Bitcoin Price Weekly Analysis – BTC/USD’s Upside Drift

Key Points Bitcoin price continues to trade higher and it recently moved above $8800 against the US Dollar. There was a break above an ascending channel with resistance at $8650 on the 4-hours chart of BTC/USD (data feed from SimpleFX). The pair is now gaining pace above $8500 and looks set to break the $9000 level in the near term. Bitcoin price is moving higher above $8800 against the US Dollar. BTC/USD might soon break $9000 to trade further higher Read more …

Preparing a Digital Inheritance – What Happens to Your Bitcoin When You Die

Bitcoin is one of the first assets the world has ever seen that can be solely controlled by one person and, with the right precautions taken, can’t be taken from you. But seeing how this is a new type of asset, people with lost of money in digital currencies must take the necessary steps to see to it that their funds are given to the people you care about. Giving Your Bitcoin to Future Generations The old adage in the Read more …

Bitcoin Gold Issues Critical Warning About Suspicious Windows Wallet File

Bitcoin Gold (BTG) has just issued a warning about a suspicious file of unknown origin found on their download links on their web page and on their Github release page. It seems that Bitcoin Gold has been dealt more than their share of bad luck recently. The company is still mired in the aftermath of the MyBTGWallet scam, and now they have been hit with another problem that is causing them to issue a critical warning to their customers. BTG Read more …

Ethereum Price Weekly Analysis – ETH/USD Trend Overwhelmingly Bullish

Key Highlights ETH price climbed higher and it recently traded to a new all-time high at $482.17 against the US Dollar. There are two important bullish trend lines forming with support at $448 and $350 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair might correct a bit on the downside but remains supported well near $450 and $420. Ethereum price made heavy gains recently against the US Dollar and Bitcoin. ETH/USD started a short-term correction after Read more …

Payment Provider Billdesk Creates New Indian Crypto-Exchange

Emerging Markets Cryptocurrency has become increasingly popular in India these days and now one of the country’s leading payment service providers, Billdesk, has created an exchange to meet the needs of India’s rising bitcoin demand. Also read: Local Japanese Government Considers ICO to Revitalize Region A New Indian Cryptocurrency Trading Exchange Called Coinome Backed by the Billdesk Initiative Billdesk is a well-known payment services brand in India founded in 2000 by Karthik Ganapathy, M.N. Srinivasu, and Ajay Read more …

Bitstamp to Add Bitcoin Cash Trading in December

Cryptocurrency exchange Bitstamp will support three Bitcoin Cash trading pairs – BCH/USD, BCH/EUR, and BCH/BTC – starting the first week of December due to customer demand. Bitstamp, the twelfth largest crypto exchange by volume and the seventh highest ranked exchange on BestBitcoinExchange.io, recently announced it would support Bitcoin Cash (BCH) trading starting the first week of December. Bitcoin Cash is currently trading around $1600. Although originally supported by only a handful of exchanges following its creation on August 1st, BCH’s Read more …

Bitcoin and Millennials Threaten the Survival of Traditional Savings Accounts

The paper check died a few years ago. Now, the savings account is inexorably approaching its death. Millennials, the largest living generation, are not interested in savings accounts managed by traditional banks. Instead, increasingly, millennials prefer to put their savings into Bitcoin. Millennials Are Starting to Put Their Savings into Bitcoin The three-thousand-year-old monetary system, and in turn the obsolete banking system, are becoming casualties of the cryptocurrency’s all-encompassing technological revolution. The millennial generation does not trust financial institutions. Savings Read more …

Individuals Flock to Bitcoin and Asian Demand Soars, Pushing Price to All Time High

Bitcoin seems to be going from strength to strength, recording a new all time high of $8725 on Saturday. While this is impressive in itself, investors who held Bitcoin before August 1 are doing even better, as the combined price of Bitcoin and Bitcoin Cash has crossed $10,000. New all time high After a relatively quiet few days, Bitcoin seems poised to resume its uptrend. The price jumped up from a low of $8,200 to cross $8,700 in under 12 Read more …

Xapo Reveals Fortified Military Bunker for Storing Bitcoin

Xapo, the company owned by Wences Casares, recently allowed a reporter to visit their secret ex-military bunker in the Swiss Alps where they store Bitcoin for important clients. There are times when the real world can be as surreal and fantastic as a movie. Case in point is the recent article written by Joon Ian Wong for Quartz and the World Economic Forum detailing his trip to a secret military bunker in the Swiss Alps.<br />Read More<br />The post Xapo Read more …

BitCoen.io, the First Kosher (Jewish) Crypto-token and Blockchain Ecosystem, to Launch Token Sale on November 28, 2017

British company BitCoen is opening up an international blockchain market. The company declared its strategic goal – to help interaction between representatives of the Jewish communities around the world. The BitCoen ecosystem is a system of services, qualitatively improving the life of the Jewish community. Jewish communities from different countries demonstrated their interest in the project during the pre-sale period. Even before the start of the token sale, the project had amassed a following of more than 25,000 people from Read more …

Coffeecoin Pre-ICO Investors get the Short Straw for Some Reason

Everyone will agree there are too many initial coin offerings right now. Every project and their dog want to raise money for something. A lot of these efforts will be cash grabs first and foremost, with no minimum viable product to show for. Coffeecoin may be classified as one of the worst ICOs in history. More specifically, they either messed up badly or decided to punish pre-ICO investors. It is always interesting to see how ICOs treat their investors. Nine Read more …

Bitcoin Smashes a New All-Time High of $8,700

Bitcoin’s meteoric flight does not take a break. Shrugging off the weekend and Thanksgiving Day, Bitcoin boldly surpassed the $8,700 USD mark, on Saturday morning, November 25, 2017. Similarly, on the same date, Ethereum reached a fresh all-time high of $480 USD. Bitcoin’s Unstoppable Spectacular Surge Investors have been in a bullish mood, setting Bitcoin on a steady trajectory towards the stratosphere since November 17, 2017, when the cryptocurrency touched the $8,000 resistance level. On the same date, a team Read more …