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This Week in Bitcoin: $8 Billion BTC Trust and Maximalists Misbehaving


This Week in Bitcoin is your roundup of the prime talking points from across the cryptosphere. From the major news to the minor debates that erupted into huge arguments, we’ve captured the flavor of the frenetic soup that is Bitcoin and all that simmers in it. In this edition, the deadline...

Market Update: Despite Uncertainty, BTC Longs Skyrocket


Digital currency prices have slumped again as the entire crypto market capitalization has dropped below $200 billion. At press time, most of the top digital assets are down a few percentages after gathering some gains over the last few days. With multiple coins getting rejected after trying...

Accused Onecoin Co-Conspirators Fight Criminal Charges in the US


The Onecoin scam, a multi-level Ponzi scheme that acquired $4 billion from investors has been falling apart at the seams. Criminal proceedings have started against Onecoin leaders and one alleged associate who was found guilty of laundering $400 million has asked a New York judge for more time...

23 Days Until a Bonded Courier Supposedly Delivers Keys to $8 Billion in BTC


In 23 days, the infamous self-proclaimed Bitcoin inventor Craig Wright will allegedly receive 1,100,111 BTC from a trust purportedly held in Seychelles. In fact, many Wright supporters and BSV proponents wholeheartedly believe Wright will “gain complete ownership of the trust,” and to...

South African Airways to Get R2 Billion as It Enters Into Business Rescue


In any nation even with the slightest of socialist values, the public sector plays an important role. However, fulfilling these social obligations, public sector companies have been often financially worsened. The recent case of financially unsound South African Airways (SAA) proves that. This...

Onecoin Websites Suspended as the $4 Billion Ponzi Crumbles


The MLM monitoring publication behindmlm.com revealed on Dec. 1 that the infamous Ponzi scheme Onecoin’s website onecoin.eu has gone offline. According to the domain host Eurid, the onecoin.eu domain name is currently “under legal investigation.” Onecoin’s website going...

$4 Billion US Fintech Startup Sofi Receives New York Bitlicense


Sofi is a startup valued at over $4 billion which is focusing on providing millennials with student loan refinancing, personal loans, mortgages, and other wealth management and financial services. In September it has added crypto trading to its investing platform as a response to demand from...

Despite the Recent Slump, Crypto Prices Improved a Great Deal in 2019


As far as prices are concerned, 2019’s cryptocurrency markets fared much better than the year prior. Currently, the entire market capitalization of all digital assets is hovering just above the $200 billion mark. The following is a look at the cryptocurrency market’s biggest gainers...

Ant Financial Plans to Raise $1 Billion Fund for New Start-ups


Alibaba founder Jack Ma, owned Ant Financial, is making plans to attract around $1 billion in investment for a fund aimed at startups in Southeast Asia and India. According to a source, the company looking to invest in startups that are focused on markets in which mobile internet is growing...

Charles Schwab All Set to Acquire TD Ameritrade in $26 Billion All-stock Deal


Discount brokerage TD Ameritrade is all set to be acquired by Charles Schwab in an all-stock deal worth $26 billion, according to an agreement Ameritrade stockholders will get 1.0837 worth of Schwab stock for each of their shares. It reflects a 17% premium over the Ameritrade stock’s 30-day average...

Market Update: Uncertainty Strikes Crypto Traders After Week-Long Downtrend


Three days ago, cryptocurrency markets were holding foundational support after coins plunged 2-14% and the entire cryptoconomy dropped below $200 billion. Crypto prices continued to slide in a bearish trend, and over the last 12 hours, the entire market valuation of all 3,000+ coins lost another...

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