Friday, October 13, 2017

Markets Update: Bitcoin's Price Peaks Past $5800 Across Global Exchanges

The price of bitcoin has finally surpassed the $5K territory after a few teases this past spring and summer. During the earlier hours of October 12, bitcoin's market value spiked past the $5,000 range and has reached an all-time high of $5846 per BTC across popular global exchanges. Bitcoin's pathway to $6K is within sight. 

Bitcoin Blasts Past Major Resistance Moving Into Uncharted Price Territory

The price of bitcoin (BTC/XBT) has touched a high of $5,846 as it has continued to climb in value relentlessly all day. Presently, bitcoin trade volume is strong with $3.4B in daily trade volume and hasn't let up since the bull run started. A few hours after the quick jump to around $5,200-5,300 today there was a small amount of profit-taking and sell off, but it didn't last long. Bitcoin's price soared between 10-11 pm EDT as buyers hammered away at bids to the $5,800 zone. The high was followed by a significant drop back down to the $5,550-5,600 territory, at press time the market value seems to be consolidating in this region.  

Japan takes the lion's share of bitcoin trade volume.

The Japanese Yen is still leading the global trade volume race, capturing 57 percent of bitcoin's fiat exchange volume at the time of writing. The USD and South Korean Won follow the lead, as Europe and China trail a just a touch behind the top three countries in trade volume. Right now the top five exchanges processing the most bitcoin volume include Bitfinex, Bithumb, Bitflyer, Bitstamp, and GDAX. As the price lifted both cryptocurrency exchanges and the bitcoin network itself was quite busy. Network congestion has increased a bit, and there is currently 30-50K unconfirmed transactions waiting in the mempool.

Bitstamp order book is moving at lightning speed on October 12, 2017, at 10:45 pm EDT. The price spiked from $5450 to $5846 in just over an hour chewing through orders.

Technical Indicators

Right now the Relative Strength Index (RSI) is showing overbought conditions. Alongside this, the Stochastic is giving a variance in signals indicating buyers may remain in control. Order books on popular exchanges like Bitstamp are moving fast, and show significant resistance past the $5,800-5,900 range. Additionally, there are massive sell walls up to the $6,200 zone, but after breaking that pressure, bulls could take the good ship to $6,500 with fewer waves. Buying load is still on the upside as the 100 Simple Moving Average (SMA) is still coasting above the 200 SMA. A correction could be imminent at these heights, but order books show support levels around the $5,000-5,200 price regions. If the RSI oscillator continues to show overbought conditions and the Displaced Moving Average (DMA) support breaks $5150 a deeper correction may be in the cards.

Bitcoin hits a high of $5,846 on October 12, 2017.

The Verdict

Overall, the community doesn't seem to be fearing the hard fork this November, as last August gave people an idea of what to expect. It seems markets are following last August's bitcoin price rise as well, because bitcoin's current value is increasing similarly just before the Segwit2x fork.

Further, mainstream media and big-name investors are flocking to the decentralized currency more and more these days. For instance, Bernstein, the New York-based team of Wall Street financial analysts told Business Insider this week that bitcoin is a "censorship-resistant asset class." This is just one of many mainstream investment types looking directly at bitcoin's digital gold attributes. It's safe to say at $5K+ per bitcoin the whole world has been noticing the crypto-asset's new record.

Bear Scenario: As said above, at this price height a big sell-off should not be discounted. Some indicators show overbought conditions at the moment and the price rallied hard for the past 18-hours so far, so it's likely exhaustion may come. A significant floor between $4800-5200 looks like a healthy correction, and if a bigger panic sets in — it could drop well below the sub-$5K zone.

Bull Scenario: The parade of bulls has to smash past significant resistance at the $5,850-5,900 region again without tiring out to get to some smoother seas. For now, it's likely to be wavy and consolidate between the two key zones of $5,300-5,700. If a steady stream of buying continues to rally then $6,000 per bitcoin is not far away from this vantage point.

Where do you see the price of bitcoin heading from here? Let us know in the comments below.

