Tuesday, September 18Your Daily Bitcoin & Altcoin News Portal
Bitcoin Price Dilemma: Bull and Bear Paths in Play

Bitcoin Price Dilemma: Bull and Bear Paths in Play

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. Bitcoin Price Dilemma: Bull and Bear Paths in Play Fresh off all-time highs, bitcoin is trading sideways and showing signs of bull exhaustion. As per CoinDesk's Bitcoin Price Index (BPI), the world's largest cryptocurrency by market capitalization is trading at roughly $16,850. But despite the high price, according to data source CoinMarketCap, BTC has only gained a meager 0.70 percent in value in the last 24 hours, a slight move that contrasts with a stellar performance for alternative currencies. For example, XRP, the cryptocurrency that powers the Ripple network, is up 67 percent on the day, while ether is up 25 percent and looking higher. As noted yesterday, the stellar performance of ether, litecoin and other alternative cur
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$750: The Ether Price Freight Train Has a New Target

$750: The Ether Price Freight Train Has a New Target

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. $750: The Ether Price Freight Train Has a New Target The price of ether, ethereum's native token, hit a new all-time high of $686 today, and the price chart analysis suggests the rally could continue. At the time of writing, ether (ETH) was trading around $680. As per CoinMarketCap, the world's second largest cryptocurrency by market capitalization has appreciated by 24.6 percent in the last 24 hours. Having scaled $400 on Nov. 23, ETH spent a better part of the last three-weeks trading sideways in the $400–$480 range. The congestion ended with an upside break on Monday amid news that Swiss banking giant UBS, along with other banking industry heavyweights, are planning to use the ethereum network as a means of complying with new
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Bitcoin Bursary in Bulgarian University

Bitcoin Bursary in Bulgarian University

BITCOIN
Please share if you find this article interesting. Bitcoin Bursary in Bulgarian University Bitcoin’s ascension into the mainstream financial world has done wonders for its value, but its spiritual home still resides in the minds of IT aficionados. Walk into any development studio and you are bound to find IT staff musing over Blockchain, Bitcoin and all things cryptocurrency related. With that in mind, Varna University of Management in Bulgaria will become one of the first tertiary education institutions to offer bursaries in Bitcoin. In 2018, ten software engineering students will be awarded scholarships in Bitcoin - to the value of €1000 per semester. The University will also give their candidates the option of taking the scholarship in either euros or Bitcoin. While the lucky
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IOTA Clarifies Misleading Microsoft Quote: No Official Partnership

IOTA Clarifies Misleading Microsoft Quote: No Official Partnership

BITCOIN
Please share if you find this article interesting. IOTA Clarifies Misleading Microsoft Quote: No Official Partnership The IOTA team clarified this week that it has no formal partnership with Microsoft, following the wide misinterpretation of a quote from Microsoft on IOTA’s official blog included in an announcement about IOTA’s Data Marketplace. The quote from Microsoft seemed to indicate an official partnership between the two companies and investors reacted to the news accordingly. The exact quote from Microsoft Blockchain specialist, Omkar Naik, reads: “We are excited to partner with the IOTA Foundation and proud to be associated with its new data marketplace initiative.” In an email interview IOTA co-founder, Dominik Schiener, defended his company’s role in the misunderstan
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Tax Investigators Raid Bitcoin Exchanges Across India – Bitcoin News

Tax Investigators Raid Bitcoin Exchanges Across India – Bitcoin News

BITCOIN
Please share if you find this article interesting. Tax Investigators Raid Bitcoin Exchanges Across India - Bitcoin News Regulation Investigators from the income tax department of India have conducted onsite searches at the offices of the country’s top nine bitcoin exchanges early on Wednesday morning. Also Read: Chinese Whale Buys Fleet of F1 Cars Worth £4 Million with Litecoin Government officials told the Indian news agency PTI that multiple teams of detectives from the tax department, under the command of the Bengaluru investigation wing, surveyed the trading venues in Delhi, Bengaluru, Hyderabad, Kochi, and Gurugram. This action was taken under section 133A of the Indian Income Tax Act for “gathering evidence for establishing the identity of investors and traders, transa
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Bitcoin Price Watch; Breakout Only Right Now

