In the cryptocurrency world, exchanges remain a very profitable target for hackers and other types of criminals. In the case of QuickBit, a Swedish trading platform, a data breach took place, albeit it seems no money was stolen in the process. This is another stark reminder for users to not […]
Tag: bitcoin
Bitcoin, Litecoin and Ripple’s XRP Price Prediction and Analysis for July 23rd: BTC, LTC, and XRP
Bitcoin Price Analysis (BTC/USD) Over the last 24hrs, BTC/USD pair has been trading on a sideways market. On an hourly chart, the horizontal channels that are acting as the pair’s price resistance level $10694.22 and support level $10374.41 that confirmed the sideways trend. An upward price rally was encountered, with […]
India is not Banning Cryptocurrency After all Despite Negative RBI Stance
There have been a lot of interesting cryptocurrency-related developments in India over the past few years. Primarily the confusion regarding the regulation of the industry or even potentially banning it has created a few interesting debates. It now seems there is no plan to ban Bitcoin and altcoins in the […]
From Silk Road Drug Lord to Potentially Dying in Prison
Drug dealers active on the darknet will get caught sooner or later. In the case of Hugh Brian Haney, his arrested occurred just a few days ago. It seems he was arrested for selling drugs on Silk Road, a platform which has been defunct for many years now. This goes […]
Recapping the First Three Years of MimbleWimble Development
It has been three years since the MimbleWimble concept was first introduced as a solution to scale Bitcoin. With the whitepaper now dating back three years, it is a good time to see how far the development of this project has come. There is still plenty of work to be […]
Bitcoin, Bitcoin Cash and Ethereum Price Prediction and Analysis for July 18th: BTC, BCH, and ETH
Bitcoin Price Analysis (BTC/USD) It seemed to be clear that yesterday U.S. governmental hearing of Facebook Libra widely affected the price of the top cryptocurrency. In an hourly chart, BTC/USD appears to have exhibited a bearish pressure. The downward movement was supported by the 21 day MA that was seen […]
Bitcoin Price Down Over 10%, Sinking farther away from $10,000
After a sideways market all through June, Bitcoin is not doing too hot this month. The past 48 hours have been brutal for the cryptocurrency as it dropped over 10% dipping below the $10,000 level. Why is the price falling? Will we see recovery anytime soon? Let’s dive deeper and […]
Bitcoin, EOS and Ripple’s XRP Price Prediction And Analysis For July 16th
Bitcoin Price Analysis (BTC/USD) Over the past 24hrs, the price of BTC/USD pair has exhibited a bullish outlook. The upward rally has been bolstered by the 7 day MA that was seen gravitating above the 21 day MA that indicated a bullish sign. BTC/USD pair began trading yesterday at $10204.62 […]
PayFast Removes Bitcoin Payments due to Inherent Technical Flaws and Shortcomings
These are very interesting times for Bitcoin, which evidently remains the world’s leading cryptocurrency. Despite a price revival of some sorts, it now appears yet another service provider is ending BTC support altogether. South Africa’s PayFast is the latest company to do so, as they experience major problems with Bitcoin’s […]
Bitcoin Price Watch: Trump Could Push Currency Further
At press time, bitcoin is trading for just shy of $10,900. While this is significantly lower than where it stood during our previous price article (almost $1,000 lower), its current price reflects something very important about the coin we’ll grown to respect and love. Bitcoin Takes a Hit from President […]
US Politicians Aim to bar Tech Companies From Mimicking Bitcoin
Issuing a digital currency or providing financial services is not a straightforward process in this day and age. Especially for tech companies in the US, this uphill battle will become a lot steeper moving forward. A new legislative proposal would bar major companies from exploring these two business models. This […]
Altcoins Hemorrhage Value as Bitcoin Dips in the Deep red
As this Sunday trucks along, it has become rather apparent the cryptocurrency markets are getting battered once again. Despite a rising Bitcoin Dominance Index, it is fairly obvious to see the prices are being pushed down in violent fashion all across the board. Not the trend traders are looking for, […]
The Curious Case of the 5bn USDT Misprint by Tether
It has been at least a full week since the latest debacle involving Tether and USDT got some attention. This long wait is now over, by the look of things, as the company successfully printed $5bn USDT in quick succession, prior to burning the majority of these tokens shortly after. […]
Bitcoin, Bitcoin Cash and EOS Price Prediction And Analysis For 11 July: BTC, BCH, and EOS
Bitcoin Price Analysis (BTC/USD) In the last 24hrs, BTC/USD pair exhibited a bearish outlook. BTC began the sell-off after a short-term period of consolidation that consolidated below $12864. The downtrend was supported by the 21 day MA that was seen gravitating above the 7 day MA that indicated a bearish […]
Altcoins Continue to Underperform Despite Bullish Bitcoin Conditions
It has been yet another interesting week for all of the cryptocurrency markets. Despite Bitcoin going in the right direction again, it is rather clear altcoins are not following this trend as of right now. In fact, it seems the divide between Bitcoin and “the rest” is only growing larger, […]
Bitcoin Price Watch: Bull Rally Is Likely to Continue
At press time, bitcoin is trading for about $11,872. While this is not quite as high as where bitcoin has traded over the past few weeks, it’s still in a stronger position when compared with our previous price analysis. Bitcoin Could Be Headed for Bigger Things Bitcoin has been relatively […]
3 Core Reasons why Facebook’s Libra Could Trump Bitcoin
The public perception of Facebook’s digital currency project remains all over the place. Despite a lot of initial excitement regarding Libra, it remains to be seen how well the project will fare when everything is said and done. While there may be some big hurdles ahead, there are a few […]
Should You Buy That New Car or Invest in Bitcoin?
One of the many questions young people ask themselves today is whether to buy a new car or invest in Bitcoin. There are plenty of reasons to defend either option, albeit it is rather evident one could potentially return value, whereas the other will only cost money. Depending on one’s […]