28-04-2017
04:48 pm
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Category: Bitcoin

Bitcoin Price Watch; Trading Ahead Of The Weekend No Comments

So we're going to take a final look at the bitcoin price for this evening, and as part of this final analysis, attempt to put some levels together with which we can draw a profit from the market during the late US session, and beyond into the weekend. Action today has been similar to that which we've seen all week – price has jumped around in moves of all sorts of shapes and sizes, and we've ...


NewsBTC Bitmain Technologies Lawsuit

Bitmain Technologies And Canada’s Great North Data Involved In Legal Battle No Comments

It appears as if Bitmain Technologies have gotten themselves involved in a lawsuit. A report surfaced on CBC News, indicating a legal dispute is taking place. A Canadian data center has been sued by Bitmain Technologies their contractual obligations not being met. Great North Data feels the mining company is responsible for all of the problems, though. The legal dispute between Great North Data...


Antminer S9

BitMain Issues Firmware Upgrade for Antminers Following Antbleed No Comments

BitMain -- the leading Bitcoin mining hardware manufacturer was all over the news yesterday following the discovery of a security flaw, named Antbleed. The increased negative publicity and concerns among the cryptocurrency mining community have forced BitMain to apologize publicly and offer a background about the Antbleed issue. According to the company, the "so-called" security flaw was suppos...


Bitcoin Price Watch; What’s Next For Price? No Comments

So we've just got one more day of the week left, and what a week it's been. Things have been pretty volatile, and we've seen some real strength across the entire space from a price perspective. Exactly how things play out from here remains to be seen. As we noted last night, there's a potential correction on the cards, and if this happens, we're going to see a dip as traders take profits off the t...


NewsBTC R3 JPMorgan

R3 Consortium Loses Another Key Member as JPMorgan & Chase Departs No Comments

Things are going from bad to worse for the R3 consortium. Ever since it became clear the group is not focusing on blockchain technology, there has been a lot of backlash. JPMorgan Chase & Co has now decided to leave the group and focus on other things. It appears R3's fundraising process is the main reason for this departure. While there are still plenty of banks supporting R3, the group is...


Bitcoin Price Technical Analysis for 04/28/2017 – Aiming for $1600 Area? No Comments

Bitcoin Price Key Highlights Bitcoin price seems unstoppable in its climb, possibly forming a wider ascending channel on its long-term charts. Price has surged to new record highs past the $1400 mark, which is around the mid-channel area of interest. Bitcoin price might be aiming for the $1600 channel resistance next as the uptrend remains intact. Bitcoin price seems to be setting it...


Unocoin

Unocoin’s Partnership with PayU Enables Bitcoin Purchase through Netbanking No Comments

India is an emerging Bitcoin market. The country has seen a drastic increase in demand for the cryptocurrency since late-2016. As the Bitcoin community grows in the country, leading platforms are still in the process of making the whole exchange and trading process easier for them. Unocoin, one of the “Big Four” Indian Bitcoin platforms has announced a new development which will make buying Bi...


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

So that's another day done in the bitcoin space, and we've had another good day. Things are really starting to pick up, and we're getting a combination of high volume and sharp moves. We love sharp moves, as that's where the breakouts come from, and we're hoping to be able to get in and out of the markets according to the rules of our strategy as we move forward into the evening session (Europe) t...


NewsBTC Bitcoin PBoC Regulation

PBOC Official Claims Bitcoin Can’t Receive Same Legal Status as Money Due To Lack of Regulation No Comments

It has been a while since we last heard from the PBoC in regards to bitcoin. Late last week, one of the staffers mentioned how bitcoin cannot gain legal status in China. To be more specific, it can't be put on the same level as fiat money. This is due to the lack of AML and KYC regulations in place as of right now. A very odd sentiment, although this comment is not entirely surprising either. C...


Antminer S7 Most Efficient and Powerful Bitcoin Miner to Date.

Antbleed Security Flaw Poses a Threat to Miners Operating BitMain Equipment No Comments

BitMain is one of the leading Bitcoin mining equipment manufacturers in the world. The company's AntMiner range of specialized hardware mining equipment makes up for over 70 percent of all the mining hardware, which could be at risk following the discovery of Antbleed security flaw. According to reports, the serious security issue can potentially affect all BitMain devices, disrupting the Bitco...


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