Alex Rathod

Altcoins
Tokens up as much as 50% as crypto price crash stabilises 
The last 24 hours have seen tokens including Ontology, VeChain and PundiX pump 50% gains versus the dollar as the freefalling crypto market stabilises. Bitcoin is also turning around and has recovered $500 in value since the beginning of the week, when on Tuesday it dipped to the critical price threshold of six thousand dollars. At the time of writing t is trading at $6,490. From the token market, VeChain…
ICO Fraudster Gets a Lifetime Trading Ban as Well as $30,000 Fine
Bitcoin
ICO Fraudster Gets a Lifetime Trading Ban as Well as $30,000 Fine
The United States Securities and Exchange Commission (SEC) has issued bars and a $30,000 fine to David T Lawrence, CEO of Tomahawk Exploration LLC, for what it describes as fraudulent ICO activity. The SEC has issued permanent officer-and-director and penny stock bars against Lawrence whose oil drilling company Tomahawk Exploration LLC, used an ICO format with a view to raise money from investors in order to open up to ten…
Bitcoin Highlighted by Bloomberg as Comparatively Stable Amid Turkish Lira Collapse
Bitcoin
Bitcoin Highlighted by Bloomberg as Comparatively Stable Amid Turkish Lira Collapse
With Turkey currently looking over the brink, Bloomberg has highlighted bitcoin’s relative stability compared to the troubled Turkish lira. If you take a look at any forex site at the moment and click on the Turkish lira to dollar or euro rate, the chart that comes up should look familiar; a rollercoaster line which looks like its taken a nose-dive over a cliff-edge. Turkey is becoming one of the first…
Get Onboard Bitcoin Before US Debt Leaves Fiat Worthless Kim Dotcom
Bitcoin
Get Onboard Bitcoin Before US Debt Leaves Fiat Worthless: Kim Dotcom
Kim Dotcom, the Finnish-German internet pirate or freedom-fighter (depending on your politics), has issued a warning to all people to buy bitcoin or risk losing everything once the debt-fueled US economy collapses. The bitcoin price is at a three-month floor at the moment but that might be very convenient for anyone who heeds the warnings of Kim Dotcom. Dotcom is a long-time bitcoin proponent and issued a further warning over…
Did TRX Just Become the Most Convenient Cryptocurrency There Is
Altcoins
Tron Payments Through Twitter and Other Social Media Platforms
With Seedit, a TRX payments facilitator which works through social media, users can now send payments to one another almost instantly through some of the world’s most popular social media platforms. Seedit is an app that could massively increase the ease-of-use for users of the Tron network. Using social media platforms which users are already integrated with it can facilitate the sending and receiving of TRX or any other Tron-based…
If Bitcoin Price Drops Below its Year-to-Date Support it’s “Game Over” A View From Wall Street
Bitcoin
If Bitcoin Price Drops Below its Year-to-Date Support it’s “Game Over”: A View From Wall Street
The last few days have been tough, and the market is taking a battering. Renaissance Macro Research, a financial and market analysis company has stated that if bitcoin is to ever recover it must not slip below its year-to-date support; if this happens, it may be “permanently impaired”. Jeff deGraaf, head of technical research at the company and a respected provider of trading insights over many years, made the comments…
Pantera Capital Market Sell-Off is ‘Over-reaction’ to ETF Delay
Bitcoin
Pantera Capital: Market Sell-Off is ‘Over-reaction’ to ETF Delay
Dan Morehead, CEO of Pantera Capital, one of the biggest exclusively blockchain-related hedge funds, has described the sell-off that has caused the current crypto-bloodbath as an “overreaction” to the delayed decision on a bitcoin ETF by the SEC and appealed for calm. As the SEC announced it was postponing a decision on a bitcoin ETF on August 7th, investors began one of the biggest sell-offs in recent months which saw…
Yale University Economists Publish Results into Crypto Price Prediction Research
Bitcoin
Yale University Economists Publish Results into Crypto Price Prediction Research
Researchers at the US’s prestigious Yale University have published a working paper which suggests a framework for predicting price trends in major cryptocurrencies including bitcoin, Ethereum and Ripple. If you have taken a look at the markets over the last couple of days and – whether verbally or just mentally – screamed, “WHY?!”  at the sea of red which once used to be an investment, your rhetorical question may actually…
Ukraine Trialling Blockchain Voting Using NEM Blockchain
Blockchain
Ukraine Trialling Blockchain Voting Using NEM Blockchain
Ukraine’s Electoral Commission have revealed that they are testing a voting scheme which uses the NEM blockchain to combat electoral fraud. The reveal was made yesterday (August 7th) in a Facebook post from Oleksandr Stelmakh, head of the State Register with the Electoral Commission of Ukraine. In the post, he explains how the project works and why voting is an ideal use case for the NEM blockchain, citing the impossibility…
Bitcoin Bulls Push Back Price Climbs Back Over $7,000 With Wall Street Support
Bitcoin
Bitcoin Bulls Push Back: Price Climbs Back Over $7,000 With Wall Street Support
With increased support coming from institutional investor groups, bitcoin’s price has slowly started moving northwards again after taking a tumble over the weekend. But can this momentum last? After shedding around $500 in value over Saturday to Sunday (August 4th & 5th) the brakes seem to have been successfully applied to this sell-off and today we have seen the price rising relatively convincingly above the $7,000 support to around $7,100.…