The bullish move for Bitcoin continues as price action managed to break major resistance levels in the past three days. As of press time, Bitcoin is trading at the $8,335 level. Total market capitalization is now at $300 billion and…
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Crypto Business in the Philippines: P3.6 Billion Expected from License Issuance for Entry of Approved Cryptocurrency Exchanges
Last April, the Philippine government has approved the entry of cryptocurrency exchanges to conduct business in the Cagayan Economic Zone Authority (CEZA). These legalized exchanges will enjoy tax benefits, will be allowed to offer Initial Coin Offerings (ICOs), and may…
Cryptomarket Plummets Again, Bitcoin and Ethereum Struggles to Gain Upward Momentum – Technical Analysis
The cryptocurrency market took another downward turn after plummeting through the month of May and trading sideways through the first week of June. On June 9, Bitcoin price started plummeting and eventually bounced off the support level at the $6,100…
Bitcoin Forms Flag Pattern on Four-Year Log Chart, Decisive Move Ahead – Technical Analysis
The Bitcoin price action during the month of May was relatively bearish. After rejecting the $10,000 mark twice, Bitcoin plummeted back to the $7,000 support level. As of press time, Bitcoin is trading at the $7,400 level after a successful…
Crypto Bloodbath Gets Extended, Bitcoin Forming a Triple Bottom – Technical Analysis
The crypto bloodbath that started during the first week of May seems to be having an extension as crypto prices continue to plummet during the weekend. Prices of the top cryptocurrencies got pulled back to the March 31 lows, which…
How do ‘Whales’ Impact the Value of Bitcoin
“Whale” is the term used referring to an investor with a lot of budget and has the capability to move the market by buying or selling in really large volumes. The movements of crypto whales can provide important price signals to…
“WordPress of Startups” : Blockchain start-up Elemential is working on making enterprise blockchain easier
Building an enterprise blockchain, developing apps using it, and deploying the apps on it need to have processes, methods, and tools that make it easier to use. Mumbai, India-based blockchain start-up Elemential is working on their Hadron and Federated Network…
Learn the Basics of Litecoin Mining
This past week, altcoins have started gaining traction, and are increasing prices alongside Bitcoin. If you are interested in mining, this guide will give you basic knowledge on how to mine Litecoin (LTC), including the software and hardware required to…
Why Using Bitcoin for Everyday Purchases is a Good Thing
“I don’t want to spend my Bitcoin because I believe it will become worth more in the future.” This sounds sensible to many Bitcoin holders, but one of the founders of Arnhem Bitcoin City proved that this is impractical, and…
Intel patents hardware accelerator for Bitcoin mining
Before the year 2018 ends, cryptocurrency mining operations in Iceland will have consumed more energy than the household energy consumption of the country. Cryptocurrency mining is very energy-intensive. This may change. Tech giant Intel has patented a hardware accelerator technology…
