Ethereum Options Sellers Exceed Buyers, Will ETH Price Drop Below $130?

An analysis of Ethereum Options at Deribit, a crypto derivatives trading platform, reveals that the trading community expects ETH prices to tank in days ahead.
A tweet from Skew, a real-time crypto market analytics platform, shows that a majority of Ethereum Options traders are bearish, and that there is a one-way flow of bearish positions as the number of Call_Sells outstrip Call_Buys, at 93% and 3% respectively.
Overly, this shows that traders’, despite bullish sentiments from coin holders and influential developers, are jittery, and bearish against the expectation of the developer community who are upbeat, banking on on-chain development to spur a price ETH rebound from spot rates.
Call_Sells Indicative of Ethereum Bear Pressure

👀 #OneWayFlow
— skew (@skewdotcom) December 11, 2019

Clearly, the prevailing sentiment is bearish and there are many traders waiting to buy ETH for cheap. That explains the high number of Call_Sells.
Call_Sells, unlike Call_Buys, is a bearish signal and occurs when the number of bulls, though upbeat, are bearish in the immediate term. 1,200 such positions were placed at Deribit as shown in the screenshot. For that specific reason, they place bets to buy the coin at lower prices.
In contrast, there were just 44 Call_Buys meaning the number of traders expecting ETH prices to surge over the short-term was fewer than the herd.  According to an analyst, Call_Sells point to price weakness:
“it means that the most taker positions are people wanting to sell calls, this taking a bearish bias on the market (call is an option to buy so if you’re selling that you’re actually hoping for prices to be lower).”
Deribit Responding to Clients’ Demand
In Q1 2019, the Dutch-based derivatives trading platform launched Ethereum Options for the first time allowing the trading of European Style, Vanilla options.
A Vanilla Option has no specific feature but like any other Options contract, it gives the owner the right, not an obligation, to buy or sell the underlying within a specific time frame at a pre-determined price.
Institutions use derivatives like Bitcoin Futures and Options for risk management and to hedge their portfolios. Responding to user demand, the CEO and founder of Deribit, John Jansen, said many OTC desks and customers were eager to see the launch of ETH options.
ETH Route to $130?
Source: Coinstats
At spot rates, ETH is dangling precariously at $144. However, it remains to be seen whether prices will fall below the immediate support line at $130 and later $100 as mentioned in previous ETH/USD price analyses.
The post Ethereum Options Sellers Exceed Buyers, Will ETH Price Drop Below $130? appeared first on Coingape.
Source: CoinGape

Ethereum’s Volatility Is at Multi-Year Lows; Is a Massive Movement Imminent?

Ethereum and the aggregated crypto markets have been caught in a firm downtrend since early-November, and dwindling trading volume has resulted in ETH and other cryptocurrencies facing an ongoing period of sideways trading that has been frustrating for investors and traders alike.
This lack of volatility has especially impacted Ethereum, which is currently witnessing the lowest 60-day volatility levels seen since 2016, which may signal that a massive movement is imminent.
Ethereum Enters Tight Trading Range as Volume Dives
At the time of writing, Ethereum is trading down just under 1% at its current price of $144.55, which marks a slight decline from its daily highs of just over $146.
Over the past week, ETH has been ranging within the mid-$140 region, finding strong support at roughly $140 and strong resistance at $150.
This trading range has been growing tighter in recent times, as ETH has been stuck between roughly $142 and $145 for the past few days, and it is currently showing few signs of any major trend shift being imminent in the near-term.
This bout of sideways trading has come about concurrently with a major drop in Ethereum’s 60-day aggregated volatility, which is currently sitting at multi-year lows.
CoinMetrics, a blockchain research firm, spoke about this in a recent tweet, noting that this could mean that a big price movement is imminent.
“With $ETH’s 60d volatility falling to levels not experienced since 2016 are we finally due for some price action? Or just more of the same,” they noted while pointing to the chart seen below.

With $ETH's 60d volatility falling to levels not experienced since 2016 are we finally due for some price action? Or just more of the same…
— (@coinmetrics) December 13, 2019

It is highly probable that any near-term ETH movement will still remain somewhat dependent on Bitcoin, as BTC has been a strong guiding force over major altcoins in recent times.
Will Fundamental Strength Help Push ETH Higher?
Although it remains unclear as to whether or not Ethereum’s low volatility will result in a massive movement, growing fundamental strength could ultimately help propel the cryptocurrency higher.
Joseph Lubin, Ethereum’s co-founder and the founder of ConsenSys, spoke about Ethereum’s strength in a recent tweet, pointing to the massive amount of ETH currently locked DeFi initiatives as one reason why the blockchain is fundamentally strong.
“Over 20M total #Ethereum accounts were created in 2019. Over $650M USD is currently locked in #DeFi. Over 4.5M $ETH was issued this year from block rewards. The @ethereum machine just keeps chugging!” He explained.

