Bitcoin markets are back to featuring rising prices as all of a sudden buying pressure seems to be coming back into play. The positive overturn managed to break through resistance and completely change the market’s mood. With BTC/USD markets now seeming to have come out of a sideways trend, bitcoin’s price is peaking at $975.
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The owner of Mercedes (Daimler AG) has taken over PayCash Europe which provides Bitcoin payment services. This latest and surprising move is believed to be the German automotive multinational’s decision to try new business ventures like mobile payments. As a licensed electronic money teller in Luxembourg, PayCash Europe presents solutions for digital currencies. The exchange…
Bitcoin markets aren’t moved by any significant trends at the moment but BTC/USD rates are in general moved by a more positive market sentiment that the overall lookout preceding trading sessions had. What’s more interesting though is that bitcoin prices are moving within a very specific margin in spite of an increase in trading volumes.
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Bitcoin’s price is driven by a particularly bearish market sentiment amid the last few hours. Back to back sell orders are becoming the leading force of market movements forcing BTC/USD rates to plunge down to a low around $910.
Major Signals BTC/USD markets apparently had a hard time shaking off the bearishness of previous trading…
Officials of Shanghai-based Juzhen Financials, the biggest Chinese Blockchain start-up, announced the company will unveil a Blockchain technology specifically for banks this year. The company was able to put up $23 million in September of 2016 to aim for a population structure similar to start-ups, Digital Asset Holdings and R3CEV under the R3 Consortium. Digital Asset is…
Bitcoin’s price is surely affected by volatility in spite of trading volumes going down in comparison to past trading sessions. BTC/USD markets hardly even breached below $915 only for a top above $920 to be reached only hours later. Pressure at either direction doesn’t seem clear at the point but it doesn’t seem like specific…
CoinATMRadar performs website mapping and tracks trends for Bitcoin ATMs or BTMs globally. It circulated 2016 data recently together with forecasted trends for this year. The website said the United States dominates the BTM market with a share of around 73%. It shows some 951 Bitcoin Automated Teller Machines (ATMs) in 55 countries and 192…
Today, financial institutions are trying to keep their heads above water with so many competitors claiming that they have the best deals. As banking wizards look intently in their magic sticks for solutions, they reflected on the possibility of using the internet as substitute providers of financial services. They focused on three of the best…
Seven big banks in Europe have formed a new group to create a Blockchain-controlled, cross-border trade financing platform for both small and medium-scale enterprises in the region. These institutions formalized their agreement by signing a Memorandum of Agreement (MoU) recently. The banks are: HSBC (UK)
Rabobank (Dutch multinational)
Societe Generale (France)
Natixis…
Bitcoin markets appear to be going through a phase going against the apparent bearish mood over the last few trading sessions. Some support seems to have taken shape as BTC/USD rates are keeping above after the recent recovery, in spite of selling pressure originating from large sell orders.
Major Signals After some sideways trading, BTC/USD…
