Day: April 8, 2019

Bitcoin Exchange Bgogo Launching “IEO” as IOU – Without Consent

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Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Bgogo is an exchange which isn’t listed in the top 100 exchanges by adjusted volume. They reported an impressive $500+ million in the past 24 hours. Adjusted volume on CoinMarketCap.com…

Tron CEO Justin Sun Donates $1.5 Million to Alibaba Co-Founder Jack Ma’s University

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Tron and BitTorrent CEO Justin Sun has donated $1.5 million to the Hupan University established by Alibaba’s co-founder Jack Ma, according to a press release shared with Cointelegraph on April 8. The Hupan University was launched in 2015 by Ma in a bid to help entrepreneurs and business owners learn core business skills needed for further development and promotion in the Chinese market. Sun’s contribution will purportedly support the next class of 41 students from 14 industries, with about half representing the Internet sector and half the traditional sector. Commenting…

Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash, EOS, Binance Coin, Stellar, Cardano, TRON: Price Analysis April 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. After the recent rally from the lows, one indicator has reached overbought levels last seen in Dec. 2017, according to Bloomberg Intelligence analyst Mike McGlone. Historically, such overbought levels have resulted in multi-week downturns and McGlone expects one to start after the recent up-move.…

Will Ripple (XRP) Drop to 34 Cents? xRapid and Building Determiners

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Ripple (XRP) up 14 cents in the last week Building and strategic partnership will drive adoption helping support Ripple (XRP) prices Chris Larsen is part of the IMF Advisory Board, remains the co-founder of Ripple and recently donated $25 million in XRP at the San Francisco State University. Whether that will elevate Ripple Inc profile, we are not yet visible but what is clear is that Ripple (XRP) buyers are back. Ripple Price Analysis Fundamentals Not surprising, Ripple is actively building and on the other, they are striking partnerships, and…

‘Bitcoin Price’ is a Meaningless Metric: Russian Economist

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Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Vladislav Ginko, semi-famous for making lots of people in the crypto space believe that Russia was going to buy a massive amount of Bitcoin, took to Twitter recently to tell…

Are Prospects of Tron—Ethereum Merger and Side-chains Supporting TRX Bulls?

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Tron (TRX) buyers in control, add 19 percent from last week’s close. Sun Network introduces sidechains expanding Tron’s capacity. They may be feuding and posting sarcastic comments, but Justin Sun says Ethereum collaboration may happen this year. If anything, that is bullish, and once it is official, Tron (TRX) will easily expand above 4 cents. Tron Price Analysis Fundamentals Here’s one fact. Vitalik, the resolute and the unyielding founder of Ethereum will lose faith in humanity if Tron’s valuation exceeds ETH’s, which is at second after Bitcoin. At the same…

Bitcoin Projected as Solution to Ongoing Private Pension Crisis

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Private pension fund managers should consider dipping their toes into bitcoin, believes Mark W. Yusko. The Morgan Creek Digital co-founder lately projected the cryptocurrency as a mean to balance the risks associated with private pension funds. The recommendation came after the pension industry posted its second-worst performance since 1950 in the fourth quarter of 2018, exposing millions of retirees to a financially unstable future. “Pensions have precisely wrong Asset Allocation at the precisely wrong time (again) things will get truly ugly wrt to funding levels & ability to honor commitments…

Bitcoin Bulls: Chinese Investors are Willing to Pay Extra for BTC

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As Bitcoin prices look to consolidate from reaching a relative high over the weekend, Chinese traders in particular are giving bullish indicators as to the future of the currency. Analysts have been struggling to categorize the exact market movement for Bitcoin and cryptocurrency over the past week. Following the surprise bullish turn for Bitcoin, which was catalyzed by 20,000 BTC–worth $100 million at the time–being purchased in a coordinated fashion across three exchanges. Since that initial, whalish purchase, the crypto markets have been on a steady upward trend. Bitcoin jumped…

Electrum Faces Another Fake Wallet Attack, Users Reported to Lose Millions of Dollars

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Bitcoin (BTC) wallet service Electrum is facing an ongoing Denial-of-Service (DoS) attack on its servers, the company reported on Twitter on April 7. According to tech news website The Next Web, the new attack has caused users to lose estimatedly millions of dollars to date, with a single person alone reportedly losing about $140,000. The ongoing DoS attack was allegedly launched by a malicious botnet of more than 140,000 machines, and aims to steal users’ Bitcoin by referring them to fake versions of Electrum software. Citing an unnamed security researcher,…

Bitcoin In-Demand, Chinese Traders Flow as Prices Steady above $5,000

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Bitcoin bulls in control, up 25 percent Stable coins and OTCs allow Chinese participation Chinese traders are back. Thanks to OTCs and stable coins, traders can by-pass trade restrictions but at a premium. Overly, their involvement hints of bulls. Because of clear breakouts, it is likely that Bitcoin (BTC) would surge to $6,000. Bitcoin Price Analysis Fundamentals In China, engaging in cryptocurrency trading is illegal. However, citizens can be holders of the world’s most coveted digital asset. It is now emerging that despite the obstacles placed by the restrictive government,…