Day: June 13, 2019

ICO fines home security company for making thousands of nuisance calls

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The Information Commissioner’s Office (ICO) has fined Smart Home Protection Ltd £90,000 for making nuisance calls to people registered with the Telephone Preference Service (TPS). The Staffordshire company was behind 118,000 unlawful marketing calls made between January 2017 and September 2018 to people registered with the TPS. It is against the law to make marketing calls to numbers that have been registered with the TPS for more than 28 days, unless people have provided consent. The full penalty notice to Smart Home Protection Ltd can be read here. The ICO…

Tether (USDT) Market Cap Sees 65% Surge Since Bitcoin’s April Bull Rally

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Since the beginning of April 2019, Tether (USDT) market capitalization seems to be growing in tandem with the recent bitcoin price surge. The current USDT market cap which stands at $3.34 billion surged 65 percent since the bull rally on April 1, 2019. In the meantime, Tether’s current performance comes amid the stablecoin’s ongoing legal battle with the office of the New York Attorney General (NYAG). USDT Market Cap on the Up The most popular stablecoin, Tether (USDT) has seen a 65 percent increase since the beginning of April 2019,…

Crypto Spring Is Here as Bitcoin Price Rallies Above $8,100

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Photo: CafeCredit.com / Flickr Thursday began with top cryptocurrencies Bitcoin (BTC), Ethereun (ETH), and XRP being all in the green. After surging more than 115% this year to around $9,000 in May, Bitcoin price fell a bit to under $8,000 but seems to be slowly recovering. At the time of writing, BTC was on the rise for 1.78% to $8,128. Barry Silbert, the founder, and CEO of Digital Currency Group, claims that crypto spring has arrived saying: “[We’ve] been through quite a roller coaster. Price has gone down 80% four…

Tron’s Justin Sun Choses Silicon Valley As the Venue for Lunch with Warren Buffett

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San Francisco. Photo: Pixabay A huge buzz has been there in the crypto community with Tron founder Justin Sun winning the bid for a ‘power lunch‘ with the investment guru Warren Buffet by paying a massive sum of $4.57 million. Although the entire sum raised will go for a charity cause, what interests the crypto community is whether Sun will be able to change Buffett’s opinion on crypto. Warren Buffett has been one of the biggest critics of cryptocurrencies calling Bitcoin as ‘rat poison squared’. Winning the power lunch with…

John McAfee’s New Crypto Trading Platform ‘Magic’ Goes Live

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Noted cybersecurity expert and eccentric crypto fan John McAfee has just launched a cryptocurrency trading platform. Dubbed “Magic,” the site is touted as allowing users to “trade cryptocurrencies on multiple exchanges within a single dashboard, automatically and manually.” Notably, the exchange appears to be non-custodial, with users’ crypto holdings remaining on eight other exchange platforms. When a trade is executed, funds are transferred from those accounts to compete the transaction. To set this up, users will need to plug in APIs from their other exchanges. Two “portals” are on offer,…

John McAfee’s New Crypto Trading Platform ‘Magic’ Goes Live

boss

Noted cybersecurity expert and eccentric crypto fan John McAfee has just launched a cryptocurrency trading platform. Dubbed “Magic,” the site is touted as allowing users to “trade cryptocurrencies on multiple exchanges within a single dashboard, automatically and manually.” Notably, the exchange appears to be non-custodial, with users’ crypto holdings remaining on eight other exchange platforms. When a trade is executed, funds are transferred from those accounts to compete the transaction. To set this up, users will need to plug in APIs from their other exchanges. Two “portals” are on offer,…

Bitcoin and Ether Market Update: June 13, 2019

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The total crypto market cap added $15.5 billion to its value since June 10, 2019, and moved up to $261.1 billion. The top ten coins are all in green for the 24-hour period with Litecoin (LTC) being the only exception with a four percent loss. Cardano’s ADA is the best performer with a seven percent price increase. At the time of writing, bitcoin (BTC) is trading at $8,110 on the Bitstamp daily chart, while ether (ETH) stands at $259 and Ripple’s XRP hovers around $0.404. BTC/USD After losing some ground…

Tether and Search Engine Data Reveals China Fueling Bitcoin Rally

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By CCN Markets: Over the past three months, the bitcoin price has risen from $3,911 to $8,120 against the U.S. dollar on major crypto exchanges, demonstrating strong momentum supplemented with a clear rise in volume. The bitcoin price is up nearly three-fold in the past three months (source: coinmarketcap.com) In recent weeks, the interest towards bitcoin on Baidu, the most widely utilized search engine in China, spiked significantly to 2018 levels, which could potentially indicate an increase in the demand for the asset by retail investors. Tether volume similarly indicates…

BitFinex’s LEO Spikes 32%, More Valuable Than IOTA

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LEO surges, up 32 percent FOMO likely accelerating LEO demand The tokenization of BitFinex through the sale of LEO tokens was an opportunity for investors to draw maximum benefits from a liquid exchange. At the time of writing, LEO is up 32 percent week-to-date. LEO Price Analysis Fundamentals Desperate times call for desperate measures. That’s the adage that BitFinex’s owners, iFinex Limited, heeded, quite literally. Faced with insurmountable pressure upon the damaging revelation that the exchange used part of Tether Limited’s fund to fix a deluge, the management settled for…

Bitcoin (BTC) Price Smashes Resistance: Primed For More Gains

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Bitcoin price broke to the upside and cleared the $7,950 and $8,000 barriers against the US Dollar. The price even broke the $8,200 resistance area and it is currently correcting lower. There is another major breakout pattern forming with resistance near $8,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is currently trading with a positive bias above the $8,100 and $8,000 support levels. Bitcoin price started a strong rise after it broke the $8,000 barrier against the US Dollar. BTC is back in…