Category: Bitcoin Price

How Japan’s New Regulations Affect Bitcoin Exchanges

What the Bill Means for Bitcoin Exchanges Japan’s Payment Services Act and the Act on Prevention of Transfer of Criminal Proceeds were amended on May 25, 2016, to impose certain regulations on digital currency exchange service providers, including bitcoin exchanges. The drafts of proposed amendments were announced by the Financial Services Agency of Japan (FSA) …

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International Securities Regulators Publish Blockchain Research

The International Organization of Securities Commissions (IOSCO), a cooperative group of global securities markets regulators, has published a wide-ranging research paper that includes findings on blockchain tech. The 70-plus page paper, published Wednesday, casts a wider net on the world of fintech, exploring areas such as peer-to-peer lending and robo-advisors. It comes just under a …

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Bitcoin Price Technical Analysis for 02/10/2017 – Bears Are Attacking!

Bitcoin Price Key Highlights The recent sharp drop in bitcoin price turned out to be an omen for an even larger selloff, causing a break below the ascending channel support. This breakdown suggests that a reversal from the previous uptrend could be in the cards, possibly taking it down to the lows near $700. News …

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Paris Fintech Forum Showcases Government’s Interest in Blockchain Technology

Fintech is the hottest industry segment of this year. The competition in the European fintech industry has heated up in anticipation of the Brexit. The recently held Paris Fintech Forum has pushed France’s fintech ecosystem into the spotlight. The potential benefits offered by blockchain and other fintech applications has increased the demand for new age …

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Bitcoin Price Technical Analysis for 02/03/2017 – Watch Out for Profit-Taking!

Technical Indicators Signals The 100 SMA is above the longer-term 200 SMA on the short-term time frames so the path of least resistance is to the upside. On the 15-min and 1-hour charts, bitcoin price is moving above an ascending trend line connecting the lows since the start of February and might be due for …

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Bitcoin Price Technical Analysis for 01/25/2017 – Descending Triangle Forming

Bitcoin Price Key Highlights Bitcoin price has formed lower highs on its 1-hour time frame and found support around $900. This has led to the creation of a small descending triangle consolidation pattern on the short-term chart. The direction in which price breaks out could set the longer-term trend for bitcoin. Bitcoin price is currently …

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Bitcoin Price Technical Analysis for 01/10/2017 – Early Bullish Signal?

Bitcoin Price Key Highlights Bitcoin price has been under a lot of downside pressure lately, thanks to warnings from the Chinese government on bitcoin exchanges and traders. Price has consolidated after its sharp drop at the beginning of the month as investors are now waiting for more clues. Bitcoin formed a small symmetrical triangle visible …

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