Coins

Bitcoin Price Analysis Jan 8: BTC Targets Fresh Yearly Highs

January 8th, 2019

Bitcoin price corrected lower after trading as high as $4,094 against the US Dollar. BTC/USD remains in an uptrend and it could soon break the $4,094 high and $4,180 resistance. Important Points: Bitcoin price is trading nicely above the $3,830 support and the 50 simple moving average (4-hours). BTC/USD is following a major ascending channel…

Expert Opinion: Can “Stocks on Blockchain” Reinvigorate the Falling Cryptocurrency Market?

January 8th, 2019

Tokenization, Bitcoin ETF, Bitcoin futures and security token offerings (STO) are the new keywords that investors are considering will lead the next bull wave in the cryptocurrency market. The debate was further fuelled by a newly launched digital trading platform DX.Exchange regulated by Nasdaq’s Financial Information Exchange (FIX) protocol and has raised the eyebrows of…

Breaking News: Cryptocurrency Mining Equipment Maker Canaan Inc. Considering U.S. IPO

January 8th, 2019

Canaan Inc., China’s second-biggest maker of Bitcoin mining hardware reported that it is considering listing in the U.S.Crypto mining industry. As reported by Bloomberg the company has chosen U.S. instead of Hong Kong for the IPO. Canaan picks up US markets after shelving plans for a Hong Kong IPO Canaan Inc., China’s second-biggest maker of…

Cryptocurrency Regulation battle Intense In Africa, Regulators Pin Down Suspicious Cryptocurrency Projects

January 8th, 2019

Cryptocurrency craze among African audience is at its peak but 2019 might see many African countries imposing cryptocurrency regulations. The latest report released on January 03, 2019 indicates the initiative of ‘Africa’s new regulatory working group’ created to find out the potentials of blockchain and cryptocurrencies within the nation. Regulators keen to impose cryptocurrency regulations…

Crypto Industry Still Dominated by Hodlers While Bitcoin Takes A Sudden Jump Of 6%

January 7th, 2019

“This analysis is an adaptation from the work of Mati Greenspan, Senior Market Analyst at eToro Key Highlights: The Twitter poll suggests industry still dominated by Hodlers Bitcoin jumps above USD 4000 with a sudden spike of 6% With USD 4000 scaled back, now all eyes move to USD 5000, the next best support Hodlers dominate…

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…