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Bitcoin News
Bitcoin News

PlusToken: Biggest Cryptocurrency Scam or Bitcoin Bear Trap?

Since the second half of 2019, we witnessed a bear market in crypto markets attributing to the sell-off by PlusToken scammers. The beginning of the scam dates back to 2018. Now, it seems to have come to a very “convenient end.” History of the Scam The basic design PlusToken was a Ponzi scam offering high

Since the second half of 2019, we witnessed a bear market in crypto markets attributing to the sell-off by PlusToken scammers. The beginning of the scam dates back to 2018. Now, it seems to have come to a very “convenient end.” History of the Scam The basic design PlusToken was a Ponzi scam offering high

Altcoin News
Altcoin News

China Begins to FOMO into the DeFi Space with Customization: Analyst

The crypto market is witnessing a massive bull run initiated by the growth of the DeFi space. While the surge spilt positive liquidity in altcoins as well, the gains in non-DeFi tokens have been minuscule. Moreover, the rise is not going unnoticed within the Chinese crypto community as well as they are beginning to FOMO

The crypto market is witnessing a massive bull run initiated by the growth of the DeFi space. While the surge spilt positive liquidity in altcoins as well, the gains in non-DeFi tokens have been minuscule. Moreover, the rise is not going unnoticed within the Chinese crypto community as well as they are beginning to FOMO

us bank charter stablecoin disruptor
Stablecoin News
us bank charter stablecoin disruptor
Stablecoin News

Why Stablecoins Are Not True Cryptocurrencies: Analyst

The realm of cryptocurrency is expanding with DeFi, but stablecoins (and digital FIAT) are starting to threaten the principles and on-boarding of cryptocurrencies altogether.  Recently, USDC issuer CENTRE called on a blacklist function to restrict the account of activities of the associated Ethereum address. This goes against the principles of censorship resistance and cryptocurrencies altogether.

The realm of cryptocurrency is expanding with DeFi, but stablecoins (and digital FIAT) are starting to threaten the principles and on-boarding of cryptocurrencies altogether.  Recently, USDC issuer CENTRE called on a blacklist function to restrict the account of activities of the associated Ethereum address. This goes against the principles of censorship resistance and cryptocurrencies altogether.

Ethereum ETH Istanbul
Altcoin News
Ethereum ETH Istanbul
Altcoin News

Mining Pools Decide on Distribution of 23,000 ETH in Fees from Abnormal Transactions

After a week of failed deliberation on the $5.5 million (23,646 ETH) earned as fees for three transactions, the mining pools have made their decision on the distribution. After the reports of the first transaction came out, two similar transactions were made on the following days again. Two pools, SparkPool and Ethermine, have decided to

After a week of failed deliberation on the $5.5 million (23,646 ETH) earned as fees for three transactions, the mining pools have made their decision on the distribution. After the reports of the first transaction came out, two similar transactions were made on the following days again. Two pools, SparkPool and Ethermine, have decided to

Ethereum
Altcoin News
Ethereum
Altcoin News

Is Ethereum Undervalued? Analyst Warns Against Misleading On-Chain Metrics

Ethereum [ETH] adoption via stablecoin and DeFi has been driving the bullish sentiments. Moreover, the on-chain is also in an uptrend which further strengthens its fundamental value. However, analyst and founding partner at Primitive Crypto, Dovey Wan, points out that in reality the demand could be inflated.  Ironically enough, a lot of the inflated on-chain

Ethereum [ETH] adoption via stablecoin and DeFi has been driving the bullish sentiments. Moreover, the on-chain is also in an uptrend which further strengthens its fundamental value. However, analyst and founding partner at Primitive Crypto, Dovey Wan, points out that in reality the demand could be inflated.  Ironically enough, a lot of the inflated on-chain

bitcoin-exchange-miners
Bitcoin News
bitcoin-exchange-miners
Bitcoin News

Bitcoin Miner Capitulation of the New Gen. Will Begin at This Price: Analyst

The total Bitcoin [BTC] hash-rate has fallen below COVID-19 crash levels, and this time around exit seems to be permanent for the older generation of miners. Nevertheless, there is a silver lining with the rainy season arriving in China. The levels around 85-90 million TH/s marked the bottom in hash-rates during the bear market of

