Reports estimate that between 10 to as much as two dozen midshipmen based at the US Naval Academy in Annapolis, MD, near Washington, D.C., were part of an elaborate scheme to supply their peers with illicit drugs including cocaine, LSD, and ketamine. As reported by Fox News, the criminal ring used Bitcoin to purchase the drugs on … Continue reading Midshipmen at US Naval Academy Under Investigation for Dark Web Drug Trafficking
Cryptocurrencies are an intriguing financial tool for many different reasons. While the primary focus is on speculation, StormX shows things can be done differently. Travel enthusiasts can now fly in first class by using their native cryptocurrency. Cryptocurrency Opens New Doors It is safe to say the future looks interesting for cryptocurrencies. If StormX is … Continue reading Travelers Can Receive Discounts on First Class Flights With a Cryptocurrency
Bitcoin Pizza Day is an unofficial holiday among cryptocurrency enthusiasts. It marks the birthday of the moment on which Laszlo Hanyecz paid 10,000 BTC for two large pizzas. It seems Hanyecz is still keeping a close eye on Bitcoin as of right now. He recently used the Lightning Network to buy two pizzas with Bitcoin … Continue reading Man Who Bought Pizza With 10,000 Bitcoin Buys it With Lightning
Key Points Bitcoin price declined this past week and moved below the $10,000 level against the US Dollar. There was a break below a major bullish trend line with support at $10,350 on the 4-hours chart of the BTC/USD pair (data feed from SimpleFX). The pair must stay above the $9,300 and $9,000 support levels … Continue reading Bitcoin Price Weekly Analysis – Can BTC/USD Hold $9,000?
Key Highlights ETH price declined recently and moved below the $860 support level against the US Dollar. There is an expanding triangle forming with resistance at $870 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair may continue to decline as long as it is below the $870 resistance level. Ethereum price … Continue reading Ethereum Price Weekly Analysis – ETH/USD Bearish Below $870
Key Points Bitcoin cash price started a fresh decline this past week and moved below $1,250 against the US Dollar. There is a major bearish trend line forming with resistance at $1,310 on the 4-hours chart of the BCH/USD pair (data feed from SimpleFX). The pair may continue to decline and it could even break … Continue reading Bitcoin Cash Price Weekly Analysis – BCH/USD to Decline Further
Bitcoin is a very energy-inefficient project as of right now. The proof-of-work aspect has been discussed many times over. It seems community members are now advocating to change this algorithm altogether. With mining centralization becoming a real problem, such a change is not necessarily a bad thing. The Proof-of-Work Situation Generating new Bitcoins requires dedicated … Continue reading Is Proof-of-Work a Major Problem for Bitcoin’s Future?
Nebula, a cryptocurrency exchange which aims to provide support for cryptocurrencies that struggle to find affordable listing, will launch by the end of March with a unique reputation system. On major cryptocurrency exchanges like Binance and Bitfinex, it is difficult to find cryptocurrencies with small market valuations and shallow order books, because large cryptocurrencies tend … Continue reading Cryptocurrency Exchange Nebula to Launch in March, With Unique Reputation System
We are seeing a change of fortune as far as price action and altcoins is concerned. LTC, Lumens and DASH are on the fore front printing clear bull patterns that awaits confirmations today. Besides these three, we remain neutral on EOS unless we see a close above $9.5 while NEO is also encouraging as scalpers … Continue reading Altcoin Analysis: NEO, EOS, LTC, DASH and Lumens (XLM)
FOMO Moments There has been an unexpected turnaround this morning and the markets have rebounded a little. Weekends are usually times when selloffs occur, led by Asia, but today everything is in the green once again. Bitcoin is leading the pack with a 7.5% recovery on yesterday’s prices to $10.500, altcoins have followed it back … Continue reading Asian Altcoin Trading Roundup: Nano is Leading the Way