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  1. Bitcoin News Mash-Up: Cex.io Services Halt; what is PEY; CoinTerra Sued; Accused of Breach of Contracts

    by , 01-20-2015 at 06:23 PM


    Following are the major Bitcoin news of the day


    Cex.io Halts Cloud Mining Operations over Weak Bitcoin Value


    Bitcoin cloud mining service provider Cex.io is no longer providing its services, thanks to the constantly falling prices and increasing mining difficulty, which are impacting their and their customers’ revenues. ...
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  2. Technical Analysis: Gold Targeting $1300, Crude Oil Breaks Channel Resistance, S&P 500 Rebounds After Finding Support Below 2000 Figure

    by , 01-20-2015 at 08:19 AM
    US DOLLAR TECHNICAL ANALYSIS – Prices are struggling with downside follow-through having topped as expected. A daily close below the 14.6% Fibonacci retracementat 11599 exposes the 23.6% level at 11527. Alternatively, a reversal above the 23.6% Fib expansion at 11699 opens the door for a challenge of the 38.2% threshold at 11796.



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  3. EUR/GBP Technical Analysis: Waiting for Short to Trigger and Pending Short at 0.7839

    by , 01-19-2015 at 09:13 AM
    Talking Points:

    • EUR/GBP Technical Strategy: Pending Short at 0.7839
    • Support: 0.7804, 0.7761, 0.7727
    • Resistance: 0.7869, 0.7891, 0.7926

    The Euro appears to be resuming its long-term down trend against the British Pound following the appearance of a bearish Three Inside Down candle pattern. Near-term support is at 0.7804, 23.6% Fibonacci expansion, with a break below that on a daily closing basis exposing the 0.7761-65 area marked by the 38.2% and the September 30 ...
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  4. Taiwanese PHS Service Provider Goes Bust

    by , 01-19-2015 at 07:41 AM


    First International Telecom Corporation, the only telecom carrier that provides low-power communication system services in Taiwan, has announced its bankruptcy and its users will be taken over by other carriers.

    Founded in 1997, First International Telecom officially launched its personal handy-phone system business in 2001, making it the only Taiwanese telecom carrier that provides low-power ...
  5. Kingsoft, Huaduo Group Sign Online Game Cooperation Agreement

    by , 01-19-2015 at 03:41 AM


    Kingsoft Corporation Limited signed a joint operation framework agreement for games with Huaduo Group.

    Kingsoft said that the company and Huaduo Group agreed to establish a long-term business relationship to explore the cooperation in the area of the online games. In order to regulate the joint operation in games, the two parties entered into the joint operation framework agreement for games ...
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