Analysis of bitcoin price On the evening of the 25th of January, the bitcoin price had come back to the level of the week’s beginning. Just before this article was released, the price level of 2500 CNY and $380 ($375 in exchange tables) was tested at the market. Without responding to such expectation, we might see a reversal here – a return to a temporary progression and later coming back to the same level, set as a new support level at about $380 and 2500 CNY. The changes in price remind of a similar return which took place in the middle of April 2015. That time it was accompanied by some sideways consolidation. In case this increase continues for the medium-term, we will probably see respective changes at the end of week http://www.financemagnates.com/cryptocurrency/bloggers/where-is-the-price-of-bitcoin-headed/ |
|
|
|
Bitcoin Price Key Highlights Bitcoin price had previously been trading inside a symmetrical triangle pattern, with bulls and bears unable to pick a clear direction. Price finally broke to the downside, driven mostly by dollar rallies during the FOMC statement. From here, bitcoin price could see further declines, probably leading up to a test of the support at $300. As predicted in the previous article, a breakout was looming for bitcoin price. It decided to take the southbound route, as bears gathered enough strength to push below the triangle support. http://www.newsbtc.com/2016/01/28/bitcoin-price-technical-analysis-for-28012016-bears-taking-charge/ |
|
|
|
It seems that every day we get news that a leading financial organization is getting involved in the bitcoin and blockchain space. Last week it was the Australian Securities Exchange; the week before that it was the Chinese government; yesterday, Greg Medcraft, the head of the International Organization of Securities Commissions (Iosco), weighed in on blockchain adoption. Today, the trend continues. We’ve just learnt that the Bank of America Corporation (NYSE:BAC) has filed for a fresh batch of patents in the blockchain space. http://www.newsbtc.com/2016/01/28/boa-stakes-blockchain-claim-with-yet-more-patents/ |
|
|
|
French Federal Finance Minister Wolfgang Schaeuble and former minister of social affairs Michel Sapin have proposed a set of financial measures to the European Commission, to urge the control of bank accounts and digital currencies. Over the past few months, European nations including Germany and France have begun to express their concerns towards the “anonymity” of digital currencies such as Bitcoin and Ripple, and their involvement in “financing of terrorism.” Due to the increase in the use of bitcoin in purchasing illicit goods on the dark web and hacking attacks, Germany and France have been pressuring the EU Commission to implement improvised policies to control electronic and anonymous payment systems. http://www.newsbtc.com/2016/01/28/france-and-germany-to-strengthen-control-on-bitcoin-and-ripple/ |
|
|
|
Gemalto And Symbiont Create A More Secure Platform Some people may have heard the name Gemalto before, as this company is publicly traded on Euronext and serves customers in over 180 countries around the world. The bread and butter of Gemalto is establishing an element of trust between parties active in the digital world. Obtaining full freedom – regarding finance, lifestyle, and otherwise – is not an easy task, especially not where the Internet is concerned. http://www.newsbtc.com/2016/01/28/symbiont-partnership-with-gemalto-brings-smart-securities-to-traditional-finance/ |
|
|
|
Mainstream media has never been keen on Bitcoin and digital currency unless they were able to spread misconceptions or create negative press that was based on speculation. The popular digital currency has seen various iterations of attacks by mainstream media throughout the years, but journalists are quickly running out of ammunition. If these same writers decided to learn about Bitcoin, rather than spreading rumours and half-truths, things would look very different today. Don’t Believe Everything The Media Tells YouOne golden rule of thumb to remember at all times is never to believe everything you read, hear or see. This phrase is valid for mainstream media, the Internet, and even real-life occurrences. There are plenty of people in the world who have a hidden agenda, and they will do everything they can to discredit certain things to their own advantage. http://www.newsbtc.com/2016/01/28/bitcoin-does-not-fit-the-hidden-agenda-of-mainstream-media/ |
|
|
|
During their introduction at this week's Distributed Ledger Challenge in New York, Santander InnoVentures managing partner Mariano Belinky and Banco Santander R&D chief Julio Faura spoke at length about the bank's interest in the blockchain and how it believes the technology can significantly reshape how it does business. http://www.coindesk.com/santander-blockchain-talk-action-2016/ |
|
|
|
We’ve had a number of positive fundamental developments in the bitcoin space over the last couple of weeks – specifically relating to financial institutions pitching a stake in blockchain technology. The bitcoin price has reflected this, with these developments translating to some considerable volatility. Of course, we like volatility whether it’s upside or downside – from a short term perspective at least. Longer term we’d prefer our holdings to appreciate in value, but if we get a bit of downside short to medium term, our intraday strategy is set up to allow us to draw a profit from the market. http://www.newsbtc.com/2016/01/28/bitcoin-price-lower-recovery-ahead/ |
|
|
|
The clouds of misconception and skepticism around bitcoin were so dark in the initial years that it hid the genius behind it. In trying to understand bitcoin, it brought into the spotlight the technology that underpins it - the blockchain. During the World Economic Forum at Davos, Christine Lagarde, Managing Director, International Monetary Fund spoke about virtual currencies and released a paper titled “Virtual Currencies and Beyond: Initial Considerations.” The paper examines virtual currencies as well as blockchain. It reads, “VC schemes and distributed ledger technologies can strengthen financial efficiency by facilitating peer-to-peer exchange while reducing transaction times and costs, especially across borders...Beyond payments systems, distributed ledger technologies have implications for a wide range of markets and financial market infrastructures as a fast, accurate and secure record keeping system, including for stock exchanges, central securities depositories, securities settlement systems or trade repositories.” http://www.nasdaq.com/article/how-the-blockchain-is-being-used-beyond-bitcoin-and-finance-cm571563 |
