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Month: May 2018

Bitcoin Cash Price Analysis: BCH/USD Facing Crucial Resistance

Key Points Bitcoin cash price continues to struggle to break the $1,040 resistance against the US Dollar. There is a major bearish trend line forming with resistance near $1,020 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair has to move above the $1,020 and $1,040 resistance levels to gain

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Bitcoin (BTC) Price Watch: Is That a Reversal Formation?

Bitcoin Price Key Highlights Bitcoin price could be due for a reversal as an inverse head and shoulders can be seen on the 1-hour chart. Price has yet to break past the neckline to confirm that an uptrend is in the cards. Technical indicators are showing signs of a return in bullish momentum. Bitcoin could

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Discovering Satoshi Nakamoto: Laszlo Hanyecz Says Bitcoin Creator was an Eccentric Character

Laszlo Hanyecz has provided some insight into the persona of Bitcoin creator, Satoshi Nakamoto. Hanyecz, who was the first person to use Bitcoin in a real-world commercial transaction described Nakamoto as an “oddball.” The identity of Satoshi Nakamoto remains a mystery till this day. A Bit of an Eccentric Fellow According to Hanyecz, worked pro bono as a developer during the early days of the Bitcoin project, Nakamoto was an eccentric fellow who regularly gave

The post Discovering Satoshi Nakamoto: Laszlo Hanyecz Says Bitcoin Creator was an Eccentric Character appeared first on Bitcoinist.com.

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Waves Addresses Wave of Fake News, Is Already Headquartered in Switzerland

Waves, a popular open-source blockchain platform that allows users to launch their own custom cryptocurrency tokens, has officially addressed the rumors and false information being published in regards to the alleged liquidation of the Waves legal entity registered in the UK. Fake News Contrary to many unfounded and incorrect reports currently being published in the cryptocurrency-focused media space, the Waves platform is currently not in any danger — quite the opposite, in fact. According to

The post Waves Addresses Wave of Fake News, Is Already Headquartered in Switzerland appeared first on Bitcoinist.com.

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4 Lies Your Economics Professor Will Tell You About Bitcoin

Stop trying to reinvent the monetary wheel with Bitcoin, argues Robert Skidelsky, a member of the British House of Lords and professor emeritus of political economy at Warwick University. [Note: This is an op-ed] Old Man Yells at Bitcoin In an article published last week, Skidelsky draws similarities between gold and Bitcoin, concluding that it’s incorrect to perceive flaws in money itself as the cause of “sick” economies. In other words, boom and bust cycles

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IBM Patents System That Creates Audited Blockchain ‘Checkpoints’

IBM has won two patents for a system that verifies the integrity of a blockchain, certifying that it has passed certain audit requirements at particular periods in time. Both patents were approved on May 31 and are related in that they describe certified, audit-able “checkpoints.” The main goal of the checkpoints is to allow businesses to

The post IBM Patents System That Creates Audited Blockchain ‘Checkpoints’ appeared first on CCN

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The Federal Reserve Places Bitcoin Cash at $1800– That’s Where We Fix Our Buy Targets: Bitcoin Cash (BCH) Price Technical Analysis (June 1, 2018)

In the last 24 hours, Bitcoin Cash has been scaling up the bull ladder. It’s up two percent and odds are, BCH prices shall continue appreciating in the days to come. Fundamentals are good and despite their full node migration problems after their hard fork, Bitcoin Cash continues to take root. BCH is now available

The post The Federal Reserve Places Bitcoin Cash at $1800– That’s Where We Fix Our Buy Targets: Bitcoin Cash (BCH) Price Technical Analysis (June 1, 2018) appeared first on NewsBTC.

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Acer Will Soon Strike A Deal with IOTA : IOTA, Stellar Lumens, Tron, Litecoin and EOS Price Technical Analysis (June 1, 2018)

Unexpectedly, Tron prices are dipping after mainnet launch. Given the marketing done by Justin Sun and the Tron Foundation, the markets are thirst for action. Savvy programmers on the other hand have something to cheer because should they find a flaw-like those in EOS- they are entitled to a $100,000 reward from Tron foundation. These

The post Acer Will Soon Strike A Deal with IOTA : IOTA, Stellar Lumens, Tron, Litecoin and EOS Price Technical Analysis (June 1, 2018) appeared first on NewsBTC.

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Crypto Startup Blockchain Hits 25 Million Wallets

Blockchain, the UK based provider of cryptocurrency wallets and services, has reported reaching a milestone of 25 million wallets this week, according to Yahoo Finance. Much of the growth has been in the US, where the company has rolled out bitcoin sales in recent months. Blockchain Registers 25 Millionth Crypto Wallet The significance of the

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Indian Billionaire Prashant Mehta Discusses SuchApp

This week Bitcoinist sat down with Indian billionaire Prashant Mehta, a founding member of the Monaco based Billionaire’s Society. Mr. Mehta, of India’s prestigious Mehta family, has decided to invest significantly in SuchApp, the world’s first blockchain messenger and all-inclusive 5G ecosphere. The Mehta family has offices in New York, London, Antwerp, and Mumbai and have been pioneers in the diamond industry for more than eight decades. Prashant Mehta has managed Hallmark Diamonds, the largest

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Mastercard Wins Patent for Blockchain-based Coupon Authentication System

Financial services giant Mastercard has won a patent for a system that uses blockchain technology to authenticate coupons. The patent, granted by the US Patent & Trademark Office (USPTO) on May 31, outlines a way for merchants to cut down on coupon fraud and more effectively issue targeted discounts to specific customers. The company first applied

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‘He Sounded Sincere To Me’: Jihan Wu Appears To Win Over Zcash’s Zooko

Zcash founding team member Zooko Wilcox-O’Hearn (known as Zooko) revealed he had spoken to Bitmain CEO Jihan Wu May 24, sparking contention among cryptocurrency commentators. Zooko And Wu Talk Bitmain In a blog post, Zooko recalled how he had discussed various current topics regarding mining manufacturer Bitmain and the controversy surrounding it. While not quoting Wu directly, the videolink conversation, which Zooko paraphrased, touched on the company’s reputation, including its decision to release an ASIC

The post ‘He Sounded Sincere To Me’: Jihan Wu Appears To Win Over Zcash’s Zooko appeared first on Bitcoinist.com.

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