CryptoCoins News, 1/1/0001 12:00 AM PST Bitcoin price is drawing sideways above $240. This is the level of the 1-hour chart's 200-period moving average as well as an annual price pivot - a level of support and resistance derived from 2014. Repeated attempts on this level implies that the market wants to trade price into decline. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis Time of analysis: 18h23 UTC Bitfinex 1-Hour Chart From the analysis pages of xbt.social, earlier today: As […] The post Bitcoin Price Returns To Challenge Support appeared first on CCN: Financial Bitcoin News. |
CoinDesk, 1/1/0001 12:00 AM PST Some investors have abandoned the bitcoin sector altogether, while others have chosen to buckle in for the "long road ahead". |
CryptoCoins News, 1/1/0001 12:00 AM PST The bitcoin trading platform OKCoin is currently down and has been for more than 12 hours according to a reddit user. When visiting OKCoin.com you will receive a Cloudflare error as seen below: There has been reports claiming that the servers OKCoin uses are undergoing Emergency Maintenance due to abnormalities caused by server interruptions. Let's hope the maintenance is over soon so OKCoin's clients can access their funds again. CCN is monitoring the situation. Also read: Roger Ver & OKCoin in Dramatic & Public Contract Dispute The post Bitcoin Trading Platform OKCoin is Down appeared first on CCN: Financial Bitcoin News. |
CryptoCoins News, 1/1/0001 12:00 AM PST An issue that has been the source for months of debate and rancor throughout the Bitcoin mining and developer community over Bitcoin's block size appears to have reached a long-awaited resolution. Within the most recent BitcoinXT update, Gavin Andresen has begun the process of revising the block chain individual block size from 1 MB to 8 MB starting next year. This is deemed necessary for the overall growth and usability of Bitcoin, as the current limits of seven transactions per second are becoming insufficient for the growing global community as consumer and business interest increases. These impending updates were revealed […] The post Bitcoin Block Size Conflict Ends With Latest Update appeared first on CryptoCoinsNews. |
CryptoCoins News, 1/1/0001 12:00 AM PST An issue that has been the source for months of debate and rancor throughout the Bitcoin mining and developer community over Bitcoin's block size appears to have reached a long-awaited resolution. Within the most recent BitcoinXT update, Gavin Andresen has begun the process of revising the block chain individual block size from 1 MB to 8 MB starting next year. This is deemed necessary for the overall growth and usability of Bitcoin, as the current limits of seven transactions per second are becoming insufficient for the growing global community as consumer and business interest increases. These impending updates were revealed […] The post Bitcoin Block Size Conflict Ends With Latest Update appeared first on CryptoCoinsNews. |
CryptoCoins News, 1/1/0001 12:00 AM PST In February 2014, the DEA seized $11,000 from Charles Clarke, a college student, who was never convicted of any crime. The DEA seized Clarke's money using a process known as civil forfeiture, and he still hasn't gotten any of the money back. While noticeably egregious, The Institute For Justice demonstrates that Clarke's case doesn't scratch the surface of what's being called "policing for profit". Civil Forfeiture Civil forfeiture is a procedure that allows law enforcement agencies in the United States to seize property without convicting a person of a crime. The government doesn't even need to charge a person with […] The post DEA Seizes Innocent College Student's Money in Policing for Money appeared first on CCN: Financial Bitcoin News. |