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Tag Archives: july

Bitcoin news roundup, July 30, 2017

This week’s summary of various cryptocurrency news and developments: New developments: A BTC-e operator was arrested, accused of laundering $4 billion, there may be a connection to the Mt Gox hack Various reports indicate that a 38-year-old Russian man recently arrested in Greece for money laundering was an operator at popular cryptocurrency exchange BTC-e. The man, Alexander Vinnik, is accused ... Read More »

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Bitcoin price Analysis 28 July 2017

Bitcoin’s Civil War is not yet over. These past 2 weeks, the price of Bitcoin was in limbo, trapped between breaking higher or breaking down to lower levels. An impending blockchain hardfork on August 1 is perhaps responsible for the tension that could send prices lower. But there is also the overarching bullish trend from late 2016 that is set ... Read More »

Bitcoin news roundup, July 22, 2017

This week’s summary of various cryptocurrency news and developments: New developments: BIP 91 has locked in with 84.7% support, but Bitcoin isn’t scaled yet Bitcoin’s scaling debate may finally be over, as Bitcoin Improvement Proposal (BIP) 91 has locked in with 84.7% support from miners who signaled for the proposal during 269 blocks, according to data from Coin.Dance. This allows ... Read More »

Bitcoin news roundup, July 16, 2017

This week’s summary of various cryptocurrency news and developments: New developments: Darknet market AlphaBay shut down by authorities; alleged admin found dead in Bangkok Reports suggest AlphaBay disappeared alongside unfolding raids in Canada, Thailand, and the United States. When the raids were first reported a spokesperson stated that a suspect had been arrested in Thailand, and now it is known ... Read More »

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Bitcoin Price Analysis 12 July 2017

Will Bitcoin Tear Itself Apart? This week, the Bitcoin market sentiment seemed to suddenly turn from bullish to bearish overnight. Alternative cryptocurrency markets also turned bearish, as the sharp decline of bitcoin dragged everything down with it. Ethereum dropped 40% from $280 to a low $198 as at writing this. Bitcoin market dominance, a metric that tracks the market capitalization ... Read More »

Bitcoin news roundup, July 9, 2017

This week’s summary of various cryptocurrency news and developments: New developments: Darknet market AlphaBay down for over +90 hours AlphaBay, one of the most popular darknet markets out there, has been down since Tuesday night. The online marketplace’s moderators, after over a day, informed users on Reddit that servers were being updated and that the marketplace would soon be back ... Read More »

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Bitcoin Price Analysis July 4th

The Scaling Debate Weighs on the price of Bitcoin Over the past 3 weeks, the price of Bitcoin has been reflective of the tension in the community surrounding a protocol scaling deadlock. Traders are clutching at straws, hoping for a return to the exciting bull trend since 2015. But the failure to break the $3,000 level, and a scaling debate ... Read More »

Gun Amnesty autralia

Australia Gets Gun Amnesty, Better Mail Screening in July

Between July 1 and September 30, the Australian Federal Government will run a mass illegal firearm amnesty. For three months, anyone with an illegal, unregistered, or unwanted guns can dispose of it at police stations throughout Australia. This will be the first national illegal weapon amnesty in 20+ years. The Federal Government recreated the program from 20 years ago, save ... Read More »

Bitcoin news roundup, July 2, 2017

This week’s summary of various cryptocurrency news and developments: New developments: Bitcoiners created a petition asking Amazon to accept bitcoin and litecoin payments A new petition on Change.org is asking Amazon founder and CEO Jeff Bezos to start accepting both bitcoin and litecoin payments on the online marketplace, stating that Amazon’s customers would benefit from the move. Low transaction costs, ... Read More »

Bitcoin Price Analysis 29 July

This week was mostly a sideways range bound trend, that didn’t break out until Friday/Saturday. Marubozu – a flat ended long candlestick is common in break outs, to force past resistances or support. What followed was a gradual trend approaching $ 300 in a series of steps – highest top at $ 298. At the time of writing this, price ... Read More »

Bitcoin Price Analysis 22 July

This week, bitcoin continued in a correction; a pullback from a strong upswing that broke out of a 6 month long flat resistance at $316, 2 weeks ago. “A market correction refers to a price decline of at least 10% of any security or market index following a temporary upswing in market prices” (around $ 284) Thrusting above this significant ... Read More »

DNM Recap: July 17th

The last week or two had quite some happenings, here is a short recap of the most important news from the previous week / 10 days: Lethal Weapon Listings Are Prohibited From Agora Agora Market has taken action to stop all lethal weapon listings from the marketplace. The admins have posted a PGP message to the website that every user ... Read More »

This week on Bitcoin markets. . . 15th July

This week, the price of bitcoin stepped up its recent momentum, shooting up from a shallow retracement bottom at $ 262, up to a new 4 month high of $ 316. 5 months since the last time this price level was breached in a failed attempt, piercing right through $ 300 resistance level was a strong indicator of intent. Last ... Read More »

This week on Bitcoin markets. . . 8th July

After peaking at $269 last week, right after coming up against resistance coinciding with 200 exponential moving average line, price retraced to support at $252. Quite normal after sharp rises; markets usually need to consolidate, some profit taking follows and any excess supply is exhausted before resuming a move up. Which is what happened after bottoming out at $252; price ... Read More »

Weekly Bitcoin Update – 26 July 2014

A recap of the week’s biggest Bitcoin stories from the perspectives of the best sources for e-currency news around the web Industry News Bitcoin’s valuation has once again dropped below the $600 mark. As Joon Ian Wong of CoinDesk reported on July 24th, the cryptocurrency fell to a low of $591.46 at 13:35 UTC. During the thirty days prior to ... Read More »