ForbesAlmost 500000 People In Switzerland Voted For A Bitcoin-Like Financial SystemForbesA campaign to radical shift Switzerland’s financial industry into something resembling Bitcoin’s economic system lost spectacularly yesterday — but it did manage to win almost 500,000 votes, around 25% of those polled. The controversial plan — known …and more »
Archive | June 10, 2018
Apple has made a number of store revisions in order to loosen its guidelines for crypto apps, reports Investing.com. A group known as the Developers Union had recently made requests to Apple to allow every app on the platform to free trials before July 2019, among suggestions for other improvements. The union is an unofficial body […]
The Bitcoin price has taken another massive dip over the weekend. Pinpointing the exact reason for that development is not all that easy. Some people blame the hack of CoinRail to be the culprit. However, the exchange is a small platform with a less-than-great reputation in South Korea. CoinRail Hack is Unfortunate Whenever a cryptocurrency… […]
Yahoo FinanceBitcoin tumbles as hackers hit South Korean exchange CoinrailYahoo FinanceSEOUL (Reuters) – South Korean cryptocurrency exchange Coinrail said it was hacked over the weekend, sparking a steep fall in bitcoin amid renewed concerns about sec…
South Korea-based Coinrail has not disclosed the exact amount lost in the breach, but data suggests the damage could be $40 million.
Bitcoin price plunge over the weekend is generally being linked to another cryptocurrency exchange hack in South Korea. This time it was a smaller exchange called Coinrail that was breached by blackhats who made off with over $40 million in altcoins which may have caused the massive sell-off on Sunday leaving a trail of red… […]
Cardano Price Key Highlights Cardano continues to trend lower below a descending trend line on the 1-hour chart. Long-term support appears to be drawing bullish pressure and a bounce could be due. In that case, Cardano could still encounter nearby resistance at the Fib levels and trend line. Cardano looks prime for a pullback from… […]
Amidst the brutal market conditions, a Reddit user, BeanThe5th, has somehow managed to get in more trouble than the market is currently in, reportedly losing two Bitcoin in a hack. Reddit User Loses Two Bitcoin In Binance Hack Yesterday, BeanThe5th made a thread in the popular /r/cryptocurrency subreddit, regarding a theft that has occurred on his… […]
Former chair of the FDIC, Sheila Bair, writes on the viability of CBDCs and their need for further investigation.
Bitcoin Price Key Highlights Bitcoin is still inside its descending triangle visible on the daily chart. Price is testing support and is approaching the peak of the formation to signal an imminent breakout. Technical indicators appear to be favoring a downside move and a selloff. Bitcoin is testing the bottom of its descending triangle on… […]
Key Highlights Ripple price declined sharply and broke the $0.65 and $0.62 support levels against the US dollar. There was a break below a major bullish trend line with support at $0.66 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair may decline further if it fails to hold the… […]
It’s debatable whether investing in a range of coins limits downside as Markowitz’s MPT framework would suggest, but it might help capture upside.
Key Highlights ETH price declined sharply and traded below the $540 support area against the US Dollar. There is a connecting bearish trend line forming with resistance at $560 on the hourly chart of ETH/USD (data feed via Kraken). The pair may correct a few points in the short term, but upsides are likely to… […]
The TzLibre fork will be launched on the 4th of June 2018. TzLibre are forking DLS-Tezos, this fork is for the Tezos contributors. TzLibre is a trustless and hard-capped implementation of the Tezos idea. TzLibre will start airdropping TZL tokens to all Tezos contributors who have claimed them. TzLibre is a group of Tezos token […]
Bitcoin has taken a serious beating in the last 48 hours with significant drops happening in two legs plunging the price from just above $7,600 to $6,784 at the time of writing according to livecoinwatch.com. That is a 7.9% loss in 24 hours for BTC but as coins have remained closely correlated in this market where… […]