Month: May 2022

Bitcoin falls below $27K to December 2020 lows as Tether stablecoin peg slips under 99 cents

boss

Bitcoin (BTC) fell out of its long-term trading range on May 12 as ongoing sell pressure reduced markets to 2020 levels. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Tether wobbles as UST stays under $0.60 Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it exited the range in which it had traded since the start of 2021. At the time of writing, the pair circled $26,700 on Bitstamp, marking its lowest since Dec 28, 2020. The weakness came as fallout from the Terra stablecoin meltdown continued to ricochet around…

This Indicator Predicted EVERY Bitcoin Move 100% ACCURATE!!! – Bitcoin Is BULLISH!? – BTC Analysis

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Sign Up To Bybit Here: Enjoy up to $3,000 bonus on your first deposit! 📺Bybit tutorial: (I make a commission from the links above.) Keep in mind trading is extremely high risk and can lose to significant loses. Do your own research before you decide to trade. ❗ Join the free telegram channel for daily Bitcoin price updates and exclusive analysis: Follow me on Twitter! 0:00 Intro 0:07 Why stocks + Bitcoin are bullish 5:28 Bitcoin prediction DISCLAIMER: Non of the content…

Terrible crypto trader gets 42 months for fraud, claiming he was a total gun

boss

A crypto trader who defrauded over 170 people was sentenced to 42 months in prison on May 11 for operating a series of cryptocurrency funds claiming to make big returns but in reality were losing money and instead operated as a Ponzi scheme. The DOJ said that 25 year old  Jeremy Spence had solicited millions through false representations, “including that Spence’s crypto trading had been extremely profitable when, in fact, Spence’s trading had been consistently unprofitable.” Spence, who operated the social media channels for a crypto investment scheme called “Coin…

Masterminds Behind South African Bitcoin Ponzi Scheme Told to Pay Back Over $291 Million – Regulation Bitcoin News

boss

Masterminds of one of South Africa’s biggest bitcoin Ponzi schemes, Mirror Trading International (MTI), have been asked by the scheme’s liquidators to pay back over $291 million to cover the scam operation’s debts. Liquidators’ Influence Liquidators of the South African bitcoin Ponzi scheme, Mirror Trading International (MTI), have issued summonses against eighteen individuals believed to be the masterminds behind the now-defunct scheme. The liquidators want the named individuals to pay back more than $291 million (4,666,077,528 rand) to cover the scheme’s debts, a report has said. The move to summon…

Citadel Securities, BlackRock, Gemini Slam Social Media Accusations of Involvement With UST Collapse

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…

Bitcoin Investment for beginners

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io This is an ULTIMATE guide for beginners on how to get started in bitcoin investment and Cryptocurrency. Bitcoin has been one of the most discussed investment over the couple of years now, it has indeed made a lot of people rich. This video is to help the uneducated people to know how to invest in bitcoin, that’s the whole point of the video. Giving beginners guide to invest in bitcoin, so they can be actually be educated before choosing to make investment.…

Doge gets more love on Twitter and Ethereum gets more hate: Data analysis

boss

Ethereum has taken out the top spot on Twitter as the most hated of five cryptocurrencies studied, while the meme-token Dogecoin is the most liked. The findings emerged from a new report by TRG Datacenters that analyzed a year’s worth of tweets between Jan. 2021 to Jan. 2022, concerning five of the most popular cryptocurrencies to figure out which digital assets were the most emotionally stirring on Twitter. According to the analysis — which looked at Bitcoin (BTC), Cardano (ADA), Dogecoin (DOGE), Ethereum (ETH) and Litecoin (LTC) — Ethereum was…

Aussie crypto ETFs see $1.3M volume so far on difficult launch day

boss

With crypto markets tanking, three crypto-focused exchange-traded funds (ETFs) picked a difficult day to commence trading on local exchange Cboe Australia today. The trio’s launch marks the first crypto ETFs to go live in Australia, with two of them focused on offering exposure to Bitcoin (BTC) and the other focused on Ethereum (ETH). So far the three ETFs have generated more than $1.3 million between them, and it has been estimated that they could see around $1 billion worth of inflows moving forward. The Cosmos Purpose Bitcoin Access ETF (CBTC)…

Cathie Wood’s Ark Invest Grabs More Than Half a Million Coinbase Shares as Exchange’s Stock Plummets

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…