Tuesday, April 23Your Daily Bitcoin & Altcoin News Portal
Ethereum Classic Price Technical Analysis: Upswing is Facing a Barrier

Ethereum Classic Price Technical Analysis: Upswing is Facing a Barrier

PRICE ANALYSIS
Ethereum classic price corrected a few points versus the US Dollar and Bitcoin, and ETC/USD is currently facing a tough barrier near $18.00. Key Highlights Ethereum classic price after trading a few points below the $20 handle against the US Dollar found sellers. There is a major support area forming above $16.50 on the hourly chart of ETC/USD (Data feed via Kraken). The price is likely to remain above the $16.00-16.50 levels and might continue to move higher.   Ethereum Classic Price Support During the past two days, there was a lot of action in ETC price as it moved above $19.00 against the US Dollar. The price traded as high as $19.81 where it faced sellers and started a correction lower. The price moved below the 23.6% Fib retracement level of the last wave fr
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Ethereum Price Technical Analysis: Recovery is Losing Steam

Ethereum Price Technical Analysis: Recovery is Losing Steam

PRICE ANALYSIS
Ethereum price is struggling again against the US Dollar and Bitcoin, and ETH/USD is just holding a major support area near $194-192. Key Highlights ETH price struggled to close above the $220 resistance against the US Dollar and moved down. There is a new contracting triangle pattern forming with support at $194.00 on the hourly chart of ETH/USD (data feed via SimpleFX). The price is currently below the $200 level and the 100 hourly simple moving average.   Ethereum Price Resistance Yesterday, there was a decent recovery in ETH price above $210 against the US Dollar. The price traded higher and tested the $223-225 resistance zone where sellers appeared. As a result, the price failed to gain pace above $223, and a short-term high was formed at $223.73. The price s
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Bitcoin Price Technical Analysis: Hovering Near an Exhausted Support Line

Bitcoin Price Technical Analysis: Hovering Near an Exhausted Support Line

PRICE ANALYSIS
Bitcoin price is hovering at the bottom of its descending triangle and could be due for a downside break. Bitcoin Price Key Highlights Bitcoin price has formed lower highs and found support around $2320, creating a descending triangle pattern visible on its 4-hour chart. Price is currently testing the triangle support, still deciding whether to make a bounce or a break. Technical indicators are signaling that further losses are in the cards.   Technical Indicators Signals The 100 SMA is below the longer-term 200 SMA so the path of least resistance is to the downside. In other words, a breakdown is more likely to happen than a break to the upside. Also, the 100 SMA lines up with the triangle resistance so a bounce up to that level could still see its gains l...
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Bitkan Announces the 2017 BTC & Blockchain International Summit

Bitkan Announces the 2017 BTC & Blockchain International Summit

CURRENT EVENTS
On September 9, 2017, blockchain enthusiasts from all around the world will attend the ‘BTC & Blockchain International Summit’ taking place in Beijing, China. The event will be hosted by the Bitcoin-focused data and trading services provider, Bitkan at the gorgeous Sofitel Wanda Beijing Hotel in the Chaoyang District. Shape the Future: The 2017 BTC & Blockchain International Summit in Beijing, China Bitkan is inviting global representatives and leaders from within the cryptocurrency and blockchain industry to a world-class event this September called — The BTC & Blockchain International Summit. Innovators from this emerging tech environment attending the conference will be traveling from many countries worldwide including Russia, China, the U.S., Japan, South Korea, South
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‘Bitcoin Sign Guy’ Nets $16,000 As ‘Vitalik’ Advocates Ethereum In Congress

