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Month: November 2016

Bitcoin’s Black Friday Finds its Niche Outside the Mainstream

While momentum for bitcoin as a consumer payment method has waned, Bitcoin Black Friday is still attracting attention from merchants its fifth year on. The event, a bitcoin version of the usually aggressive, post-Thanksgiving shopping spree, started in 2012 as what its founder Jon Holmquist calls “a half-baked idea”. But that impromptu first year has blossomed […]

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WikiLeaks Receives over $2.9 Milllion in Bitcoin Donations So Far

The decentralized nature of Bitcoin makes it independent of conventional banking and payment systems. The very reason led to WikiLeaks adopt cryptocurrency payments as the main donation option on its website. The whistleblower site created by Julian Assange has the habit of constantly finding itself in the bad books of the governments, which in turn … Continue reading WikiLeaks Receives over $2.9 Milllion in Bitcoin Donations So Far

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Bitcoin Price Watch; Here’s What We’re Looking At Right Now

OK, here we go. A fresh morning’s trading out of Europe, and plenty to go at given overnight action in the bitcoin price. In yesterday evening’s analysis, we noted that price had remained relatively flat throughout the majority of the European session on Monday, and that we might see a bit of volatility in the … Continue reading Bitcoin Price Watch; Here’s What We’re Looking At Right Now

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Ethereum Classic Price Technical Analysis – ETC/BTC Remains In Trouble

Key Highlights Ethereum classic price failed to recover yesterday against the Bitcoin and declined below 0.00100BTC. This is a contracting triangle pattern formed on the hourly chart (data feed via Simplefx) of ETC/BTC, which may provide us the next break. The price is at a major risk of additional downsides, and may even break the … Continue reading Ethereum Classic Price Technical Analysis – ETC/BTC Remains In Trouble

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Ethereum Price Technical Analysis – ETH/USD at Continued Risk of Weakness

Key Highlights ETH price continued to move down against the US Dollar and Bitcoin, as buyers failed to show up. Yesterday’s highlighted bearish trend lines on the hourly chart (data feed via SimpleFX) of ETH/USD are still in play and acting as a resistance. There is a risk of a breakdown in ETH as long … Continue reading Ethereum Price Technical Analysis – ETH/USD at Continued Risk of Weakness

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