Tag Archives: News

Bitcoin cash price started a fresh decline from $585 against the US Dollar. The price is now trading below the $500 zone and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $500 the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must gain pace above $500 for a fresh increase in the near term. Bitcoin cash price is showing bearish signs below $500 against the US Dollar, similar to bitcoin....

Constitution DAO may have lost its bid on a piece of American history last month, but this has helped to launch the company into the digital spotlight. Its meme currency is now up by 900 percent, marking one of the largest surges to occur over the span of just a few weeks. Constitution DAO Is Still Accomplishing Something Big Coin Market Cap was one of the first sites to report on the data. The currency has been dubbed the “people token” given that it is offered to those...

It’s happened again, folks. Another crypto exchange hack is in the books. This time, the alleged victim is Bit Mart, which appears to have lost $150 million in digital currency funds at the time of writing, though some firms – such as Peck Shield, a blockchain analytics company – believe the company may have lost closer to $200 million. Bit Mart Has Been Compromised Peck Shield was the first entity to notice the breach. Analysts saw that around $100 million in crypto was...

The government of India has announced in a statement that despite submitting a bill to regulate crypto and recognize it as an asset class rather than ban it, it will not engage in any marketing or promotion of the cryptocurrency industry. India Is Not Looking to Market Crypto Not long ago, crypto investors in India got some good news when the country announced that its previous plans of banning all digital currencies were likely to become null and void. Rather,...

Litecoin price is facing resistance near the $180 zone against the US Dollar. LTC price is now trading below $180 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $180 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a fresh decline if it fails to stay above the $150 support. Litecoin price is consolidating below $180 against the US Dollar, similar to bitcoin. LTC price...

EOS price started a fresh decline from the $4.20 resistance against the US Dollar. The price is now trading below $3.80 and the 55 simple moving average (4-hours). There is a major contracting triangle forming with resistance near $3.75 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move down if it trades below the $3.30 support zone. EOS price is showing bearish signs below $4.00 against the US Dollar, similar to bitcoin....

Law enforcement agents in Ho Chi Minh City in Vietnam have arrested nearly 60 people involved in what may be the biggest online crypto-based gambling ring in history. Thus far, more than $3.8 billion in crypto-based transactions have occurred at the hands of the organization. Gambling Like This in Vietnam is a Big No-No… The operation occurred in a very hush hush way, with several gamblers involved registering their crypto wallets on a foreign platform known as Remitano...

Law enforcement in the U.S. has taken back roughly $2.3 million in crypto funds that have been garnered through ransomware attacks. According to legal documents, the crypto was being held by a Russian man named Aleksandr Sikerin, who is believed to be living in St. Petersburg. Ransomware Is Getting Bad Sikerin is slated to be part of a notorious hacking group known as REvil. The organization has cost businesses throughout the world millions of dollars in crypto funds,...

Bitcoin has endured a terrible plunge. The world’s number one digital currency by market cap – which was trading in the mid-$50,000 range over the past few days – has dropped dramatically and at the time of writing, is selling for just over $49,000, constituting a slip of approximately 17 percent. Bitcoin Has Crashed Again The drop occurred over a 24-hour period, spanning from around Friday morning to early Saturday. The currency has also caused other digital assets to...

Tron price started a recovery wave above $0.0880 against the US Dollar. TRX price is now trading below $0.1000 and near the 55 simple moving average (4-hours). There was a break above a short-term declining channel with resistance near $0.0845 on the 4-hours chart (data feed via Bitfinex). The pair could start a major increase if there is a clear break above the $0.1000 resistance. TRON price started a recovery wave from $0.0720 against the US Dollar, similar to bitcoin....