Bitcoin News

Bitcoin Price Technical Analysis for 11/08/2017 – Back to Rally Mode?

9 months ago kakp2 Comments Off on Bitcoin Price Technical Analysis for 11/08/2017 – Back to Rally Mode?
Bitcoin Price Key Highlights Bitcoin price has previously broken below a short-term rising trend line to indicate a potential selloff. Price has bounced off the area of interest around $7000 as bulls were waiting to buy at that level. This could spur a retest of the broken short-term support and a continuation of the drop Read More

Bitcoin Cash Price Technical Analysis – BCH/USD Breaks Key Resistance

9 months ago kakp2 Comments Off on Bitcoin Cash Price Technical Analysis – BCH/USD Breaks Key Resistance
Key Points Bitcoin cash price is back in the bullish zone and is trading above $600 against the US Dollar. Yesterday’s highlighted connecting bearish trend line with resistance at $610 was broken on the hourly chart of BCH/USD (data feed from Kraken). The price might continue to move higher and trade towards the $640 and Read More

India’s Bitcoin Party to End Early?

9 months ago kakp2 Comments Off on India’s Bitcoin Party to End Early?
S. Ganesh Kumar, a director of the Reserve Bank of India, seems to have put an end to debate over cryptocurrency’s future in the country. Speaking on Monday, he said that virtual currencies would not be allowed for use as a means of payment or settlement in India. Although this is not an immediate ban, Read More

Ethereum Price Technical Analysis – ETH/USD Breaks Short-term Support

9 months ago kakp2 Comments Off on Ethereum Price Technical Analysis – ETH/USD Breaks Short-term Support
Key Highlights ETH price failed to remain above the $296 support area against the US Dollar and moved down. There was a break below yesterday’s contracting triangle with support at $296 on the hourly chart of ETH/USD (data feed via SimpleFX). The price found bids near $286 and is currently correcting higher towards $295. Ethereum Read More

Frederic Oudea Thinks Bitcoin Has No Future

9 months ago kakp2 Comments Off on Frederic Oudea Thinks Bitcoin Has No Future
The CEO of French financial services provider Societe Generale has said that its the anonymity of virtual currencies that will be their downfall. Speaking at the Web Summit conference in the Portuguese capital of Lisbon on Tuesday, Frederic Oudea said that the ease with which the likes of Bitcoin can be used to launder money, Read More

Bitspark Receives Investment From Fortune 500 Company

9 months ago admin2 Comments Off on Bitspark Receives Investment From Fortune 500 Company
Finance Hong Kong-based remittance platform Bitspark has announced that it has received investment as part of a partnership with Reinsurance Group of America, Inc (RGAx). RGAx is one of the world’s largest life reinsurance companies, and is on the Fortune 500 list. The two companies will work to provide insurance services underserved markets. Also Read: Remittance Read More

Two Popular Hardware Wallet Firms Reveal Segwit2x Fork Plans

9 months ago admin2 Comments Off on Two Popular Hardware Wallet Firms Reveal Segwit2x Fork Plans
News This week two well-known bitcoin hardware wallet manufacturers, Satoshi Labs (Trezor) and Ledger Wallet, revealed their contingency plans for the pending Segwit2x fork that may take place in nine days. Both companies explain they will support both chains and tethered tokens if there is a split and provide a tool for the splitting process. Read More

As Bitcoin Reaches New Price Highs, Network Congestion and Fees Spike

9 months ago admin2 Comments Off on As Bitcoin Reaches New Price Highs, Network Congestion and Fees Spike
Technology Bitcoin markets have been on a tear lately, and the price has spiked quite a bit last month and into November. However, as bitcoin’s value surpassed $7K per BTC, transaction bottleneck and miner fees have risen again, causing users to complain about unconfirmed transactions and paying $5-10 per transaction. Also read: Ethereum Wallet Parity Hit Read More

Bitcoin Price Watch; Here’s What We Are Looking At Tonight

9 months ago kakp2 Comments Off on Bitcoin Price Watch; Here’s What We Are Looking At Tonight
That’s another day complete in our bitcoin price trading efforts and – once again – we’ve had a pretty volatile day as far as price is concerned. Things are moving at pace now based on a variety of fundamental inputs and – as more and more of these inputs become relevant – expectations are that Read More

Ethereum Wallet Parity Hit by Second Critical Vulnerability – $150+ Million Frozen

9 months ago admin2 Comments Off on Ethereum Wallet Parity Hit by Second Critical Vulnerability – $150+ Million Frozen
Security Makers of the Parity multi-sig Ethereum wallet have announced a critical vulnerability that has led to millions of dollars of funds being frozen. It is the second flaw to be discovered following the original Parity breach in July that led to $30 million of ether being stolen. Also read: Ethereum’s Parity Users Lose Millions Read More