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Korean Regulation Fails to Shake Bitcoin Market But Could Wipe Out Some Exchanges

Regulation After South Korea’s regulators announced their emergency measures for cryptocurrencies, the bitcoin market breathes a sigh of relief. While a blanket ban was not adopted, other smaller bans remain and a clampdown on virtual bank accounts is presenting a serious challenge to exchanges.Also read: South Korea Clarifies Position After R

New York Credit Card Scammer Allegedly Sent Bitcoin to ISIS

News A Long Island woman has been charged with sending tens of thousands of dollars to ISIS fighters in Syria. As has been widely reported, the woman allegedly used bitcoin to transfer the funds overseas. Headlines have glossed over the way the money was obtained in the first place though: by good old-fashioned credit card fraud.Also read: Putin

Bitcoin Gold Price Technical Analysis – Can BTG/USD Stay Above $250?

Key PointsBitcoin gold price is currently under a correction and is holding the $260 support against the US Dollar.There is a major bullish trend line forming with support at $265 on the hourly chart of BTG/USD (data feed from Bitfinex).The pair must stay above the $260 and $265 support levels to bounce back in the near term.Bitcoin gold price is currently correcting lower against the US Dollar. B

Ripple Price Technical Analysis – XRP/USD Surges Toward $1.00

Key HighlightsRipple price is surging higher and it recently moved above the $0.9000 level against the US Dollar.Yesterday’s highlighted monster bullish trend line with current support at $0.6500 is intact on the hourly chart of the XRP/USD pair (data source from Kraken).The pair might continue to move higher and it will most likely resume uptrend above $0.9000.Ripple price is rocketing higher a

NEMS BULLS CLOSE ABOVE $0.58 AS BUYERS AIM AT $0.76 TECHNICAL ANALYSIS FOR DECEMBER 15, 2017

NEM bulls are on the upper hand after bouncing off the middle BB which is our immediate support.For all we know, NEM push and close above $0.58 means resumption of bull pressure and as such buyers should be aiming for $0.76. Monero, LTC and DASH are still correcting and we expect some form of bull pressure in the coming sessions.IOTA is bearish and currently USD bulls are trending below $3.9 suppo

Ethereum Price Technical Analysis – ETH/USD Holding Key Support

Key HighlightsETH price declined and corrected lower sharply below the $650 support against the US Dollar.There was a break below a major bullish trend line with support at $700 on the hourly chart of ETH/USD (data feed via SimpleFX).The pair is currently trading near a major support at $605 and the 100 hourly simple moving average.Ethereum price is currently correcting lower against the US Dollar

Gibraltar Paves Way for Regulation of Crypto and DLT Companies

Regulation The Legislature of Gibraltar has approved a bill designed to update the territory’s Financial Services regulations. The bill is expected to pave the way for the territory’s introduction of comprehensive legislation governing the operations of companies working in the distributed ledger and cryptocurrency industries next year.Also Read:

Venezuelans Turn to Bitcoin as Government Crackdown on Mining Intensifies

Economics In contrast to many people around the world, who adopt bitcoin to make a quick profit, citizens of Venezuela use the currency as a matter of sheer survival. Venezuelans resort to the cryptocurrency to stay afloat, fighting the rising tides of hyperinflation. Even in the face of fierce government crackdowns, which are only getting worse

Putin Aide Says Bitcoin Can Help Russia Bypass Financial Sanctions

Economics While the rising transactions fees are making bitcoin less usable for everyday purchases, its strength is drawing in companies and nation states looking to use the cryptocurrency. This is especially true for those locked out of the international financial system, as can be seen by the thinking of a top Putin aide.Also Read: Israeli PM Netan

Trezor Firmware Update Brings Shorter Addresses and Support for More Tokens

Reviews Popular cold storage wallet solution, Trezor, announced its latest firmware upgrade. Version 1.6.0 offers support for more tokens. It also implements support for segregated witness addresses, using Bech32 instead of the usual P2SH format, potentially saving block size on the Bitcoin network. As the first hard wallet to use Bech32, the company

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