Monday, September 24Your Daily Bitcoin & Altcoin News Portal

Author: Wealthy Miner

Why the ‘Worst’ Crypto Networks Will Be The Biggest

Why the ‘Worst’ Crypto Networks Will Be The Biggest

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. Why the 'Worst' Crypto Networks Will Be The Biggest Taylor Pearson is the author of "The End of Jobs" and writes about entrepreneurship and blockchain technologies at TaylorPearson.me. Though crypto networks are often compared to private firms, a better analogy is to compare them to cities. Like a city, a crypto network is a community of loosely affiliated individuals who agree on a set of rules for how they live and work - laws for cities, protocols for crypto networks. Unlike firms, cities and crypto networks are organized from the bottom up rather than the top down. Individual leaders matter more for firms than cities. Who the CEO of a firm is plays a major role in an investment decision, whereas who the mayor of a city is pl...
Ripple Price Technical Analysis – XRP/USD Consolidating Above $0.75

Ripple Price Technical Analysis – XRP/USD Consolidating Above $0.75

PRICE ANALYSIS
Please share if you find this article interesting. Ripple Price Technical Analysis – XRP/USD Consolidating Above $0.75 Key Highlights Ripple price formed a nice support around $0.7400 and moved a few points higher against the US dollar. There is a major connecting bearish trend line forming with resistance at $0.8300 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair must break $0.8300 and $0.8400 resistance for further upsides in the near term. Ripple price is slowly gaining pace against the US Dollar and Bitcoin. XRP/USD must break the $0.8400 hurdle to set the pace for more gains. Ripple Price Resistance After a major decline, there was a strong buying interest noted near $0.7400 in Ripple price against the US Dollar. The price formed a low near $0.745
Altcoin Daily Technical Analysis: NEO, EOS, LTC, Monero and Lumens

Altcoin Daily Technical Analysis: NEO, EOS, LTC, Monero and Lumens

PRICE ANALYSIS
Please share if you find this article interesting. Altcoin Daily Technical Analysis: NEO, EOS, LTC, Monero and Lumens Most altcoins didn’t recover immediately as expected and even though most are, we shall remain neutral until after there is confirmation of our previous forecast. That might happen today and I’m particularly checking out Monero, NEO and Lumens which are reacting at key support lines. Lumens and LTC for example have been moving horizontally along $0.30 and $180 respectively for the past 3 days or so and this makes it possible that a break out might happen in the coming sessions. This is why I will be watching these two coins today. Let’s have a look at these charts: XLM/USD (Lumens) XLM/USD Bittrex Daily Chart for March 12, 2018 The momentum on March 10 didn’t prov
Bitcoin Cash Price Technical Analysis – BCH/USD to Trade Higher

Bitcoin Cash Price Technical Analysis – BCH/USD to Trade Higher

PRICE ANALYSIS
Please share if you find this article interesting. Bitcoin Cash Price Technical Analysis – BCH/USD to Trade Higher Key Points Bitcoin cash price is recovering and is currently trading above $1,100 against the US Dollar. There was a break above a major contracting triangle with resistance at $1,040 on the hourly chart of BCH/USD (data feed from Kraken). The pair is now trading comfortably above the $1,100 level and the 100 hourly simple moving average. Bitcoin cash price has moved in the positive zone against the US Dollar. BCH/USD may continue to gain momentum above the $1,150 level in the near term. Bitcoin Cash Price Support There was a decent recovery initiated from the $960 support area in bitcoin cash price against the US Dollar. The price traded higher and moved above the $
Bitcoin Price Technical Analysis for 03/12/2018 – Bulls Won’t Give Up!

Bitcoin Price Technical Analysis for 03/12/2018 – Bulls Won’t Give Up!

