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Ponzi Accused of USD 2B Heist & BTC Crash, Analysts Disagree
16.8.2019
In the past couple of days, the Cryptoverse was filled with discussions about an alleged Chinese ponzi scheme selling bitcoin and causing a crash, but according to cryptocurrency analyst group TokenAnalyst, that may not be the reason.
Dovey Wan, a founding partner of California-based investment...
Argentina’s Peso Collapse Shows Governments Shouldn’t Control Money
15.8.2019
Whenever bitcoin experiences a sharp drop or volatility, mainstream media analysts jump to declare that cryptocurrency isn’t stable enough to be considered money. The double-digit crash of the Argentine peso in one day, simply due to an election in the country, can be said to prove the same...
Investors to Get Bitcoin Refunds from Poloniex for May Flash Crash
14.8.2019
Poloniex has announced that it will be covering the losses incurred by investors during the flash crash that took place in May. The trading fees will be credited to lenders who lost big funds in the May market slump that involved the dubious digital currency ClAMS. As per the official blog post...
Poloniex Will Reimburse $13.5 Million Loss From Clams Flash Crash
13.8.2019
Poloniex to re-credit trading fees to margin lenders hit by Clams flash crash
Poloniex Begins Bitcoin Refunds to Investors Impacted by CLAM Crash
13.8.2019
In their attempt to repay the lenders impacted by the market crash back in May, the U.S.-based cryptocurrency exchange Poloniex said it will soon start crediting trading fees to lenders.
Just two months ago, the exchange, owned by major crypto company Circle, faced a backlash from the community...
Investors Who Lost Big in Poloniex Flash Crash Receive Bitcoin Refunds
13.8.2019
Poloniex allowed margin trading on the coin until a flash crash wiped out 1,800 bitcoins worth $13.5 million at the time
The Next Big Financial Meltdown Is Around the Corner, Many Voices Warn
25.7.2019
“The economy is looking great,” how many times have they told you that? And why do you usually hear it when you are late on a mortgage payment or during a downsizing purge at your company? Relying on your senses is always a safer bet than trusting the wishful thinking of those...
Deutsche Bank Collapse Could Crash Global Financial Markets
21.7.2019
German financial services giant Deutsche Bank AG is one of the largest and most important economic institutions in the world. Mainly due to self-imposed scandals, the bank is now having to taking drastic measures to stay afloat. Investors everywhere should note that if such a critical piece of...
Crypto Markets See Double-Digit Crash, Bitcoin Dips Below USD 10,000
15.7.2019
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...
Bitcoin’s Big Price Drop Is the Latest in a Long History of Flash Crashes
28.6.2019
On Wednesday, June 26, the price of BTC came close to reaching $14K. One hour later, it had dropped by close to 18%. Such events are known as a flash crash, a moment in time where a rapid-sell off happens and often times a few exchanges become inoperable. Over the last few years, especially when...
Market Outlook: After Crypto Prices Tumble, Observers Weigh in on What’s Next
27.6.2019
Bitcoin and a large number of cryptocurrencies experienced a sharp crash after touching new price highs this year. On June 26, the price of bitcoin core (BTC) dropped from $13,850 to under $11,900 in less than an hour. BTC values against the USD continued to spiral on Thursday, dropping to $10,350...
Bitcoin Faces Sudden Price Drop And Incident Coincides With Coinbase Platform Crash
27.6.2019
Bitcoin faced a significant setback last night, in just a few seconds it fell from $13,800, the highest values reached this year to $12000. The sudden fall in the price coincided with the crash of major cryptocurrency exchange Coinbase. Although the week began with an impressive price for...
Crypto Volatility Jumps as Market Crash Coincides with Coinbase Outage
27.6.2019
Bitcoin (BTC) once again showed its volatility that coincided with an outage that lasted just under an hour at exchange platform Coinbase . (Updated on 13:21 UTC: updates throughout the entire text.)
BTC had been soaring at prices of over USD 13,800 on June 26 when an outage of Coinbase’s website...
Bitcoin Falls by $1,400 After Crash of Major Crypto Exchange Coinbase
27.6.2019
Bitcoin ‘corrects’ down $1,400, seemingly due to a period of technical errors with the website of major crypto trading platform Coinbase
Indian Crypto Dreams Crash Down As Government Proposes 10 Year Jail Term For Crypto Trading
8.6.2019
All the crypto dreams in India came down crashing, and a new bill has been introduced in India, proposing a complete ban on crypto trading and criminalizing it. The Banning of Cryptocurrency and Regulation of Official Digital Currency Bill, 2019, proposes a 10-year prison term for anyone engaged...
Margin Lenders on Poloniex Lost $13.5 Million Due to Flash Crash
7.6.2019
Margin lenders on crypto exchange Poloniex have lost around $13.5 million due to a flash crash
Margin Lenders Lost $13.5 Million in May to Poloniex Crypto Crash
6.6.2019
Margin lenders on Poloniex got hit with a 1,800 BTC ($13.5 million) loss on May 26th as a flash crash has made it unlikely borrowers will be able to repay the debt
Bitcoin Useful as Investor ‘Tip-Off,’ Says Gold Bug Who Predicted 90% Price Crash
5.6.2019
Bitcoin could inform investors worried about the U.S.-China trade war, according to an executive from financial planning and wealth advisory firm Bleakley Advisory Group
US CFTC Chair: Blockchain Would Have Improved Regulator Response to 2008 Financial Crash
4.6.2019
The U.S. CFTC chair says blockchain would have allowed for a “far faster, better-informed, and more calibrated regulatory intervention” in response to the 2008 crisis
Bitcoin's Overnight Crash Doesn't Stop Experts From Remaining Macro Bullish
2.6.2019
On the eve of May 31, Bitcoin briefly dropped to $8,000 in an 11% drop: Are experts still macro bullish on its price trend? Analysts breakdown potential scenarios in which bitcoin recovers to a new 2019 high or drops below key supports