The total Bitcoin [BTC] hash-rate has fallen below COVID-19 crash levels, and this time around exit seems to be permanent for the older generation of miners. Nevertheless, there is a silver lining with the rainy season arriving in China. The levels around 85-90 million TH/s marked the bottom in hash-rates during the bear market of

getty images
Bitcoin News
getty images
Bitcoin News

Bitcoin Supply Returns to Nov 2019 Levels after Massive Diff. Adjustment – Will $6400 Hold?

Bitcoin [BTC] undergoes the second largest difficulty adjustment in it’s history. The total hash-rate of Bitcoin mining also slips below ($75,000,000 Th/s); the lows attained during the bear capitulation in late 2019. Hence, returning to similar supply schedules when the low in Bitcoin’s price around $6400. In terms of trading sentiments, however, a lot has changed

Bitcoin [BTC] undergoes the second largest difficulty adjustment in it’s history. The total hash-rate of Bitcoin mining also slips below ($75,000,000 Th/s); the lows attained during the bear capitulation in late 2019. Hence, returning to similar supply schedules when the low in Bitcoin’s price around $6400. In terms of trading sentiments, however, a lot has changed

blockchain and bitcoin conference
Blockchain News
blockchain and bitcoin conference
Blockchain News

#StayAtHome: Ethereum Conference Attendees Report CoronaVirus Positive

Since November last year, the world has been fighting a global epidemic in Corona Virus, alias, COVID-19, since first being diagnosed in Wuhan, China. Over the past three months, the virus has spread far and wide halting operations in Europe, the Americas and parts of Africa as assets’ markets suffer in equal measure. The cryptocurrency

Since November last year, the world has been fighting a global epidemic in Corona Virus, alias, COVID-19, since first being diagnosed in Wuhan, China. Over the past three months, the virus has spread far and wide halting operations in Europe, the Americas and parts of Africa as assets’ markets suffer in equal measure. The cryptocurrency

coronavirus vaccine gold bitcoin
Bitcoin News
coronavirus vaccine gold bitcoin
Bitcoin News

Coronavirus Takes-Down Europe, ‘US is 10 Days Behind Italy Now’: Crypto Analyst

The world seems to be its’ losing it’s order as the deadly Coronavirus continues it’s exponential spread. The number of cases in China seems have reduced drastically with only 13 new cases reported yesterday. Moreover, South Korea seems to have done a remarkable job by adopting wide-scale testing across the country. However, the total number

The world seems to be its’ losing it’s order as the deadly Coronavirus continues it’s exponential spread. The number of cases in China seems have reduced drastically with only 13 new cases reported yesterday. Moreover, South Korea seems to have done a remarkable job by adopting wide-scale testing across the country. However, the total number

us bank charter stablecoin disruptor
Bitcoin News
us bank charter stablecoin disruptor
Bitcoin News

‘This is not a Drill’, Says Bitcoin Perma Bull Pompliano on Fed’s Emergency Push

Bitcoin [BTC] price currently stands at the risk of a deflationary crisis. The US Feds announces extreme QE measures in the face of violent spread of Coronavirus. The benchmark rates have been reduced 0%, moreover, it also adds $700 of QE funds to the system as well. This is in addition to the $1.5 trillion

Bitcoin [BTC] price currently stands at the risk of a deflationary crisis. The US Feds announces extreme QE measures in the face of violent spread of Coronavirus. The benchmark rates have been reduced 0%, moreover, it also adds $700 of QE funds to the system as well. This is in addition to the $1.5 trillion

