LTCUSD Technical Analysis for 01/11/2018 – Sideways Action

LTCUSD is heading south but could be due to find support at the middle of its range or at the […] The post LTCUSD Technical Analysis for 01/11/2018 – Sideways Action appeared first on Bitcoin Network, News, Charts, Guides & Analysis.

Bitcoin Price Technical Analysis for 01/11/2018 – A Bit More Bullish Momentum

Bitcoin Price Key Highlights Bitcoin price is still within its ascending channel on the 1-hour time frame and has bounced off support. A bit more bullish momentum can be seen as price broke past a small descending trend line. Technical indicators, however, are signaling that bearish pressure could kick in soon. Bitcoin price looks ready to resume its climb to the channel resistance but there are indications of bearish pressure. Technical Indicators Signals The 100 SMA is crossing below the longer-term 200 SMA on the 1-hour chart to signal that the path of least resistance is to the downside. In other words, sellers could regain the upper hand and lead to another test of the nearby support at $14,000. Stochastic is also pointing down to indicate that selling pressure is present while RSI appears to be turning back south from its climb. A break below the channel support could mark the start of a longer-term selloff. But if bulls continue to charge, price could test the area of interest around $16,000 next then make its way up to the resistance at $17,500 or higher. Market Factors Dollar demand has taken a hit after China hinted that it might trim its holdings of US Treasuries. However, it has also been reported that China ordered closing down of bitcoin mining operations as a step further in curbing cryptocurrency activity in the mainland. Regulation is a pain in the neck for bitcoin price these days as ETF applications have been withdrawn in facing SEC scrutiny while South Korea continues to clamp down activity as well. With that, traders appear more interested in other altcoins that are cheaper and facing less barriers. US PPI is due next and could provide an indication of how inflation readings might turn out, thereby influencing Fed tightening expectations. Downbeat results could mean more dollar weakness, which bitcoin price could take advantage of, while upside surprises could trigger a channel breakdown. Keep in mind, however, that US equities have retreated lately on fresh NAFTA concerns that might keep risk aversion in play. The post Bitcoin Price Technical Analysis for 01/11/2018 – A Bit More Bullish Momentum appeared first on NewsBTC.

Goldman Sachs Admits Bitcoin is Real Money, Cites Use Cases in Developing World

White shoe investment bank Goldman Sachs has had outsized influence on Wall Street and in government for years. The influential company now says Bitcoin and other digital currencies are real money. #BREAKING NEWS

Swissborg is Changing Wealth Management with Blockchain Tech

SwissBorg, based in Switzerland, is a WealthTech DAO aiming to change the way wealth management looks by offering cryptocurrency investment solutions backed by Swiss financial expertise to the world with a team of over 100 combined years of investment experience. Their ICO, active now, provides an accessible opportunity to manage a portfolio of crypto- assets through investment platform based on blockchain technology. Their Proof-of-Meritocracy smart contract system ensures there will be an active method for the community to influence the way the network will be developed. Disclosure: This is a Sponsored Article SwissBorg wants to revolutionize wealth management services with a community-centric approach powered by blockchain technology. Their ICO is active now, offering investors the chance to acquire the CHSB or SwissBorg network token. It is through this process of tokenization that anyone, be they individuals, DAOs, investment managers, or financial advisors, will be able to access the SwissBorg wealth management ecosystem and its portfolio system for managing of crypto-assets. Based on the ERC-20 Ethereum standard, and therefore storable on any ERC-20 address, the CHSB is a multi-utility token used to participate in the SwissBorg. It is available at the rate of 1 CHSB to 0.10 CHF (Swiss Francs). Cryptocurrencies such as BTC, ETH, BCH, LTH, and XRP are also accepted at current exchange rates. The token itself will be exchanged tradable in Q1 2018. Through its crypto wealth management platform and after having requested and received regulatory financial licenses, SwissBorg eventually aims to improve the accessibility of crypto hedge funds strategies to a larger audience with the issuance of the CSB Token, a token hedge fund. The CSB is to be hedged in a variety of areas through investment strategies such as ICOs and pre-ICOs, systematic trading, and arbitrage. Another boasted feature of the platform will be the RSB or referendum token. This will be a token that will be generated every time a referendum is held at a rate of 1 RSB for each CHSB an investor possesses. Any wallet will be able to participate. To negate the possibility of double voting, a snapshot of the blockchain is done at the time of distribution to verify. RSB will provide a secure voting platform for each referendum held and will offer a direct ETH or token reward for each vote applied. It will not cost CHSB to vote. SwissBorg, positioning themselves as a bridge between off-chain and on-chain worlds, seek to provide an investment solution that suits both. The ICO is live now with a 50M CHF cap and has received 11M in funding already. The ICO ends at the latest on January 10th, 2018. More information is available at the SwissBorg homepage and information on the CHSB token here. Also, read the white paper for a detailed description.

