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CFTC Warns Against Cryptocurrency Pump-and-dump Schemes

February J, 2018
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CFTC Warns Against Cryptocurrency Pump-and-dump Schemes The rising popularity of cryptocurrencies is of great concern. Especially when it comes to pump-and-dump schemes, there’s reason to be concerned. As such, the CFTC issued an official warning against this type of market manipulation. They advise customers to avoid such schemes, especially when it comes to small and new altcoin markets. It is evident doing one’s research is always the best course of action. In the world of cryptocurrency, pump-and-dump schemes are nothing…

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What Could Lift Bitcoin, Ripple, Ethereum, And Litecoin Prices Back Towards New Highs

February J, 2018
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What Could Lift Bitcoin, Ripple, Ethereum, And Litecoin Prices Back Towards New Highs The cryptocurrency party is on again. After being in a deep correction for a few weeks, Bitcoin, Ethereum, Ripple, and Litecoin have been coming back nicely over the last week, gaining 19.87%, 10.48%, 30.57%, and 53.90% respectively—see table 1.   Table 1   7-Day Price Change For Major Cryptocurrencie Source: Coinmarketcap.com 2/16/18 at 10:30 a.m.   The turnaround in cryptocurrency markets comes as equity markets rebounded from…

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Bitcoin Price Technical Analysis for 16th Feb – One More Hurdle to Clear

February J, 2018
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Bitcoin Price Technical Analysis for 16th Feb – One More Hurdle to Clear Bitcoin Price Key Highlights Bitcoin price has broken past its inverse head and shoulders pattern neckline to show that an uptrend is in the cards. Price is hitting another upside barrier at its descending trend line, though, and this might prompt profit-taking. Technical indicators are also suggesting that the rally is overdone. Bitcoin price is testing the descending trend line on its 4-hour time frame, and moving…

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Cryptocurrency latest – Unprecedented Bitcoin legal battles BAFFLE top regulation lawyers

February J, 2018
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Cryptocurrency latest – Unprecedented Bitcoin legal battles BAFFLE top regulation lawyers UNPRECEDENTED legal battles are set to take place in the UK after it was reported that divorce lawyers are struggling to come up with settlement agreements over cryptocurrencies. The unusual legal cases are said to concern at least three couples looking to legally separate. One pair has a fortune of £600,000 in cryptocurrencies that they are currently struggling to agree how to split. The lack of regulation surrounding the…

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Bitcoin Price Technical Analysis for 14th Feb – Sitting Tight for a Breakout

February J, 2018
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Bitcoin Price Technical Analysis for 14th Feb – Sitting Tight for a Breakout Bitcoin Price Key Highlights Bitcoin price is currently consolidating, forming higher lows and lower highs inside a triangle pattern. Price is bouncing off support and might be due for a test of resistance soon. Technical indicators are also suggesting that the bounce could take place, possibly even leading to an upside break. Bitcoin price is finding support at the bottom of its triangle consolidation and may be…

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Bitcoin Price Analysis – The bottom is likely in

February J, 2018
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Bitcoin Price Analysis – The bottom is likely in Bitcoin (BTC) has risen ~50% over the past week following a ~60% drop throughout early January and February. The leading cryptocurrency now has a market cap of ~US$150 billion, with over US$3.5 billion traded over the past 24 hours. The mining sector is heating up rapidly all over the world, bringing additional decentralization to an industry that has been concentrated in China for many years. While being compared to a gold…

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Prices Aside, Crypto’s Tech Stack Is Steadily Improving

February J, 2018
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Prices Aside, Crypto's Tech Stack Is Steadily Improving Rachel Rose O'Leary and Alyssa Hertig Feb 11, 2018 at 14:45 UTC   A look at the headlines of late may leave you with a familiar conclusion – with all the ups and downs in the market, it's just too early to take crypto seriously. And it's true, despite the best efforts of even the industry's most notable developers, the world's largest cryptocurrencies remain not just volatile, but difficult (and risky) to…

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Is Darknet Done With Bitcoin

February J, 2018
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Is Darknet Done With Bitcoin? A new study by Recorded Future has found that Bitcoin is losing its position as the number one currency on the Darknet markets. The Internet tech company analyzed 150 of the most active message boards, marketplaces, and illicit service providers and noticed that the Darknet communities sentiments toward Bitcoin have taken a turn. The Darknet economy The Darknet is an Internet that uses non-standard communication protocols and ports to make it a bit more difficult…

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Russian nuclear scientists arrested for Bitcoin mining plot

February J, 2018
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Russian nuclear scientists arrested for Bitcoin mining plot Russian security officers have arrested several scientists working at a top-secret Russian nuclear warhead facility for allegedly mining crypto-currencies. The suspects had tried to use one of Russia's most powerful supercomputers to mine Bitcoins, media reports say. The Federal Nuclear Centre in Sarov, western Russia, is a restricted area. The centre's press service said: "There has been an unsanctioned attempt to use computer facilities for private purposes including so-called mining." The supercomputer…

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Bitcoin Price Technical Analysis for 9th Feb 2018 – Slow But Steady Climb

February J, 2018
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Bitcoin Price Technical Analysis for 9th Feb 2018 – Slow But Steady Climb Bitcoin Price Key Highlights Bitcoin price is testing an area of interest at the $8,000 major psychological level which lines up with several support levels. For one, this is the bottom of a short-term ascending channel visible on the 1-hour time frame. This also coincides with the 61.8% Fibonacci retracement level, which already appears to have held as a floor. Bitcoin price could be due for a…

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