‘Bitcoin Sign Guy’ Nets $16,000 As ‘Vitalik’ Advocates Ethereum In Congress

BITCOIN
‘Bitcoin Sign Guy’ has received donations totalling almost $16,000 since his “buy Bitcoin” ‘photobomb’ went viral Wednesday. The as yet unnamed man caused a sensation after holding up a sign with the call to action behind Federal Reserve chair Janet Yellen as she was testifying in Congress on the current condition of the US economy. Donations as gestures of thanks immediately started pouring in, the address provided by Bitcoin Sign Guy in a subsequent photograph having collected more than 6.76 BTC ($15,750) at press time. The move was widely reported even in mainstream media including CNBC, a publication which itself has issued several glowing appraisals of Bitcoin in recent weeks. “Bitcoin doesn’t need the free advertising. The digital currency has more than doubled in value t
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The Open ANX Foundation Closes Token Sale Ahead of Schedule

The Open ANX Foundation Closes Token Sale Ahead of Schedule

ALTCOINS
The openANX Foundation Limited closed the OAX Token Sale ahead of schedule after surpassing its initial funding goal. openANX technology addresses in a distributed manner credit risk markets, transparent collateral ratings for Asset Gateways. openANX is building a decentralized platform for the exchange cryptographic assets, including strong consumer protection and transparency “hardcoded” into the infrastructure. Such measures include collateral-backed asset gateways, credit risk trading, liquidity aggregation and an open-source code base. openANX is overseen by ANX International, which was founded in 2013 and represents one of the earliest bitcoin companies. The Hong Kong- based company is a market leader in blockchain and operates ANXPRO, one of the first bitcoin trading platf
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Japan’s Bitcoin Exchanges Getting Ready To Secure Smooth Operations After August 1

Japan’s Bitcoin Exchanges Getting Ready To Secure Smooth Operations After August 1

BITCOIN
Shortly after recognizing Bitcoin and digital currencies, Japan continues to take thorough steps to create an attractive environment for digital currency trading and use in daily purchases. In the latest forward looking preparations – Japanese exchanges lineup to secure smooth operation irrelevant of Aug. 1 events. Buckle up Bitcoin Improvement Proposal 148 is set to be signaled by miners in August with hopes that SegWit2x gets locked in. This means that transactions will become both quicker and cheaper. However, not everyone agrees and it is uncertain if this will be successful. A scenario of Bitcoin forking, or breaking into two separate chains is possible if no enough parties agree to signal for BIP148. The Aug. 1 events have been unsettling the market as July continues to be t
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Goldman Sachs Granted ‘SETLcoin’ Cryptocurrency Patent

Goldman Sachs Granted ‘SETLcoin’ Cryptocurrency Patent

ALTCOINS
Investment bank Goldman Sachs has been awarded a patent for its proposed “SETLcoin” cryptocurrency settlement system. The US Patent and Trademark Office (USPTO) published Goldman’s patent on July 11, entitled “Cryptographic currency for securities settlement”. The bank made headlines when the existence of the patent application was revealed in late 2015. The concept envisions a system for settling securities trades using a built-in cryptocurrency. When filed in December of that year, the application notably outlined methods for exchanging SETLcoins for digitized stocks for firms like Google and Microsoft, as well as cryptocurrencies, naming bitcoin and litecoin in particular. Here’s how Goldman describes the system: “[A] SETLcoin wallet can house a single security or multiple
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Janet Yellen Stars In A Mainstream Media Advertisement For Bitcoin

Janet Yellen Stars In A Mainstream Media Advertisement For Bitcoin

THE DOLLAR VIGILANTE
When we started The Dollar Vigilante in 2010, it was a very different world. The word “libertarianism” was just becoming known for the first time due to the efforts of a guy named Ron Paul and his rEVOLution. Anarcho-capitalism was still essentially unknown by most. We believed that taxation was theft but trying to find more than a few dozen other people who felt the same was not happening. Many people still hadn’t woken up to 9/11 being an inside job. And, not even we knew about bitcoin back then… only hearing about it in 2011 when it was at $3 and immediately jumping on the bandwagon as perhaps its loudest promoter. So, what a nice surprise it is to see how quickly things are changing. The hashtag #TaxationIsTheft caught fire in the last year. And then this man m