Month: November 2016

Headlines Bitcoin Price Watch; Let’s Have a Bit Of FunSo that’s another day done in the bitcoin price markets (at least out of Europe) and there’s been plenty of action during today’s session that we can look at, and use for tonight’s late US trading. Instead of rambling on like we normally do in this […]

Headlines Bitfury Paper Makes Case For Auditability As Blockchain’s Defining FeatureWhat makes a blockchain a blockchain? P2P Bitcoin Trading Volumes in India Shatter All-Time HighsInterest in bitcoin among Indians has never been higher, as new and old adopters continue to drive bitcoin trades to soaring highs – despite the cryptocurrency’s premium prices driven by demand […]

Headlines Ethxbt Sitting on SupportI am faced with a conundrum tonight.  You see, the ethxbt 8-hour chart is now sitting on 5th arc support.  This is typically very strong support.  Of course, in this business one learns to “never say never”.  The support could fail.  But it would be foolish, imho, to bet against that […]

Headlines What Investors Should Know Before Trading ZcashThinking of investing in Zcash? Here’s what you need to know about the new, privacy-focused digital currency. Bitcoin Deserves to Be Watched AgainIt has been several days since we looked at Bitcoin.  I expected it would be range-bound for several days, and so it has.  But it seems […]

Headlines Ledger Launches Hardware Wallet for the Smart Contract EraLedger, the maker of the Nano USB hardware wallet, has announced a new high-end product aimed at enterprise users and savvy consumers. China Losing Control of Yuan Depreciation ahead of Trump PresidencyChina has tried to depreciate the yuan in a controlled manner, but, increasingly, this is […]

Headlines Banking Blockchains Without Native Digital Assets are “Nonsense”, says Italian Tech ProfessorFerdinando Ametrano, a professor at Politecnico di Milano, Italy’s largest tech university, recently criticized the blockchain hype revolving around banks in an interview at the Blockchain Money conference, describing the efforts of banks and financial institutions in creating a blockchain without a native […]

Headlines Bitcoin Price Watch; Thanksgiving VolatilityTo all our American readers, let’s kick things off with a Happy Thanksgiving! I’m guessing volume is probably going to be down a little bit throughout the session today, with the major financials markets shut down across the US, and the early finish tomorrow on the stocks exchanges, but that […]

Headlines Report: London is Still the Global Hub for FinTech; Singapore and New York FollowA new report has found that London is still leading the way as the global hub for the FinTech sector, which saw 2015 investments in the industry amounting to $19 billion. The report from Deloitte and All Street Research [PDF] looked at […]

Headlines Why Remittance Giant MoneyGram Won’t Be First With BlockchainMoneyGram still doesn’t think bitcoin will impact its business – but it sees blockchain-powered banks as a potential way for it to cut costs. Ethereum Chart Issues Several Buy SignalsEthereum is, imho, the play of the day.  We have finally gotten a likely close on the […]

Headlines Bitcoin Price Watch; Here’s What’s On This EveningSo that’s Monday done, at least out of Europe, and it’s time to set up against the US afternoon and – beyond that – in to the Asian session later tonight. In this morning’s analysis, we noted that it looked as though price was winding up for […]

Headlines Blockchain Holds Strong as Fintech Venture Funding Dips In Q3; Rebound ExpectedBlockchain technology continues to command a fair share of venture funding for fintech, one of the hottest venture capital (VC) targets worldwide. While the number of deals and the total value of fintech VC investment ebbed in Q3 2016, activity is expected to rebound […]

Headlines Encrypted Services Exec: Bitcoin’s Price History Follows Gartner’s ‘Hype Cycle’Bitcoin’s price history has followed Gartner Inc.’s “Hype Cycle” model, a branded geographical presentation of a 5-step process by the well-respected computer research firm, noted Zafar Khan, CEO of RPost, a provider of electronic communications, in a recent blog. This gives some legitimacy to the […]

Headlines Bitcoin Price Strikes $750, Continues its Good WeekWhile it came close to the milestone yesterday, bitcoin price struck $750 in a continuing rally that has seen the cryptocurrency make increasing gains this week. The figure is among the highs scaled by the cryptocurrency this year. Today’s trading peak of $750 on the Bitstamp Price […]

Headlines Bitcoin Price Analysis for 11/17/2016 – Yearly Highs in Sight!Bitcoin price is setting its sights on the yearly highs at $780 as bulls continue to gain traction. ViaBTC Sparks Bitcoin Scaling Debate in Reddit AMAThe head of a Chinese mining pool backing an alternative bitcoin implementation completed a Reddit AMA earlier today. Bitcoin Price […]

Headlines IBM Blockchain Helps FinTech Startup KYCK! Address KYC ChallengeIBM Bluemix Garage has unveiled that Singapore FinTech startup KYCK! is to use its blockchain in a project to fast-track the know-your-customer (KYC) on-boarding process in financial organizations, according to a report from Yahoo!. It is hoped that by using the blockchain technology banks will be […]

