Cryptocurrency Analysis and News Portal
On June 11, it came to light that California resident Richard Yuan Li had been charged with conspiracy to commit wire fraud for his role in a number of SIM swap attacks that targeted at least 20 individuals. Not only that, but as part of his elaborate money swindling scheme
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After the Fed announced some new recovery measures on Monday, Bitcoin price responded positively in cue with the stock markets.In a major recovery, Bitcoin price has surged 4% today trading above $9500. This recovery comes after BTC trading in a close range of $8900-$9000 over the last weekend. At the
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Ethereum has been holding up quite well against Bitcoin despite seeing some slight weakness throughout the past week after facing a harsh rejection at its local highs of $255.The cryptocurrency now appears to be well-positioned to see further upside in the near-term, as analysts are noting that it has been
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[sociallocker id="55298"] Bitcoin automated teller machines (BATMs) will become the next target for regulators, as world governments tighten screws on money laundering.According to Ciphertrace CTO John Jeffries, crypto-cash machines will attract “greater…regulatory focus” in a bid to rein-in alleged cross-border illicit financial transfers.Jeffries urged “the need for more uniform
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After spending the last few days battling to hold prices above the $9,000 resistance, Bitcoin (BTC) price made a strong move by surging to $9,380 on Wednesday morning. The 3.65% move took place on a high volume surge but the price quickly pulled back to $9,126 before moving higher to
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The short-term moving average on Bitcoin’s daily chart is flattening out.The phenomenon comes after the cryptocurrency hits the highest level since mid-March sell-off.Coupled with favorable fundamentals, such as halving, the MA indicates an extended bull run towards or beyond $9,000.A lagging technical indicator that determines bitcoin’s near-term market bias has
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Venture Smart Asia has launched Hong Kong’s first approved cryptocurrency fund with a target of $100 million under management for its first year.According to an April 20 Bloomberg report, Arrano Capital, the blockchain arm of Venture Smart Asia, announced the rollout of a new Bitcoin (BTC) fund in Hong Kong.
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Bitcoin is slowly gaining momentum and it broke the $7,000 resistance against the US Dollar. BTC is showing positive signs and it is likely to surge towards $7,500 and $8,200.Bitcoin is up more than 5% from the $6,500 swing low formed this past week.The bulls are gaining momentum above $7,500
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Less than 24-hours ago Bitcoin (BTC) price dropped to a two week low at $6,468, inciting calls for a revisit to the sub-$6K zone but the digital asset deftly shook off the bears by reversing course to rally to $7,190. At the time of writing the Bitcoin trades slightly above
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Ripple is following a nice uptrend and trading above the $0.1750 support against the US Dollar. XRP price is likely to rally significantly if it clears the $0.1870 resistance.Ripple price is slowly gaining bullish momentum above the $0.1800 level against the US dollar.The price is facing a strong barrier near
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