According to a report by respected accountancy firm PricewaterhouseCoopers (PwC), the individuals behind the SamSam ransomware attack are connected to the controversial cryptocurrency exchange WEX (formerly BTC-e). The Iranian hacker group is believed to have used the platform to launder up to $6 million. Two of the men identified by the US Department of Justice…
Following an extended period of sideways trading, the cryptocurrency markets dropped today as Bitcoin failed to hold above its recently established support level at $3,800. BTC’s drop below this level has led many cryptocurrencies to plunge 5% or more, signaling that greater volatility is likely to come as the week continues on. Despite the current…
Over the course of 2018, Bitcoin (BTC) broke a number of key technical levels. In some cases, the cryptocurrency fell so fast (and hard) that its moving averages didn’t catch up to it for months. And while nearly every notable support line, like the $10,000 and $6,000, have been snapped, an analyst argues that BTC…
Bitcoin.com is likely under a government-sponsored cyber attack, according to owner and crypto investor Roger Ver. The 40-year old Tokyo-based entrepreneur stated Monday that he received a Google Suite alert about a potential intrusion. He posted a screenshot, indicating that anonymous government-backed hackers were attempting to compromise one of the Bitcoin.com’s email accounts. Here’s the copy…
An advocate practicing in the Supreme Court of India wants the government and regulators to treat bitcoin like a shiny new toy. Abraham C Mathews said in an opinion column published Monday that the Reserve Bank of India (RBI) had no structure in place to enforce crypto regulations – even if it wanted to. The lawyer…
Bitcoin price failed on many occasions to break the key $3,860 resistance level against the US Dollar. The price started a downward move and broke the $3,800 and $3,760 support levels. There was a break below a declining channel with resistance at $3,800 on the hourly chart of the BTC/USD pair (data feed from Kraken).…
Another day, another foreboding piece of analysis. A leading analyst claims that as Bitcoin (BTC) has yet to break out of its current range, there’s a growing potential that the cryptocurrency could fractal, and undergo a drop that looks much like that seen in November of yesteryear. Bitcoin Could Fall Again To New Lows Financial…
Following last week’s increased levels of volatility, Bitcoin (BTC) is now nearing the end of a relatively involatile weekend, and it has further established that it is currently caught in a tight trading range between $3,800 and $3,900. Although the persisting bear market has led the sentiment of crypto investors to near rock bottom, one…
Like many other Internet communities, the crypto space has trends. Over recent weeks, the Trust Chain event, along with the “Delete Coinbase” campaign, have trended on what has been dubbed Crypto Twitter. Most recently, however, #stackingsats (Stacking Satoshis) has begun to garner traction in the halls of the school of Bitcoin. Twitter’s Jack Dorsey Accumulating Bitcoin…
Bitcoin price corrected lower sharply after trading towards the $4,200 resistance against the US Dollar. The price declined below the $3,860 support area and tested the $3,620 support zone. There is a short term ascending channel or bear flag formed with resistance at $3,900 on the 4-hours chart of the BTC/USD pair (data feed from…