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When Cash Is Banned, Centralized Cryptos Are Not Going to Save You


Australia is now moving forward with its proposed legislation to ban cash purchases over 10,000 AUD ($6,900) for business purposes. According to the treasury website: “The Black Economy Taskforce recommended this action to tackle tax evasion and other criminal activities.” While many...

Ignore Crypto Twitter – Life as a Nocoiner Isn’t That Bad


Crypto Twitter (CT) is filled with half-witted commentary and price predictions by so-called luminaries, maximalists, and influencers. As the price of BTC has dropped to four figures, the usual tweets from CT thought leaders has insisted that this is the last chance to buy bitcoin for under...

Bitcoin Dives Under USD 10,000, Crypto Market Down 10%


The most popular cryptocurrency, bitcoin, dropped by almost USD 1,000 on Tuesday, breaking the USD 10,000 level and almost reaching USD 9,600, while the whole market capitalization dropped by more than 10%. At pixel time (17:49 UTC), bitcoin trades at c. USD 9,641, and is down by almost 9% in...

Bitcoin Price Analysis: BTC Hovers Around its Key Support of $10,000


Since the last 5 days, BTC price is trading with a strong bearish effect as the coin dropped from $12000 and was trading around $11,000. However, recently Bitcoin has seen extended price fall causing it to float around $10,000, its crucial support level. In the last 24 hours, Bitcoin price has even...

Crypto Markets See Double-Digit Crash, Bitcoin Dips Below USD 10,000


Source: iStock/hocus-focus After a short term recovery last week, when bitcoin price reached USD 13,000 again, it dropped over the weekend dipping even below the psychologically important level of USD 10,000 for c. 10 minutes on Monday morning (UTC time). Only a few coins from the top 100 are...

100,000 Employees to be Retrained by Amazon in New Plan


Amazon has grown into one of the world biggest companies with a market capitalization touching $1 trillion in a matter of around two decades, and it has managed to achieve such hyper growth due to the sort of innovation it brought into a new industry. For a company to grow at such a breakneck pace...

JP Morgan Chase Ship Busted: Cocaine, Banks and the Failed Drug War


A ship seized by the U.S. Customs and Border Protection Agency in June carrying over 15,000 kilos of cocaine has now been tied to JP Morgan Chase’s asset management unit. Officially the company does not exercise any operational control of the vessel, but some serious questions are raised when...

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