Day: February 8, 2019

Bitcoin Price Analysis: BTC Explosion, Surge 8.4%

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Bitcoin prices recover, find support from $3,400 Argentinians can now load their SUBE Travel Cards using Bitcoin Transaction volumes picking up, Bulls are back It was the objective of Satoshi Nakamoto to roll out a cash payment system. That is why efforts are being made to drive BTC to the mainstream, and aside from Wyoming, Argentinians using public transport means can load up their cards using BTC. No doubt, such efforts will help pump prices from spot rates. Bitcoin Price Analysis Fundamentals For Bitcoin to strive, then it must find…

Maltese Financial Regulator Issues Cybersecurity Consultation for Blockchain Industry

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The Malta Financial Services Authority (MFSA) has issued a consultation on cybersecurity, associated with new technologies such as blockchain, the agency tweeted on Feb. 8. In a consultation document called “Guidance Notes on Cybersecurity,” the MFSA suggested that the agency’s cybersecurity system should comply with international standards, including guidelines by the European Banking Authority (EBA). The guidance notes are also based on a list of recognized cybersecurity policies such as CryptoCurrency Security Standard (CCSS) that was introduced in 2014 to provide guidance for the secure management of cryptocurrencies. The guidance…

Crypto Bulls Rear Their Heads: Bitcoin (BTC) Surges 8%

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Bitcoin Up 8%, Surpasses $3,600 That’s right. For once in weeks, crypto bulls have reared their ugly heads, pushing the market dramatically higher in a few hours’ time. In the past few hours, Bitcoin (BTC) moved rapidly past $3,500, $3,600, and even $3,700 at one point, with lots of buy-side pressure to match. Interestingly, however, there have been no overt catalysts that have been reported. Thus, some claim that this move is nothing more than a ‘bear market rally’, where assets post short-term gains to form a ‘bull trap’ or…

Bitcoin, Ripple, Ethereum, Litecoin, EOS, Bitcoin Cash, Tron, Stellar, Binance Coin, Bitcoin SV: Price Analysis, Feb. 8

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The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Analysts are projecting various lower levels on Bitcoin where they anticipate it to bottom out. The number ranges from below $2,000 to about $2,500. Investment and analysis firm Fundstrat Global Advisors, which till a few months back was projecting a target of $15,000 on…

Fake Bakkt Website Emerges but Fails to Scam Crypto Investors

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A new Bitcoin (BTC) scam website has emerged. Back in 2017, when the cryptocurrency market hit mainstream news, scam sites began blowing up. Since everyone was so desperate to get their hands on digital currency or invest in a project that could give them 10X the return, the scammers often won. Now, cryptocurrency investors are much more cautious, and this new fake Bakkt website was easily identified. Fake Bakkt Website Caught In August of 2018, the Intercontinental Exchange (ICE) announced Bakkt would be launched in late-January 2019. ICE currently operates…

Wells Fargo Outage Makes the Case for Bitcoin (BTC) and Crypto

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The Wells Fargo outage is spilling over into its second day as more and more customers of the bank’s electronic services have little to no access to them. Many customers of the American bank who rely on convenient services such as online and mobile banking, direct deposits from wages and basic ATM services, have had to go for another 24 hours without knowing the fate of their bank accounts. Systems Shutdown due To Smoke Wells Fargo has since issued statements stating that it is working on solving the problem that…

Tron Price Analysis: TRX Up, Expect More Pumps Before Feb 11

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Tron prices picking up, up 3.7 percent in last day Binance CEO is confident; the exchange can weather all market conditions Transactional volumes below average; should increase as TRX demand swell Following a successful ICO, it was projected that TRX prices would expand as users flock to the coin because of BTT airdrop. However, many are disappointed. TRX prices are not rallying though it is trading within a bullish trend. Regardless, we retain a positive outlook and once prices clear 4 cents, demand will surge inevitably driving prices above 6…

‘Swiss Leaks’ HSBC Whistleblower Plans to Launch ‘Clean, Ethical’ Crypto Token

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Frenchman Hervé Falciani, a whistleblower who has been convicted of the largest leak in banking history, plans to launch an ethical cryptocurrency that would combat money-laundering and fraud, Reuters reported on Feb. 8. In 2015, Falciani was convicted in absentia by Swiss courts for aggravated financial espionage after leaking the details of ~30,000 accounts, holding almost $120 billion in assets at HSBC’s Swiss private bank. The evidence — which was alleged to have exposed a web of clients’ tax evasion, money laundering, and illicit financing schemes — has since triggered…

XRP Up 4.3%, Next Stop 60 Cents

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Ripple prices are back to green Binance is open for collaboration with Ripple There is an uptick in transactional volumes, XRP likely to register more gains Binance is open for collaboration, and xRapid incorporation may be on the cards. Assuming that happens, XRP will surely rally above 34 cents to 60 cents in a matter of days as our trade plan reiteration come to pass. Ripple Price Analysis Fundamentals Changpeng Zhao is straight up honest. In a recent podcast, he admitted that nothing is going on between Ripple and the…

A Fight Is Brewing Among QuadrigaCX Crypto Exchange’s Creditors

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Creditors of the failed cryptocurrency exchange QuadrigaCX are bracing for a fight – among themselves. Customers who had fiat currency balances at the exchange before it went offline and sought protection from creditors in a Canadian court last week are beginning to argue they should be paid back first from recovered assets. But they expect customers who stored crypto at QuadrigaCX to push back on such demands. And even some fiat holders say such prioritization would be unfair. “There seems to be a conflict going on between creditors themselves,” Canadian resident and…