A broader selloff in the crypto market initially affected NEM (XEM) price, but the XEM selloff increased further after the theft of $530 million of NEM coins from the Japanese Coincheck cryptocurrency exchange. The NEM Price Crash looks set to continue but why? Improved market sentiment and an easing of regulatory concerns, lifted the entire cryptocurrency market throughout…
Key Highlights: Bitcoin Cash surged past the $1,500 mark today, hitting a high of $1,545 There is a major bullish trend line forming with a support level of $1,455 BCH is moving upward to test a major resistance at $1,505 Bitcoin Cash Moves Past $1,500, Testing New Resistance Bitcoin Cash price moved past the $1,500…
Many coins are up right now, but Populous (PPT) and 0x (ZRX) are the leading coins today. Populous (PPT) Populous is currently the 25th largest cryptocurrency with a market cap of $1.1 billion. At the time of writing, Populous is selling for $31.05, which puts the altcoin up 24.30% in the past 24 hours. This makes…
Swiss ICO guidelines: Switzerland’s financial regulators have issued new guidelines which would treat some locally sold ICO tokens as securities in support of the cryptocurrency market. In its press release today, the Financial Market Supervisory Authority (FINMA) acknowledged the sharp rise in the number of ICOs launching in Switzerland. Currently, four of the 10 biggest…
Where are the cheapest and best places for Bitcoin mining? Bitcoin mining takes energy – and lots of it – so it’s not the cheapest past time. Dedicated Bitcoin mining machines require a cold climate, low-cost electricity, and high-speed internet for optimal results. Here’s a list of some of the most popular places for Bitcoin…
Monero (XMR) shocked the crypto markets recently when anonymous hackers mined Monero from smartphones and computers. The malware to do this was spread to more than 4000 sites. Its malware’s potential to mine smartphones or computers has again raised concerns about social security and privacy. However, some are impressed with the malware’s power to read a computer’s processing power. For…
Following yesterday’s rally back to $10,000, BTC/USD remained steady above that level today, trading between $9,900 and $10,200 throughout most of the morning. Bitcoin Shows Strength Above $10,000 After bouncing back to $10,000, Bitcoin is now showing strength and gearing up for possibly a run toward $10,500. For the past few hours, BTC has been…
NEO and Bitcoin Cash (BCH) lead the rally in the crypto market while other coins are struggling. Several top ten coins were doing well all week, have now begun to waver. Ripple (XRP) is down; as are Stellar (XLM) and EOS. Within in the top ten cryptocurrencies, NEO and Bitcoin Cash are in the lead.…
Inflating prices through Pump and Dump schemes isn’t new to the stock markets; the unregulated and anonymous nature of cryptocurrencies makes it easier for scammers to manipulate stock prices. NEM (XEM) President Lon Wong believes price manipulation is unavoidable in cryptocurrency markets saying: “Price manipulation is not something new. You see it in mainstream markets as…
Welcome to the Crypto Olympics: Day 7 Check out Day 6 of the Crypto Olympics Coin vs. Coin – who will be crowned the Crypto Olympics Champ? We’ve finally made it to our first round of semi-finals! Congratulations to all our participating coins so far, but there can only be one Ultimate Coin. Today’s semi-finalists…
