Market analysis on the bitcoin market is essential to determining the status of price volatility, which is why economic analysts from throughout the world are coming up with new ways of determining whether the currency's price will rise or fall. Not long ago, Kyle Bass, a hedge fund manager who became famous after he had predicted…

Bitcoin’s price reached surprisingly high levels in today’s trading session. The major spike BTC/USD markets went through even made it into mainstream news. Major Signals BTC/USD reached $788 only for a correction to take place a few hours later. Trading volumes reach high above averages as out-of-market factors appear to be making traders eager…

Status is giving the Ethereum Blockchain a new face with its WeChat wallet. This will be launched within the next few weeks providing an interface for Ethereum similar to common apps users are familiar with. Status allows users to call and control Decentralized Applications (DAPPS) with instant messaging from the mobile wallet. The adaptable social…

The Hyperledger Project got a big boost after its formal collaboration with the Chamber of Digital Commerce (CDC). The Linux Foundation hosted the Project to promote blockchain apps across multiple industries. CDS is a trade association that actively promotes blockchain technology. The two will work to reinforce the current advocacy as well as information dissemination initiatives.…

A United States Federal Court in California’s Northern District gave full authority to the US Internal Revenue Service to carry out a “John Doe” Writ or Directive on Coinbase.  The summons contains a request for complete identities of Coinbase clients from the US who exchanged digital currencies from 2013 until 2015. The company facilitates transactions…

Officials of the European Commission (EC) made public a new initiative recently. The goal of the Commission is to assist start-up enterprises present their complete innovation along with the potential to create employment opportunities. This is known as “Start-up and Scale-up Initiative” and aims to help resourceful entrepreneurs in the Euro Region the chance to turn…

Whilst trading volumes have gone down from yesterday’s trading session, selling pressure also seems to have gone down with them. BTC/USD could be entering an uptrend as it’s has already started flirting with $775. Major Signals Selling pressure still has a strong presence in the market, yet large sell orders in the ongoing trading were…

During the last couple of months, members of the bitcoin community in Japan, have been discouraged to purchase products via the digital currency, due to an 8% tax, imposed on all bitcoin transactions. However, things are about to change. Recent reports indicate that Japan is planning to drop this 8% tax. At this moment in time,…

BTC/USD rates spiked above $770 in today’s trading session, yet the market’s reception of this movement wasn’t particularly bright. Volatility ensued and selling pressure started handling prices. Yet, the price keeps struggling in a fight to stay above $770 levels amidst all the volatility. Major Signals Volatility keeps strong as trade volumes keep being high…

During the last couple of months, the price of bitcoin has been fairly stable, give or take. However, recent reports indicate that the price of the digital currency may increase massively during the next couple of months. In fact, a prediction made by the Saxo Bank says that bitcoin's price will reach the astronomical level of…