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Nalezeno "r/Bitcoin": 62842

German Banks Authorized to Store and Sell Cryptocurrency in 2020


Next year German banks will be able to manage cryptocurrencies like bitcoin after the fourth EU money laundering directive goes into effect. The directive passed in the German parliament, Bundestag, allows banks in the country to act as cryptocurrency custodians rather than rely on third-party...

Photonics Bitcoin Mining Tech Aims to ‘Democratize’ Energy Use


Three researchers have published a paper at Cornell University’s arxiv.org proposing a system called Optical Proof of Work (OPOW) to potentially be employed in Bitcoin mining. According to the paper, “heavy reliance on electricity has created scalability issues, environmental concerns...

BCH Trades Above $220, Gets Grounded Support from Short-term MAs


Bitcoin Cash falls from a price peak of $243.2 to $222.2 in a span of 7 days BCH price is supported by the short-term moving averages Bitcoin Cash is trading persistently above $200 since past three days, despite sailing under utter selling pressure Bitcoin Cash (BCH) price exhibits the S/R flip...

Crypto Employees in China Work From Home to Avoid Government Pressure


Not too long after embracing blockchain, Beijing has made it clear, one way or the other, that it didn’t mean Bitcoin. Increased scrutiny over the cryptocurrency sector and harsh measures against some companies have been implemented to supposedly protect citizens from scams. Sources say...

Is Russia Set to Ban Bitcoin Pay?


Russia’s increasingly confusing cryptocurrency policy continues to develop – and the latest curveball is a proposed ban on payments made using Bitcoin and other cryptocurrencies. Per a report from media outlet Izvestia, the country’s Central Bank and the regulatory Federal Financial Monitoring...

Bitcoin and Altcoins Could End November In Bullish Zone


In the past three sessions, there were mostly range moves in bitcoin price above the USD 7,350 and USD 7,400 support levels. BTC/USD seems to be forming a support base and it could continue to rise above the USD 7,550 and USD 7,650 resistance levels. Similarly, there are positive signs emerging...

Coinbase Patents AI Compliance System to Monitor and Flag Accounts


Popular U.S. cryptocurrency exchange Coinbase received a patent November 19, for an AI-driven compliance system which would monitor customer accounts, flagging those deemed non-compliant and recategorizing them for corrective action. Described as a “compliance determination and enforcement...

Bitcoin (BTC) Bounces Back, Swing Traders Paradise!


Bitcoin’s current price is a swing trader’s paradise with clear support and resistance zones. It is respecting Fibonacci levels on weekly and daily time frames like clockwork. Using weekly and daily charts with Simple Moving Averages, Ichimoku Kinko Hyo, Fibonacci Retracement Tool, and...

Is Plustoken to Blame for Bitcoin’s Sell-Off?


Armchair theorists love postulating the reasons behind bitcoin’s latest price rise or sell-off. From China FUD to exchange hacks, anything and everything is fair game for blame. Plustoken is the latest bitcoin bear-maker that’s being credited with the last three months of downward price...

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