Tag Archives: News

Bitcoin is on the verge of hitting the $12,000 mark again. This would be the first time the currency has done so in about two months, with late August being the last time the price of the world’s number one cryptocurrency by market cap has come this close.Bitcoin Is Once Again Heading for the TopDuring that time, the asset rose as high as $12,400, though a historically bearish September would then set in and drag bitcoin down to the bottom of the financial ocean, taking its price all the way...

Larry Dean Harmon is a hired bitcoin mixer that is now in trouble for bitcoin mixing. In other words, he’s stuck facing a multi-million dollar fine because he did his job, though whether that job is legal is still widely open to question. As the owner of bitcoin mixers Helix and Coin Ninja, Harmon has been saddled with a $60 million penalty by the Financial Crimes Enforcement Network (FinCEN).Harmon Has Been Saddled With a Big PenaltyIn a statement, FinCEN claims:[Harmon] willfully violated...

Imagine running a charity program that accepts money for noble causes. Suddenly, a criminal or malicious actor shows up and decides he’s going to give some money he stole to you. You’d like to say yes because any amount helps what you’re working towards, but the fact is that this is stolen money, and your conscience could never be okay with taking it. In addition, you’re likely to get locked up in some legal issues down the line. What would you do? Unfortunately, for two charities, this is...

Tron price started a strong rally after forming a support base above $0.0250 against the US Dollar.TRX price rallied to $0.0300 before trimming almost all gains to test the 55 simple moving average (4-hours).There was a break above a key bearish trend line with resistance at $0.0258 on the 4-hours chart (data feed via Bitfinex).The pair is likely to start a fresh increase as long as it is above $0.0255 and $0.0250.TRON price surged towards $0.0300 and recently declined heavily against the US...

Bitcoin is back up again. At the time of writing, the price of the world’s number one cryptocurrency by market cap has surged more than $300, and it is now trading for just over $11,700, marking the highest it’s been in several weeks.Bitcoin May Be Facing Some Trouble SoonThe currency has been on a roll ever since October came about, and analysts are excited to see the currency make another attempt at gloriously reaching $12,000. While it’s still a few hundred dollars off the mark, things...

OKEx – one of the largest cryptocurrency exchanges in the world – has been trapped in some legal issues as of late.The Head of OKEx Has Been Taken Into CustodyJust last week, it was reported that the company had suspended all withdrawals, alleging that it had lost access to one of the private keys necessary for maintaining funds and keeping transaction records. However, it is now being alleged that the founder of the exchange was arrested and taken into custody, and that this is the real...

The trial of Alexander Vinnik – the man allegedly responsible for a ransomware system that stole more than $157 million – has begun in Paris.Vinnik Will Now Stand Before a JudgeThe story behind Vinnik and his capture is a strange one. Vinnik was initially part of a cryptocurrency exchange known as BTC-e, which at one point, was one of the world’s largest crypto trading companies.Throughout his time with the trading platform, he served as a technical programmer, though it is said that he...

ADA price is showing positive signs above the $0.1050 resistance against the US Dollar.The price is facing hurdles near $0.1110, but it is above the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.1070 on the 4-hours chart (data feed via Kraken).The price could either decline towards the $0.1025 support or it might continue to rise towards $0.1150.Cardano price is showing positive signs above the $0.1050 level against the US Dollar, similar...

Ethereum price started a fresh increase after it settled above the $360 zone against the US Dollar.ETH price is currently trading well above $372 and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $376 on the 4-hours chart (data feed from Coinbase).The pair is currently consolidating gains, but it is likely to start a fresh increase above $380.Ethereum price is showing positive signs above $372 and $376 against the US Dollar. It seems like...

Television host and crypto advocate Max Keiser believes that bitcoin may soon make its way up to the $28,000 mark.Max Keiser: BTC Will Reach a New HighIt’s hard to know whether we should be taking these outlandish propositions regarding the future of the bitcoin price seriously or not. For example, over the past few years we’ve heard big things from the likes of John McAfee and others that bitcoin would hit major pinnacles either this year or in the coming years, but very few of these...