Month: November 2017

Cobra, the co-owner of Bitcoin.org and Bitcointalk, has appealed to the Bitcoin industry to hard fork again should SegWit2x ‘win.’ In a dedicated blog post over the weekend, one of the longest-serving members of the Bitcoin community said that if 2x gains enough support, detractors should come together to recreate “destroyed” Bitcoin. The Core chain, however, will not suffice, even if it survives the hard fork period. “If the unthinkable happens and 2x wins, it doesn’t mean Bitcoin has been Read more …

Over the past several months, there has been an explosion of ICOs and new smart contracts. The blockchain industry has been growing exponentially. Smart contracts are an integral part of the Ethereum blockchain technology which enables businesses to conduct transactions without an intermediary. Smart contracts are the basis of all Ethereum blockchain based firms. Smart contracts have had difficulty being smart, or even contracts. Many of which do not function properly. With so many smart contracts being deployed so quickly, Read more …

So we are off on a fresh day’s trading here at NewsBTC HQ with intraday action the flavor of the day. Action over the weekend maintained much of the same volatility that we saw throughout the majority of last week, with price holding a relatively steady upward trend but some pretty sharp corrections tapering the aggregate gains for the Saturday and Sunday session. With any luck, we’ll see some similar action today. As we’ve noted on a number of occasions Read more …

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. BANKEX sets out to solve inefficiencies inherent in today’s banking system by utilizing Blockchain technologies BANKEX, the decentralized Bank-as-a-Service enterprise, today announced that their Token Sale Event (TSE) will take place on November 28. Using Read more …

Bitcoin price could dive after several interest rate hikes in a dotcom-style apocalypse, mainstream media has reported. Sounding the end of “easy money” last week, Forbes said that increases in interest rates from central banks could pile pressure on opportunistic investors and cause Bitcoin to deflate. The prospect of a claimed Bitcoin “bubble” popping will present itself after several more interest rate hikes, the publication states. “Bitcoin has turned scores of investors, who bought into the digital currency early, into Read more …

Bitcoin price predictions are either overly positive or negative. It seems level-headedness is difficult to come by in this regard. Scott Kelly, CEO of Black Dog Venture Partners, claims a Bitcoin crash is imminent. Not because it is overvalued or anything, but how the “massive trading” is problematic. It is the first time someone considers high liquidity a problem for any financial asset. A strange situation, that much is certain. There is no shortage of platforms trading Bitcoin and other Read more …

Deutsche Bank lead strategist Jim Reid claimed that the current fiat-based currency system is unstable and nearing its end. He claimed that the system was only able to advance to its current state due to the disinflationary shock it experienced in the 1980s. In his recent report, Reid claimed that the fiat system is now in reverse and is expected to affect all the traditional currencies being used around the world. However, he said that the strategies being used to Read more …

Key Highlights Ethereum classic price rocketed higher and moved above $13.00 against the US Dollar. There was a break above a contracting triangle with resistance at $12.00 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The ETC/USD pair might continue to move higher and it could even break the $14.00-14.20 resistance. Ethereum classic price is gaining heavy bids against the US Dollar and Bitcoin. ETC/USD might continue to move higher towards $15.00 in the near term. Read more …

Finance After shutting down the country’s bitcoin exchanges, the Chinese government is monitoring the booming cryptocurrency over-the-counter (OTC) market. A recent government report shows that 680 million yuan, approximately $103 million, were traded in the last two weeks of October on the top three international OTC trading platforms. Also read: China May Try to Block All Bitcoin Transactions in the Country Chinese Government’s Analysis of Bitcoin OTC Trading Ever since the Chinese government demanded in September that bitcoin Read more …

ETH/USD Ethereum rallied quite a bit during the day on Friday, breaking above the $292 level that I had pointed out yesterday. We touched the $300 level, and if we can break above there, the market should then go to the $312 handle, which extends to the $316 level. A break above the $316 level is a longer-term “buy-and-hold” situation, and between now and then it looks likely that short-term pullbacks will be buying opportunities. ETH/BTC Ethereum rallied a bit Read more …

Jason Zweig, the author of the Wall Street Journal column ‘The Intelligent Investor’ gave his views on Bitcoin at the Evidence-Based Investing conference in New York. Who is Jason Zweig? Jason Zweig is a personal finance columnist who authors the weekly column ‘The Intelligent Investor’. He has also written a book by the same name, in addition to other books such as ‘Your Money and Your Brain’ and ‘The Devil’s Financial Dictionary.’ He has worked for Money magazine and Forbes Read more …

  DASH/USD DASH has been bouncing around for some time, and I believe that the $250 level continues to offer massive support. Ultimately, I anticipate that the real resistance above at the $300 level is the target, so I like buying dips in this market, but I also recognize that you will have to be very patient to realize profits. LTC/USD Litecoin rallied a bit during the day, but we have a downtrend line that coincide somewhere close to the Read more …