Disclaimer: Bitcoin price articles and markets updates are intended for informational purposes only and should not to be considered as trading advice. Neither Bitcoin.com nor the author is responsible for any losses or gains, as the ultimate decision to conduct a trade is made by the reader. Always remember that only those in possession of the private keys are in control of the "money."

Images via Shutterstock, Bitstamp, and Bitcoin Wisdom.

At Bitcoin.com there's a bunch of free helpful services. For instance, have you seen our Tools page? You can even look up the exchange rate for a transaction in the past. Or calculate the value of your current holdings. Or create a paper wallet. And much more.

Tuesday, October 10, 2017

Prof. Tarn Travers Appointed Concertmaster of the Indianapolis Chamber Orchestra

Prof. Tarn Travers Appointed Concertmaster of the Indianapolis Chamber Orchestra

October 9, 2017

Tarn Travers, a professor of violin at the DePauw University School of Music, has been appointed concertmaster of the Indianapolis Chamber Orchestra. The announcement follows a national search that began in May.

"The appointment of Tarn Travers as concertmaster of the Indianapolis Chamber Orchestra is a critical step in the continued artistic growth of our wonderful orchestra," states Matthew Kraemer, the ICO's music director. "Tarn has displayed his incredible talent on every occasion when performing with the ICO and the respect he has earned from his colleagues is very well placed. His musical intelligence and experience will leave an indelible and immediate mark on our performances."

The announcement notes, "The concertmaster is an important leader within the orchestra, helping to shape the character and artistry of the ensemble. Travers served as Interim ICO Concertmaster following Emily Glover who served as concertmaster between 2013-16."

Travers performs regularly around the world as a soloist, chamber musician, and an orchestral player. In 2001, he was a prizewinner at the Heifetz Guarneri auditions, which led to a performance on the historic "ex-David" Guarneri, the favored violin of Jascha Heifetz. Tarn spent three years as a violinist in the New World Symphony, where he often led the orchestra as concertmaster; he also appeared as soloist three times, once in every season spent with that orchestra, in the music of Béla Bartók, Ramiro Cortés, and Chen Yi. A member of the Chicago-based contemporary group Ensemble Dal Niente, recent performance highlights include a concerto appearance at the Konzerthaus in Vienna, a chamber music appearance at the Library of Congress in Washington, D. C., and a residency at Harvard University.

Travers studied at San Francisco Conservatory, Cleveland Institute of Music, and Stony Brook University.

Back

$4,875: Bitcoin Price Surges toward All

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The bitcoin price surged past $4,875 on Monday as traders began to flee from the altcoin markets and pour their wealth back into bitcoin ahead of the SegWit2x hard fork that is scheduled for November.

Bitcoin Price Surges Past $4,875

Bitcoin's dominant hold on the cryptocurrency economy had tapered throughout 2017, with bitcoin's share of the total market cap falling as low as 34% after entering the year at 88%. The year's bull market led to a dramatic expansion of the altcoin markets, and the initial coin offering boom reduced bitcoin's market cap share further still.

Today, however, bitcoin dominance soared to nearly 54%, its highest mark since May, as traders began to liquidate their altcoin holdings and concentrate their wealth in bitcoin. At present, the bitcoin price is trading at a global average of $4,877, which represents a 24-hour gain of 7% and brings bitcoin within $123 of the $5,000 threshold. Altcoin prices, meanwhile, are bleeding. Aside from bitcoin, no top 10 cryptocurrency has experienced a 24-hour price increase, and five of them have posted double-digit declines.

Bitcoin Price Chart from Bitfinex

The bitcoin price is faring well on every major exchange, but Korean traders appear determined to pull it past $5,000 to a new all-time high. At present, Bithumb's BTC/KRW is trading at $4,999. This is more than $120 above the global average and more than $250 above BTC/JPY on bitFlyer.

