March 3, 2016

Bitcoin Price Technical Analysis for 03/04/2016 – Quick Pullback?

Bitcoin Price Key Highlights As mentioned in the previous update , bitcoin price broke below a symmetrical triangle consolidation pattern visible on the 1-hour time frame. Price is hesitating to head further south, though, indicating that a pullback might take place first. Using the Fibonacci…

cineramaMarch 3, 2016

Bitcoin Business

What Gives Bitcoin Value?

One of the topics confusing a lot of people is what gives Bitcoin value. The opinions on this topic will vary heavily as there does not seem to be a clear-cut answer to this question. At the same time, there is no wrong answer to…

cineramaMarch 3, 2016

Bitcoin Business

BTCUSD Price Technical Analysis – Bears Waiting to Jump In

BTCUSD recently made a strong break below a symmetrical triangle, confirming that further losses are in the cards. However, sellers are still hesitating to take price lower, possibly waiting for an opportunity to short at a much better price. Applying the Fib tool on the…

cineramaMarch 3, 2016

Bitcoin Business

Remittance: Tokyo to Manila on a Fast Lane with Rebit.ph

Bitcoin’s potential to transform foreign remittance industry is very well known. It is also one of the services rendered by multiple cryptocurrency startups across the world. The conventional remittance system includes either the Western Union or MoneyGram. While they have a decent reach across the…

cineramaMarch 3, 2016

Bitcoin Business

Shortest Month Yields New Trading Highs of $2.2m for First Global Credit

March 3, 2016 Geneva / London / Hong KongFirst Global Credit, the first company allowing bitcoin holders to trade mainstream stocks announced that in February $2.2m worth of stock and currency trading took place on the website. This represents a new high in the amount…

cineramaMarch 3, 2016

Bitcoin Business

Explosive first week for mining hardware provider Mining Palace

Bitcoin Press Releases : “ROI before the halving!” Does that sound good. Well Miner Palace thinks so too. How’s this for a great deal on mining hardware, $700 Spondoolies SP31, or try a $350 Antminer S4+. These are the low prices customers are flocking to…

cineramaMarch 3, 2016

Bitcoin Business

Crypto-Mine Review

The time has come to look at another cloud mining company called Crypto-Mine. Similar to a lot of other platforms in this particular industry, this site is looking to attract investors from all over the world, by offering them high ROI rates and an affiliate…

cineramaMarch 3, 2016

Bitcoin Business

Bitcoin Price Decline Gradual

Bitcoin price decline accelerated overnight. Downside progress has seen price dip below $420 earlier today, and a correction currently has price retesting this level. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here . Not a member? Join now…

cineramaMarch 3, 2016

Bitcoin Business

South Africa’s Biggest Online Marketplace Adds Bitcoin Payments

Bidorbuy, an online auction and marketplace in South Africa and among the biggest e-commerce platforms in Africa has included bitcoin as a mode of payment for users – buyers and sellers in the marketplace. Major African e-commerce platform Bidorbuy has enabled bitcoin as a payment…

cineramaMarch 3, 2016

Bitcoin Business

Bitcoin Ransomware Education – Virlock

Throughout the past few years, many consumers and businesses have come face to face with some form of ransomware. Even though some of these attacks have been successfully thwarted, most infections result in the Bitcoin ransom being paid without much delay. Virlock was bringing something…

cineramaMarch 3, 2016

Bitcoin Business

Bitcoin’s Capacity Issues No ‘Nightmare’, But Higher Fees May Be New Reality

While bitcoin may not be facing a "nightmare" scenario as indicated by the media, digital currency users are now paying higher-than-average fees and waiting longer for transactions to confirm due to an unknown disruptive network user.The incident has sparked a flurry of questions about the…

cineramaMarch 3, 2016

Bitcoin Business

Bitcoin Classic Hard Fork Likely to Activate at 71% Hashrate Support

Bitcoin Classic , an attempt to implement an alternative version of the Bitcoin protocol with a higher block size limit, has been one of the biggest stories in the blockchain space over the past few months, and one of the key areas of debate over…

cineramaMarch 3, 2016

Bitcoin Business

R3 CEV Explores Five Blockchain Service Providers for Banking Purposes

Several dozen banks and other financial institutions are focusing their attention on incorporating distributed ledger technology in their existing infrastructure. While there are several different ways to use the blockchain for economic needs, one of the first projects to be thoroughly tested comes in the…

