Decentralized Stablecoin Dai is Now Available to Retail Customers on Coinbase Exchange

The addition of Dai stablecoin on Coinbase exchange is another milestone the latter is making in its bid to provide more to customers. However, while Dai stablecoin is now available to retail customers, those in New York will have to wait a bit longer. With the listing gone live, Coinbase customers can now buy, sell, […]

La entrada Decentralized Stablecoin Dai is Now Available to Retail Customers on Coinbase Exchange se publicó primero en Crypto Economy.

A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.

Blockchain 101 · Crytpo Currency Market
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Trezor: Hardware Wallet
Binance: Exchange for Traders
Ledger Nano S: Hardware Wallet
Coinbase: Exchange for Investors
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Bitcoin [BTC] – Coinstar in Collaboration with Coinme Expands its Bitcoin Buying Service to 2,200 Locations across 21 US States

Coinstar, the mega US ATM kiosks operator has expanded its Bitcoin buying service in collaboration with blockchain startup Coinme to 21 states across the United States and the District of Columbia. The expansion was announced on Wednesday through a press release that stated the service will be enabled for 200 more ATMs in an extra […]

La entrada Bitcoin [BTC] – Coinstar in Collaboration with Coinme Expands its Bitcoin Buying Service to 2,200 Locations across 21 US States se publicó primero en Crypto Economy.

A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.

Blockchain 101 · Crytpo Currency Market
—————————————————
Trezor: Hardware Wallet
Binance: Exchange for Traders
Ledger Nano S: Hardware Wallet
Coinbase: Exchange for Investors
CoinSwitch: Wallet-to-Wallet Exchange

Bitcoin [BTC] Price Analysis: Prices Ranging but with AT&T, is Bitcoin (BTC) Ready for $8,500?

Latest Bitcoin (BTC) News Bitcoin prices are swinging, dipping to $7,500 at some point yesterday but swiftly recovering. However, it is what is behind the strong bounce that is piquing interest from industry players. At spot rates, BTC did manage to wipe out yesterday’s losses and even though prices are ranging within a $1000 zone, […]

La entrada Bitcoin [BTC] Price Analysis: Prices Ranging but with AT&T, is Bitcoin (BTC) Ready for $8,500? se publicó primero en Crypto Economy.

A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.

Blockchain 101 · Crytpo Currency Market
—————————————————
Trezor: Hardware Wallet
Binance: Exchange for Traders
Ledger Nano S: Hardware Wallet
Coinbase: Exchange for Investors
CoinSwitch: Wallet-to-Wallet Exchange

Another Pullback Paused as Bitcoin Bounces Back Towards $8k

For the second time in as many weeks the Bitcoin pullback that was expected has not materialized. BTC found support above $7,800 and its slide has been halted … for now.

Bitcoin Bounces Back

Yesterday NewsBTC reported that the correction had started and there was a strong possibility of Bitcoin dropping all the way down into the low $6,000s. After failing to break resistance at $8,300, following several attempts, BTC started a move downwards that looked pretty convincing. It reached an intraday low of just over $7,500 before turning around and marching back upwards. Crypto markets dumped around $15 billion as a result.

Since then BTC has recovered over 5 percent to climb back over $7,900 where it has been for the past few days. Clearly there will be another test of resistance over $8,000 again. Crypto trader ‘CryptoFibonacci’ has been looking at the charts and has found a few areas of support and resistance which line up with exponential moving averages;

“$BTC Daily Chart. Hugging the 10 ema, with support from the 20 ema hanging just under. If that 20 breaks, a retest of the flash crash low should happen. Still bullish the longer it hangs in this area as it builds a new base to move off.”

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Longer term moving averages such as the 50 and 200 day are used to predict longer term trends but these short ones can provide a good indication of support and resistance on a daily basis. On the one hour chart Bitcoin is posting lower highs as it tries repeatedly to break resistance;

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It does appear to have settled back in the channel and may well remain there for a few more days. Trader Josh Rager has previously commented on the 30% corrections that Bitcoin has gone through several times in the past. This year has yet to see one of that magnitude but it is still to be expected. From current prices a 30% pullback will send BTC back to $5,500. Rager added that these patterns provide a great opportunity to take profits from shorter term trading;

“$BTC: Reward of buying pullbacks. Previously examined how Bitcoin often experienced 30%+ pullbacks during last uptrend. But we didn’t discuss how buying these pullbacks can reap rewards. The average gain after a 30%+ pullback was over 153% profit before the next strong pullback,”

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Many traders and investors are still waiting for this to occur as prices have been surging upwards without any significant retreat since early February. Last Friday’s flash crash knocked just 15 percent off Bitcoin’s price so a larger correction is still expected. At the time of writing Bitcoin had recovered from yesterday’s minor 5 percent pullback and was heading back to the $8k area once again.

Image from Shutterstock

The post Another Pullback Paused as Bitcoin Bounces Back Towards $8k appeared first on NewsBTC.

Another Pullback Paused as Bitcoin Bounces Back Towards $8k

A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.

Blockchain 101 · Crytpo Currency Market
—————————————————
Trezor: Hardware Wallet
Binance: Exchange for Traders
Ledger Nano S: Hardware Wallet
Coinbase: Exchange for Investors
CoinSwitch: Wallet-to-Wallet Exchange

Bitcoin [BTC] – World Leading Mobile Carrier AT&T Now Accepts Bill Payments in Bitcoin

AT&T, US-based telecoms giant has declared itself the first “major U.S. mobile carrier to provide a cryptocurrency payment option to customers” after launching a service that will enable its customers to pay their phone bills through cryptocurrency. In an announcement on Thursday, May 23th, the leading telecommunications company published a press release that revealed a […]

La entrada Bitcoin [BTC] – World Leading Mobile Carrier AT&T Now Accepts Bill Payments in Bitcoin se publicó primero en Crypto Economy.

A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.

Blockchain 101 · Crytpo Currency Market
—————————————————
Trezor: Hardware Wallet
Binance: Exchange for Traders
Ledger Nano S: Hardware Wallet
Coinbase: Exchange for Investors
CoinSwitch: Wallet-to-Wallet Exchange