Crypto news

An interesting graphic compiled by Deutsche Bank compares the early-stage evolution of the Internet and blockchain technology. It shows that the two have relatively similar difficult beginnings, but ultimately the former receives more mass adoption than the latter.Internet Vs. Blockchain Adoption RatesNowadays, it’s hard to imagine living a normal life without constant access to the world wide web. The Internet was one of the most disruptive and ingenious creations of the 20th...

After touching the significant 200-days moving average line at $9,060, Bitcoin quickly got rejected down to $8400. From there, the cryptocurrency had a three-day consolidation around $8600; however, after breaking it down, the bearish momentum had recorded $8200 as the weekly low.Coincidence? When looking at the following 4-hour chart, we can see that the past month’s price move is reflected on the marked ascending channel accurately, whereas the $8200 is the lower boundary of the...

Alexander Vinnik has been charged with money laundering and extortion by French authorities.Vinnik Will Spend More Time Behind BarsVinnik is believed to have laundered as much as $4 billion worth of bitcoin through a now defunct cryptocurrency exchange known as e-BTC. He was later arrested in 2017 while vacationing in Greece with his family per the requests of legislators in the United States. At that time, Vinnik was facing charges in both the U.S. and Russia.At 39 years of age, Vinnik has...

The World Economic Forum has announced it’s assembling a firm of experts from both the public and the private sectors to assist in developing cryptocurrency guidance and regulation.Cryptocurrency Is Getting Global SupportThe organization will be made up of central bankers, entrepreneurs, blockchain analysts and others who will seek to utilize their knowledge of cryptocurrency trading to establish lasting legislation.Interestingly, reactions to the news have been divided, with some claiming...

Analysts are warning bitcoin traders that volatility may strike this coming week.Is Bitcoin About to Drop Further?The weekend marks the Lunar New Year in China, and celebrations are likely to occur amongst the nation’s people. Typically, this marks a period of heavy bitcoin and cryptocurrency use amongst people returning home for the holiday, but this year is a little different.China has been marred by a coronavirus outbreak for the past several days. Allegedly passed on from snakes, the...

The CEO of altcoin project uPlexa revealed to CCN.com the obstacles posed by a greedy and corrupt cryptocurrency space. Centralized exchanges have become the banks of the cryptocurrency world. If you’re not partnered with the top 1%, it’s going to be a very long journey for your altcoin. Your favorite altcoin’s path to becoming the “next Bitcoin” is a lot more treacherous than you think. The CEO of uPlexa (UPX) told CCN.com about the financial and ethical minefield...

The Blockchain Association which represents some of the biggest names in the cryptocurrency industry announced the launch of a new Market Integrity Working Group. The group is tasked with the responsibility of ensuring fairness, equity and accountability in the crypto space. It will be co-chaired by senior executives of both the well-known blockchain firm Ripple and the Coinbase crypto exchange.The new group will be headed by Rachel Nelson, the senior director and associate general at...

In its bid to create a seamless, effective and transparent ticketing experience for its fans this season, professional UK-based cricket team Lancashire cricket team, has joined forces with blockchain ticketing service provider, TIXnGO on a new ticketing experience.Tapping Blockchain Technology for Transparency and EfficiencyAccording to a report by industry magazine TheTicketingBusiness, the tickets would be unique in so many ways.Apart from being traceable to the owner, a ticket is also...

The popular blockchain analytics company, ChainAnalysis, recently posted a review of how 2019 related to previous years in terms of cryptocurrency exchange hacks. The data reveals an increased number of attacks, but less stolen money compared to 2018.More Cryptocurrency Hacks In 2019The report informs that hackers attempted the most amount of attacks against cryptocurrency exchanges last year. Eleven such efforts were made in 2019, while for comparison, there were only six in 2018. As per...

Binance Coin has seen an impressive 27.5% price hike this month, bringing it up to $16.83Against BTC, BNB rebounded from support at 0.00179 BTC at the start of 2020 to climb to the current 0.002 BTC level.Binance Coin has dropped a small 5% this week after meeting resistance at the 100-days EMA and rolling over.Key Support & Resistance LevelsBNB/USDSupport:  $16.80, $16.00, $15.60, $15.28.Resistance:$17.30, $18.09, $18.50, $19.71.BNB/BTC:Support: 0.00198 BTC, 0.00195 BTC, 0.00191...