Bitcoin

Bitcoin Price Puts Bull Move on Hold as Downside Risks Grow

6 days ago admin2 0
Bitcoin (BTC) traded largely sideways over the last 24 hours, though a dip soon before press time may threaten a developing bullish chart pattern if the price moves below $6,000. BTC’s drop below 10-day moving average (MA) on Tuesday neutralized the immediate bullish outlook and shifted risk in favor of a sell-off to $6,000. However, Read More

Australia: Crypto Exchange Bitcoin.Com.Au Appoints Ex-Exec of Accounting Giant PwC as CEO

6 days ago admin2 0
Australian cryptocurrency exchange bitcoin.com.au has appointed former consulting giant PricewaterhouseCoopers (PwC) executive Ben Ingram as its new CEO, Business Insider Australia reports today, July 12. Ingram held the role of director in charge of digital strategy at Big Four auditor PwC, leaving the company in March of this year. Business Insider Australia writes that Ingram’s Read More

100 Merchants Can Now Trial Bitcoin’s Lightning Network Risk Free

1 week ago admin2 0
A few lucky merchants now have one less obstacle to accepting bitcoin payments via the Lightning Network. Revealed exclusively to CoinDesk, payment processing startup CoinGate is opening up a pilot program that will allow 100 merchants to trial a Lightning-enabled version of its service, one which taps into the open-source tech meant to make bitcoin Read More

New China Internet Report Explores State of Blockchain Industry

1 week ago admin2 0
Image by AlekseyIvanov via Shutterstock.com China wants to be a frontrunner in blockchain technology with local governments ramping up blockchain projects, and yet, the government still maintains a strict stance on cryptocurrencies, highlights a new report by Abacus, 500 Startups, and the South China Morning Post. Local governments of Shanghai, Shanxi, Henan, Guangzhou, Guiyang and Read More

$7K Back in Play? Price Indicators Shift In Bitcoin Rally’s Favor

1 week ago admin2 0
It may not have been the asset’s biggest rally, but it’s hard to say bitcoin isn’t building on gains. Since hitting an annual low of $5,785 in June, bitcoin has increased roughly 15 percent against the U.S. dollar, and technical indicators suggest the cryptocurrency might not be calling it quits just yet. That said, you’d Read More

Crypto Markets Seeing Red, Total Market Cap Down Almost $15 Bln

1 week ago admin2 0
Monday, July 9: crypto markets are mainly seeing red today, with total market capitalization down almost $15 billion from yesterday’s high, according to data from Coinmarketcap. Market visualization from Coin360 Bitcoin (BTC) is down 1.49 percent over the 24 hour period, trading at $6,672 at press time, according to the Cointelegraph price index. Bitcoin price Read More

Policy Easing, New Crypto Classification in South Korea

1 week ago admin2 0
Regulation South Korea has been busy revising its cryptocurrency regulations. The regulators plan to ease the rules on crypto assets in line with G20 policies. While a new crypto classification system has been created, another government agency is conducting an on-site inspection of crypto exchanges following multiple hacks. In addition, the Bank of Korea has Read More

Bitcoin’s Price Declines Over Q2 for First Time on Record

1 week ago admin2 0
In the case of bitcoin’s Q2 price movements, it turns out history didn’t repeat. As the three-month period came to a close this week, the final figures indicate bitcoin fell 8 percent according to CoinDesk’s Bitcoin Price Index (BPI), snapping a 7-year win streak for the market’s leading cryptocurrency. As seen in the table below, bitcoin Read More

Crypto Markets Hold Weekly Gains Amidst Little Action

2 weeks ago admin2 0
Saturday, July 7: there is little action on the crypto markets today, with most coins either up or down by small percentages over the last 24 hours, according to Coinmarketcap. The total market capitalization is up by a little under $1 billion since the same time yesterday. Market visualization from Coin360 Bitcoin (BTC) is hovering Read More

Op-ed: Why Altcoins Can’t Use Marketing Budgets to Overtake Bitcoin

2 weeks ago admin2 0
While Bitcoin was simply unleashed upon the world by Satoshi Nakamoto in early 2009, other cryptocurrency projects have had the benefit of raising funds through crowdfunding campaigns before the projects have even launched. Additionally, some projects use part of the block reward to pay for things like development and marketing. It is thought that these Read More