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Bitcoin (BTC)

A Major Crypto Scam in South Africa? Two Brothers and 69,000 BTC Have Vanished Together

The cryptocurrency investment company in Cape Town, South Africa – Africrypt – allegedly stole nearly 70,000 bitcoins. The two brothers Ameer and Raees Cajee, who are the founders of the firm, have disappeared. The Biggest Crypto Scam in South Africa Bloomberg reported that the customers of the South African trading venue – Africrypt – became victims of a major bitcoin scam, in which 69,000 coins mysteriously vanished. With today’s prices, this substantial amount is worth...

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EOS Price Analysis: Key Breakout Zone Forming Near $4

EOS seems to be forming a decent support base above the $2.00 level against the US Dollar. The price is still trading well below $4.00 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $4.00 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to remain in a bearish zone unless there is a clear break above $4.00 and $4.20. EOS price is struggling to recover above $3.80 against the...

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Litecoin (LTC) Price Analysis: Bulls Facing Uphill Task Near $140

Litecoin price started an upside correction from the $105 support against the US Dollar. LTC price is still trading well below $140 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $140 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair must clear $135 and $140 to start a fresh increase in the near term. Litecoin price is struggling to gain pace above $130 against the US Dollar, unlike...

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Kraken CEO and Elon Musk Duke It Out on Social Media

Elon Musk – the South African entrepreneur behind billion-dollar companies such as Tesla and SpaceX – and Jesse Powell – the CEO of popular cryptocurrency exchange Kraken – are duking it out on Twitter, and the bitcoin price is taking it hard. Elon Musk and Jesse Powell Go Head to Head The fight began when Powell called out Musk over recent comments regarding the bitcoin mining process. Elon Musk had originally stated a few months ago that he would permit bitcoin...

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What is Going on with Garlicoin?

Garlicoin has a max supply of 69 million GRLC and no inflation. All the coins are unlocked by miners, and the rewards are halved every 690,000 blocks.From a cryptocurrency valued under 1 penny, Garlicoin is running toward 1 dollar and more, and almost nobody knows where it came from. At least not yet.Believe it or not, Garlicoin is a memecoin started in 2018. It is as much of a memecoin as Dogecoin is. A community of Reddit users thought it would be funny to create a cryptocurrency inspired...

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Mark Cuban Loses Money on New Stable Coin Project

Mark Cuban seems to have been a crypto fan for some time. Recently, he praised both bitcoin and Ethereum and claims to hold a substantial amount of both. However, one of the more recent coins to receive backing by the billionaire investor has tanked big time, and as a result, Cuban is stepping in and calling for clearer regulation regarding stable currencies. Mark Cuban Has Taken a Crypto Hit At press time, it is unknown which stable currency garnered Cuban’s attention,...

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Adam Traidman Suggests Dollar-Cost Averaging for BTC Investors

Bitcoin has been hit hard over the past two months. Despite trading at a new all-time high of roughly $64,000 per unit in mid-April, the currency has tanked and is currently trading for around $35,000, knocking nearly $30K off its price from two months ago. For some investors, however, the present circumstances are no big deal, and they are continuing to see their bitcoin earnings grow. One of these investors is Adam Traidman, the CEO and co-founder of the popular crypto...

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La fin du mining de bitcoin en Chine ?

« Ces derniers jours, la Chine a intensifié sa stratégie anti-bitcoin et anti-crypto. Alors que depuis des semaines le bitcoin était en difficulté, peinant à dépasser son seuil technique des 40.000$, les mauvaises nouvelles s’enchaînent encore. La Chine va au bout de son idée et chasse poliment les mineurs de Chine. Ces derniers ont jusqu’au 25 juin pour stopper leur activité de mining bitcoin. » Réalisation : Richard Détente pour Grand Angle Crypto

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Tron (TRX) Price Analysis: Bulls Could Face Resistance Near $0.06

Tron price traded below the $0.0500 zone before it started a decent recovery against the US Dollar. TRX price is now trading well below $0.0600 and the 55 simple moving average (4-hours). There is a connecting bearish trend line forming with resistance near $0.0580 on the 4-hours chart (data feed via Bitfinex). The pair could start a major recovery if there is a clear break above $0.0580 and $0.0600. TRON price is slowly recovering above $0.0500 against the US Dollar,...

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Bitcoin Price Analysis: BTC Eyes Strong Recovery Above $34K

Bitcoin price extended its decline below the $30,000 support and tested $28,800 against the US Dollar. The price is now trading below the $35,000 zone and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $34,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair must clear the trend line and $34,500 to move into a positive zone in the near term. Bitcoin price is recovering higher above...

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