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Bitcoin is eyeing change of fortunes above $6,800, having convincingly scaled a key moving average hurdle earlier today. At press time, is changing hands at a six-day high of $6,600 on Bitfinex – up 3.44 percent on the day.

At press time, BTC is changing hands at a six-day high of $6,600 on Bitfinex – up 3.44 percent on the day. For instance, prices rose above $6,300 on Saturday, but trading volumes fell to $2.92 billion, the lowest level since November 7, according to CoinMarketCap. However, the solid move above the 20-day moving average дальше »

2018-7-16 19:39


Bitcoin’s corrective rally is struggling to gain momentum as trading volumes drop to the lowest levels since late last year. The leading cryptocurrency remained bid over the weekend as expected, courtesy of Thursday’s strong reversal from

The leading cryptocurrency remained bid over the weekend as expected, courtesy of Thursday’s strong reversal from the two-week lows. However, so far, the break above $6,400 has remained elusive, likely due to low investor interest. дальше »

2018-7-16 16:16


Bitcoin Price Analysis – Bullish Golden Cross on the Hourly?

$6400 was acting as a significant resistance level for Bitcoin’s price, however, over the last hour, the price has managed to break to the upside and is currently trading above the $6500 level. The move up over the last hour was on significant volume showing there is some weight behind the move which contrasts heavily with […] Bitcoin Price Analysis – Bullish Golden Cross on the Hourly? was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-7-16 15:04


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PoWx Seeks to Change Bitcoin Mining with “Optical PoW”

Nonprofit organization PoWx has launched this week with the goal of boosting the idea behind proof of work (PoW) through more innovative algorithms. The company is seeking to decentralize Bitcoin mining and make it more accessible to consumers through a new technology that executives have dubbed “optical PoW” — a new type of hardware that utilizes a more advanced and energy-efficient form of laser technology as the cornerstone of mining. дальше »

2018-7-14 01:04


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‘Intense’ Bitmain Lobbying Forcing Smaller Bitcoin Miners Out of Quebec

A month after authorities in Quebec lifted a moratorium on allowing Bitcoin miners, local businesses have begun threatening to leave suspecting unfair policies. ‘Very Saddened’ In a series of tweets June 28, D-Central founder Jonathan Bertrand claimed that due to conflicting interests and agendas at government level, as well as an “intense lobbying effort” from the world’s largest mining corporation Bitmain, had left smaller participants “completely stunned. дальше »

2018-7-4 17:00


Can Bitcoin and Other Cryptocurrencies Bounce back within the Moment Half of 2018? – TheStreet.com

The bellwether cryptocurrency recently hit a low for 2018, dipping below $6,000 but has made a strong showing so far in July, rising to the $6,600 level. What does this mean for cryptocurrencies’ attempts at recovery in the coming season? Rod Turner, CEO of Blockchain crowdfunding platform Manhattan Street Capital, predicts “crypto investor interest will rise for дальше »

2018-7-3 22:09


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Kick off the second half of 2018 at a rally in Bitcoin -. Com

Last week, bitcoin skidded to its lowest level since November, under $6,000, which traders attributed to CME futures contracts expiring and overall lackluster interest from new buyers. The world’s largest and first cryptocurrency has struggled from that lack of enthusiasm, and prices have dropped 52 percent since January, according to CoinDesk. Still, bitcoin is up дальше »

2018-7-3 08:55


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Bitcoin kicks off moment half of the year with a 12% rally

Last week, bitcoin skidded to its lowest level since November under $6,000, which traders attributed to CME futures contracts expiring and overall lackluster interest from new buyers. The world’s largest and first cryptocurrency has struggled from that lack of enthusiasm, and prices have dropped 52 percent since January, according to CoinDesk. Still, bitcoin is up дальше »

2018-7-2 20:05


Bitcoin Technical Analysis July 2, BTC Price Up 3.5% in Last 24 Hours

Week over week, Bitcoin prices are showing signs of recovery. Though modest, it’s up two percent and finding support at the psychological $6,000 level. This price tag is important because it marks 2018 lows and should there be any break below then sellers are likely to drive prices towards $3,000 as mentioned before. Bitcoin (BTC) […] дальше »

2018-7-2 19:47


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Bitcoin Price Analysis: New Low on Low Volume Breeds Potential Bullish Set-up

Bitcoin sits precariously perched at the bottom of the annual market low and many bitcoin investors aren’t sure what to make of it. Although the market seems to be continuing its drift to new lows with greater and greater ease, there are a couple of bullish signals worth considering while the market continues to consolidate: Figure 1: BTC-USD, Daily Candles, New Market LowOn Friday, June 29, 2018, for the first time this year, the daily candles closed below the annual low of $6,000s. дальше »

2018-7-1 19:35


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Bitcoin’s Bear Market May be Brutal but It Isn’t Its Worst Crash

Bitcoin fell to $5,845 today, its lowest level against the dollar since October, and down from the December record high of more than $19,000. Regulators in the US and Japan are increasing their scrutiny on trading venues on concerns over money laundering and market manipulation (paywall). While the latest price decline isn’t yet as severe дальше »

2018-6-30 23:41


Bitcoin (BTC) Falls Back To Demand Zone, Failure To Hold Support Might Trigger Significant Sell Off

Bitcoin (BTC) is presently in a do or die situation. The price has once again plunged below $6,000 and is now trading just above the previously held $5,800 level. If the price falls below $5,800 and stays below $5,800 for the next few days, it will invalidate a bullish bias and may lead to a long term bear market. дальше »

2018-6-29 17:05