New Analysis Finds That Less Than 1% of BTC Addresses Control Nearly 87% of BTC's Supply

A deep analysis of Bitcoin (BTC) addresses conducted by China’s state-run financial news publication, National Business Daily (NBD), reveals that about 0.7% of BTC addresses currently control 86.9% of the flagship cryptocurrency’s circulating supply. Moreover, analysts used data from BTC.com to conclude that this tiny 0.7% of BTC addresses own roughly $62 billion worth of BTC. To…

Read more »

OTC Crypto Trading Sees Bullish Trend

The crypto markets saw a turn for the worse last year as prices failed to make new highs and came tumbling down for the entirety of the year. Wall Street was sitting on the sidelines, watching the major players pull back and the rest of the market fall apart. However, reports from New York’s banking hub…

Read more »

Exchanges News: Huobi Trial Eos Exchange, Sharespost Facilitates Security Token Transaction

In recent cryptocurrency exchange news, Huobi’s EOS exchange has entered trial operations, Sharespost has facilitated a secondary trade of the BCAP security token, and Bithumb has obtained South Korean Information Security Management System certification. Also Read: Bisq DEX Launches DAO on Testnet as Developers Seek to Decentralize Governance  Huobi Launches Trial of EOS Exchange In the…

Read more »

$100M+ Lost due to Crypto Scams and Only $36M Recovered by US Regulators. How to Protect Yourself?

As reported by the Wall Street Journal, US regulators have filed over 90 cryptocurrency fraud cases in the last two years and have little to show for it. The report states that US regulators at both the federal and state level could recover just $36 million of investor’s funds lost to fraud. $100s of Millions…

Read more »

PwC Official Predicts Greater Institutional Interest in Cryptocurrency in 2019

PricewaterhouseCoopers (PwC) FinTech & Crypto Leader for Asia, Henri Arslanian, has made a prediction that more institutional entities will enter the cryptocurrency space in the upcoming year. In an interview with Bloomberg on December 24, Arslanian said that 2019 would bring multiple exciting developments, including the entry of institutional investors and regulatory clarity. Arslanian said…

Read more »

LTC Sees Positive Growth But Can the Bulls Continue to Drive Toward $40?

Bloomberg has criticized Charlie Lee for selling his entire Litecoin portfolio a year ago, and thus avoiding the 90% price plummet. Litecoin has recently teamed up with X-9 Dev team to bring one-click atomic swap payments to the Lightning Network. Support moving forward: $31.63, $29.97, $28.62, $27.28, $26, $24.74. Resistance moving forward: $34.00, $35.91, $37.41,…

Read more »

Japanese Crypto Exchange CEO Believes Bitcoin will Reach New Highs in 2019

It’s obvious the crypto market is in a dire state. The price continues to find new lows and we experience short-lived rallies that never amount to much. The entire atmosphere of the market is a complete 180 from what it was in 2017 when we reached an all-time high of nearly $20,000 for bitcoin (BTC)….

Read more »

Don't Miss Any Latest Binance News Updates

Here we shall review the latest update from the cryptocurrency platform Binance. We shall cover everything from New token listings to the vital expansion of Binance. Binance Will Add USDC Quote Pairs into the USDⓈ Trading Market/Tab Just a few hours ago today Friday 14 December 2018 Binance announced in their blog that it will…

Read more »

Good News as Cryptocurrencies and Traditional Banking Join

While the cryptocurrency markets are in turmoil, the industry continues to build and move forward with exciting new developments. One such development comes from a growing cryptocurrency bank. The bank we speak of is Revolut, a digital banking alternative to the traditional brick and mortar banking system and supporter of cryptocurrency. Revolut already features a…

Read more »

Ontology Continues to Build High-Profile Partnerships — Can the Bulls Defend $0.50 to Prevent a Further Decline in Price?

Ontology turned one on November 27, 2018, marking a major milestone. The market is trading at strong support at the $0.5199 region as price action begins to trade sideways. Support moving forward: $0.5199, $0.50, $0.45, $0.4091, $0.3666, $0.2950. Resistance moving forward: $0.60, $0.70, $0.8115, $0.9953, $1.09, $1.14. Latest Ontology News On November 27, 2018, the…

Read more »

TRON Rejoins the Top 10 After Sun’s Proposal to Take the ZK-SNARKS Privacy Route

TRON has recently gained favor and joined the top 10 ranked projects by market cap value. The bulls must defend critical support around $0.011 to prevent the downtrend from continuing any further. Support moving forward: $0.013, $0.012, $0.01123, $0.010, $0.009766, $0.0080, $0.006866, $0.006269. Resistance moving forward: $0.01361, $0.01484, $0.01628, $0.01637, $0.01957, $0.020, $0.02320. Latest TRX…

