Events Archives – The Basics about Cryptocurrency

Consensus 2015, CoinDesk’s inaugural conference, was held in New York last week. The event featured a wide range of speakers, including prominent figures from the crypto space, traditional finance, law enforcement and aid sector who engaged in a wide range of discussion topics; including the potential use-cases for bitcoin and blockchain technology. Below is a …

ltc usd Archives – The Basics about Cryptocurrency

In the previous Litecoin price technical analysis Flat Action, we discussed that if Litecoin fails to cross the resistance posed by the level of $3.160, it runs the risk of entering into a range. As can be seen, Litecoin has plummeted 4.44 percent to $2.907 as traders resorted to profit taking near the resistance. Another …

Bitcoin XT Archives – The Basics about Cryptocurrency

The Scaling Bitcoin workshop held in Montreal, Canada from September 12-13 aimed to discuss several issues currently affecting the industry. One of the biggest topics on the table was that of the block size limit, which could be addressed through scalability. Among the presentations made during the bitcoin conference was on the scalability of non-currency …

Bitcoin Price Watch; Back to Breakout! – The Basics about Cryptocurrency

Yesterday afternoon, in the second of our twice daily bitcoin price watch pieces, we mixed things up a little bit. At time of writing we remained well within the range we had pre-slated as the one to watch for the morning session, and this gave us two choices. One, remain with that framework only (which, …

Bitcoin Price Technical Analysis for 16/9/2015 – Bears Reassert Their Dominance – The Basics about Cryptocurrency

Bitcoin has had a very quiet start to this week after the bulls failed to protect their support level of $235 during the last Sunday. The cryptocurrency recently took support from the mentioned technical level and rebounded to $240 before the selling pressure humbled the buyers. Bitcoin is now trading at $230.49 and is being …