BTC Trading Volume Chart from CoinMarketCap

The Role of SegWit2x

One theory for today's bitcoin price climb is that traders are positioning themselves to profit from upcoming airdrops. There are two bitcoin hard forks on the horizon that give bitcoin holders the opportunity to claim airdropped coins at the moment of the blockchain split, similarly to the Bitcoin Cash hard fork that took place on August 1. The first, Bitcoin Gold, is scheduled for October 25, and the second, SegWit2x, is slated to take place in November. It is unlikely that Bitcoin Gold is having a significant effect on the bitcoin price, although traders will definitely seek to extract any profit that they can from the airdrop. Although SegWit2x — if executed — will produce coins that are most likely more valuable than those minted by Bitcoin Gold, it also seems a bit unlikely that traders are already making such a large push to accumulate bitcoins ahead of an event with a November target date.

The more likely scenario is that traders are responding positively to signs that bitcoin exchanges and mining pools — even those that purportedly support the SegWit2x hard fork — have begun to announce that they will support both bitcoin blockchains following the chain split. Both Coinbase and Bitfinex have explicitly stated that they will support both the incumbent and the new blockchain, and Bitfinex has further stated that they will list the SegWit2x coins as B2X — not Bitcoin or BTC. Even mining pool ViaBTC — a proponent of both SegWit2x and Bitcoin Cash — has indicated it will allow its users to mine either blockchain. Rightly or wrongly, some traders view these developments as an indication that the SegWit2x fork will not happen or, if it does, the new blockchain will be treated as an altcoin.

Featured image from Shutterstock.

Sunday, October 8, 2017

Dragonchain ICO Seeks to Commercialize Disney’s Blockchain Project

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In 2014, Disney's Seattle office began developing a corporate blockchain known as Dragonchain. Now, the project is approaching commercialization — complete with an initial coin offering — although Disney is no longer involved.

As reported in Business Insider, Disney spent two years building a blockchain intended to serve as an asset management platform. However, the project never reached implementation, and Disney released it to the public under an open source license.

However, recognizing that the platform had a number of use cases and commercial potential, a group of former Disney employees founded the Dragonchain Foundation in January 2017 to maintain the source code, and the team now aims to commercialize the platform through the creation of Dragonchain Inc.

The developers describe Dragonchain as a hybrid between public and private blockchains, neither of which fully meets the needs of established businesses with legacy systems. The structure of the platform allows companies to maintain control and privacy of their internal data but also includes a bridge to public blockchains such as Bitcoin. In their words:

"We're attempting to mix a "tried and true" classical software architecture (security and scalability) with a decentralized blockchain system, with simplified integration for those without blockchain experience, whilst allowing an organization to retain complete and explicit control over its data, processing, and network without worry about the community or public network."

The Dragonchain Inc. platform also aims to help companies utilize the benefits of blockchain technology without having to hire developers with highly-specialized expertise. The platform purports to give businesses a "turn key" product that includes pre-coded smart contracts, as well as a developer-friendly platform that allows smart contracts to be programmed using established languages such as Java, Python, Node, and C#.

To fund the project, Dragonchain is launched a token sale, which began on October 2 and will continue for one month. Dragons — as the tokens are called — are used to pay for access to the commercial elements of the platform. Approximately 238 million Dragons, or 55% of the total, will be distributed during the Dragonchain ICO.

Featured image from Shutterstock.

Saturday, October 7, 2017

ETX Capital Deploys Bitcoin CFD Trading for Clients

ETX Capital, A London-based FCA regulated brokerage, just embraced bitcoin. They now offer a full suite of bitcoin services and contracts for their clients. They decided to move into the bitcoin ecosystem as a result of high demand. Their clients were itching to experience exposure to the digital currency, and attempt to capitalize on its upward price trajectory. 

A Financial Magnates article summarized ETX Capital's foray into the crypto ecosystem. They said, "London headquartered, FCA regulated brokerage ETX Capital has become the latest retail trading venue to launch access to Bitcoin trading. The move comes amidst an uptick of demand for cryptocurrencies and investor appetite for the instruments with volatility still permeating the market."

