Litecoin (LTC) Likely To Decline Further But Significant Upside Might Soon Follow
Aug25

Litecoin (LTC) Likely To Decline Further But Significant Upside Might Soon Follow

Litecoin (LTC) is due for major downside from current levels. The price has already declined below the 61.8% fib retracement level from the last top of the previously broken market structure. It is now eyeing a decline to the 38.2% fib retracement level around $50. We are likely to see this move come to fruition as LTC/USD is already trading below its 50 day EMA as well as the 21 day EMA. However, the 38.2% might serve as a strong...

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Mike Tyson Vs. Fight to Fame: Is the Former Champion Involved In Crypto?
Aug25

Mike Tyson Vs. Fight to Fame: Is the Former Champion Involved In Crypto?

Tyson denies any connection with Fight to Fame. Suspected of cryptocurrency fraud, the project claims the opposite, saying the former boxer is a co-founder. United States boxing legend Mike Tyson has denied a connection with the cryptocurrency project Fight to Fame, which is suspected of financial fraud. He announced it in a Twitter post on Aug. 15: “I am not involved with Fight to Fame or their countdown website, nor will I be...

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Waves DEX Now Supports Ethereum-Based ERC-20 Tokens
Aug25

Waves DEX Now Supports Ethereum-Based ERC-20 Tokens

Waves platform’s built-in decentralized exchange adds support for ERC-20 standard compliant tokens, BTC and ETH to follow soon. Blockchain platform Waves added support for Ethereum-based (ETH) ERC-20 standard compliant tokens to its decentralized exchange (DEX). On Aug. 22, the platform announced that Waves’ built-in DEX began supporting ERC-20 tokens. Recently, Waves team also launched a new gateway with Vostok and Ergo tokens...

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Model: Bitcoin (BTC) Price to Surge 100% to $20,000 by May
Aug25

Model: Bitcoin (BTC) Price to Surge 100% to $20,000 by May

In just around nine months, Bitcoin (BTC) will see its next block reward reduction — dubbed “halving”. Despite this rapidly approaching bullish event, however, the cryptocurrency market has stagnated, establishing a trading range. Related Reading: Bitcoin: Crypto-Like Global Monetary System To Be a Boon For BTC But a model from PlanB suggests that should history repeat itself, the Bitcoin price has lots of room to rally ahead of the...

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Washington BTC ATM Stolen By Two Thieves Caught On Camera
Aug25

Washington BTC ATM Stolen By Two Thieves Caught On Camera

Here’s an interesting bit of news for you, a Bitcoin ATM has reportedly been stolen in the United States with the theft even being caught on tape. According to a report published by the Finnish news site Ilta Sanomat posted this week, two thieves have gone out of their way to steal a bitcoin atm in the US in a mall-based in Washington DC on 3rd August. Furthermore, the alleged two suspects have been filmed by a surveillance camera as...

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Crypto Industry Direly Needs Specialized Education, Says Ripple Exec
Aug25

Crypto Industry Direly Needs Specialized Education, Says Ripple Exec

Cryptocurrency firm Ripple’s head of social impact Ken Weber thinks that universities need to offer courses that relate to actual roles in the blockchain industry. Cryptocurrency firm Ripple’s head of social impact Ken Weber is confident that universities around the world must expand their education programs to offer blockchain and digital assets training courses that directly relate to actual roles in the industry. Blockchain...

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Bitcoin Price Breaks $10,100 as Top Altcoins See Gree
Aug25

Bitcoin Price Breaks $10,100 as Top Altcoins See Gree

Bitcoin price circles around the $10,100 mark while most of the top 20 cryptocurrencies see moderate gains on the day. Sunday, Aug. 25 — Most of the top 20 cryptocurrencies are seeing moderate gains on the day while Bitcoin (BTC) circles around the $10,100 mark. Market visualization courtesy of Coin360 Bitcoin price is up by 1.67% on the day, trading at around $10,135 at press time, according to Coin360. Looking at its weekly chart,...

