Monthly Archives: October 2017

Understanding Segwit2x: Why Bitcoin’s Next Fork Might Not Mean Free Money

Bitcoin is gearing up for what could be the biggest (and least understood) change to its software to date. Often called simply a “digital currency,” bitcoin is best viewed as a protocol (a set of code) that delivers data (in this case bitcoins) in defined quantities (called blocks) that are then stored in a sequence […]

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Bitcoin Cash Price Technical Analysis – BCH/USD To Correct Lower

Key Points Bitcoin cash price failed to hold an important support area at $440 against the US Dollar. This week’s highlighted bullish trend line with support at $440 was broken on the hourly chart of BCH/USD (data feed from Kraken). The price is currently below a bearish trend line with current resistance at $445. Bitcoin […]

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USD BULL PRESSURE YIELDS MIXED SIGNALS

After yesterday’s close, most alt coin candlesticks closed as bears after sustained USD bull pressure. Alt coin prices are moving towards support today’s candlestick will likely determine our short term trend. Let’s review alt coin price action: ALT COIN LSK PRICE ACTION ANALYSIS LSKUSD Daily Chart for 01.11.2017After 24.10.2017 bullish thrust, alt coin LSK has […]

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Ethereum Price Technical Analysis – ETH/USD Extends Decline

Key Highlights ETH price failed to hold an important support and traded towards $301 against the US Dollar. Yesterday’s highlighted short-term bullish trend line with support at $305 was broken on the hourly chart of ETH/USD (data feed via SimpleFX). The price is currently holding the 100 hourly simple moving average at $300.80, but remains […]

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SportyFi Boasts an Impressive Roster of Sports Advisors

Jeff Francis · October 31, 2017 · 2:45 pm SportyFi has assembled an amazing team of professional, world-class athletes to serve as advisors to the upcoming blockchain-based, decentralized sports ecosystem. [Note: This is a sponsored article.] For many people around the world, sports is an integral part of their lives. Young athletes dream of becoming […]

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Paul Manafort is probably asking himself why he didn’t use bitcoin

LONDON (MarketWatch) — Have you heard about the $100 billion venture to make sure future Paul Manaforts get away scot-free? It’s called bitcoin. The digital currency, along with its competitors, is specifically designed to create “dark money” webs outside of the control or oversight of governments. Right now it’s booming like mad. The world’s stock […]

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Bitcoin Price Captures Another All-Time High Surpassing $6,400

Markets and Prices The price of bitcoin has reached another all-time high this week touching an average of $6,420 across popular exchanges. The decentralized currency continues to rise upwards this year, the value of one bitcoin has climbed more than 500 percent in 2017. Also Read: Extreme Cold Storage: A Fortress of Solitude for Bitcoins The […]

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SEC Alleges Day Trader Used Bitcoin Hide Fraud Profits

The U.S. Securities and Exchange Commission (SEC) is suing a Philadelphia day trader for alleged fraud, claiming they used bitcoin to hide their profits. On Oct. 30, the SEC filed suit against Joseph Willner, accusing him of illegally taking over more than 100 brokerage accounts and using the victims’ funds to artificially inflate stock prices […]

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