Bitcoin Price Watch; 500 on the Cards?
It's a fresh week's trading in bitcoin, so here’s what we are looking at in today’s session. Yet again, we’ve had a pretty eventful weekend in the bitcoin price. We surmised that we might see some volatility on the Asian open, but actually ended up seeing the most volatile action early Sunday morning. Having gained throughout Saturday to overnight (and intraweek) highs just shy of 450 flat, price took a sharp hit to carve out weekend lows of 425.88 – a level that will feature in today’s trading strategy. Since these lows, we’ve been trending pretty steadily to the side, with what looks to....
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Earlier this morning we published our pre-session bitcoin price watch piece. We suggested the levels to watch in the bitcoin price throughout today's European session, and pointed out that we had finally seen some action in the bitcoin market over the weekend, and that we would be looking to draw on this volatility to get in and out of the markets today. Action has now matured, and as we head into the Asian session this evening - what are the levels that we are watching tonight, and are we looking at a range bound, or breakout strategy going forward? Let's take a look. First, consider the....
Here's what we are looking at for tonight's bitcoin trading session. Levels remain from this morning, risk parameters tightened slightly. In this morning’s bitcoin price watch piece, we outlined the range that we would be focusing on for the early morning session in the bitcoin price market, and noted that an element of indecision across the board (induced by the ongoing debate over the technical fundamentals of bitcoin and the blockchain) might stifle any sustained directional volatility – that is, at least, until one side of the market gained an edge. We’ve now come to the end of the....
SpectroCoin, the U.K.-based bitcoin exchange and wallet, has introduced bitcoin debit cards denominated in USD and GBP, complementing its existing EUR-denominated cards. These cards remove the fiat conversion fees needed with regular debit cards when using a specific denomination in a foreign country. Bitcoin debit cards make it easier for bitcoin holders to use bitcoin for making both online and offline payments. The bitcoin-funded cards remove the need to convert bitcoin into fiat to make payments. The SpectroCoin cards are accepted where MasterCard and Visa are accepted. Users can fund....
Bitcoin is considered to be the best companion of the tourists. Thanks to the universal nature of the digital currency, it can be used anywhere in the world, provided the merchant accepts it. But now we have bitcoin-powered debit cards. These cards are like normal debit cards issued by banks except that it is connected to a bitcoin wallet. Most of these bitcoin-powered debit cards are connected issued by authorized issuers of well-known electronic payment providers like Visa and MasterCard. These cards will work at any point of sale terminals that are part of the network. This way, people....
Why there are still much fewer crypto card users than cryptocurrency holders, who need cryptocurrency cards, and what are their benefits, shared СEO of the virtual bank TTM Bank Vladislav Utushkin. – The first crypto cards, analogs of bank cards that can be replenished with cryptocurrencies, appeared more than five years ago, but even among the crypto assets holders, not everyone can boast of having one. Why does the popularity of crypto cards lag behind […]