Cryptocurrency still depends largely on fiat touchpoints. As banks prevent cryptocurrency exchanges from operating in Bulgaria, it’s unclear how the situation will shake out. Meanwhile, Bulgarian authorities themselves hold a massive number of bitcoins. Bulgarian banks have closed accounts belonging to a number of cryptocurrency exchanges, according to local reports. First Investment Bank, the country’s […]
As if bitcoin itself has not inspired sufficient confusion and various reactions, now regulators must contend with cryptocurrency derivatives like Bitcoin Futures option contracts. Just as financial authorities were coming to terms with bitcoin, there’s a new challenge on their hands: cryptocurrency derivatives. This week, South Korean regulators moved to ban bitcoin derivatives, according to […]
Ethereum Analysis for December 8, 2017 ETH/USD Ethereum fell during most of the trading session on Thursday, but found the $400 level to be supportive enough to cause a bounce. By looking at the chart, I see a cluster of trading activity near the $430 handle, so move above there has been bullish of Ethereum […]
According to one of Ethereum’s co-founders, investors should look out for an ETH futures contract in the near future. It could potentially usher in the first cryptocurrency exchange-traded fund (ETF). The United States Securities and Exchange Commission (SEC) has, in the past, pushed back against the idea of a crypto ETF. It presented a to-do list […]
In the past one week, Ethereum prices have touched all-time highs, with daily volumes averaging between $1.5 billion to $2.0 billion. Part of this unprecedented investor interest in the cryptocurrency may be emanating from Ethereum’s first-of-its-kind, real-world use case that is garnering mass popularity. “CryptoKitties” is now Ethereum’s biggest decentralized application, having just taken the crypto-world […]
Key Highlights ETH price declined further and followed a short-term bearish path below $445 against the US Dollar. There are two bearish trend lines forming with resistance at $428 and $442 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair might correct towards $440-442 in the near term, but could face sellers. […]
DLT, mate? “Yes, please,” says the Australian Securities Exchange. On December 7, 2017, the Australian Securities Exchange (ASX) announced that it will use distributed ledger technology to record shareholdings and manage the clearing and settlement of equity transactions in Australia. The system, which was developed by Digital Asset (DA), will replace the Clearing House Electronic […]
After an alleged hack, the NiceHash mining platform has temporarily ceased operations to perform an investigation. NiceHash paused operations for 24 hours following a devastating hack, and issued an official public statement on its website and through social media channels, urging users to change online passwords. The company explained that it is still assessing the […]
Etherians everywhere are pawsitively catty after their own blockchain became bogged down by a transaction bottleneck related to digital kittehz. CryptoKitties is a type of game played over Ethereum in which players collect and breed digital avatars of cats. Although the game is barely two weeks old, it has already managed to cause quite a […]
With the rising value and interest in bitcoin, many people are looking for ways to get bitcoin. This article describes many ways you can get Bitcoin to be able to participate in this exciting new trend. Invest in bitcoin One of the easiest ways to get bitcoin is to invest in it – you use your […]
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