Category: News

Bitcoin Price Hits 5-Month High, Next Target at $6,000?

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Bitcoin price has spiked and pulled the entire crypto market up with it prompting analysts and proponents to suggest that it will test the $6,000 level in the next few weeks. As the week progresses, the cryptocurrency markets keep looking stronger. Bitcoin is dragging all of them up as it smashes through resistance to reach a new 2019 high. Today, Bitcoin’s price extended its April gains spiking past $5,500 for the first time in more than five months. Market capitalization is also rising towards $180 billion again. At around 04:00…

Disney Might Put Out $13,2B for South Korea’s Largest Game Developer Nexon

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Photo: Nexon America / Twitter Disney was offered a controlling stake in NXC, the parent company of South Korean video game publisher Nexon, which specializes in online games for PC and mobile. Nexon, being the biggest game developer in South Korea is also the world’s second-largest online games market. NXC owns two major cryptocurrency exchanges: Bitstamp, based in Luxembourg, and Southkorean Korbit. This is pretty interesting because a lot of big companies were showing the interest in Nexon. Among them were Amazon, Comcast, Electronic Arts, and Tencent. According to Reuters,…

NY Regulator-Flagged N. Korean Crypto Accounts Were South Korean: Bittrex

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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. By CCN.com: Four days after New York State Department of Financial Services’ executive deputy superintendent for banking Shirin Emami disclosed in an op-ed that having North Korean users on its…

Blockchain Solutions Spending in Asia/Pacific, Bar Japan, to Hit $2.4 Bln by 2022

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Blockchain solutions spending in Asia/Pacific excluding Japan (APEJ) is forecast to hit $2.4 billion by 2022, according to an April 23 report from United States-based market research firm International Data Corporation (IDC). IDC’s Worldwide Semiannual Blockchain Spending Guide provides an analysis of spending data from the emerging blockchain sector from a regional, vertical industry, use case, buyer and technology perspective. The report forecasts a sharp uptick in blockchain solutions spending in the region this year — predicting APEJ spending will hit almost $523.8 million in 2019, up 83.9% from $284.8…

Binance Launches Decentralized Exchange Ahead of Schedule

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Binance’s much anticipated decentralized exchange (DEX) has gone live ahead of its planned schedule. The world’s top cryptocurrency exchange by adjusted volume announced the news on Tuesday, saying that while trading will begin “at a later date,” users can now create wallets on Binance DEX and start deposits and withdrawals of the company’s token, BEP2. A representative told CoinDesk that trading will launch “as soon as tokens are issued and listed on Binance DEX, and trading pairs are created. We’re expecting this to happen soon, in the next few days.” Binance CEO Changpeng…

North Korea Using Bitcoin to Make Mass Destruction Weapons, Report States

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A recent RUSI report states that Kim Jong-un is using Bitcoin along with other crypto to pay for developing nuclear weapons and to avoid global sanctions North Korea has been discussed for a long while by the crypto community due to rumours and various reports, saying that local hackers were attacking crypto exchanges in its neighbouring countries. Now, The Independent writes, citing a recent report made by the Royal United Services Institute (RUSI), North Korea is utilizing Bitcoin and other virtual coins to finance the creation of weapons under its…

Bitcoin Price Rages Beyond $5,600 to Hit New 2019-High; New Rally Boom?

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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. Throughout the past 24 hours, the bitcoin price has recorded an increase of 4.3 percent, surging from around $5,280 to $5,630. In the past month, in less than 30 days,…

Lightning Users Can Now Shop with Bitcoin on Amazon

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Good news for Bitcoin users: the list of possible options to use their assets has enlarged, and now they are able to spend their Bitcoins using the Lightning Network for shopping on the e-commerce platform Amazon. According to the crypto payment processing startup Moon, all lightning-enabled wallets will now be possible for usage through the Moon browser extension which will let users spend crypto on e-commerce sites such as Amazon simply by connecting the browser extension to exchange accounts like Coinbase. Moon CEO Ken Kruger said: “The extension will pop…

Bitcoin (BTC) Price Starts Much Awaited Rally To $6K

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Bitcoin price broke the main resistance at $5,400 and rallied sharply against the US Dollar. The price traded to a new 2019 high and it remains in an uptrend above $5,350. There is a major bullish trend line forming with support at $5,360 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair has likely started a strong upward move towards the $5,800 and $6,000 resistance levels. Bitcoin price rallied sharply above $5,400 and $5,600 against the US Dollar. BTC is likely to extend gains and…

Ripple (XRP) Price Recovery Looks Real But Could Face Hurdles

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Ripple price corrected lower recently and tested the $0.3175 level against the US dollar. The price bounced back and traded above the $0.3200 and $0.3220 resistance levels. There was a break above a key bearish trend line with resistance near $0.3220 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently forming a bullish continuation pattern and it could revisit the $0.3300 resistance. Ripple price is slowly recovering against the US Dollar, whereas still struggling versus bitcoin. XRP could recover further above $0.3280, but…