Trade Recommendation: Stellar Lumens

Stellar Lumens (XLM/BTC) may be a laggard among its large cap peers. While Litecoin (LTC/BTC), Ethereum (ETH/BTC), and Ripple (XRP/BTC) have already established a short-term bottom and have pumped, Stellar Lumens still appears to be extremely bearish. However, the price action over the last few days makes us believe that the market may be ripe…

Naval: Killer App of Crypto is Socialism, Venezuela is a Prime Example

The killer application of crypto is socialism, said Naval Ravikant. The killer app for crypto is Socialism. — Naval (@naval) January 26, 2019 The prominent entrepreneur, who co-founded AngelList, a website dedicated to matching startups with investors, emphasized the use case of crypto at a time when socialism is failing in Venezuela. However, he didn’t…

Fifteen Alleged Operators of $8 Million Crypto Scam Arrested in Taiwan

Fifteen Alleged Operators of $8 Million Crypto Scam Arrested in Taiwan

Police in New Taipei, Taiwan, arrested fifteen suspects for allegedly running a cryptocurrency scam that raked in millions of dollars. Police in New Taipei, Taiwan, have arrested fifteen suspects for allegedly running a cryptocurrency scam that earned them millions of dollars, English-language local media Focus Taiwan reports on Jan. 26.According to the article, the chief…

$15.4 Billion of New Cryptocurrency Value Was Created During 2018

$15.4 Billion of New Cryptocurrency Value Was Created During 2018

A report recently published by Diar has estimated that nearly $15.42 billion of value was added to the market capitalization of the combined cryptocurrency markets in the form of newly created tokens and crypto asset inflation during 2018. Also Read: Bitcoin Climbs up China’s First Crypto Ranking of 2019 12 Percent of Current Crypto Market Cap…

Bitcoin Falls Under $3,600 Again as Most Top Cryptos See Mild Losses

Bitcoin Falls Under $3,600 Again as Most Top Cryptos See Mild Losses

The top 20 cryptocurrencies are reporting discrete losses, with Bitcoin falling under $3,600 again. Sunday, Jan. 27 — most of the top 20 cryptocurrencies are reporting slight losses on the day at press time. Bitcoin (BTC) is trading under $3,600 again, according to Coin360 data.Market visualization from Coin360At press time, Bitcoin is down nearly 2 percent…

The Daily: Crypto Wallet Raises $15 Million, Localbitcoins Suffers Vulnerability

The Daily: Crypto Wallet Raises $15 Million, Localbitcoins Suffers Vulnerability

In today’s edition of The Daily we feature another recent example of venture capital infusion into the cryptocurrency space as Japan’s SBI invests in the BRD wallet. We also cover a recent security vulnerability that was detected on the P2P exchange Localbitcoins, and a new AML/KYC compliance solution for stablecoins. Also Read: Galaxy Digital Is…

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