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US Prosecutors Unseal Indictment of $20 Million Dollar Cryptocurrency Ponzi Scheme

US Prosecutors Unseal Indictment of $20 Million Dollar Cryptocurrency Ponzi Scheme

US prosecutors have recently indicted a group of investment scammers who have orchestrated a cryptocurrency mining fraud following a Ponzi scheme protocol.

Fidelity Report: Reflexivity and Investor Sentiment are Main Factors Influencing Bitcoin Price

Fidelity Report: Reflexivity and Investor Sentiment are Main Factors Influencing Bitcoin Price

Fidelity Digital Assets just released a report on Bitcoin's role as an alternative investment indicating almost no correlation with traditional markets. So what drives BTC's price?

Japanese Based Cryptocurrency Exchange BitFlyer Reports $6.9Million Loss in 2019

Japanese Based Cryptocurrency Exchange BitFlyer Reports $6.9Million Loss in 2019

bitFlyer, a Tokyo based cryptocurrency exchange reported a loss of $6.9 million after suffering a loss in customers amidst regulatory issues with the financial services agency of Japan. The company is doing all it can to stand strong and successfully survive this downtime.

Bitcoin Whales Return To Exchanges Stifling BTC Relief Price Rally Above $19,500

Bitcoin Whales Return To Exchanges Stifling BTC Relief Price Rally Above $19,500

The Bitcoin price surged out above $19,500 earlier today, recorded as high as $19,570 on major exchanges before dropping to $19,050 due to selling pressure from BTC whales.

As it Happened: Binance Denies Ripping Off $1 million From a User's Account

As it Happened: Binance Denies Ripping Off $1 million From a User's Account

Binance, one of the largest crypto exchanges based on trade volume, has hit back at embezzlement claims made in November 2018 after it froze a user’s account with crypto assets worth $1 million. It claims that its actions were based on a tip-off by the South Korean police to return the funds to a scam victim.

Cardano’s Shelley Hard Fork Has Crossed the Threshold of No Return, Plans for Goguen in October

Cardano’s Shelley Hard Fork Has Crossed the Threshold of No Return, Plans for Goguen in October

Cardano’s Shelley hard fork has crossed the threshold of no return, where the system will automatically upgrade at the end of the current epoch, on July 29. IOHK CEO Charles Hoskinson announced in a live stream on YouTube: “The hard fork is a go, and we’re marching towards it. The Shelley era will begin on Wednesday.”

Apr 15: The Future Influencing The Present

Apr 15: The Future Influencing The Present

Trading Crypto with Eugene is a series of daily commentary on the crypto market and trading advice from Eugene Ng of Matrixport, a veteran trader with 10 years of experience in top-tier global investment banks. Hope you find it helpful.

Bitcoin's Value to Increase Fivefold by 2023, Institutional Investors Swap Gold for BTC

Bitcoin's Value to Increase Fivefold by 2023, Institutional Investors Swap Gold for BTC

Bitcoin’s price in 2020 has beaten stocks, gold, and many other assets in year-to-date return on investment (ROI). Even billionaire hedge fund manager Paul Tudor Jones has stated that he has just over 1 percent of his assets in Bitcoin.

IRS Cracking Down on Cryptocurrency Tax Evasion, Seeks Private Crypto Tax Contractors

IRS Cracking Down on Cryptocurrency Tax Evasion, Seeks Private Crypto Tax Contractors

The Internal Revenue Service (IRS) has requested help from independent consultants to crack down on non-compliance in cryptocurrency tax.

OKEx Partners with Shrimpy to Foster Crypto Portfolio Automation

OKEx Partners with Shrimpy to Foster Crypto Portfolio Automation

OKEx cryptocurrency exchange and Shrimpy, a crypto exchange trading bot for portfolio management and market indexing, agree on a strategic partnership to foster crypto portfolio automation tools among crypto traders.

IEOs are Overhyped? Research Shows That Most IEO Projects are not Profitable

IEOs are Overhyped? Research Shows That Most IEO Projects are not Profitable

Replacing ICO’s is the IEO business model, although a report by Blockshow Capital suggests that it may not be the most profitable investment. In retrospect, Binance has proven to be the best platform to yield profitable returns.

Japanese Financial Giant SBI Group to Borrow from Bitcoin Holders at Annual Rate of 1%

Japanese Financial Giant SBI Group to Borrow from Bitcoin Holders at Annual Rate of 1%

SBI Group has rolled out a cryptocurrency rental service dubbed “VC TRADE LENDING” aimed at borrowing Bitcoin from customers in return for 1% annual interest.

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