Archive | blockchain

Bitcoin Cash Price Technical Analysis – BCH/USD Poised for Declines

Key Points Bitcoin cash price remained in the bearish zone below the $310 level against the US Dollar. Yesterday’s highlighted crucial descending channel pattern with current resistance at $311 on the hourly chart of BCH/USD (data feed from Kraken) is intact. The price may continue to decline and might fail on rallies towards $310-320. Bitcoin […]

Blockstream Satellite: Broadcasting Bitcoin from Space

Yesterday a video teaser from blockchain technology company Blockstream created waves of excitement among enthusiasts of both cryptocurrencies and space. Most participants speculated that Blockstream was about to implement the idea, promoted by Bitcoin developer Jeff Garzik (among others), of a satellite system that streams the Bitcoin blockchain to the whole planet from space. The […]

Bitcoin Cash Price Technical Analysis – BCH/USD Struggle Continues

Key Points Bitcoin cash price continued to move down and currently trading below the $320 level against the US Dollar. There is a crucial descending channel pattern with resistance at $315 forming on the hourly chart of BCH/USD (data feed from Kraken). The price may extend its decline and might soon test the $275 support […]

GoldMint, the Present-Day Gold Standard Backed by Blockchain Technology

Cryptocurrencies, especially Bitcoin has gained the distinction of being called “digital gold”. The label, befitting the virtual currency is drawn following its comparison with the yellow metal which has remained as a store of value and medium of exchange for centuries. However, there has always been apprehensions about the value of Bitcoin and virtual currencies […]

What is the CoCo Blockchain Framework?

Bringing blockchain technology to the enterprise is a top priority for Microsoft. Other projects in the cryptocurrency and blockchain sphere are working toward a similar goal. Microsoft’s CoCo Framework for enterprise blockchain networks may very well prove to be a game changer. Microsoft aims to facilitate the adoption of distributed ledger technology in the enterprise sector, […]