Category: News

Ghana Sets up the First African Bitcoin Farm No Comments

Bitcoin mining has entered the African continent; the very first Bitcoin mining facility in the region is now in Ghana. Africa has always been a center of attraction for both Bitcoin and fintech-based businesses. The African continent has provided a lot of positive PR to the Bitcoin ecosystem - It has been and still is the testing ground for Bitcoin-based basic alternate financial services. Ban...


Bitcoin Price Watch; Here’s What’s on Tonight No Comments

In this morning’s bitcoin price watch piece, our focus was on two things. The first, an ongoing trade that we entered during the Asian session – one that had tested our stop but not hit it, and at the time of writing, was testing broken resistance as support. We took this testing as a positive sign, in the sense that the longer the level held, the firmer the support should be, and in turn, the...


NewsBTC_Hard Drugs Bitcoin Tor

Ukraine Student Sold Hard Drugs Over Tor in Exchange for Bitcoin No Comments

Bitcoin has often been associated with illegal activities on the Internet, ranging from drug dealing to assassination and just about everything in between. However, none of this is to blame on Bitcoin or its technology, as Internet criminals accept the form of payment they think offers anonymity, which Bitcoin does not. That being said, a new Bitcoin-powered drug network in Ukraine has been rolled...


NewsBTC_Bitcoin Ransomware

State-Sponsored Chinese Hackers Deploy Bitcoin Ransomware En Masse No Comments

One of the most recent waves of Bitcoin ransomware attacks executed against US companies has been allegedly instigated by Chinese hackers. Although corporate espionage and hacking attempts between the US and China are nothing new, it is the first time a large-scale ransomware attack was initiated to get the point across. But this does not mean Bitcoin ransomware attacks will come to an end all of ...


Bitcoin Price Watch; Live Trade! No Comments

So today we’re going to mix things up a little bit and kick off this analysis with a chart. The one below shows action overnight in the bitcoin price, and illustrates a long trade that signaled entry during early Asia, and one which we currently hold as a live position. As the chart shows, we got in on a break of the level we slated as in term resistance in yesterday’s second analysis, ...


Bitcoin Price Technical Analysis for 03/15/2016 - Trying to Break Free?

Bitcoin Price Technical Analysis for 03/15/2016 – Trying to Break Free? No Comments

Bitcoin Price Key Highlights Bitcoin price is still inside its descending channel on the 4-hour time frame but is testing the resistance again. Price just came off a test of the top of the channel but didn't get enough bearish momentum to make it all the way down to the bottom. Technical indicators are hinting at another potential drop. Bitcoin price is testing the channel resistance on...


Ethereum Price Technical Analysis

Ethereum Price Technical Analysis 03/15/2016 – Sell Target Achieved No Comments

Key Highlights Ethereum price moved down a couple of points as forecasted in yesterday’s post. The bearish candles as highlighted on the daily chart played well and pushed the price down towards the $10.50 as forecasted. There is a bullish trend line formed on the hourly chart (data feed via Kraken), acted as a barrier for the bears and preventing a downside move. Ethereum price moved...


arcade city ride sharing

Arcade City, Decentralized Disruption of Ride Sharing with Ethereum No Comments

Public transport involving taxi cabs are becoming more personal these days. Gone are the days when people were forced to go out on the street to hail a yellow or black taxi cab. Now, all one needs is a smartphone with the right application installed. The rise of companies like Uber, Lyft, Careem, Ola and others offering on-demand car for hire service has made using taxi cabs a convenient and pleas...


Now OpenCart Online Shops Can Add Bitcoin Payment. newsbtc bitcoin news

BIP75 to Improve Bitcoin Payments Protocol No Comments

Bitcoin has grown into a promising payments platform which is being increasingly adopted by both big and small-time e-commerce players. There are select brick and mortar shops too which accept bitcoin payments for goods and services sold. As people become familiar with the concept of bitcoin as a payment option, there is still some apprehension about using it for buying goods and services online d...


Dragon’s Tale – A Casino World of Mini-Games No Comments

Dragon’s Tale is a unique game, and the first of its kind. Dragon’s Tale was the first Bitcoin Casino game to offer its users the chance to play a role play game where they can complete tasks, engage the community and earn some real bitcoins. Dragon’s Tale developed a new gambling style, mixing an adventure style role play game with the joy of playing casino based games. One of the si...


Bitcoin Price Watch; Winding up for Volatility No Comments

In this morning’s bitcoin price watch piece, we outlined the range that we would be focusing on for the early morning session in the bitcoin price market, and noted that an element of indecision across the board (induced by the ongoing debate over the technical fundamentals of bitcoin and the blockchain) might stifle any sustained directional volatility – that is, at least, until one side of t...


NewsBTC_Central Bank Digital Currency Exposed

Exposing the Truth Behind Bitcoin Clones Issued by Central Banks No Comments

There has been a lot of talk about how central banks can beat Bitcoin by creating their own digital currency. While it may be typical consumers will be more eager to accept a digital currency issued and controlled by a central bank, there is no reason to think this concept will beat Bitcoin. In fact, it can't even be compared to Bitcoin at all, as both concepts are entirely different. Also rea...


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