A correction is underway in IOTA and TRX price charts following bull break out above important resistance levels a few days ago. Still, we retain a bullish outlook recommending buyers to buy on dips as long as prices are trading…
Category: Crypto Analysis
Cryptocurrency Exchange Hacking Jumped 250% YTD, Says Report
A report on cryptocurrency theft published by cyber security firm CipherTrace found that hacking of exchanges and trading platforms has jumped 250 percent in the first nine months of 2018 on a year-over-year basis, reaching $927 million. $2.5 Billion Laundered…
AARP Offers Up Laughably Dated Definitions of Bitcoin and Blockchain
In an effort to bring their members up to speed about the goings on in the financial world, the AARP has published a list of Wall Street definitions. Amongst the different terms defined by the U.S.-based interest group are “Bitcoin”…
United Capital CEO: Blockchain Will Eventually Impact Every Financial Transaction
Although blockchain is still clearly in its early stages of adoption, it is becoming increasingly clear that the technology underpinning Bitcoin and cryptocurrency will ultimately affect the daily lives of all individuals. This sentiment is shared by Joe Duran, the…
Coinbase Confident of Receiving FSA Approval, Intends to Set Security Standards in Japan
San Francisco-based cryptocurrency exchange Coinbase aims to set a new security standard in Japan, and is more confident than ever that it will receive approval from Japan’s Financial Services Agency (FSA) to operate an exchange in the region. Coinbase Optimistic…
Global Financial Stability Board: “Vigilant Monitoring” of Crypto Assets Needed
The global Financial Stability Board has released a report focusing on cryptocurrencies such a Bitcoin and Ether earlier today. During the document, the group stated that the fintech phenomenon does not yet pose a risk to financial stability, but careful…
Market Analyst: Bitcoin Needs SEC Blessing to Continue Rally
As Bitcoin’s price continues to trade sideways amidst a bout of low trading volume, investors are becoming increasingly keen to know which direction Bitcoin will move next. This will likely signal the continuance or reversal of the persisting bear market…
Wall Street Trader-Turned-Artist Erects Bitcoin Rat Exhibit Across from Fed
A former Wall Street hedge fund manager-turned-artist has erected a massive inflatable Bitcoin rat art exhibit across from the U.S. Federal Reserve Bank in New York City. It’s thought to serve as a reminder that 10 years ago the Fed…
India Making Plans to Launch Its Own Government Backed Cryptocurrency
Despite its best efforts to keep crypto out of India, it appears that the Indian government is still not willing to completely exclude cryptocurrencies. According to the new announcement, India is making plans to launch its own digital currency. India…
New Google Ad Jokes About the Sky-High Cost of Mining Cryptocurrencies
In a recent ad about its Call Screen service, Google has revealed its feelings about Bitcoin and other cryptocurrencies, jibing at the massive electricity costs associated with mining them. Call Screen service is a new Android feature developed by the…
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