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South Korean Public Official ‘Used Bribes to Buy Crypto,’ Police Claim


Yet another South Korean government worker appears to have used ill-gotten gains to fund their crypto cravings: After reports that a public official fled abroad with $2.8 million worth of stolen public funds that has been converted to crypto, it has emerged that another former official may have...

Bitcoin Price Prediction as BTC Prepares For 30% Move Up


During the European session, Bitcoin is trading slightly bearish amid a bearish correction after completing a 61.8% Fibonacci retracement at the $21,000 level. After reaching its greatest levels in six weeks on October 28, the leading cryptocurrency lost roughly $800, or 2%.  At press time...

Bitcoin gains 6% in a week; Is it a dead cat bounce?


The price of Bitcoin, Ethereum, and Dogecoin have shot up in the last few days because of positive sentiment regarding Elon Musk buying the Twitter stake. Bitcoin has seen an outflow in the last few months, and many retail investors are also worried about the Proof of Work consensus, especially...

Google Hints Crypto Bear Market is Negatively Affecting Ad Revenue


Google saw advertiser pullback in financial services, including the cryptocurrency subcategory, according to the latest earnings call from Google’s parent company, Alphabet. Alphabet’s revenue from Google advertising dropped in the third quarter of this year, said Philipp Schindler, SVP and CBO...

Bitcoin Price Prediction as BTC Blasts Past $20,000 – Time to Buy?


During the European session, Bitcoin remains bullish, having gained over 5% in the last 24 hours to trade at $20,475 per coin. In the last 24 hours, the total value of all cryptocurrencies has increased by $66 billion, or +7%, to $994.06 billion. As a result, the rest of the cryptocurrency market...

Argentinian Customs Officials Seize 342 Crypto Mining Rigs


Customs officers in Argentina have seized a haul of 342 crypto mining rigs as the nation continues its recent crackdown on illegal miners. The state news agency Télam reported that swoop was conducted by the General Directorate of Customs (DGA) and the nation’s tax body, the Federal Administration...

5 Traders' Bitcoin Price Predictions as BTC Breaks Out Over $20,000


Bitcoin pumped to an intraday high of over $20,400 Tuesday, closing a four hour candle above $20k and two above the October monthly open ($19,411). Bitcoin is now up 3-4% this month, although most of that move took place in the last 24 hours - the Bitcoin price has largely been trading sideways...

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