Category: Cryptocurrency News

Blockchain-based internet browser Brave has partnered with news website Cheddar to offer free access to its premium content for a limited period. The firms jointly announced Tuesday that Brave browser users will be able to automatically unlock premium content on Cheddar website for the next three months starting today. “Cheddar viewers are obsessed with crypto; we even have a show dedicated to it – The Crypto Craze. The idea of unlocking our premium feeds for Brave users via crypto funding, Read more …

Mining Using its excess energy generating capacity to mine cryptocurrencies, Russia can increase its budget receipts by more than $1 billion dollars in annual tax revenue. The estimate comes from a report that also calls for the establishment of a Russian crypto valley.   Also read: Defying Crypto Winter, Swiss Crypto Valley Grows to 750 Companies 70 Billion Rubles Just From Taxes Russia’s electrical surplus last year reached 20 GW. According to the study conducted by industrial mining solutions provider Read more …

As crypto markets tumbled yesterday the BitTorrent token sale kicked off and promptly overloaded the world’s largest exchange where it was hosted. BTT Gone in 15 Minutes … The BitTorrent token sale started on Binance Launchpad yesterday amid another crypto market rout which dumped $7 billion in a few hours. Binance posted an announcement with fixed rates for the tokens which were locked in at 1 BTT = 0.00001824 BNB (using a BNB price of 6.58000 USD) and 1 BTT Read more …

As U.S-imposed sanctions continue to cripple Iran economically, the Islamic state is reportedly on the verge of announcing its state-backed cryptocurrency. The ability of Iranian financial institutions to conduct transactions and relate with the rest of the world has been shackled since the sanctions were enforced and many believe the Iranian cryptocurrency will help abate some of the effects of the sanctions. To further stoke the rumor fires, it has been reported that the Iranian government expects to make an announcement Read more …

Bitcoin ATMs continue to spread across the United States at a rapid clip.  Chicago is the latest city to see an increase in ATMs supporting both the cryptocurrency market leader and various popular altcoins — thanks to an Atlanta-based company called Lux Vending, which has dropped 30 ‘Bitcoin Depot’ ATMs throughout the Chicago already this year. The addition to Lux’s machines reportedly brings Chicago’s total Bitcoin ATM count up to nearly 100. The fifth-most-populous North American city is already a hotspot Read more …

More pain for crypto markets today, Ethereum and BCH in trouble, Stellar sliding, only Waves making moves. Following yesterday’s $7 billion crypto market dump things stabilized for a while but have just started to head south again accelerating losses. Total market capitalization has shrunk again in the past couple of hours as another $3 billion goes out of the digital door. The likelihood of Bitcoin breaking its new resistance level at $3,500 was slim at best. It formed a new Read more …

Bitcoin price extended its decline and traded below the $3,440 support level against the US Dollar. There is a major bearish trend line formed with resistance at $3,460 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is currently under a lot of pressure and it may slide further towards $3,200 or $3,000. Bitcoin price accelerated losses below the $3,500 support against the US Dollar. BTC bears are in full control and it seems like Read more …

Nvidia lowers its revenue guidance for the fourth quarter of 2018 sending its shares tanking downwards by 14%. Other chip stocks followed suit. Analysts say Apple’s imminent earnings report means it could get much worse for chipmakers. Shark Tank co-host Kevin O’Leary says: I do not want to own semis going into the Apple print. Apple’s Earnings Will Make Grown Men Weep The iPhone maker has said it won’t publish an actual number of units sold. Guidance from CEO Tim Read more …

Exchanges An Italian court has ruled that Francesco Firano, founder of defunct cryptocurrency exchange Bitgrail, was at fault for the disappearance of $170 million worth of the nano digital currency on his exchange last year. Firano, who called himself “The Bomber,” is now “required to return as much of the assets to his customers as possible. Also read: Just Because Cryptocurrency Isn’t Legal Tender Doesn’t Make it Illegal Court Seizes Firano’s Personal Assets to Repay Victims In its ruling, the Italian Bankruptcy Read more …

Ripple price failed to stay above the $0.3000 support and declined heavily below $0.2900 against the US dollar. Yesterday’s highlighted important bearish trend line is in place with resistance at $0.2980 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair recovered nicely after trading as low as $0.2777, but it is facing sellers near $0.2950. Ripple price declined sharply and gained bearish momentum against the US Dollar and Bitcoin. XRP/USD is currently facing a solid Read more …

ETH price failed to bounce back and declined below the $108 and $104 supports against the US Dollar. Yesterday’s highlighted key bearish trend line is intact with resistance at $110 on the hourly chart of ETH/USD (data feed via Kraken). The pair tested the $100 support area once and it corrected above the $104 resistance level. Ethereum price declined heavily with bearish moves against the US Dollar and bitcoin. ETH/USD is under a lot of pressure and it seems like Read more …

Privacy Ever since 1929, the FBI has shared annual crime statistics via the Uniform Crime Reporting Program. Each year, it breaks down criminal activity into such categories as homicide, weapons, human trafficking, and hate crime. One category that is noticeably absent from the report is civil asset forfeiture. In the eyes of the law, this is a perfectly reasonable provision for seizing ill-gotten gains from suspects. But for the victims of this procedure, it goes by a simpler name – Read more …