Month: May 2020

Advertisment The one who called himself Satoshi Nakomoto, created cryptocurrency so that anyone can keep their financial life untouchable and protected from the interference of others. However, requirements of customer disclosure put these principles at risk and ordinary users under threat of theft, extortion, and even kidnapping by bandits. Find out how you can protect yourself from this. Why Should Your Cryptocurrency Be Anonymous? You want the latest news about Crypto? Then follow us on Google News! To ensure the Read more …

In a recent response to a Right to Information query, the Reserve Bank of India, the Indian central bank, has stated that there is no prohibition on banks to provide bank accounts to cryptocurrency traders. But some banks have been arbitrarily denying services to crypto users and are still doing so. If there is no law banning crypto trading, as emphasized by India’s Supreme Court, and there is no prohibition on banks by the RBI, then why aren’t banks treating Read more …

Bitcoin (BTC) price was once again sideways last week with price action between bulls and bears proving to be equal. But scenarios look likely for Bitcoin as we approach the month of May comes to a close? Let’s take a look at what’s happening with the largest cryptocurrency by market capitalization, BTC.  Daily crypto market performance. Source: Coin360.com A bullish monthly candle close  BTC/USD 1-Month chart. Source: TensorCharts Starting out on the monthly, we can see that Bitcoin grew in Read more …

The Russian Police launched a criminal investigation against a former Russia’s regional post office chief, who managed to mine cryptocurrencies through the office’s network in a town of Mineralnye Vody located in the South of the country. According to a report published by a local news outlet RNS, the SU Investigative Committee of Russia for the Stavropol region, the former branch chief is suspected of illegally installing and mining cryptocurrencies with “professional hardware” using the company power grid for nearly Read more …

Advertisment News24Coin will be a platform for the crypto community, which provides news updates on existing and upcoming digital coins. The team behind News24Coin will allow crypto enthusiasts, developers, and investors to have a single source for all their coin listing news. News24Coin is a platform built with freedom of speech in mind. The freedom of users is not hindered in any way, and measures are in place to ensure that everyone’s opinion is respected and accepted as valid. Getting Read more …

One of the core narratives of Bitcoin (BTC) since inception is the oft-stated goal of separating money and state. While this has certainly been a powerful creed in the currency’s early adoption by the crypto-anarchist and techno-libertarian communities, what does this actually mean? It’s quite simply a call for a neutral form of money. When stripped of the more political messaging, Bitcoin is fundamentally the introduction of a credibly neutral, global system of value transfer that is open and permissionless Read more …

Ethereum is up more than 5% today and it is trading above the $235 level against the US Dollar. ETH price is likely to surge towards the $285-$300 if it clears the $248 resistance zone. Ethereum is surging and it recently broke the $220 and $230 resistance levels. The price is now trading well above the $220 pivot level and the 100-day simple moving average. There was a break above a crucial bearish trend line with resistance near $208 on Read more …

Although Ethereum is still over 80% below its all-time high price, the asset has registered extremely positive price action over recent months. From the March capitulation lows of $88, the asset is up over 175%. And in the past day alone, ETH is up 10%, outperforming basically all other cryptocurrencies in circulation. The recent uptrend has allowed Ethereum to print an extremely positive sign, according to a prominent crypto trader. He noted in the chart below that on Kraken, the Read more …

Bitcoin is up more than 2% today and it is trading above $9,500 against the US Dollar. BTC is trading in a positive zone and it could rally above the $9,800 and $10,000 resistance levels. Bitcoin is showing a lot of positive signs above the $9,500 pivot level. The price recovered nicely after a short term downside correction towards the $9,200 zone. There was a break above a key bearish trend line with resistance near $9,570 on the 4-hours chart Read more …

The Swiss Financial Market Supervisory Authority, or FINMA, has authorized InCore bank to carry out digital assets transactions, allowing customers worldwide to access and transact within the bank. The official announcement represents an important step in creating a blockchain-friendly environment across the EU banking sector. InCore bank becomes the first Swiss business-to-business bank approved to operate within the crypto sphere. The firm now allows the institutional clients to trade, hold, and transfer digital assets. FINMA has also allowed the bank Read more …

After days of stagnation and consolidation, Bitcoin started to mount a strong comeback earlier this week. The leading cryptocurrency now trades for $9,650 — the highest price in over a week and more than 13% higher than the ~$8,550 lows seen during a retracement earlier this month. But Bitcoin remains below a crucial region of resistance that analysts say could unlock upside not seen since 2019 if BTC manages to reclaim the zone as support. The Importance of $10,500 to Read more …

Malware team, NetWalker, launched a ransomware attack against the Austrian village of Weiz. This attack affected the public service system and leaked some of the stolen data from building applications and inspections. According to the cybersecurity firm, Panda Security, hackers managed to penetrate the village’s public network through phishing emails related to the COVID-19 crisis. COVID-19 as bait to deploy the ransomware The subject of the emails — “information about the coronavirus,” — was used to bait employees of Weiz’s Read more …