Why GBIT for 2018?

Why GBIT for 2018?

Why GBIT for 2018? $BTC, $ETH The cryptocurrency world is very similar to the stock market and a black hole in space. It’s getting to the point to where you have to start paying attention to the cryptocurrency market because wealth is being obtained daily with some of the trades being made and more and […]

Why Bitcoin Should Work

Why Bitcoin Should Work

Why Bitcoin Should Work  $GS, $BTCUSD In a recent interview at the Economic Club of New York, Goldman Sachs CEO, Loyd Blankfein, said he adopted a cautiously positive tone towards bitcoin, terming it a “consensus currency” similar to fiat currencies. He had criticized bitcoin last November and called it a “vehicle to perpetrate fraud.” CEO […]

The Big Q: Why are Crypto Exchanges Vulnerable to Hacks?

The Big Q: Why are Crypto Exchanges Vulnerable to Hacks?

The Big Q: Why are Crypto Exchanges Vulnerable to Hacks? $BTCUSD Blockchain technology can make transactions safe and secure, but crypto-currency exchanges that trade Bitcoins and other virtual currencies that are based on this technology have been hacked because they are not working on secure networks. Late last week, the Tokyo-based Coincheck exchange reported a […]

Dimon Backpedals on Bitcoin

Dimon Backpedals on Bitcoin

Dimon Backpedals on Bitcoin, a bullish sign for Crypto Currencies CEO and Chairman of JPMorgan Chase Jamie Dimon has said he regrets criticizing bitcoin and calling the popular cryptocurrency a fraud in the past, but remains uninterested in digital currencies. He was speaking to US television station Fox Business Network on Tuesday about comments that […]

Gippsland Bloodstock at the Inglis Ready 2 Race Sale

Gippsland Bloodstock at the Inglis Ready 2 Race Sale

Gippsland Bloodstock at the Inglis Ready 2 Race Sale by Kristen Manning At each of the three Inglis Ready 2 Race sales at which Gippsland Bloodstock has been represented by a draft they have achieved great results; each time selling a six figure horse. And things are looking good for this year with Dean and […]

Blockchain Unified IoT

Blockchain Unified IoT

Ruff Chain held its first overseas fan meetup in Seoul, South Korea. The venue was filled to capacity with blockchain investors, media and digital currency enthusiasts. There were many inspiring people that were invited to speak at the event. The most notable being Roy Li, Ruff Chain’s founder, Jing Tianwei, Ruff Chain’s CMO, the CTO […]

Jack Dorsey on Bitcoin: “It is the Currency of the Future”

Jack Dorsey on Bitcoin: “It is the Currency of the Future”

Jack Dorsey on Bitcoin: “It is the Currency of the Future” $BTCUSD, $TWTR, $SQ Jack Dorsey, speaking to a crowd of cryptocurrency enthusiasts, declared that he is in sync with their view that digital currencies are the way of the future. “The Internet deserves a native currency; it will have a native currency,” Mr. Dorsey, […]

The Technical Outlook for Ethereum

The Technical Outlook for Ethereum

The Technical Outlook for Ethereum $ETHUSD Early this moth ETH/USD showed relative strength among the major cryptos. Although last week’s pullback saw Ethereum move below support at 700, it has risen back above it and price did not break below the invalidation mark at 627, tilting to Bearish. Currently, Ethereum is trading at: 686.605, -47.715, or -6.50%, […]

Bitcoin Bulls are Still in the Action

Bitcoin Bulls are Still in the Action

Bitcoin Bulls are Still in the Action $BTCUSD Saturday, Bitcoin gained 0.84% to end the day at $8,483.2. It was only the 2nd positive day last week that has left Bitcoin down 12.2% Monday through Saturday. Friday saw Bitcoin fall to an intra-day low and new low $8,204.4 before a late morning recovery, Bitcoin managing to […]

Bitcoin Continues to Consolidate Recent Bull Leg

Bitcoin Continues to Consolidate Recent Bull Leg

Bitcoin Continues to Consolidate Recent Bull Leg $BTCUSD Bitcoin (BTCUSD) follows technical patterns in textbook ways, thought some see it differently. Currently, Bitcoin is trading at: 9,331.26, -311.44, or -3.2455%, as of 4.01a BST, the market is open Have a look. This is the 4-hourly chart of Bitcoin for the last month. Each of these candles represents a […]

