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Crypto in Cuba Faces Challenges Despite Growing Adoption, Overview

While ordinary Cubans are using crypto access the global marketplace, the sector faces a number of challenges. Following the roll-out of mobile internet across the country in 2018, many ordinary Cubans are increasingly using cryptocurrencies to bypass economic sanctions imposed by the United States and access the global marketplace. Despite growing adoption, cryptocurrencies still face a number of challenges in Cuba, including limited access to crypto exchanges, lack of a pertinent regulatory apparatus and the growing popularity of a gold-backed MLM stablecoin. 10,000 Cubans use cryptoOn Sept. 12, a report published by Reuters included excerpts from an interview with Jason Sanchez, a 35-year-old Cuban who describes virtual currencies as “opening new doors” for ordinary citizens. The Havana resident runs a cell phone repair shop and uses Bitcoin (BTC) to purchase hardware online from China. According to members of CubaCripto, a Telegram group boasting 600 members and considered to be a..

Ripple Faces Bearish Hurdle While Bitcoin Attempts To Stabilize, Will XRP...

Ripple News Today – The weekend remained busy for the cryptocurrency market as prices rose and fell for the various cryptocurrency coins. Most coins saw a little increase in price from 0.5% to 2.8%. Unfortunately, some coins like DASH and COSMOS remained in the red zone. The total volume of trading done over the weekend was $48 billion while the total market cap in the circulation of all digital assets rests at over $250 billion. Though Ripple XRP isn’t in the red zone, it is facing resistance in a lot of key places that could see the XRP decline if it is unable to climb up. Ripple News Today – XRP News Today – XRP Latest Update – XRP Price Prediction 2019 – XRP Prediction 2019 Analysts and cryptocurrency researchers see a Ripple XRP price prediction showing the coin facing strong resistance at the $0.3140 level. The XRP entered a bearish zone when it broke the $0.3200 and $0.3140 support levels. The 100 hourly SMA level remained in the $0.3150 region. The lower support level of $0.30..

Brazilian BTC Exchange Faces Numerous Lawsuits From Clients Unable to Access...

Bitcoin Bank Group faces numerous lawsuits from customers unable to withdraw funds from its cryptocurrency exchange, BBG claims delays are due to malicious activity. Clientele from multiple states in Brazil have filed lawsuits against bitcoin (BTC) investments firm Bitcoin Bank Group for inaccessible crypto funds, according to a report by Cointelegraph Brasil on June 18. The lawsuits are reportedly over issues with users being unable to withdraw funds from the BBG’s associated cryptocurrency exchange, Paraná-based NegocieCoins. As of press time, the page for NegocieCoins on crypto market information website CoinMarketCap shows the following message regarding the ongoing issue: “We have received reports that user deposits and withdrawals are impeded. Please be careful with your funds.” Some customers unable to withdraw their funds are attempting to liquidate these assets at a steep discount, offering to sell their frozen BTC on social media platforms for up to 90% off. Numerous lawsuit..

Tezos (XTZ) Price Faces Pressure From The Bears But It Is...

Tezos news today – Altcoin season is on the way and traders are buying and accumulating the best cryptocurrencies to invest in 2019 other than the flagship cryptocurrency, Bitcoin. Tezos is one of the few altcoins that has risen to the spotlight over a short period. In April, the price of Tezos moved above the $1 mark and it has been able to maintain this level since then. The Tezos price prediction for the year is still bullish even if the price of the token is currently under bearish pressure. Some analysts have said that Tezos is among the best cryptocurrencies to invest in 2019 and the fall in price presents the perfect opportunity for investment. Tezos (XTZ) Price Prediction – Tezos News Today – Tezos Price Analysis Near-term, the bears have more control over the market. Tezos is trading below the 200 period MA with a strong bearish pattern still completely visible according to the Tezos price prediction on Crypto Briefing. The price of Tezos is moving close to the neckline of an..

When Will Ethereum Hit $300? Ethereum Price Faces Resistance But The...

Ethereum has come a long way from its crypto winter low of about $83. Within this year alone, the largest altcoin in the market has risen significantly. Weeks following the April bull run, the price of Ethereum struggled to move above the $200 level. It wasn’t until extended crypto bull run in May that Ethereum was able to cross $200. Now, the next challenge for the price of Ethereum is crossing the $300 level. The Ethereum price prediction 2019 is bullish. So, will the price of Ethereum cross the $300 level anytime soon? Will Ethereum go up again? Will Ethereum recover? These are the questions we will consider in our Ethereum news today. Ethereum Price Prediction 2019 – Ethereum News Today – ETH/USD – When Will Ethereum Hit $300? Even after gaining significantly over the last few months, Ethereum hasn’t run out of steam. There are more gains to come in the next few months of the year. The price of Ethereum successfully broke above the descending trendline before it started recovering..

