Archive | May 13, 2018

$700K in Bitcoin Sequestered by London Police in Hacking Inquest

In a recent case involving fraudulent online activity, the London Metropolitan police conducted Scotland Yard’s first cryptocurrency seizure, a confiscation totaling USD 700,000 in Bitcoin. As reported by USA Today, the perpetrator, 25-year-old Grant West, pleaded guilty in court December last year to conducting cyber attacks on fast-food outlets, gambling shops, supermarkets, and mobile phone companies. Investigators […]

Research Paper Finds Transaction Patterns Can Degrade Zcash Privacy

Just recently researchers from the University College London published a paper about the patterns found in “shielded” and “unshielded” Zcash transactions. The study explains when users switch between these types of addresses anonymity is degraded. The team concludes that while Zcash transactions can be private, it’s also possible to diminish privacy if certain usage patterns […]

Ripple Price Technical Analysis – XRP/USD Correction Likely Over

Key Highlights Ripple price corrected higher recently, but it struggled near the $0.7500 resistance against the US dollar. The XRP/USD pair is currently attempting a close below an ascending channel with support at $0.7000 on the hourly chart (data source from Kraken). The pair may is now at a risk of a downside move back… […]

Insiders Reveal ASIC Mining to be Inevitable For Cryptocurrency

In a revelatory blog post, David Vorick makes a thorough examination of cryptocurrency mining from his experts point of view concluding that ASIC mining is an inevitable result of the big money involved in the mining industry. Like Printing Money Vorick who oversees development of the decentralized file storage coin SIA also operates Obelisk, his own ASIC… […]

First Bitcoin Smart Contracts Sidechain Now Secured By 1 in 10 Miners – CoinDesk

First Bitcoin Smart Contracts Sidechain Now Secured By 1 in 10 MinersCoinDeskThe first bitcoin smart contracts sidechain just reached an early milestone. To be revealed Monday at CoinDesk’s Consensus 2018 conference, RSK, the startup that built the long-anticipated technology, touted as a way to bring ethereum-style smart …

Ethereum Price Technical Analysis – ETH/USD Could Recover Further

Key Highlights ETH price started a nice upside recovery and moved above the $710 resistance against the US Dollar. There is a key bullish trend line with support at $710 forming on the hourly chart of ETH/USD (data feed via Kraken). The pair is currently correcting lower, but it remains supported near $705, $710 and… […]

Bitcoin Cash Price Technical Analysis – BCH/USD Struggling Near $1,500

Key Points Bitcoin cash price recovered recently, but it struggled to break the $1,500 resistance against the US Dollar. There was a break below a short-term contracting triangle pattern with support at $1,450 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair may decline a few points towards the $1,400… […]

Bitcoin Price Watch: Will the Bearish Moves Continue?

Bitcoin Price Key Highlights Bitcoin price is still on a downtrend on its 1-hour chart, moving below a descending trend line. Price could be due for a pullback to the falling resistance, which lines up with the Fib levels. Technical indicators are suggesting that the selloff could carry on. Bitcoin price is exhibiting some bearish… […]

Technical Analysis May 13: Bitcoin, Ethereum, Bitcoin Cash, Litecoin and Ripple – CryptoSlate

Yahoo FinanceTechnical Analysis May 13: Bitcoin, Ethereum, Bitcoin Cash, Litecoin and RippleCryptoSlateOn the 1-day, Bitcoin is currently sitting inside the cloud, below the Tenkan and Kijun Sen. These lines are sloping towards each other, indicating high momentum and a possible TK cross. While the TK Cross hasn’t formed yet, crosses inside the cloud …Bitcoin Cash, […]