Day: October 6, 2018

Bitcoin price surges as expert predict more gains in the near future

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According to an expert, bitcoin may experience more gains in the near future after the digital currency saw gains on Friday. He added that the coin is close is bottoming and we should expect more following the recent developments surrounding the coin that may see a change in the current wave. Price Analysis Currently, the 100 SMA is above the longer-term 200 SMA to signal that the path of least resistance is to the upside. As such, resistance is more likely to break that to hold. Nonetheless, the moving averages…

More Bitcoin ATMs for Argentina Amidst Country’s Financial Crisis

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Two companies plan to install more Bitcoin ATMs for Argentina, amidst the country’s financial crisis. Bitcoin to the Rescue Argentina’s financial crisis will be eased, with the introduction of more BTC ATMs in the country. Two U.S. based companies, Athena Bitcoin and Odyssey Group, plan to install more BTC ATMs around the South American country, bringing a ray of hope to its citizens. According to Reuters, Athena Bitcoin, set up Argentina’s first cryptocurrency ATM in a shopping mall in the capital, in September. Odyssey also said that it would install…

Goldman Sachs-Backed Firm Acquires Crypto Startup to Issue Tokenized Securities

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Circle Internet Financial, one of the markets most well-known and well-funded crypto startups is acquiring crowdfunding firm SeedInvest in order to make it easier for startups to issue digital coins and to allow its customers to trade a greater variety of digital tokens. Major Development in Tokenized Securities SeedInvest was founded in 2012, and is a unique platform that allows investors, from anywhere in the world, to invest in startup companies, an ability that is typically reserved for wealthy investors who meet specific requirements set forth by global regulatory agencies.…

Number of Compromised Routers in India Doubled, Reaching Almost 30,000

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A recent report by security company Banbreach has found that in the past month, the number of routers compromised by cryptojacking software in India has doubled. The report indicates that hackers have cracked over 30,000 routers within the country, Hard Fork reported Oct. 5. Banbreach managed to track Internet traffic and detect all devices on the Internet with public IP addresses, which made it possible to examine traffic passing through routers. In the course of its research, Banbreach grouped populated areas of India into three categories from most to least…

‘Bitcoin Is Close to Bottoming’

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Spencer Bogart, an expert from digital currency and blockchain venture firm Blockchain Capital has said that the Bitcoin (BTC) price has nearly found its bottom, CNBC reported Oct. 5. Speaking on CNBC’s “Fast Money,” Bogart asserted that “we’re down about 70 percent from our highs, so I think that Bitcoin is close to bottoming and so is the rest of the market.” Bogart added that the news flow regarding the cryptocurrency industry “is a piece of kindling that we are going to throw onto a future crypto bonfire when we…

LTC is an institutional Grade Investment, Bull aim at $70

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Still, Litecoin is ranging within a $20 zone with upsides at $70. Though we are expectant at the back of strong fundamentals and technical formations, our Litecoin trade plans shall be solid if and only if our trading conditions are met. Latest Litecoin News Relying on the so called experts can be dashing for your portfolio. While they may be right and authoritative, an investor should take initiative and research before making an investment decision. When LTC was created in 2011 the different hashing algo for mining & 2.5 minute…

High-Earning Millennial Men are Most Interested in Crypto Investing

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Recent research by blockchain-focused company Clovr has revealed that cryptocurrency investing is most popular among millennials earning from $75,000 to $99,999 annually. The survey collected responses from over 1,000 Americans between ages 18 and 80. Per the survey, men are almost twice as likely as any other generation to invest in digital currencies, with 43 percent of men and 23 percent of women investing in crypto. 47 percent of individuals with an annual income not less than $75,000 annually have invested in digital assets, while less than a quarter of…

Tron, Cardano Could Lead Altcoin Break outs

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Thanks to a one percent gain in the last day, Cardano is the top performer in the top 10 with Tron leading after adding 1.5 percent. All in all, we anticipate gains today and that’s why we recommend buying on dips at spot rates with stops at fitting support levels. In the meantime, patience should prevail in XLM, EOS and in Litecoin since prices are still below key resistance levels. Let’s have a look at these charts: EOS Price Analysis As the week concludes, EOS price continue to oscillate within…

Element Analysts Believe Bitcoin Market Has “Ran Out of Juice”

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Element Group, a cryptocurrency economics and digital assets solutions analyst, published a report explaining that the SEC’s delay in approving bitcoin ETF proposals is the primary reason why the market has become so boring in recent weeks. Crypto Market Has Become Boring BTC/USD | Bitfinex “One can argue that the depressed volatility patterns we’re seeing with bitcoin is the market slowly adopting bitcoin as a [Store of Value] SoV,” wrote Element analysts, Thejas Nalval and Kevin Luon, in the report published last week. However, they added that it seemed like…

Element Analysts Believe Bitcoin Market Has “Ran Out of Juice”

boss

Element Group, a cryptocurrency economics and digital assets solutions analyst, published a report explaining that the SEC’s delay in approving bitcoin ETF proposals is the primary reason why the market has become so boring in recent weeks. Crypto Market Has Become Boring BTC/USD | Bitfinex “One can argue that the depressed volatility patterns we’re seeing with bitcoin is the market slowly adopting bitcoin as a [Store of Value] SoV,” wrote Element analysts, Thejas Nalval and Kevin Luon, in the report published last week. However, they added that it seemed like…