Australian Government Employee Faces Court for Misusing Government IT Systems to...

An Australian government employee will reportedly face court today over his alleged misuse of government IT systems. An Australian government employee will reportedly face court today over his alleged misuse of government IT systems to mine cryptocurrency for personal gain. The news was announced by the Australian Federal Police (AFP) on May 21. The AFP alleges that the 33-year old man, whose name was not disclosed, used his access as an IT contractor to “manipulate programs to use the processing power of the agency’s computer network for crypto currency mining.” The alleged profits from his illicit mining activities reportedly amounted to AU$9,000 (~$6,200). The man’s appearance before the Sydney Local Court follows an AFP search operation of his residency in Sydney on March 5, during which officers reportedly seized his personal laptop, personal phone, employee ID cards and data files. He faces two charges, specifically: “Unauthorised modification of data to cause impairment, contra..

XRP Price Faces Critical Crossroad Between Upside Break And Downturn, ‘It’s...

XRP prediction 2019 is not as bullish as it used to be. Even if there is still a lot of positive XRP news, the XRP price prediction is not encouraging to members of the XRP rich list. If you’re a digital asset investor on the XRP rich list, you’re most likely among those who are worried about the current price of XRP and the future XRP price prediction 2019. The price of XRP has been falling significantly against the USD for a while now and it has lost many useful supports against the USD. Now, prominent XRP price analysts have said that XRP is at a crossroads and must take action now or never. XRP Prediction 2019 – XRP Price Prediction 2019 – XRP Must Breakout Or Breakdown While the price of XRP has been stagnant for a while now, it took a hit and moved below the support at $0.30 right after the news of Tether and Bitfinex being investigated for fraudulent activities broke out. It was revealed that the Attorney General’s office in New York has launched an investigation on Bitfinex an..

Microsoft Korea: Country Faces Growing Threat From Stealth Crypto Mining Attacks

Microsoft Korea has said the country is facing an increase in crytojacking incidents, according to their new report. Microsoft Korea has claimed the country is facing an increase in cryptojacking incidents, according to a report from local English-language daily The Korea Times, published on April 22. The findings were announced by Microsoft security program manager Kim Gwi-ryun during a press conference in Seoul today, which accompanied the release of the annual Microsoft Security Intelligence Report. As previously reported, cryptojacking is the practice of using a computer’s processing power to mine for cryptocurrencies without the owner’s consent or knowledge. According to The Korea Times, South Korea's cryptocurrency mining incident rate in 2018 was 0.05% — reportedly 58% lower than the world average. Nonetheless, Kim Gwi-ryun isolated the malicious practice from among other cybersecurity attack vectors detected in the country — such as supply chain malware and phishing attem..

Cardano (ADA) Faces Resistance But The Bulls Prepare To Cross Above...

Cardano is one of the many Ethereum killers in the cryptocurrency space. While the Cardano platform and the ADA token are often underestimated, the team behind them have been working tirelessly to make sure that ADA news, Cardano news, and Cardano ADA news are always positive. Since the beginning of 2019, the price of Cardano ADA has been bullish against the USD. Even when other altcoins were falling, ADA managed to maintain a degree of bullish momentum. According to the Cardano ADA price analysis on Coincodex, the token is set to break the resistance that stand between the current price of Cardano and the $0.11 level. Cardano News Today – Cardano ADA News Today – ADA Price Prediction – ADA To Break Key Resistance Right now, the price of Cardano ADA is facing resistances at $0.88, $0.095 and $0.11. There are also support levels at $0.07, and $0.06. At the time of writing, the current price of Cardano ADA on CoinMarketCap was $0.082946. This means that it is up by 1.57% against the USD..

Ethereum Classic Price Faces Resistance, May Retest $7 And Move To...

Ethereum Classic prediction today is bullish even if Ethereum Classic (ETC) has been trading sideways for some days now. There have been range price movements short-term. There is still some bearish pressure at the moment but the Ethereum Classic (ETC) token is expected to overcome it soon. If the price of Ethereum Classic successfully breaks the 50-day simple moving average, a bullish wave would take the price of ETC as high as $7 and even higher according to the Ethereum Classic price analysis on bitcoinexchangeguide.com. Ethereum Classic Prediction – Ethereum Classic Price Prediction 2019 – Ethereum Classic Price Forecast – ETC Set To Break Above $7 The Ethereum Classic to USD trading pair has been bullish for the past few days in line with the rest of the market. However, yesterday, when the market attempted a correction, the price improved briefly before it started trading bearish again today. The support levels are currently at $4.50, $5, and $5.50 while the resistance levels ar..
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