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Market Update - Shaky Start To August Pulls BTC, ETH, XRP, BCH And EOS Down

This weekend has marked a strong negative start to August. This came off the back of a promising start to the week that really seemed to inject an air of positivity back into the community. The weekends negative movements however have done a great job of sucking the optimism out of us all. As it stands, August looks to be about as much fun as May, April and June, helping us into the latter half of the year with a pretty bad feeling about what’s to come. Today’s major headline seems to be: Bitcoin won’t see an ATH this year,...

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New Coinbase Plugin Will Help Bitcoin, Ethereum, Litecoin, & Bitcoin Cash Reach Millions

The digital currency exchange Coinbase, headquartered in San Francisco has released a new plugin available to now download. A new plugin has been released by Coinbase which will give millions of websites the power to accept major digital currencies such as Bitcoin, Bitcoin Cash, Litecoin and Ethereum. The plugin will also allow merchants to accept digital currencies directly from clients all around the world. This plugin is intended to work with WooCommerce, the popular open-source platform that is currently designed to work with over three million WordPress websites. In a new blog from Coinbase, they announced the new plugin and...

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Ethereum (ETH) Correction Is Almost Over, Green Days Up Ahead

Ethereum (ETH) is now close to its long term trend line and will soon have to test the bottom of its ascending channel as can be seen on the ETH/USD daily chart above. The price has yet to break past the downtrend resistance but technical indicators are preparing for the next run up. The correction seems to have run its course and with Ethereum (ETH) at the bottom of this channel, it is reasonable to assume that a new cycle can start from here. Analysis of RSI conditions for Ethereum (ETH) on the daily chart shows that it has followed...

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Queensland Government To Support Payments In BTC, LTC, ETH, DASH And XEM

According to reports out today, local authorities in Queensland are alleged to be piloting a programme that could see the adoption of a number of cryptocurrencies within the state. The currencies in question include Bitcoin, Litecoin, Ethereum, Dash and NEM. The project is set to see the government approve work by a company called TravelbyBit, an established cryptocurrency project that allows merchants to accept cryptocurrency payments. According to Bitcoinist.com, Kate Jones, Queensland’s Minister for Innovation and Tourism Industry Development has said: “TravelbyBit has devised a clever way to make it easier for visitors to our state to pay for their...

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Market Update - BTC, ETH And XRP Down, MIOTA Breaks Away

Is it correction, or is it something else? Is this trend just what we need to get used to for August too? The markets are down once again, except this time, the major cryptos are taking big leaps downwards. The markets have been so volatile the past few weeks, we had hoped that off the back of some positivity, this week would give us a nice level playing field through which we could build some hope for August. There is good news in here of course, with Bitcoin dominance flying high. For now though, as it stands the markets are...

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