The virtual currency bitcoin is as speculative as it gets. The digital currency either moves up way too fast or crashes like a jet out of fuel. When it’s doing nothing of these two, it bores the market participants to death! Currently, it is crashing after the market signaled a reversal yesterday. Source: TradingView Bitcoin is […]
Tag: Bitcoin
Bitcoin Exchange Coinbase Renames to GDAX
San Francisco-based bitcoin exchange Coinbase Exchange has announced that it will now operate under a new brand GDAX (Global Digital Asset Exchange). GDAX will facilitate trading of BTC/USD, BTC/CAD, BTC/EUR, BTC/GBP, ETH/BTC, and ETH/USD. The reason for renaming Coinbase Exchange to GDAX while keeping the Coinbase wallet platform intact is to better highlight the difference […]
India’s Leading Bitcoin Company Launches Merchant PoS App
Bangalore-based India’s leading Bitcoin company Unocoin has launched a merchant PoS (point-of-sale) app for increasing Bitcoin adoption in a nation which still feels more comfortable in using cash and debit cards. The app is intended to make it easier for stores, both online and physical, to accept Bitcoin in payments. The businesses have been flinching […]
Ether Can Now Be Traded On Bitcoin Exchange Gemini
According to a report, the New York State Department of Financial Services has approved the Gemini Trust Company, LLC to allow trading of the emerging cryptocurrency ether on its bitcoin exchange. Governor Andrew M. Cuomo said, “This action continues New York’s long tradition of pioneering new innovations and emerging industries. With robust regulatory oversight, we are […]
Gaming marketplace Kinguin.net enables Bitcoin payouts!
New York, April 28, 2016: Bitcoin has proven to be one of the most convenient payment methods in the world, attracting more and more people. The growing demand has made Kinguin to expand the Bitcoin payouts that it offers to the merchants. The Bitcoin payouts option allows Merchants to withdraw their funds smoothly and efficiently. […]
Microsoft & R3 to help adoption of blockchain in global banks
New York, April 8, 2016: Microsoft Corp. and the R3 Consortium have announced a strategic partnership that will accelerate the use of distributed ledger technologies, also known as blockchain, among R3 member banks and global financial markets. Distributed ledger technologies enable enterprises and business network participants to complete financial transactions with greater speed, security, cost-efficiency […]
Blockchain intelligence firm Elliptic raises $5 million Series A
New Delhi, March 21, 2016: Blockchain intelligence firm Elliptic today announced a $5 million Series A funding round led by Paladin Capital Group, with participation from Santander InnoVentures, KRW Schindler, Digital Currency Group, and existing investor, Octopus Ventures. Christopher Steed, Managing Director of Paladin Capital Group, will join Elliptic’s board of directors alongside Octopus Ventures, […]
Bitcoin Breaches First Resistance; More Gains to Follow?
Bitcoin, now trading at $434.67, has successfully breached the first resistance of $416, discussed earlier in Bitcoin Could Be Preparing For A Mega-Bull Rally. At the current level, Bitcoin is repeatedly testing the next overhead resistance beyond which lies a huge upside. The technical indicators are also becoming conducive for a bullish breakout. In this […]
Bitcoin Could Be Preparing For A Mega-Bull Rally
There is great news for bitcoin bulls. As IBM proves it’s serious about the bitcoin blockchain, the market is moving higher and improving the case for a breakout that may very well open the doors to huge upsides. In this article, we will discuss the latest technical indications using the daily BTC-USD price chart taken […]
European Commission to Clamp Down on Virtual Currency Transactions
Recently, ISIS threatened Britain with so savage a terror attack that it will ‘turn babies’ hair white.’ The threat was enough to send chills down the spines of anyone, and everyone. The European Commission has laid out an Action Plan for strengthening the fight against terrorist financing in its 15-page report a couple of days […]