Bitcoin and Altcoins Remain At Risk Of Further Correction
bestadmin
This past week, we saw a strong decline in bitcoin price below USD 11,000 and USD 10,500. BTC even dived below USD 10,000 briefly. It is currently (08:30 UTC) consolidating…
Month: September 2020
96 posts
Private Software Firm Says It Is Working on China’s CBDC Project
Another Chinese private sector company has admitted it is working with the nation’s central bank on its rapidly expanding digital currency pilot project – the second private firm to make…
Bitcoin and S&P 500 Correlation Grows, Miners Accumulate BTC Again (UPDATED)
As the US stock market renewed its sell-off today, the crypto market erased gains made earlier this Friday, dropping for the third day in a row while Bitcoin (BTC) miners…
Bitcoin and Altcoins Tumble Below Crucial Uptrend Supports
Bitcoin price failed to stay above the main support near USD 11,200 and USD 11,000. As a result, BTC declined over 10% and it even traded towards the USD 10,000…
Crypto Promoter Admits Role in $700M Mining Ponzi Scheme
A California man admitted today to conspiring to engage in tax fraud and selling unregistered securities linked to Bitclub Network, a dodgy cryptocurrency mining scheme worth $722 million. Joseph Frank…
Bitcoin Miners Sold 63% More Coins Than Generated In a Day
With yesterday’s correction in ethereum (ETH) and many DeFi tokens also spilling over into bitcoin (BTC), Bitcoin miners sold BTC 844 (USD 9.5m) in a day, or 63% more coins…
Bitcoin, Ethereum and Altcoins Lose Momentum
Bitcoin price started a sharp downward move after it failed to stay above the USD 11,650 support. BTC even declined below the key USD 11,550 support and revisited USD 11,200.…
Hacking of PM Modi Happened at Bad Time for Indian Crypto Industry
An apparent hacking of Indian Prime Minister Narendra Modi’s Twitter account by attackers seeking to scam people into sending cryptocurrency came at a bad time for the industry in India,…
Residents of Europe’s Crypto Valley Can Pay Tax Bills in Bitcoin, Ethereum
The Swiss canton of Zug – the heart of the nation’s burgeoning crypto and blockchain industry – will be allowed to pay tax bills of up to USD 109,670 in…
Revolut Brings Crypto Trading to Australian Customers
Only after a month of entering the Australian market, UK-headquartered challenger bank, Revolut has launched cryptocurrency trading services in the country. The mobile-based banking app now allows its Aussie customers…
