Weekly reports regarding developments in the world of cryptocurrency is always worth one’s while. In the case of OKEx’s new report, their blockchain industry report for the past week highlights a lot of interesting topics. With the falling Bitcoin prices, one would expect a lot of negativity to ensure. That is not necessarily the case, […]
Archive | June 12, 2018
Crime and cryptocurrency almost seem to hand-in-hand these days. Not a month goes by without some criminal activity involving Bitcoin or other cryptocurrencies. One Bronx biker gang has three men arrested for their involvement in a $2 million cryptocurrency kidnapping and robbery incident. The Bronx Biker Gang-Cryptocurrency Angle While one wouldn’t necessarily expect biker gangs […]
Bitcoin hit all time highs near USD 20,000 in December 2017 and since then has been in a constant decline which has seen its price drop roughly 66% to USD 6,750 as of this writing, shaving USD 210 billion off of its market cap. This has caused much gloom and stress among investors and traders, […]
Coinbase has just announced that they will be finally launching their index fund, which will be composed of all crypto assets on Coinbase’s exchange services. Coinbase Index Fund Is A Go Back in March, the Coinbase Asset Management (Coinbase AM) team announced that the creation of the Coinbase Index Fund. The community reaction was positive… […]
The Canadian mass media and information giant, Thomson Reuters, is expanding its sentiment analysis to track 100 of the world’s top cryptocurrencies.
The police in Japan are cracking down on the illegal use of personal computers for cryptocurrency mining. Multiple prefectural police departments are currently investigating one particular case and pursuing criminal charges, which would make it the first criminal case in Japan where computers are illegally used for mining cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into […]
FOMO Moments The bears have full control and crypto markets are sliding further again today. With almost $20 billion shaved off in 24 hours things are looking grim in crypto land. Bitcoin is falling dangerously close to $6,000 and altcoins are getting punished as usual. BTC has declined a further 4.3% on the day to… […]
The price of litecoin falls below $100 again today to reach a 2018 low so far.
EOS Price Key Highlights EOS is ready to resume its downtrend after bouncing off the top of the descending channel on the 4-hour chart. Price is also breaking below the mid-channel area of interest to signal a potential move until the bottom. The Fibonacci extension tool shows the next downside targets, but technical indicators suggest… […]
CNBCBitcoin notches two-month low in the wake of cryptocurrency exchange hackCNBCBitcoin eased further on Wednesday following its initial drop after the weekend announcement that South Korean cryptocurrency exchange had been hacked. Other major cryptoc…
Bitcoin Price Key Highlights Bitcoin is down to a major support zone visible on the long-term chart and a breakdown could lead to a test of $4,000. If bears still take price below the next long-term bottom, a move towards $2,000 could come next. On the other hand, a bounce off this strong floor could… […]
Blockchain startup Quantstamp is feeling the heat from community members accusing it of misleading them on its QSP token and proprietary technology.
Key Highlights ETH price declined further and failed to hold the $500.00 handle against the US Dollar. This week’s followed important bearish trend line acted as a barrier near $540 on the hourly chart of ETH/USD (data feed via Kraken). The pair declined below the $500 handle and it may accelerate declines in the near… […]
Digital Jersey has signed an MOU with Binance to establish a crypto exchange and promote distributed ledger technology in fintech in Jersey
The Financial Action Task Force will reportedly develop new binding rules for crypto exchanges