Over 20M total #Ethereum accounts were created in 2019.
Over $650M USD is currently locked in #DeFi.
Over 4.5M $ETH was issued this year from block rewards.
The @ethereum machine just keeps chugging!
— Joseph Lubin (@ethereumJoseph) December 13, 2019

While considering Ethereum’s low volatility and bullish fundamentals, it does appear that a bullish trend could be right around the corner.
Featured image from Shutterstock.
The post Ethereum’s Volatility Is at Multi-Year Lows; Is a Massive Movement Imminent? appeared first on NewsBTC.
Source: New

Why Should I Buy Cryptocurrency?

Cryptocurrency allows you to move away from big banks
Decentralisation has a lot of major benefits

As soon as you tell somebody you’re a cryptocurrency investor, or that you use Bitcoin, the first thing you’ll be asked is no doubt something along the lines of ‘why should I buy cryptocurrency’ or even more annoyingly… ‘tell me why I should by cryptocurrency’ as if you’re some sort of Bitcoin salesperson. 
When this happens, there are of course a million reasons for and against buying cryptocurrency, such as freedom, decentralisation, profit, technology and the future. Downsides include debt, bad investments, literally running out of money and other factors including harm to the environment (through Bitcoin mining). So, what do we tell these people, why should they buy cryptocurrency?

The first key reason to me is decentralisation and the idea of being able to move away from central banks and governments.

Crypto allows us to control our own money and therefore, it’s got a huge advantage over FIAT currency which isn’t really owned by us. Decentralisation however does incite fear to many, and often follows with connotations of money laundering and crime, as a result of many silk road scandals and the likes, so, if you start talking about decentralisation, make sure you explain it from a technical perspective. This is where ‘blockchain technology’ comes in. This is a key selling point for cryptocurrency, because the blockchain is more than just a crypto product, the blockchain is a product of an automated and more efficient future. So, if you want to be a part of that, buy cryptocurrency, it’s as simple as that.

If you’re a successful investor and somebody asks you this question, you’ll no doubt want to let them know that your investments have been good. So yes, tell them that they can make some money out of it, though don’t be smug. Always remember to let your peers know that cryptocurrency investment is risky, no matter how much money you’ve made, your pals might not be driving away in a Porsche anytime soon as a result of it. 
Lastly and quite importantly, choice. Everyone has the choice to buy cryptocurrency and ultimately, if you want to be a part of this industry, you will. When you get asked this question, why not offer the person your help in doing some research. Tell them the reasons you buy, and then let them go off and research it a little bit more. The more we help each other, the more our own investments will benefit in the future!
Source: Crypto Daily

What’s Next For Bitcoin (BTC) Before 2020?

The UK election is finally over with the Conservative Party taking the lead. With Boris Johnson back in the office, we can be sure that he will “get Brexit done” and the markets will see continuity. The uncertainty that we have seen around Brexit that stalled some major market developments will likely unfold now. The recent move in EUR/USD saw the pair soaring high yesterday. It went on to make the long anticipated triple top. However, the cryptocurrency market did not follow as Bitcoin (BTC) and other coins kept on trading sideways while the Euro and the British Pound made big strides against the US Dollar.

Bitcoin (BTC) could move up to rally towards the $7,442 level but it not likely to break past that. Even if it does manage to do that, the upside is quite limited compared to the downside. The price could rally towards $8,000 in the best-case bullish scenario but it could fall much lower in the bearish scenario which at this point is more probable. The 4H chart for BTC/USD shows the price ready to decline any time now. The conditions are prime for such a decline and if we see some sort of weakness in the S&P 500 (SPX) or the EUR/USD forex pair, then this decline would be hastened with altcoins like Ethereum (ETH) losing much more compared to Bitcoin (BTC). This is why it is not a good time to be long on ETH/USD simply because the risk reward is not worth it.

