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Day: December 5, 2017

cryptocurrency December 5, 2017

What Bitcoin Futures could mean for the crypto economy Bitcoin continues to captivate the interest of the financially-minded as well as curious and often skeptical bystanders. Bitcoin is well on its way to becoming more than just a hot topic. The cryptocurrency’s legitimacy, along with its price, is on the rise. This month, the US Commodity […]

cryptocurrency December 5, 2017

ETH/USD Ethereum continues to look relatively flat against the US dollar, while at the same time Bitcoin has been rallying. Because of this, I think that we are essentially stuck in a range between $450 level on the bottom, and $500 on the top. However, on the hourly chart we are starting to see the […]

cryptocurrency December 5, 2017

The first cryptocurrency futures contract is going live at 5:00 p.m. CT on December 10. And of course, it is for Bitcoin futures—the marquee name of cryptocurrencies. This has hedge funds foaming at the mouth. Many have been waiting for a chance to short Bitcoin, and since futures contracts ease friction on the short side […]

cryptocurrency December 5, 2017

Key Highlights ETH price mostly traded in a range above the $455-450 support against the US Dollar. Yesterday’s highlighted key contracting triangle with current resistance near $485 is intact on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is holding a major support area near $455 and the 100 hourly simple moving […]

cryptocurrency December 5, 2017

Main Idea CREDITS (website) is developing a new type of blockchain, which is much more efficient that the ones we know today. The main features are very cheap transactions with costs not exceeding few cents and speed, as such transaction can be deliver within few seconds. Financial Industry The main target of the project is […]

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