Stellar lumen price recovered nicely after a sharp decline and settled above $0.0620 against the US Dollar.XLM price is currently consolidating above $0.0650 and the 55 simple moving average (4-hours).There is a crucial breakout pattern forming with resistance near $0.0670 on the 4-hours chart (data feed via Kraken).The pair could start a fresh rally if it breaks the $0.0670 and $0.0680 resistance levels.Stellar lumen price is trading in a positive zone against the US Dollar and bitcoin. XLM...
Read More »Ripple Price Analysis: XRP Signaling Start of A Fresh Rally
Ripple price is likely forming a strong support above the $0.1735 level resistance against the US dollar.The price is slowly rising above $0.1750 and the 55 simple moving average (4-hours).There was a break above a crucial bearish trend line with resistance near $0.1760 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is showing signs of upside continuation above the $0.0178 and $0.0180 resistance levels.Ripple price is starting a decent increase from the $0.1692...
Read More »Bitcoin Ransomware Attacks Are Growing at an Alarming Rate
According to experts, bitcoin ransomware attacks occur for one reason and one reason only… Because hackers love bitcoin.Bitcoin Ransomware Attacks: Will They Ever Stop?Members of the cybersecurity industry – such as Jason Ingalls, the founder and CEO of Ingalls Information Security – claim that there’s been a serious spike in bitcoin ransomware attacks over the past few years, and it’s happening strictly because hackers are looking to obtain BTC in the quickest and easiest way possible....
Read More »Block Fi Has Seen Its Income Double in Two Months
Cryptocurrency appears to be garnering more and more attention as the coronavirus spreads. According to crypto lending platform Block Fi, the company’s monthly revenue has doubled since cases began to spike, suggesting that more people are beginning to see BTC and other forms of crypto as the ultimate way of hedging their wealth against inflation and other economic problems.Block Fi Is Heading for the TopHowever, in a blog post, the company suggests that the bitcoin halving that occurred at...
Read More »Man in Russia Won’t Get His Stolen BTC Back
Should anybody lose their bitcoin to hackers or have their coins stolen, the first thing they’ll want to do is get the police involved to help them in retaining their lost funds. However, when the country’s regulators are working against you, like they are in Russia, that can be extremely frustrating for those who are the victims of malicious actions.Russia Goes Against BTCA man in Russia who has had more than 100 bitcoin units stolen from him over two years ago has sought legal assistance in...
Read More »Can Crypto Payment Cards Become Mainstream?
Many people see the introduction of crypto payment cards as a viable method of bringing crypto to the mainstream world of retail sales, but there are several problems that the these cards will have to overcome if they are to ever be used on a regular basis by those looking to obtain both goods and services with digital funds.Crypto Payment Cards Must Be Improved UponCrypto payment cards are like credit or debit cards, only instead of being attached to a standard bank or financial institution,...
Read More »Is India About to Become a Major BTC Haven?
Crypto enthusiasts everywhere believe that bitcoin is about to explode in countries like India.India Is Heading for the TopRecently, the nation’s Supreme Court deemed bitcoin trading lawful and felt that the ban preventing banks and financial firms from doing business with or representing crypto ventures was unconstitutional. That ban has since been removed, and trading in India has jumped to new highs.As a result, many think the country that was once very anti-crypto is about to put digital...
Read More »BNB Coin Garners Its Own Twitter Emoji
Twitter and cryptocurrency have always been rather supportive of each other, especially considering CEO Jack Dorsey’s stance on bitcoin. Now, it looks like Binance Coin – the native currency of the popular cryptocurrency exchange Binance – is the third digital asset in the world to garner its own emoji hashtag.BNB Coin Gets Its Own EmojiThe first cryptocurrency to garner an emoji was bitcoin, of course. The second is Crypto.com currency CRO. Now that Binance Coin has joined the ranks, several...
Read More »John McAfee Unveils Ghost Coin to Mixed Reactions
Controversial anti-virus figure John McAfee is at it again. This time, he’s gone from inventing software to inventing a new kind of cryptocurrency he’s dubbed Ghost Coin, and already the currency seems to be garnering mainstream attention from companies like Disney.John McAfee Is Meandering Through the Crypto Space… AgainGhost Coin is a privacy-focused coin that went live in late June of this year. The currency is designed to give all users complete anonymity. Aside from the asset itself,...
Read More »UK Regulators Shutter Phony Crypto Exchange GPay
A high court in the United Kingdom has ordered the shutdown of an alleged cryptocurrency scam exchange known as GPay, which potentially robbed customers of more than $1.8 million in digital funds.GPay Is Closing Its DoorsThe court alleges that the company used fake celebrity endorsements to entice people to step aboard the crypto plane and invest their money. However, the exchange has now come forward to say it has “lost” all the money customers brought to the table and that it is being...
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