The cryptocurrency world is full of stories of people who are either getting hacked for their precious digital currencies, or they are falling into scams and traps. Because of the decentralized and open nature of the cryptocurrency world, protection is not freely offered. Users are rather expected to be savvy enough to not fall for scams and traps, but that takes some work. Below are a number of notable types of scams and some tips on how to avoid them. Read more …
Cryptocurrency ATMs have become increasingly popular as of late. Although not every country has such a device, things are evolving in the right direction. Several operators even support a few altcoins these days. BitcoinPlug has made an interesting announcement in this regard. The company will enable Bitcoin Cash on all of their Bitcoin ATMs throughout Los Angeles. Making Bitcoin Cash more accessible to consumers is a big challenge. More specifically, there are plenty of exchanges who support BCH. However, the Read more …
Bitcoinist spoke with Cryptograffiti, who runs one of the most popular crypto art design and merchandise companies in the space under the same name. Cryptograffiti reveals what is the most popular design and explains why art is so important in educating the public even in a hi-tech field like Bitcoin. Bitcoinist: First, do I refer to you as Cryptograffiti or do you have a name? Cryptograffiti (CG): Cryptograffiti works! Bitcoinist: How did you first get into Bitcoin and did you have Read more …
Allianz’s chief economic adviser Mohamed El-Erian has joined Bitcoin skeptics appearing to soften their stance on the cryptocurrency. In a manner similar to JPMorgan’s Jamie Dimon, El-Erian, who previously stated Bitcoin should be worth 50 percent of its value, told CNBC it was “trying to find stability.” “…It’s more of a commodity than it’s a currency,” he said, comparing Bitcoin to a commodity rather than a currency. As Bitcoin reaches new all-time highs of $7,500, bubble concerns many expected are Read more …
So here’s a look at what we’re going to do in the bitcoin price today. We’ve had a pretty darn good week so far, with price serving up a great combination of volatility and upside momentum. In many ways, that’s the perfect combination as it allows us to jump into plenty of breakout trades while also being able to stay in the trades for a sustained run. If we get a continuation of this sort of action today, we can Read more …
Cryptocurrency miners are always looking for the most profitable coin. For a lot of people, that has been Bitcoin, as far as SHA-256 mining is concerned. As of right now, it is far more profitable to mine Bitcoin Cash. According to Fork Lol, this situation may continue for quite some time to come. Given the SegWit2x drama on the horizon, a lot of things will change by the look of things. A lot of people will always mine Bitcoin first Read more …
Regulation A bill has been submitted to the Ukrainian parliament to amend the country’s tax code to exempt cryptocurrency income and profits from taxation, including from buying, selling, transacting, and mining. Also read: Ukraine’s New Bill Treats Bitcoin as Financial Asset and Encourages Mining Bill Seeks Crypto Tax Exemptions The head of the Committee on Tax and Customs Policy of the parliament of Ukraine, Nina Yuzhanina, submitted a bill to the parliament to amend the country’s tax Read more …
MicroMoney ANNOUNCES STRATEGIC PARTNERSHIP with VOISEBlockchain credit bureau for the unbanked MicroMoney is announcing a partnership deal with decentralized music platform VOISE. The platform allows artists to monetize on their work in a collaborative P2P marketplace. Musicians can set prices, post sample tracks and seek support from music enthusiasts. MicroMoney will offer VOISE its sophisticated crypto-payment system and unique scoring model based on AI algorithms, machine learning, and Big Data analytics. VOISE and MicroMoney share the same social mission of Read more …
This week, Bitcoin price, on its usual upward trajectory, barely blinked as it smashed through the $7,000 mark. The Bitcoin community obviously celebrated as the king of digital currencies shows no sign of slowing, but what is behind this latest rally? The biggest factor behind the rally was the announcement of Chicago Mercantile Exchange’s decision to offer Bitcoin futures. Firstly, what is a Bitcoin future and why is it causing such a buzz on main street, Wall Street, as well Read more …
Finance Coinbase’s Global Digital Asset Exchange (GDAX) released its Digital Assets Framework, an answer to clients urging more cryptocurrency choices. The popular institutional exchange is attempting to meet demand while sifting through an initial coin offering (ICO) market numbering in the hundreds and valued in the billions. Also read: GDAX Announces It Will Absorb Investor Losses From Recent ETH Flash Crash GDAX Sets Crypto List Standards “This framework is designed to provide insight into how we evaluate Read more …
Key Highlights Ethereum classic price fell below the $10.00 handle recently against the US Dollar. There is a major bearish trend line forming with resistance at $10.40 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair is struggling to break the $10.40-10.50 resistance and remains at risk of more declines. Ethereum classic price struggle to move higher continues against the US Dollar and Bitcoin. ETC/USD is facing a major resistance near $10.40-10.50. Ethereum Classic Price Read more …
ETH/USD Ethereum fell during the trading session on Thursday, breaking below the $290 level, and then testing the $275 level underneath. A bounce from there tested the $290 level, which of course is a very important level, as it was the bottom of consolidation, but it looks likely that we are entering a wider consolidated area. A break above the $292 level should have the market looking for the $308 level now, and looking at the 4-hour chart it seems Read more …