Bitcoin Price Watch; Deconstructing Today’s ActionIts that time again – that’s right, time for the second of our twice daily bitcoin price watch articles, and for us to take a look at how action during the European session today is going to influence our strategy for this evening’s session out of the US... read more
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Arctic15 Is around the Corner, Presents an Ideal Opportunity for Bitcoin StartupsArctic15, the Startup and Entrepreneurship conference of the year is just a week away. The two-day conference aims to promote entrepreneurship by providing a platform for all the stakeholders in the global startup ecosystem to meet in one place. Bitcoin and its underlying technology has been around for a bit more than 7 years. However, the digital currency did not become popular until late 2012. Once people started getting to know about Bitcoin, within months’ businesses built around this technology started cropping up. These prolific businesses were not part of big tech conglomerates or banking and financial giants, but startups... read more
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A Brief History of Bitcoin and Bitcoin MiningBitcoin has taken the world by storm. Designed to be an instrument for peer-to-peer fund transfer, bitcoin gains its popularity due to its decentralized and open source nature. Unlike other fiat currencies, bitcoin doesn’t need a central authority like a bank or some other government or a private institution to facilitate the transaction of funds from one person to another... read more
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PayPal Killing Apps on Mobile Platforms Is A Bitcoin OpportunityPopular online payment method PayPal is removing their mobile app from various operating systems. Windows Phone, Amazon, and BlackBerry will no longer be supported as of June 30, 2016. It is not a complete surprise to see PayPal pull their apps from various platforms, albeit it is a brash decision. Windows Phone and BlackBerry have never been a big mobile market for PayPal, though. However, abandoning Amazon’s Fire OS – a fork of Android – is quite a surprise, considering the popularity of the Kindle Fire tablets... read more
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Bitcoin Price Watch; Switching up the time framesWe are going to start off this morning’s analysis with a daily chart. It’s little more expansive a time frame than we normally focus on, but it offers us some insight, so it’s worth looking at quickly. As the chart below shows, action in the bitcoin price has, over the last few weeks, formed something of a triangle at the end of an upside run. We are going to use this triangle to help form our bias today – specifically, a break of the triangle’s outer perimeters (in either direction) will dictate our medium to long-term bias in the bitcoin price... read more
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Bitcoin Price Technical Analysis for 05/26/2016 – Short-Term SelloffThe 100 SMA is starting to cross above the longer-term 200 SMA, which suggests potentially stronger buying pressure. If so, bitcoin price could land back above the rising trend line and carry on with its climb. Stochastic, however, is on the move down and indicating that sellers are taking control. In that case, bitcoin price could have room to head south until the next area of interest around $450. This is also near the moving averages, which might hold as dynamic support levels... read more
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Japan’s Diet Introduces Bill to Regulate Bitcoin ExchangesJapan will soon have new regulations governing the Bitcoin industry as the Japanese parliament. Diet, the country’s bicameral legislature, approved a bill on regulation of virtual currency exchanges. The bill calls for a revision of the existing fund settlement laws originally designed for fiat currencies to accommodate Bitcoin and other digital currencies. By doing so, the government intends to offer better protection to digital currency users in the country... read more
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Can Blockchain Bring Trust Factor to Digital Identity Concept?Digital identity if quickly becoming the new buzzword, as the topic was touched upon during the recent ID2020 conference. However, there are a lot of concerns regarding this initiative, as the big que... read more
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Bitcoin Price Watch; More Upside to Come?It’s been a good few weeks since we have had some long-term sustained upside momentum in the bitcoin price. Action this month so far seems to have been relatively choppy, and our breakout strategy – whilst somewhat effective – has given us a bit of a hard time. A few stop loss hits here and there have affected our end of week bottom line, and we have had to resort to both our intrarange approach and a scalp strategy when action has been flat. This week, however, we have seen just the type of action we like when it comes to the smooth application of our breakout approach in the bitcoin price markets... read more
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New Spanish Payment Platform Bitnovo Allows Customers to Access Funds Directly from Their Bitcoin Wallet Using Debit Card The Spanish Bitcoin payment platform Bitnovo continues to exhibit impressive growth since the launch 6 months ago. The startup is quickly establishing itself as one of the favorite selections among Spanish and English speaking Bitcoin users. Bitnovo offers a great selection of payment methods like card payments, Skrill, Sofort and bank transfers without compromising security; making it a user-friendly option for novice and experienced Bitcoin users alike... read more
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The Initial Coin Offering OpenLedger ‘ICOO’ Extends Support to Future ICOs in Order to Empower the CommunityAs a part of the new offering, the Danish cryptocurrency platform, CCEDK, and OpenLedger have announced the crowdsale of its Initial Coin Offering OpenLedger (ICOO) crowdsale, starting May 20, 2016. The crowdsale will go on for a duration of 42 days, allowing people to buy ICOO tokens for its new Economic Enterprise Engine – Crowdfunding 3.0 initiative... read more
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Copa America is going to start!
