A surge in Bitcoin (BTC) awareness could come about this weekend as 60 Minutes, the oldest and most-watched newsmagazine on TV, is set to feature a story about the legendary “Bitcoin pizza guy,” Laszlo Hanyecz. In the early days of cryptocurrency, one man decided to trade his bitcoin for pizza. It was a historic event, […]
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Bitcoin Price Analysis: Where Is the Local Top for This Parabolic Run?
Summary:
- The bitcoin market has gone parabolic as we blasted off through two major weekly levels. The resistance got crushed due to a high amount of short positions that were force liquidated in an event known as a “short squeeze.”
- We are currently testing the $ 8,000 level but a major weekly resistance level looms directly overhead in the $ 8,150 area. The price structure is looking fairly climactic and we might see a strong round of selling hit the market that could potentially pull us down to retest the mid-$ 6,000s.
Poloniex Plans to Add Staking for Cosmos (ATOM) This Summer
Circle’s cryptocurrency exchange subsidiary, Poloniex, announced on Wednesday that it is planning to support staking for Cosmos (ATOM). Cosmos leverages a delegated proof of stake (DPoS) consensus system, which currently yields around 13% annually for stakers. Poloniex announces staking rewards for @cosmos $ ATOM. Coming soon – eligible exchange customers to automatically earn staking rewards. Learn […]
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This Bitcoin (BTC) Faucet Is Giving Away a Lamborghini Huracan LP 580-2
FreeBitco.in, likely the world’s largest Bitcoin (BTC) faucet with over 19.3 million users, is currently conducting a Lamborghini Huracan LP 580-2 giveaway. According to the site, the event will run over the next 180 days, and investors can earn “Golden Tickets” by betting, playing the sites wagering games or purchasing them for 0.00025 BTC a […]
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Crypto Hacks Are on Track to Eclipse $1 Billion in Lost Funds This Year
Crypto security and intelligence firm CipherTrace has published its Q1 2019 Cryptocurrency Anti-Money Laundering Report, revealing that exchange platforms all over the world have lost nearly $ 400 million as a result of hacks and thefts.
Hacks Are Making Bank
According to the firm, the report is based on an analysis of 164 million Bitcoin-based transactions.
It paints a particularly bleak picture of asset security, revealing that in 2019 so far, thefts incurred as a result of crypto hacks have amounted to $ 356 million.
This App Teaches You How to Become a Bitcoin Cash Trader
If you are new to the crypto space and want to learn more about trading there’s a useful app that focuses on one of the most popular cryptocurrencies. Bitcoin Cash: Online Course gives you the basics and explains in detail the instruments that any successful trader should be using such as fundamental and technical analyses.
Also read: How to Create a Bitcoin Cash Wallet With Cashaddress
Dozens of Crypto Trademarks Filed in the US This Year
General interest in cryptocurrencies is not what it used to be during the all-time highs of 2017 and established companies in the industry have been rethinking their priorities. Entrepreneurship in the crypto space, characterized by ingenuity and optimism, remains strong however. This is shown by the fact that dozens of businesses and individuals in the U.S. have filed for crypto-related trademarks this year.
Also read: Russia Prepares to Test Cryptocurrencies in Four of Its Regions
Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means
The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $ 850 million.
What does the news mean for Bitfinex, Tether and Bitcoin?
Wikileaks Cache Now Hosted on IPFS Thanks to this Bitcoin Cash Developer
With the founder of Wikileaks behind bars, it’s been a trying time for activists who believe in spreading freedom and truth in an age steeped in lies and manipulation from parasitic central bankers and bureaucrats. In order to show support for Julian Assange, Bitcoin Cash (BCH) developer Chris Troutner decided to upload the entire Wikileaks cache of documents to the Inter-Planetary File System (IPFS) and the BCH chain so the truth can be read forever.
Also Read: WikiLeaks Has Raised 4,000+ BTC Since 2011
Mike Novogratz Says Sell This Litecoin (LTC) Rally… and Buy Bitcoin
Former Goldman Sachs partner Mike Novogratz believes investors should sell the recent Litecoin (LTC) rally, emphasizing his belief that Litecoin is nothing more than a glorified Bitcoin (BTC) testnet and comparing the digital assets to silver and gold. In a recent tweet, Novogratz came out swinging by comparing the value and relative utility of gold and […]
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‘This Is Not an ICO, Just Barter’ – How Issuers Attempt to Evade Regulatory Scrutiny
Some issuers of initial coin offerings have started to change the terminology they use to refer to their token sale in a bid to evade the attention of regulators – the hawkish U.S. Securities and Exchange Commission (SEC) in particular. With research finding that fewer than half of ICO projects make it past the first few months of their token sale, regulators have become increasingly concerned about ICOs, many of which have turned out to be elaborate scams.
