Bitcoin QR Generator Crypto Scams Running Rampant On Google; Hampering BTC Adoption

Bitcoin trading has gone up this year as bulls have returned to the market with renewed interest in the leading cryptocurrency. The cryptocurrency has surged past $10,000 this year, and the price rise seems to be continuing into the later parts of the year.

Bitcoin Not Living Up To its Full Potential Due To Negative Perception

Despite the run that Bitcoin is on, researchers suggest that the crypto asset is not growing at the rate that it actually should be. Many people associate cryptocurrencies with scams, theft, and fraud, and this negative perception is hampering the advancement of Bitcoin. Several governments and regulators have created unfriendly policies for the crypto industry because of the fears that citizens within their jurisdictions will fall victim to crypto related scams. Billions of dollars have been lost to scammers who used cryptocurrency schemes, and the effects of these have been detrimental to the progress of Bitcoin.

QR Code Scams on the Rise

Recent research suggests that 80% of the results that come up when one searches for a “Bitcoin QR generator” lead to a fraudulent website. QR code generators are used by Bitcoin traders to create QR codes for wallet addresses to enable easy and quick transfer of cryptocurrency from one holder to another. However, most of the code generators that are popping up on Google give a user a QR code which leads to a Bitcoin wallet address of a scammer, and several people have lost their funds to this scam.

According to Tal Be’ery from ZenGo, the fake websites create a QR code that you which carries an address belonging to the scammers instead of the address requested by a user. All payments made end up in the scammers’ wallet. Be’ery went on to say that the scammers use a blockchain explorer API to generate the QR code for their address.

The research available shows that over $20,000 has been lost to QR scams in recent times, and researchers say that this figure is just the tip of the iceberg. The chances are high that there are more people who have lost their Bitcoin to scammers who use this method. These scammers are constantly changing the QR codes and the address they use, which makes it difficult to identify them and blacklist the addresses.

Be’ery said that QR are not humanly readable, and this makes it easy for scammers to use them to defraud crypto users. Over the first six months of 2019, it is estimated that the total amount of cryptocurrency stolen by scammers and hackers is worth over $4 billion. Most of the stolen loot was accessed directly from crypto exchanges by hackers, but scams also contributed significantly to this amount.

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Author: Ali Raza

Bitcoin Price Prediction Today: Daily (BTC) Value Forecast – July 31

Bitcoin Hits 15-Months High, $10,000 BTC/USD Exchange Rate Value is Next Stop
  • On the upside, if the bulls break above the EMAs, the crypto’s price will rise and retest the $13,000 price level.
  • The BTC price is trading at $10,100 as at the time of writing.

BTC/USD Medium-term Trend: Ranging

  • Resistance Levels: $10,000, $10, 200 ¸ $10,400
  • Support levels: $9,000, $8,800, $8, 600

Yesterday, July 30, the BTC price was in a bullish trend as it broke the 12-day EMA and it is approaching the 26-day EMA. The support level of $9,000 was tested as the bulls made an upward move and broke the 12-day EMA.

The BTC price is trading at $10,100 as at the time of writing. On the upside, if the bulls break above the EMAs, the crypto’s price will rise and retest the $13,000 price level. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal.

BTC/USD Short-term Trend: Bullish

On the 1-hour chart, the BTC price is in a bullish trend. The crypto’s price is making a series of higher highs and higher lows. The BTC price is expected to rise because it is above the 12-day EMA and 26-day EMA.

Meanwhile, the MACD line and the signal line are below the zero line which indicates is a buy signal. The BTC price has risen and it is facing resistance at the $10,100 price level. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal.

Bitcoin’s price is $10,051.90 BTC/USD exchange rate today. The real-time BTC market cap of $179.42 Billion currently ranks #1 with a chart dominance at 64.73%, daily trading volume of $5.64 Billion and live coin value change of BTC 4.87 in the last 24 hours.

Today’s Latest Bitcoin Price Analysis, Chart Forecasts and Industry News

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

[Domain Disclosure] The crypto-community content sourced, created and published on BitcoinExchangeGuide should never be used or taken as financial investment advice. Under no circumstances does any article represent our recommendation or reflect our direct outlook. We b-e-g of you to do more independent due diligence, take full responsibility for your own decisions and understand trading cryptocurrencies is a very high-risk activity with extremely volatile market changes which can result in significant losses. Editorial Policy \ Investment Disclaimer

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Author: Azeez Mustapha

DASH Price Prediction Today: Daily (DASH) Value Forecast – July 26

DASH-Soars-by-32-4-as-Protocol-Update-Looms
  • On the upside, if the bulls break the EMAs, the crypto’s price will rise and retest the $180 resistance level.
  • On the downside, if the bearish pressure continues, the crypto’s price will fall either to the $90 or $100 price level.