Bitcoin News
Bitcoin News

Bitcoins [BTC] and BCash [BCH] Worth $45 Million Stolen from Chinese Investor

A Chinese investor has fallen victim to SIM hacking, enabling the hacker to steal cryptocurrencies worth more than $45 million. According to Dovey Wan, a crypto analyst, probing into the incident tweeted, BREAKING 100k* $BCH sim hack!! worth $30M from 1 single Chinese whale (he claimed lost $15M $BTC too) He’s now asking for help from

A Chinese investor has fallen victim to SIM hacking, enabling the hacker to steal cryptocurrencies worth more than $45 million. According to Dovey Wan, a crypto analyst, probing into the incident tweeted, BREAKING 100k* $BCH sim hack!! worth $30M from 1 single Chinese whale (he claimed lost $15M $BTC too) He’s now asking for help from

bitcoin scammer fcoin
Bitcoin News
bitcoin scammer fcoin
Bitcoin News

Crypto Analyst Calls Fcoin Founder a “Shameless Scammer” as Users Lose Bitcoins

The revelation of a novel situation at the Chinese Exchange, Fcoin, seems like a blatant attempt to scam its’ users. The series of events, transfer of funds, and withdrawal “promises” are all screaming foul play. Most importantly, the exchange claims that the withdrawals have been stopped. However it continues to move Bitcoins from its cold

The revelation of a novel situation at the Chinese Exchange, Fcoin, seems like a blatant attempt to scam its’ users. The series of events, transfer of funds, and withdrawal “promises” are all screaming foul play. Most importantly, the exchange claims that the withdrawals have been stopped. However it continues to move Bitcoins from its cold

follow coronavirus and sp500
Bitcoin News
follow coronavirus and sp500
Bitcoin News

Bitcoin, Gold and Global Stocks Slumps as China Opens for Monday

The Chinese stock markets are reeling under tremendous pressure as Coronavirus deaths doubles over the weekend. Currently, it seem like the virus is contained in China only as the statistics reveal affected patients only in China. It has infected more than 14,000 people and claimed 305 lives – all but one inside China. A pandemic scare

The Chinese stock markets are reeling under tremendous pressure as Coronavirus deaths doubles over the weekend. Currently, it seem like the virus is contained in China only as the statistics reveal affected patients only in China. It has infected more than 14,000 people and claimed 305 lives – all but one inside China. A pandemic scare

china ban crypto
Regulation News
china ban crypto
Regulation News

Chinese Crypto Analysts Reveal Truth Behind Law and Warning Imposition in the Country

The financial and housing regulatory authorities in Beijing issues a warning letter for its citizen engaging in cryptocurrency businesses. However, prominent crypto analyst and CEO of Sino Global Capital, Matthew Graham says that the letter is more of a ridicule in the country itself. The warning extends to service provides, investors and other interested entities

The financial and housing regulatory authorities in Beijing issues a warning letter for its citizen engaging in cryptocurrency businesses. However, prominent crypto analyst and CEO of Sino Global Capital, Matthew Graham says that the letter is more of a ridicule in the country itself. The warning extends to service provides, investors and other interested entities

Bitcoin SV [BSV] Brakes New Volume With Over 7 Percent Gain While Other Altcoins Still Struggle
Altcoin News
Bitcoin SV [BSV] Brakes New Volume With Over 7 Percent Gain While Other Altcoins Still Struggle
Altcoin News

This Bitcoin Hard Fork has a Strong Cult Following in China – Analyst

Dovey Wan, a prominent crypto analyst from China, cites that Bitcoin SV [BSV] protocol has a strong following in China and even Japan. The possible reason for the big fan following could be with the bunch of people who believe in Craig Wright being Satoshi Nakamoto. While the fact has been contested in court, where

