Day: November 24, 2018

Bitcoin Moving in a $400 Range with Resistance at $4,700

boss

The path of least resistance is clear and as long as prices are trading below $4,700 then we could see further declines towards $3,000 or lower. But even as analysts and investors track price, the survival of Bitcoin conjures memories of the dot com bubble. It did burst; birthing Amazon and Google, companies that wield so much control with individual market caps more than triple that of cryptos. Latest Bitcoin News Much has been talked about price, the collapse and the effect of low trading volumes. In fact there has…

Bitcoin Price Will Likely Bottom at $3,000: Genesis Trading CEO

boss

Twitter Facebook LinkedIn Genesis Trading CEO Michael Moro has predicted that bitcoin will bottom out at about $3,000 after a week that has seen the leading cryptocurrency fall as low as $4,035. Speaking to CNBC, Moro stated that he does not expect the $4,000 support level to hold out much longer as selling pressure from pre-2017 bitcoin investors liquidating their holdings will continue to drive the price downward. Not The End of the Road for Bitcoin Responding to a question about how bad the current market rout could get, Moro…

Exchange Partners With University of Luxembourg to Improve Crypto Asset Security

boss

A new partnership between Luxembourg-based VNX Exchange and the University of Luxembourg aims to improve the security of digital assets, business news outlet Luxembourg Times reported Nov. 23. VNX is a marketplace and trading platform for tokenized venture capital founded in 2017. VNX is a member of fintech incubator the Luxembourg House of Financial Technology (LHoFT), Infrachain and APSI (L’Association des Professionnels de la Société de l’Information). Within the collaboration, the University of Luxembourg will purportedly help VNX develop higher levels of network security for digital assets. The researchers at…

Ambrosus CEO: We’re Far From A Bitcoin Bubble, Crypto Bull Run Likely

boss

No, We’re Not In A Bitcoin Bubble Since Bitcoin underwent a miraculous rise to prominence in 2017, many have likened the cryptocurrency industry to the Dotcom Boom of yesteryear. And as such, some have claimed that crypto’s ‘bubble’ is a near-mirror image of the Nasdaq, the de-facto face of technology markets, during the turn of the millennia. But, as recently claimed by a number of industry insiders, Bitcoin and crypto assets are just revving its engines, preparing for the true bubble that is inevitably in its cards. And, even with…

Crypto Hardware Wallet Ledger Resumes Bitcoin Cash Services

boss

Bitcoin Cash (BCH) services for cryptocurrency hardware wallet Ledger have resumed, according to an announcement published Nov. 23. Ledger suspended its BCH service on Nov. 14 in anticipation of the cryptocurrency’s hard fork “to prevent unwanted transactions and potential replay attacks.” During the service pause it was not possible to send BCH through the wallet’s infrastructure. The BCH network experienced an upgrade on Nov. 15, resulting in a complex battle and eventually splitting the blockchain into two — BCH ABC supported by crypto evangelist Roger Ver and BCH SV led…