The BitcoinTalk forum lost a third of its referrals from the bitcoin community in February, according to available traffic data from website analytics firm SimilarWeb. The old message forum was created by Satoshi Nakamoto in 2009. The very first bitcoin transaction was negotiated on the BitcoinTalk forum– 10,000 BTC...
Emerging markets and their respective currencies are on the rise, which historically has had some correlation with the price of Bitcoin. According to Morgan Stanley, the global emerging markets benchmark is expected to rise by around 8 percent in 2019, primarily due to the increase in interest in the...
Bitcoin (BTC/USD) found a Bid during yesterday’s North American session as Buyers pushed the pair to the 3875.33 level, just below the 23.6% retracement of the appreciation from 3655.00 to 3947.33. Bulls pushed BTC higher early in today’s Asian session, electing Stops above the 100-bar MA (4-hour) and 50-bar...
Bitcoin has struggled to cleanly break out of the $4,000 resistance level and remain above it for more than three months, staying in a tight range between $3,300 to $4,000.
If the dominant cryptocurrency fails to test $4,000 again and slips, traders foresee the Bitcoin price declining to the $3,300...
A unique characteristic of many upstate New York cities is their low energy rates. Hydroelectric dams along the St. Lawrence river give residents electricity so cheap that many even heat their homes with it. The region made perfect sense for crypto miners during the “gold rush” days of 2017...
A key market indicator shows that the Bitcoin price rally may be losing steam. According to Bloomberg, “Bitcoin’s Moving Average Convergence Divergence indicator has been steadily falling since mid-February.” MACD is a commonly used metric for technical analysis. When it diverges from the symbol, it means that a trend...
During the 2019 MIT Bitcoin Expo over the weekend, applied cryptography consultant Peter Todd was asked to share his thoughts on the new wave of more permissioned smart contracting platforms such as EOS.
“I think nearly all of them are terrible with atrocious technology that makes no sense,” Todd responded...
An untitled bill before the Texas legislature is just ridiculous. House Bill 4371, which is less than 500 words long, calls for people to “verify” the identity of senders before receiving cryptocurrency. The bill also introduces to Texas law a difference between “verified” digital currencies and non-verified ones. It...
The Court of Justice in São Paulo, Brazil, has recently ruled Banco Santander has to unfreeze the account of a local cryptocurrency exchange, Mercado Bitcoin, with over 1.35 million reals ($350,000) in it. This, after determining a “lack of regulations doesn’t make a criminal activity”. According to local news...
