Cryptocurrency News

The relatively high transaction fees on the Bitcoin network were a major topic of conversation last year, but these fees have been plummeting so far in 2018. According to data from CoinMetrics, bitcoin miners are now collecting less than a third of the value they were collecting in fees at one point in December 2017.So whats causing this decline in the costs of on-chain transactions Is it as simple as declining demand leading to a lower price Are there other factors at play Lets take a closer Read more...

Following one of the largest hacks in the history of cryptocurrency, Japanese cryptocurrency exchange Coincheck has announced that it will comply with an order from Japans Financial Services Agency to improve its business operations.On Friday, January 26, 2018, Coincheck was hacked, resulting in the loss over over $530 million USD worth of NEM XEM tokens. A full transcript of the announcement from Coincheck executives can be found here. The core of the problem was that Coincheck was keeping t Read more...

BTCC is exiting the Chinese market to focus on making digital currencies accessible to everyone globally. This acquisition by a Hong Kongbased blockchain investment fund is a milestone for BTCC and will allow BTCC to focus on global digital currency adoption.BTCC, located in China and founded in 2011, was the worlds oldest bitcoin exchange until it closed in September 2017 under pressure from the Chinese government. It changed business focus to its international pool, wallet and exchange mark Read more...

The World Economic Forum WEF has long been a lightning rod of global discussion on economic, social and political trends. This years gathering in Davos, Switzerland, was no exception.Blockchain technology emerged center stage last week as a key discussion theme, receiving praise from attendees for its cutting-edge potential. Bitcoin and the future of cryptocurrencies, too, were highly discussed topics at the forum, not just casually but also in an official session and a few panel discussions. Read more...

Looking back at bitcoins parabolic curve, we can see notable lines of support and resistance throughout its market cycle. Two highly reliable sources of support and resistance are the set of 50/200 EMAs and the Fibonacci Retracement set from the beginning of the bull market to the top of our current all-time highFigure 1 BTC-USD, 1-Day Candles, Macro TrendOver the last couple days, bitcoin has attempted to break the overhead resistance surrounding the 38 retracement values and the 50 EMA on t Read more...

At the end of 2017, Belarus President Alexander Lukashenko signed aDigital Economy Development Ordinance, aimed at developing the countrys IT sector and attracting blockchain technology companies, capital and talent from all over the world.Belarus becomes the first state in the world which opens up broad opportunities for the use of the blockchain technology, said Lukashenko. We have all opportunities to become a regional center of competence in this field.According to the Belarus News Agency Read more...