Please share if you find this article interesting. Bitcoin Cash Price Weekly Analysis: BCH/USD Holding Key Support at $540 Key PointsBitcoin cash price recovered and moved above the $520 and $540 resistance levels against the US Dollar.There is a major contracting triangle forming with support near $545 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).The pair has to stay above the $545 and $540 support levels to remain in an uptrend in the near term.Bitcoin cash price failed to settle above $600 and declined against the US Dollar. BCH/USD is currently testing an important support area near $540.Bitcoin Cash Price SupportAfter a major decline, bitcoin cash price found support near the $465 level against the US Dollar. The BCH/USD pair started a recovery and moved ...
Please share if you find this article interesting. Korea Roundup: Mongolian Government Visits Bithumb, New BTM, Hardware Wallet - Bitcoin News News In South Korea, Bithumb was visited by officials of the Mongolian government. Upbit is offering free training leading up to its developer conference. A public company has unveiled a hardware wallet as it enters the crypto space. Meanwhile, hacked crypto exchange Coinrail has launched an international service for non-Korean customers, and a US bitcoin ATM operator plans to enter the Korean market. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Mongolian Government Officials Visit Bithumb Senior officials of the Mongolian government visited Bithumb’s headquarters on August 16, local media reported. They were trying
Please share if you find this article interesting. Venezuelans to Be Paid at Least Half a Petro a Month - Bitcoin News Economy & Regulation Announcing a 60-fold increase of the minimum monthly salary, President Maduro promised Venezuelans they will be paid at least 0.5 petro, once his monetary reforms are in place next week. The national crypto will be exchanged at a rate of $60 USD and the new “sovereign bolivar” will be pegged to the digital coin. Also read: This Fall May Bring More Crypto-Friendly Jurisdictions 1 Petro = 60 Dollars = 1 Barrel Nicolás Maduro Venezuelan president Nicolás Maduro revealed the fixed price of the country’s cryptocurrency, the petro, and a new minimum wage as part of a package of measures aimed at improving the socio-economic conditions in th
Please share if you find this article interesting. ETN vs. ETF: Which Is the Investor’s Dream? There has been a big push for investors to be able to buy Bitcoin without actually having to buy the digital currency. Products — such as futures — have entered the market and upon their arrival in early December last year, Bitcoin rallied toward $20,000. However, the biggest prize on offer for investors — mainly of the institutionalised variety, who are still skeptical about owning Bitcoin — is an exchange-traded fund (ETF). There has been a push, through the SEC, to try and get a Bitcoin ETF in place for some time now, starting with the Winklevoss twins’ first attempt in March 2017. Meanwhile, a product, called Bitcoin Tracker One, which has been trading on the Nasdaq Stockholm exchan
Please share if you find this article interesting. Markets Update: Crypto Prices Consolidate After Failing to Surpass Resistance - Bitcoin News Market Updates Cryptocurrency prices have seen some recovery after our last markets update four days ago when a large majority of digital assets lost quite a bit of value. Since then, and more so over the last 48 hours, the entire crypto-economy capitalization ($216B) has gained roughly $20B. The action yesterday was more bullish as most of the top digital assets were up between 6-20 percent but have since lost some of those gains during this weekend’s trading sessions. Also read: Testing the Newly Transformed Non-Custodial Coinbase Wallet Up Moves, Down Moves, and Eight Months of Corrections Last week was pretty bad for most of the
Please share if you find this article interesting. Crypto Markets See Slight Slump, Ethereum Fails to Hold $300 Support Saturday, August 18: crypto markets have seen another slump today, with some coins wavering following weekly gains, according to data from Coinmarketcap. Total market cap has dipped as low as $210 billion at press time. Market visualization from Coin360 Bitcoin (BTC) is down 1.79 percent over the past 24 hours, trading at $6,396 at press time. With that, the top cryptocurrency has seen an intraday high of $6,562. The coin has lost around 13 percent over the past 30 days, while holding its weekly gains, according to Coinmarketcap. Bitcoin 30 days price chart. Source: Cointelegraph Bitcoin Price Index Ethereum (ETH) has failed to hold $300 support, trading at $2...
Please share if you find this article interesting. Testing the Newly Transformed Non-Custodial Coinbase Wallet - Bitcoin News Wallets A while back, the San Francisco-based exchange Coinbase announced the launch of an ethereum-based wallet called Toshi. The application was a private and secure messaging platform tethered to a non-custodial ETH wallet. Now Coinbase has decided to revamp the application and Toshi will become the ‘Coinbase Wallet’ which will not only offer ETH and it’s token derivatives but soon it will also hold BCH, LTC, and BTC. Also read: The Daily: Husbands Blackmailed for Bitcoin, Blockchain This and That Toshi Platform Changes to Coinbase Wallet Next time someone tells you Coinbase is “not a wallet” you can tell them that the San Francisco firm does offer
Please share if you find this article interesting. Uber's Largest Shareholder Softbank Denies Deal With Bitmain, Other Investments Uncertain An official from Softbank has denied their involvement in the investment deal with Bitcoin (BTC) mining behemoth Bitmain that was reported last week by both crypto and mainstream media sources. As previously reported, Bitmain had allegedly sealed a pre-Initial Public Offering (IPO) financing deal which had brought its valuation to $15 billion. Both Chinese tech conglomerate Tencent and Japan’s SoftBank — another tech giant whose 15 percent stake in Uber makes it the drive-hailing app’s largest shareholder — were purportedly involved. After receiving an anonymous tip that Tencent and Softbank were not actually involved in any deal with Bitmai
Please share if you find this article interesting. Korean Government: 11 out of 21 Crypto Exchanges Complete Security Measures - Bitcoin News Security The South Korean government has announced the outcome of its inspection of 21 cryptocurrency exchanges. While a number of exchanges have completed implementing both short-term and wallet management measures, many security vulnerabilities remain at most exchanges. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space 21 Exchanges Inspected South Korea’s government has announced the result of its mid-term review of 21 cryptocurrency exchanges. The inspection was conducted in June and July by the Korea Internet and Security Agency (KISA) and the Korean Ministry of Science and Technology. KISA security experts visited ea
Please share if you find this article interesting. Porn Website Tube8 to Launch Blockchain Platform, Reward Views With Crypto Tokens Porn website Tube8 has revealed plans to create a blockchain-based platform for users to earn crypto tokens as they watch and interact with Tube8 videos, according to Hard Fork, August 17. The adult entertainment streaming site and subsidiary of Pornhub announced a partnership with Vice Industry Token (VIT), which will develop a tokenize platform for Tube8’s 10 million users and 150 million monthly website visits. The new system will reportedly be implemented by the end of the year. As Robin Turner, the spokesperson for Tube8, told Hard Fork, the platform will gives users the chance to “get paid to consume our free content,” rather than users “havin