Tomorrow there is a very good game to bet on: USA v Ecuador
I guess USA will win this game, but I do believe we will see a lot of goals. I'm betting in more than 3,5 goals, and I think there will be even more.
What are your guesses?
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Urdubit Bitcoin Exchange Partners With BitwageWhen two businesses active in the world of Bitcoin decide to form a partnership, there is a general buzz of excitement in the air. While the agreement between Urdubit and Bitwage may seem a bit strange on first sight, there is a big market for the service offered by both companies. In Pakistan, where Urdubit is active, there is a large community of freelancers who want to get paid in a frictionless manner. Bitcoin presents an attractive solution in this regard, as the transaction fees are minimal, and users can convert Bitcoin through the Urdubit platform. With more than 180 million people living in Pakistan, this is an enormous market for cryptocurrency with a lot of potential... read more
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Cryptocurrency Market for Bitcoin Worth $19.48 Billion in 2016When looking at the cryptocurrency market as a whole, this movement is becoming quite popular and keeps increasing in value. Not all of that value – US$19.481 bn – stems forth from the Bitcoin price itself, but also the companies active in this space... read more
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Fintech Career Virtual Summit Kicks Off TomorrowThe Fintech Career Virtual Summit is about to begin! The three-day event will start from tomorrow, the 25th of May 2015, and go on until the 27th, streaming over 15 cryptocurrency experts including NewsBTC representative Andrew Wagner. Bitcoin and its underlying blockchain technology have disrupted the financial sector by offering decentralized ways to conduct instant transactions across borders, satisfying... read more
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3 Signs You Might Just Be A Super EntrepreneurWhile you may not be able to get your hands on an AI application like Jarvis right away, you can start with a robust platform like cloud computing—because it will enable you to do much more than an on-premise computer. You can, for example, use it to build a website, rent the best software in your field using SaaS, enjoy almost unlimited storage and outstanding system resources, and collaborate with outsourced teams around the world... read more
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Bitcoin Price Watch; Let’s Get Some Action!In yesterday’s analysis, we commented on the relatively slow week we had seen in the bitcoin price last week, and noted that – in response to the little bit of volatility we saw over the weekend – we expected some decent momentum to come our way during Monday’s session. As things turned out, we did see some momentum; not quite as dramatic as we’d hoped for, but momentum nonetheless, and we managed to get in and out of the markets for a quick profit on the European session action... read more
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Bitcoin Price Technical Analysis for 05/24/2016 – Retracement Opportunity!The 100 SMA is above the 200 SMA for now but the moving averages have inched close together, indicating that a downward crossover is looming. This could be interpreted as a signal for more sellers to short bitcoin, taking it back down to the recent lows around $437. In addition, the moving averages could hold as dynamic inflection points, possibly holding as resistance up to the $450.50 mark. A descending trend line can be drawn to connect the latest highs of price action since May 5, with the falling resistance level coinciding with the area of interest... read more
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Blockchain App Platform Lisk Expands Its Team and Hires Well-Established PR Agency `Transform PR’As Lisk prepares for the main network launch in the coming days, the company has added two new developers to its team. The platform has also hired the services of Transform PR to handle its public relations during the launch and after. Isabella Dell and Francois-Xavier Thoorens are the latest members to join the Lisk team after Joel Fernandez, who joined the founding team as the Lisk Community Manager by the end of March. The Lisk team now has five people including Max Kordek and Oliver Beddows... read more
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What role will Bitcoin play in the evolution of stock markets?Compared with academic research carried out in previous years you may have noticed that many scholarly papers in 2016 have so far focused on analyzing Bitcoin’s potential future role, and in some cases examined user experiences of Bitcoin security and privacy [See: Krombholz, Judmayer, Gusenbauer and Weippl (2016); SBA Research, Vienna, Austria]... read more
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