Category: Cryptocurrency News

Bitcoin Price Key Highlights Bitcoin price is gaining a bit of bullish momentum since breaking past the descending triangle resistance. Price is trading inside an ascending channel and has just bounced off support. Bitcoin could be headed to the top of the channel from here and the Fib extension tool shows other potential upside targets. Bitcoin price is resuming its short-term climb and could have its sights set on the next upside targets on the Fib levels. Technical Indicators Signals Read more …

Mining Canadian investors have decided to put money and effort into a wind-powered crypto mining undertaking in Romania. To make it happen, they have finalized a deal to acquire a wind farm capable of producing enough energy to light the bulbs in over 30,000 homes. Driven by enthusiasm about the project, they have even added “Blockchain Power” to their company’s name. Also read: Despite Regulation, Russians Plan to Build Europe’s Largest Mining Farms Who Told Them About Read more …

We have two rising stars in the cryptocurrency field. Cardano (ADA) and Stellar (XLM) are now both in the top 10 largets cryptocurrencies by market cap. Let’s take a look at both and do a quick comparison. What is Cardano Blockchain? Cardano is now the fifth largest crypto by market cap. It is a third generation cryptocurrency and the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach. Cardano blockchain development team consists of a Read more …

News This week one the largest fantasy football leagues, Fanduel, announced it’s having an NFL playoffs contest called “The Bitcoin Bowl.” The contest is giving away two BTC prizes consisting of a one bitcoin reward for its ‘free play’ match and two bitcoins for its tournament round. Also read: Peter Thiel, Bitcoin Astronaut, Moves Markets with Crypto Moonshot Fanduel’s Fantasy Football Contest Is Giving Away Bitcoin Prizes Fantasy football is a popular phenomenon where participants become general Read more …

Today, Jan. 4, the North American Securities Administrators Association (NASAA) released a warning  for Main Street investors regarding the risks associated with cryptocurrencies and Initial Coin Offerings (ICOs). The warning was promptly followed by a statement from the US Securities and Exchange Commission (SEC) that commended and reiterated the NASAA’s message. The NASAA statement encouraged investors to look “beyond the hype” when considering cryptocurrencies and their derivatives, in order to better understand the associated risks. Joseph P. Borg, NASAA President and Read more …

Dogecoin, the parody coin named for an internet meme featuring a Shiba Inu dog, has broken off the leash. Nearly forgotten since its heyday in 2014, over the past month the cryptocurrency’s price has increased more than 400 percent, setting a new all-time high Thursday above $0.01. This price surge pushed dogecoin’s market capitalization above $1 billion, data from CoinMarketCap shows. Yet while more than $101 million in trading volume was seen in dogecoin over the past 24 hours, the Read more …

Featured Mark Zuckerberg, founder, chairman, and CEO of social media platform Facebook, has posted his annual challenge. It’s often a look back at major events, taking stock of the year, and appraising what’s ahead. This year, he ended his note with a pointed call to “take power from centralized systems” by employing uses for “encryption and cryptocurrency.” Also read: African Central Banks Should Ditch Dollar, Buy Bitcoin Zuckerberg Gets Reflective Mark Zuckerberg believes a great challenge, perhaps Read more …

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The cryptocurrency market cap achieved a new all-time high on Thursday, briefly rising above $770 billion amidst a widespread altcoin rally. The ethereum price rode this wave across the $1,000 threshold, while the ripple price appears determined to extend what has been a remarkable rally. After entering the day at $683 billion, the cryptocurrency market cap climbed as high as $772 billion — an intraday increase of Read more …

Coinbase announced Thursday afternoon that it would not be adding any new cryptocurrencies to either its flagship platform or its other digital asset exchange, GDAX. In a blog post, the company, which currently allows customers to buy, sell, deposit or withdraw bitcoin, litecoin, ethereum, and most recently, bitcoin cash, said it wanted to explain its process for adding new assets. The post cited last year’s Digital Asset Framework announcement, where GDAX outlined the criteria it would follow when considering whether Read more …

Regulation This week the founder and CEO of the trading platform BTCC, Bobby Lee, was featured on the broadcast ‘Squawk Box’ and spoke about last year’s banning of Chinese bitcoin exchanges. Lee believes that it’s “only a matter of time” until the central bank will allow cryptocurrency exchanges to open up shop again. Also Read: These Dutch Researchers Are Mining Cryptocurrencies With Body Heat BTCC’s Bobby Lee Is Optimistic About the PBOC Lifting the Cryptocurrency Exchange Ban Last Read more …