Key Points Bitcoin price remained in a bearish zone above the $7,000 support against the US Dollar. There is a key declining channel forming with resistance at $7,600 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair has to stay above the $7,200 and $7,000 support levels to avoid a...The post Bitcoin Price Weekly Analysis: Can BTC/USD Hold $7K? appeared first on NewsBTC.
A massive anti-money laundering action has been carried out by the cyber department of the State Attorney’s Office. It filed an indictment, alleging that Hilmi Git had managed to commit more than 20,000 fraudulent transactions using Israeli credit cards, laundering the money through the Bitcoin network. 1,071 BTC Seized by Israeli Police Halmi Git, a resident of Hebron, has been accused of multiple offenses of credit card fraud, providing means for committing a crime, carryingRead MoreThe post More than $8.5 Million in Bitcoin Seized by Israeli Police appeared first on Bitcoinist.com.
Key Highlights ETH price settled below the $600 support level with negative signs against the US Dollar. There is a crucial contracting triangle forming with current support at $580 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair may well make the next move either above $600 or below $580 in the...The post Ethereum Price Weekly Analysis: ETH/USD Approaching Crucial Break appeared first on NewsBTC.
Key Points Bitcoin cash price remained under pressure and declined below the $1,000 support against the US Dollar. There is a monster bearish trend line in place with resistance near $1,060 on the 4-hours chart of the BCH/USD pair (data feed from Kraken). The pair is likely to decline further and it could even break...The post Bitcoin Cash Price Weekly Analysis: BCH/USD’s Downtrend Intact appeared first on NewsBTC.
There’s a new card game called ‘Bitcon’ that’s been introduced on Kickstarter that allows people to experience the cryptocurrency investment fever for amusement and laughs. The strategy game was created by two cryptocurrency investors who were tired of hearing about people doing unbelievable things like selling their home or using their student loan money to […]The post There’s a Bitcoin Themed Card Game On Kickstarter Called ‘Bitcon’ appeared first on Bitcoin News.
Bitcoin price action continues to slide in favor of bears as the cryptocurrency dips below $8,000 for the second time in 7 days and a bear reversal is clearly in play. Market Overview ‘Rumour has it Bitcoin won’t see 10k anymore’ would serve as a suitable alteration to the chorus of Adele’s mega-hit, ‘Rumour Has It.’ It’s obvious that for the time being, bears are in full control of bitcoin price but this time it’sRead MoreThe post Bitcoin Price Analysis: Rumour Has It… appeared first on Bitcoinist.com.
On the subject of Bitcoin’s viability, there seem to only two conclusions. Either the number one crypto is either here to stay or it is just a fad. Thus, whether you support the “bubble” argument, the “currency of the future” notion or any other position, it all inevitably leads to the “boom or bust” conclusion or at least, so says Grayscale Investments managing director Michael Sonnenshein. Two Mutually Exclusive Bitcoin Future Outcomes According to Sonnenshein,Read MoreThe post Boom or Bust: There is no Middle Ground for Bitcoin, Says Crypto Asset Manager appeared first on Bitcoinist.com.
Even though a lot of people are still shocked that Pornhub actually took the plunge on Verge, it seems that decision may come back to bite the company. Due to the ongoing attacks against the Verge network, Pornhub and its cohorts are at risk of seeing transactions reversed or spoofed. It is a very big problem and an example of why solid technology should always be the foundation of any payment method. Pornhub and Verge Have Issues While one has to commend an entity such as Pornhub for accepting cryptocurrency payments, the decision to go with Verge still raises a lot
An initiative to erect a monument of Satoshi Nakamoto in Ukraine’s capital is gaining momentum and support. The idea is to place the statue right where the red Karelian stone figure of Lenin used to stand, before it was taken down almost five years ago. The project is said to be part of a global […]The post Project to Build Satoshi Statue Gains Support in Kiev appeared first on Bitcoin News.
In the world of blockchain and cryptocurrency, interesting projects can be found on a regular basis. CryptoKitties has received a lot of attention, in part because the project raised $1 million. However, it appears a lawsuit may be coming the way of the CryptoKitties team. This is due to an alleged violation of a nondisclosure agreement. A Major Concern for CryptoKitties? While no one will deny the success CryptoKitties has seen over the past few months, it seems not everything is going the team’s way right now. Generating a lot of buzz and raising money in the process is only one part of