Month: June 2018

A long-term price indicator has turned bearish for the first time in four years, threatening to impede continued gains in bitcoin’s price. Despite the rally late in the month, the cryptocurrency dropped 19 percent in May, according to Bitfinex data, pushing the 5-month moving average (MA) below the 10-month moving average for the first time since June 2014. The bearish moving average crossover validates the argument that long-term bull market has ended and indicates scope for further losses. The monthly chart Read more …

Get exclusive analysis and cryptocurrency insights on Hacked.com for just $39 per month. Coins.ph, a mobile payment app that offers a cryptocurrency wallet in the Philippines, now has more than 5 million customers, the company announced on its website. Founded four years ago, Coins.ph operates a variety of financial services, including a cryptocurrency exchange. Ron Hose, founder and CEO, credited the company’s rapid growth to its focus on creating financial inclusion to Filipinos. Customers use Coin.ph’s apps to access financial Read more …

Another major partnership has been announced by the IOTA Foundation. After successfully partnering with other major names, a new development is on the horizon. Norway’s DNB has signed a Memorandum of Understanding with the IOTA Foundation. The main objective is to explore new use cases involving IOTA’s Tangle technology. DNB ASA Explores Blockchain Strategic partnerships are the key to taking blockchain and cryptocurrency mainstream. In the case of the IOTA Foundation, promotion of the native Tangle technology is one of Read more …

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. One year after their successfully run $4M ICO, Authorship is proud to announce their platform is ready to be launched as per their scheduled roadmap on June 1st. Authorship aims to simplify the book publishing Read more …

Waves, a popular open-source blockchain platform that allows users to launch their own custom cryptocurrency tokens, has officially addressed the false rumors and fake news currently being circulated by less reputable sources in regards to the liquidation of the UK-registered Waves legal entity. Contrary to many unfounded and incorrect reports, the Waves platform is currently not in any danger — quite the opposite, in fact. According to an official statement on the company’s blog, the Waves Platform remains fully active Read more …

Mining hardware giant Bitmain has been criticized over one of its latest mining products, the AntMiner B3, with Chinese users making allegations about its marketing tactics and quality control. According to a blog post from the AntMiner’s official WeChat account, the new product – dedicated to mining BTM, the native token of the Bytom blockchain – was launched on April 25, one day after the Bytom team launched its mainnet. Priced at 17,000 Chinese yuan (or $2,600) per unit, the Read more …

Key Highlights ADA price climbed higher and broke the $0.2050 and $0.2150 resistance levels against the US Dollar (tethered). There is a key bullish trend line forming with support at $0.2080 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair is currently correcting lower towards the $0.2150 and $0.2080 support levels. Cardano price is moving nicely in a bullish zone against the US Dollar and Bitcoin. ADA/USD is likely to resume its uptrend once the Read more …

After a somewhat tumultuous week we end it with markets recovering slightly, but not in bullish territory just yet. Crypto markets have rallied from the monthly low on Tuesday of just over $300 billion but it has been a weak rally. Bitcoin has struggled to gain momentum today and is hovering around $7,570 where it was this time yesterday. Altcoins are a mixed bunch this Friday following trading in Asia, some are flat, some are still falling and one or Read more …

Crypto hedge fund founder advises that today is the time for buying Bitcoin to take advantage of the coming influx of institutional money. Crypto is Cheap Today Dan Morehead, CEO of Pantera Capital appeared on CNBC’s cryptocurrency round-up show Fast Money again to talk about the current price of Bitcoin and the issue of custody. He told anchor Mellisa Lee that Bitcoin may have found it’s bottom for the year so that today is a good time to go shopping. Read more …

Key Points Bitcoin price is still struggling to break the $7,580 and $7,600 resistance levels against the US Dollar. Yesterday’s highlighted important bullish trend line is in place with support at $7,450 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is about to make the next move either above $7,600 or below $7,400 in the near term. Bitcoin price is approaching a crucial break against the US Dollar. BTC/USD breakout levels are $7,600 on Read more …