Bitcoin price has struggled to regain the same powerful bullish momentum it had starting in April through July, but crypto bulls also haven’t given up the fight and have managed to keep Bitcoin price from falling far below $10,000. But that fall deep below $10,000 may be coming sooner than expected if the weekly MACD…
A scammer who sold people’s personal details on the dark web has been ordered to forfeit $1.12 million worth of Bitcoin. Grant West, also known as “Courvoisier “, gathered sensitive information about individuals using a phishing scam targeting a popular online takeaway ordering service and other well-known British retailers. The investigation and subsequent confiscation is…
Bitcoin forayed into the financial markets ten years ago and became a benchmark asset to a new wave of trading instruments now known as cryptocurrencies. But for South Africa’s richest woman Magda Wierzycka, it is not worth an investor’s dime. The co-founder & chief executive of financial services company Sygnia Asset Management said in an…
Reports are emerging that the Trump Administration has taken another dig at digital currencies. As usual mainstream media outlets are running with the FUD, spouting stories of despair as Bitcoin does not bat an eyelid and continues its consolidation. China Targeted in Drug Epidemic Two advisories were issued yesterday by the White House warning over…
For the most part, investors abiding by traditional investment strategies have avoided Bitcoin (BTC) like the plague. Legendary investor Warren Buffett, for instance, once called the cryptocurrency “rat poison squared”, later explaining that there isn’t much inherent value in the project. Other notable players in finance and politics, including U.S. President Donald Trump, have echoed…
One of the biggest criticisms over the crypto market is due to its wild west environment where anything goes. It’s allowed for the sale of unregistered securities, scams, and much more. While regulators sit on their hands, the crypto community themselves are banding together to wipe out scammers and other less than savory characters from…
Any good investor, trader, or financial analyst – be it Bitcoin, crypto, or traditional financial markets – conducts due diligence such as fundamental analysis and technical analysis before and while taking a position, to minimize risk and maximize reward. As part of this analysis, oftentimes, analysts also look for important dates that news might break,…
Belgium’s Financial Services Authority (FSMA) has added new warnings to its list of firms thought to be involved with crypto-related fraud. The financial watchdog has now alerted the nation’s investing public to a total of 121 different scam cryptocurrency-focused investment prospects since it started listing them in early 2018. The FMSA is one of the…
Throughout much of 2018, support at $6,000 acted as the absolute Bitcoin price floor, with each time bears pushed the price of the first-ever crypto-asset down to the range, it would reverse and rally – only to stop short of ever setting a new higher high. But in November, the unthinkable happened and took Bitcoin price…
SBU (Security Service of Ukraine) detectives have discovered a cryptocurrency mining operation at one of the nation’s nuclear power plants. The agency has reason to believe that it was officials at the facility that had installed the unauthorised hardware. The SBU alleges that the internet connection installed to facilitate the mining operation posed a significant…