Bitcoin Price Watch; Breakout Only Right Now

PRICE ANALYSIS
Please share if you find this article interesting. Bitcoin Price Watch; Breakout Only Right Now So we’ve come to the start of another day in our bitcoin price trading efforts and we’re just about midway through the week in Europe. Things have been pretty interesting this week so far and we’ve seen a bunch of fresh inputs impact price. Last night, we jumped straight into the action so as to avoid missing out on any potential entries and – this morning – we’re going to do exactly the same. Things are moving too fast for us to waste time looking at what happened overnight so, instead, we’re going to get straight into what’s on and what we are looking at right now. As ever, then, take a quick look at the chart below before we get started so as to get an idea where things stand and wh
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Bitcoin Has Gone Mainstream. That’s a Very Big Deal

Bitcoin Has Gone Mainstream. That’s a Very Big Deal

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. Bitcoin Has Gone Mainstream. That's a Very Big Deal Michael J. Casey is chairman of CoinDesk's advisory board and a senior advisor of blockchain research at MIT's Digital Currency Initiative. Last week, my eighth-grader came home saying that all the boys at school were talking about bitcoin. Some might describe this vignette, and many others like it from the past few weeks, as a 2017 version of that ominous 1929 moment when shoeshine boys started giving stock tips. But whether or not they signal the bursting of a bubble, these stories also mean something far more important: bitcoin has gone mainstream. I'm not talking about the long-awaited mass adoption point in which a critical mass of users owns, earns and spends bitcoin. We...
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PR: Flux Gaming Platform Announces the Start of Token Sale on December 10 – Bitcoin News

PR: Flux Gaming Platform Announces the Start of Token Sale on December 10 – Bitcoin News

BITCOIN
Please share if you find this article interesting. PR: Flux Gaming Platform Announces the Start of Token Sale on December 10 - 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. FLUX announces the open token sale starting December 10th. FLUX is the first real gaming ecosystem based on blockchain technology with the aim to unite all stakeholders of the gaming industry – gamers, community-members, virtual game asset owners, bloggers, developers and investors. The team of FLUX creators includes professionals with deep
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Only Big Broker Offering CME Bitcoin Futures Allows Whales to Short – Bitcoin News

Only Big Broker Offering CME Bitcoin Futures Allows Whales to Short – Bitcoin News

BITCOIN
Please share if you find this article interesting. Only Big Broker Offering CME Bitcoin Futures Allows Whales to Short - Bitcoin News Featured Sunday’s historic opening of Chicago Board Options Exchange (Cboe) bitcoin futures proved almost too much for the legacy market maker. The world’s most popular cryptocurrency, however, remained resilient, and contracts went long, assuming its price would continue to rise, bullish. As its crosstown rival Chicago Mercantile Exchange (CME) readies for its bitcoin futures this coming Monday, the only major broker offering such futures reversed course and is now allowing its monied-clients, whales, to also short bitcoin, an expensive and risky trade for bulls. Also read: Howard Stern and Saturday Night Live Reference Bitcoin as Popularity
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Bitcoin Gold Price Technical Analysis – BTG/USD Holding 100 SMA

Bitcoin Gold Price Technical Analysis – BTG/USD Holding 100 SMA

PRICE ANALYSIS
Please share if you find this article interesting. Bitcoin Gold Price Technical Analysis – BTG/USD Holding 100 SMA Key Points Bitcoin gold price is trading with a nice bullish tone above the $240 support against the US Dollar. There is a crucial ascending channel forming with support at $230 on the hourly chart of BTG/USD (data feed from Bitfinex). The price is currently holding the $240 support and placed nicely above the 100 hourly simple moving average. Bitcoin gold price is slowly moving higher towards $300 against the US Dollar. BTG/USD is holding the $240 support and is eyeing more gains. Bitcoin Gold Price Support There was a break above the $280 resistance in bitcoin gold price against the US Dollar. The price traded as high as $295.58 before it started a downside correct