Markets Update: BTC Resistance at $10,000 Holds, Gains Dwarfed by Alternative Markets

The BTC markets have rallied to test resistance at the $10,000 area. Despite gaining 60% in just four weeks, BTC’s recent gains have been significantly overshadowed by those produced by many top performing cryptocurrency markets, including Bitcoin Cash – which has gained more than 225% since it’s early April lows. Also Read: Markets Update: BCH Prices … Read more

Bitcoin in Brief Saturday: Bulls Test $10,000, Russian Crypto-Millionaire Found Dead, Cobinhood Launches IOTA Trading

Today has seen the price of BTC rally to test $10,000 USD amid the bullish response to the increasing institutional presence in the cryptocurrency markets. In other trading news, fee-free exchange Cobinhood has announced the introduction of trading pairs for the ninth largest cryptocurrency by market capitalization, IOTA. In international news, Russian cryptocurrency Youtuber Pavel … Read more

IOTA Supporters: Tweeting a News Link Is “Spreading FUD”

The list of crimes to earn the opprobrium of IOTA fans is growing by the day. Journalists who fail to pen fawning hagiographies of David Sønstebø and his team are singled out for persecution by IOTA acolytes. But it’s not just reporters who are blacklisted: anyone who tweets a link to an IOTA story – or … Read more

Markets Update: Altcoins Rally During Week of Bullish Action for Crypto

The cryptocurrency markets have enjoyed a strong week, with BTC, BCH, and many altcoins generating significant gains in recent days. There is considerable uniformity shared among major altcoin markets, with many cryptocurrencies recovering to test the 0.236% retracement areas after breaking above descending trendlines. Also Read: Kraken CEO Condemns “Hostile” Questionnaire Issued by New York AG … Read more

Faced With Criticism IOTA Fans Try to Bully Growing List of Detractors

Accusations of FUD, #fakenews and similar terms are sadly all too common in the crypto world. Startups in the field are many times headed by young people, sometimes bringing a needed fresh perspective and attitude, but a few appear to completely lack the maturity needed to run a public business. In the case of IOTA … Read more

Analyst: IOTA Sharply Overvalued Due to “Overwhelming Evidence of Serious Flaws”

Analysts have found that IOTA is trading well above any real value it might have. The project is said to have no real product market fit and the network is centralized and unstable. Additionally, the approach taken by the IOTA team, like knowingly allowing critical vulnerabilities to exist in the software, presents many reasons to be … Read more

IOTA Attacked for Subpar Wallet Security Following $4m Hack

The IOTA project is again the target of public anger and criticism. This time the issue is a feature of the technology that apparently allowed scammers to steal around $4 million from many unsuspecting users. Also Read: U.S. Rating Agency to Issue Bitcoin and Cryptocurrency Grades Wednesday Poisonous Seeds IOTA, the network behind the 11th … Read more