit means bitcoin can never be devalued, as were the rai stones …

4 Reasons Why It’s Not Too Late to Invest in Bitcoin – Bitcoinist

Bitcoinist4 Reasons Why It’s Not Too Late to Invest in BitcoinBitcoinistOn its way to reaching its all-time high of roughly $20,000 in January, Bitcoin caught the eye of the public. Since then, the world’s largest cryptocurrency has lost around 70 percent of its value since — but experts say it’s still a very attractive …

JPMorgan Chase Scores Another Bitcoin Technology Patent

Banks have shown a keen interest in Bitcoin technology over the years. Various patents have been filed by these financial institutions to explore new potential business use cases. JPMorgan was recently awarded a patent which could allow the bank to issue blockchain-based virtual depository receipts. JPMorgan Chase and Blockchain With so many banks exploring opportunities […]

Crypto Markets See Solid Upswing, Bitcoin Pushes $7500 – Cointelegraph

CointelegraphCrypto Markets See Solid Upswing, Bitcoin Pushes $7500CointelegraphCrypto markets are seeing mostly green today, July 21, continuing the momentum of this week’s upswing. The top ten altcoins are solidly regaining strength today, up as much 8%, according to Coin360, with Bitcoin (BTC) only slightly in the green …and more »

BitRefill Adds Amazon Gift Cards to Its Platform

The chances of Amazon ever accepting cryptocurrency payments directly are slim to none. It is evident the world’s leading e-commerce giant wants nothing to do with Bitcoin or any of the altcoins, regardless of how popular they may become. BitRefill has come up with an intermediary solution in this regard through its new Amazon voucher […]