Bitcoin Price Technical Analysis for 02/26/2018 – Head and Shoulders Breakdown

Bitcoin price is trending lower after breaking below the neckline of its head and shoulders pattern. This is a classic reversal signal which indicates that price could fall by the same height as the formation, which spans around $ 9,500 to $ 11,500. Technical indicators are also showing that the short-term …
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Bitcoin is 'gambling' and we will develop regulations around it, Canada central bank head says

Bitcoin trading is "gambling," Canada's central bank governor told CNBC on Thursday, adding that he was looking into developing regulations around cryptocurrencies. Stephen Poloz, who heads up the Bank of Canada, said buyers of digital coins should "beware" and that he would not call …
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Bitcoin Investors Believe Bitcoin Prices Will Head Much Higher In 2018

2017 was a good year for Bitcoin investors, and they think 2018 will be an even better year — according to a recently released LendEDU Bitcoin investor survey. According to the survey, 76.99% of Bitcoin investors believe that 2018 investment returns will exceed the returns of 2017. Meanwhile, 74.69% …
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Government Head of IT Department Fired for Mining Bitcoin Using State-Owned Computers in Crimea (

Two government officials of the Crimean Council of Ministers were caught mining bitcoin using government computers and were subsequently fired. They reportedly installed “malicious software” on the government’s server and programmed over a dozen computers to mine bitcoin.
Also read: Russia Proposes Adding Cryptocurrency to the