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Ethereum Price Technical Analysis – ETH/USD Surges to New All-time High

Key HighlightsETH price spikes higher and breaks the $500 and $515 resistance levels against the US Dollar.There was a break above a major contracting triangle with resistance at $470 on the hourly chart of ETH/USD (data feed via SimpleFX).The pair is currently unstoppable and it might soon blast towards the $550 level.Ethereum price is rocketing higher against the US Dollar and Bitcoin. ETH/USD i

Howard Stern and Saturday Night Live Reference Bitcoin as Popularity Grows

Featured The Year of Bitcoin is finishing strong, as its spread into the mainstream, from finance to popular culture, gains traction apace with its price increases. From The Big Bang Theory dedicating a bitcoin subplot to an episode to Startup creating an entire series around the topic, the world’s most well-known cryptocurrency is getting a n

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BitMEX CEO: Bitcoin Futures Will Drastically Increase Volatility

The rollercoaster ride that is Bitcoin has been epitomised in the last few days as the digital currency rocketed to the milestone of $10,000. Instead of bouncing off that target or consolidating, the second stage engine fired up, pushing the currency as high as $19,700 on one exchange. A correction followed, pushing the price down to $13,500 on the GDAX exchange.While the drop made some investors

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CBOE: Website Crash Had ‘No Impact’ On Bitcoin Futures Success

The Chicago Board Options Exchange (CBOE) has confirmed its website outages are not disrupting its Bitcoin futures trading.After the exchange launched the pioneering futures on Sunday, its front-end interface crashed almost immediately, apparently due to high traffic volumes, leading to concerns that the launch would fail.However, in a series of Twitter updates, CBOE said that the technical proble

Bitcoin Gamers Offered Steam Lifeline, Craigslist Goes Crypto

News In a blow for serious gamers who use the world’s most popular cryptocurrency, bitcoin, Steam announced they would no longer accept it as a method of payment. Price volatility and high transaction fees doomed the relationship. In freer economies, however, other companies like Bitrefill see such problems as an opportunity to gain market share by

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NYSE Chairman Voices Regret for Not Launching Bitcoin Futures Trading First

New York Stock Exchange (NYSE) Chairman Jeff Sprecher said he and his exchange were 'fools' for letting their competitors beat them to the launch of Bitcoin futures trading. Ironically, the NYSE has been a pioneer when dealing with Bitcoin, as it introduced its Bitcoin index in the early summer of 2016.At the investor conference sponsored by the Goldman Sachs Group Inc. in New York in early Decemb

Bitcoin Price Watch; Here’s What’s On Tonight

So that’s another week drawn to a conclusion in the bitcoin price space and, with it, it’s time to put forward some levels that we can use heading into the weekend as part of our second bitcoin price analysis of the day.By now most reading will be aware what happened yesterday. For those that missed the action, the bitcoin price rocketed to just shy of $20,000 a piece on the major exchanges, w

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Government Regulators Issue Strong Warnings On BTC Futures

Bitcoin futures are coming from a number of arenas, with recent announcements from the Chicago Board Options Exchange (CBOE), the Chicago Mercantile Exchange (CME) and the Tokyo Financial Exchange. However, in spite of the massive run up on Bitcoin in anticipation, US regulators are clear that they will keep very tight control over the market.According to statements from the Commodity Futures Trad

200,000 Unconfirmed Transactions Pile Up in Another Crazy Day for Bitcoin

Markets and Prices Exchanges overloaded. DDoS attacks. Huge price spikes, flash crashes, and order cancellations. Over 200k transactions queued, some for more than 24 hours, in the mempool – despite paying high fees. Just another crazy day in bitcoin, a land where every day seems to be wilder than the last, including higher highs, bigger swings, an

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NEO stalling as Bitcoin bounds on

Bitcoin continues to dominate the news as prices nudged over $14,000 in Asian trading this morning, up almost $2,000 in 24 hours. The surge is likely to be off the back of news that the big boys are starting to entertain cryptocurrencies. JP Morgan switching tack and backing Bitcoin as the new gold and Nasdaq recently joining the fray has done wonders for BTC trading. The imminent launch of CBOE t

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