Bitcoin Price Plumbing Previous Support
Bitcoin price made a full retracement of the week’s advance and seems to be finding support at the base of the prior advance. By late yesterday, price had returned to the level from which this week’s advance had launched. Just prior to this report, the market again again tested this level at 2500 CNY and $380 ($375 in some exchange charts). Without acting on such anticipation, we might see a reversal here – back to a temporary advance and later returning to this very same level being established as a new support floor near $380 and 2500 CNY. The price pattern is reminiscent of a similar....
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PRESS RELEASE. Rooter-Man, a plumbing, septic, and drain cleaning franchise with 776+ service locations throughout North America has partnered with MyCryptoCheckout to develop a pilot program that enables customers to spend digital currencies. Rooter-Man is known for providing fast and friendly plumbing services around-the-clock and has served millions of customers throughout its 50+ years in business. The company has been named the #1 Plumbing Franchise by Entrepreneur Magazine for the last 19 years (2003-2021). MyCryptoCheckout is a non-custodial cryptocurrency payment gateway and API,....
When I walked into Matt Branton's downtown office in early March to talk about his Bitcoin-based content micropayments system Coinlock, he was shopping for plumbing equipment. At least that's what it seemed like - he was on some obscure web store browsing valves, levers, tubing, t-joints, and whatnot (if you can guess, I know nothing about plumbing). This seemed odd for a Bitcoin developer. As it turns out, Branton was getting ready for Tampa's Startup Bus 2014, which was to leave for South By Southwest just a few days after our meeting. He was browsing for tubes and valves because he was....
Jonathan Levin is a digital currency consultant and entrepreneur. He previously co-founded and served as CEO of Coinometrics. . Payment systems are systems of pipes and valves that allow monetary transfers between people all over the world. To most, they sit insulated from view. Even when in plain sight they evade comprehension. With large responsibility for errors and lack of acknowledgement for progress, there has been little innovation and construction of new pipes. Bitcoin represents a new way to re-plumb the financial system on a decentralised architecture. However, much like the....
Breaking $19,000 will be "very hard" for bears, say analysts at Whalemap, with this still allowing Bitcoin to dive below the $20,000 highs from 2017. Bitcoin (BTC) edged closer to the significant $30,000 support on June 8 amid predictions that a major crypto correction was imminent.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBulls line up to protect $30,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD making repeated lower lows on short timeframes during June 8.A previous dip took the pair to $32,000 before a brief rebound, with that level subsequently....
A firefighter’s take on today’s precarious economic mechanics and how bitcoin steps in as an empowerment tool for the middle class.