Archive | August 4, 2018

Bitcoin Price Weekly Analysis: BTC/USD Remains Sell on Rallies

Key Points Bitcoin price declined below $7,260 and moved into a bearish zone against the US Dollar. There is a major bearish trend line formed with resistance at $7,320 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair must clear the $7,260 and $7,320 resistances to move back in a… […]

Ethereum Price Weekly Analysis: ETH/USD Facing Uphill Task

Key Highlights ETH price is under a lot of bearish pressure below the $430 and $410 levels against the US Dollar. There are two bearish trend lines in place with resistance at $432 and $412 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair needs to settle above $432 and the 100… […]

Bitcoin Cash Price Weekly Analysis: BCH/USD Bearish Below $730

Key Points Bitcoin cash price declined and broke the $730 and $705 support levels against the US Dollar. There is a major bearish trend line formed with resistance at $710 on the 4-hours chart of the BCH/USD pair (data feed from Kraken). The pair has to move above $710 and $730 to start a decent… […]

What Is Masari?

All major cryptocurrencies have seen their code being forked over the past few years. It is a trend affecting Bitcoin, Ethereum, Litecoin, and so forth. Monero has seen its fair share of forks too, although the Masari project has been overlooked by a lot of people. Nearly a year after being first announced, now is […]

Bitcoin Dips Below $7000, Hitting Lowest In 2 Weeks – Forbes

Forbes Bitcoin Dips Below $7000, Hitting Lowest In 2 WeeksForbesBitcoin prices fell below the $7,000 level today, reaching their lowest since mid-July. The digital currency’s price declined to as little as $6,933.09, according to the CoinDesk Bitcoin Price Index (BPI). At this point, it was down roughly 6.5% for …

Bitcoin’s Use in Commerce Falls by a Worrying 85%

Bitcoin will replace cash and card payments in the near future. This is a statement you’ve heard often. From its ease of use to the elimination of third-party payment processors, Bitcoin could be the ultimate payment method for the future. However, according to recent research, the reality on the ground is quite different. The research […]

Bitcoin Price Watch: Currency Dives Deeper in the Red

At press time, the father of crypto has sunk deeper into oblivion and is now trading for just over $6,900. This is a $600 drop from yesterday’s price, which leaves many investors and enthusiasts worrying about the future of crypto. Is bitcoin about to disappear for good? All the currency’s gains over the last two […]

Financial Services Giant Northern Trust Aggressively Expands into Crypto and Blockchain

Northern Trust has become the latest financial services giant to announce ventures related to cryptocurrency and blockchain technology. The Chicago-based company revealed that it has been working on blockchain-based solutions for its private equity workflow as well as assisting hedge funds that have invested in cryptos. Northern Trust is working with three mainstream hedge funds […]

Long Blockchain Subpoenaed by the SEC Months After Nasdaq Delisting

When Bitcoin was hitting record highs in December, blockchain technology was one of the hottest areas that companies sought to invest in. To take advantage of the hype and the increased investment flowing into the industry, some companies changed their names and their core services and began to offer blockchain-related services. One of them was […]

Bitcoin Falls Under $7000 – Forbes

ForbesBitcoin Falls Under $7000ForbesBitcoin rose to an intra-day high of $8,486 and close of $8,396 on July 24 after rebounding from its recent low close of $5,871 on June 28 and its intra-day low of $5,538 on July 2. However, since Tuesday Bitcoin has fallen over $1,000 to just under $7 …Bitcoin whale makes ‘enormous’ […]

Bitcoin Pricing Models – Part III – Seeking Alpha

Bitcoin Pricing Models – Part IIISeeking AlphaWe review CryptoLab Capital’s Network Value to Metcalfe (NVM) ratio. This model is the most academically advanced so far and I recommend everyone read the source article. While NVM does break new ground in Bitcoin network valuation, I have a few …

Bitcoin could come to your retirement account, thanks to Starbucks’ crypto venture: Investor Brian Kelly – CNBC

CNBCBitcoin could come to your retirement account, thanks to Starbucks’ crypto venture: Investor Brian KellyCNBCStarbucks going all-in on cryptocurrency is “the biggest news of the year for bitcoin” — because it paves the way for a bitcoin ETF, according to BK Capital Management founder Brian Kelly. Starbucks, the Intercontinental Exchange (ICE), Microsoft and …Bitcoin Price […]

What Is GoChain Cryptocurrency?

“A moment comes, which comes but rarely in history, when we step out from the old to the new,” said Jawaharlal Nehru. To borrow another famous line, the digital revolution has been “one giant leap for mankind”. The interconnectivity of the whole planet presents a unique opportunity married with a daunting scalability problem. Cryptocurrencies are continually transforming […]