There is a strong probability of the cryptocurrency market losing much more ground in the weeks ahead. The 4H chart for ETH/BTC shows that Ethereum (ETH) has failed to gain ground against Bitcoin (BTC). Meanwhile, XRP/USD has entered another moon phase and now risks further downside. The preceding phase comprised mostly of sideways movement which means that the current phase could see a big move which we expect to be to the downside. Even though investors are fearful at the moment and the Fear and Greed Index is at “extreme fear” which is often a time to expect some sort of a near term reversal, it is important to realize that most technical indicators do not support a reversal just yet. The price of Bitcoin (BTC) is more likely to plunge below the 100 Week EMA down to the 200 Week EMA in the weeks ahead. We could see some sort of short-lived upside follow from there but until then there is no reason to be bullish on the market. In fact, any near-term bullish move before 2020 might be an opportunity to sell or short sell and not buy until conditions change.
Source: Crypto Daily

Boris, Brexit, and Bitcoin: How the UK’s General Election Might Impact Crypto

In yesterday’s UK General Election, the British people voted for the Conservative Party to take office for another term. The pound responded with a sudden rise in value reminiscent of a Bitcoin move.
However, with the now majority Conservative party campaigning to just “get Brexit done”, the future value of both the pound and euro is anything but certain. Economic uncertainty has long been linked with rising Bitcoin interest, and there is no shortage of that in the UK at the moment.
Does Bitcoin Become More Alluring in Times of Uncertainty?
Last night’s general election in the UK represented a serious upset to political norms of the nation. Several consistently held left wing strong holds fell to the rightist Conservative Party. The result, announced this morning, will see the first majority Conservative government take power since 1992.
The Conservative’s traditional opposition in the essentially two party British system is Labour. Led by Jeremy Corbyn, a very much love him or hate him, old school socialist type, business interests would have certainly been threatened if the UK’s largest left wing party got past the post first. The markets breathed a sigh of relief  as the party of business came out a clear winner in the early hours of this morning.

Pound shoots up like a Bitcoin pump. Up 2.3%.
— West 93 (@ViewFromBlock93) December 12, 2019

Despite the sudden gain in the pound’s value, Brexit still looms and the nature of the UK’s now-as-good-as-certain departure from the European Union is anything but clear. Boris Johnson, the previous and continuing Prime Minister, campaigned and won alongside a ruthless media machine with the simple message to “get Brexit done”.
It seems likely that any exit from the European Union will see both the euro and pound devalued, at least in the short term. A particularly abrupt exit without any form of trade deal could leave the pound in a bad way for the foreseeable future. In times of such uncertainty, store of value assets become attractive.
Although Bitcoin has hardly proved itself a store of value yet, the leading digital currency does possess all the qualities of something typically highly valued – it’s finite in issuance and it’s incredibly difficult to create more of. For these reasons, Bitcoin has often been compared to gold. The only thing the digital currency lacks is the historical precedence of gold, which is something it’s working on.
It would be naive to assume that Brexit alone will encourage UK citizens to go out and buy Bitcoin in their droves. However, events like Brexit are clear symptoms of an increasingly fractured world. In a time of widespread distrust, it seems only a matter of time before a system that removes the need to trust a fallible human gains significantly in popularity. Many early Bitcoiners talk about the Greek or Cypriot banking crisis as fuelling their own interest in the digital asset. It, therefore, doesn’t seem like much of a leap to think that the threat of losing savings thanks to a badly handled Brexit will encourage more folks to explore alternatives too.
Related Reading: Faced with EU AML Regulations, Bitcoin Social Tipping Platform Terminates Service
Featured Image from Shutterstock.
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Source: New

Bitcoin Cash not capable of attracting investors for now: Report

Recently, Falcon Private Bank published the latest edition of the Falcon Crypto Monthly report, a publication that addressed Bitcoin and altcoin market movements over the last month and derived insighThe post Bitcoin Cash not capable of attracting investors for now: Report appeared first on AMBCrypto.
Source: AMB Crypto

