FxWirePro: BTC/USD consolidates in narrow range, bias higher, stay long
Jun 07, 2017 09:06 am UTC| Digital Currency
BTC/USD in the red in a narrow range on Wednesday after it hit a fresh all-time high at 2933 levels on June 06. It is currently trading at 2827 levels at the time of writing (Bitstamp). Ichimoku analysis of daily...
FxWirePro: BTC/EUR downside capped by 23.6% fibo, good to buy on dips
Jun 07, 2017 08:43 am UTC| Digital Currency
BTC/EUR has recovered sharply after forming a minor bottom around 1940 and jumped till 2621 levels (CEXIO). Intraday weakness can be seen only below 2420 level. It is currently trading around 2539 at the time of...
Blockchain Caucus co-chairs request tax guidance for virtual currencies from IRS
Jun 07, 2017 05:49 am UTC| Digital Currency
After the members of the US Congress sent a letter to the Internal Revenue Service (IRS) on the agencys ongoing tussle with digital currency exchange Coinbase, co-chairs of the Blockchain Caucus have also sent a letter to...
US House Financial Services Committee to hold hearing on virtual currencies
Jun 07, 2017 05:01 am UTC| Digital Currency
The United States House of Representatives Financial Services Committee is going to hold a hearing on virtual currencies on Thursday, 08 June 2017. The hearing, entitled Virtual Currency: Financial Innovation and...
Bitcoin’s backlog and slow transaction times make BitCart enable Dash only orders
Jun 07, 2017 04:16 am UTC| Digital Currency
In the wake of extremely slow bitcoin transaction confirmations and settlement speeds, fintech startup BitCart has moved to disable bitcoin transactions from its platform and accept Dash orders only. The company said...
Social trading network eToro launches cryptocurrencies investment CopyFund
Jun 06, 2017 12:00 pm UTC| Digital Currency
On the heels of a pilot blockchain wallet, social trading network eToro has announced the launch of a new cryptocurrencies investment CopyFund. According to the official release, eToro CopyFunds allow users to invest in...
FxWirePro: ETH/USD consolidates around 250, bias higher, good to go long on dips
Jun 06, 2017 10:22 am UTC| Digital Currency
ETH/USD is continuing rangebound trading on Tuesday as it hovers around 250 levels hit on June 04. It is currently trading at 247 levels at the time of writing (BTC-e). Ichimoku analysis (Daily chart): Tenkan-Sen:...
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