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Tag Archives: Signals

GPU Revenue Signals Growth of Cryptocurrency Demand

Record sales by GPU manufactures, Nvidia and AMD, signals that consumer demand for cryptocurrency mining and thus cryptocurrency is continuing to increase. Last week Nvidia posted first quarter revenue of $3.21 billion USD, of which $289 million USD, or 9% of total revenue, was attributed to cryptocurrency mining sales. AMD, Nvidia’s chief rival, also reported first quarter revenue of $1.65 ...

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Is Dank Signals Truly the Most Important Upcoming ICO Project?

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. Cryptocurrency ...

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Ether Price Analysis: Bullish Signals Show Strength in Ether

Since bottoming in the mid $300s, ETH-USD has managed to almost double in price over the course of a month. The support at the bottom came from the top of the previous reaccumulation trading range shown below: Figure 1: ETHUSD, 12-Hour Candles, Previous Trading Range Whether this is nothing more than a brief respite in an overall downward trending market ...

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Mixed Signals: China’s PBoC Doesn’t Recognize Digital Currencies Like Bitcoin, But Are They Looking to Create Their Own?

Speaking at a press conference on the sidelines of the annual session of the National People’s Congress, Zhou Xiaochuan, the governor of the People’s Bank of China (PBoC), made it clear that the country does not recognize Bitcoin and other digital currencies like it does traditional banking tools such as paper money, coins, and credit cards: “The banking system does ...

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Crypto Misery Index Signals Good Times Ahead

A ‘misery index’, a contrarian index for Bitcoin created by Fundstrat Global Advisors, is at the lowest point since September 6 2011, 18.8, signaling a buy. The misery index ranges from 0 to 100 and whenever the index drops below 27 it is a signal that a Bitcoin price increase is ahead. The index is meant to be contrarian to ...

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Russia: Vladimir Putin Signals Obligatory Cryptocurren… | News

Russia’s president Vladimir Putin has signalled cryptocurrency regulation in the country should become law “by July 1” this year, according to the official government publication Parlamentskaya Gazeta Feb. 28. Putin has set in stone the release date for a regulatory package, now called the Digital Assets Regulation Bill, which first appeared last year. Its introduction will end years of uncertainty ...

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India Signals Crackdown on Bitcoin, Cryptocurrency Usage

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. In presenting the country’s budget plan for 2018 today, Indian finance Minister doubled down on refusing to recognize cryptocurrencies like bitcoin as legal tender amid talk of a wider crackdown on their usage. Speaking at the Indian Parliament while presenting the Union Budget 2018-19 today, India’s finance ...

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Do-It-Yourself Trading Strategies for All With Signals

You check the buy wall in the order book or the latest tweet on the coin’s feed for market-moving announcements or perhaps it’s your favorite Telegram chat room that you turn to for trading signals or a notification from a news site you rely on for up-to-the-minute information on cryptocurrency news and the coins you follow. And of course, there’s ...

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China Signals Clampdown on Digital Currency Pyramid Schemes

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. China’s Ministry of Public Security and the State Administration for Industry and Commerce (SAIC) have decided to jointly work to curb the spread of online pyramid schemes, according to a ministry notice. The public security organs have detected a large number of national pyramid schemes, including some ...

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