That’s the week done in the bitcoin price, and for our final analysis of the week, we’re going to do something a little different. Regular readers will be aware that our standard approach is to set up a couple of key levels, one serving as support (to the downside) and one serving as resistance (to […]
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Bitcoin network congestion continues to pose problems in the cryptocurrency ecosystem. Albeit things seemed to have calmed down, there is another massive transaction backlog forming right now. It is unclear what is happening exactly, yet some people claim this is another spam attack. With over 55,000 transactions waiting to be confirmed, things are not looking […]
Mining manufacturer Bitmain has announced new litecoin hardware it is aiming to ship in July. The China-based company listed the Antminer L3+ miner on its website yesterday, claiming that it will be the most powerful and efficient of its kind on the market. Published specifications indicate that the miner operates at a peak hash rate of 504 […]
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Testing has begun on a blockchain-based gold trading platform backed by the UK’s Royal Mint. Source
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Digital currency exchange Bitifnex has withdrawn its lawsuit against US banking giant Wells Fargo, a week after it was first filed. Source
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Another day, another run in the bitcoin price. Things didn’t move as much as we might have liked during the session today, and it’s looking like we’re going to head into this evening’s session out of Europe in a similar position to that which we started it. No worries – we’ll just shift our range […]