BlaKFX COO Kara Coppa on the future of cryptocurrency.
Ethereum price declined heavily from the $163.50 swing high and traded below $140.00. ETH/USD is currently holding the $125.00 support, but buyers seem to be struggling. Ethereum price is facing a lot of hurdles near the $134.00 and $144.00 resistances. ETH/USD is following a short term declining channel with resistance near $134.00 on the 30-minute […]
On Monday, the US Senate held its first ever hearing on Bitcoin, the virtual currency with a gross value of billions and an outlaw reputation. Full CSPAN video here: http://c-spanvideo.org/program/DigitalCu Despite links to black markets like the Silk Road, Bitcoin isn’t itself illegal – but financial regulators say that virtual currency operators must play by […]
From yesterday’s high at $3940 the price of Bitcoin has fallen by 4.52% and is currently being traded at $3762. Looking at the 15 min chart you can see that yesterday’s high was the lower high from that of when the price of Bitcoin interacted with the horizontal resistance level at $3994 on 26th. This […]
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Bitcoin price failed to break the $4,400 resistance and started a downward move. BTC/USD broke the key support at $3,880 and moved into a bearish zone. Similarly, all major altcoins like Ethereum (ETH), ripple (XRP), bitcoin cash (BCH), litecoin (LTC) and EOS failed to hold gains, declined recently, and may continue to slide. Key Takeaways: […]
According to a document filed by GMO Internet Group, it has been confirmed that the Japan-based internet giant has decided to shut down its crypto-mining division. Through the report, the company confirmed that it would no longer “develop, manufacture and sell” mining hardware, citing extraordinary losses for this decision. The document, which was titled ‘Recording […]
Is it possible to “kill” bitcoin? Its price may be considerably low at press time, but it seems relatively implausible that someone could kill off the world’s leading cryptocurrency. It’s not just the coin you’d have to destroy; there’s also the supporting blockchain technology behind it, along with the original whitepaper submitted in 2008 by […]