Cryptocurrency Analysis and News Portal
Taiwanese phone manufacturer HTC confirmed earlier this week that it would axe jobs to remain competitive and better focus on a handful of high-end products, including the EXODUS, its blockchain phone. HTC, which has around 3,000 employees, has not disclosed the scale of the lay-offs or the departments that will be
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In direct competition to ICE‘s Bakkt platform, cryptocurrency exchange ErisX has launched its physically-settled Bitcoin futures contracts. In an official announcement on Monday, December 17, ErisX said that it will make its futures contracts available in the U.S. as of now.The product dubbed “Futures Digital Currency Products” will start trading
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Bitcoin (BTC) scammers may be abandoning the cryptocurrency to focus on extorting money via prepaid debit cards, a new study suggests.Revealing its findings in a blog post on Dec. 16, cybersecurity company Kaspersky Lab highlighted a growing trend in Brazil as an example of hackers’ growing taste for prepaid
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Since the moment the Bitcoin (BTC) network went live over 10 years ago, developers have been working in the creation of new technologies that focus on bringing real use to the functionalities that the BTC network had within. Blockchain technology can be defined as a growing list of
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Privacy-focused altcoin Monero (XMR) will see arguably its best-known advocate step down as the project’s lead maintainer in an upcoming reshuffle. In a blog post on Dec. 16, representatives confirmed that Riccardo Spagni, known as fluffypony in cryptocurrency circles, will in the future serve as a backup maintainer. His replacement
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Crypto markets are in the doldrums at the moment, just as they were this time last year. A $10 billion dump on the week looks bad in the short term but things may not be that negative overall. One of the largest players in the industry has been on a
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The Income Tax Department of India is secretly training its officials to investigate cryptocurrencies. An internal guidebook circulated by the department explains cryptocurrencies, their characteristics, the “dark side of Bitcoin” and the best investigation practices for tax officials.The Indian government doesn’t consider cryptocurrencies as legal tender, but it also
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Bitcoin price is extending losses below the $6,800 support area against the US Dollar.A crucial support is waiting on the downside near $6,500 and $6,200.There is a new connecting bearish trend line forming with resistance near $6,740 on the hourly chart of the BTC/USD pair (data feed from Kraken).The bears
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The total crypto market cap is down more than $15.0B in the past three days.Bitcoin price is down around 4% and it even traded close to the $6,500 support.Litecoin (LTC) price is declining and it is now trading well below $40.00.BCH price dived more than 8% and it even broke
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Ripple price is diving below $0.1900 and it recently traded to a new 2-year low against the US dollar.It broke a significant support, opening the doors for further losses below $0.1800.There is a key bearish trend line forming with resistance near $0.2100 on the 4-hours chart of the XRP/USD pair
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