Bitcoin Returns Above $9K But ‘Death Cross’ Still a Risk

Bitcoin’s (BTC) three-day winning streak is encouraging for the bulls, but only a quick move above $10,500 would negate the risks of the so-called “death cross.”

Having bottomed out at $7,335 on Sunday, prices on CoinDesk’s Bitcoin Price Index (BPI) rose to $9,127 today – the highest level since March 14. As of writing, the BPI is seen at $9,074. The retreat from the intraday highs could be associated with the signs of bearish relative strength index divergence seen on the hourly chart.

The 22.7 percent recovery from $7,335 suggests the bulls have regained control, at least for the time being. However, the cryptocurrency is not out of the woods yet, the long duration technical studies indicate.

#Australian Taxation Office Warns Of #Bitcoin Tax Scammers. #taxation @Investorseurope 

The Australian Taxation Office (ATO) has issued a warning against scammers impersonating the agency and demanding bitcoin as a form of payment for fake tax debts.
In a statement, ATO assistant commissioner Kath Anderson said that recent reports to the ATO identified fraudsters pioneering the new payment method when defrauding taxpayers in late 2017. Read more »

Crypto Charting: 5 More Charts On The Outlook For Bitcoin Prices

Heavy shorting of bitcoin investment trusts and futures show there is still a significant element of pessimism in the market.

Premium vs. NAV for bitcoin investment trusts and Google search interest sentiment are moving away from contrarian bearish signals, but are not yet in contrarian bullish territory.

Seasonality analysis seems to show a tendency for price to trend down in the first half of the year and pickup around May/June.

Top 10 International Blockchain Events of 2018

2018 looks to be a great year for cryptocurrencies and blockchain technology. There are events on all over the globe discussing the latest trends–with exciting new startups, ICO’s, and blockchain disruption being just a few of the topics featured. We have picked ten of the hottest cryptocurrency and blockchain events happening this year and brought them to you.

Litecoin Price Prediction: 3 Big Surprises from Charlie Lee Sweep HODLers Off Their Feet

If you’re an LTC HODLer, today’s news update will send you to cloud nine with supreme ecstasy. We have not one, not two, but three jumbo-sized, action-packed news stories to celebrate today.

Litecoin’s transaction speed is about to get a nitrous oxide boost. This digital currency may soon be processing as many as a million transactions in a second.
Litecoin’s next upgrade with lower fees is coming down the pike as we speak.
And the earth-shattering news of the day; a decentralized crypto-cum-fiat currency investing application has just been launched on Litecoin. Pay attention to my choice of preposition. This is the first major use-case of Litecoin as a technology that makes it more than just digital currency.

Big demand for the new cryptocurrency funds: Crypto investor

Grayscale’s Michael Sonnenshein: Bitcoin doesn’t come without risks
5:51 PM ET Fri, 12 Jan 2018 | 02:42
Investing in cryptocurrencies is complicated. Four new trusts make it easier, says crypto investor Michael Sonnenshein.

“Digital currencies are not like stocks and bonds and all the other things that you buy,” Sonnenshein, managing director at Grayscale Investments, a digital currency investment firm, said Monday on CNBC’s “Fast Money.” “There’s certain technological prowess that people need to have in order to handle them, store them securely, et cetera.”

Recognizing that investors want exposure to digital currencies, Grayscale launched four new crypto funds: Bitcoin Cash Investment Trust, Ethereum Investment Trust, Litecoin Investment Trust and XRP Investment Trust.

Grads of LifeVoice: Kim Holloway Will Not Be Counted Out

Last week the trustee for Mt. Gox released a statement (scroll down to get to an English translation) that it had sold about $400 million worth of Bitcoin and Bitcoin cash between December 18 last year and February 5. This was done to generate proceeds to pay back Bitcoin owners and creditors due to Mt. Gox being hacked in February 2014, when 850,000 Bitcoins were stolen.

The Blockchain’s Biggest Problems

The blockchain technology has taken the world by storm. Initially, blockchain was synonymous with Bitcoin and cryptocurrencies in general but it’s now in most industries and it’s changing the way we have done things for ages. From cost efficiency and…