Archive | btc

Bitflyer CEO Says Japan and Leverage Is Leading Bitcoin Markets Higher

Bitcoin’s value is higher than ever before, and the Japanese yen has been the top currency used within bitcoin’s global trade volume over the past year. According to the CEO of the Tokyo-based trading platform Bitflyer, Yuzo Kano, the current bull run is being bolstered by market movers utilizing leverage.    Also read: This App is […]

Bitcoin Price Weekly Analysis – BTC/USD Correction Underway

Key Points Bitcoin price after a nasty upside ride above the $17,000 level found sellers against the US Dollar. There is a key bullish trend line forming with support at $13,000 on the 4-hours chart of BTC/USD (data feed from SimpleFX). The pair is currently correcting lower and it might extend decline towards the $12,000 […]

Nicehash Mining Pool Allegedly Hacked — Accused of Losing 4449 BTC (US$60M)

According to reports circulating on the web, the mining pool Nicehash was hacked today for allegedly 4,449 BTC or US$60M at current prices. The Nicehash pool has confirmed the organization was breached but did not disclose how many bitcoins were stolen. Also read: Japan Increases Lead – Approves Another Four New Cryptocurrency Exchanges The Mining Pool […]

Surf Air Joins the Growing List of Private Airlines Accepting Bitcoin

These days bitcoiners can do a whole lot more with their ‘digital gold’ as there’s a broad range of merchants opting to accept bitcoin every day. Now this week one of the leading “All-You-Can Fly” air travel providers, Surf Air, has announced it is accepting bitcoin and ethereum for monthly memberships and charters. Also read: “Only […]

This Bulgarian Business School Offers Bitcoin Scholarships

This week the international business school, Varna University of Management (VUM), located in Bulgaria, has announced that ten applicants for the school’s software engineering bachelor’s program will earn bitcoin-based scholarships. Students will be able to choose to receive the scholarship fund for 1000 EUR in the equivalent amount of bitcoins. Also read: Despite Warnings China’s Over […]

Despite Warnings China’s Over the Counter Bitcoin Economy Is Booming

Bitcoin in China has deep roots as a vast majority of mining takes place in the region, and the country once accounted for the lion’s share of the world’s BTC trade volume. These days, however, renminbi and bitcoin volume coming from mainland exchanges is virtually non-existent, but there’s a whole lot more international and underground action […]

ETH/USD and ETH/BTC Technical Analysis December 4 2017

Hello and welcome to News BTC’s Market Outlook December. ETH/USD Ethereum had a very volatile session during the trading session on Friday, but eventually settled on going bullish. We broke to the $460 level, and have pulled back slightly on the hourly chart. However, I think it’s only a matter of time before we break above […]

BTC/USD and BTC/JPY Technical Analysis December 4 2017

Hello and welcome to News BTC’s Market Outlook December. BTC/USD Bitcoin rallied again during the trading session on Friday, reaching towards the $10,600 level but looks to pull back a little bit in this area. However, we have made a “higher high”, so I believe that this short-term pullback could be the next buying opportunity. Expect […]

Bitcoin Price Weekly Analysis – BTC/USD Sights More Upsides

Key Points Bitcoin price remains in a super bullish trend above $10,000 against the US Dollar. There are two bullish trend lines forming with supports at $10,300 and $9200 on the 4-hours chart of BTC/USD (data feed from SimpleFX). The pair is currently trading in a range above the $10,500 level and is preparing for […]

Trump and the Federal Reserve Are ‘Keeping an Eye on Bitcoin’

The U.S. government is very aware of cryptocurrencies and the rise of bitcoin. This week American authorities from multiple agencies such as the IRS, the Federal Reserve, and President Trump’s press secretary all explained they are monitoring cryptocurrencies and bitcoin’s recent popularity. Also read: It’s Official – CME Group to Launch Bitcoin Futures December 18 U.S. […]

It’s Official – CME Group to Launch Bitcoin Futures December 18

The largest options exchange worldwide, the Chicago Mercantile Exchange Group (CME), has announced its official Bitcoin futures contracts will launch on Monday, December 18, 2017. Also read: Nasdaq to Debut Bitcoin Futures by Mid 2018 CME Group Is Pleased to Bring Bitcoin Futures to the Market on December 18 On November 20 the firm CME Group published […]