Friday, May 24Your Daily Bitcoin & Altcoin News Portal
Turkish Exchange Develops Blockchain-Based Customer Database

Turkish Exchange Develops Blockchain-Based Customer Database

BITCOIN
Please share if you find this article interesting. Turkish Exchange Develops Blockchain-Based Customer Database Turkey's Borsa Istanbul Stock Exchange (BIST) has developed a blockchain-powered customer database, Daily Sabah reported September 6. Founded in 2013, BIST is the result of the merger of the Istanbul Stock Exchange, the Istanbul Gold Exchange, and the Turkish Derivatives Exchange (TurkDex). Per the exchange’s annual report for 2017, it has 399 listed companies, a market capitalization of around $133 billion, and $1 trillion of total traded value. The recent development will synchronize the customer databases of Borsa Istanbul, Istanbul Clearing, Settlement and Custody Bank (Takasbank), and the Central Securities Depository of Turkey (MKK). The new platform, which is “de
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Ethereum (ETH) Price Watch: Bears Back in the Game!

Ethereum (ETH) Price Watch: Bears Back in the Game!

PRICE ANALYSIS
Please share if you find this article interesting. Ethereum (ETH) Price Watch: Bears Back in the Game! Ethereum Price Key HighlightsEthereum price tumbled below its symmetrical triangle consolidation previously highlighted.This signals that further losses are in the cards, possibly taking price down to the next long-term support around $150.Technical indicators also point to a continuation of the slide from here.Ethereum made a downside break from consolidation to confirm that bears are back to push price lower.Technical Indicators SignalsThe 100 SMA is below the longer-term 200 SMA to indicate that the path of least resistance is to the downside. In other words, the selloff is more likely to carry on than to reverse. The gap between the two has slightly narrowed, though, indicat...
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Bitcoin Cash Price Analysis: BCH/USD Turned Sell on Rallies

Bitcoin Cash Price Analysis: BCH/USD Turned Sell on Rallies

PRICE ANALYSIS
Please share if you find this article interesting. Bitcoin Cash Price Analysis: BCH/USD Turned Sell on Rallies Key PointsBitcoin cash price failed to clear the $650 resistance and dropped sharply against the US Dollar.There is a key bearish trend line forming with resistance at $525 on the hourly chart of the BCH/USD pair (data feed from Kraken).The pair is down more than $100 from highs and it turned sell on rallies near $525 and $550.Bitcoin cash price dropped significantly below $550 against the US Dollar. BCH/USD is recovering, but it could face a lot of sellers near $525 and $550.Bitcoin Cash Price DeclineYesterday, we discussed an important resistance near $645 and $650 in bitcoin cash price against the US Dollar. The BCH/USD pair started a sharp downside move and declined ...
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Bitcoin (BTC) Price Watch: Sharp Tumble on Resistance Test, Goldman Sachs Update

Bitcoin (BTC) Price Watch: Sharp Tumble on Resistance Test, Goldman Sachs Update

PRICE ANALYSIS
Please share if you find this article interesting. Bitcoin (BTC) Price Watch: Sharp Tumble on Resistance Test, Goldman Sachs Update Bitcoin Price Key HighlightsBitcoin price slumped below its short-term rising wedge after also hitting the resistance on a larger wedge formation.Price could set its sights on the long-term support around $5,800 to $6,000 from here.Technical indicators are still reflecting the presence of bullish pressure, though.Bitcoin price made a downside break from a short-term consolidation pattern and is setting its sights back on the long-term floor.Technical Indicators SignalsThe 100 SMA recently crossed above the longer-term 200 SMA to indicate that the path of least resistance is to the upside. This means that the uptrend is more likely to resume than to r...
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Report: Belgian Think Tank Calls for Crypto Exchange and ICO Regulations at EU Level

Report: Belgian Think Tank Calls for Crypto Exchange and ICO Regulations at EU Level

BITCOIN
Please share if you find this article interesting. Report: Belgian Think Tank Calls for Crypto Exchange and ICO Regulations at EU Level A report from a Belgian think tank that will reportedly be distributed to European Union (E.U.) ministers calls for unified legislation on cryptocurrencies and more scrutiny on how they are distributed to investors, Reuters reported September 5. The report, ostensibly released by Brussels-based think tank Bruegel, comes ahead of an informal meeting of economic and financial affairs ministers from the E.U. on cryptocurrency investments and taxation of the digital economy. The meeting will take place in Austria from September 7-8. According to Reuters, the report urges the regulation of cryptocurrency exchanges and Initial Coin Offerings (ICOs) at ...
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Bitcoin Cash (BCH) Price Analysis: Still Bitcoin Cash is a Better Investment

