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 […]

Obsidian’s Use of C# Based Stratis to Empower the OSM Ecosystem

Obsidian Inc., the company behind the revolutionary Obsidian Platform, is putting cryptocurrency’s underlying blockchain technology to good use by creating a communications system. The system, Obsidian Secure Messenger (OSM) allows users to send and receive messages over a highly secure protocol with assured privacy and secrecy. The creators of OSM have built the platform over […]

Companies are buying bitcoin to pay off hackers, says top cybersecurity CEO – CNBC

Companies are buying bitcoin to pay off hackers, says top cybersecurity CEOCNBCThe HBO hack is just one recent example of how cyberattackers are now targeting corporations, and CyberArk chief Udi Mokady said that bitcoin is often used to pay them off. “That’s the requirement of most of these hackers,” the founder, chairman and …and more »

A Bitcoin Is Worth $4000 – Why You Probably Should Not Own One – Forbes

ForbesA Bitcoin Is Worth $4000 – Why You Probably Should Not Own OneForbesEven though most people don’t even know what they are, Bitcoins increased in value from about $570 to over $4,300 — an astounding 750% — in just the last year. Because of this huge return, more people are becoming interested in possibly owning […]

Bitcoin’s rally seems closely tied to something you may do every day – MarketWatch

MarketWatchBitcoin’s rally seems closely tied to something you may do every dayMarketWatchIn a series of tweets, Burniske speculated that an increasing price drives interest in bitcoin, and “that interest further drives the price of $BTC,” something he joked was “a virtuous Satoshi cycle,” in reference to Satoshi Nakamoto, the pseudonym …

Here’s why one technical trader is picking bitcoin over gold – CNBC

CNBCHere’s why one technical trader is picking bitcoin over goldCNBCThe TradingAnalysis.com founder says that while a shorter-term chart of bitcoin and gold together may show that the two are moving in tandem, a longer-term chart actually tells a different story. Looking at a four-hour chart of bitcoin and gold, Gordon …

Partnership Between AdEx and NEO Catapults ADX Exchange Rate

AdEx, an international decentralized advertising network that is developing a blockchain-powered infrastructure for online ad market has announced it has partnered with NEO, a China-based open source blockchain. Earlier AdEx planned to use Ethereum blockchain, however, it has seemingly opted otherwise after studying what NEO has to offer. ADX, the platform’s native token issued over […]

S&P 500 or Cryptocurrency: Just How Big is Bitcoin’s Price Explosion? – CoinDesk

CoinDeskS&P 500 or Cryptocurrency: Just How Big is Bitcoin’s Price Explosion?CoinDeskWhile bitcoin is down several hundred dollars since hitting its all time high of $4,483.55 earlier this morning, the cryptocurrency is still on an absolute tear this year. Bitcoin’s ascent viewed over a longer time horizon is impressive. On a year-over …and more »

UnoCoin Customers Targeted by Bogus Cryptocurrency ICO

Not too long ago, we received word that one of India’s largest Bitcoin exchanges had been affected by a data breach. Contrary to what most people expected, the main objective of the hackers was not to steal funds directly from the company. Rather, they were after the email addresses of customers, who were swiftly bombarded with emails pertaining […]

Enterprise Ethereum Alliance Expands Legal Industry Working Group

On August 14, the Enterprise Ethereum Alliance announced the addition of more than a dozen organizations to its blockchain collaboration under the umbrella of its Legal Industry Working Group, responsible for creating enterprise-grade applications on the Ethereum blockchain. The new members include law schools, legal departments of universities, academic institutions and leading global law firms.According […]