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      "body": "Given that bitcoin is STILL trapped under 610 $ this morning and remains inside the daily symmetrical triangle formation that we showed in yesterday's update, today we want to focus on the short term for clues as to where we might be headed over the weekend.  It is clear on said daily chart that a move is coming considering price is getting squeezed between the triangle downtrend line and SCMR dynamic support.  Any move to the upside will break the formation, and conversely a failure means a retest of support around 595 $.  Which brings us to the 4-hour chart below which is showing some interesting features related to these key medium-term technical areas.\n\nNotice that we had another symmetrical triangle consolidation working on this timeframe for awhile, however this one was broken about a week ago.  We can see that there wasn't much follow-through after the break, although price was able to stay above the apex and is now following the uptrend line higher.  Also note that we still have strong SCMR dynamic support building at the aforementioned 595 $ level, which is around where the OTE long zone and a volume profile notch both sit.  Additionally, the 200-period SMA remains in a supportive uptrend and is now sitting around 605 $ while the near term EMA's try to make a move to the upside.\n\nhttp://insidebitcoins.com/wp-content/uploads/rss-feed-images/bullish-bearish-bitcoin-price-2014.png\n\nMoving on to the oscillators we can see that Willy and RSI have broken above their centerlines while the Stochastic just gets going to the upside, and PPO is still neutral.  Additionally, trading volumes are picking up, the A/D line is still trending higher, and volume profile looks better than it has it quite a long time complete with very thin air above 615 $.  Finally, we have OTE zones at 595 - 600 $, as well as between 615 - 620 $, so even if we do get a minor breakout from this 600 - 610 $ range this weekend we are not expecting a ton of volatility (at least not yet).  \n\nAll things considered we want to remain in our current positions despite the lack of price action over the course of this week.  We still think there is a good chance that price holds support in the 605 $ area on selloffs while testing slightly higher levels in the previously mentioned OTE short zone between 615 and 620 $.  This is where we will be taking profits on the VST long ProTrade we remain in, profits which we will look to redeploy on a retest of either the 590 - 600 $ area or hopefully down in the ST buy zones if we are lucky.  \n\nDespite what could be a relatively volatile weekend compared to what we have been getting recently, we still don't think the market is ready to attempt to break away from this broad and extended consolidation range between 450 - 700 $.  We are getting closer to a resolution, but we are not there yet.",
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      "author": "wopoch",
      "body": "<p><img src=\"//smfanton.ru/wp-content/uploads/2014/04/scam1.jpg\" /></p>\n<p>Многие криптоинтузиасты стараются поднять целое состояние на биржевой торговле. А еще лучше если не ты сам торгуешь,а просто &quot;вкладываешь&quot; свои деньги и каждый день получаешь доход от якобы бы чужой торговли. </p>\n<p>Бывает так или нет,это другой вопрос...но вот такая произошла ситуация с инвесторами в количестве 3000 человек,с вкладами около 12 000 долларов на бирже MyCoin...В один прекрасный день сказка закончилась. Хозяева биржи быстро перевели все деньги на свои счета и след их простыл...Даже тот факт,что биржа находилась в китайском Гонконге,где за такое просто расстрел не повлиял на их решение. Что не сделают люди ради &quot;халявной&quot; наживы в размере 390 млн. долларов.</p>\n<p><img src=\"//static.telebidder.com/img/201504/Mycoin.jpg\" /></p>\n<p>Ну и инвесторы попросту говоря &quot;лоханулись&quot;. Исходя из информации в документах, изначально это была не биржа,а простая финансовая пирамида. Доходность манила людей,закрывая глаза на документы.</p>\n<p>Люди,будьте бдительны!Не ищите &quot;халяву&quot; </p>\n<p>Оценивайте ситуацию и не подвергайтесь обману.</p>\n<p>Всем хайп! </p>\n<p><br /></p>",
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      "author": "cheetah",
      "body": "Hi! I am a content-detection robot. This post is to help manual curators; I have NOT flagged you.\nHere is similar content:\nhttp://www.altcointoday.com/bitfinex-hacked-of-bitcoins/",
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      "author": "wopoch",
      "body": "<p> <img src=\"//s3.amazonaws.com/main-newsbtc-images/2016/08/02194217/Screen-Shot-2016-08-03-at-12.11.40-AM-825x510.png\" /></p>\n<p>Bitfinex, one of the leading digital currency exchange, today reported that it has faced a security breach. Following the discovery, the exchange reportedly halted all its bitcoin trading operations until further notice.</p>\n<blockquote><em>“Today we discovered a security breach that requires us to halt all trading on Bitfinex, as well as halt all digital token deposits to and withdrawals from Bitfinex”</em></blockquote>\n<p>According to the Bitfinex homepage, the breach was discovered at around 18:00 UTC, same time when the platform suspended operations. The platform is currently consolidating all the activities, accounting for individualized customer losses, settling open margin positions and other collaterals which may have been affected by the breach.As of now, the company believes that the security breach was limited only to Bitcoin wallets without affecting other cryptocurrency operations. Regarding any settlements, the company states:</p>\n<blockquote><em>“Any settlements will be at the current market prices as of 18:00 UTC.”