ETX Capital Services for Bitcoin

ETX offers several premium services for bitcoin trading. Clients can trade bitcoin as a "spread bet" or "contract-for-difference" (CFD) via its multi-asset proprietary trading platform," explained the article. The trading is facilitated by the Tradepro app on desktop or mobile applications.

CFD's have been popular via brokerages, because clients do not want direct exposure to bitcoin "volatility." Clients prefer to hedge their bets against bitcoin's price fluctuations by using a derivative-driven kind of trading. This means traders can speculate on the rising and falling prices of the currency rather than holding the digital currency on a personal wallet. The CEO of ETX, Andrew Edwards commented on the future of their bitcoin trading system:

Adding Bitcoin to our large base of over 5,000 markets is one of the next steps in our continuing commitment to rollout new products and technology improvements that create more trading opportunities for our clients. There's a lot more to come in the following months.

This ongoing rollout of bitcoin services follows on the heels of ETX Capitals recent release of their web trading platform. They seem to be gearing up for more mobile and on-the-go trading as the world sees greater bitcoin adoption.

Brokerage Involvement With Bitcoin Intensifies

ETX capital is not the only brokerage firm to venture into the bitcoin and cryptocurrency ecosystem. Previous months have seen a swathe of capital investment and trading firms embrace digital currencies and blockchain assets.

Most recently, Sweden's largest online stockbroker Avanza has added bitcoin services. Some platforms have also integrated bitcoin cash trading. Avatrade and Admiral markets have introduced bitcoin cash CFD trading back in August. A Russian Forex broker, Alpari, has also launched a bitcoin trading pair.

In this regard, the CFD and brokerage/derivatives market for bitcoin seems to be booming. There does not appear to be an end in sight to the brokerages that are swallowing the crypto pill and embracing the changing financial landscape.

What do you think about ETX Capital offering bitcoin contracts? Are all of these brokerages offering indirect exposure to bitcoin a good thing? Let us know in the comments below. 

Images courtesy of Shutterstock and ForexBrokerz.com

Bitcoin.com is ramping up our tools section with a variety of useful Bitcoin-related applications. There's a price converter, paper wallet generator, a faucet, and a verifier to validate messages using the Bitcoin blockchain. We're pretty excited to introduce these new widgets and tools so our visitors have the best resources to navigate the Bitcoin landscape.

Wednesday, October 7, 2015

#MoreofPLUS – Size Diversity in Entertainment

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68.5% of adults in America are overweight or obese –

Yet less than 1% of lead characters in film and tv are plus size!

Because of the significant lack of plus size representation within the media, PLUS+ is launching the #MoreofPLUS – Advocating for Size Diversity in Entertainment.  This campaign wants to encourage decision makers in the industries to create more opportunities for plus size talent, as well as encourage plus size talent to pursue their dreams.

The Size Diversity Challenge

Art imitates Life – But NOT when it comes to size diversity in entertainment! 68.5% of adults in America are overweight or obese – Yet less than 1% of lead characters in film and tv are plus size talent.

Lack of Size Diversity Effects

  • According to (NEDA) Natl Eating Disorder Association  impossible standards of beauty (lack of size diversity) in media contributes to the development of body dissatisfaction and a drive for thinness (Not a drive to be healthy – but a drive to be thin) which is one of the most well know risk factors for eating disorders

The Goal

  • Encourage Entertainment decision makers to be inclusive of different body types by creating more opportunities for plus size talent.   We want them, to show that everyone has story worth telling (no matter their race, orientation, gender, or waist size)

How You can Help

  • In Social Media Share photos/Videos of your favorite plus size talent (and why) using the hashtag #MoreofPLUS, tag @PlusPositivity in your posts and we will share the best responses!
  • Nominate your favorite plus size celeb/person of influence to be featured in a #MoreofPLUS article
- Repost by plussizebabydolldress.blogspot.com -
Original post::http://www.pluspositive.org/moreofplus/

Wednesday, September 30, 2015

Looking for Plus Size Suiting and Wear to Work Options? #WorkIt with Ashley Stewart!

