Tom Lee: Bitcoin Selling Pressure Could Dry Up After Tax Day

Ever the Bitcoin bull, Tom Lee usually has an optimistic perspective for Bitcoin investors. He was bullish when the market was green and the recent downtrend hasn’t dampened his positivity too much. The Fundstrat cofounder believes that the upcoming Tax Day should cause much of the current bleeding in the markets to stop. Crypto Traders […]

3 Reasons Why Bitcoin Price Will Rebound in Q2 2018

It’s been a hazy start to the year for bitcoin, but here comes the sun. After shedding $119 billion-plus from its market cap in Q1 amid pressure from regulators and the cold shoulder from advertising platforms, the bitcoin price is ready for a rebound. And it appears the stars are beginning to align for that to happen […]

$1.1 Million: Malicious Miner Exploits Verge Network for Seven-Figure Payday

Privacy-centric cryptocurrency Verge (XVG) has adopted an emergency hard fork to address a bug that allowed a malicious miner to exploit the network’s mining algorithm for a seven-figure payday. The attack appears to have first been discovered by BitcoinTalk user ocminer — the operator of altcoin mining pool Suprnova — who posted a thread on […]

Lightning Network Wallet Eclair Now Available on Mobile

Bitcoin users can now access the Lightning Network (LN) through their mobile devices, thanks to a new release from French cryptocurrency startup ACINQ. On Wednesday, the Paris-based developer released the first mainnet version of Eclair Wallet, a mobile Lightning wallet compatible with Android devices versions 5.0 and up. The app is the first mobile wallet […]

In a Blow to Bitcoin, India Bans Banks from Dealing in Cryptocurrencies

In what amounts to a major clampdown down on bitcoin and other cryptocurrencies, the Reserve Bank of India (RBI) announced in a press release today, April 5, 2018, that it is banning banks and regulated financial entities from dealing with digital currencies. “In view of the associated risks, it has been decided that, with immediate […]

Japanese Cryptocurrency Exchange Coincheck Accepts Monex Takeover Bid

Coincheck, the Tokyo-based cryptocurrency exchange that has been struggling to get back on its feet since it suffered a devastating hack on January 26, 2018, has agreed to accept a takeover bid by Monex Group, a Japanese online brokerage firm. As part of that, Chief Operating Officer at Monex Toshihiko Katsuya will to take over […]