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Bitcoin Price Booming but Global Demand Takes Hit From Regulations

Bitcoin Price Booming but Global Demand Takes Hit From Regulations

BITCOIN
Bitcoin Price Booming but Global Demand Takes Hit From Regulations Digital currencies, especially Bitcoin as it reaches a new all time high, are stronger than ever - this in the face of governmental regulation and hardline crackdowns. However, although Bitcoin’s price seems unaffected by the control that Russia and China is trying to wrest from the decentralized digital currency ecosystem, trading volume and global demand has taken a hit. Sudden shifts Looking at a graph of the Bitcoin price it would be hard to find an influence of major factors such as the Chinese ban on exchanges, and the recent Russian ban on access to exchanges. However, looking at a graph that illustrates the share of trading by currency, there are some noticeable swings. These swings indicate the high volatili
CryptoGirl
Coinbase Rolls Out Instant US Bitcoin Buys Thanks to ‘Proprietary Fraud Prevention’

Coinbase Rolls Out Instant US Bitcoin Buys Thanks to ‘Proprietary Fraud Prevention’

BITCOIN
Coinbase Rolls Out Instant US Bitcoin Buys Thanks to ‘Proprietary Fraud Prevention’ Coinbase has removed a major hurdle for US customers purchasing Bitcoin via bank transfer, cutting the waiting period from 3-5 days to “instantly.” A blog post from the major exchange and wallet provider Thursday announced the upgrade, which removes the exposure to Bitcoin price fluctuations for customers waiting for bank transfers to clear. Excited to announce instant digital currency purchases using a US bank accounthttps://t.co/HybDElz7gq — Coinbase (@coinbase) October 12, 2017 “Previously, customers who purchased using a bank account had to wait several days before receiving their digital currency,” the post clarifies. “Customers can now buy up to $25,000[...] and receive access to their digital
CryptoGirl
Coinbase Users Can Now Use Bank Accounts to Instantly Purchase Cryptocurrency – Bitcoin News

Coinbase Users Can Now Use Bank Accounts to Instantly Purchase Cryptocurrency – Bitcoin News

BITCOIN
Coinbase Users Can Now Use Bank Accounts to Instantly Purchase Cryptocurrency - Bitcoin News Services San Francisco-based company Coinbase just announced they will allow customers to buy bitcoin, ethereum, and litecoin instantly with bank accounts. Each customer can buy up to $25,000 with this service. Previously, people could only conduct instant purchases with debit cards. This service requires users to provide their account numbers and routing numbers.  Also read: The Pirate Bay Resumes Running In-Browser Javascript Cryptocurrency Miners Coinbase blog said, “We are excited to announce the ability for customers to instantly purchase digital currency using a US bank account. Previously, customers who purchased using a bank account had to wait several days before receiving thei
CryptoGirl
Bitcoin Price Watch; Here’s What’s On This Morning

Bitcoin Price Watch; Here’s What’s On This Morning

PRICE ANALYSIS
We have reached the final day of the week in our bitcoin price trading efforts and what a final few days it has been. The bitcoin price broke through the $5,000 mark late on Wednesday evening, early Thursday morning depending on where you are and, subsequent to the break, hasn’t really looked back. We are now sitting at a point where price has run more than $1,000 in less than 24 hours and this is where things get a little bit hairy. There is every chance that we may see a near-term correction and, if we do, the extent to which price gives back value to markets is tough to call. As long as we don’t get any severe fundamental shocks (like we did out of China last time) then things should stay relatively subdued. Anyway, whatever happens, we are going to make sure we will be ready. Let’s get
CryptoGirl
$6k Bitcoin Price Almost Comes True as Forks Flounder, Investors Hold

$6k Bitcoin Price Almost Comes True as Forks Flounder, Investors Hold

BITCOIN
$6k Bitcoin Price Almost Comes True as Forks Flounder, Investors Hold Bitcoin has posted further all-time highs of almost $5800 after climbing $1000 in 24 hours. Beginning Thursday, a price surge gained momentum to take the Bitcoin BTC chain over $5000 for the second time in history. When resistance came at $5200, prices remained above the significant boundary before continuing to new heights never before seen. BTC posted a new high of $5798 in the early hours of Friday. At the same time, forks of Bitcoin, namely Bitcoin Cash (BCH) and SegWit2x futures, either failed to appreciate or dropped in value. BCH, which debuted for Blockchain.info users Thursday, is worth only around 35 percent of what it was in August. SegWit2x hedging, which is confined to Bitfinex, also disappointed use...
CryptoGirl
Bitcoin Mining Looks Ready to Fall Under Russian Regulations

