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The World Needs Fewer Blockchain Ideas and More Decentralization

Blockchain has become somewhat of a buzzword in the financial sector. Many people have high expectations for this revolutionary technology. However, some critics claim the financial sector needs decentralization, rather than more proprietary solutions. There are some reasons as to why this latter approach may be preferable. Is Blockchain Over-hyped? According to a recent piece on InvestorPlace, the blockchain bubble ...

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Analysts Call Crypto Crackdown a Good Thing for the Industry

CNBC Africa Host Ran Neu-Ner has taken a position gaining a lot of acceptance recently that bringing clear regulation into the cryptocurrency marketplace at this time is a positive move for both entrepreneurs and investors. Regulation Will Open the Flood Gates Neu-Ner who hosts the CNBC Africa Crypto Trader appeared on the networks popular investment show Fast Money where he encouraged regulatory ...

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Cardano Price Analysis: ADA/USD Could Stage Comeback

Key Highlights ADA price formed a decent support at $0.1880 and recovered higher against the US Dollar (tethered). There was a break above a key bearish trend line with resistance at $0.2050 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair may continue to move higher as long as it is above the $0.2000 support ...

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Bitcoin Gold Network Still Suffering Over a Week After Attack

Bitcoin Gold has been an interesting social experiment. This hard fork of Bitcoin had some high ambitions at first. Several months down the line, it seems things look a lot worse for wear. With one individual controlling most of the network, the ecosystem is facing a serious threat. Solving this matter has proven to be rather difficult. The Bitcoin Gold ...

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Japanese Fintech Startup Money Forward to Launch Crypto Exchange

One of Japan’s most innovative personal financial management startups Money Forward Inc. announced it will set up its own cryptocurrency exchange by the end of 2018. New Exchange Will Begin with a Media Platform Money Foward CEO and founder Yosuke Tsuji made the statement on the company’s website that a newly created subsidiary called Money Forward Financial Co. Ltd would be ...

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Bitcoin Price Watch: Can BTC/USD Break This?

Key Points Bitcoin price found support near $7,260 and bounced back above $7,400 against the US Dollar. The BTC/USD pair is currently attempting a close above a crucial bearish trend line with resistance at $7,650 on the hourly chart (data feed from Kraken). A successful close above the trend line and $7,700 may perhaps open the doors for more gains. ...

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New Mac Malware Monero Miner Discovered

Crypto mining is on the rise as bad actors have discovered decentralized mining is a lot cheaper than setting up a rig and paying the electricity bills to compete with massive mining pools and Apple users are not immune from being crypto jacked. Mac Cryptominer uses Legitimet Software In an earlier story this year NewsBTC reported that crypto jacking or ...

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Ripple Price Analysis: XRP/USD Showing Positive Signs

Key Highlights Ripple price traded as low as $0.5758 before starting a correction against the US dollar. This week’s followed crucial bearish trend line with resistance at $0.6200 was broken on the hourly chart of the XRP/USD pair (data source from Kraken). The pair may correct further higher, but it may face a strong selling interest near $0.6400-0.6500. Ripple price ...

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Bitcoin Cash Price Analysis: Can BCH/USD Recover?

Key Points Bitcoin cash price found support near $950 and started an upside move against the US Dollar. This week’s crucial bearish trend line with resistance at $1,040 was breached on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is now trading above the $1,020 resistance and it may correct further in the near term. ...

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