Month: January 2019

Bitcoin Revolution Scam | Malta Warns of “Get-Rich-Quick” Scam

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An alleged global scamming scheme called ‘Bitcoin Revolution’ is doing the rounds and traders are being warned not to fall for it. The Malta Financial Services Authority (MFSA) issued a warning against it today via an official document. Bitcoin Revolution The alleged crypto scam likens to a typical get-rich-quick scheme and operates through several websites, though only one has been officially named: the-bitcoinrevolution.org. The scheme has been advertised on social media platforms and has used the images of prominent local personalities claiming they have become rich from the crypto investments. Unregistered According…

Bitcoin, Ripple, Ethereum, Bitcoin Cash, EOS, Stellar, Litecoin, Tron, Bitcoin SV, Cardano: Price Analysis, Jan. 25

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The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. The highly-anticipated Bitcoin ETF proposal by VanEck and SolidX partners to list on CBOE’s BZX exchange was withdrawn on Jan. 23 due to the ongoing government shutdown. VanEck’s founder and CEO, Jan Van Eck, told CNBC that they can allay many of SEC’s concerns…

Blockchain-Driven Real Estate Platform Closes Seed Funding Round Backed by Morgan Creek

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Blockchain-based real estate platform RealBlocks has successfully closed a seed funding round backed by digital assets manager Morgan Creek Digital, a press release reveals Friday, Jan. 25. Per the announcement, a $3.1 million round was led by United States-based commerce company Science Inc. with participation from Morgan Creek Digital, Zelkova Ventures, Ulu Ventures, and Cross Culture Ventures. The specific amounts of investment were not disclosed. RealBlocks has designed a decentralized platform that tokenizes shares of private equity funds. It also allows real estate investors to sell shares at both domestic…

New Startup From Ethereum Co-Founder Gavin Wood Plans $60 Million ICO: WSJ

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Crypto startup Polkadot (DOT), created by Ethereum (ETH) co-founder Gavin Wood, is planning an initial coin offering (ICO) aiming to raise up to $60 million, the Wall Street Journal (WSJ) reported Jan. 24. Citing sources familiar with the matter, the WSJ reports that, if successful, Polkadot’s token sale would bring the fully-diluted market value — or the value all tokens in circulation, plus as those not issued — of its tokens to $1.2 billion. Developed by Swiss Web3 Foundation and Parity Technologies, Polkadot reportedly aims to solve issues with blockchain…

Blockchain Startup Stox and Founder Sued for $4.6 Million Over Alleged Fraud

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A Chinese investor has sued a prominent Israeli crypto entrepreneur and his blockchain firm Stox (STX) over alleged fraud, English-language newspaper The Times of Israel reports Jan. 25. The investor, Zhewen Hu, is suing Stox and its founder for $4.6 million, according to the report. Hu allegedly invested a total of around $3.8 million worth of Ethereum (ETH) in the blockchain firm — an open source, Ethereum-based prediction market platform dubbed Stox, founded by Moshe Hogeg. Hogeg is well-known for his multiple cryptocurrency-related ventures — which include founding blockchain smartphone…

Bitcoin Price Analysis: Crypto, The New Amazon– Charles Hoskinson

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Bitcoin price stagnant in a $300 range Charles Hoskinson says crypto will retest 2017 peaks in 11 years Transactional volumes low, average 12k thus consolidation According to Hoskinson, the crypto market is far from mature. In that case, he expects assets like Bitcoin to retest 2017 highs in the next 11 years. Even so, there are movements, and the failure of bears to drive prices below $3,500 is an endorsement for bulls. Bitcoin Price Analysis Fundamentals Charles Hoskinson is the founder of Cardano and the co-founder of Ethereum Classic. However,…

Malta’s Financial Watchdog Warns Global Investors Against ‘Bitcoin Revolution’ Scam

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The Malta Financial Services Authority (MFSA) has issued a warning against an alleged global scam scheme known as “Bitcoin Revolution,” according to an official document published today, Jan. 25. According to the Maltese regulator, the alleged crypto scam represents a typical get-rich-quick scheme, and operates through the website the-bitcoinrevolution.org and several other unnamed websites. The fraudulent entity also reportedly promotes its scheme by using advertising on unspecified social media platforms that redirects users to pages containing a number of prominent local personalities that claim to make large profits from crypto…

Bitcoin Hovers Under $3,600 as Top Cryptos Remain Mostly Stable

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Friday, Jan. 25 — the top 20 cryptocurrencies are reporting discreet price action in mixed directions on the day to press time. Bitcoin (BTC) is hovering under $3,600 again, according to Coin360 data. Market visualization from Coin360 At press time, Bitcoin is seeing virtually no change on the day, trading at around $3,590, according to CoinMarketCap. Looking at its weekly chart, the current price is about $100 lower than $3,668, the price at which Bitcoin started the week. Bitcoin’s intraweek high hit just over $3,700 on Jan. 19. Bitcoin 7-day price…

XRP Market Cap is $6.755 billion, Messari Claims

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Ripple prices consolidating inside Jan 22 high low Messari’s report place XRP market cap on the lens Transactional volumes low averaging 14 million An analytic firm is questioning XRP’s market cap. Arguing that its market cap is inflated, Messari is now calling for indices to revise their XRP circulating supply assumptions. Meanwhile, our last XRP trade plans are valid. All in all, for bulls to remain in charge, then we must see sharp gains above 34 cents. Ripple Price Analysis Fundamentals Messari is questioning XRP’s market cap and whether there…

CEO of Blockchain Media Company Po.et Leaves for Washington Post

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The CEO of blockchain-based media startup Po.et, Jarrod Dicker, is leaving the firm to return to the Washington Post, the major American news outlet reported Jan. 24. At the Washington Post now for the second time, Dicker will assume the role of vice president of commercial technology and development at the media giant. He previously worked for the company as vice president of innovation and commercial strategy, managing its research, experimentation and development team. As previously reported, the blockchain company where Dicker was CEO aims to establish a “decentralized protocol…