North Korean Hackers Secretly Mining Crypto

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According to South Korean cyber crime analysts at Financial Security Group, a hacking ring known as Andariel have been seizing control of computers to mine cryptocurrencies. It’s believed that they’re operating from within North Korea and it is sanctions against Kim Jong Un’s regime that is causing the hackers to […]

Egypt: Islam Forbids Bitcoin

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Egypt’s Dar Al Iftaa have issued an Islamic Ruling (Fatwa) which expressly forbids using Bitcoin as a means of exchange on religious grounds. According to multiple government ministers, the cryptocurrency threatens the economy, funds terrorism, and because it lacks set rules, it is “considered as a contract annulment in Islam”. […]

Bitcoin Analysis January 3, 2018

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BTC/USD Bitcoin has dipped a bit during the trading session on Tuesday, but at this point it looks like there is a large descending triangle trying to form, putting bearish pressure on Bitcoin. Because of this, we are either going to consolidate back towards the $16,000 level, or we will […]

Ethereum Analysis January 3, 2018

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ETH/USD Ethereum started out the year very strong, reaching above the $850 level. At this point, it appears that the market is trying to continue the upward pressure, and perhaps go looking towards the $900 level. Longer-term, we have just broken out of an ascending triangle that suggests we could […]

DASH and Litecoin Analysis January 3, 2018

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DASH/USD DASH rallied a bit during the trading session on Tuesday, and as we continue to consolidate. The $900 level underneath being the “floor”, while the $1200 level above is the “ceiling.” The market does have a slight tilt to the downside though, so it will probably be difficult to […]

Bitcoin Price Watch; New Year, New Levels

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It’s Tuesday morning and it’s time for the first of our twice-daily bitcoin price watch analysis pieces of 2018. Last year was a monster year for the entire cryptocurrency space but exactly how the coming year is going to play out is anybody’s guess. Obviously, we are hoping for some […]