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Europe Refuses To Accept Private Digital Currencies

Almost every finance minister in the European Union agrees that private digital currencies are not to be allowed within the region. All of the regulatory and financial security issues they pose do not outweigh the benefits they may bring to the local population. Although there are antitrust laws that prevent these companies from manipulating their customers’ financial wellbeing, there are still issues where a specific digital currency company could mingle with the numbers. However, the finance ministers do agree that digital currencies are a very important asset to have in a country or in a region, as long as it...

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Bitcoin Bulls All Set To Charge Ahead

Way before when the falling wedge that we now see on the BTC/USD chart was a thing, we discussed in one of our video analyses from last month that people are going to gradually start talking about it and it will become common sight to see traders posting about it. That has finally happened and even though some think the falling wedge has yet to be broken, we believe that has already been broken and tested as support. The price is now ready to rally higher soon as it breaks out of the symmetrical triangle. This triangle now has just...

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How XRP Is Being Used To Change Blockchain Gaming

The gaming sector in itself is a huge industry worth exploring but with blockchain, it has the potential to grow even more. The gaming space has experienced a change in recent years with Virtual Reality being introduced Looking outside of the current use cases of blockchain tech like trading and creating assets, gaming on the blockchain has been getting a bit of attention over the past few weeks.  The gaming sector in itself is a huge industry worth exploring but with blockchain, it has the potential to grow even more. The gaming space has experienced a big change in recent...

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Craig Wright's Legal Team Messes Up And Requests A 32,850 Day Extension To The Year 2109

Craig Wright has just asked the court to extend the deadline for his response to Kleiman’s latest motion. Now whereas that isn’t unusual in itself, the extension request is for 90 years… The self-proclaimed Satoshi Nakamoto, Craig Wright and his legal team have just asked the court to extend the deadline for his response to Kleiman’s latest motion. Now whereas that isn’t unusual in itself, the extension request is for 90 years… This was clearly a mistake but if the judge had given the green light to Wright’s request, his response to the fee motion wouldn’t be due until December...

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Major Bitcoin (BTC) Breakout Is Just Around The Corner

A major Bitcoin (BTC) breakout is just around the corner as we can see on 30 min chart for BTC/USD. This breakout is likely to push the price towards the top of the ascending triangle. If this weekend is as inconsequential as the last few weeks then we might see a subsequent decline down to the bottom of the ascending triangle over the weekend partly erasing a potential bullish move. The rationale behind this is that EUR/USD is currently the major driving force behind Bitcoin (BTC).  Cryptocurrency trading is dominated by whales for the most part at this point in...

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