Dubai’s Blockchain Summit

Dubai’s Blockchain Summit

Future Blockchain Summit today announced that the event will host the Global Blockchain Startups Marketplace at its inaugural edition from May 2-3, 2018 at Dubai World Trade Centre. The event, hosted by the Smart Dubai Office and organised by Dubai World Trade Centre, is slated to be the world’s most influential and creative blockchain festival. […]

Cryptocurrency Trading Coming to NASDAQ

Cryptocurrency Trading Coming to NASDAQ

Cryptocurrency Trading Coming to NASDAQ $NDAQ, $BTCUSD Nasdaq Inc. (NASDAQ:NDAQ) declared Wednesday that is is open to launching a cryptocurrency exchange in the future as the regulatory environment evolves, the head of the exchange operator said. The view that cryptocurrencies, such as Bitcoin will be a future way to support commerce is becoming more mainstream, […]

The NYSE Bitcoin Index (.NYXBT) Bullish Outlook

The NYSE Bitcoin Index (.NYXBT) Bullish Outlook

The NYSE Bitcoin Index (.NYXBT) Bullish Outlook Overall, the bias in prices is: Upwards. The projected upper bound is: 10,226.60. The projected lower bound is: 7,600.33. The projected closing price is: 8,913.46. Candlesticks WARNING: These prices only contain closing prices. Thus, the candlestick analysis in this expert will be invalid (including the alerts, symbols, and […]

Bitcoin Sees Bull Breakout Above Key Resistance at $9000

Bitcoin Sees Bull Breakout Above Key Resistance at $9000

Bitcoin Sees Bull Breakout Above Key Resistance at $9000 $BTCUSD Last week having seen a major Bull Breakout at about $8,300, Bitcoin has now broken Key resistance at $9,000. The world’s #1 cryptocurrency crossed the long-term descending trendline convincingly, and closed well above the major resistance at $8,459 Friday, signaling a Key reversal has been […]

Ethereum Markets Rallied Last Week, Looks to Continue

Ethereum Markets Rallied Last Week, Looks to Continue

Ethereum Markets Rallied Last Week, Looks to Continue $ETHUSD, $ETHEUR The Ethereum (ETH) markets initially dipped last week, then after US Tax Day saw Key support at $500 and bounced, breaking above the important resistance at the $600 mark, then heading to $700. Currently, Ethereum is trading at: 634.74, +13.41, or +2.1583%, as of 4:11a BST, the market is […]

Billionaire Founder/CEO of Twitter and Square, “Bitcoin will replace the Dollar”

Billionaire Founder/CEO of Twitter and Square, “Bitcoin will replace the Dollar”

Billionaire Founder/CEO of Twitter and Square, “Bitcoin will replace the Dollar” $BTCUSD, $TWTR, $SQ Twitter (NYSE:TWTR) CEO Jack Dorsey predicted that Bitcoin (BTCUSD) will eclipse all the world’s currencies in about 10 years . But the newly nominated new head of the New York Federal Reserve disagrees. In a speech Friday, the current San Francisco Fed President […]

Crypto-Jacking on the Rise

As bitcoin soared to the $20,000 mark last year, cyber-criminals increasingly turned their attention to cryptocurrency users. ‘Cryto-jacking’ cases catapulted in 2017 as cryptocurrency prices rose, according to new research. The sky-rocketing value of some cryptocurrencies in 2017 apparently prompted hackers to move away from tried and tested ransomware as a source of extortion and […]

Bitcoin and Crypto’s Will Rally

Bitcoin and Crypto’s Will Rally

Bitcoin and Crypto’s Will Rally $BTC.X $ETH.X $XRP.X An international group of central bank regulators and government ministers has told the G20 countries that bitcoin poses no threat to global financial stability, sending the cryptocurrency market higher. The Financial Stability Board’s chairman, Mark Carney, who also heads the Bank of England, has sent a letter […]

Bitcoin Headed Over $90,000

Bitcoin Headed Over $90,000

Investors in bitcoin are about to see a turn around in their fortunes. That’s the prediction of analysts at one research firm who claim the value of the cryptocurrency will reach $91,000 by March 2020. $BTC.X $ETH.X $XRP.X Bitcoin has seen its value more than half since hitting a high of almost $20,000 in December. […]

