FxWirePro: BTC/USD trades in narrow range, good to buy at dips
Dec 04, 2015 07:28 am UTC| Technicals Digital Currency
BTC/USD has made a high of $371 and started to decline from that level. It is currently trading around $356. Short term trend is bullish as long as trend line support $335 holds. Any break below $335 will drag the...
Goldman Sachs Sees Great Potential In Blockchain Technology
Dec 03, 2015 12:27 pm UTC| Digital Currency
Goldman Sachs has been embracing the bitcoins underlying blockchain technology. The bank joined the blockchain consortium led by financial innovation company R3 and has recently filed a patent application for Cryptographic...
Hong Kong Summit To Discuss Bitcoin Block Size
Dec 03, 2015 07:26 am UTC| Digital Currency
The bitcoin network is running out of spare capacity and the debate over increasing the size of the blockchain has created several camps in the community. CoinDesk reports that the debate will once again take the centre...
FxWirePro: BTC/USD takes support near 200 day 4HMA, good to buy at dips
Dec 03, 2015 06:49 am UTC| Digital Currency Technicals
BTC/USD has made a low of $348 and started to recover from that level. Overall trend is still bullish as long as support $340 holds. Any break below $340 will drag the pair further down till $328/$320. On the...
Goldman Sachs Files Patent For “Cryptographic Currency For Securities Settlement”
Dec 02, 2015 11:25 am UTC| Digital Currency
According to a US Patent Trademark Office application dated 19th November, Goldman Sachs has filed a patent application for Cryptographic Currency For Securities Settlement. The system is based on a new cryptocurrency...
SEC Files Charges Against Joshua Garza For Running GAW, ZenMiner Scams
Dec 02, 2015 10:00 am UTC| Digital Currency Law
The Securities and Exchange Commission (SEC) on Tuesday charged two Connecticut-based Bitcoin mining companies GAW Miners and ZenMiner, and their founder Homero Joshua Garza for operating a Ponzi scheme. The SEC...
FxWirePro: BTC/EUR faces strong support around $320, good to buy at dips
Dec 02, 2015 08:44 am UTC| Technicals Digital Currency
BTC/EUR has made a high of 363 and declined till 328 from that level. Intraday trend is still bullish as long as support 325 holds. On the higher side major resistance is around 363 (Jul 2015 high) and break above...