Key Highlights Ripple price failed to move above $0.9100 and declined sharply against the US dollar. There was a break below yesterday’s highlighted major bullish trend line with support at $0.8450 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair may correct higher, but it will most likely face sellers near the $0.8280 level. Ripple price made a downside move against the US Dollar and Bitcoin. XRP/USD moved into a short-term bearish zone with resistance Read more …
Scientist.com, an online marketplace for outsourced research, has launched a blockchain-based data verification platform, the company announced on Monday. Dubbed DataSmart, the platform will allow biotechnology and pharmaceutical companies to demonstrate the veracity of electronically submitted research data to regulators – specifically that which companies obtain during the preclinical and clinical stages of drug development. “In biopharma research we need blockchain technology to verify and validate the supply chain and to ensure the integrity of research data,” Chris Petersen, Scientist.com’s Read more …
Morgan Stanley is gearing up to make their move into crypto, hoping to beat the Wall Street pack and leave long time rival Goldman Sachs behind according to insiders. Morgan Stanley Accelerates Move into the Crypto Market According to an interview with an unnamed insider at Morgan Stanley that has been reprinted by SludgeFeed, Morgan Stanley is moving quickly to add cryptocurrency to their trading products. Their goal is to create a specific desk for institutional traders, ICOs, and arbitrage, Read more …
The Bitcoin.org website admins have reverted to the original 2010 website front page. This decision comes after months of controversy that the pull request on the website’s GitHub repository. The change now reflects the original description that includes “fast peer-to-peer” transactions and “fraud protection.” Bitcoin.org: How it all Began The story of the controversial decision to change the description on the website began in December 2017. Bitcoin was experiencing a spike in usage which led to high transaction fees. Many Read more …
Key Highlights ETH price declined sharply and broke a major support at $680 against the US Dollar. There was a break below a key bullish trend line with support at $678 on the hourly chart of ETH/USD (data feed via Kraken). The pair declined sharply and then recovered, which looks like a false break below $650. Ethereum price struggled to gain momentum against the US Dollar and Bitcoin. ETH/USD tumbled below $650, but it looks like a false downside break. Read more …
Last updated on April 29th, 2018 at 08:37 pm What you will learn in this video What are some of the best ways to earn Bitcoin today? On the other hand, what methods should you avoid completely? What is the effort, profitability and risk level for each method Resource section for this how to make money with Bitcoin A guide to starting your own Bitcoin faucet BitcoinTalk Signature campaigns Bitcoin trading guide for beginners My Dirty Little Bitcoin Secrets eBook Read more …
The crypto community is bracing for a real revolution – leading cryptocurrencies may abandon the Proof-of-Work (PoW) algorithm. The reason is the far-reaching game of mining giant Bitmain, which is building up its monopoly on the market by stamping out new ASICs for top coins. This concerns not only the users who prefer traditional GPU farms, but also the developers themselves, as the ecosystem becomes increasingly centralized and vulnerable to attacks. It seems that the line production of short life Read more …
Join our community of 10 000 traders on Hacked.com for just $39 per month. The bitcoin price has dipped below the $9,000 mark, recording a 4 percent drop in value overnight. Despite bitcoin’s struggle, several tokens including Tron (TRX) and Verge (XVG) have recorded major gains over the past 24 hours with XVG demonstrating a 10 percent increase in value. Best Performers: MANA, XVG and Tron The best performers of May 1 are Decentraland (MANA), Verge (XVG), and Tron (TRX). Read more …
Featured Residents of Rostov, the Russian port city on the Don River, are enjoying a growing number of bitcoin-related services. Some crypto-savvy taxi drivers have started accepting Bitcoin Cash (BCH), and several BTC teller machines have been installed in supermarkets. All that happens while officials in Moscow are still mulling over the legislation needed to regulate cryptocurrencies. Also read: Russians Owe 13% Tax on Their Crypto Incomes Taxis Taking Bitcoin Cash Taxi drivers in Rostov on Don Read more …
For the second day now crypto markets have retracted slightly and selling pressure is still dominant. Total market capitalization remains over $400 billion for now which is still a good sign for the longer term recovery. However the board is red this morning and all cryptos aside from one or two have fallen. Bitcoin has lost 4% on the day and is back to $9,000 while altcoins are all down with EOS taking the biggest hit of 16%. One coin Read more …
The US Commodity Futures Trading Commission (CFTC) chairman Chris Giancarlo said he doesn’t see comprehensive crypto legislation coming from the federal level in the near future, CNBC reports April 30. In an interview on Monday, Giancarlo pointed out that the statutes by which the CFTC is operating were written in 1935. He said that embracing a modern innovation like Bitcoin within terms invented decades ago will take time: “The statutes we are operating, you know, were written… in 1935 … Read more …
Shares of financial services and mobile payment company Square dropped Monday after a critical tweet by short-seller Andrew Left’s Citron Research, CNBC reported April 30. Citron claimed excitement for Square’s Bitcoin (BTC) trading solution was exaggerated. Citron called Square a “collection of yawn businesses” in a tweet Monday afternoon, adding that the payment operator’s “SQ-Cash to BTC trading has been insignificant”. Immediately afterwards, Square’s stock dropped 3.8 percent to $45.76 per share. The price then recovered most of its losses Read more …