Cryptocurrency News
Author: Dmitriy Gurkovskiy, Chief Analyst at RoboForex After an eventful week, the XRP is slightly going down on Feb 1, Friday, trading around $0.3084. The crypto has been going down for over a month, with large moves and tight ranges taking turns. When the price reached $0.2772 and the MACD […]
Bitcoin and other crypto assets have found a new level of support at $3500 over the past month, but is this the bottom or is there still more pain to come? Bitcoin has a finite amount of supply, which is capped at 21 million coins. There is no such thing […]
It’s a case that has dragged on for over three years, and one that is highly polarizing. A Florida bitcoin trader is set to stand trial by jury for felony charges after a judge overturned an earlier ruling. The man, Michell Espinoza, had initially fought the case, and successfully so. However, […]
Americans everywhere are feeling the effects of rising healthcare costs, which in many instances have risen at a faster rate than the average income. There are unfortunately many unavoidable reasons for this, including increasing rates of chronic diseases like diabetes that account for the vast majority of care expenses. However, […]
While decentralization champions equality, crypto events have been anything but. According to a new report released recently, male attendees have dominated the events at 79 percent. And it’s not just the attendees where the men dominate. The report also revealed that a majority of the speakers are men, sometimes at […]
The battle between Ripple and Swift has been ongoing for quite some time now. The two opponents target the same market, cross-border remittances, and are thus naturally opposed. At a recent conference, the CEOs of the two firms had the chance to make their case, and Brad Garlinghouse came out […]
Since its January 15th mainnet launch, Grin began trading momentarily above US$250, fell all the way to $2.50, climbed up to $15, and fell once more below $7. All eyes have been on this exciting project, and speculators across the space are itching to know: where does it go next? […]
Last year was the worst yet in regards to crypto crime, a new report reveals. The industry lost more than $1.7 billion to crypto crooks, three times the 2017 tally. In what has become an ever-evolving menace, the thieves have continued to refine their methods. Crypto exchanges are still targets […]
There are some very peculiar trends to take note of in the cryptocurrency world. One obvious example is how many coins try to mimic Bitcoin by using its name in different ways. BitcoinHEX is the latest example to do so. A new Ethereum-based token with Bitcoin in the name always […]
It’s been a tug of war between cryptocurrencies and the legacy financial system in Iran. Iranians took to crypto early on, and this didn’t go well with the government. It banned the industry as a whole despite pleas from the crypto community. Finally, the tone has changed. Today, the Central […]
Hackers have made away with billions of dollars in the past few years. And as it turns out, it may have been primarily the work of two criminal groups. A new report by Chainalysis revealed that the two groups have stolen over $1 billion in successful heists in recent years. […]
It’s dark days we are living in, and for some, they are worse than for others. Investors are cautious before investing their money in startups. Governments are clamping down on crypto startups. Traders are less active than they were a year ago. Naturally, the crypto winter is taking down its […]
By now, you’ve been accustomed to hearing about theft in the crypto industry. Hackers have made away with billions of dollars, with exchanges being the target of choice for these criminals. However, in Los Angeles, a burglar went the old school way and stole the entire Bitcoin ATM. The incident took […]
Despite a wave of green in the past 24 hours, Bitcoin still remains range-bound below $3,700 for a third week. The currency was trading at $3,630 at press time, having registered a 1.4 percent gain in the past 24 hours. In some markets such as Coinbase and the dominant BitMEX, […]
Bitcoin doesn’t qualify as a currency, PayPal CEO stated today in an interview with CNBC’s Squawk Box. Rather, it’s a reward mechanism for implementing blockchain, Dan Schulman believes. The sentiments are nothing new given PayPal top executives’ history with bitcoin. In the past, Schulman has torn into bitcoin, especially in its […]
The leading U.S exchange is expanding its reach, and Asia is its target. In a series of recent moves geared towards thriving in a bearish market, Coinbase is set to go head to head with some of the biggest exchanges globally in Asia. The continent has been home to some […]
As Bitcoin continues to stumble downwards, every red tick becomes increasingly worrisome for fearful bulls. Early this morning, Bitcoin found itself in a momentary flash crash to the $3,400 mark. Fortunately, traders erased this slip and even contributed to slight gains on the day. At approximately 6:40am EST, Bitcoin fell […]
Water and oil. This best describes the relationship between cryptocurrencies and taxes. The current taxation model dates back many years ago before Nakamoto launched cryptos. This makes it quite difficult to adhere to the taxation policies for crypto traders. One crypto trader in Sweden knows this best and now owes […]