Crypto news

Funds sent to cryptocurrencies scams exploiting the COVID-19 pandemic have decreased since the start of March. Scammers are using mostly phishing and blackmail emails, but their efforts have not marked much success as of late.Crypto COVID-19 ScamsAside from the many positive features cryptocurrencies possess, they are also sometimes involved in suspicious and fraudulent activities. The sudden outbreak of the coronavirus attracted numerous scams where the perpetrators requested digital assets...

Over the last several years, the cryptocurrency arena has been very hit or miss when it comes to security. For companies like Moon Pay, the notion of keeping customers, as well as their cryptocurrency stashes and their data, safe as possible is one that has taken serious precedence with executives.Moon Pay Brings on the Best of the Best?The financial company has announced that it is bringing Nils Puhlmann – a cybersecurity expert – on board to serve as their new security advisor. The company...

According to Ross Ulbricht, best-known for creating and operating the darknet market website Silk Road, Bitcoin’s price is headed downward. Using the Elliot Wave Theory for his analysis, Ulbricht believes that there might be more pain ahead, taking the price significantly lower.More Pain For BitcoinIn a detailed blog post, Ross Ulbricht, the founder of the infamous Silk Road dark market, pointed out that Bitcoin’s price may be headed lower.According to the popular Elliot Wave Theory, the...

Gebäude Nr. 17 auf dem Microsoft Campus in Redmond, Washington Foto Public Domain (Gemeinfrei) via Pixabay Das Kryptomining ist ein aufwändiger Prozess, sowohl im Hinblick auf Kosten als auch auf Arbeitsaufwand. Potente Hardware und viel Strom werden benötigt. Bis jetzt haben sich professionelle Miner zu sogenannten Pools oder Farmen zusammengeschlossen und waren...

On our most recent BTC price analysis, following Friday’s plunge to the $6800 area, we mentioned that Bitcoin reached a decision point.Both the price encountered a substantial support area, together with the daily RSI indicator, which reached precisely the 50 level, which is said to be the distinction between a bear and a bull market, or in other words – a neutral market.Since Friday, Bitcoin was trading inside the tight range of $6800 – $6950 (despite a small glitch to $6750). It’s not a...

Financial technology company Revolut is ensuring that all seven million of its customers have access to cryptocurrency in the coming days. According to the company, cryptocurrency is a “safe haven” against inflation and other economic troubles.Revolut Vouches for CryptoThe question of cryptocurrency as a “safe haven” has been bouncing back and forth between the industry’s walls these last few weeks. Ever since the coronavirus took hold of the world, many are wondering how bitcoin and its...

It’s happened again, folks. Another bitcoin ransomware attack has occurred, only this time, it appears the victimized company – in this case foreign exchange venture Travelex – had no other choice but to pay what the hackers were asking for.The Latest Bitcoin Ransomware Attack in the BooksThe event took place in early 2020, and executives have allegedly paid the hackers as many as 285 bitcoins as a means of getting their network and respective data back. It’s a scary thought that something so...

The number of Bitcoin addresses containing more than 0.01 BTC has increased substantially in the past two months. The question remains if the reason behind it is the upcoming Halving in May, the economic uncertainty caused by the COVID-19 pandemic, or both.BTC Addresses Go UpThe popular cryptocurrency monitoring resource, Glassnode Insights, provided a chart regarding the number of Bitcoin addresses with at least 0.01 BTC in holdings (worth approximately $69 at the time of this...

Today is a strange day for bitcoin. The currency has fallen below the $7,000 mark yet again and has shed approximately $300 from its price in one day.Bitcoin Has Taken Another FallWhat the heck happened? The currency was doing so well as of late. It had recovered by quite a few thousand and was potentially moving back up the financial ladder, so why the sudden drop?Yesterday, Live Bitcoin News reported on the bitcoin cash halving that recently occurred in the middle of the week. The event was...

XRP saw a small 1% price increase today as the cryptocurrency rebounded from $0.182 to reach $0.19.It had previously dropped from resistance at $0.2 but found support at a rising trend line.Against Bitcoin, XRP broke above the 100-days EMA at 2750 SAT.Key Support & Resistance LevelsXRP/USD:Support: $0.182, $0.171, $0.16.Resistance:  $0.2, $0.215, $0.22.XRP/BTC:Support: 2750 SAT, 2710 SAT, 2680 SAT.Resistance: 2800 SAT, 2850 SAT, 2900 SAT.XRP/USD: Ripple Rebounds From Rising Trend LineXRP...