Bitcoin Price Analysis: BTC Target Met, Recovery Time Now?

The price of Bitcoin came down to the projected level and considering that we could have seen the completion of the C wave which is the sub-wave of the higher degree Y wave, recovery will be seen and with the price starting to move to the upside again the recovery might have already started. The pr..

Bitcoin Fraud: Aggrieved Investors Torch House of Suspected Scammer

A South African bitcoin entrepreneur allegedly involved in orchestrating an elaborate bitcoin fraud scheme has lost his home to flames, thanks to angry investors. The incident took place after news broke out that hacker had gotten access to investors’ funds and the investors stormed the office to ge..

U.S. Federal Government Moves Closer to Legally Defining Blockchain

The law is built on definitions. And “blockchain” may soon be getting formally defined by the U.S. federal government. To date, the 50 U.S. states have been left to their own devices in how they legislatively approach blockchain tech and the cryptoeconomy. What’s been missing has been overriding to..

Ripple Price Analysis: XRP Trading Near Inflection Point, Can It Recover?

Ripple price followed a bearish path below the $0.3400 and $0.3175 support levels. XRP/USD is currently trading near the key $0.3175-0.3200 resistance area and is struggling to continue higher. Ripple price declined steadily and even broke the $0.3000 support area. A crucial resistance is formed ne..

Ethereum Price Analysis: ETH Touches $200, Recovery Could Face Hurdles

Ethereum price declined nearly $100.00 in the past seven days and traded close to the $200.00 support. Similarly, there were heavy losses in bitcoin, ripple, EOS and other major altcoins. Ethereum price failed to climb above $280.00 and declined sharply below $245.00. ETH/USD is facing a major resi..

Flamin’ Hot: Binance Just Burned $24 Million Worth of BNB Coins

The leadership at Binance continues to strive toward bringing value to their users. This week, the Malta-based cryptocurrency exchange completed its eighth quarterly token burn, wherein nearly 809,000 BNB tokens were burned, that sum being worth approximately $24 million USD at the time of the burn..

Hacked: Bitpoint Exchange Loses $32 Million, Here’s What Went Down

Japanese cryptocurrency exchange Bitpoint has joined the long list of platforms that have lost millions to hackers. The exchange published a notice on its website, confirming “unauthorized outflow of virtual currency,” leading it to shut down operations pending the outcome of an internal investigati..

Trustless Trading: KyberSwap DEX Activates Non-Custodial Limit Orders

KyberSwap, the decentralized exchange backed by the Kyber Network, is angling to make its feature-rich DEX that much richer. On July 12th, Kyber’s builders announced the arrival of non-custodial limit orders on KyberSwap. The capability allows traders to set up trades to buy or sell a given cryptoc..

Busted: Spanish Drug Gang Who Laundered $10 Million With Bitcoin ATMs

Bitcoin automated teller machines (ATMs) are becoming increasingly used in today’s world. As of the time of writing this, there exist over 5,000 of these machines worldwide, up from 1,000 in 2017. While most of them seem innocuous, sitting mostly unused at the corner of coffee shops and gasoline sta..

Litecoin Price Analysis: LTC Recovers, Rising Wedge Forming

The price of Litecoin has recovered by a significant amount and with the price still being in an upward trajectory. Further upside movement would be expected but would only be corrective as another drop after its completion looks likely. Rising wedge pattern started forming Interaction with the $10..

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