Key Highlights Ripple price started an upside recovery after trading as low as $0.9599 against the US dollar. There was a break above a short-term connecting bearish trend line at $1.0500 on the hourly chart of the XRP/USD pair (data source from SimpleFx). The pair seems to be struggling to recover above $1.0880 and is moving lower once again. Ripple price is recovering against the US Dollar and Bitcoin. However, XRP/USD seems to be struggling to gain momentum and it Read more …
Poloniex, also known as Polo, has been based out of Delaware, United States, since 2014. It’s a well-known name in the industry, and it consistently boasts the highest trading volumes for altcoins. Users who want an unparalleled selection of altcoin trading pairs will enjoy Poloniex. The exchange’s setup suits more experienced cryptocurrency traders—it isn’t the place to make your first Bitcoin purchase. If you’re looking to use fiat currencies to purchase cryptocurrencies, then you’ll need to invest in another platform Read more …
After January 30 rapid slide, alt coin sellers should be a little bit disappointed because there was a general slowdown across most alt coin under our radar. IOTA, LTC and NEO couldn’t muster a close below yesterday’s lows and what we are waiting for is perhaps a confirmation of January 30 depreciation. Bear break-out levels will act as our resistance and should NEO close below the middle BB in the daily chart, then sellers are likely to cruise. Let’s dissect Read more …
The relatively high transaction fees on the Bitcoin network were a major topic of conversation last year, but these fees have been plummeting so far in 2018. According to data from CoinMetrics, bitcoin miners are now collecting less than a third of the value they were collecting in fees at one point in December 2017.So what’s causing this decline in the costs of on-chain transactions? Is it as simple as declining demand leading to a lower price? Are there other Read more …
Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The Korea Customs Service (KCS) has revealed an investigation into illicit Forex trading practices, and uncovered $600 million (637.5 billion won) worth cryptocurrencies that were exchanged illegally in South Korea. The statement further disclosed four instances of illegal tradings. In the first case, money was transferred from Japan to an unknown country whereby 53.7 billion won were sent to another person/entity using cryptocurrencies. In the second case, funds Read more …
When life gives you lemons to the tune of nearly $160 million, it’s not so easy to make lemonade. But that’s just what ethereum startup Parity Technologies is seeking to do after a rough 2017, a year in which it suffered one of the most high-profile breaches in the history of blockchain. Far from a sinister hack, though, it’s had to face that its fortunes effectively changed when a novice developer “accidentally” deleted a file, “freezing” the funds so no Read more …
Key Highlights ETH price recovered well from the $1,009 low and is currently trading above $1,110 against the US Dollar. Yesterday’s highlighted major bearish trend line with resistance at $1,090 was broken on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is currently showing a lot of positive signs and it could continue to move above $1,140. Ethereum price is showing a lot of positive signs against the US Dollar and Bitcoin. ETH/USD is trading above $1,110 Read more …
Taxes A publicly traded Canadian crypto miner has just made a $8 million bet that all bitcoin users around the world will eventually be compelled to report their transactions to the taxman, and that they will help handling this oftentimes complex process. Also Read: Vegetables on a Blockchain ICO Exit Scams After Paying People to Write On Their Bodies Bitcoin ‘Turbo Tax’ Canadian cryptocurrency mining company Hashchain Technology Inc. (TSXV: KASH) has announced that it reached a Read more …
Key Points Bitcoin cash price started a minor upside correction after trading as low as $1,390 against the US Dollar. Yesterday’s highlighted a new bearish trend line with current resistance at $1,520 is active on the hourly chart of BCH/USD (data feed from SimpleFX). The pair is currently trading in a range above the $1,450 level, but is facing hurdles near $1,520-1,540. Bitcoin cash price fell sharply recently against the US Dollar. BCH/USD is currently recovering and is consolidating above Read more …
Bitcoin Price Key Highlights Bitcoin price recently broke below its symmetrical triangle pattern an hit a low of $9,763.20. Price seems to be finding some support from here, so a pullback opportunity may be underway. Applying the Fib tool on the breakout move shows the potential resistance levels. Bitcoin price made a bearish breakout from a consolidation pattern, but a correction seems imminent to the nearby Fib levels. Technical Indicators Signals The 100 SMA is crossing below the longer-term 200 Read more …
FOMO Moments Yesterday was undoubtedly one of the worst for crypto markets for a long time. Over 20% fell off the total market capacity in one day alone, a crash only eclipsed by the January 15-17 selloff which resulted in a 40% market decline. As usual one altcoin shines above the rest during today’s Asian trading session and that accolade goes to Lisk. LSK had been trading sideways at around $22 for the past week or so. It is one Read more …
Global shipping giant FedEx has begun efforts to integrate blockchain-based platforms into its daily operations by joining the Blockchain in Transport Alliance (BiTA) Freightwaves, a cargo shipping news organization, reported that FedEx had begun developing a set of industry standards for blockchain usage as part of the BiTA. The company, which joined the organization as a founding member, has already begun testing some blockchain platforms. FedEx, which is part of BiTA’s standards board, launched a pilot program using blockchain to store Read more …