Tag Archives: News

Bitcoin price is under a lot of selling pressure below $7,500 and $7,600 against the US Dollar.The price is likely to tumble if it breaks the $7,200 and $7,030 support levels.There is a crucial contracting triangle forming with resistance near $7,430 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is currently struggling to stay above $7,200 and the contracting triangle support area.Bitcoin price is trading with a bearish bias below $7,500 against the US Dollar....

The experts found an easy way of extracting the SEED mnemonic keyphrase. They require physical access to the wallet, for no more than 15 minutes. The attack uses voltage glitching to record a SEED phrase, using special hardware. This can be successful if performed by a well-prepared person. Some estimations even claim anyone can create such a glitching recording device for $75.Using such machines, hackers can not only intercept your encrypted SEED from a KeepKey. They can also decrypt it,...

Another gold-backed cryptocurrency is making its way onto the trading market. This time, the issuing company is Aurus, a digital currency startup that says it’s looking to “bridge the gap” between gold and crypto owners.Aurus: The Latest Gold Stablecoin MasterGold is widely considered a stable asset. Much like USD or other forms of fiat, gold is not known to go down in price or value during times of financial or economic strife. Thus, this new token – being that it’s backed by gold – would be...

India is once again talking about banning crypto.Hey, India: Make Up Your Mind!It’s a situation India has been in before. Prior to this big argument, the country initiated a ban on banks doing business with cryptocurrency and blockchain ventures. Thus, these companies did not have any financial authorities to oversee their transactions.While the ban was relatively limited in scope, many news and media outlets misreported this as India was implementing a full ban, and likely bitcoin and crypto...

One source is saying that the reason for bitcoin’s recent nosedive has to do with the idea that interest in China is starting to wan.China: The Land of Bitcoin’s Life… and Death?China is arguably the biggest bitcoin haven in the world. Home to two of the world’s largest crypto miners in Canaan Creative and Bitmain, the country has become rather “kind” and open-minded when it comes to digital currency despite several steps to seemingly shut them out before. Among the maneuvers taken to prevent...

The Matic token was rising steadily during a two weeks long period and people were buying it without thinking of the possible massive price drop. However, as Coinspeaker has already reported, it happened. The project seemed successful from the start, and the investors who bought large amounts must be shocked right now. As their investments vanished and the Matic’s official response is kind of shady.Crypto. The stuff of dreams and nightmares. $MATIC was up 180% in two weeks before crashing 70%...

Saga Monetary Technologies announced on Tuesday it decided to launch its SGA stablecoin that is pegged to a basket of currencies. The Saga Foundation said it was planning it since the last year to become a long term playing asset. However, it is meant to tailor to pretty much different goals of the crypto space.One is acting as a stablecoin as it is and another, to act as a free-float asset. Ido Sadeh Man, founder and chairman at the organization said the main idea behind the whole project...

Google’s parent company Alphabet, has announced that it has added Nobel laureate Frances Arnold to its board of directors. Arnold who received 2018’s Nobel Prize in Chemistry, is now the third woman on the tech giant’s board.In a tweet posted yesterday by Alphabet CEO Sundar Pichai, Arnold will be bringing her “incredible academic and industry expertise with a career spanning chemistry, engineering, renewable energy and more,” to the company.I’m thrilled to welcome @francesarnold to the...

Now we know that Morgan Stanley is one of the financial behemoths that we don’t want to mess with when they give an opinion. So many pundits in the aviation sector paid close attention when Morgan Stanley gave indications that Virgin Galactic’s stocks will soar after it gave the stock of the aviation upstart higher ratings than many pundits thought necessary. The investment behemoth’s analyst Adam Jonas explained this position:“A viable space tourism business is what you pay for today… but a...

Steemit was launched in July 2016 and can become a good additional network for Tron‘s business model.According to the Mars Finance Weibo channel, Justin Sun said that his company had received two new companies during a series of acquisitions. Later, the secret source in TRON told Mars Finance that the plans to unite with Steemit are true. More than that, a Chinese news website Huoxing24 reported the same information, however, the article is gone from their website at the time of...