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BITCOIN

Building a Base? Bitcoin Demand at $10K Hints at Move Higher

Building a Base? Bitcoin Demand at $10K Hints at Move Higher

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. Building a Base? Bitcoin Demand at $10K Hints at Move Higher Persistent demand around the $10,000 mark appears to have not only neutralized the immediate bearish outlook on bitcoin, but also hints the cryptocurrency could be building a base for an eventual move higher. Prices on CoinDesk's Bitcoin Price Index (BPI) fell to $9,972.29 yesterday, before witnessing a quick recovery to $11,000 levels. This is the fourth time in last week that bitcoin (BTC) has recovered losses after sinking below $10,000 levels. As of writing, bitcoin is at $10,990 levels. The cryptocurrency has appreciated by 3.38 percent in the last 24 hours, according to OnChainFX. On Coinbase's GDAX exchange, BTC witnessed two-way business yesterday with prices hi...
CryptoGirl
Survey: 60% of Americans Have Heard of Bitcoin, 5% Own – Bitcoin News

Survey: 60% of Americans Have Heard of Bitcoin, 5% Own – Bitcoin News

BITCOIN
Please share if you find this article interesting. Survey: 60% of Americans Have Heard of Bitcoin, 5% Own - Bitcoin News Featured Global Blockchain Business Council and Survey Monkey teamed for an appraisal of American attitudes toward the world’s most popular cryptocurrency, bitcoin. Awareness of the decentralized currency is way up, but those who actually own the digital asset remains relatively low. Also read: Tezos Swiss Foundation Concept is “Old, Inflexible and Stupid” Americans More Bitcoin Aware, But Remain on Sidelines During the second week of this year, 5,761 adults were polled about their attitudes toward bitcoin. Survey Monkey, one of the partners, selects “from the nearly 3 million people who take surveys on the Survey Monkey platform each day,” their methodolo
CryptoGirl
Analysts and Bullion Dealers Notice a Relationship Between Gold and Bitcoin – Bitcoin News

Analysts and Bullion Dealers Notice a Relationship Between Gold and Bitcoin – Bitcoin News

BITCOIN
Please share if you find this article interesting. Analysts and Bullion Dealers Notice a Relationship Between Gold and Bitcoin - Bitcoin News Finance As cryptocurrencies have grown popular over the past year, researchers have noticed an inverse relationship between gold and bitcoin markets. Over the past two weeks, as cryptocurrency markets have slumped, financial analysts are reporting even more data about the correlation between both assets. Also Read: Markets Update: Cryptocurrencies Try to Regain Strength After the Recent Dip Researchers and Gold Dealers Believe That When Bitcoin Prices Recently Dropped In Value Investors Rushed Towards Gold Financial executives and researchers believe bitcoin and gold have an interesting relationship. Over the past year, cryptocurrencie
CryptoGirl
PR: GymCoin Announces First Fitness ICO That Allows Digital Currency to Be Accepted at Gyms Worldwide – Bitcoin News

PR: GymCoin Announces First Fitness ICO That Allows Digital Currency to Be Accepted at Gyms Worldwide – Bitcoin News

BITCOIN
Please share if you find this article interesting. PR: GymCoin Announces First Fitness ICO That Allows Digital Currency to Be Accepted at Gyms Worldwide - Bitcoin News This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. GymCoin has positioned itself to change the landscape of the fitness industry by offering a global platform that will allow users to pay gyms, dance studios, personal trainers, supplement stores, and health apps using digital currency. This one of kind Pre-ICO Sale offers investors the chance to get in before the...
CryptoGirl
South Korea Releases Official Guidelines for Cryptocurrency Exchanges and Banks – Bitcoin News

South Korea Releases Official Guidelines for Cryptocurrency Exchanges and Banks – Bitcoin News

BITCOIN
Please share if you find this article interesting. South Korea Releases Official Guidelines for Cryptocurrency Exchanges and Banks - Bitcoin News Regulation The South Korean government has officially released two sets of previously promised guidelines that specify cryptocurrency regulatory measures. In addition to details of the new real-name system to end anonymous trading of cryptocurrencies, the government also published its anti-money laundering guidelines for banks providing services to cryptocurrency exchanges. Also read: Cryptocurrency Activities Will Be Legal and Tax Free in Belarus Starting in March Implementation of Crypto Measures On Tuesday, the South Korean government officially released a document containing the guidelines for cryptocurrency regulations it prev
CryptoGirl
Stripe is Withdrawing Support for Bitcoin Payments – Bitcoin News

