Archive | June 19, 2018

Coinbase CEO Tells New Employees ‘Don’t Panic’ Over Bitcoin Price

When Brian Armstrong founded Coinbase in 2012 Bitcoin was worth around $10 and existed in relative obscurity. Those who had heard about this digital money or even the word cryptocurrency probably did so through a news brief about the dark web. Those who were trading in it already were a very select few. Coinbase CEO Tweets… […]

Ex SWIFT CEO, Ledger President, Among Mentors of New Blockchain Incubator in Paris

A first of its kind program named ChainAccelerator has been launched in Paris, France at Station F. The program’s goal is to nurture blockchain startups, and it has 29 mentors from across the blockchain and finance industries as well as partnerships with 13 companies. Some notable mentors include Leonard Schrank, former CEO of major international transaction […]

Ripple Price Analysis: Can XRP/USD Hold This Support?

Key Highlights Ripple price failed to move above the $0.5620 resistance area and trimmed gains against the US dollar. There is a key connecting bullish trend line in place with support at $0.5250 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair has to remain above the $0.5250 support area… […]

Major Korean Crypto Exchange: $31 Million Vanishes

Bithumb, South Korea’s largest crypto exchange announced on its website that between Tuesday evening and Wednesday morning, Korean time, 35 billion won (about 31.5 million USD) worth of cryptocurrencies vanished. Just a few hours later, the announcement was taken down, along with promises of compensation. At press time, it appears Twitter announcements of the heist […]

Max Keiser: Bitcoin Price Rise to Follow Increasing Hashrate

Journalist and former Wall Street trader Max Keiser has expressed his views that with the Bitcoin hash rate reaching another all-time high and 15% spike this month, an increase in the value of Bitcoin will be triggered. Sharing a post on Twitter illustrating the growing hashrate in a graph, Keiser wrote: ”My mantra since $3. […]

Crypto Markets Lose $10 Billion as Altcoins Predictably Plummet on Exchange Hack Story

FOMO Moments Markets have dopped, altcoins getting hit hardest are Iota, Dash, Qtum and Bytecoin. What appeared to be signs of a rebound over the past day have been quashed this morning when news broke that Korea’s second largest exchange Bithumb had been hacked. Markets tumbled once again, with almost $10 billion being wiped out… […]

Former Indian Legislator Named ”Offender” in Bitcoin Extortion Inquiry

A former Indian legislator has been found a “proclaimed offender” by the local court presiding over a USD 1.3 million Bitcoin extortion case. As reported by The Indian Express, former member of Legislative Assembly Nalin Kotadiya failed to show up in court regarding the case, despite multiple summonses. The Indian Criminal Investigation Department (CID) was not […]

Ethereum Price Analysis: ETH/USD Approaching Support

Key Highlights ETH price traded higher recently and tested the $545 resistance zone against the US Dollar. There is a major bullish trend line in place with support at $510 on the hourly chart of ETH/USD (data feed via Kraken). The pair is currently moving lower and is approaching the $510 support and the 100… […]

Bitcoin More Influential in US Politics Than Ever

US Senate candidate Austin Petersen revealed his campaign received, and promptly returned, a giant amount of bitcoin this week, as the donation ran afoul of financing laws. Leading candidate for the Libertarian Party’s national chair, Joshua Smith, has made cryptocurrency a key part of his platform heading into the convention. Candidate for congress, coder Brian […]

Bitcoin (BTC) Price Watch: Make or Break at Channel Resistance

Bitcoin Price Key Highlights Bitcoin price looks ready to resume the slide after hitting the resistance at the descending channel. This lines up with the Fib retracement levels, adding strength to the ceiling. Technical indicators also support a continuation of the downtrend. Bitcoin price climbed to the top of its descending channel where sellers were… […]

Bitcoin (BTC) Price Watch: Make or Break at Channel Resistance – newsBTC

newsBTCBitcoin (BTC) Price Watch: Make or Break at Channel ResistancenewsBTCBitcoin price got another blow from remarks by Goldman Sachs CEO Lloyd Blankfein who said that this cryptocurrency is not for him. However, there is still some degree of positive sentiment coming from the New York FSA’s approval of Square’s Cash mobile …Bitcoin (BTC) Price Analysis: Bears […]

Trade.io Embarks on a Massive Airdrop Campaign for Token Holders

Airdrops are a multi-purpose free token giveaways that are meant to incentivize token holders and the crypto community in general in a new token project. Previous successful airdrops have been effective as new token owners try to maximize the potential of their rewarded tokens. Trade.io, a next-generation fintech institution based on Blockchain has announced a […]