Bitcoin Cash (BCH) Price Analysis: Still Bitcoin Cash is a Better Investment

PRICE ANALYSIS
Please share if you find this article interesting. Bitcoin Cash (BCH) Price Analysis: Still Bitcoin Cash is a Better Investment Yesterday’s BTC mini crash is surely a blow to altcoins. In a 24 hour span, BCH recorded a 16 percent lose breaking below $600, crashing stops and confirming the bear break out pattern set by Aug 8 bears. That’s aside from signaling the completion of a retest phase and a probable ignition of the trend resumption stage that could drive prices towards $300. All in all, on chain developments and BTC whale shorts aren’t supportive of BCH.From the MarketThe cryptocurrency bug is spreading and as a solution that is specifically designed to replace government issued currencies, it is slowly but surely sinking their roots deeper in economies whose citizens have
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Ether, ADA Crypto Prices Hit Lowest Levels In Over 1 Year

Ether, ADA Crypto Prices Hit Lowest Levels In Over 1 Year

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. Ether, ADA Crypto Prices Hit Lowest Levels In Over 1 Year Two of the top 10 cryptocurrencies by market capitalization are now trading at their lowest level in a year. Ethereum, the world's second largest cryptocurrency by market capitalization, fell to its lowest price since 2017 on Wednesday, a development shared by Cardano, the world's ninth largest by market capitalization. At 16:00 UTC, during the middle of Wednesday's trading period, the cryptocurrency ether dropped to $211 for the first time since July 30, 2017, while Cardano dropped to levels not seen since last year according to CoinDesk price data. Ether was last seen trading at $221.88, marking roughly a 4.95 percent decline since the day's open and a 19.83 percent decl...
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Bitcoin Hits $24,000 In Iran After Government Okays Mining – Bitcoin News

Bitcoin Hits $24,000 In Iran After Government Okays Mining – Bitcoin News

BITCOIN
Please share if you find this article interesting. Bitcoin Hits $24,000 In Iran After Government Okays Mining - Bitcoin News Markets and Prices The world’s most expensive bitcoin core (BTC) price is in Iran. A combination of high foreign currency demand, economic sanctions and an improved regulatory environment – with some speculation – have sent the price of the leading digital currency skywards. How high can it go? Also Read: Iran Officially Recognizes Cryptocurrency Mining Falling Rial, New Policy Spur Iran Bitcoin Bull Market The price of BTC in Iran rose sharply on Wednesday after the government of President Hassan Rouhani approved plans to mainstream bitcoin mining – and as the local currency nosedived. BTC hit a world record $24,000 on the Iranian exchange EXIR, ecli
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Litecoin, EOS, Stellar Lumens, Tron, IOTA Price Analysis: Most Altcoins Are Simply Falling, Stellar Lumens Stable

Litecoin, EOS, Stellar Lumens, Tron, IOTA Price Analysis: Most Altcoins Are Simply Falling, Stellar Lumens Stable

PRICE ANALYSIS
Please share if you find this article interesting. Litecoin, EOS, Stellar Lumens, Tron, IOTA Price Analysis: Most Altcoins Are Simply Falling, Stellar Lumens Stable Perhaps the community is coming to terms with the effect of Sep 1 heavy BTC shorts and the reactivation of a dormant BTC wallet which surprisingly begun unloading BTC for fiat at different exchanges shortly after. Whether we can link that to yesterday’s clip of BTC bull wings or not, it’s clear that altcoins are suffering. There is a magnification of their losses with Tron (TRX) and IOTA (IOT) posting an average 13 percent loss in the last day alone.Let’s have a look at these charts:EOS Price AnalysisEOS Daily Chart by Trading ViewIn what could be definitive for EOS throughout this year, there was an astounding reject
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Brian Kelly: ICOs Here to Stay, but ‘Days of a Whitepaper and a Dream’ Are Over

Brian Kelly: ICOs Here to Stay, but ‘Days of a Whitepaper and a Dream’ Are Over

BITCOIN
Please share if you find this article interesting. Brian Kelly: ICOs Here to Stay, but ‘Days of a Whitepaper and a Dream’ Are Over In a recent interview with Cointelegraph, Brian Kelly, the founder and CEO of digital currency investment firm BKCM LLC, said that Initial Coin Offerings (ICOs) are around to stay, but with some changes. Apart from running of an investment firm focused on cryptocurrencies, Brian Kelly also provides money management services and consults on digital currencies. Kelly is also the author of "The Bitcoin Big Bang – How Alternative Currencies Are About to Change the World." Speaking on whether ICOs as a form of fundraising will end soon, Kelly suggested that “it will stay, but with a little change.” He said that ICOs proved to be an effective tool for fundi