Bitcoin Global News
(BGN)
April 12, 2018
-- ADVFN
Crypto NewsWire
General Market
Outlook
Bitcoin (BTC) jumped over $1,000 in one hour
this morning, and total volume traded was around all time highs. As
all coins are related to the movement of BTC price, this is a
positive sign for the market overall.
EOS (EOS) and NEO (NEO) appear to be consolidating
after the recent major upward movements.
STEEM (STEEM) – coin of the social media
platform Steemit – is up over 25% Blockchain related platforms like
this could see increased adoption because of the Facebook privacy
concerns.
Major
Headlines
Bitcoin Flash Bull Run!
–
From 7am to 8AM (EST) Bitcoin moved
from around $6,700 to just short of $7,800, and now sits at about
$7,600. The increasing prevalence of traders using “longs” and
“shorts” is likely at work in causing this type of spike.
Regardless of the volatility, there is continued proof of growing
interest in Bitcoin
Biggest ICO Scam in Vietnam
–
Two ICOs Ifan and Pincoin account
for nearly $660 million in stolen investment funds from roughly
32,000 individuals. This perfectly displays the problems when there
are prohibitions on consumer activity by government. All
cryptocurrency related activity is illegal in Vietnam, and because
of this no regulations can be put in place to prevent such massive
fraud.
https://tuoitrenews.vn/news/business/20180409/vietnamese-cryptocurrency-scam-allegedly-deceives-thousands-to-swindle-660mn/45001.html
Monero Support Coming to
Ledger Wallets –
The safest way to store
cryptocurrencies is with “cold storage” methods, meaning they are
not connected to the Internet. This can be done with paper wallets,
or with hardware wallets – encrypted memory devices. However, these
devices are not coded to hold all cryptocurrencies. The Ledger Nano
S is the most popular hardware wallet. Monero has consistently been
in and out of the top 10 for coin market cap totals, yet has not
been supported on the device.
https://twitter.com/fluffypony/status/979707596088242177
Top 5
Gainers
Bismuth (BIS) +298.04% at
$5.35
Mithril (MITH) +159.86%
at $0.562149
Vice Industry Token
(VIT) +76.64% at
$0.031131
Bitcoin Private (BTCP) +72.58% at
$25.47
NeosCoin (NEOS) +58.00% at
$3.52
Top 5
Losers
Stellite (XTL) -27.58% at
$0.000939
Hexx (HXX) -19.25% at
$3.09
HollyWoodCoin (HWC) -16.42% at
$3.12
CFun (CFUN) -13.88% at
$0.006616
MaxCoin (MAX) -11.59% at
$0.113764
New Coins
Listed
Red Pulse
(RPX) added to HitBTC https://www.red-pulse.com/landing
Experience Points
(XP) added to Cryptopia https://www.xpcoin.io/
By: BGN Editorial Staff
