Author: Wilma Woo

Bitcoin Price Under $10k As Big Resistance Triggers ‘A Few Days Of Bears’

Bitcoin price dropped below $10,000 again Thursday as analysis warns traders to prepare for “FUD” from detractors. $11,700 The Target To Beat Data from Bitstamp showed a sudden $500 dip over three hours, taking Bitcoin from around $10,300 to current lows of $9677. Having traded as high as $11,762 this week, markets appeared to encounter a lack of support closer to $12,000 Wednesday, creating a rapid drop and reversing gains which began around February 17. “We’re seeing some weakness; this is not good,” analyst Tone Vays told viewers during a Bitcoin weekly chart performance analysis Thursday. #Bitcoin Morning Brief...

Read More

Bitcoin Fees Sink to 6 Month Low, Undermining Bitcoin Cash

Bitcoin (BTC) transaction fees have dipped below than those of Bitcoin Cash (BCH), marking a blow to one of the hard fork’s central remits. Battle Of The Satoshis Data from monitoring resources Wednesday confirms the turnaround as BTC continues to see a drop in transaction fees not seen for six months. In terms of satoshis, the cryptocurrency’s smallest possible unit, BCH’s lower value means a transaction fee of 10,000 sat provides worse value than an equivalent 10,000 sat fee sent in BTC. The drop also marks a 97% decline to about $0.79 cents from the peak of $34 in USD...

Read More

Shibe Vibes: Dogecoin Hard Forks To ‘Dogethereum’ Later In 2018

News that Dogecoin had become a test asset for Ethereum’s inter-coin Rinkeby testnet has sparked a project aiming to hard fork it later this year. Dogecoin’s ‘Serious’ Year? Dogethereum (DOGX), which shares its name with the Rinkeby project known as Dogethereum Bridge, is looking to branch off from the Dogecoin chain in fall. This would constitute Dogecoin’s first ever hard fork. “Dogethereum is new decentralized digital currency, it will be founded on snapshot of popular Dogecoin, based on ETH algorithm with fastest speed of transactions, smart contracts,” developers describe on Bitcointalk Monday. “Our goal it to push Doge currencies...

Read More

South Korea to ‘Support’ And ‘Encourage’ Crypto Transactions – Regulator Chief

South Korea will “encourage” banks to interact with cryptocurrency exchanges, regulators have said in a surprising development in the country’s narrative. Choe: We Want ‘Normal’ Transactions As local news media outlet Yonhap News Agency reports Tuesday, Choe Heung-sik, governor of the Financial Supervisory Service, has announced government organs will “support” all legitimate transactions in the cryptocurrency trading space. The comments were delivered during a meeting which included representatives from South Korea’s exchange industry. The emphasis appeared to be on legal versus illegal transactions, with the promise of support “if normal transactions are made.” Choe’s hinting at a more open-minded stance from Seoul going forward forms part of a recent departure from lawmakers’ harsher words which caused public outrage in recent months. Since December, talk of an outright ban on cryptocurrency exchanges had metamorphosed into a ban on anonymous trading. This was then joined by plans to create a Japan-style exchange licensing system, constituting an about turn in the space’s legal prospects. Turbulence As Police Investigate Official Death Despite the rapidly-changing landscape, however, Yonhap notes the general atmosphere of confusion and hesitation on the part of exchanges themselves to embrace the current market. “Currently, local banks have been reportedly reluctant to open virtual accounts for cryptocurrency trading amid the government’s crackdown,” it adds commenting on the teething problems witnessed following the anonymous trading ban when it became law January 30....

Read More

Bitcoin Price: Will Bullish ‘Flip’ Finally Clear $11K Hurdle?

Bitcoin price has remained above $10,000 despite its rapid retrace over the weekend when market momentum suddenly fizzled out. Vays Hints At ‘Bullish’ Daily, Weekly Outlook After passing $11,000 in Sunday trading, BTC/USD peaked at $11,283 on Bitstamp before dropping $1500 in hours to hit a low of $9727. A correction took prices back over $10,000 where they remained into Monday, analysts predicting a ‘flip’ into bullish territory as Bitcoin’s most likely next move. “The daily [chart] remains bullish and the weekly wants to flip bullish,” Tone Vays told viewers of his latest online trading seminar released late Sunday....