</em></blockquote>\n<p>Bitfinex has reported the incident to concerned law enforcement authorities, and is expected to work along with them to determine the origin of the breach. Meanwhile, the platform will keep its customers updated on its <a href=\"http://bitfinex.statuspage.io/\" rel=\"noopener\">status page</a>.</p>\n<blockquote><em>“We will post updates as and when appropriate on our status page (Bitfinex.statuspage.io) and on the maintenance page. We are deeply concerned about this issue and we are committing every resource to try to resolve it. We ask for the community’s patience as we unravel the causes and consequences of this breach.”</em></blockquote>\n<p>Bitfinex expects to resume its operations as soon as it completes damage evaluation and implementation of remedial measures.</p>\n<h3>Ethereum Classic Peaks Following Bitfinex Security Breach</h3>\n<p>On the positive side, soon after Bitfinex announced the security incident, the price of Ethereum Classic went through the roof. The cryptocurrency based on the original Ethereum blockchain has registered an all-time high since it began trading last week. According to market data, ETC has registered over 48 percent increase in price within hours to trade at $3.24. </p>\n<p><img src=\"//s3.amazonaws.com/main-newsbtc-images/2016/08/02202538/chart-1024x887.png\" /></p>",
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      "body": "<p><strong>August 1, 2016 </strong>– LEOcoin, the cryptocurrency created by London-based LEOcoin Foundation has made an important change to its protocol to make it more robust and user-friendly. The organization reports successful migration from the previously used Proof of Work consensus protocol, similar to that of Bitcoin to a more efficient Proof of Stake consensus protocol.</p>\n<p><img src=\"//s3.amazonaws.com/main-newsbtc-images/2016/08/03124319/LEOcoin-1-1080x675.png\" /></p>\n<p>The introduction of Proof of Stake algorithm makes it possible for everyone to get involved in the staking process, without having to invest in specialized equipment like ASICs or mining farms. Anyone who can operate a computer can now take part in the staking by opening their free to use LEOcoin wallet and clicking on a button. By eliminating the need for specialized equipment LEOcoin offers a greener alternative to Bitcoin, drastically reducing the carbon footprint for every newly created coin.</p>\n<p><br /></p>\n<p>LEOcoin has also introduced a new rewarding structure for staking depending upon the number of coins (stake) held by each participant. Dan Andersson, the co-founder of LEOcoin offers a brief outline of the new rewards structure where those holding 1000 LEOcoins or more will receive about 10 percent returns per year, while those with 5000 and more will receive 15 percent and those with over 50000 will be receiving 20 percent returns on their stake each year.</p>\n<p><br /></p>\n<p>There are also new platforms being created to help spread adoption of LEOcoin, as well as other digital currencies. The latest products include My LEO Travel and LEOcoin Merchants. My LEO Travel is a travel and hotel booking platform where people can plan their trip and pay with LEOcoin alongside other payment options. LEOcoin Merchants is a recently launched site that displays merchants and businesses who are happy to accept LEOcoin in payment for the goods and services.</p>\n<p><br /></p>\n<p>LEOcoin is a digital currency created in 2014 by the LEOcoin Foundation for entrepreneurs and businesses. The digital currency allows individuals to make fast and secure transactions over a decentralized peer-to-peer network. Like Bitcoin, LEOcoin offers a certain degree of anonymity and it is simple and easy to use. The Proof of Stake algorithm used in LEOcoin also ensures active community participation, further strengthening the network every passing day.</p>\n<p><br /></p>\n<p>LEOcoin has been appreciated by various diplomats and bureaucrats from across the world. They have also extended their support to the digital currency ecosystem created by LEOcoin. The founders of LEOcoin have participated in various international events and gatherings, rubbing shoulders with powerful people from governments who are striving to promote entrepreneurship and businesses in their home countries and outside alike. Recently, LEOcoin was supported by a representative from the Chinese Embassy to the United Kingdom among others in an event which saw diplomats from over 20 countries in attendance.</p>\n<p><br /></p>\n<p><strong>About LEOcoin</strong></p>\n<p><br /></p>\n<p>LEOcoin is a cryptocurrency conceptualized by the well-known UK-based entrepreneurial skills training company Learning Enterprises Organization. LEOcoin is a decentralized, easy to use peer to peer digital currency maintained by LEOcoin Foundation. It is supported by a large community of established and aspiring entrepreneurs who are actively involved in building the LEOcoin community and increasing its adoption across the world.</p>",
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