Saturday, January 19Your Daily Bitcoin & Altcoin News Portal
Bitcoin Cash Price Weekly Analysis – BCH/USD Upsides Remain Capped

Bitcoin Cash Price Weekly Analysis – BCH/USD Upsides Remain Capped

PRICE ANALYSIS
Please share if you find this article interesting. Bitcoin Cash Price Weekly Analysis – BCH/USD Upsides Remain Capped Key PointsBitcoin cash price found support around the $1,275 level after a major decline against the US Dollar.There is a major bearish trend line forming with resistance near $1,500 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).The pair may continue to find sellers on the upside near the $1,480 and $1,500 levels in the near term.Bitcoin cash price declined towards $1,250 against the US Dollar. BCH/USD is correcting higher, but upsides remain capped by the $1,500 level.Bitcoin Cash Price ResistanceThis past week, bitcoin cash price trimmed most of its gains and declined from the $1,700 level against the US Dollar. The price declined sharply and
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Japan’s Internet Giant GMO Wants to Borrow BCH, ETH, LTC, XRP From Customers – Bitcoin News

Japan’s Internet Giant GMO Wants to Borrow BCH, ETH, LTC, XRP From Customers – Bitcoin News

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Please share if you find this article interesting. Japan's Internet Giant GMO Wants to Borrow BCH, ETH, LTC, XRP From Customers - Bitcoin News Exchanges GMO Internet’s cryptocurrency exchange has added four more cryptocurrencies to its loan program which allows customers to lend their cryptocurrencies to the company. The program was originally launched last month for just bitcoin (BTC) but GMO has now added bitcoin cash (BCH), ether (ETH), litecoin (LTC) and ripple (XRP) to the program. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space GMO Wants to Borrow from Customers GMO Coin, the cryptocurrency exchange subsidiary of Japanese conglomerate GMO Internet, announced this week the addition of four cryptocurrencies to its loan service which allows customers to le
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India’s Supreme Court Keeps Ban on Banks’ Crypto Services, For Now – Bitcoin News

India’s Supreme Court Keeps Ban on Banks’ Crypto Services, For Now – Bitcoin News

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Please share if you find this article interesting. India’s Supreme Court Keeps Ban on Banks’ Crypto Services, For Now - Bitcoin News News According to a team of Indian lawyers, the Supreme Court of India refused request for a temporary injunction against restrictions imposed on banks regarding cryptocurrency by the country’s central bank. The Reserve Bank of India (RBI) issued a circular essentially banning crypto services, which will remain in place at least until a formal hearing. Also read: Bitcoin’s Anonymous $55 Million Pineapple Fund Gives Final Donation Indian Supreme Court Denies Grant of Injunction Against RBI Crypto Kanoon (@cryptokanoon) is a group of lawyers active in the space concerned with regulatory analysis and legal awareness. They’ve been particular watchf
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Markets Update: Cryptocurrencies Lose Steam During the Weekend – Bitcoin News

Markets Update: Cryptocurrencies Lose Steam During the Weekend – Bitcoin News

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Please share if you find this article interesting. Markets Update: Cryptocurrencies Lose Steam During the Weekend - Bitcoin News Market Updates Cryptocurrencies have been dropping in value this Saturday, May 12 as most digital assets are down between 3-15 percent. The price of Bitcoin Cash (BCH) is hovering around $1,446 at press time while gaining 3.4 percent today — And Bitcoin Core (BTC) values are averaging roughly $8,473 per BTC and its markets are down 1.4 percent this weekend. Also read: Court Orders Chilean Banks to Re-Open Crypto Exchange Accounts   Digital Assets Take a Dip During This Weekend’s Trading Sessions Traders and cryptocurrency enthusiasts are uncertain of the short-term path ahead for digital assets, as most cryptocurrencies have lost a bunch of value o
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Consensus 2018 Will be the Next Big Catalyst for Bitcoin, Analyst Says

PRICE ANALYSIS
Please share if you find this article interesting. Consensus 2018 Will be the Next Big Catalyst for Bitcoin, Analyst Says Blockchain Week New York City, the annual conference also known as Consensus 2018, kicked off yesterday.Based on the market reaction in the previous three events, analysts expect the prices of Bitcoin and altcoins to move upward. Fundstrat’s technician Robert Sluymer says Bitcoin has bottomed with an upside seen from here.Blockchain Week New York to Trigger Next Bullish Momentum, Says Fundstrat AnalystThe most important annual conference for the cryptocurrency ecosystem is taking place in New York while Bitcoin sits just above the 50-day moving average. While the blockchain industry gets together to move the technology forward, digital currency investors wait
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Amazon & Microsoft’s Move to Blockchain: Centralized Companies Into Decentralized Ecosystem

