Author: Nikhil Gupta

Nikhil Gupta is a Bitcoin writer/analyst at NewsBTC.com. He provides opinionated and informative articles, price analysis, and covers news stories related to the cryptocurrency. He is an avid Bitcoin follower and has been tracking the currency since late 2013.

Coinbase Will Always Support The Longest Valid Chain in Bitcoin. newsbtc

Coinbase Will Always Support The Longest Valid Chain in Bitcoin No Comments

[Update 1345 GMT 12/12/16: Coinbase has been reinstated on Bitcoin.org] Bitcoin wallet company Coinbase today clarified that it was never going to abandon Bitcoin Core for its scalable version XT. The statement came in response to the certain allegations made by Bitcoin.org's moderators Cøbra and Theymos. They had criticized the San Francisco startup and its co-founder Brian Armstron...


Blockchain

IT Giant Predicts Blockchain Will Transform Tech Sector in 2016 No Comments

American multinational CA Technologies believes that the technology underpinning the cryptocurrency bitcoin will find its footing in 2016. In a blogpost titled Five Technology Predictions for 2016, Otto Berkes, the Chief Technology Officer (CTO) at CA Technologies, predicted a great year for the blockchain technology, saying that the innovative public ledger will "find a home outside of the Bi...


helpful guide to investing in Cryptocurrencies. newsbtc bitcoin news

A Helpful Guide to Investing in Cryptocurrencies No Comments

Investors are always looking to put money into different assets to satisfy their diversification requirements. Equity investors are often seen maintaining a percentage of their portfolios in slightly unrelated asset classes such as gold and real estate. A small section of investors are also interested in buying artworks, antiques, and old coins, as they represent a completely different class, ge...


Ransomware demanding bitcoin

Hackers Adopt SaaS Model to Support Bitcoin Ransomware Schemes No Comments

The Year 2015 saw cyber criminals implement new strategies to extort money, many taking their ransoms in bitcoin. The one that got everybody’s attention as the year came to a close was Ransom32 - a JavaScript-based ransomware which freezes the files in a user’s computer until a ransom is paid in bitcoin. The revelation was first made on BleepingComputer.com by an infected user who complaine...


HSBC Disruption Highlights the Need for a Bitcoin System. newsbtc bitcoin news

HSBC Disruption Highlights the Need for a Bitcoin System No Comments

HSBC, the fourth largest bank in the world is now steadily returning to normalcy after being hit by a system glitch that left thousands of users unable to log into the system. This instance adds to the list of several cases where the need for a complete overhaul of the existing banking system has been felt. A system based on the Bitcoin infrastructure can be a good solution. Another HSBC Banking...


Trading Bitcoin With Technical Analysis is Tough And Heres Why. newsbtc bitcoin news

Trading Bitcoin With Technical Analysis is Tough, And Here’s Why! No Comments

Many times, our readers ask why we use technical analysis for a volatile asset such as Bitcoin. There have been several instances when my price predictions based on technical analysis have gone horribly wrong. But I must admit that it is not exactly a cakewalk to anticipate the future price movements of a security which is yet to be tagged as ‘stable.’ In this article, I will discuss all th...


Leading Japanese Bank Yearns To Enter Fintech Space. newsbtc bitcoin news

Leading Japanese Bank Yearns To Enter Fintech Space No Comments

The Wall Street Journal reports that Japan’s second-largest bank Sumitomo Mitsui Financial Group (SMFG) is eager to enter the fintech space. Japan has been playing catch-up with other nations who are quickly embracing the financial technology revolution. It was only recently that the Japanese government and regulators allowed the bitcoin exchanges to be registered. Until now, the government h...


ethereum price bears watch out. newsbtc

Ethereum Price Technical Analysis for 30/12/2015 – Massive Short Fail No Comments

My short call on Ethereum completely bombed! Ethereum has soared 5.6 percent to 0.00208BTC, mauling the short sellers in a surprise jump. I was anticipating a decline to 0.0019BTC but Ethereum instead rose to hit a high of 0.0021BTC. With this, Ethereum has approached the strong resistance level of 0.0021BTC with confidence. Beyond this hurdle, the pair will appreciate roughly 10 percent. ...


Bitcoin to be the national currency of Atlantis, really. newsbtc bitcoin news.

Bitcoin Price Technical Analysis for 30/12/2015 – Surges to Near Year-End Target No Comments

Bitcoin rises more than 2 percent to $430.21, nearing our year-end target of $440. In the previous price technical analysis A No Trade Market, we mentioned that an increasing MFI often causes price appreciation, and we are witnessing just that. The question now is: Would bitcoin be able to extend the gains or will it retrace its steps? Let us try to predict this with the help of technical analy...


blockchain

Blythe Masters Struggling to Find Investors for Her Blockchain Startup? No Comments

Powerful finance lady Blythe Masters is having a hard time convincing investors to invest in her blockchain startup Digital Asset Holdings, according to a news report from The New York Times. NewsBTC.com earlier reported that Blythe is looking to raise $35M for her blockchain startup before Christmas from leading investor groups such as JPMorgan Chase, where she earlier worked for 27 years, Gol...


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