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Wirecard CEO Quits as Crypto Card Firm Reveals Missing $2.1 Billion Does Not Exist
22.6.2020
Wirecard chief executive officer quit as the crypto card payments firm revealed that the €1.9 billion ($2.1 billion) missing from its accounts may not exist. CEO Markus Braun resigned on June 19, after nearly 20 years at the helm. James Freis has been appointed interim chief executive,...
Bitcoin Whale Transfers $2.2 Billion Worth of BTC for Just $7
19.6.2020
Whale alert reports that a so-called whale has transferred the equivalent of $2.24 billion in bitcoin for less than $7. In a series of tweets on Friday, the crypto tracking tool said the bitcoin (BTC) whale sent a total of 241,500 BTC in seven successive transactions within one hour. Each...
$930M in Bitcoin Options Expire Next Friday — Time to Worry?
16.6.2020
Open interest on Bitcoin options contracts expiring next Friday amounts to $930 million, but what price action should be expected?
US Turmoil and Negative Interest Rates – Billionaire Michael Novogratz Says ‘Watch Gold and Bitcoin’
2.6.2020
For the first time since October 2019, Federal Reserve Chair Jerome Powell admitted to leveraging quantitative easing (QE) tactics. Powell explained on Friday, the central bank is now comfortable with leveraging QE on a regular basis. Furthermore, the Fed is planning on utilizing negative interest...
Bitcoin Volatility Expected as $328M in BTC Derivatives Expire Friday
28.5.2020
On May 29, CME BTC contracts expire, meaning Bitcoin price could experience volatility before and after the expiry
Germany Enters Recession as Over 100 Banks Charge Negative Interest Rates
18.5.2020
Germany has plunged into a recession with the worst quarterly contraction since the global financial and economic crisis of 2008, according to official data. Over 100 banks in the country are now charging customers negative interest rates. Germany Enters Recession The German economy is now in...
Crypto Derivatives Exchange FTX Launches Bitcoin Hashrate Futures
15.5.2020
On Friday, Cryptocurrency derivatives exchange FTX launched a hashrate futures tool that allows Bitcoin (BTC) miners to hedge against mining difficulty risk. Hashrate, the amount of processing power dedicated to a Bitcoin network at a given time, determines the strength and security of the network....
Meet Ideaology – All in One Blockchain Solution
6.5.2020
DUBAI, UAE, 8th May (Friday) Time: 10 AM New York, NY, USA (GMT-4) ‘MEET IDEAOLOGY’ webconference is looking for you The exclusive, pre-launch presentation for the top crypto people In an effort to make top-shelf blockchain partnerships before their Initial Coin Offering is launched, Ideaology...
Lebanese Currency Collapse: Failed Policies Led to Economic Meltdown
4.5.2020
Lebanon is facing an unprecedented economic crisis and the local currency has already lost about 60% of its value. The central bank’s policies have come under fire while citizens are protesting how the government handles the economic meltdown which led to people’s living situation...
The Crypto Industry’s ‘Bloody Friday’ Lawsuits: Do They Hold Weight?
7.4.2020
Eleven lawsuits are targeting seven crypto companies: A “Bloody Friday” for the industry or nothing serious?
ICO Crackdown: 11 Class-Action Lawsuits Filed Against Cryptocurrency Companies
5.4.2020
A number of class-action lawsuits have been filed against various digital asset firms and exchanges on Friday. The U.S.-based “litigation boutique,” Roche Cyrulnik Freedman, filed the lawsuit for three plaintiffs in the Southern District of New York. All three lawsuits claim that...
US Lawmaker Claims Stimulus Bill Bolsters Fed Secrecy, Pork Funds, and Wall Street Bailouts
28.3.2020
On Friday, U.S. bureaucrats passed the 2020 stimulus bill, which has become the largest cash injection package ever created by the federal government. However, following the bill making it through the Senate and House, Republican representative Thomas Massie told the public the stimulus bill...
Market Update: Bulls Return, 120 Million Tethers Minted, Bitcoin Halving Looms
20.3.2020
On March 20, cryptocurrencies jumped in value erasing some of the losses that took place over the course of the market carnage last week. The entire cryptoconomy gained a quick $39 billion during Thursday and Friday’s trading sessions and global trade volume has spiked significantly as well....
Bitcoin Jumps Back Above USD 6,000 as It Rallies 50% Since Bloody Friday
19.3.2020
Source: iStock/hocus-focus
After touching the USD 4,000 level less than a week ago, bitcoin (BTC) rallied around 50% and is now trading above USD 6,000 again.
At pixel time (18:39 UTC), bitcoin is trading at c. USD 6,249 and is up 22% in a day, erasing all its weekly losses. The price is now up...
Market Update: Cryptocurrency Market Cap Sheds $90B, Margin Calls Spike, Futures Slide
14.3.2020
Digital currency markets have been consolidating since Thursday’s massive price drop after more than $90 billion was erased from the cryptoconomy. Crypto markets saw some brief gains on Friday but prices have been meandering just above current support levels. At the moment, traders and crypto...
Friday 13 Strikes: Crypto Exchange Employee Makes USD 82,000 Fee Gaffe
13.3.2020
Friday 13 proved to be an unlucky day for a South Korean cryptocurrency exchange, and for one staff member in particular – with an employee error at Coinone leading to the platform apparently frittering away some USD 82,000 worth of ethereum (ETH) in fees on a transaction worth a fraction of...
Black Friday in Crypto!! XRP Critically Rests Above Year Low Price
13.3.2020
Traders of all the markets have turned sleepless, restless, and off course profitless over the last week amid the worldwide crash of all the sectors starting from oil to tech to…undoubtably cryptocurrencies!! While all the strong crypto supporters kept persisting on the idea which said that cryptos...
Airport Gold Seizure in Amsterdam Points to Bitcoin Utility for Private, Borderless Travel
7.3.2020
A 27-year-old Brazilian man was arrested at Schiphol Airport in Amsterdam Friday for failing to declare 15 kilograms of gold bars to customs, according to local reports. After failing to provide a convincing explanation as to how he acquired the gold, the traveler flying from Rio de Janeiro to Hong...
Bitcoin Verde’s New Project Aims to Promote Bitcoin Cash Node Diversity
3.2.2020
Software developer Joshua Green announced Friday via the read.cash blog that the Bitcoin Verde team is launching a project to increase mining diversity. Green believes all the Bitcoin Cash implementations should “strive to be viable mining alternatives” and he’s encouraging full...
Simple Ledger Protocol Shines During the Final Day of TNABC Miami
18.1.2020
On Friday, The North American Bitcoin Conference (TNABC) convened for its final day with a great deal of well known speakers from the blockchain and cryptocurrency industry. The slew of speakers discussed topics like the future of crypto mining, SLP tokens, digital currency enterprise solutions...