Russian Businesses Urge Government to Approve Only Domestic Cryptocurrencies

Regulation One of Russia’s leading public associations of entrepreneurs has sent a proposal to their government asking them to approve only domestic cryptocurrencies in their upcoming cryptocurrency legislation.Also read: Putin Orders the Issue of Russia’s National Cryptocurrency – the CryptorubleProposal to GovernmentState Duma Building.T

USD REMAINS FIRM AGAINST MOST ALT-COINS AS IOT BREAKS ABOVE RESISTANCE LINE.

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

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Bonpay and the Future of Cryptocurrencies as Payment Methods

Whichever bright future that may be predicted for both Bitcoin and Ethereum, their availability as universal payment medium is still under question. The same can be said for other cryptocurrencies. Today, the most common payment options remain to be cash and credit cards. Cryptocurrencies have not yet reached the widespread adoption as a payment method, but they definitely will in the foreseeable

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

Gold Miner Pivots: Backs Blockchain Company and Starts Mining Bitcoin

Mining A Canadian mining guru, Frank Giustra, has begun mining bitcoin and other cryptocurrencies instead of just gold. He has recently backed a Vancouver Blockchain company, called Hive Technologies Inc., to oversee these mining operations and offer first-ever mining stock options. Also read: Preparing for the Bitcoin Hard Forks: A St

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 $

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Blockchain May Play Crucial Role in Artificial Intelligence Development, Regulation

The biggest threat for our future, according to Elon Musk, is the development of artificial intelligence (AI).  As Musk recently pointed out:“I think we should be very careful about artificial intelligence. If I had to guess at what our biggest existential threat is, it’s probably that. So we need to be very careful. I’m increasingly inclined to think that there should be some regu

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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

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Bitcoin ETF Could Actually Be on Horizon Says Prominent Investing Firm

Bitcoin users had lost hope of having an Bitcoin ETF when the Winklevoss twins' application was rejected. However, the CEO of ARK Investment Management feels that a Bitcoin ETF may only be a year or two away.ETFs matterSome may debate the utility of having a Bitcoin ETF when it would be more profitable to hold Bitcoins instead. By holding Bitcoins directly, you get the benefit of price appreciatio

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