Bitcoin

15
Jun

Bitcoin’s Brush With Oversold Degrees Suggests Selloff May Be For Now

Bitcoin Price Update The value of bitcoin plunged toward $6, 100, its lowest in two months, as volatile futures action and a dearth of buyers extended the gut wrenching decline. With the collapse, bitcoin’s relative strength index crashed below 30 in one of the convincing signs of oversold conditions. Barchart’s altered RSI of bitcoin fell in the 20s late Wednesday,

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15
Jun

Toxic Suspected Manipulation Sees Bitcoin Futures Sink 55% in 2018

Tether and Bitcoin futures Yet further concerns surrounding the effect of Tether and Bitcoin futures on the state of the leading crypto currency were increased on CNBC, Wednesday June 13th. As CNBC notes, Bitcoin futures have shrunk 55 percent this season, reaching their lowest levels since February. Weighing in on the controversies surrounding allegations that Tether is being utilized as

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15
Jun

SEC Director of Corporate Finance: Ether Isn’t a Security

In a casual statement made at Yahoo Finance’s All Market Summit Crypto, William Hinman, the US Securities and Exchange Commission’s director of corporate finance, indicated that the regulatory agency has no plans to ether a safety. Based on my own understanding of the present state of Ether, the Ethereum network and its decentralized structure, present offers and sales of Ether

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15
Jun

Clearing Up false ideas: this is how Tether Must Work

There’s Substantial controversy surrounding Tether, a cryptocurrency that claims to be pegged into the U.S. Dollar. According to Tether, every Tether token is endorsed by one U.S. Dollar, held in the complete reserve of Tether. However, the presence of the U.S. Dollars pegging Tether has been called into question. Furthermore, worries exist which Bitfinex has been utilizing Tether into the

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15
Jun

Ripple Price Analysis: XRP/USD Showing Positive Signs

Key Highlights – Ripple cost accumulated upside momentum as it was able to hold the $0.5000 support against the US dollar. – There is an ascending channel forming with support at $0.5400 on the hourly chart of the XRP/USD pair (data source from Kraken). – The pair is likely to move higher above the $0.5800 and $0.5900 resistance levels in

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15
Jun

Bitcoin Price Watch: BTC/USD Could Recover Further

Key Points Bitcoin price started an upward correction from the $6,131 low against the US Dollar. There was a break above a major bearish trend line with resistance at $6,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could move further above the $6,600 level if buyers remain in action in the near term.

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15
Jun

Study Finds Irish Crypto Userbase to Possess Quadrupled in Four Decades

Study Finds Irish Crypto Sentiment to be Moving “From Suspicion to Curiosity” Research has suggested that Irish perspectives regarding cryptocurrency are increasingly favorable, with the Irish cryptocurrency user base estimated to have quadrupled in last 4 decades. A study carried out by Amárach Research in partnership with communications company Red Flag has discovered Irish citizens to be seeing cryptocurrencies in

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15
Jun

Israeli Online Business Seeks Tax Authority’s Permission to pay employees in Bitcoin

Permission to pay employees in Bitcoin Social network firm Spot. IM is planning to cover employees utilizing Bitcoin, as reported by the Israeli newspaper Calcalist. On the other hand, the company is currently negotiating with the Israel Tax Authority to obtain authorization for the proposed payment method, with the proper method of calculating exchange rates. Itay Bracha, Spot. IM’s legal

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15
Jun

MoneyConf 2018: The Tokenisation of Everything, as Explained by Circle Chief executive officer Jeremy Allaire

Jeremy Allaire of Circle, a peer-to peer payments technology company backed by Goldman Sachs, talked on the tokenization of everything today in MoneyConf at Dublin, the largest fintech conference in Europe. Allaire explained for novices the cryptocurrency area was much wider than Bitcoin, going on to talk about privacy coins, stablecoins, and tokens used to sell transactions between other currencies

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15
Jun

A Real Time Fight Over Shitty Art Is Becoming a big deal for Bitcoin

A bird? – A plane? No, that’s only a giant manhood spouting flaming bitcoin. This is the canvas in Satoshi’s Place, a web application which allows savvy users to create digital images by sending small quantities of bitcoin. At the weeks since its release, the graffiti tool became the website of territorial conflicts of pixel distance, with tribes of each

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