Bitcoin, Ethereum, Ripple, Buy the Dips

Bitcoin, Ethereum, Ripple, Buy the Dips

Bitcoin, Ethereum, Ripple, Buy the Dips $BTC.X $ETH.X $XRP.X Another fall and another rally is coming. Good news for the Crypto market as Google and Facebook ban Crypto advertising. Why is that good news? The only people spending big on those advertising platforms were scams. The cryptocurrency market crashed on Thursday with bitcoin plunging to […]

5 ICO’s that Would have made You Rich, and some to Still Catch

5 ICO’s that Would have made You Rich, and some to Still Catch

No one becomes rich by stashing money under the mattress. Each and every billionaire or millionaire gets there mostly by investing. The recent boom in digital currencies and initial coin offerings (ICOs) provide ordinary folks with a golden opportunity to make their savings work for them. Some of those are quite risky, others are scams. […]

Bitcoin News: Another Hack Proves the Value of G-BiT X

Bitcoin News: Another Hack Proves the Value of G-BiT X

Bitcoin News: Another Hack Proves the Value of G-BiT X A computing error at a Japanese cryptocurrency exchange Zaif has allowed some customers to claim digital tokens for $0. This raises further questions about security at crypto exchanges. The glitch happened with Zaif’s price calculation system and allowed seven customers to obtain digital money for […]

Ripple Closes Major Bank Deal

Ripple Closes Major Bank Deal

Ripple Closes Major Bank Deal $XRP.X The parent company behind the centralized and third-largest cryptocurrency, Ripple, will work in the banking system of the oil-rich Kingdom of Saudi Arabia, the firm claims. Saudi Arabia and Ripple, the company behind the XRP coin, will cooperate by using xCurrent, software that enables banks to instantly settle cross-border […]

George Soros Secretly Buying Cryptocurrencies

George Soros Secretly Buying Cryptocurrencies

George Soros Secretly Buying Cryptocurrencies $BTC.X $ETH.X $XRP.X George Soros has recently criticized bitcoin, but it seems he’s not against investing in it himself. The tycoon’s fund has bought shares in cryptocurrency company Overstock. Soros Fund Management held 2,472,188 shares in Overstock at the end of the fourth quarter of 2017, making the businessman the […]

Bitcoin, Ethereum, Ripple: What Does the Future Hold

Bitcoin, Ethereum, Ripple: What Does the Future Hold

Bitcoin, Ethereum, Ripple: What Does the Future Hold $BTC.X $ETH.X $XRP.X In time most digital currencies will be worthless, according to the head of the centralized cryptocurrency ripple, Brad Garlinghouse. The majority of cryptocurrencies can’t be used as transactional currency, and they are being traded like assets, according to the CEO. Ripple and the company […]

Bitcoin: The Chart Pattern Looks ‘Encouraging’

Bitcoin: The Chart Pattern Looks ‘Encouraging’

Bitcoin: The Chart Pattern Looks ‘Encouraging’ $BTCUSD When Bitcoin took a deep dive of it’s nearly $20,000 highs to below $6,000, many retail participants worried that Bitcoin and the other cryptocurrency were headed to the scrapbook. Technical analysts, of which I am 1, believe that Bitcoin passed a a Key marker that gives us confidence that now that […]

FINZCOIN Launches in India will Trade on G-BiT X

FINZCOIN Launches in India will Trade on G-BiT X

FINZCOIN Launches in India will Trade on G-BiT X Why FINZ Traditional payment solutions like bank transfers and payments with banking cards have significant drawbacks: high commission rates up to 7%, time-consuming money transfer to the bank account. More over, they are centralized. It creates threats of blockings and defaults. FINZsolves all these problems! Financial […]

US Lawmakers See Value in Blockchain Tech and Cryptocurrencies

US Lawmakers See Value in Blockchain Tech and Cryptocurrencies

  US Lawmakers See Value in Blockchain Tech and Cryptocurrencies $BTCUSD Tuesday, US lawmakers pressed the 2 Top US securities regulators on cryptocurrency, and now the approach is ‘do no harm’ to the digital currency market, and monitor the ICO market. With that, a new Rally lit up Currently, Bitcoin is trading at: 7,549.9951, +1,578.52, or +26.43%, […]

