Bitcoin Fees Temporarily Less Than BCH, Can This Continue?

Transaction fees are a hot topic of debate in the cryptocurrency world. There are numerous discussions regarding Bitcoin versus Bitcoin Cash fees in this regard. It now seems the average Bitcoin transaction cost is lower than that of BCH. As is usually the case, such a temporary snapshot can look very different in a few…

Bitcoin and Crypto on Continuous Decline: Major Factors and Trends

The year 2018 hasn’t been kind to the cryptocurrency and bitcoin industry. All markets are bleeding value for nearly five full months now. There are various factors which may contribute to this ongoing decline. Besides potential market manipulation, a few other trends are also worth taking into account. The Negative Cryptocurrency Trends Perhaps the most…

One of the Largest Banks in the Philippines is Implementing Ethereum With ConsenSys

UnionBank, one of the biggest banks in the Philippines, is working with US-based blockchain software technology company ConsenSys founded by Ethereum co-founder Joseph Lubin to assist local financial institutions in integrating Ethereum and blockchain-based platforms. Remittance-Focused Industry The Philippines has a unique financial infrastructure, and the banks are aware that only the upper class and…

South Korea’s Biggest Cryptocurrency Exchange Will Ban Trading in North Korea and Iran

Bithumb, South Korea’s biggest cryptocurrency exchange alongside UPbit, has banned digital asset trading in North Korea, Iran, Iraq, Sri Lanka, and seven other countries that are considered as high-risk jurisdictions by the Non-Cooperative Countries and Territories (NCCT) Initiative. Beginning May 28, the Bithumb team stated that to prevent its infrastructure and platform from being used…

Bitcoin Price Weekly Analysis: Can BTC/USD Hold $7K?

Key Points Bitcoin price remained in a bearish zone above the $7,000 support against the US Dollar. There is a key declining channel forming with resistance at $7,600 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair has to stay above the $7,200 and $7,000 support levels to avoid a…

Ripple Price Analysis: XRP/USD Showing Positive Signs

Key Highlights Ripple price traded as low as $0.5758 before starting a correction against the US dollar. This week’s followed crucial bearish trend line with resistance at $0.6200 was broken on the hourly chart of the XRP/USD pair (data source from Kraken). The pair may correct further higher, but it may face a strong selling…

Ethereum Price Analysis: Can ETH/USD Break 100 SMA?

Key Highlights ETH price has started an upside correction and it moved above $590 against the US Dollar. There was a break above a key bearish trend line with resistance at $592 on the hourly chart of ETH/USD (data feed via Kraken). The pair is now approaching another important bearish trend line with resistance at…

Bitcoin (BTC) Price Watch: Can It Finally Bounce?

Bitcoin Price Key Highlights Bitcoin price is still inside its symmetrical triangle formation and is currently testing support. A bounce could take it back up to the resistance around $9,000 while a break lower could lead to a test of the next support at $6,500. Technical indicators are showing mixed signals, so the move could…

Asian Cryptocurrency Trading Roundup: Regional Exchanges Dominate EOS Trade

FOMO Moments There has been a slight market rebound today which is expected after three days of heavy losses. Yesterday’s news on US lawmakers investigating price manipulation is a good thing for overall market sentiment. Bitcoin however has failed to rally along with many of the other cryptos indicating that the bears could still be…

Bitcoin Cash Price Analysis: Can BCH/USD Recover?

Key Points Bitcoin cash price found support near $950 and started an upside move against the US Dollar. This week’s crucial bearish trend line with resistance at $1,040 was breached on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is now trading above the $1,020 resistance and it may correct…

Report: Criminals Have Stolen $1.2 Billion in Cryptocurrencies Since 2017

New estimates have found that criminals have stolen around $1.2 billion in cryptocurrencies since the start of 2017, further highlighting how the market is becoming a lucrative market to criminals. EU GDPR Law May Impact Criminal Investigations The figure was released by the Anti-Phishing Working Group (APWG), which was looking into the cryptocurrency market in addition…

Bitcoin Gold Hacked for $18 Million

  It appears Bitcoin Gold (BTG) has been double spend attacked over and over again, totalling something in the neighborhood of $18 million at current prices. BTG forums seem to have been tracking the hack, going as far back as last week, monitoring the controversial coin’s hashrate, ultimately determining a 51% attack was under way.…

Ireland Clarifies Taxation of Crypto Transactions

The Irish revenue service has published a manual with guidelines aimed at eliminating the uncertainty surrounding the taxation of crypto transactions. Investors and traders of digital coins, businesses working with cryptocurrency and tax advisors, of course, can now find answers to many but not all of their questions. The notice has been issued at a…

Dash partners with Rewards.com, enables customers to earn Dash on purchases

According to the press release released on 24th May, Dash announced a partnership with Rewards.com. With this, users can not only earn Dash but will also be able to make purchases on Rewards.com using Dash. However, using Dash as a payment option will be made available in Q4 this year. This will also make Dash the…

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