cineramaMarch 3, 2016

Bitcoin Business

“The eBay of Africa” Bidorbuy Now Accepts Bitcoin Payments

Bitcoin can make a big impact in Africa, as the continent lacks a stable financial infrastructure in most areas. On top of that, most African countries are plagued by hyperinflationary fiat currencies, making it that much harder for people to make ends meet. Now that…

cineramaMarch 3, 2016

Bitcoin Business

BTCS Executives Donate Personal Shares to Benefit Consumers’ Research

Bitcoin Press Releases : Arlington, VA – (Marketwired – March 3, 2016) – BTCS Inc. (OTCQB: BTCS) (“BTCS” or the “Company”), a blockchain technology focused company which secures the blockchain through its transaction verification services business, announced its CEO and COO have donated shares of…

cineramaMarch 3, 2016

Bitcoin Business

Factom CEO: Blockchain-based Transparent Mortgages Can Restore Trust in Markets

Blockchain technology is being adopted by firms into new domains far removed from just cryptocurrencies these days. One recent example of this is Factom that last week signed a deal to integrate its solution with Ancun Zhengxin’s electronic data notarization services in China . We…

cineramaMarch 3, 2016

Bitcoin Business

Vote for Crypto! Bitcoin vs. Greenback in US Elections

In 2015, Rand Paul became the first major U.S. presidential candidate to accept Bitcoin for campaign donations . Several other candidates for lower office have accepted Bitcoin before and have since, leveraging its ease of use and ability to energize new donor bases. CoinTelegraph spoke…

cineramaMarch 3, 2016

Bitcoin Business

Bitcoin Miners and Core Developers Release SegWit, Hard Fork Agreement

On February 21, representatives of the Bitcoin mining industry and a group of Bitcoin Core developers met in Hong Kong to discuss a solution to the Bitcoin block size scaling problem. After meeting for more than 18 hours, they released a statement with agreement on…

cineramaMarch 3, 2016

Bitcoin Business

R3 Tests Its Blockchain Network With 11 Leading Banks

Eleven member banks of the R3 consortium, a collaborative group of the world’s largest and most influential banks and financial institutions, including Barclays, BMO Financial Group, Credit Suisse, Commonwealth Bank of Australia, HSBC, Natixis, Royal Bank of Scotland, TD Bank, UBS, UniCredit and Wells Fargo…

cineramaMarch 3, 2016

Bitcoin Business

24option – Binary Trading in World Markets

Investing in Binary Options is becoming one of the most common ways to multiply digital coins. There are a few Binary Options Brokers already accepting Bitcoin and only two or three of those are trusted professional brokers.Today, we will introduce you to 24option . Bitcoin…

cineramaMarch 3, 2016

Bitcoin Business

Visa Looks for Senior Developer for Virtual Currency & Blockchain Research

Visa has, in a job posting, revealed that it is looking to hire a senior software engineer to be a part of its research team to help develop a “secure and scalable blockchain” network. The job posting comes via a posting by Visa Research, a…

cineramaMarch 3, 2016

Bitcoin Business

Cryptocurrency Exchange 247exchange Expands To Canada

247exchange has expanded its cryptocurrency exchange services for bitcoin, Litecoin , Peercoin and Namecoin to Canada, allowing Canadians to buy cryptocurrency with CAD. Canadians can also buy bitcoin using a credit or debit card. 247exchange is owned by InterMoney Exchange, which is registered under different…

cineramaMarch 3, 2016

Bitcoin Business

SEC Registered Bitcoin Mining Fund Goes After Eager Investors’ $100m

Are you an ultra wealthy person looking to get into bitcoin mining but don’t want to get your hands dirty or risk upsetting any regulators too much? Now you have a solution. Genesis Mining, a cloud mining provider, announced the launch of the world’s first…

cineramaMarch 3, 2016

Bitcoin Business

Bankable?

ONLY banks are allowed to hold deposits at the Bank of England. What if that privilege were extended to others? A new speech by Ben Broadbent, deputy governor of the Bank of England, tries to spell out the economics of opening up the bank’s balance-sheet.Expanding…

cineramaMarch 3, 2016

Bitcoin Business

Ethereum Skyrockets, Now Bigger Than All Other Altcoins Combined

In the past few months it seems like Ethereum is only going higher and higher every day – and today is no exception. However, what makes today’s jump in the price of Ether different is that it marks significant milestones in a possible road to…

cineramaMarch 3, 2016

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