Iran Crypto Developers Launch Platform for Flood-victim Aid
When a massive natural disaster strikes in most countries, the global community takes notice, comes together and sends humanitarian aid, including financial donations. But sending aid to heavily sanctioned Iran isn’t so simple. After Iran suffered devastating floods this spring that left an estimated two million people in need of humanitarian assistance, the Iranian Red Crescent Society (IRCS) said […]
Bitcoin Expert Scams a Scammer, Donates the Money to Charity
Financial fraudsters often try to target the elderly or otherwise vulnerable — but one recently picked the worst possible target.Calgarian Ben Perrin runs an educational YouTube channel focused on teaching people about bitcoin and cryptocurrency, and is the marketing director for a bitcoin exchange. Working in the cryptocurrency industry means he’s been targeted by hopeful […]
Robinhood Plans Relaunch of High Yield Cash Account
Robinhood, a stock trading app popular with millennials, caused a stir last December by announcing a no-fee checking-and-savings account that offered a 3% yield. Days later, however, the company walked back the announcement after regulators criticized it for offering what amounted to a bank account without FDIC insurance—a backstop that protects consumers in the event […]
Grayscale Bitcoin Trust Announces Resumption of Private Placement
Grayscale Investments announced that the Trust will resume the private placement of its shares. The Trust private placement is offered on a periodic basis throughout the year and is now currently available to accredited investors for daily subscription. The Trust’s investment objective is for the value of its shares to reflect the price performance of Bitcoin […]
CEX.IO to Launch Dedicated US Presence
CEX.IO, a global cryptocurrency exchange with over 2.7 million registered users, has officially launched in the United States. In CEX.IO’s quest to become a licensed digital asset exchange, they have received Money Transmitter Licenses (“MTL”) in nine US states, including: Iowa, Kansas, New Mexico, Oklahoma, South Dakota, West Virginia, Maryland, Alaska and New Hampshire. Being […]
Bitcoin Criminals Set to Spend $1 Billion on Dark Web This Year
Bitcoin’s use in illegal online marketplaces peddling everything from drugs to child porn is on pace to set a record this year at more than $1 billion, according to a report by Chainalysis.While the proportion of Bitcoin transactions dedicated to illegal purchases is declining, about $515 million of the digital coin has already been spent […]
France Creates G7 Cryptocurrency Task Force as Facebook’s Libra Unsettles Governments
France is creating a G7 task force to study how central banks ensure cryptocurrencies like Facebook’s Libra are governed by regulations ranging from money-laundering laws to consumer-protection rules, France’s central bank governor said on Friday. Governor Francois Villeroy de Galhau said the task force would be led by Benoit Coeure, a European Central Bank board […]
Samsung SDS Expands Blockchain Business With Cloud-based Enterprise Platform
On June 18, Samsung SDS introduced customers’ common pain points in adopting blockchain and announced its blockchain business direction and the solution to the pain points. When companies apply blockchain technology to their business, they have concerns on △Converging services across various industries △Connecting different blockchain technologies △Easy application and expansion of blockchain in timely […]
CEO Twitter Jack Dorsey Answers Questions About Square’s Plans for Bitcoin
Square is a company best known for its disruptive card payment technology. Founded in 2009 by Twitter CEO Jack Dorsey, the company sells affordable mobile-based point-of-sale systems. But beyond the world of traditional fiat currencies, the firm is making cautious steps into the fast-paced world of cryptocurrency. Back in March, Dorsey tweeted that Square was […]
Here’s What Warren Buffet Misses About Bitcoin…
Billionaire investor and Berkshire Hathaway CEO, Warren Buffet, has once again offered his thoughts on Bitcoin (BTC). Appearing on CNBC earlier today, he stated that his position on the digital currency had not changed. However, the more Buffet offers in way of critique of Bitcoin, the more it appears that he cannot differentiate the fintech innovation […]
Blockchain Projects Change How We Do Business
Technology advancements usually come with new ways of doing things and with the emergence of blockchain technology tech savvy pioneers are harnessing its power and developing new projects that are capable of sorting out various issues plaguing a diverse range of industries without any hassle. While there are many noteworthy projects in the field, in […]
EETH Could Rally If $116 Support Holds
Recently, ETH price climbed above the $125 resistance made an attempt to break $128 against the US Dollar. However, the ETH/USD pair failed to gain strength above the $128 resistance and later declined. It moved below the $125 and $123 support levels. More importantly, there was a break below the $121 level and the 100 […]
GG World Lottery and the Excitement Surrounding It
Part of the hype around the GGCOIN is caused by the fact that the project managed to raise upwards of $5.5 million days after it started its STO. Unlike other projects, however, GG World Lottery has already managed to create its product. This means that the raised funds will be used to conveniently lay down […]
ETH Buyers Not Out of Woods Yet
After an increase in the bearish sentiment, ETH price dropped towards the $118 support against the US Dollar. The ETH/USD pair found a lot of buyers near the $117-118 zone, resulting in a decent upside correction. The price jumped sharply above the $120, $124 and $127 levels. Buyers were successful in piercing the 50% Fib […]
Bitcoin Price Analysis: BTC Resilient, Cryptopia Bares Crypto UnderBelly?
After five years of successfully protecting user funds, hackers got the best of Cryptopia. Although figures are yet to be confirmed, hackers were said to have moved $2.5 million worth of ETHs just hours before the exchange switched off, locking user funds. Even still, we cannot take anything from Cryptopia. As one of the many […]
Bitcoin Price Watch: Choppy Price Action Could Lead BTC Higher
Recently, we saw a major downward move below $3,800 in bitcoin price against the US Dollar. The BTC/USD pair even broke the $3,560 support and the $3,400 pivot level. A low was formed at $3,376 and later the price started a decent recovery. It broke the $3,400 and $3,500 resistance levels to move into a […]
Crypto Market Gains Traction: EOS, Tron (TRX), Bitcoin Cash, ADA Price Analysis
Bitcoin cash price found support near the $120 level and later started a decent recovery against the US Dollar. BCH/USD gained around 5% and broke the $130 resistance level. It seems like the price may continue to grind higher and it could test the $135 and $138 resistances. If there is a downside correction, the […]
Bitcoin Price Weekly Analysis: BTC’s Bullish and Bearish Scenarios Analyzed
Bitcoin price faced an increased selling pressure below $3,700 against the US Dollar. BTC/USD is aligned for the next break either bullish above $3,650 or bearish below $3,550. This past week, bitcoin price started a major downward move from the $4,037 swing high against the US Dollar. The BTC/USD pair declined heavily and broke the […]
Short-Term Correction Expected if Bitcoin Drops Below $3,500
Following a week of slow but steady gains Bitcoin fell off the digital cliff again yesterday with a flash crash that wiped out all progress made so far this year. Analysts are now looking at a short term correction if BTC can hold on to where it has currently fallen. In an epic dump that […]
CivicKey CEO on Bitcoin Price: “Good Chance We’re Going to Retest $3,000”
The co-founder of blockchain-based identity management platform CivicKey has weighed in about the current state of the cryptocurrency markets. Amongst other things, Vinny Lingham stated that he feels the Bitcoin price will retest the $3,000 level in the near future. The South American internet entrepreneur also explained how his own startup had managed to weather […]