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India’s Central Bank Given A Fortnight To Justify Crypto Situation
Aug25

India’s Central Bank Given A Fortnight To Justify Crypto Situation

India’s outlook on crypto is less than favourable. It’s been known for a while now that India basically hates cryptocurrency but now, the Supreme Court in the country has slammed its central bank over how it dealt with the crypto situation and has even ordered it to address the complaints. In an ongoing hearing into the actions of the Reserve Bank of India (RBI) on 21st August, the court ruled that officials had not correctly...

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Crypto Custodian BitGo Announces EOS Support
Aug25

Crypto Custodian BitGo Announces EOS Support

Cryptocurrency trust and security company BitGo has launched a multisignature wallet and custody service. Cryptocurrency trust and security company BitGo has announced the launch of a multisignature wallet and custody service for EOS. According to the news release published on Aug. 22, BitGo officially added EOS to the list of its supported assets. The firm’s chief technology officer Ben Chan said: “The EOSIO software has some...

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How A Recession Could See Bitcoin Thrive
Aug25

How A Recession Could See Bitcoin Thrive

One thing that most Americans won’t want to hear right now is the word, ‘recession’.  Unfortunately that word came out of Donald Trump’s mouth earlier this week on the 20th and whereas a recession is a piece of bad news for the dollar, Bitcoin could take advantage of the situation and fly high during such a time.  The consensus of most analysts outlooks on the matter is that there won’t be a recession in the United States this year or...

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Bitcoin (BTC) Price Weekly Forecast: Remains Sell Until This Changes
Aug25

Bitcoin (BTC) Price Weekly Forecast: Remains Sell Until This Changes

There was a downside extension in bitcoin price below the $10,000 support against the US Dollar. The price is currently consolidating and is facing many hurdles on the upside near $10,400. There is a crucial bearish trend line forming with resistance near $10,400 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). There could be a strong upward move if the price surges above $10,400 and $10,500. Bitcoin price is facing...

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Ethereum Price Weekly Forecast: ETH Trading Near Crucial Juncture
Aug25

Ethereum Price Weekly Forecast: ETH Trading Near Crucial Juncture

ETH price remained in a bearish zone and even tested the $180 support area against the US Dollar. The price is currently correcting higher, but it is facing hurdles near $192 and $195. There is a significant bearish trend line forming with resistance near $192 on the 4-hours chart of ETH/USD (data feed via Kraken). An upside break above $192 and $195 might trigger a solid recovery in the near term. Ethereum price is currently facing a...

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Bitcoin History Part 16: The First Mt. Gox Hack
Aug24

Bitcoin History Part 16: The First Mt. Gox Hack

No one remembers the first Mt. Gox hack. It was a small sum, even by 2011’s standards, and the exchange reimbursed all users. The incident was to prove significant, however, for it set in motion a string of attacks on other bitcoin platforms that began the very next day. By the time the dust had settled six weeks later, four separate thefts had occurred, culminating in the loss of more than 178,000 bitcoins. Also read: Bitcoin History...

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Huobi Processed 50% of All PlusToken Withdrawals This Month: Report
Aug24

Huobi Processed 50% of All PlusToken Withdrawals This Month: Report

To date, Chinese exchange Huobi has processed the highest number of withdrawals from the alleged crypto Ponzi scheme PlusToken’s recent multi-billion dollar moves. Chinese crypto exchange Huobi has seen the highest number of withdrawals from the alleged crypto Ponzi scheme PlusToken to date, new research says. Chinese exchanges prevail New York-based blockchain infrastructure firm Elementus released a study on Aug. 23, claiming that...

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Sally Ho’s Technical Analysis 25 August 2019
Aug24

Sally Ho’s Technical Analysis 25 August 2019

Bitcoin Bitcoin (BTC/USD) continued to consolidate recent gains early in today’s Asian session as the pair traded back below the psychologically-important 10,000 figure following its recent move to a relative high of 10,478.00.  Stops were elected below the 10,033.66 area during the move lower, representing the 61.8% retracement of the move from 9,759 to 10,478.  Bids emerged around the 9,880.59 area, representing the 61.8%...

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