Over the last couple months, we’ve been tracking a potential Distribution Trading Range at the top of bitcoin’s market cycle. Today, we have received higher confidence that bitcoin may have topped out. At around 3:00 p.m. EST, bitcoin broke through the bottom of the trading range and is now seeing aggressive
It's been a day of major losses so far across the cryptocurrency markets, with the top 20 all in the red and a big chunk knocked off the total value.
Ripple's XRP token fell to a 2.5-week low today, and is looking at a more or less sideways movement in the short-term, chart analysis suggests.
The vice governor of China's central bank is reportedly seeking a wider ban on services related to cryptocurrency trading in the country.
On January 13, an unknown hacker(s) hijacked the DNS server for BlackWallet.co, a web-based wallet for the Stellar Lumens cryptocurrency, and redirected it to their own server.Security researcher Kevin Beaumont, who analyzed the code, said, “The DNS hijack of Blackwallet injected code, if you had over
In a recent article on the basics of bitcoin and other cryptocurrencies (PDF), Aleksander Berentsen and Fabian Schär of the Federal Reserve Bank of St. Louis cover the usefulness of bitcoin and other alternative cryptoassets.Throughout the article, Berentsen and Schär make the case that cryptoassets
In a paper written in the fall of 2017 and published on the Social Science Research Network (SSRN) on Friday, January 12, 2018, Credit Suisse’s Dietmar Peetz and Gregory Mall argue that the boom in the initial coin offering (ICO) market is the clearest indicator of a bubble in bitcoin.Zurich-based Credit
The Institutes has announced a new blockchain framework called RiskBlock to provide more streamlined and secure proof of insurance. Nationwide Insurance is the first company to begin rolling out product on the platform.RiskBlock is the first blockchain framework delivered from the newly formed RiskBlock
Blockchain-based startups, many of which are using their own crypto tokens, are taking aim at the centralized monopolies on the web today.
South Korea's citizens reacted angrily to a proposed ban on cryptocurrency exchanges, with politicians and residents alike condemning the move.
January 12, 2018 – Nick Parsons | Posted by OFX United States Dollar The last 48 hours have been pretty wild for the US Dollar. ‘Fake news’ from China had seen it fall sharply then erase all its losses before the ECB’s bombshell hit the foreign exchange market on Thursday and sent the USD tumbling …
Bitcoin is back around $14,000 and could be in for a phase of rangebound trading as the markets come to terms with regulatory noises from South Korea.
Voatz, a startup based in Boston, MA, promises to dispel some of the biggest challenges associated with voting: access, security, transparency and efficiency. The company plans to achieve this goal by combining internet-based voting with blockchain technology.What is Voatz?Voatz enables voters to make
South Korea's Presidential Office said today that a plan to ban trading cryptocurrencies via exchanges in the nation is still not set in stone.
The bitcoin market has been getting chopped to pieces for weeks as the market has faked up, faked down, consolidated and routinely stopped out traders. Last week, we discussed a potential large move due to a consolidated symmetrical triangle. However, the breakout failed to garner any momentum and ultimately
In December 2017, an interesting rumor surfaced: According to “sources familiar with the matter,” the messaging app Telegram, very popular among crypto-enthusiasts for its strong encryption and privacy features, would launch its own blockchain platform and cryptocurrency.On January 8, 2018, TechCrunch
Investing.com - The dollar was broadly lower against a currency basket on Wednesday after a report that China may slow or halt its U.S. treasury purchases, with the greenback falling more than 1% against the Japanese yen.