Crypto news

The US Securities and Exchange Commission (SEC) has filed fraud charges against the popular cryptocurrency proponent and well-known tech entrepreneur, John McAfee.According to the documents, McAfee has taken advantage of his massive Twitter following and has “leveraged his fame to make more than $23.1million in undisclosed compensation by recommending at least seven initial coin offerings (ICOs).”The charges outline that the entrepreneur has failed to disclose that he was being paid to...

The combined stablecoin market recently topped a valuation figure of $20 billion. Apparently, this was the total market value of all cryptocurrencies in the pre-bull run month of February 2017. Also, stablecoins together are contributing to $26 billion worth of trading volume.The Crypto Stablecoin Market Is BoomingAs per the latest statistics, the total market cap of all stablecoins in circulation has topped $20 billion. This, as per crypto Twitter commentator, Dan Romero, was the value of...

According to the latest charts and insights from crypto experts and analysts, the fourth quarter of this year is going to be rather kind to bitcoin.Will These Final Months Be Good for Bitcoin?In the past, the fourth quarter is always a major determiner of how bitcoin’s price trends will be in future months. In 2016, we saw bitcoin reach the $1,000 range for the first time in approximately three years. Not since 2013 had bitcoin managed to hit such a goal. This set the stage up for the...

Since bitcoin first emerged on the scene, many have argued that the process of mining bitcoin and other cryptocurrencies has caused the environment a lot of trouble. Many claim that the mining process requires far too much electricity, and that the energy being wasted on such frivolous operations is contributing to climate change and other environmental hazards.Does Bitcoin Mining Use a Lot of Energy? Well, It’s Complicated…In the past, many studies have been produced on this. It is often...

XRP/USD – Bulls Finally Break 100-days EMA ResistanceKey Support Levels: $0.243, $0.237, $0.228.Key Resistance Levels: $0.251, $0.26, $0.271.XRP found support at the $0.23 level at the start of October. It rebounded from this support yesterday to finally push higher above the resistance at the 100-days EMA – a level which the coin struggled with throughout last week.After breaking the 100-days EMA, XRP climbed into the resistance at $0.251 – provided by a bearish .382 Fib Retracement. The...

Cryptocurrency investors have withdrawn approximately 45,000 bitcoins from the derivatives exchange BitMEX following the recent charges brought by the US CFTC. A sizeable portion of the massive amount has ended up on two rival exchanges – Gemini and Binance.CFTC Charges Against BitMEX OwnersAs CryptoPotato reported last week, the US Commodities and Futures Trading Commission pressed charges against the owners of the popular derivatives exchange BitMEX. The CFTC charged Arthur Hayes, Ben Delo,...

Support for Ethereum 2.0 is growing rapidly. In a significant milestone, Eth2’s Medalla test net has expanded to more than 75GB in size. Along with this, the number of staked test ETH on the test net has crossed well above 2 million.Ethereum 2.0 Testnet Size Tops 75 GBAs per the latest reports, two months after the launch of Medalla, every node in the Eth2 test net is already holding more than 75 GB worth of data. It’s predecessor, the parent Ethereum blockchain, has a size of more than 452...

The central bank of Thailand has leveraged blockchain technology running on IBM Cloud to launch the world’s first DLT-based platform for government savings bonds.Within the first two weeks of operations, the blockchain-based platform has issued a total of $1.6 billion of such bonds. The announcement from the International Business Machines (IBM) Corporation reads that the platform enables investors to “benefit from speedy bond issuance, reducing a process that previously took 15 days to two...

October 15th is approaching, and that’s the latest deadline for submitting a rehabilitation plan for reimbursing the Mt. Gox creditors. With them claiming over 150,000 bitcoins, which is about 15% of the total value owed to creditors, the community speculates on the potential market impact.October 15th: What You Need to KnowThe Mt. Gox case has been going on for years, and it’s arguably one of the biggest, if not the biggest hacks against a cryptocurrency exchange.In a document released on...

Stellar lumen price seems to be forming a support base above $0.0700 against the US Dollar.XLM price is currently facing hurdles near $0.0750 and the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $0.0750 on the 4-hours chart (data feed via Kraken).The pair could accelerate higher once it clears the $0.0750 and $0.0760 resistance levels.Stellar lumen price is showing recovery signs above $0.0700 against the US Dollar, similar to bitcoin....