Bitcoin scams appear to be everywhere these days, but nowhere are they more prominent than in Australia, as of late.Australia Hosts Too Many of These SchemesThat’s right… The land from down under appears to be one of the biggest crypto scam havens on planet Earth. Among the latest scam cases involves a young woman named Kate – an alias, as the person being interviewed wanted to remain anonymous – who invested as much as $4,000 into a bitcoin investment scheme based out of Kiev in the...
Read More »BTCU – the Fastest and Complete Bitcoin?
BTCU blockchain enables smart contracts to facilitate decentralized applications and all crypto transactions across a peer-to-peer network.Headed by Nikolai Udianskyi, the software developers team of Coinsbit crypto exchange will work on introducing a new Bitcoin fork, identified as “Bitcoin Ultimatum (BTCU)”.The crypto developers team assumes a critical mission of building the BTCU consensus network and developing new innovative technologies, that aim to fix the major challenges facing the...
Read More »Bitcoin Hashrate Hits New All-Time-High As Miners Remain Bullish
Bitcoin’s hash rate just hit another new all-time high of 136 EH/s, an indication that miners are not backing out despite the recent selling pressure which led to a slump in the price of BTC last week.Miners Are Bullish On BitcoinData on Blockchain.com suggests that Bitcoin’s hash rate has been increasing steadily since the start of 2019. And now the network is processing as much as 136 quintillion hashes per second, which is about 25 quintillion increase since the last ATH in December last...
Read More »Bithumb Futures Announced First Bitcoin Perpetual Contract (BTC/USDT) With Up To 100x Leverage
Place/Date: - March 2nd, 2020 at 4:33 pm UTC · 1 min read Source: Bithumb Futures Photo: Bithumb FuturesBithumb Futures, a global digital asset derivatives trading platform, has announced a Bitcoin Perpetual Contract (BTC/USDT) with up to 100x leverage as an introductory product for its inaugural launch. Backed by leading industry players, Bithumb Futures has recently completed an initial round of fundraising and is positioned as a strong entrant to the expanding crypto derivatives...
Read More »Stellar Lumen (XLM) Price Could Recover But $0.06 Holds Key
Stellar lumen price declined heavily and it broke the key $0.0630 support area against the US Dollar.XLM price is currently testing the $0.0550 support and it could recover in the short term.There is a major bearish trend line forming with resistance near $0.0595 on the 4-hours chart (data feed via Kraken).The pair must climb above $0.0595 and $0.0600 to start a strong recovery in the near term.Stellar lumen price is now trading in a bearish zone against the US Dollar and bitcoin. XLM price...
Read More »Chainlink Price Analysis: LINK Readying A New Rally As Price Breaks Above $4
Chainlink saw a lot of buying pressure over the past five days following a nice recovery from the critical support level.The LINK/USD pair is attempting to break out from a symmetrical triangle with a bullish head-and-shoulder pattern.A new bullish swing may start at 0.00045BTC level if buyers show strong commitment.LINK/USD: Chainlink Looking For Break Confirmation To Start New Bullish RallyKey Resistance Levels: $4.4, $4.8Key Support Levels: $3.8, $3.3LINK/USD. Source: TradingViewFollowing...
Read More »Coronavirus Vaccine: 5 BioTech Stocks to Buy as a Hedge against COVID-19 Threat
As major biotech companies try to create a proper coronavirus vaccine, the following stocks just might be strong enough to hedge against the current financial plunge.The coronavirus epidemic isn’t letting down as many people hope it would. Instead, the number of confirmed cases as well as the mortality rate, are on a steady rise. The number of countries affected by the virus is also increasing steadily with many more countries confirming new cases of infection. The situation is worrisome to...
Read More »Social Media Evolving Through Tokenization
Uhive, a new upcoming social media company, allows users to connect and share content with their family and friends publicly or anonymously to create its own cryptocurrency.Blockchain technology and cryptocurrency at large have been huge game-changers for the global economy over the past ten years. Social media companies have not been ignoring this, and many have adopted tokenization to move forward their main agenda, gain popularity, increase their customer base, and also monetize their...
Read More »INCIBE Awards HASHWallet as Most Innovative Project in Spanish Ciberemprende Contest
HASHWallet focuses on a secure device that allows users to authenticate or sign any transaction without any risk of fraud or impersonation, at any time, from anywhere and in a simple way.Recently, the National Cybersecurity Institute (INCIBE) has awarded the prizes to the three winning start-ups of the ideas and entrepreneurship contest Ciberemprende. Within the framework of the ‘Tech Spirit’ event in Barcelona, the Demo Day was celebrated, the final day of the incubation program that took...
Read More »Chinese Stocks Plunged in February on Account of Coronavirus, Markets Bounce Back
On account of the coronavirus outbreak, China’s manufacturing output has plunged to record lows in February as several factories were shut down. Central banks across the globe are willing to take corrective measures to ensure financial stability.The Chinese economic outlook is turning from bad to worse over the rising number of infected coronavirus cases, the Chinese stocks fell drastically. Last month, the Chinese government asked all companies and manufacturing units to shut down their...
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