PRICE ANALYSIS
Please share if you find this article interesting. Bitcoin Price Technical Analysis for 03/12/2018 – Bulls Won’t Give Up! Bitcoin Price Key Highlights Bitcoin price looks ready to resume its climb as a double bottom pattern formed on its 1-hour time frame. Price has broken past the pattern’s neckline to signal a pickup in buying pressure. However, technical indicators are suggesting that the selloff could still resume. Bitcoin price formed a short-term double bottom pattern and broke past the neckline to reflect a pickup in bullish pressure. Technical Indicators Signals The 100 SMA is below the longer-term 200 SMA on this time frame to signal that the path of least resistance is to the downside. In other words, the selloff is still more likely to resume than to reverse. However,
Making Sense of Crypto Asset Valuation Insanity

Making Sense of Crypto Asset Valuation Insanity

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. Making Sense of Crypto Asset Valuation Insanity Brendan Bernstein is a founding member of Tetras Capital Partners, LLC, an investment manager focused on investing in cryptocurrencies and blockchain assets. Cryptocurrency investors are blind to the most important factor of any investment - valuation. Merely uttering the word "blockchain" has been a hypnotic weapon, sending investors into a trance where they clamor to buy at any price. Tea cup from Get Out: The process of sending blockchain investors into hypnosis. Raiblocks investors in "the sunken place." This isn't the first time growth investors have gone wild. Technological innovation typically turns investors into emotional basket cases. Today, a blockchain protocol with a...
How to Decentralize Travel Monopolies, Explained

How to Decentralize Travel Monopolies, Explained

BITCOIN
Please share if you find this article interesting. How to Decentralize Travel Monopolies, Explained Who are the travel monopolies? Travel monopolies include the likes of Airbnb.com, Expedia, and Booking.com. These are platforms that may have been considered “decentralized” in the past, but a further look sees that they are far from it. Before online booking, brick and mortar travel agencies were the most popular way to book flights and accommodations. Big hotel companies had the advantage to plug complete monopolies over particular travel agencies, adding large percentages of commission for the middlemen who would book everything. Online platforms like Expedia.com and Booking.com aren’t much different, but they offer a few more options and have tightened up the ship. Then cam
Binance Offers $250,000 Bounty For Arrest of Hackers

Binance Offers $250,000 Bounty For Arrest of Hackers

BITCOIN
Please share if you find this article interesting. Binance Offers $250,000 Bounty For Arrest of Hackers The Binance cryptocurrency exchange is offering a $250,000 equivalent bounty on the arrest of the hackers involved in the March 7th incident, Binance stated in an announcement March 11. According to the announcement, the first person to supply the information that results in a legal arrest, in any jurisdiction, will receive the bounty in Binance Coin (BNB), which is traded and used on the Binance exchange. If there are multiple sources of information that lead to the final arrests, the bounty may be split between sources. In the statement, Binance stresses the importance of an concerted effort to address crime and unethical behavior in the crypto community: “To ensure a safe c
Cryptocurrency and Equity Markets: Weekly Performance Review

Cryptocurrency and Equity Markets: Weekly Performance Review

BITCOIN
Please share if you find this article interesting. Cryptocurrency and Equity Markets: Weekly Performance Review The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Last week, the relatively low volatility in the cryptocurrency market came to an end. Just about all cryptocurrencies dumped together with sharp declines, triggering renewed fear among traders and investors. As always, a bottom - at least temporarily - was eventually found, leading to bounces across the board. On the other hand, global equity markets were relatively stable and most...
Finnish Crypto Exchange Risks Collapse As Banks Refuse To Do Business

Finnish Crypto Exchange Risks Collapse As Banks Refuse To Do Business

BITCOIN
Please share if you find this article interesting. Finnish Crypto Exchange Risks Collapse As Banks Refuse To Do Business Finnish cryptocurrency exchange and crypto wallet services provider Prasos Oy is one step from being “frozen”, as most Finnish banks will no longer conduct business with them, Bloomberg reports March 9. Founded in 2012, Prasos has seen a ten-fold spike of transaction volumes reaching $185 mln in 2017, which became a subject of concern among the banks. Finnish banks do not have a codified set of regulations surrounding cryptocurrencies and the anonymous nature of cryptocurrency transactions could potentially run afoul of current Finnish anti-money laundering laws (AML). As a result, four banks; S-Bank, the OP Group, Saastopankki, and Nordea Bank AB closed Prasos