The Financial Conduct Authority, UK’s financial watchdog, is reminding consumers that cryptocurrency scams are rising in the country. Residents in the United Kingdom who decide to invest in Bitcoin or any other virtual currency are not protected by the regulatory framework given that cryptocurrencies are not regulated by the FCA. £2 Million Lost In Cryptocurrency … Continue reading UK Regulator Warns Investors of Rising Cryptocurrency Scams
Privacy cryptocurrency Zcash (ZEC) announced the release of their 2.0.0 version on August 16th, introducing the first Sapling-compatible version of the Zcash node software. The privacy currency also added several other notable features in the newest software update, including an important fix to the peer banning bug that came about following the previous Overwinter update. … Continue reading Why is Zcash 2.0 Sapling Release Important for Private Crypto Transactions?
Top analysts from major money management firm Sanford C. Bernstein & Co. believe that revenue from crypto trading fees will double in 2018, despite declining interest and prices in cryptocurrencies like Bitcoin and Ether. Bernstein Suggests Crypto Trading is the Next Big Thing New York-based global asset management firm Sanford C. Bernstein & Co. has … Continue reading Crypto Trading Fees a Major Revenue Driver Despite Market Decline
In merely three days, the Bitcoin price has recovered from $5,850 to $6,500, leading the entire crypto market to rebound by a large margin. Followed by the establishment of Bitcoin’s newly found momentum, tokens and small market cap cryptocurrencies have risen by absurdly large margins, by around 30 to 80 percent in the past 48 … Continue reading Did Bitcoin Bottom Out at $5,800 and is This the Beginning of a New Rally?
The cryptocurrency market has shown a marked recovery from its bearish mood which saw Bitcoin drop below $6,000 to a near 2018 low. While Bitcoin stands at $6,500 today – an increase of over 2% in 24 hours, crypto analysts say that only an upward movement above key resistance at $6,675 would indicate a bullish … Continue reading Daily Recap: Crypto Market Surges as Tokens Including VeChain Spike 50%
Ripple’s cryptocurrency, XRP, has had the year from hell. From its January all-time high it has taken one of the heaviest beatings of all the altcoins and plunged 93% to its lowest level of the year on Tuesday. However, parent company Ripple has probably made more partnerships than any other crypto organization so can things … Continue reading XRP Recovers as Ripple Expands Crypto Exchange Partners
FOMO Moments Markets slowly healing this Friday; VeChain, XRP, Lisk, and Ontology performing well. The markets are still slowly healing from their lowest levels this year as we near another weekend in crypto land. Total market capitalization is creeping up and is over $210 billion again but still not showing any signs of a sustained … Continue reading Cryptocurrency Update: VeChain Pumped on Chinese Vaccine Tracking Proposal
Key Points Bitcoin price recovered nicely after forming a support base near $6,200 against the US Dollar. There was a break above a key contracting triangle with resistance at $6,375 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair may perhaps continue to move higher towards the $6,570 and $6,750 … Continue reading Bitcoin Price Watch: BTC/USD Signaling Bullish Continuation Towards $6,700
Key Highlights ADA price recovered above the $0.090 resistance and is currently consolidating against the US Dollar (tethered). There is a crucial bearish trend line in place with resistance at $0.0990 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair has to move above the trend line and $0.1000 to … Continue reading Cardano Price Analysis: ADA/USD Eyeing Upside Break above $0.10
Although the crypto market saw a resurgence on Wednesday, with assets like Bitcoin posting 5 percent gains, the market remains in “purgatory,” where analysts aren’t too sure where prices will move next. The Tracker One ETN May Be Good News, But Bitcoin Isn’t Heading Upwards As reported by NewsBTC on Thursday, a Swedish Bitcoin exchange-traded note … Continue reading Prominent Analyst: Bitcoin and Crypto Aren’t Heading Upwards, Big Drop Before Big Rally