With the exponential growth of cryptocurrency businesses, investing can be complex. This complexity has no doubt hindered mass adoption and prompted the need for trusted user-friendly tools to attract more traditional investors.Specializing in blockchain and smart contract technology, the Canadian technology company Rublix is building a network that could make – not just cryptocurrency trading – but any trading less complex. They are launching the Rublix platform so that investors across the world can access and share valuable trading information Read more …
Month: November 2017
Bitcoin Cash Price Technical Analysis – BCH/USD Breaks Key Resistance
Key Points Bitcoin cash price is back in the bullish zone and is trading above $600 against the US Dollar. Yesterday’s highlighted connecting bearish trend line with resistance at $610 was broken on the hourly chart of BCH/USD (data feed from Kraken). The price might continue to move higher and trade towards the $640 and $650 levels. Bitcoin cash price is gaining pace above $600 against the US Dollar. BCH/USD broke an important resistance and eyeing further gains. Bitcoin Cash Read more …
Introducing the Divi Project, the First User-Friendly Cryptocurrency
San Diego, CA – October 25, 2017: The Divi Project, an upcoming new cryptocurrency, made big news as it came out of hiding and began promotions for its upcoming ICO. [Note: This is a press release.] As a “Fourth Generation” cryptocurrency, Divi offers a new solution to crypto’s most lucrative challenge: mass adoption by ordinary people. Chasing a $10 Trillion prize, The Divi Project hopes to be the first to market with a digital currency for regular people. Its ambition Read more …
Bitcoin Price Technical Analysis for 11/08/2017 – Back to Rally Mode?
Bitcoin Price Key Highlights Bitcoin price has previously broken below a short-term rising trend line to indicate a potential selloff. Price has bounced off the area of interest around $7000 as bulls were waiting to buy at that level. This could spur a retest of the broken short-term support and a continuation of the drop to the longer-term rising trend line. Bitcoin price seems to be resuming its climb from here, but it could merely be a pullback to the Read more …
Ethbet Development Continues After Crowdsale Sells Out During First Week
Ethbet – the first gambling platform on the Ethereum blockchain that has announced support for peer-to-peer betting – launched its much-anticipated crowdsale on September 17th. [Note: This is a press release.] Almost 70% of all available tokens were sold during the first day of the Ethbet crowdsale, with the remaining tokens being bought over the next several days, leading the crowdsale to permanently close to new investors after only four days. Since then, development on Ethbet has continued, and token Read more …
Frederic Oudea Thinks Bitcoin Has No Future
The CEO of French financial services provider Societe Generale has said that its the anonymity of virtual currencies that will be their downfall. Speaking at the Web Summit conference in the Portuguese capital of Lisbon on Tuesday, Frederic Oudea said that the ease with which the likes of Bitcoin can be used to launder money, or avoid taxes would force governments to regulate them: I can’t see a future of this when I see the attention played by all governments Read more …
XRED Enters Week 2 of its ICO, Announces First Development Project
As UK-based X Real Estate Development (XRED) enters into the second week of its ICO, community interest continues to build amid the announcement of their first proposed development project. [Note: This is a sponsored article.] What is XRED? XRED is the first cryptocurrency fund to focus specifically on real estate development and investment. Their unique investment platform, which is built on the Ethereum blockchain, utilizes asset tokenization to convert the rights to a physical asset (in this case, real estate) Read more …
Bitspark Receives Investment From Fortune 500 Company
Finance Hong Kong-based remittance platform Bitspark has announced that it has received investment as part of a partnership with Reinsurance Group of America, Inc (RGAx). RGAx is one of the world’s largest life reinsurance companies, and is on the Fortune 500 list. The two companies will work to provide insurance services underserved markets. Also Read: Remittance Startup Bitspark Drops Bitcoin Over Network Fees Reinsurance Group of America Has Provided Investment to Bitspark as Part of a Partnership Between Read more …
BTC Inc. and Genesis Mining Launch Genesis Engineering and See Opportunity in Eurasia
BTC Inc., parent group of BTC Studios, BTC Labs and BTC Media, and Genesis Mining, a cloud mining service provider, recently announced a partnership to launch Genesis Engineering, a Hong Kong–based joint venture focused on promoting and developing the cryptocurrency mining industry worldwide, with a special focus on emerging and underserved markets.“We see opportunities in terms of excess capacity worldwide in such regions as the Americas and Eurasia, said David Bailey, CEO of BTC Media. “Centers of mining are often Read more …
Industry CEO Believes Bitcoin’s Anonymity Dooms It, Predicts Governments Will Ban
In its short lifespan of 10 years, Bitcoin has seen many obituaries. The latest one is by SocGen CEO, Frederic Oudea, who feels that Bitcoin has no future because of its anonymity. Governments will clamp down Fredric Oudea believes that the future of Bitcoin and other virtual currencies is dim, primarily because he expects governments and regulators to clamp down on them. The reason he gives is the anonymity involved in these transactions, which might facilitate illegal activities ranging from Read more …
Ultimate Fighting Championship Website Gets KOed by Coin Hive Malware
The website for Ultimate Fighting Championship (UFC) is the latest victim of the Coin Hive malware that secretly mines for Monero cryptocurrency. In the world of sports, few things are as hot as Ultimate Fighting Championship (UFC). Millions tune in to watch bouts of modern day gladiators using a wide variety of fighting styles. Yet even the martial prowess of the UFC cannot keep them from being the victims of malware. The Register recently reported that the UFC website was Read more …
Two Popular Hardware Wallet Firms Reveal Segwit2x Fork Plans
News This week two well-known bitcoin hardware wallet manufacturers, Satoshi Labs (Trezor) and Ledger Wallet, revealed their contingency plans for the pending Segwit2x fork that may take place in nine days. Both companies explain they will support both chains and tethered tokens if there is a split and provide a tool for the splitting process. Also read: CEX.io and Unocoin Announce Fork Arrangements Satoshi Labs Trezor Models Will Support Both Chains The hard fork announcements keep piling up Read more …