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Cloud Token and the Rise of MLM Crypto Projects


Chinese law enforcement recently busted 72 individuals connected to the Cloud Token (CTO) scam. The Ponzi was similar to the Plustoken fraud and CTO scammers made off with $500 million. According to regional press, the CTO scam artists are likely connected to the Plustoken swindlers. Moreover...

Ripple Price Analysis – December 27, 2019: Time to rise and shine!


XRP may finally get back from its long slumber of a downtrend, as it touched the weekly critical support from where we saw its meteoric rise in the previous bull market. XRP Price Analysis: Weekly prices couldn’t do S/R (Support/Resistance) flip of the key level at $0.30 around Oct 2019 as denoted...

Goldman Sachs Predicts 31% Rise in Alibaba’s Hong Kong Stock


After having missed out on underwriting the Alibaba Group Holding’s Hong Kong share sale, Goldman Sachs has now predicted that Alibaba shares could go up by as much as 31% in next year. Analysts at Goldman Sachs have started coverage of the Alibaba stock and also gave it a buy rating. Alibaba...

Is Plustoken to Blame for Bitcoin’s Sell-Off?


Armchair theorists love postulating the reasons behind bitcoin’s latest price rise or sell-off. From China FUD to exchange hacks, anything and everything is fair game for blame. Plustoken is the latest bitcoin bear-maker that’s being credited with the last three months of downward price...

Crisis Fears Rise as Global Debt Hits a Record $250 Trillion


The world’s total liabilities continue to grow rapidly as a new report reveals global debt is now over a record $250 trillion. For many investors and market watchers this raises the specter of another potential major economic crisis triggered by a collapse of the global financial system....

Will Bitcoin Cash (BCH) Rise Like a Phoenix?


Bitcoin Cash is one of the Blue chips of Altcoins and currently ranked no. 4 as per the Coingecko and has a Market Cap of 4.9 Billion Dollars, just below Bitcoin, Ethereum and Ripple. BCH was created by forking Bitcoin in 2017, and it was further forked in 2018; new chain was named Bitcoin...

Tron Prices Rise as CEO Justin Sun Admits He Invested in Poloniex


Justin Sun. Source: Twitter, @justinsuntron Tron (TRX) prices are up on the news that the company’s CEO Justin Sun is indeed an investor in the Poloniex exchange, which started accepting limit orders for TRX/BTC, TRX/USDT and TRX/USDC yesterday. Hour-by-hour Tron rates were still in the green...

Crypto Jobs on the Rise, Thousands Listed


The number of job vacancies in the crypto industry is growing but fewer people are searching for them, according to a major U.S. job listing website. Thousands of jobs relating to Bitcoin, cryptocurrency, and blockchain technology are currently available as new employers seek to enter the space...

When Bitcoin Overtakes Gold – How High Can It Go?


Flashy bitcoin price speculation is a favorite game of crypto Twitter news outlets and commentators all over. After all, who doesn’t want to hear that their modest stash of satoshis could someday moon and be worth millions? Sensation aside, there remains a well-grounded case for continued...

Payments is the Main Battleground for Banks Amid Bitcoin Rise


A new report by the central bank of central banks once again showed that cryptocurrencies are moving in the right direction, as people are increasingly looking for faster and more convenient payments options. However, decentralized cryptocurrencies, which are still working to solve their...

Rwanda’s Plan Momentum Rise to Become Financial Hub in Africa


Over the past few years, the African country of Rwanda has made a conscious effort to become one of the key financial hubs in the region, and it seems that its plans are finally taking shape. It has emerged that the Rwandan Government’s highly ambitious projects, Kigali International Financial...

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