Bitcoin is Entering a Critical Junction; Here’s What Analysts are Saying

Analysts widely anticipated Bitcoin to begin incurring heightened volatility following its recent movement up to $7,500 that was instantly followed by a full retrace. Despite these expectations, BTC has remained stuck within the $7,200 region as it struggles to garner any momentum.
Analysts are now noting that the cryptocurrency may currently be at a critical junction that will determine the direction it trends in the coming weeks and months, which comes as BTC finds itself caught within a tight trading channel.
Bitcoin Caught in Ascending Channel as Analysts Look Towards Next Big Movement
At the time of writing, Bitcoin is trading up just under 1% at its current price of $7,275, which marks an extension of the bout of sideways trading that it has been experiencing over the past week.
Earlier this week, BTC incurred a swift and decisive surge that sent its price all the way up to $7,500 on major trading platforms like BitMEX, although its inability to maintain this momentum led it to fully retrace all of these gains.
The candle wick that resulted from this movement signals that mid-$7,000 region is a strong resistance level for the cryptocurrency and led many analysts to expect further short-term losses for the cryptocurrency.
In spite of this, BTC has been able to hold steady within a tight trading channel, which may continue to hold strong in the near-term.
Scott Melker, a popular cryptocurrency analyst on Twitter, spoke about this in a recent tweet, noting that BTC is “channel surfing” while pointing to the chart below.

Channel Surfing.
— The Wolf Of All Streets (@scottmelker) December 13, 2019

Analyst: BTC Could Be Nearing a Critical Junction 
As for where this channel could lead Bitcoin’s price, one analyst is noting the where BTC closes in the coming hours could offer significant insight into where it heads next, as it is currently at a “critical juncture.”
“$BTC: Critical juncture here, plays to be made depending on the outcome of the next 1H close. Close above and I’ll look for longs, below and I think we move south. At the moment it is looking like a rejection… let’s see,” HornHairs, a popular cryptocurrency analyst on Twitter, explained.

Critical juncture here, plays to be made depending on the outcome of the next 1H close.
Close above and I'll look for longs, below and I think we move south. At the moment it is looking like a rejection… let's see.
— HornHairs (@CryptoHornHairs) December 13, 2019

The coming weekend trading period may elucidate whether Bitcoin will be able to gain some upwards momentum and end the year on a high note, or if the ongoing downtrend will extend into the new year.
Featured image from Shutterstock.
The post Bitcoin is Entering a Critical Junction; Here’s What Analysts are Saying appeared first on NewsBTC.
Source: New

Faced with EU AML Regulations, Bitcoin Social Tipping Platform Terminates Service

A popular service for tipping social network users has announced that it will cease functioning on New Year’s Eve. BottlePay links social accounts with Bitcoin wallets to allow users to reward each other for agreeable content.
The news comes in response to EU anti-money laundering regulations. BottlePay has confirmed that users will still be able to withdraw funds up until the end of the year.
Regulations Force Bitcoin Tipping Tool to Call it Quits
According to a press release published earlier today by BottlePay, the social Bitcoin tipping service, will cease to exist at the end of the year. The company cited incoming EU money laundering regulations as the reasoning behind the sudden termination.

To maintain our integrity as service providers, and to protect the interests of our users, we have taken the painful decision to shut Bottle Pay down rather than become subject to the new #5AMLD regulations. Please withdraw funds within the next 2 weeks.
— Bottle Pay (@bottlepay) December 13, 2019

The custodial wallet provider is based in the UK and since the nation is in Europe, for now at least, it would need to comply with new anti-money laundering regulations coming in on January 10, 2020. BottlePay claims that the measures would require it to demand too much information from its users to continue offering a service comparable to that it currently does. Rather than transform it into something barely recognisable, the team has decided to call it quits.
Those behind the service write:
“The amount and type of extra personal information we would be required to collect from our users would alter the current user experience so radically, and so negatively, that we are not willing to force this onto our community.”
BottlePay says it has already terminated all its tipping bots on Twitter, Reddit, Telegram, and Discord. It is also not accepting new signups or deposits as of the time of the announcement. Any funds that have already been sent but not claimed will be returned to the sender within a week.
For those already using the service, withdrawals will remain online until 13:00 GMT on December 31. BottlePay will donate any funds still in wallets after this time to The Human Rights Foundation.
The company assures its existing users that any Bitcoin held in wallets is perfectly safe. It encourages its users to take down any payment page links from social profiles, to withdraw funds, and to uninstall the browser extension.
This is not the first time the evolving regulatory landscape has left cryptocurrency companies in a difficult position. When faced with a similar predicament, the once-anonymity-focused exchange platform ShapeShift alienated many of its users by introducing “know your customer” checks and identification verification.
Evidently, BottlePay is keen to not disappoint its users in such a way. It writes:
“… we feel confident we can close Bottle Pay with our heads held high, knowing that we always acted with the well being of our users foremost in our minds.”
Related Reading: Stablecoins Could Be Crypto’s True Killer App
Featured Image from Shutterstock.
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Source: New