Bitcoin Mining Looks Ready to Fall Under Russian Regulations

BITCOIN
Bitcoin Mining Looks Ready to Fall Under Russian Regulations A few months ago, the talk was that Russia was actually looking to subsidize mining costs. However, that seems to have been a ploy to perhaps gain control over miners and get them to register with the government for more than just protection from money laundering. Bitcoin mining in Russia has long operated in a ‘legal grey area’, thanks to lack of regulation, as well as reasonable electricity, which has made home-mining operations possible and profitable. However, with Russia’s recent crackdown on cryptocurrencies, through the banning of access to exchanges, the iron-fisted government is also taking aim at miners. Putin’s crackdown Russian President Vladimir Putin called for regulation of cryptocurrencies at a meeting with
CryptoGirl
PR: Zavodcoin. Investing in the Piping Industry Made Easy – Bitcoin News

PR: Zavodcoin. Investing in the Piping Industry Made Easy – Bitcoin News

BITCOIN
PR: Zavodcoin. Investing in the Piping Industry Made Easy - 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. Cherepovets pipe-rolling plantReorganization of production with funds attracted through ICO.Unique project of the enterprise from real sector of economy in crypto-currency. Modernization of available and creation of new production in two most promising lines consisting of several stages and development vectors is carried out in the territory of production facilities of LLC “ChPRP” in the city of Cherepovets,
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Bank of Lithuania Encourages Financial Institutions to Withhold Services From Companies Operating With Virtual Currencies

Bank of Lithuania Encourages Financial Institutions to Withhold Services From Companies Operating With Virtual Currencies

BITCOIN
Bank of Lithuania Encourages Financial Institutions to Withhold Services From Companies Operating With Virtual Currencies Regulation The Bank of Lithuania has issued an official position regarding initial coin offerings (ICOs) and cryptocurrencies, in which the central bank encourages banks to withhold financial services from businesses operating with virtual currencies. Lithuania’s central bank also expressed its belief that ICOs should be regulated as securities. Also Read: Lithuania Shows ‘Serious Intentions’ in Blockchain Innovation Lithuania’s Central Bank Has Discouraged Companies From Engaging in a Range of Activities Relating to Cryptocurrencies According to a press release published by the Bank of Lithuania, “financial market participants should not engage in the sale
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Slovenia Aims to Become the Leading Blockchain Technology Destination in Europe

Slovenia Aims to Become the Leading Blockchain Technology Destination in Europe

BITCOIN
Slovenia Aims to Become the Leading Blockchain Technology Destination in Europe The government of Slovenia has announced that it aims to position the country as the leading destination of Blockchain technology in the European Union (EU). The government is also studying the potential applications of the technology in public administration. In his speech at the Digital Slovenia 2020 event in mid-October 2017, Prime Minister Miro Cerar stated that the country’s regulatory agencies and ministries are already studying the technology and its potential applications. "The regulatory bodies and ministries are already studying Blockchain, and the state is participating in activities at European level in the area of the introduction and regulation of this technology. We are also already layin
CryptoGirl
DASH/USD and LTC/USD Technical Analysis October 13 2017

DASH/USD and LTC/USD Technical Analysis October 13 2017

PRICE ANALYSIS
Hello and welcome to News BTC’s Market Outlook October 13.[embedded content] DASH/USD DASH fell slightly during the day on Thursday, as we continue to bounce around the $295 region. I think that the $300 level above will continue to offer resistance, but if we can break above there, the market should continue to go towards the $315 level. Ultimately, crypto currencies in general have done very well, and I think that it’s only a matter of time before we go much higher. LTC/USD Litecoin initially dipped lower, reaching towards the $49 level before finding buying pressure. We broke out towards the $54 level, and I think there is a significant amount of resistance at the $55 level. Ultimately, this is a market that should continue to offer buying opportunities on pullbacks, and it’s likely t