Archive | Uncategorized

The U.S. policymakers will look into potential risks that digital currencies could pose to the American democracy.

Fortune $1 Billion Bitcoins Lost in Mt. Gox Hack to Be Returned to VictimsFortuneA Japanese court ruled Friday to pull infamous Bitcoin exchange Mt. Gox out of bankruptcy, opening the door for at least $1 billion worth of cryptocurrency to be paid back to the company’s former customers. The decision was a stunning outcome for […]

Cointelegraph Chinese Police Arrest Bitcoin Miner Who ‘Stole’ 150 MW of ElectricityCointelegraphA Chinese man has found himself in police custody after attempting to steal electricity to fund his unprofitable Bitcoin mining operation, local media outlet Xinhua reports June 22. The suspect, known only by his surname Ma, allegedly mined Bitcoin and …

Bitcoin’s bears have seized the upper hand and forced a rising wedge breakdown, the technical charts indicate.

Ethereum co-founder is looking to China for his next big investments, likes Qtum and Vechain and still believes strongly in Bitcoin. Shopping for Bargains Anthony Di Iorio who currently runs Decentral an “Innovation Hub” in Toronto which focuses on blockchain projects and is the creator of the Jaxx cryptocurrency wallet made his money as an… […]

Bloomberg Trend Analysis Suggests Bitcoin’s Bad Year Is About to Get WorseBloombergBitcoin’s bad year may be getting worse. The world’s biggest cryptocurrency, which nearly reached $20,000 in December, has lost almost two-thirds of its value since then. And according to the Directional Movement Index, Bitcoin is on its strongest …

That’s not something you see every day: an opinion from the U.S. Supreme Court that makes a reference to cryptocurrencies.

Bitcoin’s bulls are struggling to force a rally, despite a still-favorable short-term set-up on the technical charts.

Key Points Bitcoin cash price found support near the $865 level and bounced back against the US Dollar. Yesterday’s highlighted short-term bullish trend line is intact with support at $880 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is moving higher and it may soon make an attempt to… […]

TheStreet.com SEC Says Bitcoin and Ether Are Not Securities — but Prices Stay Bearish?TheStreet.comNonetheless, the SEC’s acknowledgement that Bitcoin and Ether are not securities helps to introduce some regulatory certainty into the cryptocurrency industry. CBOE Global Markets president Chris Concannon notes that it might be looking to launch ETH … and more »

ForbesBitcoin Marches On Following Bithumb HackForbesBitcoin prices have held up following the announcement that South Korean exchange Bithumb was hacked to the tune of roughly 35 billion won (approximately $31.6 million). The market-leading digital cu…

Fortune Cryptocurrency Hedge Fund Gets VC Fred Wilson’s Backing Amid Bitcoin SlumpFortuneThat figure, which also factors in investment performance in the midst of a six-month-long selloff in Bitcoin and other cryptocurrencies, is up from the $50 million Multicoin said it had raised in March from investors including Marc Andreessen and …

Express.co.ukBitcoin price LIVE: BTC to fall after massive $30 million HACK heist in South KoreaExpress.co.ukBITCOIN was dealt another blow last night after South Korean cryptocurrency exchange Bithumb said $31.5 million was stolen by hackers causing t…

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… […]

Wall Street JournalIs Bitcoin the Future, or an Echo of a Failed Past?Wall Street JournalBut there are some real-world uses for bitcoin. A smattering of small businesses accept it. Online travel sites Expedia and CheapAir.com accept it. In Japan, busin…