Read More

Ellen DeGeneres Just Introduced Bitcoin to Her 3 Million US Viewers

Ellen DeGeneres has likened Bitcoin to a “digital goat” in an attempt to explain the digital currency in layman’s terms live on air. Ellen Viewers Learn Bitcoin, Wallets And Volatility In a segment of her popular television show this week, which averages almost 3 million viewers per episode, DeGeneres spent several minutes speaking about the non-physical nature of Bitcoin and wallets, as well as touching on volatility. “You’re probably thinking, ‘Ellen, if I can’t physically touch it, where can I keep my bitcoin? In a digital purse?’ which is a funny idea but it’s kind of true,” she explained....

Read More

Tim Draper: Why Would I Sell Bitcoin, The Future of Currency?

Venture capitalist and Tezos investor Tim Draper has said that a “very large portion” of the $86 trillion global currency market “will be crypto” in future. ‘Why Would I sell The Future For The Past?’ Speaking to Bloomberg on the current state of Bitcoin Thursday, Draper, who has long been bullish on its place in the future economy after making huge purchases, reiterated his commitment to stay invested. “I’m looking at it in a very different way because I think Bitcoin is the future currency,” he told hosts when asked whether he agreed Bitcoin could soon trade below $1000....

Read More

Bitcoin Price Battles $10,000 Resistance as Analysts Urge Caution

Bitcoin price gained 12% in the 24 hours through Thursday to approach $10,000 once again, but analysts warn of strong resistance. Big Targets And ‘Secular Bull Markets’ As Bitcoin added almost 40% in February from lows of under $6000 in some markets, Max Keiser led cautious optimism, celebrating what he called the end of “secular bull market.” “$28,000 in play,” he wrote on Twitter late Wednesday, adding that he thought Bitcoin’s “break through $10,000 will usher in a new burst of news coverage and a fresh wave of buying.” Altcoins broadly followed suit as BTC rose, with Litecoin making...

Read More

New App Links Coinbase With Lightning Network as Frustration Continues

A new Blockchain app seeking to introduce Lightning Network compatibility for Coinbase users has debuted its alpha demo. Could Coinbase Users Get Lightning? Lightning Ramp acts as a middleman service, allowing users of major exchanges to benefit from Lightning Network improvements in transaction fees and faster processing times. As Lightning gains huge mainnet traction among the Bitcoin community, currently operating almost 2000 channels, demand from users for better transaction experiences on Coinbase in particular also continues to grow. While the largest US exchange and wallet provider promised SegWit functionality will appear “within weeks,” users were previously far from being...

Read More

Alliance Shift? ShapeShift Apologizes After ‘Bitcoin Core’ Blunder

Instant cryptocurrency conversion platform ShapeShift was forced to apologize Tuesday after it referred to Bitcoin as “Bitcoin Core.” Voorhees: ‘It Was A Mistake’ The mislabelling, which repeated across ShapeShift’s social media suite, came as it announced a partnership with Roger Ver’s Bitcoin.com to enable the resource’s wallet users to switch between Bitcoin (BTC) and Bitcoin Cash (BCH). The rivalry between Bitcoin and Bitcoin Cash proponents has continued in 2018, with the latter, in particular Bitcoin.com CEO Ver, claiming the hard fork to be the ‘real’ Bitcoin. Bitcoinist reported Tuesday that Microsoft had come out in criticism of on-chain Bitcoin...

Read More

Free Price Analysis Tools

  • Bitcoin9829.43
    1h %
    0.3%
    24h %
    -8.92%
    7d %
    -3.04%
  • Ethereum807.303
    1h %
    1.1%
    24h %
    -6.02%
    7d %
    -13.65%
  • Click here for more price analysis tools & charts, and more currencies

    Beginner’s Course & Quick Guide

    Free Masterclass

    Discover The Future Of Money, In Detail

    In this free masterclass, discover:
    • Best Bitcoin & Cryptocurrency Investment Strategies (And The Wonderfully Shocking Future Outlook)
    • Why Cryptocurrencies Will Someday Replace“Normal” Money Completely
    • How The Biggest Transfer Of Wealth In World History Will Happen Soon (Are You In Or Out?)
    Click here to get started, its free!

    Free Your Mind: Redefine & Demystify “Money”

    Free Webinar

    Free Masterclass