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Bitcoin Price Watch; Here’s What’s On This Morning

Things have been pretty volatile overnight in the bitcoin price and we are heading into the session today (Tuesday, European morning) with a degree of uncertainty as to how things are going to play out moving forward. It’s not that we have seen any large-scale price moves or anything like that, but there seems to be a battle going on between the bulls and bears and this sort of consolidation act


Demand For Bitcoin in Venezuela is Increasing at an Exponential Rate

Carpe Noctom, a cryptocurrency expert and Altcoin Exchange advisor, revealed that the demand for Bitcoin in Venezuela is increasing at an exponential rate.no coincide that OTC #bitcoin vol #Venezuela rising fast pic.twitter.com/Q2wYdD3SVl— #6kMoku (@CarpeNoctom) October 16, 2017Since June, within a three-month period, the trading volume of LocalBitcoins Venezuela has quadrupled, from around 9 bi


Cathie Wood Claims We Will See an Approved Bitcoin ETF Once Regulation Is in Place

Bringing Bitcoin to institutional investors has proven to be a challenge. More specifically, there are no official ETFs which gained regulatory approval so far. According to Cathie Wood, CEO of ARK Investment Management, that is only a temporary trend. However, she is confident we will see an approved Bitcoin fund before an ETF. That is a rather interesting statement, to say the very least. Everyo


BANKEX Developed Plasma-Like Protocol in 36 Hours at World’s Largest Ethereum Hackathon in Waterloo Mentored by Vitalik Buterin

ETHWaterloo, the world’s largest Ethereum hackathon, concluded this weekend, on October 14th and 15th, in Waterloo, Canada. It turned out extremely informative and fascinating, and it demonstrated how much Ethereum has grown. Consider these facts: there are 50 thousand Ethereum developers in the world, 63% of central banks work with the technology, and, in 4 years of Ethereum, its cap is $30B.Et


General NotesUSD remains firm across the boardNEOUSD TECHNICAL ANALYSISFigure 1: NEOUSD Daily Chart for 17.10.2017Weak price movement and horizontal consolidation continues as bears and bulls size each other up. As a matter of fact, bull volumes remain muted for the second day in a row with price action stuck within a tight $4 range inside Sunday’s Hi-Los. The resistance trend lines drawn from 0

DASH/USD and LTC/USD Technical Analysis October 17 2017

Hello and welcome to News BTC’s Market Outlook October 17.[embedded content]DASH/USDDASH continues to be very choppy, but we did have a slightly positive session on Monday. It looks as if the $315 level is causing a bit of resistance though, and we may have some choppiness to get through in order to go much higher. Once we do, I suspect that the next target is going to be $322.50, which has prev

Bitcoin Price Technical Analysis for 10/17/2017 – Ascending Triangle Pattern

Bitcoin Price Key HighlightsBitcoin price is pausing from its strong rally, consolidating on the short-term time frames while waiting for more momentum.Price has formed higher lows and found resistance around $5800, creating an ascending triangle formation.Price is currently testing the triangle support and could be due for a move back to the top.Bitcoin price has formed an ascending triangle on i

Bitcoin Cash Price Technical Analysis – BCH/USD Neutral Above $300

Key PointsBitcoin cash price is holding the $300 support against the US Dollar and is trading in a range.Yesterday’s highlighted contracting triangle pattern with current resistance at $323 holds the key on the hourly chart of BCH/USD (data feed from Kraken).The price is likely to remain in a small range before making the next move, probably above $325.Bitcoin cash price is consolidating above $


Robert Shiller: “Bitcoin is a Fad” but “I’ll take Bitcoin”

Nobel Prize-winning economist Robert Shiller appeared on CNBC’s “Closing Bell” earlier today. During the interview he commented on the “strange enthusiasm” people seem to have for Bitcoin but ultimately sums up the cryptocurrency up as a “fad”, comparing it to the phenomena of bimetallism.For those unaware, bimetallism refers to a trend that occurred in the late nineteenth century. P


Ethereum-Based Trading Platform Airswap Working with Mike Novogratz

Mike Novogratz, former hedge-fund manager at Fortress, will advise on new token-exchange platform AirSwap. Based on the Ethereum network, the project aims to provide users a digital coin swapping service. The idea to is to match buyers and sellers in a model similar to CraigsList, or GumTree in the UK. Novogratz told CNBC that he was:… fascinated to see the next wave of innovation in decent