News

These Firms Are Milking the Cryptocurrency Markets for Astronomical Profits — And You’ve Probably Never Heard of Them

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. What US cryptocurrency-related company makes the highest amount of legal revenue per employee? No, it’s not Coinbase, and — unless you’re particularly tuned into the financial Markets — you’ve probably never heard of it. That’s according to Tim Swanson, founder of tech advisory firm Post Oak Labs. Writing on Twitter, the former R3 executive related a recent exchange in which he was asked this same question. “I know [...]

FCC: Bitcoin Miner Interfered With T-Mobile Network

The U.S. Federal Communications Commission (FCC) warned a New York City resident this week that his Bitcoin mining hardware was interfering with a broadband network operated by T-Mobile. The FCC issued a “Notification of Harmful Interference” to Victor Rosario, dated Feb. 15, informing him that the Commission received a complaint from T-Mobile regarding interference with its network. It said that through “direction finding techniques,” the FCC Enforcement Bureau determined that the Antminer S5 mining product in his residence was [...]

Ripple Becomes First Cryptocurrency After Bitcoin to Surpass $100 Billion

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Ripple has achieved a historic milestone on January 3, becoming the first cryptocurrency after Bitcoin to be valued at $100 billion. At press time, the total valuation of Ripple is $121 billion. Up by $19 Billion in 24 Hours Over the past 24 hours, the price of XRP, Ripple’s native token, has increased by more than 24 percent, to over $3. The Market valuation of Ripple increased from [...]

Video: Joe Lubin on Building One of Blockchain’s Biggest Companies on Ethereum

This article is an entry in CoinDesk’s Most Influential in Blockchain 2017 series. Blockchain may be an early-stage technology, but it’s big business already. In this video interview, ConsenSys CEO, and one of CoinDesk’s Most Influential people, Joe Lubin discusses his company’s explosive growth, the value of cryptocurrencies and the social impact of his startup’s work. How do we go from analog to digital finance? And what does this distributed future look like? Read our featured article here or hear his story in his [...]

Ripple Briefly Achieves $100 Billion Market Cap, Can it be Justified?

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Ripple, the cryptocurrency that was designed to handle large volumes of transactions for banks and financial institutions, recently surpassed Ethereum to achieve a staggering $100 billion Market cap. Justification of Ripple’s Market Cap However, some experts including Ryan Selkis of ConsenSys revealed that it is difficult to justify the Market cap of Ripple at this phase of development and adoption, given that not many banks out of the [...]

Strategist Tom Lee Boosts Bitcoin Price to $20,000 in Mid-2018

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Tom Lee, co-founder of Fundsrat Global Advisors, the only major Wall Street strategist covering Bitcoin, sees a silver lining in Bitcoin’s current fallout and has raised his Bitcoin price target from $11,500 to $20,000 for mid-2018,. Lee said Bitcoin’s intrinsic value has increased over the last month due to the growth of new Bitcoin wallets, and that Fundsrat is buying Bitcoin as the price has dropped, CNBC reports. A [...]

Bloody Crypto Christmas?… Calm Down. It’s a Correction, Not a Crash

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. You probably woke up this morning to a portfolio streaked in red, and you likely came to the logical conclusion that the Market is getting massacred at the moment.  Congratulations, you’d be right.  If you’re a veteran Investor, this is par for the course, another adrenaline-inducing day in this amusement park we call a Market.  If you’re new to the game, you might regret Investing in [...]

Ron Paul: Fed-Led Quantitative Easing Sparked Cryptocurrency Surge

Former Congressman Ron Paul said today that he believes the U.S. government’s monetary policies have fueled the rise in the price of cryptocurrencies like Bitcoin. “I think cryptocurrency is a reflection of the disaster of the monetary dollar system,” he told CNBC in an interview today. Specifically, Paul cited an excessive amount of credit created through the process of quantitative easing – by which central banks buy government debt and other financial assets in an effort to expand lending [...]

Bitcoin Price Has a $400,000 ‘End-game’: Research Analyst Ronnie Moas

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Independent Market research analyst Ronnie Moas said that he believes the Bitcoin price has the potential to reach a long-term target of $400,000. Bitcoin Price Has Six-Figure Potential Moas, the founder of Standpoint Research, has been recommending Bitcoin since July when it was trading at $2,600. At that time, Moas set his 2018 Bitcoin price target at $5,000. That may have seemed like a bullish target at the [...]

This Russian Presidential Candidate Wants to Legalize Bitcoin

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Boris Titov, a Russian businessman/ombudsman and Bitcoin advocate, recently revealed he will participate in the presidential elections in 2018. Titov, the leader of Russia’s Party of Growth, revealed that he would legalize popular cryptocurrencies such as Bitcoin and ethereum and that people would be able to store them in banks and exchanges, having the ability to pay for things outside of Russia with them. In Russia, Titov [...]