Watch Out: Suspicious Exchanges Can Alter Bitcoin Index
The Bitcoin Index may change significantly if exchanges which have been left out before are now considered, according to plans by BitcoinAverage. Technical market analysis usually involves mathematical calculations of certain averages and is usually influenced by the volume of trades over a given period of time. In the Bitcoin world it is known that some exchanges don’t charge fees on either side of trades. Exchanges that manipulate volume of trade. Exchanges which do not charge fees are mostly omitted on the Bitcoin index. This is usually due to the suspicion of the “faking” of the....
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Here's a look at what we are focusing on in the bitcoin price this morning. It’s Tuesday morning out of Europe, and time to take our first look of the day at the bitcoin price. We noted yesterday that tight, scalp breakout trades had been working pretty well for us over the last few days, and that a continuation of this strategy might be our best bet going forward. As such, for last night’s session, we defined a pretty tight range and went at action with some solid risk definitions. Action has now matured overnight, and we’ve got to alter our approach slightly in ahead of today’s open.....
If a report from Nikkei Asian Review is to be believed, Bitcoin exchanges operating in Japan may soon have to get registered with the government, be open to external audits, and put in place adequate consumer protection measures. Japan has been dilly-dallying with its stance on cryptocurrencies such as Bitcoin, but the first draft of cryptocurrency regulations may bring much-needed clarity into the picture. We had previously reported that Japan is working towards a regulatory bill for Bitcoin by early 2016. A Financial Services Agency (FSA) panel is slated to discuss the regulation....
Cameron and Tyler Winklevoss are at it again. The twins, both huge advocates of bitcoin, have launched the Winklevoss Index, otherwise known as the 'Winkdex'. Yes, that's really what it's called. It's a blended price index that aims to "reflect the true price of bitcoin", but also to serve as the official index used to value the bitcoins in the brothers' yet-to-be-approved ETF (exchange-traded fund). Winkdex is calculated by blending the trading prices in U. S. dollars for the top three (by volume) qualified Bitcoin Exchanges* during the previous two hour period using a volume-weighted....
Non-profit organization the Internet Watch Foundation (IWF) and blockchain start-up Elliptic have teamed up to tackle those using the cryptocurrency, Bitcoin, to buy child sex abuse images online, the two announced today. London-based blockchain startup Elliptic has created a unique tool that has the ability to trace any suspicious transaction patterns of Bitcoin. Since its inception, the world of Bitcoin has often been shrouded in mystery and negative publicity due to the fact that it some users choose to buy illegal items online from illegal drugs to child pornography because of the....
Is it possible for you to lose a great deal of money if Apple or any other hardware manufacturer or service provider decide to delete files from your computer? How safe are we in this day and age when our hardware is accessible to several different providers of hardware, services and media streaming companies? Companies can alter history. James Pinkstone of Vellum Atlanta writes in his blog: “One day, you won’t buy a movie. You’ll buy the right to watch a movie, and that movie will be served to you. If the companies serving the movie don’t want you to see it, or they want to change....