Tag: Bill Barhydt

Bitcoin Price Watch: Currency Slumps to New Monthly Low

Another drop is in the books, and bitcoin is hovering at a monthly low of approximately $7,400. While predictions remain relatively varied, some believe that bitcoin may be heading towards a “death cross,” and that the price could drop to new levels before any serious recovery is experienced. First and foremost, a death cross occurs when an asset’s short-term average sinks lower than its long-term average. Sadly, this has occurred …
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Bitcoin Price Watch: Currency Still at $7,900, but Analysts Remain Bullish

Bitcoin is holding its ground at $7,900. There is no news to report regarding its price – only that it seems to have developed new levels of resistance and could remain here over the coming weeks. This isn’t necessarily a bad thing; bitcoin is showing strong defense against recent trends and backlash, particularly that which was delivered by Twitter. The company recently announced that it was suddenly banning all cryptocurrency …
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Mobile Remittance App Abra to Expand Globaly

Bill Barhydt, CEO of mobile payment application Abra, said today that his company has plans to expand its services to the rest of the world by November of next year, according to a telephone interview with CoinDesk. Abra has also informed investors that the company’s expansion strategy includes establishing a presence in North and South America, as well as Australia, Asia, Europe and the Middle East. In September of 2015, …
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