Earlier at the start of the year, the altcoin market broke through downtrend resistance spanning two years of crypto winter. The breakout caused an explosive rally that caused many crypto assets to double in value in just two months’ time. However, trading volume has only increased during the recent selloff, reaching a new all-time high…
Ever since the clock first struck midnight turning into the new year, altcoins like XRP, Ethereum, Litecoin, and many others have been tearing up the price charts and going on massive price rallies.But those rallies have now triggered a sequence of candlesticks that according to a world-renowned market analyst typically result in a reversal and…
Cybercrime is growing at an exponential rate, and showing zero signs of slowing down or stopping in the near future. As technology advances, so do the tactics used by these criminals, especially surrounding crypto.One particular group of hackers that has been wreaking havoc across the United States as of late, has escalated their ransomware attacks…
The crypto market this morning is a sea of red, following a massive breakdown by the leading cryptocurrency by market cap, Bitcoin. The market leader breaking down has led to as much as 10% declines across the board in most altcoins, including Ethereum, EOS, Binance Coin, and many others. Is this time to buy the…
The German finance ministry has stated that criminal use of Monero (XMR) and Zcash (ZEC) is rising. In a recent report, it argued that use of anonymous crypto assets might one day replace that of Bitcoin on the dark web. The report is careful to highlight differences between different crypto assets. Whereas blockchain forensics firms…
A guideline issued by the Financial Action Task Force (FATF) is prompting OKEx to delist popular privacy-centering cryptocurrencies. Travel Rule The Korean wing of the cryptocurrency firm announced on Monday that it is going to stop trading of Monero, Zcash, Dash, Horizen, and Super Bitcoin on its exchange. All the five assets, in one way or…
Bitcoin is losing its luster with some of its earliest and most avid fans -- criminals -- giving rise to a new breed of virtual currency. Privacy coins such as monero, designed to avoid tracking, have climbed faster over the past two months as law enforcers adopt software tools to monitor people using bitcoin. A…
Anonymity and privacy are extremely important in the crypto industry. The original crypto that the entire industry is based on was created by the pseudonym Satoshi Nakamoto, and to this day no identifying details are truly known about the person who designed Bitcoin. However, recently, someone has come forth claiming to be Satoshi Nakamoto, and…
Since the start of April 2019 when Bitcoin rallied over $1,000 in a matter of a few minutes, the first ever crypto asset has taken the market by storm, capturing the attention of all crypto traders, investors, and analysts – but at the expense of the altcoin market. While hope for an “alt season” has…
Monero (XMR) is down 7.6 percent week-to-date The privacy-centric network prone to developer centralization In their quest for complete decentralization, Monero, as a blockchain network, has suffered massive drops in hash rate. That follow several upgrades with the sole objective sidelining ASIC miners. Even so, with this, the system is more reliant on its developers,…