BitFury introduces bitcoin mining chip
Mar 02, 2015 06:24 am UTC| Digital Currency
BitFury, a bitcoin mining agent, has developed and manufactured its anticipated28nm ASIC chip. The chip was first introduced by BitFury in the third quarter of 2014, raising $20m in investment through investors such as...
Mar 02, 2015 06:12 am UTC| Digital Currency
BTC/USD has broken short term resistance $238 (trend line joining $454 and $304) and jump till $267 cannot be ruled out. It is facing short term resistance around $258 (ichimoku cloud top) and any break above could pave...
Bitcoin price recovers, Litecoin remains unchanged
Mar 02, 2015 05:33 am UTC| Digital Currency
Over the weekend, the price of bitcoin (BTC/USD) rose higher by 10% up to $254 on BTC-e. Price fluctuations in bitcoin, historically, are seen to be uncommon. The sudden hike in its price broke a long stretch its trade in...
Bank of England discovers bitcoin
Mar 02, 2015 04:45 am UTC| Digital Currency
The Bank of England stole the attention this week after publishing a paper which may authorize it to issue its own digital currency taking after the concept of the bitcoin. After the announcement by the Bank of England,...
BIT set to develop into the first publicly traded bitcoin fund
Mar 02, 2015 04:24 am UTC| Digital Currency
Bitcoin Investment Trust, introduced by Barry Silbert is set to develop into the first publicly traded bitcoin fund. The BIT was launched in 2013, starting as a fund for investors with incomes ranging from $200,000 up to...
Greece must not take on bitcoin as national currency
Mar 02, 2015 03:57 am UTC| Digital Currency
Talk of Greece leaving the euro zone suggested it should switch from the euro currency to bitcoin. Introduction of bitcoin may seem like a solution, but it the long run if euro is the problem, adopting the bitcoin would...
Feb 27, 2015 13:00 pm UTC| Digital Currency
BTC/EUR has made a high of 217 and is slightly retreating from that level. Overall trend is bullish as long as support 200 holds. On the upside any break above 217 will target 230. The pairs break below 200 will drag the...