Dovey Wan, a prominent crypto analyst from China, cites that Bitcoin SV [BSV] protocol has a strong following in China and even Japan. The possible reason for the big fan following could be with the bunch of people who believe in Craig Wright being Satoshi Nakamoto. While the fact has been contested in court, where

Bitcoin
Bitcoin News
Bitcoin
Bitcoin News

Bitcoin [BTC] Price Probe: Analyst Explains the Drop, as Exchange CEO Blames Media

Recently, China initiated a cryptocurrency exchange crackdown in Shenzhen. Crypto media outlet, The Block, reported that Binance offices in China were raided as well. However, Binance officials denied the existence of an office in China altogether. It looks like; this is the beginning of the search for truth. As reported earlier on CoinGape, the news

Recently, China initiated a cryptocurrency exchange crackdown in Shenzhen. Crypto media outlet, The Block, reported that Binance offices in China were raided as well. However, Binance officials denied the existence of an office in China altogether. It looks like; this is the beginning of the search for truth. As reported earlier on CoinGape, the news

bitcoin on-chain analysis
Bitcoin News
bitcoin on-chain analysis
Bitcoin News

Bitcoin [BTC] Price Retraces China Pump Back to $7500 – Is the Bottom in?

Bitcoin [BTC] price touched a low at $7394 last day as it dropped 4.9% on a daily scale. The charts made a full retrace of 28% (from $10,370) pump following the Chinese news. Xi Jinping’s announcement of progressive growth for blockchain in China created a lot of frenzy in the markets. According to Datamish, over

Bitcoin [BTC] price touched a low at $7394 last day as it dropped 4.9% on a daily scale. The charts made a full retrace of 28% (from $10,370) pump following the Chinese news. Xi Jinping’s announcement of progressive growth for blockchain in China created a lot of frenzy in the markets. According to Datamish, over

Bitcoin News
Bitcoin News

China has no intention of Embracing Any Public Blockchain: report

China’s state channel, CCTV released an investigative report on the state of Bitcoin (BTC) and crypto in the country on Nov. 18. According to translated tweets from Dovey Wan, Founding partner at Primitive Capital, the report warned citizens against investing in these “unregulated securities” terming them a “financial fraud and an illegal Ponzi scheme”. The

China’s state channel, CCTV released an investigative report on the state of Bitcoin (BTC) and crypto in the country on Nov. 18. According to translated tweets from Dovey Wan, Founding partner at Primitive Capital, the report warned citizens against investing in these “unregulated securities” terming them a “financial fraud and an illegal Ponzi scheme”. The

Regulation News
Regulation News

Five Nation Group Mulling over Cryptocurrency Plans to Tackle USD Dominance

Brazil, Russia, India, China, and South Africa or popularly known as BRICS, are backing the idea of a common payment system. The 11th BRICS summit is currently underway in Brazil. The set up would enable seamless trade between the countries and also tackle the dominance of the US dollar in the international markets. Reportedly, the

Brazil, Russia, India, China, and South Africa or popularly known as BRICS, are backing the idea of a common payment system. The 11th BRICS summit is currently underway in Brazil. The set up would enable seamless trade between the countries and also tackle the dominance of the US dollar in the international markets. Reportedly, the

bitcoin miners could get rekt
Bitcoin News
bitcoin miners could get rekt
Bitcoin News

Bitcoin Mining Difficulty Indicates that Miners Could get “rekt badly” – Analyst

Bitcoin Mining Difficulty dropped by 7% – the highest drop after a continual rise in 2019. New age miners and the halving due in May next year are making things difficult for existing miners. Crypto-analyst, Dovey Wan tweets about the possibility of miners getting “rekt price does not double.” Bitcoin has had a dominant bull

Bitcoin Mining Difficulty dropped by 7% – the highest drop after a continual rise in 2019. New age miners and the halving due in May next year are making things difficult for existing miners. Crypto-analyst, Dovey Wan tweets about the possibility of miners getting “rekt price does not double.” Bitcoin has had a dominant bull