DASH/USD Medium-term Trend: Bullish

  • Resistance Levels: $160, $170, $180
  • Support levels: $110, $100, $ 120

Yesterday, July 25, the price of DASH was in a range bound move below the 12-day EMA the 26-day EMA. Before this time, the DASH market had been on a downward correction after the resistance at the $180 price level. On July 16, the downtrend was corrected at the $100 price level. At the $100 support level, the bulls made an upward move to break above the EMAs but were resisted.

On the upside, if the bulls break the EMAs, the crypto’s price will rise and retest the $180 resistance level. On the downside, if the bearish pressure continues, the crypto’s price will fall either to the $90 or $100 price level. Meanwhile, the DASH market is at the oversold territory of the daily stochastic but above the 20% range. This means that price is in a bullish momentum and a buy signal.

DASH/USD Short-term Trend: Bullish

On the 1-hour chart, the DASH price is in a bullish trend. The 12-day EMA and the 26-day EMA are trending northward. The crypto’s price is above the EMAs indicating the price is likely to rise .The price of Dash is characterized by small body candlesticks which describe indecision between the buyers and the sellers at the current market price.

Nevertheless, the DASH market has reached the overbought region but above the 80% range of the daily stochastic indicator. This indicates that the DASH price is in a bullish momentum and a buy signal.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

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Author: Azeez Mustapha

Bitcoin Price Prediction: Long-term (BTC) Value Forecast – July 20

  • On the upside, if the bulls break above the EMAs, the crypto’s price will rise to retest the $13,000 resistance level.
  • On the other hand, if the bulls fail to break above the EMAs,  the crypto’s price  will commence a range bound move below the EMAs

BTC/USD Long-term Trend: Ranging

Resistance  $10,500, $11,000, $11,500
Support levels: $10,000, $9,500, $9,000

The BTC/USD pair had been trading in the bearish trend zone after facing resistance at the $13,000 overhead resistance level. On July 10, the BTC price reached a high of $13,000 but was resisted. The bears broke the 12-day EMA and the 26-day EMA as the price fell to the bearish trend zone. In the previous resistances, the price fell within the bullish trend zone. On the upside, if the bulls break above the EMAs, the crypto’s price will rise to retest the $13,000 resistance level.

On the other hand, if the bulls fail to break above the EMAs.  the crypto’s price  will commence a range bound move below the EMAs,Meanwhile, the MACD line, and the signal line are above the zero line which indicates a buy signal.

Bitcoin’s price is $10,998.86 BTC/USD exchange rate today. The real-time BTC market cap of $196.09 Billion currently ranks #1 with a chart dominance at 65.18%, daily trading volume of $6.99 Billion and live coin value change of BTC 4.70 in the last 24 hours.

Today’s Latest Bitcoin Price Analysis, Chart Forecasts and Industry News

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

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Author: Azeez Mustapha

IOTA Price Prediction Today: Daily (MIOTA) Value Forecast – July 19

IOTA to Perform a Live Demonstration at the UK Parliament to Highlight Blockchain Uses
  • The bulls are in contrtol of short and medium-term outlook.
  • Traders may consider buying at key areas.

MIOTA/USD Medium-term Trend: Bullish

Supply zone: $0.6000, $0.7000, $0.8000
Demand zone: $0.1000 $0.0800, $0.0600

IOTA is back in a bullish trend in the medium-term outlook. The cryptocurrency is in an inverse head and shoulder pattern suggesting an imminent rally. The bulls began the journey up north on 17th July with an engulfing candle at $0.2652. MIOTAUSD rose to $0.3131 on 18th July.
Today session began on a bearish note at $0.3053. This was a market correction as price drops to $0.2885 in the demand area and closed with a wick suggesting exhaustion as the bulls stage a comeback.
With the tweezer bottom formation at $0.2885 the bulls resume the uptrend, this is the completion of the right shoulder.
Price is within the two EMAs and the stochastic oscillator signal is parallel at 82% an indication of current consolidation before a breakout.
$0.3600 in the supply area is bulls target in the medium-term.

MIOTA/USD Short-term Trend- Bullish

The bulls are currently in control of the market to push price to the next high at $0.3750 in the supply area. This is because of the weakened of the bearish pressure as today session opened. The journey up north began at $0.2597 in the demand area on 17th July.
The two EMAs are strong support for the bulls with exhaustion in the candles denoted by wicks.
$0.3750 in the supply area is up for a retest as the rally is sustained in the short-term.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

[Domain Disclosure] The crypto-community content sourced, created and published on BitcoinExchangeGuide should never be used or taken as financial investment advice. Under no circumstances does any article represent our recommendation or reflect our direct outlook. We b-e-g of you to do more independent due diligence, take full responsibility for your own decisions and understand trading cryptocurrencies is a very high-risk activity with extremely volatile market changes which can result in significant losses. Editorial Policy \ Investment Disclaimer

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Author: Azeez Mustapha

Bitcoin Price Prediction Today: Daily (BTC) Value Forecast – July 19

Bitcoin Hits 15-Months High, $10,000 BTC/USD Exchange Rate Value is Next Stop
  • On the upside, if the bulls break above the EMAs, the crypto’s price will rise and resume its bullish trend.
  • The BTC price had been hovering above the $9,400 price level in the last three days.

BTC/USD Medium-term Trend: Bearish

  • Resistance Levels: $10,000, $10, 200 ¸ $10,400
  • Support levels: $9,000, $8,800, $8, 600

Yesterday, July 18, the price of Bitcoin was in a bullish trend. The BTC price had been hovering above the $9,400 price level in the last three days. The market made an upward move to break above the 12-day EMA and the 26-day EMA but was resisted at the 26-day EMA. On the upside, if the bulls break above the EMAs, the crypto’s price will rise and resume its bullish trend.

It is most likely the bulls will retest the $13,000 resistance level. However, if the bulls fail to break above the EMAs, the BTC market will continue its range bound move above the $9,400 price level. Meanwhile, the MACD line and the signal line are above the zero line which indicates is a buy signal.

BTC/USD Short-term Trend: Bullish

On the 1-hour chart, the BTC price has resumed its upward move above the EMA. The 12-day EMA and the 26-day EMA are pointing northward indicating that price is rising. The BTC market has earlier fallen to the lows of $9,200 and $9,400 on July 17 and 18 respectively before breaking above the EMAs.

In the bullish trend zone, the market reached $10, 800 price level but was resisted. The price has fallen and it is trading below the EMAs. Meanwhile, the MACD line and the signal line are above the zero line which indicates is a buy signal.

Bitcoin’s price is $10,518.50 BTC/USD exchange rate today. The real-time BTC market cap of $187.5 Billion currently ranks #1 with a chart dominance at 65.64%, daily trading volume of $8.23 Billion and live coin value change of BTC -1.45 in the last 24 hours.

Today’s Latest Bitcoin Price Analysis, Chart Forecasts and Industry News

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

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Author: Azeez Mustapha

SKYCOIN Price Prediction Today: Daily (SKY) Value Forecast – July 19

Binance Lists Skycoin (SKY) to Cryptocurrency Exchange, Price Spikes
  • The bulls are in control short and medium-term outlook.
  • Traders may look to buy at pullback areas.

Supply zones: $2.00, $2.20, $2.40
Demand zones: $1.00, $0.80, $0.60

SKYUSD is in a bullish trend in the medium-term outlook. With a large bullish candle at $1.07 on 17th July, the bullish momentum has just begun with $1.23 and $1.35 on 17th and 18th July respectively.

Today’s opening price at $1.32 closed a bearish spinning top an indication of bears returned. The cryptocurrency dropped to $1.22 in the demand area. The bulls are back as indicated by the reversal signal at the closed of the 4-hour candle. This area is the 38.2 fib area a trend continuation zone suggesting the resumption of bullish continuation.

Price is within the two EMA with the stochastic oscillator signal parallel at 78% suggesting a brief consolidation before the upward price movement. $1.35 in the supply area is up for a retest and subsequent breakout most probable.

SKY/USD Short-term Trend-Bullish

The cryptocurrency is in an uptrend in the short-term outlook. The lower and upper line of the channel has been good support for the bulls and resistance for the bears. The bears stage a return at the resistance as the market opens today at $1.34.

SKYUSD fell to $1.22 at the lower line of the channel which was strong support for the bulls with the break of the resistance at the two EMAs rise in the cryptocurrency to $1.30.

The stochastic oscillator signal is pointing up at 60% suggesting upward momentum with $1.36 in the upper line a target.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

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Author: Azeez Mustapha

XRP Price Prediction Today: Daily (XRP) Value Forecast – July 18

Ripple Price Analysis: Fundamentals Are Bullish, XRP Drops To 40 Cents in a Retest
  • On the upside, if the bulls break above the EMAs, the crypto’s price will rise to retest the $0.40 and $0.46 resistance levels.
  • The XRP market reached its low at the $0.28 price level.

XRP/USD Medium-term Trend: Bearish

  • Resistance Levels: $ 0.44, $0.46, $ 0.48
  • Support Levels: $0.31, $0.29, $0.27

Yesterday, July 17, XRP price was in a bullish trend. The XRP market reached its low at the $0.28 price level. Also, the coin reached the oversold region of the market and buyers are emerging. The bulls have made an upward move towards the EMAs. On the upside, if the bulls break above the EMAs, the crypto’s price will rise to retest the $0.40 and $0.46 resistance levels.

As the market is set for an upward move, traders are expected to buy low and sell high. Similarly, traders should look out to buy setups to initiate long trades in anticipation of a bullish trend. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bullish trend. The 12-day EMA and the 26-day EMA are pointing northward. The bulls have broken above the EMAs to reach the bullish trend zone.

The XRP price has risen from its low at $0.29 to the $0.32 price level. If the bulls sustain the price above the EMAs, the crypto’s price will rise. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. signal.

XRP’s price is $0.32 XRP/USD exchange rate today. The real-time XRP market cap of $13.8 Billion currently ranks #3 with , daily trading volume of $444.54 Million and live coin value change of XRP 3.07 in the last 24 hours.

Latest Ripple Industry News and XRP Coin Analysis Updates

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

[Domain Disclosure] The crypto-community content sourced, created and published on BitcoinExchangeGuide should never be used or taken as financial investment advice. Under no circumstances does any article represent our recommendation or reflect our direct outlook. We b-e-g of you to do more independent due diligence, take full responsibility for your own decisions and understand trading cryptocurrencies is a very high-risk activity with extremely volatile market changes which can result in significant losses. Editorial Policy \ Investment Disclaimer

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Author: Azeez Mustapha

Electroneum Price Prediction Today: Daily (ETN) Value Forecast – July 15

Electroneum (ETN) Fork Brings Back ASIC Mining To Network, Too Few GPUs
  • In retrospect, on June 17, the ETN market reached a high of Ƀ0.00000070.
  • On June 18, the bulls were resisted and ETN market was on a downward correction to a low at Ƀ0.00000039.

ETN /BTC Medium-term Trend: Bullish

  • Resistance Levels: Ƀ0.00000060, Ƀ0.00000065, Ƀ0.00000070
  • Support Levels: Ƀ0.0000004 0, Ƀ0.00000035, Ƀ0.00000030

Yesterday, July 9, the price of ETN was in a bearish trend. The price was retracing to the support of the 12-day EMA after the bulls were resisted at the Ƀ0.00000055 price level. The bears have broken below the EMAs and a bullish candlestick is opening below the EMAs.
In retrospect, on June 17, the ETN market reached a high of Ƀ0.00000070.

On June 18, the bulls were resisted and ETN market was on a downward correction to a low at Ƀ0.00000039. The moving averages were trending northward indicating that price is rising. On the upside, if the bulls break above the EMAs, the crypto’s price is likely to rise to retest the Ƀ0.00000070 price level. However, if the bulls failed to break the EMAs, the crypto will be in a range bound move below the EMAs. Meanwhile, the price of ETN is in the oversold region of the daily stochastic but above 40% range. This indicates that the price of ETN is in a bullish momentum and a buy signal.

ETN/BTC Short-term Trend: Ranging

On the 1-hour chart, the price of ETN is in a bearish trend. The 12-day EMA and the 26-day EMA are trending northward The crypto’s price is fluctuating below the 12-day EMA and the 26-day EMA indicating that price is likely to fall. However, the ETN price is in the oversold region of the daily stochastic but above the 20% range. This indicates the price is in a bullish momentum and a buy signal.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

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Author: Azeez Mustapha

TRON Price Prediction Today: Daily (TRX) Value Forecast – July 15

Impressive Tron’s dApp Statistics The Perfect Primer For TRX Bulls
  • On the upside, if the bulls break above the EMAs, the crypto’s price will rise to retest the $0.0400 overhead resistance.

TRX /USD Medium-term Trend: Ranging

  • Resistance Levels: $0.0340, $0.0360, $0.0380
  • Support Levels: $0.0280, $0.0260, $0.0280

The TRX/USD pair reached a high of $0.0400 price level. On June 10, the price of TRON was in a bearish trend as it was resisted at the $0.0360 price level. The downward trend continued to a low at $0.02800 price level. This level was the previous low of May 2019. If the $0.002800 support level holds the crypto’s price is likely to rise. The bulls have been contesting to break the $0.0400 overhead resistance.

On the upside, if the bulls break above the EMAs, the crypto’s price will rise to retest the $0.0400 overhead resistance. However, if the $0.002800 support level is broken, the price of TRON will depreciate to a low of $0.002400 price level. Meanwhile, the price of TRON is in the oversold region of the daily stochastic but above the 20% range. This indicates that price is in a bullish momentum and buy signal.

On the 1-hour chart, the price of TRON is in a bullish trend zone. The moving averages are trending upwards. On July 11, the price of TRON fell to the support level of $0.002800 and the price level is holding as the bulls break above the EMAs. Meanwhile, the price of TRON is in the overbought region of the daily stochastic but above the 80% range. This indicates that price is in a bullish momentum and buy signal.
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The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

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Author: Azeez Mustapha