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Ponzi Scheme PlusToken Might Be Behind Bitcoin's Crash, Traders Say


Bitcoin (BTC) dropped this weekend to the levels last seen in January, and another reason behind it my be multi-million dollar sell-off by an alleged USD 2.9 billion Ponzi scheme. As reported, in a surprising twist (if anything can surprise the Cryptoverse anymore), BTC price crashed this weekend...

World Economies & Crypto Market Crash: Is Coronavirus Only to Blame?


What is really happening to the worldwide investment market as the stocks and major indices like S&P 500, Dow Jones Industrial Average Index and NASDAQ future plunge record nearly 5% and 1200-point low, respectively. Not only this, but the wicket of crude oil dip has gained an additional point...

Bitcoin and Altcoins Show Post-Crash Recovery Signs


Yesterday, we discussed the chances of more losses in bitcoin below the USD 9,200 and USD 9,000 support levels. BTC/USD did decline heavily and broke many supports near USD 9,000 and USD 8,850 level. It tested the USD 8,550 support area and it is currently (09:00 UTC) correcting higher. Similarly...

Surprising Bitcoin Crash Left the Market Bewildered


Following a sharp drop in the bitcoin (BTC) price on Wednesday that brought the price of the asset down by almost USD 1,000 in less than an hour, the market still has no clear answer what caused the drop. As noticed by cryptoasset analyst at ARK Invest Yassine Elmandjra, yesterday’s drop marks...

BitMEX CEO’s Jokes About XRP End With a Flash Crash and a Wall of Silence


Arthur Hayes. Source: a video screenshot, Youtube, CfC st. Moritz The normally outspoken CEO of major crypto derivatives exchange BitMEX, Arthur Hayes, has gone quiet after a short-lived crash occurred in the exchange’s XRP derivatives market, which may have led to large losses for some traders...

XRP Plummets 56% in One Candle, Bitmex Traders Outraged Over Flash Crash


A number of XRP traders are complaining about massive liquidations on Bitmex as the price of XRP spiked and was brought down by 56% in a single candle. After the incident, well known traders with leveraged positions took to Twitter to complain about the upset as some investors were completely...

Bitcoin Trading Crash Course: How to Trade Bitcoin for Fun and Profit


Once you understand all the terms and strategies, you’ll be well-equipped to buy and sell Bitcoin for fun and profit. We’re about to give you a crash course in Bitcoin trading. Once you understand all the terms and strategies, you’ll be well-equipped to buy and sell Bitcoin for fun and profit. Read...

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