The London-based bitcoin wallet provider known by the name of Blockchain, has recently reached a new milestone: 10 million bitcoin wallet accounts. This particular milestone was reached less than two weeks after the company’s CEO and co-founder stated that the company will most likely encounter its biggest month of activity in November, given the recent economic…
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Some unexpectedly large buy orders shot bitcoin’s price back above $750 this evening. The market is still trying to adapt to this sudden change but it seems like there’s quite a bit of resistance to further upward movement.
Major Signals Large orders pushed BTC/USD back above the $750 level.
Support against major price drops…
The FinTech Startup Company Bitbond recently acquired its license from the Federal Financial Supervisory Authority or BaFin. This financial regulatory agency is an independent institution administered by the Federal Ministry of Finance based in Frankfurt and Bonn. Bitbond is an international P2P (Peer to Peer) lending platform that operates in Berlin. It provides reasonably priced loans…
The central securities depository of the Russian Federation or The National Settlement Depository (NSD) was successful in developing and testing an electronic (e-proxy) voting system that operates on a distributed ledger built with the NXT blockchain. The NSD with headquarters in Moscow is a member of the Moscow Exchange. It is a non-banking credit organization,…
The central bank of Singapore or Monetary Authority of Singapore (MAS) made an official announcement regarding its collaboration with R3, a Financial and Blockchain Technology Company. R3, based in New York (USA), is at the helm of a conglomerate composed of 70 of the largest financial institutions worldwide conducting R & D on Blockchain use…
Hey everyone!
We're back with the final article in our Bitcoin History series, where we will cover events that happened between years 2014 and 2016. We've focused on events that had significant outcomes or direct effect over Bitcoin. I can only say that I'm very s to have been writing this series, as I have…
It was a tough weekend for the ambitious traders that were counting on the price reaching $800. Spikes above $750 were met with strong selling pressure and large sell orders eventually lead to the BTC/USD price dropping below $720 for a brief period of time before before Monday.
Major Signals Resistance for upward spikes still…
The former Director General for Technology and Transformation (Martin Clements) of the United Kingdom Foreign and Commonwealth Office is the latest top UK Government official to become a director of Blockchain startup SETL. Former Bank of England executive director Sir David Walker also joined SETL as board chairman. This new financial services firm is among the…
Bitcoin’s price seems to be struggling to get above $750, there seems to be quite a bit of selling pressure pushing the price further below $750. In Spite of what seemed like a breakthrough early in the morning of Sunday, the $800 targets seemed more unlikely as more markets came into play.
Major signals
● Bearish…
One of the proposed features of Bitcoin described as sidechains will most likely make significant progress in the short-term. The concept of sidechains (linked to the Blockstream start-up) is to make it easier to provide Bitcoin with new features. This is quite complicated because of the digital currency’s unique design. Blockstream is the foremost provider…
