Category: Cryptocurrency News

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The Banco de Portugal (BdP), Portugal’s central bank, recently joined a long list of authorities around the world that warned its citizens on OneCoin, the purported altcoin scheme widely seen as a scam. In the warning, the country’s central bank revealed that three organizations, OneCoin Network Limited, OneCoin Limited, and One Network Services Ltd, from Belize, Dubai, and Bulgaria respectively, aren’t, and have never been, allowed to Read more …

A Detroit bitcoin trader was sentenced Monday to 366 days in jail for operating an unlicensed money services business. The individual, Sal Mansy, was arrested in June 2015 for funneling bitcoin transactions through a corporation he owned called TV TOYZ. Mansy conducted $2.4 million-worth of bitcoin transactions over a two-year period, according to a release from the U.S. Attorneys office in Maine. Mansy pleaded guilty in May to purchasing bitcoin through the Coinbase and Bitstamp exchanges, and selling the cryptocurrency at Read more …

DASH/USD DASH continues to go sideways in general, hovering just above the $740 level. I think there is a significant amount of support that extends down to the $700 level, and the stochastic oscillator is starting to look like it is going to cross in the oversold region soon. Because of this, a bounce in this market should be a nice buying opportunity to reach towards the $775 level again.     LTC/USD Litecoin continues to go sideways against the Read more …

ETH/USD Ethereum continues to look relatively flat against the US dollar, while at the same time Bitcoin has been rallying. Because of this, I think that we are essentially stuck in a range between $450 level on the bottom, and $500 on the top. However, on the hourly chart we are starting to see the stochastic cross in the oversold area.   ETH/BTC Ethereum fell against Bitcoin as one would expect looking at how they are both acting against the Read more …

Imperva Incapsula, a cloud-based service provider, has released a comprehensive report titled “Q3 2017 Global DDoS Threat Landscape.” The report shows that cryptocurrency operators and Bitcoin exchanges are favorite targets of distributed denial of service (DDoS) attacks. A DDoS attack is defined as a persistent DDoS event against the same target (e.g., IP address or domain). A single attack is preceded by a quiet (attack free) period of at least 60 minutes and followed by another quiet period of the Read more …

In a recently released patent office filing, UBS, the 935 bln CHF Swiss banking giant, has sought approval for a Blockchain technology-based validation platform for users. The patent indicates that UBS is pursuing Blockchain technology as a solution for client IP and user validation. The filing itself has been made back on May 24, 2016, but the patent has only been released recently. The Blockchain platform UBS envisions would be used to store records of all activities of the company on the Blockchain. Read more …

BTC/USD   Bitcoin continues to rally, reaching towards the highs again during the trading session on Tuesday. We are currently pressing against the $11,900 level, so it has become obvious that the market is going to go looking towards the $12,000 level. At this point, looks like pullbacks continue to offer buying opportunities, and we should see plenty of support near the $11,400 level. BTC/JPY   Bitcoin has pulled back during the day, but found the 20 SMA on the Read more …

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The cryptocurrency markets made another advance on Tuesday, fueled by continued bullishness over the impending launch of regulated bitcoin futures contracts on Sunday. Buoyed by this factor, the bitcoin price rose within striking distance of the $12,000 milestone, and the flagship cryptocurrency’s market cap came within a hair’s breadth of the $200 billion marker. Meanwhile, altcoins reaped the gains of a bullish market, and the number of Read more …

Bitcoin temporarily hit $12,000 and a $200 bln market cap Tuesday before correcting as prices continue their remarkable week-long surge. As major exchanges such as Coinbase, Bitstamp, Kraken and others trade around $11,850 at press time, lively global markets produced an average all-time high of $12,027. This is the first time Bitcoin has passed the new barrier, having grown from $9200 lows within a matter of days. The pace of progress comes as the prospect of a Wall Street influx Read more …

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. This article is penned by Jim Conners. Jim Conners is a Blockchain enthusiast and evangelist based in Portland, Oregon. He is a freelance journalist and his articles have appeared in top Blockchain media all around the globe. Since the invention of the internet the idea of decentralization has always been at the forefront. Few people seem to know that the internet was originally developed by the American military and Read more …

2017 has been the year of “crypto” in all senses – the number of ICOs broke all records and, relative to fiat currencies, bitcoin and ethereum have grown drastically over a rather short period of time. New markets, including art, could greatly benefit from the surging wave of blockchain technology, which is why we should evaluate its potential bearing on the industry at the end of this year, and launch a global event that will encourage young, creative designers to Read more …