Price Analysis, Jan.10: Bitcoin, Ethereum, Bitcoin Cash, Ripple, IOTA, Litecoin, NEM, Cardano

“Not a fraud,” but how profitable? Check your portfolio for buy setups. #PRICE ANALYSIS

Substratum’s Dark Side of the Moon

Substratum is a project aiming to power the decentralized web by allowing free and equal internet access to users around the globe. The project promises to allow anyone to host a node and receive Substrate in return for contributing to the network. Currently the product is in closed-beta allowing only a select few participants, supposedly under an NDA, to test out the network. Substratum’s price rose from $0.30 to over $2.50 in the last month alone, heading straight to the moon. However, due to some new information recently released, we must look at Substratum’s dark side of the moon. Substratum CEO’s background The first piece of news that surfaced about the Substratum project is that Justin Tabb, Substratum’s CEO, has a questionable background. According to Polk county Sherrif’s public records, Justin Christopher Tabb was arrested in 2001 on multiple charges ranging from Burglary W/Assault and Battery to Probation Violation. We reached out to Justin for comment. While the CEO being an ex Felon is by no means a positive influence on the project, it is something that can be looked past. After all, the charges were filed 17 years ago and people make mistakes. However, what is more disturbing is the fact that Justin has filed for bankruptcy twice: The problem with having a CEO with a bankruptcy record, is the fact that investors won’t have as much confidence in the project as it shows a poor track record when it comes to managing finances. Datadash Drama Many of you may have heard about Substratum from Datadash’s youtube channel. Datadash is the largest crypto youtube channel with over 200k subscribers. The channel promotes all types of ICOs and tokens and gives insight into developing projects. In a series of videos, Datadash promoted the Substratum ICO and advised about it’s potential. However, it recently came to light that Datadash has been compensated for his efforts by the Substratum team. While that in itself isn’t unethical, what is a problem is not disclosing the sponsorship to your viewers. Datadash also posted a youtube video explaining exactly what happened. I do believe the video was a smart decision by Datadash to come clean to his viewers, but I honestly do not believe the story about him moving the Ethereum address to different harddrives and somehow “losing” access to 100k SUB. The Merkle also ran a story about the Substratum ICO back in August, but since we were paid for it, we included a disclaimer like we do with any sponsorsed post. It is both unethical and a violation of FCC regulations to promote projects for payment without a proper disclosure. In fact, it is not even the promoter that usually gets in trouble, but the company paying for the promotion – in this case SUB. Overall Substratum has an amazing vision with a promising project, however until a working product is presented nothing is certain.

Using Blockchain Technology to Enhance Location-Based Advertising

In the golden era of advertising, finding an audience was as easy as publishing an ad in a widely circulated newspaper, running a radio or TV spot, or putting up billboards in relevant areas. Not so anymore, but Blockchain can help.

Goldman Sachs Feels Some Cryptocurrencies Will Eventually Become Real Money

The financial sector has always had mixed opinions on Bitcoin. Goldman Sachs is a fine example of how quickly those […] The post Goldman Sachs Feels Some Cryptocurrencies Will Eventually Become Real Money appeared first on Bitcoin Network, News, Charts, Guides & Analysis.