|
|
|
Blockchain technology can disrupt and radically change the legal and financial fields. This is the prediction of Alec Ross, former innovation adviser to Hillary Clinton when she was U.S. Secretary of State, in his new book "Industries of the Future". In an interview with Sue Troy published in SearchCIO, Ross said that blockchain technology has the potential to remove "enormous amount of friction" in legal and financial processes, as well as other transactions by removing third-party involvement from legal and financial transactions. Blockchains can potentially eliminate gatekeepers, middlemen and trust from transactions. This will speed up legal and financial transactions and will lower costs of these transactions. http://www.lawyerherald.com/articles/30287/20160128/blockchain-technology-radically-change-financial-legal-fields.htm |
|
|
|
The bill, HR552, introduced last year by New Hampshire State Representative Eric Schleien (R), was voted down this month by a vote of 264 to 74. The bill would have required the state’s treasurer to “develop an implementation plan for the state to accept bitcoin as payment for taxes and fees.” Bitcoin first appeared on the global currency scene in 2009. Bitcoin is a digital currency which means that you don’t rely on an exchange of paper for transactions and there is no centralized bank that records your transaction: instead, bitcoins are stored in a digital “wallet” which can be found on your computer. You spend bitcoins just as you would dollars on everything from shopping for a sofa on Overstock.com to booking a vacation on Expedia. http://www.forbes.com/sites/kellyphillipserb/2016/01/28/legislature-says-no-to-bitcoin-tax-payments/ |
|
|
|
Before the collapse of Ore-Mine I would say invest. Now I am not that sure anymore about investments runned by unknown people with only a virtual name available. Will think twice before I invest again in such risky investments.
each investmen use ponzi scheme will be dead, better to invest atyour trading skill you can earning more with trading if you have good skill |
|
|
|
bot earn much today only get 50000 satoshi from claim some faucet  like the coment above of you i think better to be tyeper capta than you earning from faucet you can earning 0.01 in 3hours |
|
|
|
The federal government of the United Kingdom and the Government Chief Scientist Mark Walport will be investing in the blockchain technology to analyze the potential of its application in the conventional finance sector. The blockchain technology, also known as the distributed ledger technology enables anyone on the network to securely settle transactions and the transfer of assets with substantially low costs. Over the past few months however, an increasing number of firms and startups have begun to explore the potential of the blockchain technology as a distributed data sharing and storage platform. http://www.newsbtc.com/2016/01/19/uk-government-to-develop-a-centralized-blockchain-network/ |
|
|
|
It’s been a strange twenty-four hours in the bitcoin space. The fallout from the Mike Hearn debacle looks to have left the entire sector in a mode of uncertainty, and as bitcoiners wait to see how things play out, the bitcoin price is reflecting this uncertainty. Action over the last couple of days is reminiscent of the way other (more traditional) financial asset markets approach a macroeconomic event. Take a look at the action in the EURUSD over the last two ears for example, during the three or four days preceding a day on which markets expect the Federal Reserve in the US, or the ECB in Europe, to raise rates, or announce a pull back of quantitative easing programs. Similarly, and on a more condensed timeframe, check out the intraday action in the forex markets on any USD pair on the Thursday that precedes the first Friday of every month – non farm payroll day. Essentially we see a consolidation of bears and bulls, and a real tight range within which price is contained. Technical charting theory attributes this to a couple of things. First, that through the nature of uncertainty, there is a similar number of short and long positions in the market. Second, the rest of the market doesn’t want to take a position before a breakout that indicates a resolution of the deadlock. http://www.newsbtc.com/2016/01/19/bitcoin-price-tight-breakout-pending/ |
|
|
|
Bitcoin in last few years has welcomed thousands of developers and finance professionals to experiment with its technology. There is no doubt the invitation has been accepted with both hands, as we now can see many new ideas maturing digitally, ranging from remittance to blockchain applications. Bitcoin in last few years has welcomed thousands of developers and finance professionals to experiment with its technology. There is no doubt the invitation has been accepted with both hands, as we now can see many new ideas maturing digitally, ranging from remittance to blockchain applications. Despite all the new interpretations of Bitcoin code, there still has been one thing which most of the developers have ignored – to enable users to earn Bitcoin in a safe and secure environment. The launch of Bitalo, however, seemed to have fixed that void after all. http://www.newsbtc.com/2016/01/19/bitalo-simplifies-bitcoin-earning-launches-multi-service-platform/ |
|
|
|
Every financial regulatory body around the world seems to be trying to wrap their heads around Bitcoin and its underlying blockchain technology these days, and the Commodity Futures Trading Commission (CFTC ) in the United States is not immune to this trend. Simply defining bitcoin as an asset has proved to be a difficult task for many regulatory agencies around the world, as some claim it is a commodity while others view it as a currency . The CFTC ruled that bitcoin is a commodity in late 2015. https://bitcoinmagazine.com/articles/cftc-appoints-bitcoin-expert-first-meeting-will-have-blockchain-focus-1453228270 |
|
|
|
|
Show Posts
