A 50-year old ex-fund manager Vlas Matveev, has recorded a loss of $250,000 to a US-based hedge fund company Cryptolab Capital after a news that the company is liquidating. The Cryptolab Capital, a mixed-strategy investment firm, was said to have attracted investors with the promise of outstanding returns on their Read more…
Prominent cryptocurrency trader AngeloBTC, who at one point topped BitMEX’s leaderboard, predicts that the Bitcoin price is going to $16,000 by October. In his tweet, he recalls the ‘charts never lie’ line from the viral Asuka meme that even got picked up by world-famous whistleblower Edward Snowden. "$16k by October. The charts Read more…
A few years ago, if you had heard that the U.S. government might mint its own digital currency, you might have dismissed the idea as starry-eyed futurism — or, less charitably, a joke. Digital currencies, such as Bitcoin, were the purview of speculators and coders, not stodgy central bankers. But Read more…
Blockchain has come a long way from being just the underlying technology behind Bitcoin and other cryptocurrencies to a whole global technological distributed ledger. When Bitcoin first appeared on the financial scene, it was tagged by many as something used by criminals and therefore its backbone then, the blockchain network was also Read more…
Bitcoin (BTC) is failing to retake $10,000 due to a fresh wave of miner selling, fresh data suggests ten days after the halving. Compiled by monitoring resource CryptoQuant, the figures show that over the past five days, combined outflows from BTC mining pools spiked 600% — from 1,066 BTC to 7,426 Read more…
In a surprising turn of events befitting for the incredibly interesting crypto-world, the Ethereum based Wrapped Bitcoin (WBTC) protocol recently overtook Bitcoin Lightning Network (LN) by a wide margin. According to DeFi pulse – the data aggregator and analytics platform for Decentralized Finance (DeFi), the Lightning Network has total value locked figure Read more…
If you haven’t been living under a rock, you know that today, 50 Bitcoin from an address created one month after the cryptocurrency’s birth in January 2009 was just moved. Fifty coins is not a large amount of money if you consider the expanse of the entire crypto market. It’s around Read more…
The price of Bitcoin (BTC) tested $10,000 a total of five times in the past 11 days. The price action can be considered as a bullish or a bearish trend based on varying perspectives. The quintuple test of a key psychological level at $10,000 can be analyzed in two ways: The $10,000 Read more…
Twitter saw the return of Vitalik Buterin vs. Justin Sun on May 19. The respective founders of Ethereum and TRON exchanged barbs over the matter of an imminent Steem hard fork, which will seize the funds of some of its users. If Steem Hardfork 0.23 goes ahead on May 20, Read more…
The Bitcoin halving event is finally past us, with f2pool having the opportunity to unveil the message that shed light on the similarities of the 2008 financial crisis to the current financial climate. However, with the conclusion of mining and the way global economic events are turning out, the control of Chinese mining pools Read more…