Archive | July 1, 2018

Kraken Claims Bloomberg is Manipulating Bitcoin Futures Market

Crypto exchange Kraken has responded to a recent article by Bloomberg that argues Tether (USDT) is being manipulated on their exchange. Kraken took a dig at the article’s complex headline and insinuated that the article was written to have an effect on the price of futures trading. Kraken Swipes at Bloomberg Four Bloomberg reporters claimed… […]

Latvia Joins Baltic Neighbor Estonia to Drive Fintech and Blockchain Charge

The Baltic state of Latvia may be a fledgling in terms of fintech development but it is beginning to make real inroads into developing the space, writes Fintech Switzerland. Fintech has a rapidly growing footprint in the startup scene and cryptocurrency interest is growing despite government’s uncertainty regarding regulations in the sector. Latvia currently levies […]

Ripple Price Analysis: Can XRP/USD Surpass $0.4750?

Key Highlights Ripple price recovered from the $0.4248 low, but it failed to settle above $0.4750 against the US dollar. There is a short-term declining channel in place with resistance at $0.4650 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair must clear the $0.4650 and $0.4750 resistance levels to… […]

Kraken Goes Savage Against Tether Manipulation Allegations

Following a Bloomberg News expose, alleging market manipulation of controversial alternative token Tether (USDT) on its exchange, Kraken fires off a savage blog post mocking journalists and defending their business’ integrity. Also read: Red Flag Waved in Tether’s Relationship with Kraken Exchange Kraken Goes Savage On Bloomberg On Tether: Journalists Defy Logic, Raising Red Flags […]

Did Satoshi Reappear to Write a Bitcoin History Account?

The mystery of the true identity of Satoshi Nakamoto has been a topic of discussion in the cryptocurrency community for years after he/she/they mysteriously disappeared. But a website, created on June 29th, states that Satoshi is back. Satoshi Nakamoto: Bitcoin’s Decade-Long Mystery Who is Satoshi Nakamoto? That is the mystery that has plagued the cryptocurrency… […]

Survey: 60% of US Consumers Wished They Invested in Bitcoin

A new study released by CreditCoin shows that more than half of US consumers surveyed who didn’t own Bitcoin or any other cryptocurrency wished they did. Additionally, new cryptocurrency adopters find that the processes of buying digital currency are too complex, and therefore off-putting to those new to the space, writes Benzinga. The report is […]

Cryptocurrency Market Update: 0x (ZRX) Surging 20% on Coinbase Rumors

FOMO Moments Crypto land is quiet; Zero-ex, Nem, Neo, and Verge doing well this morning. Following the pump from the lowest dip of the year on Friday, crypto markets have been relatively stable over the weekend. Total market capitalization has remained above $250 billion but further upward momentum could not be found. Better news is… […]

Ethereum Price Analysis: ETH/USD Could Break Higher

Key Highlights ETH price is positioned nicely above the $438.00 and $435.00 support levels against the US Dollar. There is a key contracting triangle formed with resistance near $455 on the hourly chart of ETH/USD (data feed via Kraken). The pair may perhaps break the triangle resistance to trade further higher towards $480. Ethereum price… […]

Bitcoin Cash Price Analysis: BCH/USD Bullish Above $700

Key Points Bitcoin cash price is positioned nicely above the $700 support with positive signs against the US Dollar. There is a new declining channel formed with resistance near $740 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair must clear the $740 and $750 resistance levels to move further… […]

Bitcoin (BTC) Price Watch: Reversal Pattern and Breakout

Bitcoin Price Key Highlights Bitcoin price staged a rally sharp enough to break past the falling trend line on the 4-hour chart. In addition, a small double bottom has formed on this same time frame to signal that an uptrend is underway. Technical indicators, however, are suggesting that the declines could still resume. Bitcoin price… […]

Crypto Crying out for Regulation as Thailand Leads the Way

Industry professionals and CEOs of blockchain companies are clamouring for regulators to clarify the legal status of cryptocurrencies to open up innovation and help ‘smart money’ to move into the space. Thailand has shown how it can be done even if their policies are not crypto-friendly enough. Regulation Will Encourage Growth Regulation is often given… […]