Bitcoin’s Defense of $6K Raises Odds of Relief Rally

4 hours ago admin2 0
Bitcoin (BTC) is again trading above $6,000 and looking up, but today’s closing price will likely set the tone for the rest of the week. The leading cryptocurrency fell to $5,755 at 15:00 UTC on Sunday – the lowest level since Nov. 12 – only to make a quick recovery back above $6,000 an hour Read More

Bitcoin and Mnemonics: The Art of the Secret Phrase

6 hours ago admin2 0
Technology & Security As more new people adopt cryptocurrencies, lots of newbies are creating mnemonic recovery phrases in order to make sure their digital assets are kept secure. It is very important to understand how your private keys are stored just in case there is an issue with your wallet client or device that holds Read More

Crypto Trading 101: A Beginner’s Guide to Candlesticks

22 hours ago admin2 0
That kid you know who’s now driving a Lambo because he traded something called dogecoin? He has more in common with Japanese rice traders from the 1700s than you might think. Besides the ability to brag about their newfound riches, both traders likely analyzed price action and investor emotions by using the candlestick charting style. Read More

The Bitcoin-Culture Invasion: T-Shirts, Hats, Candles, Mugs, and More

2 days ago admin2 0
Emerging Markets Over the past year and a half bitcoin and cryptocurrencies have caused a serious hype that’s stretched a bit into the mainstream. These days people hear about digital currencies more often and one reason is due to all the fantastic crypto-infused products that have invaded pop culture. Cryptocurrency clothing, knitted sweaters, socks, coffee Read More

Bitcoin Price Drops to Within $100 of 2018 Low

2 days ago admin2 0
The price of bitcoin fell to its lowest point since February today. As of press time, the leading cryptocurrency’s price went as low as $6,063, according to CoinDesk’s Bitcoin Price Index (BPI), a significant drop considering the day’s opening price of $6,717.20. The near-$700 decline (which saw prices decline roughly 10 percent) effectively brought bitcoin to Read More

Analyst Predicts Bitcoin Price Rebound Above $10,000 by 2019

2 days ago admin2 0
Todd Gordon, founder of predicted Bitcoin (BTC) to drop to $4,000 prior to a rebound above $10,000 by 2019 on CNBC’s Stock Draft June 22. Gordon suggested that BTC will drop below $5,000, subsequently hitting $10,000 by the end of the year, citing significant market volatility to be the main reason. When asked to Read More

Irish Bitcoin Broker Claims Country’s Banks Are Closing Crypto-Related Accounts

3 days ago admin2 0
The co-founder of Irish Bitcoin (BTC) broker Eircoin accused the Banking and Payments Federation of Ireland (BPFI) of discriminating against crypto-related accounts, The Irish Times reports June 21. Dave Fleming blamed the BPFI for, “seeking to muddy the waters with insinuations of dirty money.” Eircoin, which is reportedly “Ireland’s only Bitcoin broker,” was closed in Read More

Korean Government Launches Investigation into Crypto Hacks

3 days ago admin2 0
Regulation Following the alleged hacks of South Korean crypto exchanges, the government has formally launched an investigation into the cause of the hacks. The authorities will also perform security checks on all crypto exchanges’ systems. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Government’s Response The South Korean government announced on Wednesday, June 20, that Read More

AI Startup CloudSight Announces Support for Bitcoin Lightning Network Payments

4 days ago admin2 0
CloudSight, a Los Angeles-based technology startup that specializes in image captioning and understanding, will use the Bitcoin Lightning Network for microtransactions to gather and share visual knowledge and allow artificial intelligence (AI) systems to learn from and communicate with each other, the company said on Thursday. By supporting Bitcoin Lightning, CloudSight said it will be Read More