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Crytocurrencies bitcoin and litecoin surged today. Last year around this time, these two virtual currencies also exploded upwards. This year, after steep corrections in both, bitcoin and litecoin are looking bullish again. Bitcoin (BTCUSD) 4H Chart 11/12 Surging from a Double Bottom: Bitcoin found support at 318 last week, above its October ...
After the Moolah mishap, here comes another event that has a great potential to tarnish the entire cryptocurrency sector. If sources are to be believed, it seems that EquinoxCoin, an altcoin recently distributed via multiple ICOs, is a scam after all. Announced on August 19th this year, EquinoxCoin was launched as an economic project whose distribution took place in multiple phases, ...
Former global macro fund manager Raoul Pal Says Bitcoin is worth $100,000 T A former global macro fund manager and current author of the Global Macro Investor newsletter, Raoul Pal says that Bitcoin is still worth $100,000. The last year in October during the Bitcoin bubble reached to above $1200 as well. Some investors even claimed ...
Businesses hired more employees than expected in October, indicating that job growth is set to record its strongest performance in 15 years, reported the ADP Research Institute. Companies hired 230,000 workers last month, the highest level since June, after employing 225,000 workers a month earlier. Economists surveyed by Bloomberg News ...
KnCMiner Says It has discontinued the sales of its Bitcoin mining equipments Ditching its customers, Swedish company KnCMiner has discontinued the sales of its Bitcoin mining equipments. Now, the company says it will focus on expanding its data centers to mine Bitcoins and solve similar complex algorithms. The decision by the company has sparked debate whether ...