Amazon & Microsoft’s Move to Blockchain: Centralized Companies Into Decentralized Ecosystem

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Please share if you find this article interesting. Amazon & Microsoft’s Move to Blockchain: Centralized Companies Into Decentralized Ecosystem Bitcoin, and the idea of digital cash, has taken hold of the banking sector as banks and financial institutions start to experiment internally with blockchains and cryptocurrencies in order to be at the forefront of these technologies. This, coupled with the fact that government organisations and even global leadership bodies such as the G20 are looking to regulate cryptocurrencies, again give more legitimacy and longevity to the industry. The latest wave of adoption is now coming from corporations who, traditionally have come to be successful thanks to their centralized domination over different aspects of the market. Microsoft, in the wo
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Public Company’s ICO Paves the Way for Other Token Sales in Thailand – Bitcoin News

Public Company’s ICO Paves the Way for Other Token Sales in Thailand – Bitcoin News

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Please share if you find this article interesting. Public Company's ICO Paves the Way for Other Token Sales in Thailand - Bitcoin News Crowdfunding The first initial coin offering (ICO) by a publicly traded company in Thailand has begun trading on a couple of local exchanges. Meanwhile, the regulators are still drafting the legal framework for cryptocurrencies and token sales. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space First Public Company to Launch ICO The launch of an ICO by a publicly traded company has paved the way for other token sales in Thailand. Jay Mart Plc’s subsidiary, J Ventures Limited, launched its ICO called Jfin Coin last week. Jay Mart Plc operates in the wholesale and retail sectors for mobile phones and technology accessories and is l
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U.S. Mutual Fund VP Says Blockchain Will Help ‘Drive This Next Industrial Revolution’

U.S. Mutual Fund VP Says Blockchain Will Help ‘Drive This Next Industrial Revolution’

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Please share if you find this article interesting. U.S. Mutual Fund VP Says Blockchain Will Help ‘Drive This Next Industrial Revolution’ Steve Chiavarone, a VP at financial services company Federated Investors, made bullish comments on blockchain technology as an “economic growth driver” in an interview on CNBC Friday, May 11. Responding to whether blockchain will be a driver of economic growth, Chiavarone noted the potential for automatization and increased efficiency blockchain offers, saying: “When you think about it from an enterprise perspective, it has the ability to replace reconciliation, which is expensive and requires back-office and time and paperwork with more instantaneous verification [...] that will allow cost to be cut and that savings [sic] to be passed along.”
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ERC-20 Tokens, Explained

ERC-20 Tokens, Explained

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Please share if you find this article interesting. ERC-20 Tokens, Explained What are ERC-20 tokens? ERC-20 tokens are tokens designed and used solely on the Ethereum platform. They follow a list of standards so that they can be shared, exchanged for other tokens, or transferred to a crypto-wallet. The Ethereum community created these standards with three optional rules, and six mandatory. Optional Token Name Symbol Decimal (up to 18) Mandatory totalSupply balanceOf transfer transferFrom approve allowance Confused? Let’s back up a little. What is Ethereum, in the first place? Ethereum is a decentralized network of computers with two basic functions.They are: blockchain that can record transactions, and a virtual machine that can produce smart contracts. Because of these tw
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BCH-Powered Social Media Apps Launch New Features – Bitcoin News

BCH-Powered Social Media Apps Launch New Features – Bitcoin News

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Please share if you find this article interesting. BCH-Powered Social Media Apps Launch New Features - Bitcoin News News This week the two popular Bitcoin Cash social media applications, Memo and Blockpress have rolled out a bunch of new features on each platform. Now users on both platforms can upload pictures, video, and even torrent magnets found on the Pirate Bay. Also Read: Trading Cryptocurrencies Like a Boss Takes Time and Research  Memo and Blockpress  So far over the past couple of weeks, Bitcoin Cash (BCH) supporters have been utilizing two specific BCH-powered social media platforms — Blockpress and Memo. The Memo application arrived on the scene first during the second week of April offering BCH users the ability to write 77 character-long phrases using an on-cha