Litecoin Price Technical Analysis for 7/7/2015 – Sky is the limit! – newsBTC
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Litecoin Price Technical Analysis for 7/7/2015 – Sky is the limit!
newsBTC Litecoin has jumped another 12% since yesterday, adding to its surreal gains and decimating the bears. In my previous analysis, I had recommended shorting the cryptocurrency near $ 5.300 by placing a stop-loss above $ 5.500 and Litecoin has proved me … |
Global Economic Outlook: Markets Hold Their Breath
European stocks declined and the euro made an early drop as the outcome of the Greek referendum and their rejection of austerity had investors flee to the traditional safe havens of US Treasuries, German bunds and the Japanese yen. Following an “equities bailout” by the Peoples’ Bank of China the Shanghai Composite index lifted after the past few weeks’ $ 3.2 trillion sell-off. This post is powered by the Bitcoin Trading Network xbt.social – CCN29 and get 29USD off! In the Calendar This Week The spotlight falls on this week’s Euro Summit, tomorrow 7 July, where politicians and finance ministers will […]
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Bitcoin Price Pushing Higher On Expected “No” Vote
The Bitcoin price started advancing on 28 June after Greek Prime Minister Alexis Tsipras announced a referendum following a deadlock in Greece’s negotiations with creditors. The Day of Greckoning has arrived and, once again, trade is pushing higher. Will a Greek “No” vote spark a rally? This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $ 29 discount using the code CCN29. Bitcoin Price Analysis Time of analysis: 14h52 UTC Bitstamp 1-Hour Chart From the analysis pages of xbt.social, earlier today: Price is pushing up against […]
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Bitcoin Block Chain Forking
The BIP66 update was meant to align miners on stricter cryptographic signatures through a form of block chain Democracy. As part of the BIP rules, once 950 of the past 1,000 blocks upgraded to the newer version all miners would older version blocks. This morning the network met that goal and a small, non-upgraded miner mined an older version block. Instead of rejecting the block roughly half the network accepted it and the Bitcoin block chain forked between software versions. The bogus chain began when the BTCNuggets mining pool mined an out of date block. Though the main chain orphaned […]
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Litecoin Price Technical Analysis for 1/7/2015 – A Disturbing Fall from Peak – newsBTC
newsBTC |
Litecoin Price Technical Analysis for 1/7/2015 – A Disturbing Fall from Peak
newsBTC How times change! Just yesterday, I wrote an analysis Bears Have Been Smoked! and today, I am going to write about Litecoin's frightening collapse from its 8-month high. Backed by strong momentum and positive mood, Litecoin jumped to $ 4.670, a level … |
Hacker Savaka Blackmails Plex for Bitcoin Ransom
Users of the Plex media server and home theater software with forum accounts needed to change their passwords this morning. The change comes following an announcement from the company alerting users to a hack that compromised email address, messages and passwords. The hacker exploited a PHP vulnerability and is currently blackmailing Plex and their users – demanding a payment in bitcoin to prevent releasing the private information.
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Bitcoin Price – Potential Watershed at $250
The 1-day Bitcoin price chart is looking more bullish every week, yet there are some immediate technical influences at smaller timeframes that are affecting price. Technical analysis looks at a bearish influence in the 4-hour chart that is presently pushing price down. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $ 29 discount using the code CCN29. Bitcoin Price Analysis Time of analysis: 05h38 UTC Bitstamp 4-Hour Chart From the analysis pages of xbt.social, earlier today: Price Action The lower high in the middle of […]
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Paypal Shuts Down in Greece – Bitcoin Still Operates
As if everything to do with money is not bad enough, Greeks no longer have access to their PayPal accounts, reports Quartz. Capital controls imposed by the Greek government mean that Greek citizens can only withdraw 60 euros (effectively 50 euros after ATMs have run out of 20 euro notes) and online payment service, PayPal, has been left crippled, as a result. PayPal relies on the traditional banking sector and credit card industry for all its transactions to flow. Announced by a PayPal spokesman today: Due to the recent decisions of the Greek authorities on capital controls, funding of PayPal […]
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Litecoin Price Technical Analysis for 1/7/2015 – A Disturbing Fall from Peak – newsBTC
newsBTC |
Litecoin Price Technical Analysis for 1/7/2015 – A Disturbing Fall from Peak
newsBTC How times change! Just yesterday, I wrote an analysis Bears Have Been Smoked! and today, I am going to write about Litecoin's frightening collapse from its 8-month high. Backed by strong momentum and positive mood, Litecoin jumped to $ 4.670, a level … |
Exascale Supercomputer Targets 36 MB Block Sizes; Will Give Away Cryptocoins To Drive Mining
Exascale Power Co., a Portland, Ore.-based company that plans to build a supercomputer in New Mexico, has released more details about its plan to boost the power of the block chain processing infrastructure. Highlights include: • The company plans to increase block sizes from 1MB to 36MB, providing processing in under 10 minutes. • Exascale is introducing a new cryptocurrency called Kalbon. For the time being, the company is offering free Kalbon to anyone requesting it. Miners will have 1MB block sizes to start with and will be eligible for financing to upgrade to 36MB Kalbon. • The company’s supercomputer […]
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