Virtual currency exchange rate to stabilize with more widespread adoption: BoC Working Paper
Sep 01, 2016 04:31 am UTC| Digital Currency
Bank of Canada has recently published a working paper that develops an economic framework to analyse the factors affecting virtual currency exchange rate and predicts that with its widespread acceptance, the exchange rate...
LTC/EUR faces strong resistance at 3.513, break above targets 3.76
Aug 31, 2016 12:39 pm UTC| Digital Currency
LTC/EUR is seen facing a strong resistance on Wednesday. The pair has broken minor resistance at 9-day EMA around 3.34 and jumped till 3.4100 levels (BTCE). It is currently trading around 3.411 at the time of...
ETH/EUR trades slightly above 21- day MA, jump till 11.30 likely
Aug 31, 2016 11:56 am UTC| Digital Currency
ETH/EUR is seen trading above on Wednesday. The pair has once again gained after making a low of 9.7547. ETH/EUR jumped till 10.123 levels yesterday (KRAKEN). It is currently trading around 10.08 at the time of...
LTC/USD breaks above 200-day MA, slight jump till 4.00 likely
Aug 31, 2016 11:52 am UTC| Digital Currency
LTC/USD has broken above 200-day MA and struggling to find themomentum to sustain its move. It is currently trading at 3.80 levels at the time of writing (BTC-e). Ichimoku analysis of daily chart: Tenkan Sen:...
ETH/USD shows slight jump, close above 90 EMA confirms bullishness
Aug 31, 2016 11:29 am UTC| Digital Currency
ETH/USD is trying to trade in the positive on Wednesday, continuing its upward from yesterday. It is currently trading at 11.21 levels at the time of writing (Kraken). Ichimoku analysis of daily chart: Tenkan Sen:...
Online shopping platform Shopawl accepts eBay purchases in bitcoin
Aug 31, 2016 09:27 am UTC| Digital Currency
Shopawl, a startup that allows shoppers to make purchases with bitcoin on one of Chinas biggest online shopping sites, Banggood.com, has announced that it is now accepting eBay orders, where users can buy eBay goods using...
FxWirePro: BTC/USD takes support near 550, good to buy on dips
Aug 31, 2016 08:46 am UTC| Digital Currency
BTC/USD continues to trade flat in the absence of any major market moving news. It has been trading between 565 and 585 levels from the past couple of days. It is currently trading at 572 levels at the time of writing...
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects