EOS Slide 4.7 Percent, Prices Reacting to BitHumb Heist?

EOS down 4.7 prices in last day but bullish Three million EOS are missing from BitHumb’s hot wallets. $12.5 million worth of BitHumb’s EOS are missing, but other exchanges are taking assisting in recovery. In response, EOS prices are down 4.7 percent in the last day in an adjustment of Mar 28-29 overvaluation. EOS Price Analysis Fundamentals For the second time, BitHumb, the South Korean exchange, which claims to be ISMS certified and applying multi-signature withdrawal scheme is once again a victim of hacking, less than a year after the…

Crypto Bear Market Ended in Jan 2018, Says Analyst

On Friday, economist and global markets analyst Alex Krüger ‏said that the crypto bear market has been over for more than three months and if bitcoin breaks out of the $4,200 resistance level, it will mark the end of the 15-month bear trend. “The crypto bear market has been over for three months now. BTC breaking above 4200 will mark the end of the bear trend that started in January 2018. Going to miss this big fellow,” Krüger said. The bitcoin price has remained relatively stable in the $3,400 to…

Crypto Exchange Bithumb Hacked for $13 Million in Suspected Insider Job

South Korean crypto exchange Bithumb has had around $13 million in the EOS cryptocurrency stolen in a hack it suspects was an insider job. The company confirmed in statement on Saturday that it first spotted an “abnormal withdrawal” of the cryptocurrency through its monitoring system at 22:00 Korean time (13:00 UTC) on Friday, March 29. The exchange suspended asset withdrawals and deposits on the platform after noticing the breach. Bithumb stated: “All the [stolen] cryptocurrency is owned by the company, and all members’ assets are under the protection of a cold wallet.”…

Ethereum (ETH) Price Analysis: $150 On The Horizon?

ETH price extended upsides and gained bullish momentum above the $140 resistance against the US Dollar. The price even broke the $144 level and traded close to the $146 level before correcting lower. There is a key connecting bullish trend line formed with support above $143 on the hourly chart of ETH/USD (data feed via Kraken). There could be a downside correction, but the $141-142 support area is likely to act as a strong support. Ethereum price is moving nicely in a positive trend against the US Dollar and bitcoin.…