Cryptocurrencies And Blockchain Gaining A Foothold In These Central Asian Countries

As the cryptocurrencies are increasingly getting more and more popular, the world starts to take differing positions with regard to their legality and mass adoption. Some countries have outright banned the new digital currencies and their parent system blockchain, while others have taken a more liberal approach, letting the market do its job.
And while the latter ones are probably doing a favor to their economies, even the former ones cannot be judged for their decisions. Just look at it this way: the original idea for creating Bitcoin was to take away governments’ monopoly over fiat currencies that were causing various problems like rapid inflation, increased surveillance, etc. Blockchain didn’t allow any centralized authority to monitor anyone’s financial transactions, let alone to control and terminate them.
China, Bolivia, Columbia, Ecuador – these are some of the countries with the most stringent crypto regulations in the world right now. However, there are some other countries that don’t really share the same enthusiasm or, to put it more clearly, skepticism. And if one particular region can be brought as an example here, it’s definitely Central Asia. 
These so-called seven “-stan” countries – Kazakhstan, Uzbekistan, Turkmenistan, Kyrgyzstan, Tajikistan, Pakistan, and Afghanistan – have taken a more or less crypto-friendly approach and allowed the new technologies to change their industries. In this article, we’ll take a look at some of the most prominent examples of crypto and blockchain usage in those countries.
Afghanistan’s blockchain-powered health sector
Afghanistan is one of the few countries to try a new blockchain system in its healthcare industry. Just recently, in November this year, the country’s Ministry of Public Health signed an agreement with one of the most popular blockchain startups in the country that aims to bring new opportunities to Afghanistan’s health sector.
As the agreement implies, blockchain will be used to terminate the spread of counterfeit drugs, as well as making patient and hospital records inscribed in a digital system. By doing so, these records will forever be stored on the blockchain and no one will be able to change or delete them.
Pakistan’s double-sided crypto policy
Pakistan is a peculiar case in a sense, and here’s why: Generally, the country has the cryptocurrencies banned altogether. No entity is allowed to exchange them or buy stuff using Bitcoin, Ether, or any other digital currency. And many civic activists, as well as private entrepreneurs, have voiced their criticism towards this oppressive digital regime. Things have even gotten to a point where the Sindh High Court has to decide the legality of the Pakistani central bank’s decision.
But, this ban notwithstanding, the government has been looking for various blockchain applications itself. Earlier this year, government officials started to search for ways to digitize some of the most crucial government operations. The government even created a special unit under the name Digital Pakistan. And to top it all off, it even wants to issue Pakistan’s own cryptocurrency by the year 2025.

Kazakhstan taking the most radical approach
In this somewhat mild approach towards cryptocurrencies in the region, Kazakhstan has decided to take a completely liberal direction and make some concessions to the crypto miners.
As the lawmakers in the country are moving forward with their draft bill about cryptocurrencies, Kazakhstan is set to become one of few countries that willingly gives tax exemptions to its citizens. In fact, crypto mining is going to be considered as a “purely technological progress” and generally, no one wants to impede the dynamo of progress.
But there’s a catch: as long as the mining and exchange process stays within the cryptocurrency confines and doesn’t spill over to fiat currencies, they won’t be subject to taxation. However, if the users exchange Bitcoin or any other digital currency into “real money”, then it’ll be considered a full-fledged financial operation that can and should be taxed.
As this proposed bill suggests, Kazakhstan sees the value of modernization in cryptocurrencies. And while they’re going to enjoy tax exemptions, the crypto mining farms will still be subject to taxes since they’re treated as data centers in the country.
Kyrgyzstan on the offensive
While Kazakhstan is testing out various methods to free its crypto miners from heavy tax burdens, Kyrgyzstan is taking a different route here: the government banned cryptocurrencies in 2014 and has been on the offensive for quite a while now.
However, crypto miners still managed to take a foothold in the country, mainly due to its cheap electricity. And that’s where the Kyrgyzstan government decided to hit them: in September 2019, almost 50 crypto mining establishments were cut off from the electricity. As the government authorities put it, they were using an enormously high amount of electricity for mining.
Beyond that, the government is still looking for ways to further tax the miners. The Ministry of Economy has already begun the process of changing the tax code in favor of crypto taxation. And since the industry is already pretty large there, taxation can bring some cash in the state budget as well.
Uzbekistan’s overly positive attitude
Uzbekistan has taken more or less the same route here: the government increased power tariffs for miners four times. The power consumption is the same problem for Uzbekistan as it is for Kyrgyzstan and the government is set to distribute the electricity more “fairly”. 
Other than that, cryptocurrencies, including mining and trading, remain completely legal in the country. Some entities even enjoy tax exemptions. This indicates that the Uzbekistan government remains overly positive towards cryptocurrencies and blockchain. Just like in Afghanistan, Uzbekistan has also made efforts to digitize some government projects in 2018.
Source: Crypto Daily

