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Bitcoin Remains in Consolidation Above Key Barrier


Source: iStock/Sasha_Suzi Following an extremely turbulent past few days in the traditional financial markets, with an unexpected rate cut from the U.S. Federal Reserve (Fed) yesterday, bitcoin (BTC) is still trading above the key 200-day moving average line. As of press time on Wednesday (13:47...

Tezos Remains in Green as Top 9 Coins Erase Weekly Gains


After an increase in price of about 170% since the beginning of 2020, there’s no denying that Tezos (XTZ) has been on a roll in the market this year. Today, the cryptoasset, which aims to challenge Ethereum (ETH) as the leading smart contract platform, stood out once again as the only coin in...

IRS Says No Taxes on Gaming Cash, Crypto Regulation Remains Hazy


U.S. taxpayers have been freed from tax obligations on gaming transactions carried out with virtual cash, according to recent language modifications to the Internal Revenue Service (IRS) webpage. However, confusion still remains in the IRS tax regulations for real cryptocurrencies. The website...

Bitcoin and Altcoins Dip Remains Attractive To Bulls


Recently, bitcoin price made another attempt to climb above the USD 10,500 resistance area. However, BTC/USD failed to continue convincingly above USD 10,450 and recently started a downside correction. On the downside, there are many key supports near USD 10,050 and USD 10,000. Besides, there was...

No Reprieve for LocalBitcoins Traders whose Bitcoin Remains Locked up


Bitcoin (BTC) traders say they are still waiting to regain access to their tokens two weeks after peer-to-peer cryptocurrency exchange LocalBitcoins quietly suspended their accounts. Account-holders say they have been severely inconvenienced by the move, which has brought their trading operations...

Bitcoin Slides Below $10k, Yet Remains Committed to the Bull Affair


Bitcoin price slides below $10,000 after a day-long of acceptable bullish bias as it trades around $9,800. Why acceptable? Saw price at 10k, took a nap.One hour later, 10k again. Yawn.Looks at the chart. Holy shit that's some scam wicks — Squeeze (@cryptoSqueeze) February 10, 2020 Having...

True Scope of Crypto-Ransomware Attacks Remains Unknown


The exact scope of the financial impact of ransomware attacks carried out using cryptocurrency remains unknown, a new study says. According to the 2020 Crypto Crime report published by Chainalysis, a leading blockchain and crypto analytics firm based out of New York, more than $6.6 million was paid...

Bitcoin Shows Intraday Positivity Yet Remains “FLAT”


Bitcoin Investment Expectations: “Bitcoin is the new gold. Drop Gold, Buy Bitcoin.” “Bitcoin is the ultimate power in the global crypto market.” “Bitcoin has the potential to reach $1,00,000 by the end of 2020.” “Bitcoin investment is a safe haven and is likely to make its way through mass adoption...

Darknet Users Discuss the Connection Between DDoS Attacks and Exit Scams


During the last few weeks, a number of darknet markets (DNMs) like Dread and Empire have been attacked relentlessly with heavy DDoS attacks. Meanwhile, reports disclose that Apollon is allegedly pulling an exit scam in the same fashion as Nightmare Market did last year. Darknetstats.com details...

XLM Holds a Bullish Sentiment; Weekly Support Remains Intact


XLM price is on the rebound mode and has formed a support level at 38.20% Fib level Stellar has formed a bullish trendline over a week and is likely to sustain the bullish momentum The weekly support line is intact as yet; technicals look bullish at the moment Stellar (XLM) has been holding...

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