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Plus Size Suiting and Wear to Work Options with Ashley Stewart on TheCurvyFashionista.com #TCFWork You know, one thing that has consistently been called out from you is the lack of business appropriate, wear-to-work options! And as the seasons change, it’s time to get back to business and change up the wardrobe for fall and guess who is here to help you make it work? Ashley Stewart has launched their #Workit series, giving us a few fun pieces to mix and match and to build up our plus size suiting and wear to work options!

While my day to day life may be more casual, I always have a suit handy for whatever the reason. A meeting, a professional mixer, JUST in case, I have one handy! And the beauty of a suit? Not only can you rock them together, but you can also break it apart and wear each piece with other items in your wardrobe! This is one of the reasons why I always recommend a great suit as part of your essentials for your closet!

But back to the clothes! There is something about rocking and owning a suit. You feel boos, sharp, polished and ready to take on the world (or is that just me?) But, Ashley Stewart offers stylish staples that are perfect for mixing and matching, to create one of a kind look no matter how hard it is to open your eyes on a Monday morning! Hehehe Are you ready to see a few options? Well, take a peek!

Looking for Plus Size Suiting and Wear to Work Options? #WorkIt with Ashley Stewart!

Plus Size Suiting and Wear to Work Options with Ashley Stewart on TheCurvyFashionista.com #TCFWork Plus Size Suiting and Wear to Work Options with Ashley Stewart on TheCurvyFashionista.com #TCFWork Plus Size Suiting and Wear to Work Options with Ashley Stewart on TheCurvyFashionista.com #TCFWork Plus Size Suiting and Wear to Work Options with Ashley Stewart on TheCurvyFashionista.com #TCFWork Plus Size Suiting and Wear to Work Options with Ashley Stewart on TheCurvyFashionista.com #TCFWork Plus Size Suiting and Wear to Work Options with Ashley Stewart on TheCurvyFashionista.com #TCFWork Plus Size Suiting and Wear to Work Options with Ashley Stewart on TheCurvyFashionista.com #TCFWork Plus Size Suiting and Wear to Work Options with Ashley Stewart on TheCurvyFashionista.com #TCFWork Plus Size Suiting and Wear to Work Options with Ashley Stewart on TheCurvyFashionista.com #TCFWork Plus Size Suiting and Wear to Work Options with Ashley Stewart on TheCurvyFashionista.com #TCFWork Plus Size Suiting and Wear to Work Options with Ashley Stewart on TheCurvyFashionista.com #TCFWork Plus Size Suiting and Wear to Work Options with Ashley Stewart on TheCurvyFashionista.com #TCFWork Plus Size Suiting and Wear to Work Options with Ashley Stewart on TheCurvyFashionista.com #TCFWork Plus Size Suiting and Wear to Work Options with Ashley Stewart on TheCurvyFashionista.com #TCFWork Ashley Stewart Work it

Do you see what I mean? I have to admit, ever since Ashley Stewart has changed directions, this attention to suiting, their Dare to Bare lingerie, and fashion options have been making my head turn!- right?!? I find myself in more and more pieces from their stores!

With their varied options, you can efficiently and effectively put together a fun wardrobe without breaking the bank! Whether it is the blazer, skirt, and pant, these give us the options to fashionably fine tune our signature wear to work style! And while you are looking and feeling like a boss, make sure you tag #WorkIt so Ashley Stewart can see you!

Here’s to rocking looks look that take us from the desk to dinner without skipping a beat.

You can shop all of these looks Now at Ashley Stewart.com!

So before taking that morning coffee meeting, starting a new gig or asking for a raise, put your best curve forward and show them you’re a boss as soon as you walk through the door!

Which pieces do you have? Dig? Want more of? Let’s chat!

- Repost by plussizebabydolldress.blogspot.com -
Source link::http://thecurvyfashionista.com/2015/09/plus-size-suiting-wear-to-work-options-ashley-stewart/