VeChain Official Buyback Address Hacked, Funds Stolen, According to the Announce

VeChain Official Buyback Address Hacked, Funds Stolen, According to the Announce
VeChain Hack exposed to public: Foundation Announcement claims that their 1.1 billion VET address was hacked on December 13, 2019.
VeChain Official Buyback Address Hacked, Funds Stolen, According to the Announce

Continue reading at Coinspeaker
Source: CoinSpeaker

Tether's distribution dominated by 119 addresses holding 64% of circulating USDT

Despite a controversial back and forth with Bitfinex and the New York Attorney General’s Office, Tether has managed to remain popular and dominate the digital asset market in 2019. The demand for TethThe post Tether’s distribution dominated by 119 addresses holding 64% of circulating USDT appeared first on AMBCrypto.
Source: AMB Crypto

VeChain Buyback Crypto Wallet Hacked of 1.1 Billion VET

Cybercrime is rife across the crypto industry, ranging from SIM-card swap hacks, phishing attempts, password cracking, and even cryptocurrency mining malware. Today, the altcoin project known as VeChain experienced that first hand.
The project’s buyback wallet containing a substantial amount of VET tokens was hacked, and the VeChain Foundation is now hard at work doing their best possible damage control and trying to lock down the stolen assets.
VET Buyback Wallet Compromised, 1.1 Billion Tokens Stolen
According to the VeChain Foundation, via both Twitter and a detailed Medium post further explaining the incident in full, on December 13 at 8:27PM, the foundation’s buyback wallet was “compromised” with hackers making off with “approximately 1.1 billion VET tokens.”
Related Reading | Bolster Your Personal Opsec With This Crypto Investor Checklist
The hacker transferred the 1.1 billion stolen VET tokens, valued at roughly $6.4 million at current VET prices, to the blockchain address 0xD802A148f38aBa4759879c33E8d04deb00cFB92b. The VeChain Foundation has tagged the address, so that any addresses the hacker attempts to move the funds to can also be traced, in hopes of preventing the hacker from ever cashing out the stolen crypto.
VeChain Foundation Vows To Get To The Bottom Of Hack
The VeChain Foundation has taken a number of steps to prevent further issues from arising from the hack, including immediately coming forward to the community with details as soon as possible after the hack occurred.
In addition, they’re reaching out to all crypto exchanges across the market, asking them to “monitor, blacklist, and freeze any funds coming from the hacker address.” They’ve also launched a full-scale “investigation” into the address to determine “motive, method, and data flow” behind the “malicious act.”
VeChain Foundation has also enlisted a team of blockchain and cybersecurity experts to assist with the research, and are conducting a security check of all other wallets related to the foundation to ensure no other wallets have been compromised. Lastly, the incident was reported to local law enforcement in Singapore, who will also investigate the crime further.
The team plans to issue another update once more information is available and is doing its best to be transparent with holders of VeChain tokens.
VeChain had been climbing in recent weeks on the heels of a mention in a Chinese newspaper but has since collapsed following the hack. VeChain has fallen over 6% in the last hour since the news broke across the internet and crypto Twitter and is down 15% over the last week as the asset’s rally began to cool off.
Related Reading | VeChain Price Surges 120% After Chinese Newspaper Mentions the Crypto
Hackers flock to cryptocurrencies, according to one Google security expert, who says that they can’t resist the layer of psuedo-anonymity they provide and the fact they exist digitally, making it easier for them to access as a result.
The post VeChain Buyback Crypto Wallet Hacked of 1.1 Billion VET appeared first on NewsBTC.
Source: New

Ripple’s Cross-Border Provision Acclaimed by Bank of America, Will It Boost XRP Price?

Ripple’s Cross-Border Provision Acclaimed by Bank of America, Will It Boost XRP Price?
Bank of America admits that Ripple offers a truly innovative solution. But there is still a question whether it will impact the XRP price positively.
Ripple’s Cross-Border Provision Acclaimed by Bank of America, Will It Boost XRP Price?

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Source: CoinSpeaker