Cryptoflame

Over the last couple months, weve been tracking a potential Distribution Trading Range at the top of bitcoins market cycle. Today, we have received higher confidence that bitcoin may have topped out. At around 300 p.m. EST, bitcoin broke through the bottom of the trading range and is now seeing aggressive selling as long positions begin to close and short positions begin to open. Today marks the first day of lower lows since bitcoin topped out around $20,000Figure 1 BTC-USD, 4-Hour Candles, D

The post China Looks to Ban &038 Censor Centralized Cryptocurrency Trading Reports appeared first on CCNnChinas clampdown on cryptocurrencies continues as financial authorities reportedly plan to block domestic access to cryptocurrency trading platforms that enable centralized trading, within China and beyond. A little over a year after China began its crackdown on the local cryptocurrency ecosystem, that scrutiny is now set to escalate further. Citing sources, Bloomberg is reporting thatnTh

The post Cryptocurrency Market Bloodbath Bitcoin, Ripple, et al. Decline in Value appeared first on CCNnToday, on January 16, the cryptocurrency market experienced a major correction, for the third time in the past 10 days. The price of most cryptocurrencies including bitcoin, Ripple, Ethereum, and Bitcoin Cash declined by around 10 percent, while small cryptocurrencies recorded larger losses. With the exception of NEO and Monero, all of the top 20nThe post Cryptocurrency Market Bloodbath Bitcoi

The post NEO Shows Poise While Other Cryptocurrencies Struggle appeared first on CCNnThe post NEO Shows Poise While Other Cryptocurrencies Struggle appeared first on CCNn

The post Newsflash Bitcoin Price Plummets Near $11,000 in 2018-Low appeared first on CCNnBitcoin price dropped to a 2018-low during Tuesdays morning trading GMT, losing over $2,300 Bitfinex in a 17 fall in just under 3 hours. Dampened by regulatory scrutiny in Korea, home to one of the worlds biggest crypto markets, bitcoin and other cryptocurrencies continued their descent today. After opening Tuesdays trading near $13,500 on USD-basednThe post Newsflash Bitcoin Price Plummets Near $11,000 in 2

The post JioCoin Indias Biggest Conglomerate to Launch its Own Cryptocurrency appeared first on CCNnReliance Industries, Indias biggest and most valuable conglomerate, is diving into blockchain development that will also see the company create its own cryptocurrency, JioCoin, through its telecom subsidiary Reliance Jio Infocomm. According to a regional report by LiveMint, Indian telecom giant Jio Infocomm is establishing an initiative dubbed the JioCoin project that will see anThe post JioCoin

The post Vitalik Buterin Leaves China-Based VC to Focus on Ethereum Development appeared first on CCNnVitalik Buterin, the co-founder of Ethereum, has left China-based venture capital firm Fenbushi Capital according to TechCrunch, to focus on the development of Ethereum. Focusing on Ethereum Buterin announced that he has stepped down from his role as a general partner of Fenbushi Capital, which has been one of the most active investors in thenThe post Vitalik Buterin Leaves China-Based VC to Foc

The post Bitcoin Price Tumbles as China&8217s Central Bank Tightens the Noose on Cryptocurrency Traders appeared first on CCNnChina&8217s government dealt the cryptocurrency markets a severe blow on Tuesday, as multiple outlets reported that the central bank officials plan to block residents from accessing foreign cryptocurrency trading exchanges. The news took the wind out of the market&8217s sails, and led by the bitcoin price, every top 100-cryptocurrency lost value against the US

via ETHNews http://ift.tt/2DbI6Te

via ETHNews http://ift.tt/2DbZ43X

via ETHNews http://ift.tt/2DoEwZp

via ETHNews http://ift.tt/2B6ZoPO

via ETHNews http://ift.tt/2mJIan8

via ETHNews http://ift.tt/2rbCQxE

On January 13, an unknown hackers hijacked the DNS server for BlackWallet.co, a web-based wallet for the Stellar Lumens cryptocurrency, and redirected it to their own server.Security researcher Kevin Beaumont, who analyzed the code, said, The DNS hijack of Blackwallet injected code, if you had over 20 Lumens it pushes them to a different wallet. It is estimated that nearly 700,000 Lumens XLM were stolen, with a current value of over $400,000. Warnings and alerts not to log into the BlackWalle