Tag Archives: News

Digital rewards systems are not necessarily new, but they’re far from being the “norm,” and let’s face it. They can be rather hard to keep track of considering how many separate platforms exist. Institutional cryptocurrency trading platform Bakkt is looking to change all that.Bakkt Is Back and Looking to Revolutionize Digital RewardsBakkt first came to “prominence” in late 2019. Following a whole year of advertising, the trading platform experienced several delays in its release and was...

Crypto crime has been a relative constant in the digital space, and in San Francisco, a new digital currency embezzlement case has just made its way onto the roster of the U.S. Department of Justice (DOJ). The instigator this time around is a young man named Jerry Ji Guo, who has been ordered to spend half a year in jail and must pay more than $4 million to the customers he harmed financially.Guo Must Pay Penalties and Spend Time Behind BarsGuo has been found guilty of posing as a...

Bitcoin has incurred a nasty fall in recent days, dropping from $40,000+ earlier in the month to about $30,000 at press time. Thus, the currency has lost more than $10,000 since reaching its new all-time high, and many analysts – including Agustin Carstens of the Bank for International Settlements – believe that the world’s number one digital asset by market cap may be in a heap of trouble.Agustin Carstens: Bitcoin May Not Last Beyond a Certain PointIn a recent interview, Carstens went so far...

Bitcoin cash price declined after it failed to clear the $465 resistance against the US Dollar.The price even spiked below the $400 support and settled well below the 55 simple moving average (4-hours).There is a short-term rising channel forming with support near $390 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could recover above $420, but it might face a strong resistance near the $440 level.Bitcoin cash price is struggling to gain momentum above $400...

As we have witnessed in recent years, bitcoin is a rather popular asset, but it seems to be making quite a bit of headway amongst younger crowds, many of whom do not trust financial institutions or standard banks following the dangers of the Great Recession in 2008 and the dismal state of the global economy that occurred soon after.Bitcoin Appears to Be Attracting Younger InvestorsIt seems like many younger generations now view bitcoin and cryptocurrencies are far more trustworthy than...

At the time of writing, bitcoin has experienced a major hit. The currency – which during the early weeks of January reached a new all-time high of more than $40,000 per unit – is presently trading for just over $30,000. This is a slight improvement over where it stood during the early morning hours, but it’s still quite a dip considering where it was trading on or around January 8.Bitcoin Just Keeps FallingAs a result, many analysts are expressing worry that 2021 will exhibit the same bearish...

At the time of writing, bitcoin has come to a screeching halt. The world’s number one cryptocurrency by market cap has ultimately fallen to just over $30,000, which is about $2,000 less than what it was trading for around 24 hours ago and more than $10,000 less than the new $42,000 all-time high it managed to attain in early January.The Bitcoin Price Has Fallen, But It May Not Be Too BadHowever, according to one Tesla investor, things aren’t looking too bad for the asset. In fact, this...

EOS failed to clear the $3.000 resistance and declined below $2.800 against the US Dollar.The price is currently trading well below $2.800 and the 55 simple moving average (4-hours).There is a key declining channel forming with resistance near $2.650 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could start a strong rally if it clears the $2.650 and $2.800 resistance levels.EOS price is trading above a major support near $2.400 against the US Dollar, while...

Litecoin price started a fresh decline below the $135 and $130 support levels against the US Dollar.LTC price is trading just above the $120 support and it is well below the 55 simple moving average (4-hours).There was a break below a key bullish trend line with support near $136 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could correct higher, but it is likely to face many hurdles such as $135 and $140.Litecoin price is showing bearish signs below $135 against...

Crypto hacks are pretty darn prominent in the digital space, but sometimes, it’s not always the money itself that’s compromised. Sometimes, attackers go after customers’ personal data, as Buy U Coin is learning this week.Buy U Coin Customers Have Lost Control of Their DataThe India-based cryptocurrency exchange was allegedly the victim of a data breach that saw the personal information of several customers leaked online. The data released on the internet includes email addresses, names,...