Month: May 2018

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. Los Angeles, CA (May 30, 2018) — mesmr™, the blockchain-based new media ecosystem, is announcing the creation of mesmr.tv, a media platform designed for content creators and their audiences. “mesmr was formed due to a Read more …

Bitcoin (BTC) is working its way through the key supply zone above $7,500 and could test resistance at $7,870 in the next 24 hours, the technical charts indicate. The cryptocurrency looked primed for a corrective rally yesterday, having created a bullish outside-day candle on Tuesday. However, the bulls had a tough time absorbing supply around 50-candle moving average (MA) on the 4-hour chart, located yesterday at $7,550. The repeated failure to beat the moving average hurdle ended in a downside break Read more …

A popular Chinese mobile stock trading app appears to have removed its cryptocurrency price tracking feature just two weeks after the new service went live – possibly due to regulatory rumblings in the country. Reports first emerged on May 17 that the app – called Tong Huashun (or “Straight Flush” in literal translation) – had added the crypto-asset price tracking feature in its iOS version. The service offered a real-time price index for major cryptocurrencies by market capitalization, such as bitcoin, Read more …

The old adage about not putting all the eggs in one basket has been used as a metaphor for diversifying investments for as long as anyone can recall but does it play out in the cryptocurrency market? One Basket Maybe Better A Reddit user recently posted about an experiment they undertook putting 10,000NZD into the top 50 cryptocurrencies and showed a chart of how it was going after a month. In a long streak of red, there are four columns of Read more …

Last week, Secretary of State of Colorado Wayne Williams proposed a new set of rules for financing political campaigns, which now includes a section on cryptocurrencies. The original edition of the draft introduces the same caps for crypto donations as for fiat ones, while limiting anonymous contributions to $20. The move renders the overall picture of individual states’ handling political crypto contributions spottier than ever, as the last few months saw states adopting divergent approaches to the issue. Although a Read more …

Exchanges A few months ago news.Bitcoin.com reported on the platform Localbitcoincash.org growing popular and adding a few new features. Now the website has revamped its user interface and the website’s developer has added services like a direct crypto-to-crypto exchange and a shopping section where users can post items to sell for Bitcoin Cash. Also read: The Exahash Era: SHA-256 Mining is a Significant Achievement in Computer Engineering  Localbitcoincash.org Revamps the Site Again With Newly Added Features Localbitcoincash.org offers an escrow service Read more …

During a panel discussion at yesterdays Recode Code Conference in which blockchain, digital assets, and cryptocurrencies were on the program Ripple’s CEO called out Bitcoin as an idea that technology has passed by. Bitcoin is the Napster of Crypto As reported by Techcrunch a four-person panel at the Recode Code Conference including Brad Garinghouse gathered to discuss what the role of regulation around blockchain and cryptocurrency will be and when it will happen. Kathryn Haun, a professor at the Stanford Graduate School Read more …

Key Highlights Ethereum classic price remained in a range above the $14.50 support area against the US dollar. There is a key bearish trend line forming with resistance at $15.40 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair has to move above the $15.40 and $15.75 resistance levels to gain upside momentum. Ethereum classic price is in a positive zone against the US Dollar and Bitcoin. ETC/USD must stay above the $14.50 level to Read more …

ICOs, I don’t see results. That’s the growing complaint among investors who are passionate about blockchain technology but frustrated with a lack of tangible progress on professional risk management strategies across major token projects. “A lot of the projects that raise money, they’re not really reporting what they are spending it on,” said Meltem Demirors, founder of Athena Capital and chief strategy officer at startup CoinShares. “I don’t think you can responsibly talk about investing without talking about risk management.” Read more …

Altcoins What’s the difference between Ripple the company and ripple (XRP) the cryptocurrency? Many people would assert “Not a lot” given that the former owns most of the latter and its founders were responsible for creating ripple in the first place. Ripple the company has other ideas though, and is on a mission to separate the two ripples – big and small – once and for all. Also read: May Breaks 2018’s Down-Trend in Monthly Total Raised by ICOs The Disambiguation Read more …