Bitcoin’s price is finally starting to look up again as selling pressure seems to have backed down in the latest trading session. After BTC/USD reached a bottom at around $750 levels, a recovery back above $800 levels was achieved while resistance was weak. Major Signals The recent recovery certainly doesn’t look like a bullish overturn…

These days it’s in the news that U.S Energy seeks block chain research proposals.  The U.S department of Energy (DOE) is nowadays searching for block chain technology. Here a question arises that WHY it is doing that? Why Block Chain has become so important for it that it’s actually finding ways for block chain research proposals. Firstly…

Whales ended yet another sideways trading trend with sudden price spikes. This time selling pressure breached even pre-rally support levels with the market showing no signs of return so far as bitcoin prices fell from $900 to $760 levels. Major Signals BTC/USD markets were plagued by immersive selling pressure lead by just a few large…

The most recent update of Bitcoin Core produces performance improvements as well as small bug fixes and updated translations that benefit the virtual currency. At the same time, it officially terminates support for the Windows XP and Mac OSX 10.7 versions. Bitcoin Core As a background, Bitcoin remains an open-source digital currency technology as teams of…

Some support seems to have started forming around $900 levels as BTC/USD markets managed to move away from the volatility that plagued the last few trading sessions. Bitcoin rates stayed above $900 for the entirety of the trading session, reaching the low of $901 but triggering a swift recovery. Major Signals Bearish signals seem to…

The status of bitcoin in China is still quite unclear, considering the fact that there is indeed some regulation, yet it is not being applied. During the last couple of weeks, we’ve seen a sharp growth, followed by a short decrease in the value of the digital currency. Economic analysts have attributed this to the falling…

During the last couple of months, it seems like governments from all around the world are becoming increasingly more concerned and interested with blockchain regulation. In fact, not long ago, an advisory council meant for the US Treasury Department which usually focuses on the insurance market, has declared that they will discuss blockchain technology in…

Bitcoin markets are still adapting to the post-rally scene but the market’s mood keeps swinging from one direction to another without much regard to outside signals. Traders don’t seem to be entertained by price movements as trading volumes have only kept dropping in the last few days. Major Signals Bitcoin’s price kept dropping until it…

An apparent sideways trend has been driving bitcoin’s price in spite of volatility that naturally follows the downward spikes and breach of supposed levels after the rally. The current market sentiment has moved a step away from being increasingly bearish but support levels have not been established yet. Major Signals Bitcoin markets seem to be…

The first preference of United States President-Elect Donald Trump to be the Office of Management and Budget head is 49-year old Mick Mulvaney. This Republican Representative of South Carolina blamed the US Federal reserve for lowering the value of the US Dollar and endorsed Bitcoin as alternative currency. According to monetary disclosures as of last…