Category: Market Analysis

Bitcoin Technical Analysis for 11/7/2015 The calm before the storm

In our previous technical analysis for 11/6 we speculated that if prices hold steady for the next day there may be a sign that stability is here. The recent bull run signaled the completion of the 1 year long bearish market. Because of the sudden decrease in trading volume post the bull run, we speculate that the market will try to stabilize between strong support and resistance orders. pantheo from tradingview suggests that …
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ProtonMail Taken Down In DDoS Attack After Paying Bitcoin Ransom

Whenever a company or service provider targeted by an attack by hackers, they are not always given the chance to pay a ransom. Even if that were the case, paying up the money being demand is not always a viable option. ProtonMail was recently faced with the dilemma of paying up 15 Bitcoins or being taken down by a DDoS attack. Despite making the payment, their services were taken out …
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Bitcoin Technical Analysis 11/6/15 – Volatility Strikes

Bitcoin has been in a bullish uptrend over the past few days with a clear and strong defining trend set by the positive markets. Many reasons have been attributed to the current rise, but the fact that china has unofficially recognized the validity and use of Bitcoin has been the one main reason behind the current price increase. As bitcoin has risen to over 100% in just a mater of …
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Uber Needs To Accept Bitcoin Next To Cash Payments in Indonesia

One of the most-talked about companies over the past few months is none other than Uber. Despite facing a ton of criticism from government officials and the general public, it is impossible to envision a world where car-sharing services like Uber are not part of everyday life. In a recent surprising turn of events, the company started accepting cash payments in Indonesia, yet people have been asking for Bitcoin integration …
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