Day: January 10, 2019

TRX Drop to 2.5 Cents Imminent

boss

Tron price fall 5.1 percent but is still bullish David Labhart joins the Tron Foundation as Head of Compliance Bear volumes high and above average–61 million versus 23 million In light of today’s candlestick arrangement and level of participation, TRX is likely to drop to 2.5 cents. However, should it found support; the bounce will see TRX clear 3 cents as bulls march to 4 cents by mid-February. Tron Price Analysis Overview At ninth, TRX market cap stands at $1.708 billion and $300 million away from flipping Litecoin as the…

Critical Vulnerabilities Leaking User Data Found on DX.Exchange, Patched Later

boss

Estonia-based cryptocurrency and tokenized stock exchange DX.Exchange has reportedly fixed a critical vulnerability that leaked sensitive user data. Technology news website Ars Technica reported on the security leak Jan. 9, citing an anonymous trader who conducted a security analysis of DX.Exchange. According to Ars Technica’s article, a trader, who wished to remain anonymous due to legal concerns, noticed that the exchange was sending sensitive data of other users to their browser. After examining the data, the trader has reportedly found that the data included other users’ authentication tokens and password…

BTC Slide 6.1%, Bull Party Over?

boss

Bitcoin price drop 6.1 percent after testing $4,100 Korean authorities approve seven exchanges compliant with their security measures The slide below $4,000 at the back of high transaction volumes After today’s losses, subsequent price action would determine whether BTC is within a necessary bull squeeze or the retest of $4,100 marked the beginning of bear trend and completion of a retest. After all, the dominant trend is bearish, and rejection of higher highs is at the 38.2 percent Fibonacci retracement level of Nov-Dec 2018 high low. Bitcoin Price Analysis Overview…

Ethereum Developers Unveil Ad-Free Blockchain Explorer

boss

Enjin, a dedicated Ethereum development team, has launched EnjinX, an ad-free universal blockchain explorer designed to make Ethereum data more accessible to mainstream markets. Offering a Google-like experience, the new blockchain search engine allows users to search transactions, tokens, and addresses. It features a clean interface that provides traders, gamers, and token holders a simple way to explore the Ethereum (ETH-USD) blockchain. World’s Fastest Ethereum Explorer Featured on Product Hunt, EnjinX is the world’s fastest Ethereum explorer by up to 30 seconds. It delivers blocks in real-time and even displays…

Dovish Fed Minutes Didn’t Save Crypto

boss

Highlights: Federal Reserve is close to the end of neutralizing interest rates after December hike. US stocks, forex instruments, and Gold extended gains Wednesday, but correcting Thursday. Bitcoin, Ethereum, XRP and the rest of the crypto market react negatively. Federal Reserve released the minutes of its December meeting which revealed that they would follow a wait-and-watch approach towards their interest rate hike plans. The US central bank suggested in December moderate rate hikes (up to 2.8 percent) but preferred to implement them only if warranted. ] The Federal Open Market Committee (FOMC)…

XRP Flash Crash, Flips Ethereum–Again

boss

Ripple price is down 5.7 percent but flips ETH from second Santander’s use of xCurrent has been beneficial Bear trading volumes spike Technically, XRP is bullish, but for buy trend continuation, prices must surge above 40 cents as reiterated in our last XRP/USD trade plans. At the moment, sellers appear to be in control and the 5.7 percent drop could trigger dumps in days to come. Ripple Price Analysis Overview Even at second, XRP bulls couldn’t stand the 45-minute flash crash. At spot prices, the coin is down 5.7 percent…

Keplerk Plans to Sell Bitcoin in 6500 Stores by February

boss

On January 8,  2019, the first six tobacco stores in France began selling bitcoin as a result of a deal inked with Keplerk, a French fintech company that intends to expand the sale of bitcoin to 6,500 more stores by February. 1000x Scale in Pipeline In November 2018, it was announced that Keplerk, a French fintech company, would be partnering with tobacco shops in France to make bitcoin as easily purchasable as cigarettes. Now, the first 6 tobacco shops in France have begun selling bitcoin alongside their products and according…

Ethereum Classic 51% Attack — The Reality of Proof-of-Work

boss

Just two weeks into the new year and the cryptocurrency community is grappling with the reality of an alleged “51 percent attack” on the Ethereum Classic (ETC) blockchain. While there is still no clear idea of who is responsible for the manipulation of ETC’s blockchain by controlling the majority of CPU power in the mining pool, the circumstances raise some big questions concerning the security and power of proof-of-work (PoW) algorithms. It is worth taking a look at the chain of events leading up to the confirmation that ETC had…

French Tobacco Shops Start Selling Bitcoin Despite Regulatory Uncertainty

boss

Several tobacco shops in Paris, France, have started selling Bitcoin (BTC) for fiat despite regulatory uncertainty, Reuters reports Tuesday, Jan. 8. Reuters has learned that the world’s largest cryptocurrency can now be purchased at six tobacco shops throughout Paris. However, in a contradicting report French magazine Capital has claimed that there are as many as 24 shops currently participating in the experiment backed by Keplerk — a French cryptocurrency wallet provider. According to Capital, customers can purchase Bitcoin for the sums of 50, 100 or 250 euros. The tobacco shop…

Bitrefill Launches Thor Lighting Channel For Bitcoin Transactions

boss

Bitrefill, a California-based that facilitates crypto payments, has launched its Thor Lightning Channel, a service that allows people to transfer bitcoin speedily and receive superfast payments via Bitrefill’s node on the Lightning Network, according to the firm on January 9, 2019. Lightning Fast Transactions Now Possible Bitrefill has launched Thor, a service the firm says makes it possible for anyone to get a vacant Lightning channel opened to them from its node on the Lightning network. Bitrefill says its Lightning node is well-connected and has custom capacities of between 300,000…