Stripe is Withdrawing Support for Bitcoin Payments – Bitcoin News

BITCOIN
Please share if you find this article interesting. Stripe is Withdrawing Support for Bitcoin Payments - Bitcoin News Economics Payment processor Stripe is halting bitcoin support. Declaring that “there are fewer and fewer use cases for which accepting or paying with Bitcoin makes sense,” the online payments specialist is calling it a day on cryptocurrency for the time being. Over the past month, a handful of other companies have also rolled back bitcoin support, usually citing high fees which make micropayments impractical. Also read: New Research: 10% of Funds Raised in ICOs Lost or Stolen Bitcoin Gets the Boot Stripe is a $9 billion company run by Irish siblings and youthful entrepreneurs Patrick and John Collison. Stripe had been very receptive to cryptocurrency, and were
CryptoGirl
Bitcoin, Ethereum, Bitcoin Cash, Ripple, IOTA, Litecoin, NEM, Cardano: Price Analysis, Jan. 23

Bitcoin, Ethereum, Bitcoin Cash, Ripple, IOTA, Litecoin, NEM, Cardano: Price Analysis, Jan. 23

BITCOIN
Please share if you find this article interesting. Bitcoin, Ethereum, Bitcoin Cash, Ripple, IOTA, Litecoin, NEM, Cardano: Price Analysis, Jan. 23 The views and opinions expressed here are solely those of authors/contributors 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. When the markets are bullish, a lot of traders only focus on high target levels. This leads to a left out feeling among the ones who have missed out on the rally, and they rush to buy at elevated levels. This results in a huge loss of capital to the uninformed traders. The opposite works when the market falls. One starts to hear bearish v...
CryptoGirl
Payment Processor Stripe Ends Support for Bitcoin, Hypes Altcoins

Payment Processor Stripe Ends Support for Bitcoin, Hypes Altcoins

BITCOIN
Please share if you find this article interesting. Payment Processor Stripe Ends Support for Bitcoin, Hypes Altcoins Stripe, the mobile payment processor with a $9 bln valuation, has announced that it is officially winding down its Bitcoin integration. Over the next three months, Stripe customers will be encouraged to migrate away from Bitcoin payments. After that, Bitcoin will no longer be accepted at all. Stripe made waves in 2015 when it fully integrated Bitcoin, allowing all vendors who use the platform to accept Bitcoin payments. Many saw this as a sign of impending mainstream acceptance of Bitcoin as a payment method, but high fees and slow transaction confirmations have hobbled the network. Disappointment In a blog post, Stripe noted the high hopes the company had for Bitc...
CryptoGirl
“The House Always Wins”: Can Blockchain Make Sports Betting More Predictable?

“The House Always Wins”: Can Blockchain Make Sports Betting More Predictable?

BITCOIN
Please share if you find this article interesting. “The House Always Wins”: Can Blockchain Make Sports Betting More Predictable? Expanded legalized sports betting is “inevitable,” believes NBA commissioner Adam Silver. In June 2018 Americans would find out whether his prediction was correct: the US Supreme Court is expected to decide on a case that seeks to overturn a ban on gambling. New Jersey making money moves The Professional and Amateur Sports Protection Act (PASPA), a law passed back in 1992, said any state that did not legalize sports betting by 1993 was prohibited from doing it. American players had to use foreign sites. Thousands of US friendly online sportsbooks - companies taking bets - are operating offshore. Most of them are based in Malta, the Isle of Man, Antigua,
CryptoGirl
Japan’s GMO Internet Develops 12 NM Mining Chips

Japan’s GMO Internet Develops 12 NM Mining Chips

BITCOIN
Please share if you find this article interesting. Japan's GMO Internet Develops 12 NM Mining Chips Mining Major internet technology manufacturer and recent entrant into virtual currency mining hardware industry, GMO Internet Inc, has announced it has successfully developed a 12 nanometer (NM) Fin FET Compact (FFC) semiconductor chip for its next-generation of cryptocurrency miners. The company has described the innovation as a significant step “towards realizing a […] 7 NM process technology for mining chips.” Also Read: Japanese Internet Giant GMO Offers to Pay 4700+ Employees in Bitcoin GMO Develops 12 Nanometer SHA256 Mining Chips GMO Internet Inc. has announced the successful development of “a new 12 NM FCC process based mining chip” during “the first step of […] resear