June 12, 2020

Japanese Court Upheld Former Mt Gox CEO’s Conviction for Manipulating Data

A Japanese high court upheld the Tokyo-based lower court’s decision to reject the former Mt Gox CEO’s appeal. Mark Karpeles was arrested in 2015 and accused of “manipulating electronic data” and managed to duck embezzlement charges. The former boss of Mt Gox, Mark Karpeles, now has to face the music for his prior “manipulating electronic...
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Bitcoin Block 634,133 Contains Three Whale-size Transactions

Following certain Twitter accounts can grant one unique insight into the cryptocurrency world. Three recent Bitcoin transactions worth millions of dollars have attracted plenty of attention, yet no one knows what is going on exactly. When large sums of crypto funds are being moved around, everyone is perking up. Three Whale Transactions in one Bitcoin...
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$10K Is Getting Away From Bitcoin After Another Week of Failed Attempts: The Weekly Market Update

At this point, it seems like $10,000 indeed is a coveted level for Bitcoin bulls. Another week passed, and we saw yet one more failed attempt to reclaim this level. Interestingly enough, it happened minutes after the US Federal Reserve concluded its two-day June meeting, confirming near-zero interest rates for the short- and medium-term. In...
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John McAfee Announces GHOST-Based Encrypted Chat App With Telegram Integration

Well-known cryptocurrency proponent John McAfee recently announced an upcoming encrypted chat application dubbed TeleGHOST. Based on the GHOST blockchain, it will allow full integration with the widely-utilized encrypted messaging app – Telegram. McAfee Announces TeleGHOST Chat App The former antivirus software tycoon posted on Twitter the details regarding the new encrypted chat app that will...
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Bootstrapping the Coinbase Monorepo

How Coinbase is using a monorepo to provide developers with world-class tooling, security, and reliability By Luke Demi Over the past year, the developer productivity team at Coinbase has been focused on delivering a Bazel monorepo to enable engineers to more easily collaborate across the company and position the company on industry standard tooling. Today, our Bazel...
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Crypto Price Analysis & Overview June 12th: Bitcoin, Ethereum, Ripple, VeChain & Kyber Network

Bitcoin Bitcoin saw a 3% decrease over the last week of trading as it drops into the $9,445 level. The coin started the week battling the $9,815 level as it proceeded higher to reach $10,000. Unfortunately, BTC was unable to capitalize above $10,000 and dropped by a steep 7% yesterday. Luckily, it found support at...
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Bitcoin and Stocks Crash Together: June 11 Proved That Decoupling Might be Gone (Unlike Gold)

Yesterday was a painful day for both cryptocurrency and stock investors as the prices tumbled in a similar manner. As CryptoPotato reported, the Dow Jones, S&P 500, and Nasdaq 100 lost sizeable chunks of their value of around 5%, and so did Bitcoin. This invalidated the narrative for the decoupling of crypto from traditional stock...
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Government of India to Ban Cryptocurrency – Is it Materialistic or Imaginary?

Yet another day with the new buzz in the crypto space in India. Today morning I came across an interesting regulatory update on banning cryptocurrency in India. Let’s check out the sizzling story that just becomes the talk of the town among the crypto fans in India. Will the Cryptocurrency file finally move ahead in...
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Following a 240% Increase in 30 Days Zilliqa Recovers From BTC’s Latest Drop. ZIL Price Analysis

After reaching $0.03 mark yesterday, ZIL for support around $0.024 and bounced back. Zilliqa’s parabolic move looks strong, but it’s maintaining higher highs and higher lows on the 4-hours time frame. ZIL/USD: Zilliqa Bouncing Back Key Resistance Levels: $0.03, $0.032, $0.034 Key Support Levels: $0.024, $0.0226, $0.0198 ZIL/USD. Source: TradingView Zilliqa saw an impressive performance...
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Despite The Growing Interest, India Might Ban Bitcoin Once Again

According to recent reports, the Ministry of Finance in India has proposed to ban digital assets. The move comes only three months after the nation’s Supreme Court revoked a two-year-old ban. India Changes Its Mind On Crypto (Again)? A local report from today informed that India’s Ministry of Finance had moved a note for inter-ministerial...
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Ethereum Price Stages Recovery Amid Fall Towards $230

Ethereum met with a brisk downfall in which about 8% of its price was lost in the last 24 hours. The fall which transpired in prices plummeting below critical support at $235 happened after bitcoin failed the resistance at $9,900 about 48 hours ago. Ethereum price is immediately roaming around the $235 area as the...
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Bitcoin Price Analysis: After Losing $1000 Yesterday, Is Mid-March Crash Starting All Over Again?

Recap of June 11, 2020: Bitcoin price touched nearly $10K as the daily high, and just a few hours later, the price plunged to almost $9K ($9078 on Bitstamp) as the daily low. In our previous price analysis reports from the past days, we anticipated a huge move. This is from yesterday’s analysis: “Bitcoin’s mid-term...
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Bitcoin (BTC) $ 67,878.19 0.83%
Ethereum (ETH) $ 2,427.21 0.96%
Tether (USDT) $ 0.999816 0.02%
BNB (BNB) $ 555.30 0.02%
Solana (SOL) $ 161.62 0.20%
USDC (USDC) $ 1.00 0.07%
XRP (XRP) $ 0.509763 1.93%
Lido Staked Ether (STETH) $ 2,426.94 0.97%
Dogecoin (DOGE) $ 0.158567 7.71%
TRON (TRX) $ 0.163879 0.26%