Also read: Why Africa Continues to Lag Behind in Cryptocurrency Adoption
This Photo Gallery App Is a BCH Light Wallet in Disguise
On March 27, a developer released a different kind of Bitcoin Cash (BCH) application called Bchgallery, an Android BCH wallet that is disguised as a generic photo gallery app. The platform aims to provide added security through obscurity by acting as a decoy application.
Also read: New Crypto-Friendly Banking and Payment Services Launch in the UK and Russia
Interest-Paying Crypto Accounts Are This Year’s Leading Trend
2019 has witnessed a Cambrian explosion of crypto interest schemes. Previously, the only way to make a passive income on your cryptocurrency was through hodling and hoping it would rise in dollar terms, or to operate a masternode for a dubious altcoin. Today’s investors have it a whole lot easier thanks to a string of new savings programs that promise annual interest simply for locking up digital assets.
Also read: This Photo Gallery App Is a BCH Light Wallet in Disguise
Here’s Why Bibox Token (BIX) Is Up Over 200% This Month
Bibox Token (BIX), the exchange token associated with the Bibox exchange, has taken off in March as improving market conditions and continued Bibox development have investors feeling bullish. Over the period, BIX has risen from $ 0.159 to over $ 0.48 — an increase of roughly 201%. This rise has brought BIX to a market cap of […]
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New BCH Apps and a Special Giveaway in This Week’s Video Update From Bitcoin.com
In addition to learning about the latest developments in the world of Bitcoin Cash, you can take part in a special giveaway in this week’s video news update from Bitcoin.com. Streamed live and hosted by Roger Ver, the weekly show is shared on Bitcoin.com’s Youtube channel every Sunday.
KuCoin Shares (KCS) Have Quietly Gained 190% This Month
Over the last month, crypto exchange tokens have seen explosive growth. According to the AltDex Exchange Token Index (ALTEXC), a benchmark index that tracks the category, exchange tokens are up just under 50% in the past month. AltDex Exchange Index since the beginning of February (AltDex) While most people have been focused on Binance Coin (BNB), […]
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Bitcoin Price Analysis: Could Three Times Be the Charm for This Resistance Level?
Bitcoin remains in its tightly coiled range as the market continues its sideways trend for the third week in a row. While macro support has been tested three times recently, we have yet to test the overhanging macro resistance:
Figure 1: BTC-USD, Daily Candles, Narrow Range
The blue zone outlined above shows a very strong zone of support that, over the last few weeks, has seen three strong tests and has led to a slowly upward-drifting market consolidation. Since re-establishing support, the market has yet to see a meaningful retest of the overhead resistance outlined above in the red dashed and solid lines. The immediate resistance sitting overhead has, historically, been a highly volatile period where supply has manifested and stifled any bullish pressure:
Decred (DCR) Price Rallies 15% This Week Following OKCoin Listing
Decred (DCR), a blockchain platform that leverages a hybrid proof-of-work (PoW) and proof-of stake (PoS) consensus model, became the latest altcoin listed on San Francisco-based crypto exchange OKCoin this week — notably the first direct USD pairing available to U.S. investors. We are excited to announce that we have listed @decredproject on our platform. Deposit and withdraw […]
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EOS-Based Unlimited Tower Will Enter Alpha Testing This Month
Unlimited Tower, a new EOS-based battle TRPG, announced Friday that it is planning to begin alpha testing this month. The @UnlimitedTower team is going to release the first Alpha Test of their game this March. Unlimited Tower is the next generation on-chain battle SRPG Dapp powered by the EOS blockchain. From today you can apply […]
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Putin’s Order: Russia to Adopt Cryptocurrency Regulation by July This Year
Russia’s President Vladimir Putin has instructed his country’s government to adopt federal laws relating to cryptocurrency by July this year. Russia has earlier broadened the definition of “digital financial assets” to include cryptocurrencies. Putin’s latest order resembles one he made regarding crypto regulation last year.
Also read: SEC Chair Explains Key Upgrades Needed for Bitcoin ETF Approval
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