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Bitcoin Process 1 Billion US While Banks Stay Closed

Yesterday was President’s Day in America. Schools were shut, no government offices functioned and even the stock markets rested. While the banking system napped though over $7 billion in Bitcoin was traded. Bitcoin Rebounds As Banks Take The Day Off Unlike the stock and commodities markets, cryptocurrency trades 24/7. It recognizes no national holidays, doesn’t mind working on Sundays and ...

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Can Default SegWit Support Make the Bitcoin Price Rise Even Higher?

Bitcoin is undergoing some big changes as we speak. In the latest client update, SegWit becomes enabled by default. It is a big step forward to improving the scalability of this cryptocurrency ecosystem. Boosting SegWit Adoption Quite some time ago, the Bitcoin network was slated to receive a scaling update. Known as Segregated Witness, the solution was not to everyone’s ...

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Kraken Reinstates Delisted Currency Pairs and Advanced Order Types

Cryptocurrency exchanges are constantly evolving. Kraken, one of the world’s leading cryptocurrency trading platforms, introduced some new big changes. Advanced orders and 10 different currency pairs have been added to the platform overnight. Advanced Orders On Kraken Kraken has been working hard to improve its overall user experience. Earlier this year, the firm made necessary infrastructure upgrades. Delayed orders and ...

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Litecoin Cash Lifts Off on First Day of Trading

When forks occur, which is quite often in crypto land, the original one tends to have a good run up. This is largely due to the promise of free equivalent tokens from the new fork to holders of the original. Traders want to get in both for the price boost of the first coin, and the added bonus of free ...

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Can Steven Seagal’s Celebrity Power Help Fund B-Rated ICO?

Action star and martial arts master Steven Seagal’s latest role has him playing the part of cryptocurrency spokesman but, can his combination of Hollywood magic and Akito moves save this lost cause? Can This Ageing Action Star Kickstart Bitcoiins Success Steven Seagal has weathered over three decades in one of the toughest business there is by sticking to a formula; save ...

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Ripple Price Technical Analysis – Can XRP/USD Break 100 SMA?

Key Highlights Ripple price is struggling to move higher and is currently trading below $1.0850 against the US dollar. There is a major contracting triangle pattern forming with resistance at $1.0700 on the hourly chart of the XRP/USD pair (data source from SimpleFx). The pair has to move above $1.0700 and the 100 hourly simple moving average to move further ...

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NEO, EOS, LTC, IOT and Lumens

Question is: will altcoins continue charting its way up now that buyers are picking prices from key support levels? In my opinion, it looks likely but I’m a little bit skeptical about NEO bull pressure. Mind you, this token was resilient and didn’t full go to the dregs like the rest. In fact, all things equal, the recovery has been ...

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Ethereum Price Technical Analysis – Can ETH/USD Hold This?

Key Highlights ETH price is slowly moving higher, but it is currently facing sellers near $940 against the US Dollar. There is a connecting bearish trend line forming with resistance at $940 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is currently just above the 100 hourly simple moving average and it remains supported near $900. ...

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