BTC/USD breaks major support $248, decline till $200 is possible
Aug 19, 2015 08:47 am UTC| Digital Currency
BTC/USD has broken major support $248 (200 day MA) and declined till $220 It is currently trading at $232. Short term trend is bearish as long as resistance $247 holds. The major resistance is around $248 (200 day...
Federal Judge approves fraud claims against Bitcoin manufacturer HashFast
Aug 19, 2015 08:11 am UTC| Digital Currency
HashFast Technologies, a bitcoin equipment manufacturer, announced bankruptcy last year and since then it has been surrounded by a number of legal troubles. Plaintiff Pete Morici, a bitcoin miner, claimed that he...
Chip Chap enables bitcoin purchases with a credit card
Aug 19, 2015 07:17 am UTC| Digital Currency
Chip Chap, the "e-money converter" app, has recently launched a new version that will facilitate bitcoin purchases via credit card globally, as reported by CoinTelegraph.The beta app, available on Android, enables users to...
Blockchain.info reaches 4 million user mark
Aug 19, 2015 06:32 am UTC| Digital Currency
Blockchain.info, one of the first and popular bitcoin wallet providers, has recently announced in a blog post that it hit the 4 million user mark on Sunday, 16th August. The company reached 2 million user mark just last...
Bitcoin community faces major crisis
Aug 19, 2015 05:41 am UTC| Digital Currency
The bitcoin community is confronted with one of the most historic decisions. The problem at hand is that the bitcoin network is running out of spare capacity, which has created two increasingly divided camps with one...
Microsoft's John Farmer: bitcoin is least interesting part in blockchain technology
Aug 18, 2015 12:38 pm UTC| Digital Currency
John Paul Farmer, Director of Technology Civic Innovation at Microsoft, shared his thoughts on bitcoin and blockchain technology while speaking to CoinDesk. He is not much interested in bitcoin, the digital currency. I...
CFA Institute Analyst speaks on Blockchain and future of finance
Aug 18, 2015 12:07 pm UTC| Digital Currency Commentary
Speaking to Exponential Magazine, Svi Rosov, a CFA Institute capital markets policy analyst, said that as a result of the continuing transition of markets from a human-based ecology to a machine-based one, more flash...