Day: July 15, 2018

Crypto Markets Keep Building Momentum, Bitcoin Inches Towards $6,400

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Sunday, July 15: crypto markets continue building momentum, with nine out of the top ten cryptocurrencies by market cap firmly in the green, according to Coinmarketcap. Market visualization from Coin360 Bitcoin (BTC) has gone above the $6,300 mark, up about 1.5 percent over the past 24 hours, trading at $6,354 at press time. The top cryptocurrency continues its growth after dipping to an intraweek low of $6,180 on Friday. Bitcoin price chart. Source: Cointelegraph Bitcoin Price Index Ethereum (ETH) is up 3.4 percent on the day, trading at $448 at…

Crypto Wallets Security: Explained

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6. No. All wallets differ by online and offline types, and the security mechanisms differ respectively. The majority of existing online cloud wallets, or so called ‘hot’ wallets, use two-factor authentication, in case hackers try to enter your email. ‘Warm’ wallets, the ones that you install as a software to your computer, or as an app to you smartphone, use 12-word backup phrase and pin-codes. ‘Cold’ wallets are hardware ones, that are located at a USB stick or a special gadget — it seems like the most secure way so…

Ether and Bitcoin Cash Rise 3% as Market Adds $8 Bln, Can it Sustain Momentum?

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Over the past 24 hours, the crypto market has added $8 billion to its valuation, as the price of Bitcoin Cash and Ether rose by more than 3 percent. Very Low Volume The bitcoin price came close to breaching the $6,400 level but failed to continue its corrective rally above the $6,400 region. As of July 15, the price of bitcoin remains at around $6,350, after demonstrating a daily gain of around 1.9 percent. Bitcoin Cash and ether, the native cryptocurrency of the Ethereum blockchain network, rose by 3.5 percent,…

Top Swiss Stock Exchange Says It Is ‘Open’ to Offering Crypto Trading on Its Platform

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SIX Group, the parent company of Switzerland’s principal stock exchange, has revealed that it is “open” to the possibility of offering cryptocurrency trading services on its digital trading platform. The platform, still in development, is set to launch by mid-2019, SIX Group’s spokesman told the Swissinfo news outlet in an interview July 15. Swiss Infrastructure and Exchange (SIX) Group operates the country’s largest stock market, and is planning to launch a “fully-regulated” platform for digital asset trading by mid-2019. The service is set to offer a “complete” range of services…

While Mining ETH is a ‘Side Hustle’ for Google Co-Founder, Mining BTC for Russians May Fund Election ‘Interference’

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Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link. Top Stories This Week US Charges 12 Russian Intelligence Officers With Crypto-Funded Election “Interference” The U.S. Department of Justice released an indictment this week that charged twelve Russian nationals with the intention to “interfere” in the 2016 U.S. presidential elections. According to the indictment, Russian officials from…

Universities Racing to Provide Lectures on Crypto: Opportunities and Pitfalls

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Knowledge is power, particularly in the Information Age, where an understanding of ‘the new’ can provide an edge over the competition. This is why, barely a year since crypto exploded into mainstream awareness — and long before it’s likely to enjoy blanket adoption — it’s already been the object of a growing number of university courses. While a minority of these have focused on the actual coding, computer science and cryptography lying behind cryptocurrencies, most others have sought to provide a detailed introduction to crypto, so that a more business-focused…

Chile Court of Appeals Orders Bank to Resume Business With Crypto Exchange Orionx

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Chilean Court of Appeals has ruled in favor of crypto exchange Orionx, resolving that the state-owned bank Banco Estado should reopen the company’s deposit account, local news outlet La Tercera reported July 12. The Fourth Chamber of the Court of Appeals of Santiago has accepted the appeal filed by Orionx crypto exchange against Banco Estado, which closed the company’s deposit account in late March. At that time, the bank cited the lack of “regulatory recognition of [cryptocurrency trading]” as justification for its decision. Now, by the ruling of the Court…

Leading Advertisers Tap Blockchain to Crack Down on Frivolous Spending

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Blockchain has already revolutionized a lot of different industries. Now a growing number of digital marketers are using the technology as an aide for a variety of tasks, including to see how many of their ads are actually being viewed by real people. Advertises are drawn to blockchain for a couple of different reasons. Some hope new developments will increase the speed of blockchains and make it possible for digital ad transactions to be fulfilled in real time. Others see the immutability of blockchain as an advantage when it comes…

Bitcoin Price Weekly Analysis: BTC/USD’s Triangle Break Near

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Key Points Bitcoin price formed a decent support near $6,050 and recovered against the US Dollar. There is a key triangle forming with resistance near $6,300 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is facing many hurdles on the upside near the $6,300 and $6,450 levels. Bitcoin price is preparing for the next move above $6,300 against the US Dollar. BTC/USD could trade higher if buyers succeed in pushing the price above $6,450. Bitcoin Price Resistances This past week, there was a sharp…

Ethereum Price Weekly Analysis: What’s Next for ETH/USD?

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Key Highlights ETH price remains in a bearish trend below the $450 resistance area against the US Dollar. There is a declining channel formed with current resistance at $439 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is facing many resistances on the upside such as $439, $455 and the 100 SMA. Ethereum price is struggling to gain bullish momentum versus the US Dollar and Bitcoin. ETH/USD could make a bullish move as long as it is above $417. Ethereum Price Trend This past week, there…