Category: Cryptocurrency News

The largest supermarket chain in the United Kingdom was left red-faced this week after hackers took over its Twitter account to promote a bitcoin (BTC) scam. The news surfaced via IT magazine Bleeping Computer on June 25. Tesco, which has almost 550,000 Twitter followers, lost control of its account and began claiming it would give away free bitcoins in return for investments. The hackers appeared to have an affinity with Microsoft founder, Bill Gates, using his avatar and changing Tesco’s Read more …

Swiss-based fintech firm Amun AG has released plans to launch a new exchange-traded product (ETP) that will use the Bitwise 10 Select Large Cap Crypto Index as a benchmark. This is the fifth ETP the Swiss SIX Exchange has permitted. Bitwise Index Services, a subsidiary of Bitwise Asset Management, licenced its index for the first physically replicated crypto index product. The Amun Bitwise Select 10 Large Cap Crypto ETP is available to anyone outside the U.S., and will trade with Read more …

For the third day in a row, the speeding freight train that is Bitcoin has broken through resistance and pushed even higher. The surge has eaten into the altcoin markets so much that BTC dominance is at its highest level since it went parabolic in December 2017. Bitcoin Dominance Tops 63% Bitcoin traded at just south of $13,000 a couple of hours ago during the Asian morning session. The move marks again of 13 percent on the day and another Read more …

Bitcoin’s (BTC) parabolic advance over $12,000 has taken its market dominance above 60% for the first time since April 2017, data from CoinMarketCap confirmed on June 26. Following its rapid appreciation in recent days, the bitcoin price reached levels not seen since immediately after the end of its 2017 bull run. The successes have come at the expense of altcoins, which have so far failed to produce similar performance. As a result, BTC dominance of the overall cryptocurrency market cap Read more …

IOTA adds 11.2 percent Coordicide update significant for IOTA Decentralization is the central theme within blockchain circles. And IOTA is not deviating. With Coordicide, the network will be more decentralized and “inherently modular.” As a result, IOTA prices may inch higher in response. IOTA Price Analysis Fundamentals For an efficient future, there must be investment supporting the development of the Internet of Things (IoT). Regardless of one’s opinion, IoT is vital for future efficiency. Statistics reveals that the IoT as Read more …

Bitcoin enjoyed some strong trading on Tuesday, as it managed to secure a decisive break above the $11,000 mark. Having opened at an intraday low of $11,007.20, the coin spent the entirety of the Tuesday session moving on an upward trajectory. BTC eventually finished the day at an intraday high of $11,790.92. Bitcoin continued its advance during the early hours of today’s session, surging pat the $12,000 mark for the first time since January, 2018. The coin rose to as Read more …

Facebook’s Libra helps the idea of ​​a global cryptocurrency break through. This boosts the Bitcoin price, which breaks the $ 10,000 mark. Now the German CDU / CSU parliamentary group wants to make the Blockchain the key technology – not only for money. New times require new concepts. Suddenly, there’s talk of crypto-tokens, distributed ledgers, smart contracts, and blockchains everywhere, terms of the virtual money world. With its idea of ​​a global cryptocurrency named Libra, the US platform company Facebook Read more …

Views: Bitcoin (BTC) rose above $12,900 for the first time in over 17 months backed by consistent levels of volume. Recent price action could set scope for $13,700 in the coming day on the back of strong bullish momentum. The hourly chart reveals extreme levels of volatility presenting harsh trading conditions for the average trader. Bitcoin has risen above $12,900 for the first time since Jan. 21, 2018, touching a new high for 2019 at $12,919, according to CoinDesk’s BPI Read more …

There was a sharp increase in bitcoin price above the $11,800 and $12,000 resistances against the US Dollar. The price surged above $12,200 and even traded to a new 2019 high near $12,500. There are two key bullish trend lines forming with support near $12,000 and $11,450 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair remains in a strong uptrend and it could even climb above $12,550 and $12,750. Bitcoin price surged above the Read more …

The bitcoin price is soaring this week, but don’t expect the rally to last because the original cryptocurrency is fugazi and “fundamentally flawed.” That’s the brutal assessment of yet another of Motley Fool’s anti-crypto reporters. Skeptic: BTC Halving and Facebook Are Catalysts for Latest Rally In a blistering June 25 column, the Motley Fool’s Sean Williams attributes the latest bitcoin bull run to several factors that are unrelated to its underlying fundamentals: Bitcoin halving in 2020. Impending SEC approval of Read more …

Bitcoin price has continued its rapid growth and on June 26 it hit $12,000 for the first time in over a year, according to Coin360. Market visualization courtesy of Coin360 Bitcoin (BTC) breached the $12,000 level early this morning after mostly trading horizontally in the $13,000-$4,000 range for the first months of the year. Press time bitcoin is trading at $12500, after having increased its value 11% over the last 24 hours. Bitcoin 1-year price chart. Source: Coin360 As Cointelegraph reported Read more …

Another day, another new 2019 high for Bitcoin. The daddy of digital assets swept through resistance yet again a few hours ago to power up towards its next major milestone, $13,000. No Derailing The Bitcoin Train It has been another fruitful morning for Bitcoin markets in Asia. BTC spent the best part of the past 24 hours trading at around $11,300 but lifted off again a few hours ago to hit $12,380 according to Tradingview.com. On some exchanges, it may Read more …