Day: October 28, 2018

Bitcoin Price Weekly Analysis: BTC/USD Remains Supported Near $6,380

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Key Points Bitcoin price is holding the $6,380 and $6,350 support levels against the US Dollar. There is a major contracting triangle forming with resistance at $6,420 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair needs to surpass the $6,420 and $6,460 resistance levels to gain momentum. Bitcoin price is holding the key $6,350 support against the US Dollar. BTC/USD is likely to break $6,420 to climb towards the $6,460 and $6,500 levels. Bitcoin Price Analysis This past week, sellers made many attempts to…

Roger Ver and his Struggling Battle for Bitcoin Cash Supremacy

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Roger Ver has revealed a plans to launch an in-house exchange with bitcoin cash as the base currency. This move is another tool in the marketing tactics applied by Ver and other bitcoin cash proponents to increase BCH adoption and to position it as “the real bitcoin.” Bitcoin Cash Adoption is Low The Roger Ver-backed altcoin Bitcoin Cash (BCH) has been facing significant hurdles in its struggle to establish itself as “the real bitcoin.” Despite Ver repeatedly stating that ‘bitcoin cash is the real bitcoin’ and his media outlet aggressively…

Ethereum Price Weekly Analysis: ETH/USD Facing Significant Hurdle

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Key Highlights ETH price stayed above the $196-197 support area with positive moves against the US Dollar. There is a monster breakout pattern formed with resistance at $204 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair must break the $204 and $208 resistance levels to climb higher in the near term. Ethereum price is preparing for the next move versus the US Dollar and Bitcoin. ETH/USD could rise sharply higher once there is a break above $204 and $208. Ethereum Price Analysis This past week, there…

Microsoft Excel Plugin Will Let Users Send and Receive Bitcoin (BTC) Via Lighting Network

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Pierre Rochard, a software engineer and Founder of Bitcoin Advisory, demonstrated a few days ago the potential of the Lightning Network by tweeting about how he managed to develop a plugin for Microsoft Excel that would allow Bitcoin transactions by using the famous spreadsheet. The solution that allows these activities is called Neutrino and is a development built for so-called LN’s “light clients” that makes it possible for people who do not run a complete node to make payments using this technology: The LND node software now runs from *within*…

Bitcoin Cash Price Weekly Analysis: BCH/USD Could Move Higher Within Range

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Key Points Bitcoin cash price remained under pressure below the $450 and $460 resistances against the US Dollar. There is a major bearish trend line in place with resistance at $436 on the 4-hours chart of the BCH/USD pair (data feed from Kraken). The pair could rise in the short term towards the $450 or $460 resistance levels. Bitcoin cash price is moving lower towards $425 against the US Dollar. BCH/USD may soon gain traction to recover back towards the range resistance. Bitcoin Cash Price Analysis This past week, there…

Shenzhen Court Says Bitcoin Should Be Legally Protected as Property

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An arbitration body in China has ruled that despite the country’s central bank’s ban on cryptocurrency trading, bitcoin should still be legally protected as a property with economic values, Shenzhen Court announced on their official WeChat account on October 25, 2018. Chinese Court Confirms Bitcoin Protected by Law The Shenzhen Court of International Arbitration published a case analysis on October 25, 2018, via WeChat, clarifying its ruling on an economic dispute that involved a business contract relating to possession and transfer of crypto assets. According to cnLedger, a prominent crypto and…

Bitcoin Shows New Resilience as Markets Shake off Futures Settlement

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Bitcoin futures may have expired, but even that failed to produce volatility in cryptocurrency as markets remained flat Saturday, Oct. 27. Market visualization from Coin360 Data from CoinMarketCap and Coin360 confirm that the end of the trading week – and with it the payment date for CME Group’s Bitcoin futures – had essentially no effect on either Bitcoin (BTC) or altcoin prices. The behavior marks a stark contrast from just several months ago, with impending futures previously sparking losses in the run-up to their settlement date. On Friday, Cointelegraph had…

Coinbase at Devcon4 – The Coinbase Blog

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Hot on the heels of SF Blockchain Week, Ethereum enthusiasts and blockchain engineers from around the world are set to gather in Prague for the 4th annual Ethereum developers conference. Hosted by the Ethereum Foundation, Devcon covers all of the blockchain’s latest developments, as well as updates from the protocols, dapps, and services built on top of it. We’re excited to be joining the hundreds of other teams attending and can’t wait to meet and mingle. Here’s a sneak peek at where you’ll see some folks from Coinbase Wallet, and…

Coinbase Pro adds new security and usability features

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Today, Coinbase Pro is adding new features designed to make the user experience easier and safer than ever before. Address Book — an easy way for you to keep track of your frequently used crypto addresses Crypto Address Whitelisting — designed to restrict crypto transfers to addresses in your Address Book. We’re committed to being the safest, most trusted and easiest to use platform for trading cryptocurrencies, and these new updates are one more step along this journey. Address Book The new Address Book available today to all Pro customers lets users store any…