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$60 Mln Crypto Exchange Hack in Japan had no Impact on Bitcoin Price

Another hacking attack has hit a known crypto exchange in Japan, and this time, thieves managed to steal around $60 million in crypto. Another Crypto Exchange Hack The popularity of attacks on crypto exchanges seemingly continues to grow, with another such exchange being hit just recently, in Japan. It is largely believed that such incidents are one of the main ...

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The $234 Billion Money Laundering Case at Danske Bank’s Impossible in Bitcoin

This week, Danish publications reported that Danske Bank CEO has resigned amidst allegations of potential money laundering hundreds of billions of dollars, an amount that is equivalent to the market cap of crypto. When billions or dollars are involved, history has it that banks can’t resist the urge to “inject” the money into the system, regardless of the source. As ...

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Bitcoin Cash Price Analysis: BCH/USD Dips Remain Supported

Key Points Bitcoin cash price dipped recently, but it found support near $410 against the US Dollar. There is a major bearish trend line in place with resistance near $440 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair needs to climb above the $450 hurdle for more gains in the near term. Bitcoin cash ...

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ING, Citigroup, Shell And ConsenSys Partner to Create Ethereum-Based Platforms

In spite of a multi-month tumultuous market, institutions continue to clamor for the implementation of innovative systems and solutions that are based on blockchain technologies. 15 Firms Enter A ConsenSys-backed Blockchain Initiative  On Wednesday morning, a media embargo on one of the most notable blockchain-related developments of this year was finally dropped. As per a short, but sweet four-page document, entitled ...

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Bitcoin Price Watch: BTC/USD Preparing for Next Upside Wave

Key Points Bitcoin price recently dipped and then rallied above the $6,400 level against the US Dollar. There was a break above two bearish trend lines with resistance at $6,320 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is currently correcting lower, but it remains supported near the $6,320-00 zone. Bitcoin price is positioned ...

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Ripple Price Analysis: XRP/USD Signaling Upside Extension

Key Highlights Ripple price surged higher recently and broke the $0.3200 resistance level against the US dollar. There is a major contracting triangle in place with resistance at $0.3300 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could correct a few points, but it remains supported above the $0.3100 level. Ripple price is trading ...

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Cardano Price Analysis: ADA/USD Eyes Upside Break above $0.075

Key Highlights ADA price is trading nicely above the $0.0650 support area against the US Dollar (tethered). There is a key bullish trend line in place with support at $0.0700 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair is likely to move higher above the $0.0740 and $0.0750 resistance levels in the near term. ...

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Ethereum Price Analysis: ETH/USD Under Pressure Below $216

Key Highlights ETH price is struggling to break the $214-216 resistance zone against the US Dollar. Yesterday’s highlighted important bearish trend line is active with resistance at $212 on the hourly chart of ETH/USD (data feed via Kraken). The pair has to break the trend line and the $216 resistance zone for more gains in the near term. Ethereum price ...

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