Crypto news

Antivirus mogul John McAfee – who has repeatedly touted bitcoin, saying it will reach $1 million by the year 2020 – has a few harsh words for Libra.McAfee: Libra Is the Opposite of CryptoThe Facebook cryptocurrency appears to be getting on everybody’s nerves lately. Members of Congress have repeatedly taken aim at the project, saying that it could potentially open the door to money laundering and other malicious activity. They are also unclear as to how (or whether) Libra could potentially...

Libra just can’t seem to catch a break. Following months of haggling by U.S. lawmakers and European officials, a Romanian bank chief is adding his negative opinions to the mix, saying that Libra is “dangerous” and likely to do irreparable damage to the global financial infrastructure.Libra Is Getting Hit from All SidesDaniel Daianu, president of Romania’s Fiscal Council, says that if Libra ever does reach full potential, banks are likely to disintegrate overnight. He states:Cryptocurrencies...

CoinMarketCap launched a new tool to combat fake trading volumes. The firm aims to bring more clarity into the space, which has been tainted by manipulation. Different companies in the industry are making strides towards a market free of manipulation. The cryptocurrency market has been tainted by manipulation since its early beginnings. As a result, CoinMarketCap, the leading cryptocurrency data tracking services platform, has been making strides towards a market free of manipulation. The...

It seems Google has secretly gathered impressive volumes of patient records across 21 states on behalf of a health care provider. It is supposed to have been done via a project that is dubbed “Project Nightingale.”According to Wall Street Journal, nobody – both patients and doctors – were aware of this effort.As per WSJ the data that was collected in this program includes “lab results, doctor diagnoses and hospitalization records, among other categories, and amounts to complete health...

Ant Financial, a subsidiary of Chinese tech giant Alibaba Group, has finally reached the testing phase of its business blockchain. The fintech arm of the tech giant, which has been working on a blockchain network created to support small and medium-sized businesses, has commenced its blockchain testing.Blockchain Tech Soon to Go LiveA top official at Ant Financial, Jieli Li who is the senior director of technology and business innovation at the company, stated during the World Blockchain...

NEO has surged 100% over the past few weeks. The bullish sentiment behind this cryptocurrency rally seems to be related to China’s decision to embrace blockchain technology. One trader says NEO may have a bright forecast. NEO, one of China’s most prominent blockchain projects, has been on a roll since Chinese President Xi Jinping announced that his country would “take the leading position in the emerging field of blockchain.” Since then, this cryptocurrency skyrocketed nearly 100%, and now...

Bitcoin price predictions are running rampant throughout the space, and the latest is coming from Bobby Lee, the co-founder of Chinese bitcoin exchange BTCC.Lee: Bitcoin Is About to Go Up, Up, UpTo be clear, Lee is making a few predictions. His first could potentially give John McAfee a run for his money and says that bitcoin could be worth $1 million by 2028. However, he’s also offering something a little sooner to potentially put enthusiasts’ minds at ease. He says that bitcoin might reach...

We saw a busy week with events and attempts to influence the price. Bitcoin lost a key support level of $9,000 in a sudden move downwards which took its price to where it currently trades at around $8,700. However, the volatility continues and traders who’ve taken up leveraged positions might be in trouble as it’s quite difficult to keep up with the market.The month begins with a little enthusiasm and a quick correction which reminds us that the end of the year is approaching and there’s not...

BitcoinThe support at $9,000 failed and the price now hovers around the area at $8,600. The downward trend is something that a lot of analysts think will continue. The resistance around $8,900 is where the most recent breakout attempt came. It’s also important to consider the level the price could dip to if the 50MA is breached.EthereumAgainst the USD, the volume is increasing and support is around $180 on the 50MA line. If it’s breached, the next support can be expected at $170. Resistance...

Photo: RBCThe biggest Canadian bank, Royal Bank of Canada (RBC), might just possibly launch its own cryptocurrency trading platform. Media sources familiar with the situation said that RBC, that has more than $965 billion in total assets, has applied for four patents in Canada and the U.S. Those patents, according to the sources are showing the ways of how it could integrate cryptocurrencies into its operations.As per the patent: “To individual users, managing cryptographic keys and...