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South Korea Has Tracked USD 1bn Worth of Fraudulent Crypto Transactions This Year
12.9.2022
A staggering USD 1 billion worth of fraudulent crypto-related transactions has been identified in South Korea in the first half of 2022, new data shows.
According to Asia Kyungjae, the figures were compiled by the Korea Customs Service and made public by the lawmaker Kang Byung-won.
The data...
Could Japanese Regulatory Change Provide New Boost for Crypto?
12.9.2022
Regulations governing crypto could be set for a change – with the sector’s governing body preparing to reform laws that pertain to stablecoins and security tokens. Trust banks could also be given the power to handle crypto, as is already the case in the United States....
Read More: Could Japanese...
Bitcoin and Ethereum Pump, APE and CAKE Outperform
12.9.2022
Bitcoin price started a strong increase above the USD 20,500 resistance. BTC even spiked above USD 22,000 and is currently (04:00 UTC) correcting lower. The bulls are now likely to remain active near the USD 21,200 zone.
Similarly, most major altcoins started a steady increase. ETH was able...
Bitcoin-powered Darkweb Drug Dealers Handed Jail Time in South Korea
9.9.2022
Drug traders who exchanged narcotics for bitcoin (BTC) using darkweb portals have been handed jail time and suspended sentences as South Korean courts following scores of arrests made earlier this month....
Read More: Bitcoin-powered Darkweb Drug Dealers Handed Jail Time in South Korea
Bitcoin Smashes Key Resistance, Ethereum and Altcoins Jump
9.9.2022
Bitcoin price gained pace above the USD 20,500 resistance. BTC is currently (11:20 UTC) up over 8% and trading near USD 21,000. Any more gains might send the price towards the USD 21,500 resistance zone.
Similarly, most major altcoins are eyeing more upsides. ETH was able to clear the USD 1,700...
Bitcoin Price Pumps Back to $21k as Whales Make Moves and Dollar Slides
9.9.2022
The bitcoin price is flying higher today up nearly 8.6% at $20,963 and it is pulling up the rest of the crypto complex.
Data site CoinGecko shows prices of the top 20 coins trading all strongly in the positive, showing gains of between 5% and 9%, as does the cryptonews.com price tracker across...
Bitcoin Skeptic Warns BTC Holders to Abandon Ship Before Impending Crash
9.9.2022
Peter Schiff, founder, chief economist, and global strategist of Euro Pacific Asset Management, has again sounded a warning to investors to sell off their holdings of Bitcoin (BTC).
The long-time Bitcoin skeptic and gold-bug took to Twitter to announce that Bitcoin is a sinking ship that should...
The Most Popular Crypto in the UK Isn't Bitcoin (or Ethereum)
9.9.2022
Bitcoin (BTC) may hold the most name-recognition in the cryptocurrency space, but that doesn’t necessarily mean it’s the most popular - in certain countries around Europe at least.
A year-long analysis of Google Trends by online casino experts, AskGamblers, revealed the most popular...
Bitcoin and Ethereum Eye Fresh Surge, LUNC Extends Rally
9.9.2022
Bitcoin price remained stable and climbed above USD 19,000. BTC is currently (04:00 UTC) eyeing an upside break above the USD 19,500 resistance. If the bulls succeed, the price could rise 4%-5%.
Similarly, most major altcoins might start a steady increase. ETH might climb further above USD 1,650...
Coinbase's Battle Over Tornado Cash, White House Not Happy With Bitcoin Mining + More News
8.9.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Coinbase's Battle Over Tornado Cash, White House Not Happy With Bitcoin Mining + More News
This Investor in Distressed Assets Sits on an 18x Gain from Mt. Gox Claims he Bought in 2017
8.9.2022
An investor in distressed assets has seen an 18x gain on claims he bought from creditors after the collapse of the infamous crypto exchange Mt. Gox, and he is now looking for more deals.
Thomas Braziel, an investor who has made a living out of buying up bankruptcy claims and other distressed...
Bitcoin and Ethereum Defy Gravity, LUNC and USTC Rally
8.9.2022
Bitcoin price started a recovery wave above the USD 19,000 resistance level. BTC is currently (11:20 UTC) consolidating and might clear the USD 19,500 resistance. If not, the bears might take back control.
Besides, most major altcoins are showing signs of more gains. ETH is consolidating above...
El Salvador Leader Bukele Calm As Media Label ‘Bitcoin Experiment’ a ‘Failure’
8.9.2022
The mainstream media in El Salvador has torn into into President Nayib Bukele for his perceived silence over the one-year anniversary of bitcoin (BTC) adoption, with multiple outlets and organizations calling the move a “failure.”
Bitcoin was adopted as legal tender exactly a year ago yesterday...
Ethereum Trims Losses and Rallies While Bitcoin Lacks Momentum
8.9.2022
Bitcoin price extended losses and traded close to USD 18,500. BTC formed a base and started an upside correction above USD 19,000. It is currently (04:00 UTC) facing a major resistance near the USD 19,500 pivot zone.
Besides, most major altcoins managed to trim most losses and recovered....
Bitcoin Price Looks to Retest June Lows of Around $17k
7.9.2022
September is to be an action-packed month for the Bitcoin and wider cryptocurrency industry, given the plethora of events that are unfolding.
First and foremost, there is the uncertainty of the Ethereum merge and what that could mean for the markets.
Secondly, the first few Bitcoin from Mt....
A Crypto Analyst Reckons Off-Chain Bitcoin Activity is in Bull Market Right Now
7.9.2022
Zack Voell, a prominent crypto market researcher, has opined that while the pioneer cryptocurrency may be in a bear market in terms of price, there are signs to indicate that it is seeing bullish adoption with regard to off-chain activity.
Voell, who is an analyst at the Bitcoin mining software...
Bitcoin (BTC) Below $20K; What’s Happening With the Crypto King?
7.9.2022
Market leader Bitcoin moves in a negative trend while other cryptocurrencies are at least attempting to consolidate. Despite the huge active circulation, there have been no supply constraints to increase BTC value. Last time, the experts suggested a buying rally as BTC would move towards 100%...
Bitcoin and Ethereum Consolidate Losses, Recovery Could Be Limited
7.9.2022
Bitcoin price declined heavily below the USD 19,500 support. BTC even settled below the USD 19,000 level. It is currently (11:20 UTC) consolidating losses above the USD 18,500 level, with slim chances of a recovery wave.
Similarly, most major altcoins are consolidating losses. ETH is stuck near...
Short Positions on Bitcoin Are at Record Going by Fund Inflows, CoinShares Reports
7.9.2022
Capital is flowing into short bitcoin (BTC) funds at a record rate, while regular long bitcoin funds continue to see outflows, new data from the crypto research and investment firm CoinShares shows....
Read More: Short Positions on Bitcoin Are at Record Going by Fund Inflows, CoinShares Reports
Analysts Predict Massive Capitulation for Bitcoin - But How Long Before Recovery?
7.9.2022
A massive capitulation could be ahead for bitcoin (BTC) if some analysts are to be believed. But according to others, it’s just a matter of time before money printers are turned back on around the world and BTC rises in response....
Read More: Analysts Predict Massive Capitulation for Bitcoin -...