Headlines Blockchain Credit Card Trial Puts New Twist on Retail PaymentsCupcakes on the blockchain? Not quite, but a new blockchain trial showcased how the tech could play a role in consumer payments. Gemini Exchange Fails to Achieve High Trading RatesThe Gemini Exchange in New York has taken a rocky path over the years. Thus far, […]

Headlines Why the Blockchain Hackathon Economy is BoomingEven larger blockchain startups are making the effort to get involved in hackathons. The reason? It’s good for business, sources say. Bitcoin’s Calm before a Storm?The Bitcoin market is relatively unchanged from yesterday.  A bit higher but nothing remarkable.  Here is the 8-hour chart we looked at yesterday: […]

Headlines Bitcoin Price Weekly Analysis – BTC/USD To Correct Lower?Key Points Bitcoin price after trading as high as $758 started correcting lower against the US Dollar. Recently, there was a break below a bullish trend line formed on the 4-hours chart (data feed from SimpleFX) of BTC/USD. The price is also below the 100 simple […]

Headlines Ethereum Blockchain Apps Might Ensure Freelancers Get Paid“One of the challenges of being a freelancer is the amount you can get paid is strictly limited to the time you got, the time you put in,” says Colony founder Jack du Rose, speaking to CCN. “So, if you go on holiday or break an arm, […]

Headlines Bitcoin Startup Blockstream Seeking Patent for Sidechains DesignThe US Patent and Trademark Office (USTPO) has published a patent application submitted by bitcoin startup Blockstream for its work on sidechains. Bitcoin Price Analysis for 11/11/2016 – Resistance Turned SupportBitcoin price pulled back from its recent rally and is finding support at a former resistance level. […]

Headlines How Two New Sidechains Proposals Could Change Bitcoin’s DNAWork on bitcoin sidechains – long thought to be one of the best ways to improve the functionality of the network – is advancing. Here’s how. Russia’s Central Securities Depository Tests Blockchain Assets ExchangeRussia’s national central securities depository (CSD) is working with a tech startup to test […]

Headlines Is a Financial Scam Making its Way into Zimbabwe?Are Zimbabwe bond notes a scam? According to Ken Yamamoto, the latest form of currency to strike Africa’s borders is nothing more than a corrupt scheme; a frivolous attempt to steal funds from impoverished families and place them in greedy pairs of government hands. Yamamoto writes: […]

Headlines Inspector General: IRS Needs to Overhaul Bitcoin Tax StrategyThe US Internal Revenue Service needs to overhaul its strategy for bitcoin, an agency watchdog warned in a report published today. Gemini Expands Bitcoin and Ether Exchange to New Asian MarketsDigital currency exchange Gemini announced yesterday that it is opening its services to traders in South […]

Headlines Overstock Invests in Blockchain Voting Startup SettleMintE-tail giant Overstock has invested in a Belgium-based blockchain startup. BTC Price Tech Analysis for 11/07/2016 – Watch Out for the Wedge!Bitcoin price is consolidating in a rising wedge pattern and the direction of its breakout could set the tone for long-term movement. Price Analysis: A Look at […]

Headlines Bitcoin and Gann’s Square of NineI realize that this column is meant to be focused on price analysis of the major cryptocurrencies, rather than on trading in general.  But it is difficult to write a new article every day, particularly when not much has changed in the charts in the last 24 hours! That […]

Headlines Bitcoin’s Price Flirts With $750 as Zcash Fervor FadesIt was a volatile week for the digital currency markets, with bitcoin proving erratic and Zcash seeing the excitement following its launch subside. A Strange High: Two Days at Denver’s Crypto-Cannabis ConferenceDenver’s Crypto-Cannabis Conference wants a marriage between the cryptocurrency and cannabis industry, but is the […]

Headlines Overstock Secures New Partnership For Blockchain Stock SaleE-commerce giant Overstock’s blockchain stock offering is set to begin later this month. FSB Is Confident Fintech Will Not Disrupt Traditional FinanceOver the past few years, many people have wondered how Fintech will impact the economic ecosystem. Some people feel there will be a major shake-up, whereas […]

Headlines EU Legislators Advance Plan to Fund Blockchain ResearchThe European Union is moving closer to establishing a dedicated task force focused on digital currencies. Dark Web Cybercriminals Are Selling Counterfeit Train Tickets to Make CashAn investigation has found that cybercriminals are turning to train tickets to make a profit from commuters searching for cheap tickets […]

Headlines BitLicense Critic Wages One-Man WarOne bitcoin entrepreneur isn’t going down without a fight, following the promulgation of the BitLicense regulation and his company’s subsequent failure. Bitcoin Price Technical Analysis for 11/02/2016 – Buying on the DipsBitcoin price is in for another dip to the ascending trend line support, offering an opportunity to buy on […]

Headlines The Govt. Realized Bitcoin Could Not Be Shut down, Says U.S. Federal Prosecutor”There’s simply no way.” Is Zcash Giving Investors Mixed Signals?Zcash has been giving investors some relatively mixed signals, making crypto-enthusiasts a little unsure of where they stand. Following the digital currency’s recent launch, trading on Poloniex shot to explosive records, and the […]