Bitcoin’s price managed to stay above $870 levels after the recent price recovery and we’re now seeing a continuation to the rise. This time with a substantially large buy order helping the price come closer to $900 levels.
Major Signals Whilst the recovery in yesterday's trading session wasn’t followed up with instant positivity, bitcoin markets…
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BTC/USD markets seem to have started moving rates up again. With a slight rise in daily trading volumes the market’s sentiment might be taking a more positive overturn. For what’s probably the first significant price spike in days after the dip, bitcoin markets are showcasing that there’s hope for a more extensive recovery.
Major Signals …
The UK, and more specifically London, has often been referred as the world’s blockchain hub, given the positive push being given to the public ledger technology by the government. However, in the wake of the BREXIT event, this may not be the case anymore, as the UK is pushing policy changes, and its lack of…
Bitcoin prices are moved by volatility amid daily trading volumes that are damningly lower than the ones seen throughout the rally. Yet even amid lower volumes traders are facing difficulty pushing the price above resistance levels that have emerged after the fall. Any recovery would be hard under such a setting.
Major Signals BTC/USD was…
Robbery in the computer has taken a novel turn these past years. Between April 2014 and June 2015, more than $18 million were paid to ransomware thieves using Ransomware to infect computers. To be rid of the infection and restore its normal use, they demanded large sums of money. Users must pay a ransom, typically…
Bitcoin markets have kept trading above $800 levels in spite of the selling pressure present in the market. While BTC/USD almost fell to $800 at one point, it has since recovered to levels close to $815. It’s definitely noteworthy that support levels might be starting to take shape but with trading volumes lowered so much…
Before I discuss the answer of this highly significant question, I want to briefly describe what Is Bitcoin and block chain because they both are inter related. Bitcoin is basically digital currency. The category of Bitcoin which is increasing rapidly is Cryptocurrency. It is actually developed by a software programmer naming Satoshi Nakamato. Bitcoins are…
Bitcoin trading volumes might not be picking up in today’s trading session, prices are certainly undergoing a healthy recovery from sub $800 levels. With resistance overshadowing the future of a more significant price rise though, the potential outlook of this recovery doesn’t seem to positive.
Major Signals The markets sentiment seems to have shaken off…
Exchange-traded funds, also known as ETFs have been around for a good period of time. For those who do not know, they represent a marketable security, capable of being tracked on an index, such as commodities, bonds and even bigger baskets of assets, such as index funds. ETFs are popular for being able to be…
During the last couple of weeks, there have been numerous controversies surrounding the IRS, after it has requested customer details from Coinbase, in an effort to combat money laundering, and identify bitcoin users throughout the United States. Recent reports indicate that US citizens who proceed to invest their retirement money into purchasing bitcoin or other digital…
