Iceland has become the premier hotspot for cryptocurrency mining, more specifically Bitcoin, and the countries officials are now in a panic. With its cool temperatures, it makes it the perfect location to keep these hot data mining centers cool, without the need for extra air conditioning. While Bitcoin’s price has been on the decline within’…
Bitcoin Cash’s downside has been confirmed as it falls to $1,200. Key Highlights: Bitcoin Cash failed to maintain its price above $1,300 this week, falling back to the $1,200 range Currently, BCH is trading at $1,235, but it may decline back down to near $1,200, which is now a key support level BCH failed to…
Key Highlights: Coming off a seven-day high of $166.56 this weekend, Litecoin dropped down below $150 before bouncing back to its current price of $158.50 A critical support level is established at $156 The bollinger bands are showing a triangle pattern, taking LTC to a range between $157 and $159 Litecoin Holds Support At $156…
It has been a pretty stagnant day on the cryptocurrency market, as most are seeing only minor gains or losses across the board. Stellar (XLM) and Ethereum Classic (ETC) are among the biggest gainers for today at an average of a 10% gain. Here are some updates on how some coins are panning out on…
ICO Red Flags Every Investor Should Be Aware Of There are a lot of ICOs out there. ICObench alone has 331 upcoming ICOs listed, 641 ongoing ICOs listed, and an additional 908 ICOs that have already ended. You don’t want to invest in just any ICO either. You want to invest in the best ICO.…
Switzerland just took the blockchain sector to a whole other level – enter the first tokenized car. What Happened? The world has now been informed that a Porsche dealer in Switzerland has teamed up with TEND, which is an ethereum-powered market, to put a luxury sports car on a blockchain. Not just any sports car,…
Bitcoin thief Sergey Sergeyevich Medvedev, a Russian national and co-founder of Infraud, has been arrested in Bangkok by the Federal Bureau of Investigation (FBI). At his time of arrest, the cybercrime expert had in his possession more than 100,000 Bitcoins. Infraud; a dark-web marketplace, was seized and taken offline by U.S authorities. The website was a one-stop-shop…
The crypto market continues to struggle today, but many of the top ten cryptocurrencies are just on the cusp of being up rather than down. Cardano (ADA) and Litecoin (LTC) are included here, each altcoin with less than a 1% loss at the moment. There are a number of reasons why the crypto market might…
By now, it is a known fact that the cryptocurrency industry comes with a significant amount of risk. Up until this point, however, the public has called for banks, governments, and exchanges to take more responsibility for all of the risks investors might come across. However, based on an interview posted today with CNBC, it…
Distributed-ledger technology Putting the semantics to bed early, blockchain is the name designated to a string or chain of transaction records (blocks), cryptographically signed with “hashes,” or digital signatures. Though undoubtedly the most high-profile application of blockchain, the bitcoin network is just one example of how cryptocurrencies and other transactions can use this technology. Blockchain…
