Call it counterintuitive, but blockchain could be considered less transparent now than the stock market. How so? Blockchains are apparently open, and anyone can see which token went where, after all. Well, yes and no. Blockchain is a forest, and a forest is the best place in the world to hide a leaf. We know (or suspect) that many tokens have their prices tweaked. Until now, the industry still lacks an instrument to give a bird’s-eye view of the blockchain. A startup called Coinscious is quietly building a remedy for this inevitable “teething problem” which all markets have to go …

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, you should conduct your own research when making a decision. Some would say the cryptocurrency market is beginning to bounce back; after a seven month bear market, Bitcoin breached the $8,000 mark on July 24 — the first time it has passed $8,000 since May 22. But not only is Bitcoin beginning to climb back to bull status, BTC is also regaining its dominance in terms of cryptocurrency market capitalization (aka market cap). In the bull market from September to December 2017, Bitcoin occupied …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, you should conduct your own research when making a decision. In a 2013 paper published by David Yernack, the professor of finance at New York University stated that, for any currency to be useful to society, it should be able to function as a medium of exchange, a store of value and a unit of account. At the time, he was using these …

This article previously contained inaccurate data, it has since been updated for accuracy. On March 7 a report addressed to the Tokyo District Court revealed that a Mt. Gox bankruptcy trustee – Nobuaki Kobayashi – may have contributed to the three month downtrend in the cryptocurrency market. Over the past three months, Nobuaki Kobayashi has sold over $300 mln in Bitcoin on two public exchanges. Some critics believe Kobayashi's sales put so many Bitcoin back into circulation, that the sales contributed to severe drops in the price of Bitcoin. Bitcoin has declined 51.6 percent since its Dec. 17 peak of …

PayPal Confirms Bitcoin Acceptance Option at SEC Ahead of EBay Split In a filing at the US Securities and Exchanges Commission (SEC), PayPal details its future as a separate entity from eBay, a split which is due to occur by the end of 2015. In discussing its innovations, specifically Braintree, PayPal definitively mentions "digital currencies such as Bitcoin” as an official tool for merchants to use. The filing reads: "A merchant can typically open a standard PayPal account and begin accepting payments through PayPal within a few minutes. [...] Our Payments Platform supports growth with a variety of value-added services …

Bitcoin price soared last week to break out of the bearish trend that has been controlling the market since November, 2014. Last Friday, the price breached the US$256 resistance level that has been rather immune since a high of around US$268.55 was scored back on February 15. To better understand the market's trend before the bullish rally took over, we shall analyze the 4 hour Bitfinex BTCUSD chart (see: chart below). Bitcoin price seems to had been trading along a triangle-like pattern that extends between 3 crucial price points as shown by the green trend lines on the below chart. …

[Editor’s note: the charts included in the article below represent 50, 100, 200 daily and weekly moving averages] This is part of a larger presentation I did at Coinagenda. See the complete slides here. I encourage everyone to quickly go through the slide deck to check the pulse of the global economy. The macro environment looks like one of deflation rather than the inflation that central banks were trying to create. These charts show failed global central bank policy. In this presentation I use simple technical indicators: the 50, 100, & 200 day exponential moving averages for the daily charts …

Last Week’s Review In last week’s post we concluded with the following statement: “Our overall stance remains the same as last week: Long-Term (tentatively) Bullish, Intermediate-Term Bearish, and Short-Term Bearish. We are still keeping our eye on that possible Double Bottom target in the US$440-450 zone. Last Week’s fall into the Mid US$450’s was close to our target, but the action needs to prove to us that this slightly ‘higher’ low is here to stay. Unless that happens we will continue to treat the constant formation of ‘lower’ highs as an indication that prices have some more room to correct …

Last Week’s Review In last weeks post we concluded with the following statement: Friday’s close will help guide us whether we can once again approach the 50% Fibonacci Retracement zone at US$625-650. The odds however slightly favor more downside into the US$500-530 zone. Friday Aug 1st started out as an impressive day yet sold off near the end. As a trader of the Fiat Financial Markets it would have been reasonable to pull the trigger and try and take advantage of the upward momentum, but keep in mind, the medium term trend is still down and the trader should have …

In last weeks post we concluded with the following statement: Our charts are conflicting; the shorter daily chart is implying continued bearish pressure, as the bullish trend line was broken this week. The longer-term weakly chart on the other hand is not suggesting anyone should panic just yet. Watch for a pull back to the US$500 to US$530 zone while still keeping your eye on the target of US$750. Once one of these zones is approached we would look to re-evaluate the situation. Today we will see if we need to re-evaluate this view going into next week. First let’s …

As a follow up to last week’s higher-level overview, this week we will take a closer look at Bitcoin’s price and introduce a Daily Pricing Chart. Before diving right in, it’s strongly recommended for the readers to take a look at Investing 101: How to Predict Bitcoin’s Price. Armand Tanzarian makes several good points that anyone trading with a high emphasis on technical analysis must keep in mind. This weekly series is meant strictly as a guide and NOT a short term trading tool, which is why we will have a bigger focus on longer time frames. We will also …