Bitcoin sunk beneath the key $10,000 mark to a recent low amidst rumor-mongering of a Binance hack that compromised investor accounts. Nothing Was Hacked Rumors that apparently began with a Reddit thread questioning whether Binance customers where being hacked spread across the net resulting in an overall drop in the cryptomarket. It may have all started with […]
Archive | March 7, 2018
The U.S. state of New Jersey has issued a cease-and-desist order to an initial coin offering (ICO) endorsed by film actor Steven Seagal.
Key Highlights Ripple price fell sharply and declined below the $0.8500 and $0.8200 support levels against the US dollar. There is a major bearish trend line forming with resistance near $0.8600 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair remains in a bearish zone and it may decline further […]
Binance has found itself at the center of an unusual trading bug that has created big winners and losers. In a matter of minutes, viacoin pumped by 70x. Just to compound the drama, bitcoin experienced a massive sell-off shortly afterwards following bearish news from the SEC. Binance suspended withdrawals while it investigated the matter, but […]
The non-profit dedicated to advancing ethereum has awarded $2.5 million in grant funding to various projects looking to improve the ecosystem.
FOMO Moments The rout has intensified during this morning’s Asian trading session and the bears are fully in control. As was witnessed this time last month a huge selloff is occurring and all crypto currencies are falling sharply, led by Bitcoin which has lost 9% in the past day. There are no altcoins in the […]
In the ongoing saga of how U.S. regulators will ultimately handle cryptocurrency the SEC yesterday said it will require digital asset exchanges to register causing Bitcoin to dip below $10,000. Cryptocurrency Defined as Securities The SEC released a statement that said online platforms trading in digital assets are considered securities under existing guidelines and therefore must register […]
SWIFT, the interbank communications firm, has announced the results of a proof-of-concept program using DLT for bank transactions.
Telegraph.co.ukBitcoin slumps further as Japan and SEC revive regulatory concernsTelegraph.co.ukBitcoin slumped for a third day amid fears of a regulatory clampdown on cryptocurrency exchanges in Japan and the US, the world’s most active markets for digital assets. The biggest virtual currency declined more than 3 percent in early Asia trading …and more »
South China Morning PostBitcoin to top US$29000 by year’s end while ethereum may more than triple, survey findsSouth China Morning PostThe cryptocurrency ethereum is likely to see a bigger increase in market capitalisation than bitcoin by the end of this year, a market survey has found. Consumer product and services comparison website Finder’s survey of […]
Key Points Bitcoin cash price extended declines and moved below the $1,100 support against the US Dollar. There is a new connecting bearish trend line forming with resistance at $1.110 on the hourly chart of BCH/USD (data feed from SimpleFX). The pair is likely to extend declines and it could even break the $1,000 level […]
Japan’s Financial Services Agency is halting the operation of two domestic crypto exchanges while requiring six exchanges to report improvement plans.
Bitcoin Price Key Highlights Bitcoin price has moved closer to testing the neckline of its double top pattern highlighted earlier. A break below this support zone could push price by around $2,000 lower or the same height as the chart formation. Technical indicators are also hinting at a potential pickup in bearish momentum. Bitcoin price […]
Back in the spring of 2017, the discussion of a technology called ‘ASIC Boost’ was a very hot debate amongst bitcoin proponents. Bitcoin core (BTC) supporters were extremely upset with the firm Bitmain Technologies and its owner Jihan Wu for allegedly using ASIC Boost covertly, even though the company denied it. Now according to reports […]
The cryptocurrency wallet Rahakott was launched at November 2017. Now you can use three cryptocurrencies: Bitcoin, Bitcoin Cash and Litecoin. Rahakott is a cryptocurrency wallet that allows anyone to send or receive digital currencies and to monitor their balance. The success of Rahakot is explained by serious work in three directions: high level of usability, […]