Posts

Bank Freeze Forces Korean Crypto Exchange Bithumb to Disable New Accounts: Report

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South Korean crypto exchange giant Bithumb has suspended the issuance of new KYC bank-linked virtual accounts after failure to renew and establish a contract with a bank, as mandated by new guidelines this year. Starting today, August 1, Bithumb – one of Korea’s ‘big four’ exchanges – is no longer issuing new virtual accounts to customers due to the lack of a banking partner, according to a report by Business Korea. The freeze will not impact customers who already have virtual accounts at the exchange, used for deposits and withdrawals through linked bank accounts. Read whole article...

Blockchain Platform to Allow Users to Trade Gold for Virtual Currencies

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A company is creating an ecosystem where tangible assets such as gold can be traded for virtual currencies in a digital environment. The platform, known as the Digital Gold Exchange (DGE for short,) says it has the goal of establishing a place where users can securely store their assets and trade with others “quickly, safely, and without intermediary intervention.” Read whole article...

BTC update 31st July

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BTC now trading around 7710. As you know fibonacci retracement happens a lot in the world of bitcoin. The magic number we are looking is 0.618 (61.8%). If we look at the first retracement in the image you will see that the lowest point compared to the highest point is the total fib range. At the end of the retracement you see we are at 61.8% and had a run up. If we look at the seccond fib retracement we see the same thing. Currently we are at the 0.618 (61.8%) level again so we should expect a run up. To determine how much of a run it will be, we can take the whole fib range (0 to 1) and this would determine how high the run could be seen from the 0.618 fib level. In this case we could see a run towards 8950. I know this is a bit confusing if you don't do technical analysis etc. but maybe we can learn something together. We also want to let you guys know we don't grab some random numbers and hope these are the correct ones ;) Conclusion : fibonacci at support level 0.618 and we

We are back!

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Oke we are back! you guys must be thinking "where did they go, no signals?, are they gone?" No we are not and we would like to apologize for the absence! There where a couple of issues, first of all google play looking in to mining and crypto apps so we had to deal with that first. Don't worry we are not mining of you guys!!. second we had some family issues and as you all can understand, family comes first. The signals will increase over time as we have more and more time now and have more options to work on the app again. We hope you all understand the situation and we will keep you posted as we recover from these hectic times. Again very sorry for not being there for you guys!!

Clarifying the Bitcoin ETF Confusion and the Impending SEC Ruling

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On August 10th, 2018, the SEC will announce their decision to either approve, deny or extend the decision-making period on Cboe/VanEck/Solid X’s Bitcoin ETF. As that historic date rapidly approaches, both excitement and chaos regarding its details have ramped up. Here are a few conflicting or unclear stories circulating regarding proposed ETFs. Read whole article...

Bitwise Files With US Securities and Exchange Commission to Launch Crypto ETF

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Digital asset manager Bitwise has filed with the U.S. Securities and Exchange Commission (SEC) to launch a regulated exchange-traded fund (ETF) for cryptocurrency, according to a July 24 press release. The Bitwise HOLD 10 Cryptocurrency Index will include 10 cryptocurrencies, and will track the Bitwise HOLD 10 Private Index Fund that was founded in November. According to the press release, the HOLD 10 Index captures around 80 percent of total market capitalization of the cryptocurrency market. Read whole article...

BTC update 24th July 2.0

Afbeelding
BTC now trading around 8200. Ok the cool off happened faster then we thought :p We told you 8300 would be the next target and it kind of did... touched 8300 and down to 8200. Again bitcoin needs some cool off time now. 8000 would act as support now. If we go beneath that mark it would mean a  correction. We think a bit of sideways action again and the  another run up to 8600. Dont forget to set your stop loss! DISCLAIMER : We are not professional traders nor financial advisers. Please invest/trade at your own due diligence! You can't hold us responsible for losing money on trading signals we give you. You and you only take responsibility if you buy crypto and lost on these trades. So do your own research before buying. Our trading  signals are purely informational.