Read more »

ICOs Exempted From Securities Laws, If This Congressman Has His Way

The U.S. could soon see federal legislation regulating initial coin offerings if Republican Congressman Warren Davidson gets his way. The Congressman is an outspoken blockchain and Bitcoin fan, and he plans to introduce a bill that will create an asset class for cryptocurrencies. By creating such an asset class, the government would be able to…

Read more »

Zcash Coinbase Listing Not Lifting ZEC Price

After listing ZCash on its institutional investor-focused Coinbase Pro platform on November 29, Coinbase has now listed the privacy-centric coin on its retail investor focused regular platform. They made the announcement on both Medium and Twitter. Customers can login to the online version of Coinbase or use either the iOS or Android mobile versions to…

Read more »

ChainLink Price Analysis: LINK Drops Back Below $0.30 as Bulls Scramble to Defend the Area; Strong Support at $0.2643

The November 2018 market wipeout has seen LINK/USD drop into support provided by the .786 Fibonacci Retracement level priced at $0.2643. The upside is limited until LINK can break back above the $0.40 handle. Support moving forward: $0.2818, $0.2643, $0.25, $0.2165, $0.20, $0.1637. Resistance moving forward: $0.3446, $0.40, $0.4219, $0.45, $0.4936, $0.60, $0.5338, $0.5772, $0.60….

Read more »

Ethereum Classic Price Analysis: ETC Rebounds to Break Above $5.00 Again

Ethereum Classic is currently trading at 20-month lows. The market has recently found some support at a downside 1.414 Fibonacci Extension level priced at $4.35. Support moving forward: $5.00, $4.29, $4.00, $3.50, $3.00, $2.74, $2.50, $2.00, $1.92. Resistance moving forward: $5.62, $6.00, $6.41, $6.99, $7.00, $7.83, $8.80, $9.39, $10.00. Ethereum Classic has seen a small…

Read more »

MaidSafe Price Analysis: MAID Rises by 35% Over the Last 30 Days as Bulls Aim to Break Above $0.27

MaidSafe has seen a respectable price increase totaling over 35% over the past 30 trading days. The market has recently met resistance at a short-term 1.272 Fibonacci Extension level priced at $0.2631. Support levels moving forward: $0.2438, $0.2306, $0.2200, $0.2094, $0.1942, $0.1761 Resistance levels moving forward: $0.2631, $0.2794, $0.2870, $0.30, $0.3206. MaidSafe has seen a…

Read more »

Dash Price Analysis: Bulls Retest DASH's Long-Term Descending Trend Line

DASH/USD breaks below previously highlighted symmetrical triangle. The market is still trading below the long-term descending trend line as the buyers currently attempt to break above. Support levels moving forward: $160, $150.31, $145.12, $140.15, $130, $128.36. Resistance levels moving forward: $167.39, $179.38, $191.38, $200, $206.22, $215.34, $230.29, $257.45, $271.25, $291.08. Dash has seen a small…

Read more »

NEM Price Turns Uber Bullish as Coincheck Provides Good News

Whereas most of the top cryptocurrencies are still struggling for traction, interesting developments take place just outside the top 15 The NEM price is going through a very bullish rally right now, primarily because Coincheck has officially resumed trading services for this altcoin. This appears to bring a lot of positive momentum to the New…

Read more »

Stellar Conducts Largest Ever Crypto Airdrop, Gives Away $125 Million Worth of XLM to Blockchain Wallet Users

The Stellar Development Foundation, the nonprofit organization behind Stellar (XLM), announced on Tuesday that they will be doing the largest airdrop in cryptocurrency history. The airdrop will consist of $125 million worth of Stellar Lumens (XLM) to be distributed to users of the popular Blockchain Wallet. Details of the XLM Airdrop The first batch of…

Read more »

Ethereum Price Analysis: ETH Reaches Resistance at the Upper Boundary of a Triangle — Can the Bulls Break Above?

Ethereum has seen a recent price surge totaling over 10% over the past week of trading. The market is now trading at the upper boundary of a short-term symmetrical triangle pattern. Support moving forward: $212, $202, $200, $197, $190, $188, $181, $180, $167. Resistance moving forward: $222, $226, $234, $250, $260, $271, $290, $300, $308….

Read more »