Please share if you find this article interesting. Bitcoin Spin-Offs Caught in a Bull-Bear Tug Of War Bitcoin's recently forked spin-offs bitcoin cash (BCH) and bitcoin gold (BCG) are caught up in a tug of war between the bulls and bears right now. However, price analysis suggests that both struggles might soon be resolved one way or another. As of writing, bitcoin cash is at $1,522.60. As per CoinMarketCap, the cryptocurrency has depreciated by 5.9 percent in the last 24 hours. BCH peeped above $1,600 levels yesterday, possibly due to comments from CBOE president Chris Concannon that bitcoin cash could get its own derivatives market soon. However, a general pullback across the cryptocurrency market seems to have pushed BCH back below $1,500 levels. Bitcoin cash The above chart...
Please share if you find this article interesting. Crackdown On Bitcoin In UK Over Money Laundering, Tax Evasion The UK Treasury has announced plans to regulate Bitcoin and other cryptocurrencies in line with EU regulations. Go to Source Author: CoinTelegraph By Jon Buck Found this article interesting? Kindly share it on Social Media.
Please share if you find this article interesting. Putin On The Naughty List? Russian Santa to Issue Cryptocurrency Putin may be in a touch of trouble this Christmas, with the announcement that Ded Moroz (the Russian version of Santa Claus) is considering issuing his own cryptocurrency. The Russian government's position on cryptocurrencies is famously dubious, and if the Russian Santa is on board, there may be a collision coming. On his tour around Russian cities visiting the underprivileged and children’s hospitals, the character (who resides at a theme park in Velikiy Ustyug), Ded Moroz made it clear that he likes to keep up with the times. In an interview he said: "I live for a very long time and do not remember how old I am, but I want to keep up with the times. Now the worl
Please share if you find this article interesting. NY Assemblyman Files Four Blockchain Technology Bills New York Assemblyman Clyde Vanel (D-33) has filed four proposed laws that aim to promote research on the concrete possible applications of Blockchain technology by the state government. The bills will create a legal language for the technology under state law and advance studies around its possible uses for local and state elections, including the verification of voter tallies. Brief details of the bills The first bill filed by Vanel will amend the state’s technology law to include sections that will provide definitions of the terms “Blockchain technology” and “smart contract,” as well as to provide a legal understanding for digital signatures that are stored on a Blockchain.
Please share if you find this article interesting. Coinsource Installs 20 New Bitcoin ATMs in Georgia Texas-based Bitcoin automated teller machine (ATM) network Coinsource has installed 20 new Bitcoin ATM machines in the US state of Georgia as of early December 2017. Of the new ATMs, 18 machines were launched in the city of Atlanta, while two were installed in the neighboring college town of Athens. According to Coinsource Chief Executive Officer (CEO), Sheffield Clark, their objective in the project is to provide every citizen in the state to access the leading virtual currency Bitcoin and participate in the skyrocketing new economy. “This is a major opportunity not only for Coinsource but for the cities of Atlanta and Athens as well. Atlanta is one of the most mature Bitcoin A
Please share if you find this article interesting. Bitcoin RIP: Cryptocurrency ‘Dies’ 200th Time, Just As Price Hits $11k Bitcoin is paradoxically becoming more valuable the more it dies, with over 200 ‘obituaries’ now public. The bizarre status quo comes from information portal 99Bitcoins, which also tracks press articles declaring Bitcoin will shortly disappear. On Dec. 1, as Bitcoin prices hovered at just over $10,000, the site’s ‘Bitcoin obituary stats’ formally recorded the 200th Bitcoin death. The omen came courtesy of Business Insider, which produced an article claiming a “fatal flaw” meant no cryptocurrency could ever become “real” currency. “A currency has to be a widely used medium of exchange. Cryptocurrencies are never going to achieve that. Period,” UBS Bank’s Wealth
Please share if you find this article interesting. News BTC DASH and Litecoin Analysis December 5, 2017 [embedded content] DASH/USD DASH continues to be choppy, hanging about the $750 region. At this point, it looks to me as if there is major support below at about $670, but we may not even get there. I do believe that a pullback is probably healthy, so I think that buying the dips makes sense. Watch the stochastic oscillator, if we get an oversold crossover, that could be further confirmation that we are ready to rally yet again. LTC/USD Litecoin has found a bit of support near the $95 level, and I think currently we are trying to figure out whether the $100 barrier is something that we can overcome easily. We are getting ready to cross over in the stochastic oscillator over...
Please share if you find this article interesting. News BTC Ethereum Analysis December 5, 2017 [embedded content] ETH/USD Ethereum has been a bit negative during the Monday trading session, but it appears that the $450 level should offer a bit of psychological support, extending down to at least the $420 level. Because of this, it’s likely that we will find a “buy on the dips” mentality, and therefore I am watching the stochastic oscillator underneath for a cross near the 20 level. ETH/BTC Ethereum continues to be a bit oversold against Bitcoin, but quite frankly neither currency looks overly bullish in the short term. If I had the place a trade, it would almost certainly be to the upside, as we are approaching significant support. However, I think that any upside momentum at
Please share if you find this article interesting. News BTC Bitcoin Analysis December 5, 2017 [embedded content] News BTC Bitcoin Analysis December 5 BTC/USD Bitcoin has been relatively volatile over the last couple of sessions, but continues to grind to the upside. We currently find ourselves near the $11,000 level, and it looks as if the 20 SMA is trying to offer support. I believe there is obvious support underneath at the $10,000 level, and therefore there should be quite a bit of buyers in that area. I think that we probably need to pull back a little bit, but that should end up being a buying opportunity. BTC/JPY Bitcoin has pulled back slightly against the Japanese yen early on Monday, but we are still very much in an uptrend, and I believe that the buyers are coming ...
Please share if you find this article interesting. Japanese Financial Regulator Legalizes Four New Cryptocurrency Exchanges Japan’s Financial Services Agency (FSA) has authorized the operation of four new virtual currency exchanges in the country as of early December 2017. The approved exchanges are already the second batch of companies authorized by the FSA. In late September, the agency has okayed the applications of the first batch of applicants consisting of 11 exchanges. In its statement posted on its website, the FSA claimed that only the authorized 15 exchanges should be allowed to trade digital currencies as only the cryptocurrencies that they will handle are confirmed to “meet the definition under the fund settlement law.” The four companies that were approved are Tok