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 […]
Archive | May 13, 2018
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 […]
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… […]
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 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 …
From miner adoption to a lightning-like network to new partners, RSK, which developed the bitcoin smart contracts sidechain, is building momentum.
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… […]
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… […]
FOMO Moments The weekend witnessed more bearish pressure as the selloff continued. Total market capitalization has dipped below $400 billion but has recovered a little during Asian trade this Monday morning. There has been a very slight rebound but Bitcoin is currently trading level on the day at $8,450. This has not been enough to… […]
BitGo Courts Wall Street With New Bitcoin Custody ProductsCoinDeskWhile BitGo primarily started as a bitcoin-only firm, it steadily increased the number of coins it supported over 2017 in line with a jump in the number of crypto hedge funds, as well as…
Following its acquisition of a qualified custodian, BitGo is unveiling a new product suite Sunday designed to appeal to institutional investors.
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… […]
Bitcoin is now trading at the $8,600 mark. This is roughly $200 higher than where it stood yesterday afternoon. Could the price be recovering following Mt. Gox’s latest sell-off? Early this week, bitcoin was marred by two major actions. The first stemmed from South Korea, one of the largest bitcoin trading hubs in the world. […]
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, […]
The 600-member Crypto Valley Association has added venture capital firm Lakestar as a strategic partner.