‘Testnet Is So Boring’: TorGuard Accepts Bitcoin Mainnet Lightning Payments

The post ‘Testnet Is So Boring’: TorGuard Accepts Bitcoin Mainnet Lightning Payments appeared first on CCN Virtual private network (VPN) service TorGuard has begun accepting Lightning Network payments on the main bitcoin network, even though the technology has yet to receive an official production release. TorGuard made the announcement on Twitter, stating that “testnet is so boring” and telling users to contact customer support for details on how to purchase the The post ‘Testnet Is So Boring’: TorGuard Accepts Bitcoin Mainnet Lightning Payments appeared first on CCN

Cointal Introduces Cryptocurrency Trading via Centralized Multi-Cryptocurrency P2P Marketplace

Nowadays, everyone is curious about cryptocurrencies and underlying blockchain technology since they both have gained worldwide acceptance. It has resulted in the creation of many opportunities for meaningful, creative projects some of them contributing to growing fintech space, which attracts many startups and investors. However, because of the complex nature of the current trading systems in terms of complications with identity verification, and security protocols, many potential users are still confused to invest. Cointal aims to overcome the biggest inconvenience found in existing trading platforms. The Market Demand We can see a growing demand for an enhanced cryptocurrency platform. Users want a highly secure, well-structured and easy-to-use platform that offers them all the abilities, information and approaches needed to enter the cryptocurrency market. Cointal offers all the requirements to the community as a rising blockchain startup that is scaling the P2P crypto-marketplace. About Cointal The Coin Portal, called Cointal, is a London-based Peer to Peer Cryptocurrency marketplace that aims to revolutionize cryptocurrency market, making it easily accessible to users. Cointal is on its way to become the world’s first centralized multi-cryptocurrency P2P Marketplace, dealing with trading of fancied cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH) and Litecoin (LTC). The platform lets users choose the most suitable deals and trade the most profitable cryptocurrencies and exchange them for cash afterwards. The Core Features Cointal connects sellers and buyers, providing them the benefits of various payment modes, security, speed, simplicity and low fees. Stable payment modes and trading are the platform’s priorities. Cointal offers a multi-secure wallet without any limit for deposit and withdrawal for cryptocurrencies. It is backed by 24/7 support, globally accessible service, complete transparency, an Escrow and strong Feedback system, Anti-hacking measures, a mobile app, and other features. Cointal has partnered with BitGo, a leader in cryptocurrency solutions to offer secured, digital wallets for storing their assets. Mohammed Imad G, the founder and CEO of Cointal, says: “We want to restore freedom in the cryptocurrency community. After experimenting with other makeshift solutions, we saw a clear opportunity to simply give users what they want: a versatile, stable, and secure platform for trading cryptocurrencies.” The Unity Program The company is soon coming up with its unique Unity Service that will enable users to trade in different cryptocurrencies using Paypal, ACH/SEPA transfers, credit cards and other modes of payments. Users will be able to execute transactions instantaneously, without any limit on spending. Cointal has already processed more than USD15 million worth of transactions in last two months. During these 2 months, Cointal has generated some interesting stats, involving Total Trades volume beyond USD15 Million, a total of more than 10.000 users, among them 2.389 users have claimed and enjoyed their Cointal Builder advantages (Including, but not limited to, free trades), involving users around more than 2596 cities in the world. Their presence is described as remarkable over the social networks, and no user has been left behind. The support team is available 24/7 over their Intercom Live Chat and has scored a median time response of 1.6 minutes, becoming the quickest and most helpful platform in the market as of late. The Cointal team is currently preparing to launch an ICO sometime soon. More information about the platform is available at https://www.cointal.com/ The post Cointal Introduces Cryptocurrency Trading via Centralized Multi-Cryptocurrency P2P Marketplace appeared first on NewsBTC.

HOT NEWS

- Advertisement -

RANDOM POSTS TODAY