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Month: June 2018

Bitcoin Cash Price Weekly Analysis: BCH/USD Facing Tough Resistance

Key Points Bitcoin cash price started a new upside wave from the $650 support area against the US Dollar. There are two bearish trend lines formed with resistance at $770 and $810 on the 4-hours chart of the BCH/USD pair (data feed from Kraken). The pair must break and settle above the $800 resistance zone

The post Bitcoin Cash Price Weekly Analysis: BCH/USD Facing Tough Resistance appeared first on NewsBTC.

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New Coinbase Pro Platform Off to a Rocky Start Amid Flurry of Criticism

Digital currency exchange Coinbase shuttered GDAX on June 29th and transitioned to Coinbase Pro. The new interface is marketed as an upgrade but has received a lot of initial criticism.   Coinbase has been very busy over the last few days. Responding to criticism about failures with their customer service, the exchange said on Thursday […]

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3 Reasons Bitcoin is Singing the Blues

The price of Bitcoin has been resting at around $6,000 recently — a disappointing 2018 low point. With so much talk and news coming out about cryptocurrency, many dejected investors are wondering ‘What is holding Bitcoin back?’ ‘Chain Gang Blues’ Bitcoin has had many great upgrades recently, especially with the addition of the Lightning Network […]

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Coinbase Opens New Office in Portland, Bids GDAX Goodbye

Coinbase has announced that it is opening an office in Portland, Oregon. According to a blog post on the company’s website, a variety of cities in the United States had been explored before settling on Portland. The West Coast city was picked based on the fact that it already had a vibrant blockchain community. At

The post Coinbase Opens New Office in Portland, Bids GDAX Goodbye appeared first on CCN

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Designer Drug Gang Busted; Police Recover $5.2 Million in Cryptocurrencies

Law enforcement in Spain busted a gang that sold designer drugs on the Dark Web that were primarily bought with Bitcoin and other cryptocurrencies. One of the ways that centralized financial institutions and the media throw FUD at cryptocurrency is by linking it to illegal activities. Such reporting brings on plenty of clicks, and the

The post Designer Drug Gang Busted; Police Recover $5.2 Million in Cryptocurrencies appeared first on Bitcoin Network, News, Charts, Guides & Analysis.

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South Africa’s Central Bank Sees Ethereum Blockchain Only as ‘Backup’

The South African Reserve Bank (SARB), South Africa’s Central Bank, has concluded a multi-bank project to test bank-to-bank payment transfers using the Ethereum based platform, Quorum. Project Khokha is a collaboration of eight South African banks including SARB, Absa, Capitec, Discovery, Investec, FirstRand, Nedbank, and Standard Bank. 70,000 Transactions in Two Hours The project used […]

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VeChain Thor Blockchain Launches, Token Swap to Take Place Mid-July

VeChain has officially launched its main network and the first block has been mined successfully. VeChain Mainnet Launches VeChain Thor is a blockchain platform aimed at driving enterprise businesses to use blockchain solutions. The main network launch was preceded by deploying the first authority master node. VeChain utilizes a Proof-of-Authority consensus algorithm, in which approved … Continued

The post VeChain Thor Blockchain Launches, Token Swap to Take Place Mid-July appeared first on CCN

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Women Across India Show an Increased Appetite for Bitcoin Investments

Most financial investing, including Bitcoin, is dominated by men. In India, it is very different as women are investing more money in cryptocurrencies compared to their male counterparts. Indian Women Embrace Bitcoin Recent research by BuyUcoin paints an interesting future regarding Indian cryptocurrency investments. The industry has seen tremendous growth, mainly thanks to women. More

The post Women Across India Show an Increased Appetite for Bitcoin Investments appeared first on Bitcoin Network, News, Charts, Guides & Analysis.

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Bitcoin, Gold-Backed Currency Can Coexist in Free Society: Ron Paul

Ron Paul, a former member of the U.S. Congress and a Distinguished Counselor to the Mises Institute, has called for the legalization of competition to the U.S. dollar and a debate over the future of fiat currency, precious metals, and cryptocurrency. Writing for the Mises Institute website, he claims the U.S. does not have a … Continued

The post Bitcoin, Gold-Backed Currency Can Coexist in Free Society: Ron Paul appeared first on CCN

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Abnormal Tether Price Moves on Kraken Leave Analysts Puzzled

Massive trade orders on Kraken fail to sway the price of Tether any further than modest ones, leaving researchers and analysts puzzled. Unlikely Coincidences “USD-backed” Tether (USDT) is making headlines yet again for the dubious activity surrounding the token. A report from Bloomberg today details evidence that Tether markets on the US-based Kraken exchange are […]

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Envion ICO Scandal: Court Rules in Cryptocurrency Mining Firm Founders’ Favor

Since our last article on the unfolding situation with the deadlocked Envion ICO, a group identifying themselves to CCN as Concerned Envion Investors have been working to produce evidence that CEO Mathias Woestmann snatched the company from the founders and falsified documents to seal the deal. Now they claim to have that evidence. The case … Continued

The post Envion ICO Scandal: Court Rules in Cryptocurrency Mining Firm Founders’ Favor appeared first on CCN

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