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Tag Archives: march

Cryptocurrency news roundup, March 2, 2018

This week’s summary of various cryptocurrency news and developments. New developments: G20 calls for cryptocurrency regulation suggestions by July, puts off crackdown During this year’s G20 summit in Buenos Aires, Argentina, the world’s economic leaders revealed that they prefer to refer to cryptocurrencies as “crypto-assets,” and implied a crackdown on cryptocurrencies is out of the picture, although cryptos could have ... Read More »

Cryptocurrency news roundup, March 18, 2018

This week’s summary of various cryptocurrency news and developments. New developments: Binance is offering $250,000 for information that leads to hackers’ arrest As covered by DeepDotWeb last week, cryptocurrency exchange Binance – which often sees trading volumes above $2 billion – had to thwart a large scale theft attempt that saw hackers manipulate the market to then try and cash ... Read More »

Cryptocurrency news roundup, March 10, 2018

This week’s summary of various cryptocurrency news and developments. New developments: Cryptocurrency exchange Binance fended off a ‘massive’ theft attempt One of the largest cryptocurrency exchanges, Binance, was recently hit with a large scale theft attempt, that it managed to fend off. According to a report published by the company, hackers have been phishing its users since early January, and ... Read More »

Cryptocurrency news roundup, March 3, 2018

This week’s summary of various cryptocurrency news and developments. New developments: ING Group reveals Bitcoin exchange Bitfinex has an account with it Dutch financial services company ING recently revealed that popular cryptocurrency exchange Bitfinex has a bank account with it. Ever since the exchange saw Wells Fargo sever ties with it last April, it wasn’t clear where it was banking, ... Read More »

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Bitcoin price analysis April 21 2017

The price of Bitcoin looks ripe for an attempt to break past the all time $1350 high on Western exchanges. In fact, a significant segment of the market is extremely bullish with forecasts as high as $1400, $1600 and even $2000. Since the sharp sell off to $891, after the $1350 pre-ETF announcement high, price has been going up in ... Read More »

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Bitcoin Price Analysis 29th March 2017

The Bitcoin Bull Trap This week the price of Bitcoin broke down to new lows, last seen in 2016 before the infamous run up to $1350. It has only been 20 days since the top. $895 caught plenty of traders off guard, as they soaked in the reality of a hard fork induced bear market. Since the last price analysis, ... Read More »

Bitcoin news roundup, March 26 2017

This week’s summary of various cryptocurrency news and developments: New developments: A bitcoin scaling meeting may take place in May According to CoinDesk, a small group of bitcoin industry leaders, developers, and miners plan on discussing the cryptocurrency’s future in a meeting taking place in New York, in May. A notice including a list of potential guests was posted to ... Read More »

Bitcoin news roundup March 19, 2017

This week’s summary of various cryptocurrency news and developments: New developments: A code bug exploit knocked nearly 70% of Bitcoin Unlimited nodes offline On March 14, nearly 70% of nodes running Bitcoin Unlimited (BU) were knocked offline, after a bug in the software’s code was found. The bug was first flagged by a BU developer, but then spread on social ... Read More »

Bitcoin news roundup, March 5, 2017

This week’s summary of various cryptocurrency news and developments: New developments: Self-proclaimed bitcoin creator Craig Wright is filing numerous blockchain-related patents Craig Wright, the Australian businessman who has, in the past, claimed to be Satoshi Nakamoto, was recently on the news due to an investigative report published by Reuters. The report claims Craig Wright is filling dozens of blockchain-related patents, ... Read More »

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Bitcoin Price analysis March 1 2017

Bitcoin Makes New Historical Highs – This week the price of Bitcoin continued up from last week’s $1122 to a new all time high (ATH) price across all exchanges. European exchange Bitstamp, clocked in at $1222, $55 above the $1163 high from December 2013. Soon after, price dipped back below the all time high on the 2H – 6H time ... Read More »

Bitcoin Price Analysis March 30. 2016

This week  the price of bitcoin has been moving up in a series of higher lows, from a low bottom $382, but, only marginally moving up from a sideways trading range active since the first week of March. This 12 hour chart from Bitstamp shows $420, a resistance and support level, tested multiple times in a bid to break up ... Read More »

Bitcoin Price Analysis March 15. 2016

This week, the price of bitcoin continued its retracement from March 5th’s $382 low. Price action was limited to a $10 range flanked by $420 on the upper and $410 on the lower end. Breaking above the $410 resistance was necessary, after two attempts at breaking, it finally caved on March 8. On the days that followed, $410 held strong ... Read More »

Bitcoin Price Analysis March 9. 2016

This week, a wedge price structure fell sharply through $416 support to the downside, falling to a low $382. This was after trading in a $10 range, between $416 and $424. $382, an expected target on the downside has forced a retracement since March 6, correcting up to $416, now a resistance. Trades are settling at $409 on Bitstamp as ... Read More »

Bitcoin Price Analysis March 2. 2016

This week, bullish sentiments across the market have almost hit fever pitch. Traders are all watching the same pattern unfold, since November 2015, a high probability upper breakout. Raoul Paul, ex- Goldman sachs hedge fund manager tweeted this chart above saying “On the subject of Bitcoin, this wedge offers a high probability of a big upside breakout soon.” Because almost ... Read More »

Bitcoin Price Analysis March 31st

This week the market was mostly in a correction, consolidating sideways while gradually retracing from the bottom in what I observe to be a corrective wave. The last impulsive drop from $280 and $270 exhibited a similar pattern. A 3 wave motive move to the bottom, with intermittent corrections. Retracement up from $247 to $271 was a 50% retracement – ... Read More »