oints from the articles in a bullet list: Bitcoin price has declined from the $60,000 resistance zone, currently trading around $58,500 Short positions on Bitcoin have surged across multiple exchanges, with 24-hour short volumes up 118% to over $18.30 billion The US government moved $600 million worth of seized Bitcoin to a Coinbase wallet, sparking…
TLDR Australia’s financial regulator ASIC has taken down over 600 crypto scams in the last 12 months ASIC warns that AI and deepfakes are making it harder for consumers to identify fraudulent schemes An average of 20 investment scam websites are being taken down each day Investment scams remain the leading cause of financial losses…
Justin Sun, founder of the Tron blockchain ecosystem, clarified the reasons behind his drive to bring meme coins to the Tron network. According to Sun, the Tron blockchain has the upper hand compared to other chains, being home to $60 billion USDT. “No other blockchain protocol’s got a liquidity pool this massive,” Sun stressed, explaining…
TLDR Indian authorities arrested Shailesh Babulal Bhatt for allegedly kidnapping two BitConnect employees Bhatt allegedly extorted 2,091 Bitcoin, 11,000 Litecoin, and $1.7 million in cash The total value of the extorted assets is estimated at $125-148 million Bhatt was reportedly trying to recover losses from investing in BitConnect, a failed crypto platform BitConnect collapsed in…
TLDR A Colorado church group is tokenizing its $2.5 million chapel to raise funds for purchase The project is led by Pastor Blake Bush, who says he was inspired by God to use blockchain They created “Stone Coin” tokens on the Polymesh blockchain through REtokens The initial offering targets accredited investors, with plans to open…
Bitcoin’s adoption by Wall St. is dangerous. Free trade and free markets don’t exist. A lot like Santa and The Easter Bunny. They are all nice stories, but none of these things are real. Now the free market is embracing cryptos via ETFs. Don’t believe the hype! Wall St. isn’t adopting Bitcoin. The banking cartel…
The cryptocurrency market failed to capitalize on the somewhat positive movements during the past couple of days and retraced during the early morning European trading session on Monday. It appears that participants are awaiting multiple economic events in the US scheduled to take place during the weekend, including the minutes of the last Fed meeting.…
Bitcoin is nearing a monumental milestone, and it’s causing a stir in the crypto market. As the digital currency approaches a significant price point, attention turns to five alternative coins showing great promise. This article reveals which altcoins are primed for explosive growth, capturing the interest of both seasoned traders and curious investors. CYBRO Presale…
TL;DR Ripple was fined $125 million for violating certain securities laws, and while the company sees it as a victory, the SEC might appeal. SHIB’s valuation has dropped over 25%, with signs of declining investor interest and reduced whale activity. Despite a 12% price decrease, analysts suggest Bitcoin (BTC) may soon break out and reach…
Scams in the cryptocurrency industry are nothing new and the meme coin community, especially, has long been a target of wrongdoers. The Shiba Inu team has come up with another critical warning, trying to protect its users from exploiters who try to drain their wallets by prompting various actions. Important Warning for the Shiba Inu…