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Ebay’s online platform appears to offer unlicensed cryptocurrencies, including unambiguous scams and coins whose bid prices are out of all proportion to the current market price. Those responsible seem to be aware of this problem, but no effective steps have yet been taken. Ebay, the world’s largest online marketplace, seems to have a massive problem with regulating its products on its own platform. Thus, completely unloaded crypto currencies are discontinued as goods and offered for sale. This is done in Read more …

ETH/USD Ethereum continues to grind higher, as it looks likely to reach towards the $1000 level over the next several days. Because of this, I believe that the markets will continue to find buyers on dips, as the large, round, psychologically significant number is far too tempting of a target. I believe that it is not until we break down below the $800 level that you should worry about the uptrend.   ETH/BTC Ethereum rallied against Bitcoin as well, and Read more …

BTC/USD Bitcoin drifted a bit lower during the trading session on Thursday, as traders continue to bounce around the head of the nonfarm payroll number coming out of the United States. This will have a drastic effect on the US dollar, and by extension Bitcoin. It looks currently as if we are consolidating still, with the $13,000 level being the “floor”, and the $16,000 level being the ceiling. Because of this, back and forth range bound trading strategies seem to Read more …

Cybersecurity Expert John McAfee has warned of advances in hacking methods after his personal Twitter account was hijacked to promote a number of alternate cryptocurrencies last week. The founder of computer security company McAfee had regularly been posting a ‘Coin Of The Day’ review on his Twitter page. The hackers gained access to his account by changing his phone number to request a new password. They then posted a series of Tweets using McAfee’s profile to promote a number of Read more …

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The value of the cryptocurrency ecosystem skyrocketed in 2017, with various cryptocurrencies surpassing 1,000% gains. Ripple’s XRP token, for example, was worth about $0,006 in the beginning of 2017 and is currently trading at $3.76. The 60,000% rise helped Ripple become the second-biggest cryptocurrency by market cap, and is now valued at over $140 billion. Behind the XRP token is San Francisco-based company Ripple, which uses blockchain Read more …

The price of ether, the native token of the ethereum platform, has hit a new all-time high over $970 and is eyeing the $1,000 mark. As of writing, ether (ETH) is trading at a record $978. The world’s third-largest cryptocurrency by market capitalization has appreciated by 11 percent in the last 24 hours, according to data source CoinMarketCap. A deeper look at the individual markets suggests the cryptocurrency is trading above $1,000 on Asian exchanges offering ETH/KRW pairs. Meanwhile, on western exchanges, Read more …

Initial coin offerings have come under increased scrutiny by the SEC. That is only normal, as a lot of these projects catered to US-based investors. However, very few of these concepts effectively filed with the SEC to issue securities. After Tezos, Giga Watt is now the second major project to feel the SEC’s wrath. The company is effectively being sued for securities fraud as we speak. Whether or not this group of investors will benefit from such legal action, is Read more …

On December 29th Ripple soared by more than 55% to reach an all time high of $2.23 implying a market cap of more than $86 billion which was well-over Ethereum’s $73 billion at the time. Coverage seems to be infiltrating mainstream media now, with Ripple even getting a mention on the BBC. So what has caused this market reaction? I think the market is taking notice of Ripple’s speed, reliability and scalability — which has strengthened the demand for Ripple Read more …

Baofeng Group (Shenzhen Stock Code: 300431) subsidiary Beijing Baofeng Xinying Technology signed a strategic partnership with Metaverse on 25 December 2017. As strategic partners, both parties will jointly research and develop the Blockchain Consensus Network (BCN) as well as Blockchain-as-a-Service architecture, with the aim of expanding blockchain technology applications. According to the terms of the partnership, Metaverse will provide technical support for full nodes for Baofeng Bokocloud and assist with upgrades to their consensus mechanism and incentive model. Baofeng Xinying Read more …

Featured The Commodity Futures Trading Commission (CFTC), the industry’s main regulatory arm,  reports a net increase in short contracts; volume is sluggish, and a legacy bank has now outright forbid clients and advisers from trading in the relatively new product. While it is too early in the experiment to draw definitive conclusions, bitcoin futures might not be the boost enthusiasts hoped.   Also read: Jimmy Song Uses Andreas Antonopoulos Model, Open Sources Forthcoming Books Bitcoin Futures Present is Read more …

An Indian government policymaking body is eyeing the potential applications of blockchain technology across various sectors. As part of that process, the National Institution for Transforming India, known as NITI Aayog, is developing a proof-of-concept to explore blockchain in key sectors including education, health and agriculture, the Economic Times says. An anonymous senior government official reportedly said that blockchain’s promise in secure document verification is the primary reason for potential adoption of the tech. The move comes after the think tank conducted a hackathon in Read more …