Coins

HitBTC Surrounded By Controversies As Exchanges Halts Withdrawals and Imposes Weird KYC Procedures

January 7th, 2019

Hyped to be one of the world’s most advanced crypto exchange, HitBTC is gaining attention for all the wrong reasons since the start of 2019. A lot of news flow that has surfaced in the last few days have attached the exchange’s name with controversies, including those of scams and insolvency. Not a good start…

Japan’s FSA Gauging Industry Interest Towards Bitcoin ETF Ignores Crypto Futures

January 7th, 2019

In the chaos of approving Bitcoin ETF across crypto space by US regulators, Bloomberg reported that Japan’s Financial Services Agency (FSA) is quite optimistic to approve the proposal. Japan Explores Crypto ETFs An anonymous person in connection to the matter said that regulators in Japan at the moment are considering to step up with ETF…

Bitcoin Price Analysis Jan 7: BTC Could Dip and Rip Above $4,100

January 7th, 2019

Bitcoin price traded above the crucial $3,880 resistance against the US Dollar. BTC/USD could dip a few points, but the same resistance near $3,880 might now act as a buy zone. Important Points: Bitcoin price gained traction and broke a major resistance near $3,880. BTC is following a significant bullish trend line with support at…

Hong Kong – Bitcoin Billionaire Wong Ching-kit Denies Investor’s Claim of Losing HK$3M

January 7th, 2019

‘When they make money, there is no thank you. When they lose money, they call it a scam‘; this was the latest response by the Bitcoin billionaire and a promoter Wong Ching-kit who sells bitcoin mining machines. He was recently arrested by the police following various complaints by the general public and behaving in riotous…

News Flash: Is Ethereum Classic [ETC] blockchain Under 51% Attack? Several blocks Reportedly Go Under Reorg

January 7th, 2019

The news or the ‘unconfirmed rumors’ that Ethereum Classic is undergoing chain reorganization and was under double spend attack seems to be coming true. This was first reported by the security firm SlowMist and, over the last couple of hours, the blockchain has undergone several block reorganizations as reported by Ethereum Classic explorer BlockScout. Ethereum…

Coinfloor’s CoinFLEX Physical Bitcoin Futures Likely to Compete NYSE’s Bakkt

January 7th, 2019

Back in March 2018, Coinfloor Exchange, one of the famous British cryptocurrency exchange had launched the ‘physically delivered cryptocurrency future exchange’ called CoinfloorEx. However, the recent report indicates that the firm is reforming the name of newly launched exchange from CoinfloorEx to CoinFLEX (Coin Futures and Lending Exchange). CoinFLEX backed by Industry Leaders The new…

Week In Review: Cryptocurrency Price Analysis for the week December 31 to January 6, 2019

January 7th, 2019

DX Exchange plans to tokenize financial markets DX Exchange of Estonia, this week announced, that it will soon launch the tokenized versions of some of America’s biggest companies in European markets. The exchange runs on the Ethereum blockchain with tokens backed by the actual equity shares of leading companies in America that will be traded…

Sentimental Analysis for Cryptocurrencies- January 06

January 6th, 2019

Cryptocurrencies are in a very difficult territory where no fundamental or technical indicators are actually affecting the prices but the sentiments of the community. Every news article or a social mention is driving the trend and direction of where the prices are heading to. Majority of this drive is from the sentiments of Bitcoin- the…

Positive Sentiment Builds In For Bitcoin and Cryptocurrencies At The Advent Of 2019

January 6th, 2019

2018 was a terrible year for Bitcoin and cryptocurrencies as most of the coins recorded over an 80 percent fall. But with the start of 2019, the sentiments around the analyst and investors’ community is somewhat showing a positivity as a lot of investors believe 2019 will be the year for Bitcoin and cryptos. Cryptocurrency…

Demand for Bitcoin ATM Rises, First Week of 2019 Sees Addition of 34 ATM’s Taking Total to 4155

January 5th, 2019

Over last one year, various key metrics were used which demonstrate that adoption of bitcoin has increased and bitcoin fundamentals are getting stronger. Installation of Bitcoin ATMs is also on the rise and according to data provided by Coin ATM Radar, the number of installations over the past few months has increased significantly. Over 6…