Trade Recommendation: Request Network/Ethereum

Trade Recommendation: Request Network/Ethereum

Based on its chart, the Request Network/Ethereum (REQ/ETH) pair appeared to have an initial coin offering price of 0.0012. Unfortunately for participants who bought the ICO the market closed at 0.00016986 on its first day of trading; October 27, 2017. That’s an astounding 85.85% loss in one day! After losing so much of its value, […]

Read More
How Hacked Widgets Help Criminals Mine Monero

How Hacked Widgets Help Criminals Mine Monero

Covert cryptocurrency mining is shaping up to be the new mainstay of cybercrime. Crooks hack servers, personal computers, and mobile devices and take advantage of the infected hosts’ CPU or GPU to generate virtual coins without victims’ awareness. Even botnets consisting of numerous zombie machines are now used to perpetrate illegal mining activity on a […]

Read More
Privacy Altcoin Zcash Announces First Network Update, ‘Not Expected’ To Be A Fork

Privacy Altcoin Zcash Announces First Network Update, ‘Not Expected’ To Be A Fork

Privacy-oriented cryptocurrency Zcash announced the release of their first network upgrade, Zcash Overwinter, in a blog post on March, 2. The blog post says that Overwinter, the “software-updates-required” update, will be supported as early as April 2018, on version 1.1.0 of zcashd. The Overwinter main chain update launch is set for June 25, 2018. Overwinter will allow the team to carry out […]

Read More
Coinbase User Files Class Action Against Company, Claims Insider BCH Trading

Coinbase User Files Class Action Against Company, Claims Insider BCH Trading

Coinbase, a major US-based cryptocurrency exchange and wallet platform, faces a class action lawsuit claiming that its employees and other insiders benefited from trading on non-public information that the exchange planned to introduce Bitcoin Cash (BCH) support last December, The Recorder Lawreported on Friday, March 2. The complaint was filed by Coinbase user and Arizona citizen Jeffrey Berk, represented by two law firms, […]

Read More
NEO Is Either a Raging Success or a Total Disaster

NEO Is Either a Raging Success or a Total Disaster

What to make of NEO? The Chinese blockchain is, on paper, the most successful Asian cryptocurrency project to date. It’s listed on most major exchanges, boasts high trading volume, hosts numerous ICOs and has smart contract functionality. Not everyone is impressed though. Critics have called NEO a centralized, expensive, and unusable disaster. So which interpretation […]

Read More
Technical Analysis: IOTA

Technical Analysis: IOTA

IOTA IOTA/USD, 4-Hour Chart Analysis IOTA continues to struggle with the declining trendline and the massive resistance zone ahead, and that could mean that the coin is in for more consolidation. Despite that, we expect eh recovery to continue above the $2.2-$2.35 zone, with key support found just below the current price level at $1.90 […]

Read More
Technical Analysis : Monero Breaks Out

Technical Analysis : Monero Breaks Out

Monero XMR/USD, 4-Hour Chart Analysis Monero broke out form the dominant consolidation pattern today in late trading as we expected, after showing clear signs of strength yesterday. We still expect the rally to reach the next target at $400, as the coin is among the leaders of the recovery, with a strong long-term technical setup. […]

Read More
Technical Analysis: Ethereum Classic

Technical Analysis: Ethereum Classic

Ethereum Classic ETC/USD, 4-Hour Chart Analysis ETC had a bearish shift in short-term momentum yesterday, and the coin hasn’t been able to recapture the $32-$34 support/resistance zone so far, although it remained above the $30 level. We still expect the rally to continue, despite the slightly stretched long-term picture, with further resistance ahead just above […]

Read More
Technical Analysis: DASH

Technical Analysis: DASH

Dash DASH/USD, 4-Hour Chart Analysis Dash failed to build up momentum so far, despite showing early signs of strength yesterday, and the coin is still stuck in a short-term range. The long-term setup remains encouraging, and traders and investors should hold on to their coins as the recovery will likely resume soon. Resistance is found […]

Read More