20-08-2017
01:17 pm
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Category: Bitcoin

NewsBTC Exchanges Contentious Hard Fork

What Happened to the Promise by Exchanges not to List Contentious Hard Fork Currencies? No Comments

Cryptocurrency exchanges have always been pretty odd creatures. More specifically, they are centralized entities whom people trust with their cryptocurrency balances. These companies also vowed never to list any contentious hard fork coins on their platforms. As we all know by now, that has not been the case whatsoever. Any hard fork on the BTC network should never hit any exchanges, if the docume...


newsBTC Bitcoin Cash Hashrate

Bitcoin Cash Hashrate Represents Nearly 10% of the Bitcoin Network No Comments

Cryptocurrency miners have ignored Bitcoin Cash for a long time. That is only normal, as the currency wasn't profitable by any means. Now that things are turning around, BCH is quickly getting more support. Around 9% of the network is mining Bitcoin Cash over the past 24 hours. However, it seems that number will only increase to as much as 20% in the next few days. An intriguing shift, yet miners ...


Bitcoin Price Weekly Analysis BTC USD

Bitcoin Price Weekly Analysis – Can BTC/USD Hold This No Comments

Key Points Bitcoin price was under some pressure due to solid rise of BCH against the US Dollar above $800. The BTC/USD pair is currently trading above a bullish trend line positioned at $4000 on the 4-hours chart of BTC/USD (data feed from SimpleFX). As long as the price is above the $4000 level, it may recover in the near term. Bitcoin price failed to move above the $4475 level aga...


NewsBTC COngress Compliant Bitcoin

Members of the US Congress Plan to Create a Compliant Version of Bitcoin No Comments

It looks like Bitcoin may see yet another regulatory turn of events in the US. More specifically, three members of Congress are working on legislation to protect certain currencies from government interference. That is a rather strange turn of events, to say the least. There should be no difference as to which coins are protected or not. However, The Daily Caller claims that is exactly the case.It...


NewsBTC Gemini AWS

Gemini Exchange Outage was Caused by Exceeding the AWS IOPS Quota No Comments

Users of the Gemini exchange may have noticed the company had some issues these past few days. Their primary production environment was dealing with some setbacks, which results in a paused trading engine. All systems are coming back online, but the team took the time to explain the situation. Hosting a primary production environment on AWS is not the best idea in general, Especially not when hitt...


Korea’s Bithumb Exchange Launches In-person Support Desk due to Customer Base Growth No Comments

Cryptocurrency exchanges all over the world see major growth these days. This is especially true for Bithumb, South Korea's largest trading platform to date. Their customer base has grown so much they decided to launch an in-person support center. Customers can walk up to the building and get support around the clock. An interesting decision, to say the least. It is doubtful Western exchanges will...


Bitcoin Cash Price Surges as Mining Profitability Parity is Almost Achieved No Comments

Bitcoin Cash continues to hang on despite people's best efforts to crash the price. Especially now that Bitcoin is dropping a bit, people seemingly flock to alternatives. Over the past 24 hours, we have seen a major BCH price increase. Additionally, mining profitability parity between BCH and BTC is almost achieved. It will be interesting to see how this situation evolves over the next few days. ...


Bitcoin Price Watch; Here’s What’s On This Morning No Comments

So that's the end of the week here and it's been a pretty interesting one in the bitcoin price to date. Anyone who caught yesterday's analysis will know that we set $5000 in our sights during the European session. As it turned out, the bitcoin price wasn’t quite able to reach those highs, but we did see some pretty strong bullish momentum throughout the session and – with any luck – we'll ge...


Bitcoin Price Technical Analysis for 08/18/2017 – Quick Pullback Opportunity No Comments

Bitcoin Price Key Highlights Bitcoin price is bouncing off the top of its ascending channel resistance visible on the 1-hour chart. This opens the chance for a correction to the channel support at which several buy orders are likely located. Applying the Fib tool on the latest swing low and high shows that the 61.8% retracement level lines up with the channel support. Bitcoin price a...


Bitcoin Price Watch; Here Are Tonight’s Key Levels No Comments

We've come to the end of the European session in our bitcoin price trading efforts and it's time to take a look at how action played out today and – in turn – put together a strategy that adapts to intraday action and should allow us to draw a profit from the market as the US session crosses over and beyond. Anyone that caught our coverage this morning will know we are looking at $5,000 as ...


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