The is currently trading towards the $600.00 distribution territory and a strong breakout of the territory could lead to a great substantial increase in the market price northward, up to the next immediate distribution territory of $700.00 and above. Traders can join the trend by entering long positions but, on the other hand, if it pulls back strongly, it then indicates that the bears are trying to play back into the market.
Automation is happening. Bank branches have given way to ATMs in all corners and to online banking. Shopping checkouts are now more machine checkouts. Oyster cards in London make ticket...The post Vitalik Buterin Says He’s “Destroyer of Jobs, Creator of Better Ones” appeared first on Trustnodes.
Coinbase continues to grow with its acquisition of Earn.com this week, getting both a CTO and a company out of the deal. In the meantime, the New York Attorney General is working to bring greater transparency into how cryptocurrency exchanges operate with a letter and a three-page questionnaire going out to 13 exchanges, one of which is Coinbase.The seemingly neverending struggle to find a new online ad model continues with a new proof of concept slated to be released next month from a triumvirate of companies with different interests in the question, IBM, Salon and AdLedger. Advertising however is the least of the problems faced by Telegram as Russian security forces try to crack down on the popular messaging app, even going so far as to block huge swathes of IP addresses.Featured stories by Amy Castor and Nick MarinoffStay on top of the best stories in the bitcoin, blockchain and cryptocurrency industry. Subscribe to our newsletter here.Coinbase Buys Earn.com, Gaining Top Talent in the ProcessCryptocurrency exchange Coinbase is buying Earn.com, a social network that allows users to earn digital currency by replying to emails and completing small tasks online. In the process, Coinbase has made Earn.com co-founder and CEO Balaji Srinivasan its CTO.Coinbase has been on a bit of a buying binge lately having just acquired Cipher Browser last week, making Earn.com their fifth acquisition. While Coinbase has...
Bitcoin and other cryptocurrencies cannot replace the U.S. dollar because they fail the basic test of what a currency should be. That’s what John Williams, the incoming head of the Federal Reserve Bank of New York, insists. “Cryptocurrency doesn’t pass the basic test of what a currency should be,” Williams said on April 20, as reported … ContinuedThe post Bitcoin Isn’t Currency, Can’t Replace Dollar, Says Incoming New York Fed Chief appeared first on CCN
Antpool, the mining pool operated by hardware manufacturing giant Bitmain Technologies, recently announced that it is "burning" 12 percent of the transaction fees it receives from mining Bitcoin Cash (BCH).
A woman in Illinois is facing up to 20 years in prison for a Bitcoin murder-for-hire plot she put in place against the wife of the man she had an affair with. Love can make people do horrible things, especially when that love is directed at someone who is currently married to someone else. Tina Jones, a 31-year-old woman in Illinois, has been arrested by police and is being charged in a murder-for-hire plot inRead MoreThe post Love Turns Ugly as Woman Arrested for Bitcoin Murder-For-Hire Plot appeared first on Bitcoinist.com.
In the world of blockchain and cryptocurrency, there is no shortage of innovative ideas. If Mithril is any indication, the way we think about social media will come to change in quite spectacular fashion. This particular project aims to decentralize social media and reward content creators in a fair and transparent manner. The Idea Behind Mithril One could argue that there is no shortage of social media platforms out there. That is certainly true, but all of them are designed to harvest user data. Mithril takes a completely different approach, as it aims to put the “social” back in social media.
The BTC/USD chart has shown a bullish reversal above the southward trend line and, if the bears manage to claw the price down, then there can be some smaller thick accumulation territories below the distribution territory of $8,000.00. In this regard, investors can watch out for taking a long entry while price reverses.
Despite the pullback from $9,060, the outlook for bitcoin, the world's largest cryptocurrency, remains bullish.
It is safe to say that plenty of cryptocurrency enthusiasts have some degree of political ambition, and it seems there is an interesting development taking place where OTCBTC is concerned. The company’s CEO, Yi-Ting Cheng, has made it clear that he will run for mayor of Taipei. It’s a rather surprising development, but one that also makes a lot of sense for him. Running for Mayor of Taipei If there is one thing that has become painfully evident, it is that most politicians couldn’t care less about technology or its potential implications. This does not just apply to cryptocurrency, but also to