Call for A $46,000 Bitcoin Emerge on Double Top Breakdown Woes

Ethereum. Regular readers will recall that I suggested yesterday morning (China time) that it was time to pull the stops in very tight on ETH. Those following me on twitter received a pic of a rising wedge chart pattern before and after it broke, with the implicit suggestion that the market was showing signs of an impending breakdown. That breakdown came, but not until after the chart registered a double top which can only be described as nerve-wracking to the extreme. Still, I suppose I should have foreseen the possibility of a brain-bleeding double top, as that is what it took to get....

Michael Saylor took to Twitter to assure investors that MicroStrategy’s balance sheet is well-positioned to avoid a margin call in its bitcoin-backed loan.

Technical indicators are pointing to a major breakdown of the Dogecoin price, as an analyst projects a decline to $0.2. This bearish prediction could be game over for Dogecoin, as the meme coin has formed a Double Top pattern, indicating that it may experience further downside pressure this quarter.  Double Top Pattern Signals Dogecoin Price […]

In this episode of "Fed Watch," the hosts discuss the world's three major central banks and their actions in the face of economic turmoil. The post Video: Central Bank Woes appeared first on Bitcoin Magazine.

BlockCypher provides Bitcoin wallet services to larger organizations such as exchanges and payment providers. During the recent fracas of "dust" transactions crowding the Bitcoin network, one of their larger clients, Erik Voorhees' ShapeShift.io, suffered a double-spend attack amounting to 2.6 BTC. The biggest offering of BlockCypher is what they call a "Confidence Factor" which basically means what it sounds like - if the processor is reasonably sure (as in more than 99%) that a double-spend will not be attempted, the transaction is processed with zero confirmations. BlockCypher describes....