The Indian police have launched an investigation into Bitconnect and booked its founder after a bitcoin investor reported being defrauded by the global crypto “Ponzi scheme.” According to U.S. authorities, the scheme reached a market capitalization of $3.4 billion at its peak. The founder and his co-conspirators allegedly obtained about $2.4 billion from investors. Bitconnect’s …
Monthly archives: August 2022
Top Strategist at $1,300,000,000 Crypto Fund Says Bitcoin (BTC) Could Explode Over 2,200% – Here’s His Timeline
The chief investment officer of crypto asset manager Bitwise Investments is unveiling his massive price target for Bitcoin (BTC) despite the ongoing bear market. In a new Stansberry Research interview, Bitwise executive Matt Hougan says that Bitcoin could rally by over 2,273% from its current price of $21,062 as he believes BTC will come close …
The Real Deal? Peter McCormack’s Bedford Bitcoin Bet scores more than goals
The Bitcoin Standard has many formations. For some, selling all possessions and living off magic internet money is key; for others, it’s about sweeping every spare penny into Satoshis. For popular podcaster Peter McCormack–an avid football fan–it meant buying his local club and signing Bitcoin (BTC) onto the team sheet. Bitcoin advocate McCormack acquired his …
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4 Reasons why Cardano Price will Double and Tamadoge Price will 10x
Cardano shocked the crypto space by outperforming Bitcoin and Ethereum by 75% and 453%, respectively, in 2021. It has everything new-gen crypto folks want their blockchain to be, from consuming last power to being scalable. It is also faster and charges low fees. People are wondering if Cardano’s price will double soon. And they have …
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Will Ethereum hit $4k before the Merge Upgrade? 5 Reasons to Buy Ethereum and Tamadoge
The anticipation around Ethereum’s Merge upgrade is high – making the crowd rally the ETH price whenever there is news. However, those updates haven’t exactly panned out for people during the bear market. The difficulty bomb test was a dud, and the Terra crash didn’t favor Ethereum. And then, there was stETH – the Lido …
5 Best Future Cryptocurrency Projects to Invest in
The cryptocurrency market has grown significantly over the past year, and new projects continue entering the market. Unlike most of their predecessors, most of these new projects have come with a solid roadmap, and they have also integrated more utility for their native tokens to give them value. Some of the best future cryptocurrency projects …
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LBLOCK Price Analysis: Lucky Block Presenting Trading Opportunities
Lucky Block: August 20th Lucky Block is progressive in finding subsequent higher support. In our last analysis for this crypto, Lucky Block was able to find significantly higher support of $0.002040. This was significantly higher than the previous one of $0.002007. In this post, Lucky Block seems to have done it again, as it appears …
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ADA Market Is on a Downtrend, Tamadoge Promises Better Market Performance
ADA/USD rebounds sharply off higher resistance, as sellers tears down steadily rising support line. Since around 15th of July Cardano has been trading in a gradual upward sloping manner. However, that trend appears to have ended given the current situation of this market. Cardano Forecast Statistics Data: Cardano current price: $0.4671 Cardano market cap: $18.1 …
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South African Reserve Bank Wants Banks To Be Lenient To Crypto Service Providers
The South African Reserve Bank has sent out guidelines to banks operating in the country regarding their dealings with crypto service providers. The apex bank has encouraged banks not to cut off all ties with cryptocurrency, telling them that doing so may pose a “threat” to financial integrity. According to the bank, such an act …
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CME Group plans to launch options on Ether futures as Merge looms
The Chicago Mercantile Exchange Group, one of the largest derivative marketplaces, has launched options trading for Ether futures products. The CME Group said that the products had been launched following regulatory review. CME Group to launch options for ETH futures An announcement by the CME Group said that after regulatory review, it had decided to …
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Binance vs. FTX: CZ calls out ‘bad players’ for crypto exchange jitters
The CEO of crypto exchange Binance, Changpeng ‘CZ’ Zhao, raised concern for traders after learning about the infamous phenomenon of trade jitters on other crypto exchanges. Jitters in crypto trading relate to a trade event wherein an investor’s buy or sell order gets stuck and moves down in the list, allowing newer trade orders to …
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Aztec responds to claims FTX froze user funds for interacting with the protocol
CryptoSlate reported that FTX had frozen user accounts because they interacted with Aztec Network. Aztec has now responded to the claims by reiterating its core values and confirming that it “will not be passive in stopping illicit behavior.” Also documented by Wu Blockchain, the accusations of FTX users having their accounts frozen came from a …
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Cardano developer reveals bug in node version 1.35.2
Cardano (ADA) developer Adam Dean in an August 18 Twitter thread, revealed a bug in Cardano node version 1.35.2 that caused the collapse of Cardano Testnet. 🧵 (1/n) It’s important to point out today that the #Cardano #Testnet is **catastrophically** broken due to a bug in Cardano Node v 1.35.2. This was the version that …
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FTX backtracks on FDIC insurance but fails to delete all references
The global crypto market cap is $ with a 24-hour volume of $. The price of Bitcoin is $20,969.35 and BTC market dominance is %. The price of Ethereum is $1,622.82 and ETH market dominance is %. The best performing cryptoasset sector is Adult, which gained 34%. Go to Source
Korean Regulator Takes Action Against 16 Foreign Crypto Exchanges
The South Korean financial intelligence unit is taking action against 16 foreign cryptocurrency exchanges for operating illegally in the country. “For illegal business activities of unregistered entities, maximum of 5 years of imprisonment or up to KRW 50 million of fines can be imposed,” the regulator said. 16 Foreign Crypto Exchanges Flagged by South Korean …
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