More Fake News Hits Bitcoin

More Fake News Hits Bitcoin

More Fake News Hits Bitcoin $BTC.X $ETH.X $XRP.X What was reported was that the Big Banks have crapped down on Bitcoin, 100% fake news. What really happened was banks stopped allowing people to buy the cryptocurrencies on Credit predominantly because of charge backs. What has been happening 1000s of times a day is people would […]

Busy Day for Bitcoin, Ethereum and Ripple

Busy Day for Bitcoin, Ethereum and Ripple

Busy Day for Bitcoin, Ethereum and Ripple The digital currency market is extending its losses, with all the major cryptocurrencies on a broad sell-off. Bitcoin is headed for its worst monthly slide since December 2013. The market leading digital currency slid 12 percent on Wednesday to $9,817, before recovering slightly above $10,000, according to the […]

The Big Q: What Determines Bitcoin Price?

The Big Q: What Determines Bitcoin Price?

The Big Q: What Determines the Price of Bitcoin? $BTCUSD The Big A: Bitcoin is a cryptocurrency based on specifications outlined by Satoshi Nakamoto in Y 2009. Transactions are recorded in a blockchain, which shows the entire transaction history for each unit and is used to prove ownership. Processing transactions requires miners using computers to process blocks of […]

G-BiTX Launch CryptoCurrencies Trading Group on Telegram

G-BiTX Launch CryptoCurrencies Trading Group on Telegram

G-BiTX Launch CryptoCurrencies Trading Group on Telegram Got questions on Bitcoin, Ethereum, Ripple or BitConnect? G-BiTX has the answers, the company has launched a channel on Telegram to help people navigate the world of CryptoCurrencies. Join the Channel Now, Click Here Join @GBIT_X on #Telegram get all the $BTC $XRP $ETH News https://t.co/7RSyKLeb8H pic.twitter.com/vizhcJfCfA — […]

What Next for Bitcoin

What Next for Bitcoin

As bitcoin gets closer to its 21-million-unit limit, enthusiasts say buying the cryptocurrency will gradually become much harder, making it more valuable. Others say it will stop being decentralized. Over 16,800,000 BTC have been mined as of January 13. It is impossible to predict when all the 21 million will have been mined. Some are […]

Review: Bitcoin’s Tough Week

Review: Bitcoin’s Tough Week

Review: Bitcoin’s Tough Week $BTCUSD, $CME One of the world’s biggest cryptocurrency exchanges has been down for hours and its clients are starting to stress. Kraken went offline at 9:00p PST Wednesday for maintenance that was initially scheduled to last 2 hours, plus an additional 2-3 hours for withdrawals, according to an announcement on the San Francisco-based […]

SKorea’s Government Plans to Ban Bitcoin Trade

SKorea’s Government Plans to Ban Bitcoin Trade

SKorea’s Government Plans to Ban Bitcoin Trade $BTCUSD Thursday, SKorea’s government said it plans to ban cryptocurrency trading, sending Bitcoin prices plummeting and throwing the virtual coin market into turmoil as the nation’s police and tax authorities raided local exchanges on alleged tax evasion. The clampdown in SKorea, a crucial source of global demand for […]

Bitcoin, Ethereum, G-BiT, IOTA and Ripple

Bitcoin, Ethereum, G-BiT, IOTA and Ripple

Bitcoin, Ethereum, G-BiT, IOTA and Ripple Six years ago bitcoin was the only cryptocurrency people talked about. Now, there are almost 1,400 of them. While remaining the locomotive of digital money, bitcoin has been gradually losing its preeminence in the market. Bitcoin had a very good year. In addition to appreciating by more than 1,300 […]

Forex Morning Briefing: Bitcoin

Forex Morning Briefing: Bitcoin

Forex Morning Briefing: Bitcoin $BTCUSD $CME, $CBOE Commentary: Most currencies to go quiet until after 1 January 2018. PE Last week, Bitcoin dropped from nearly $20,000 to a low of below $12,000. The sell-off was unexpected to some, leading civilian participants to call it Armageddon. On Christmas Eve, it started to rise and then fall again, it […]