Day: June 27, 2019

ICO searches Liverpool addresses as part of investigation into suspected illegal acquisition and sale of personal data

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The Information Commissioner’s Office (ICO) has today (27 June) searched two addresses in Liverpool, as part of an ongoing investigation into the acquisition and sale of illegally obtained personal data. Following a six month investigation, working in partnership with the Insurance Fraud Bureau (IFB), two teams of ICO enforcement officers executed search warrants at a business and a residential address to seize computer equipment and documents which will be analysed for evidence. The business is suspected of carrying out high volumes of data farming activity, known as blagging or vishing,…

Here’s Why Booming Bitcoin Can Break the $16,000 Milestone Soon

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The price of bitcoin has corrected by up to 18 percent upon hitting its 17-month high towards $13,868. Following the European market open on Thursday, bitcoin plunged to an intraday low of $11,301 on San Francisco-based exchange Coinbase. The move brought the cryptocurrency’s 24-hour losses to around 8 percent but managed to maintain the monthly bullish bias with 37 percent gains. Exchanges trading the bitcoin-enabled pairs collectively posted more than $44 billion in volume in the past 24 hours. At the same time, “Real 10”, which filters out of 95…

Here’s Why Booming Bitcoin Can Break the $16,000 Milestone Soon

boss

The price of bitcoin has corrected by up to 18 percent upon hitting its 17-month high towards $13,868. Following the European market open on Thursday, bitcoin plunged to an intraday low of $11,301 on San Francisco-based exchange Coinbase. The move brought the cryptocurrency’s 24-hour losses to around 8 percent but managed to maintain the monthly bullish bias with 37 percent gains. Exchanges trading the bitcoin-enabled pairs collectively posted more than $44 billion in volume in the past 24 hours. At the same time, “Real 10”, which filters out of 95…

India’s Frightening 10-Yr FUD Jail Term Kills Bitcoin Exchange Koinex

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The move by the Reserve Bank of India (RBI) to ban banks from offering their services to cryptocurrency-related businesses has claimed another victim – Koinex crypto exchange. ‘Sad day for India’s crypto sector’ In a blog post, the co-founder and CEO of Koinex, Rahul Raj, announced that the exchange’s last day of business would be Thursday, June 27, just two months shy of the exchange celebrating its second-year anniversary. Raj described the development as a ‘sad day for all digital assets and blockchain enthusiasts in India’. But while the hostile…

India’s Frightening 10-Yr FUD Jail Term Kills Bitcoin Exchange Koinex

boss

The move by the Reserve Bank of India (RBI) to ban banks from offering their services to cryptocurrency-related businesses has claimed another victim – Koinex crypto exchange. ‘Sad day for India’s crypto sector’ In a blog post, the co-founder and CEO of Koinex, Rahul Raj, announced that the exchange’s last day of business would be Thursday, June 27, just two months shy of the exchange celebrating its second-year anniversary. Raj described the development as a ‘sad day for all digital assets and blockchain enthusiasts in India’. But while the hostile…

Namecheap Lets You Buy a Domain and Host Your Website With Bitcoin Cash

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Are you a cryptocurrency user looking to establish an online business, an internet community forum or even just create a fan page dedicated to your cat? Namecheap lets you buy a domain name and pay for hosting your website with bitcoin cash (BCH). Also Read: How to Cold Store Your Cryptocurrency for Safekeeping Namecheap Accepts Bitcoin Cash Namecheap is an American company founded in the year 2000 that provides services for registering, hosting and managing websites. With more than 11 million registered domain names as of June 2019, it is…

Could Coinbase’s Market Disruption Be the Reason for Bitcoin’s Price Dip?

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Coinbase, a cryptocurrency exchange recording over $1 million Bitcoin trading volume, experienced a few minutes site crash. Bitcoin price concurrently plunges afterward within a period of 24 hours. As of Wednesday, the 26th day of June, at around the 4:45 ET circa 20:45 UTC, Coinbase, US leading crypto exchange recording over $1 million Bitcoin trading volume, reported a server outage within its ecosystem which resulted into a shut down of its websites, mobile dApps, and APIs. Although the internal functionalities of the system weren’t compromised. According to an interview by…

Former Visa Exec-Led Startup Ships Nearly 4,000 Crypto Cards in a Week

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Crypterium, crypto payment firm led by former Visa exec, has shipped about 4,000 crypto debit cards in a week since the launch of the card, according to a press release on June 27. Crypterium, an Estonia–headquartered fintech company, launched its Crypterium Card on June 12, offering global community a prepaid card loaded with major cryptocurrencies such as bitcoin (BTC), ether (ETH), litecoin (LTC), USD Coin (USDC), as well as Crypterium’s own CRPT token. As the company wrote in the announcement, the new bitcoin card operates “in the same way as…

Bitcoin Price Rising Alongside Negative-Yielding Government Debt

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The pool of government debt with negative yields pushed past the $13 trillion-level last week, after the dovish outlooks in both the US and Europe intensified concerns over the health of the economy. Around the same time, a market that is entirely independent of the impacts the central banks’ policies netted approx a 275 percent year-to-date return. Bitcoin on Wednesday settled a fresh 2019 peak just shy of the $14,000 level, erasing about 70 percent of the total losses incurred during a very depressive 2018, wherein the price fell from…

Bitcoin Price & Technical Analysis: BTC Ready to Go Ahead

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Photo: Shutterstock By: Dmitriy Gurkovskiy, Chief Analyst at RoboForex. Best Trading Week for BTC in 18 Months CFTC Approves BTC Futures Over the last week, the BTC exceeded even the boldest expectations, having reached 76% Fibo. On W1, it looks like the crypto is not correcting anymore but forming a new long term uptrend, with the historical high of $19,474 being a close target. This is confirmed by both a MACD golden cross and the Stochastic finally leaving the oversold area. Photo: Roboforex / TradingView On D1, the BTC started…