Franck Muller Releases Luxury Watch With Bitcoin Cold Wallet Functionality

High-end Swiss watchmaker Franck Muller has partnered with alternative assets investing firm Regal Assets to release the bitcoin (BTC) storage watch “Encrypto,” according to a report by Cointelegraph Brasil on May 23. In addition to being a high-end fashion accessory, with a price ranging from $9,800 to $50,600, the watch reportedly also functions as a cold wallet for BTC. The watch is reported to be engraved with a public address on its dial and comes paired with a private key on a USB drive. According to the firm, the “deep…

World’s Oldest Watch Manufacturer to Use Blockchain for Tracking Timepieces

Swiss luxury watch and clock manufacturer Vacheron Constantin will start using blockchain technology to track its timepieces, lifestyle magazine Robb Report reported on May 24. Founded in 1755, Vacheron Constantin is recognized as the world’s oldest watch manufacturer. The company plans to issue a paper and digital certificate to each of its vintage watches, and will use blockchain tech to integrate additional information into the certificate, including a complete history of the product and manufacturer. Vacheron Constantin reportedly said that blockchain will help fight counterfeiters and guarantee authenticity of its…

Bitcoin Price | Brian Kelly Tells CNBC Watch for Rising Price

Bitcoin enthusiast and crypto fund manager Brian Kelly has told CNBC that Bitcoin price could rise further in the coming months. His prediction isn’t unfounded; there is an impending supply cut on the horizon and this should help to push prices higher. Brian Kelly Predicts Bitcoin Price will Rise In an interview on CNBC’s Fast Money program yesterday, May 21st, Kelly explained that “the halvening,” which is due to take place in 2020, will cut mining rewards in half. As such, he expects miners to begin hoarding BTC if they aren’t…

Bitcoin (BTC) Price Watch: Breakout or Further Decline?

Bitcoin price started a downside correction after tagging the $8,300 resistance against the US Dollar. The price tested the $7,575-7,600 support area and recently rebounded towards $8,100. Yesterday’s highlighted important bullish trend line is intact with support near $7,810 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is likely to trade in a range before the next move either towards $8,300 or below $7,575. Bitcoin price is holding a couple of important supports near $7,600 against the US Dollar. BTC could either climb above…

Bitcoin Price Watch: BTC Primed For Lift-off To $5,500

Bitcoin price remained well supported above the $5,200 and $5,160 levels against the US Dollar. The price is slowly grinding higher and it may well climb above the $5,350 level. There is a major ascending channel in place with support at $5,210 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is trading nicely in an uptrend and it could continue to climb towards $5,400 and $5,500. Bitcoin price remained well supported on the downside above $5,200 against the US Dollar. BTC is trading nicely…

Bitcoin (BTC) Price Watch: Dips Remain Attractive To Buyers

Bitcoin price extended gains above the $4,000 level and tested $4,040 against the US Dollar. The price started a downside correction after trading as high as $4,037. There was a break below a short term bullish trend line with support at $4,015 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might correct lower, but dips remain attractive to buyers near the $3,970 support area. Bitcoin price traded with a bullish bias above the $4,000 level against the US Dollar. BTC is currently correcting lower,…

Bitcoin (BTC) Price Watch: Market Presents Last Chance To Buyers

Bitcoin price struggled to climb above the $3,990 and $4,000 resistance levels against the US Dollar. The price declined again and retested the key $3,940 support area and the 100 hourly SMA. There is a short term bearish trend line in place with resistance at $3,980 on the hourly chart of the BTC/USD pair (data feed from Kraken). Buyers might have the last chance for an upside break above the $4,000 resistance. Bitcoin price is holding an important support near $3,940 against the US Dollar. BTC is likely to make…

Bitcoin (BTC) Price Watch: Rally Takes Break, But Not Likely Over

Bitcoin price climbed higher towards the $4,040 level before correcting lower against the US Dollar. The price declined below $4,000 and tested the key $3,940 support area. Recently, there was a break above a connecting bearish trend line with resistance at $3,970 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is currently moving lower, but it remains well supported near $3,940 and $3,920. Bitcoin price corrected gains recently below $4,000 against the US Dollar. BTC could bounce back as long as it is trading…

Bitcoin (BTC) Price Watch: Weekend Rally And Possible Run To $4,200

Bitcoin price gained traction and broke the $3,850 and $3,900 resistance levels against the US Dollar. The price rallied recently and even climbed above $4,000 before correcting lower. There is a major bullish trend line formed with support at $3,940 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair remains supported on dips and it could bounce back above $4,000 and $4,050. Bitcoin price rallied recently above the $4,000 level against the US Dollar. BTC corrected lower, but it remains supported and it may continue…

Bitcoin (BTC) Price Watch: Important Reversal Signs Emerge

Bitcoin price made a few swing moves above the $3,800 and $3,830 supports against the US Dollar. The price managed to settle above the $3,850 level and the 100 hourly simple moving average. This week’s major bearish trend line with resistance at $3,845 was breached on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair tested the $3,870 level and it is currently consolidating, with positive signs. Bitcoin price climbed above key resistance levels against the US Dollar. BTC is trading with a bullish angle and…