Category: Cryptocurrency News

News According to the owner of the Russian cryptocurrency news outlet Forklog, Anatoly Kaplan, his media firm is being harassed by Ukrainian law enforcement officials. On December 15, agents from the Ukrainian Security Service (SSU) searched both Kaplan’s apartment and the Forklog offices in Odessa for an alleged association with U.S. nationals committing criminal activities. Also read: Options Giant CME Launches Bitcoin Futures — Here’s What to Expect  Russian Cryptocurrency Media Outlet Forklog Says the Ukrainian Security Service Read more …

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Independent market research analyst Ronnie Moas said that he believes the bitcoin price has the potential to reach a long-term target of $400,000. Bitcoin Price Has Six-Figure Potential Moas, the founder of Standpoint Research, has been recommending bitcoin since July when it was trading at $2,600. At that time, Moas set his 2018 bitcoin price target at $5,000. That may have seemed like a bullish target at Read more …

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The cryptocurrency market cap surpassed $600 billion over the weekend, launching the combined value of all cryptocurrencies past that of e-commerce behemoth Amazon. Cryptocurrency Market Cap Hits $600 Billion The introduction of bitcoin futures contracts on regulated U.S. exchanges CBOE and CME has, as expected, facilitated a comprehensive market rally, even as the futures products have been thinly-traded relative to the global cryptocurrency ecosystem. Last week, the Read more …

DASH/USD DASH continue to go sideways during the trading session on Monday, as we hover above the $1000 level. At this point, I suspect that the market is trying to build up enough momentum to continue the uptrend, and that the $1000 level should offer support. Buying on the dips continues to be the way forward.   LTC/USD Litecoin is rising slightly, but quite frankly at this point it looks like we are spending more time trying to build up Read more …

Featured In 2014, Newsweek doxxed Dorian Nakamoto, an unassuming senior, as the creator of bitcoin. The bumbling Dorian, who claimed never to have heard of the digital currency, was besieged by journalists for days, prompting him to plot a harassment lawsuit. As introductions to bitcoin go, Dorian’s was hellish. And yet, three years on from the false dox, something strange has happened: Dorian Satoshi Nakamoto has embraced the bitcoin life and assumed the persona of his faceless Read more …

Price chart analysis suggests litecoin could soon revisit record highs. If so, the development would mark a reversal from last week, when the world’s fifth largest cryptocurrency reached new heights at $341.80, only to lose ground to bull market exhaustion. However, most notably, the subsequent dip to $251.22 on Dec. 15 low is now proving short-lived. As of Monday, LTC is trading back above $300, averaging $320 across global exchanges. As per CoinMarketCap, it has appreciated by 0.4 percent on the day, but the Read more …

ETH/USD Ethereum continues to go sideways during the trading session on Monday, but has a slight upward tilt. Because of this, I believe that the market is going to continue to find buyers underneath, perhaps sending this market to the upside. I think that given enough time, the market should then go towards the $800 level, the next psychologically important level. It appears currently that there is a massive amount of support near the $650 handle.   ETH/BTC Ethereum has Read more …

In the world of cryptocurrencies to date, more than a few millionaires, have been made. In the case of 18-year-old Erik Finman, a $1,000 cash gift from his grandmother turned into over a million dollars after he invested it in Bitcoin back in 2011, at $12 a coin. His early investments in Bitcoin helped him win a bet with his parents — if he became a millionaire before 18, he could opt out of going to college. Among other accomplishments Read more …

BTC/USD Bitcoin rallied initially during the trading session on Monday, but ran into a bit of trouble at the $19,000 level. Over the weekend, we trying to break above the $20,000 level, but failed a bit. Ultimately, it looks as if the market is trying to build up the confidence to break above the $20,000 level, which of course will have a certain amount of psychological resistance. Ultimately, I suspect that we are going to break above there. In the Read more …

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Bitcoin mining has continued to grow over the years, but never more so than through this year as Bitcoin’s price surge draws in new miners. Bitcoin’s price has surged over 1,000 percent year-to-date and cryptocurrency miners are only interested in mining for currencies with the highest possible returns. While in the early days miners were able to use CPUs to mine for Bitcoin, today it’s a far Read more …