Japan Lays Outs Penalties on Crypto Exchanges for Non-Compliance With Russia Sanctions: Report

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Expect Shake Outs, Traps, & More Before Next Leg

Bitcoin is trading right around its former all-time high, and although a new record has been set, the crypto market has yet to see the fireworks that they had been expecting once here. Instead, a pseudonymous technical analyst says that what the market should be anticipating instead of a direct moonshot, is “consolidation” consisting of shake-outs, deviations, and traps of all kinds before the next leg up finally arrives. Analyst Explains What To Anticipate For Bitcoin Price Action Below ATH Momentum is back in the crypto market, driven by a…

Expect Shake Outs, Traps, & More Before Next Leg

Bitcoin is trading right around its former all-time high, and although a new record has been set, the crypto market has yet to see the fireworks that they had been expecting once here. Instead, a pseudonymous technical analyst says that what the market should be anticipating instead of a direct moonshot, is “consolidation” consisting of shake-outs, deviations, and traps of all kinds before the next leg up finally arrives. Analyst Explains What To Anticipate For Bitcoin Price Action Below ATH Momentum is back in the crypto market, driven by a…

Ethereum’s Yearn.finance (YFI) Drops 10% as $7,000 Relief Rally Peters Outs

After bouncing just under 60% from its local lows of $12,000 to a local high of $19,000, Yearn.finance (YFI) is returning lower. The leading Ethereum-based coin has dropped by approximately 10% in the past 24 hours, as it currently trades for $16,000 as of this article’s writing. This is still 33% above the local lows. The ongoing move lower in the price of YFI comes in spite of strength in the rest of the DeFi market, coupled with strength in the price of Bitcoin and Ethereum. Yearn.finance’s ongoing decline also…

Leaked Data Outs Bitcoin Investment Company as Scam: Founders Deny the Allegations

A South African group calling itself “Anonymous ZA” has published fresh information that seemingly supports long-standing allegations that Mirror Trading International (MTI), an ostensible bitcoin investment company, is running a multi-level marketing scam. The new information, which was reportedly obtained after a breach of MTI internal systems, shows that the investment company is “entirely structured around a tree/pyramid scheme.” According to a report, the leaked data suggests that MTI has a practice of distinguishing between “normal members and founder members.” Assessing the data, Anonymous ZA says it would appear that…

Whistleblower Outs ‘Wolf of Kyiv’ for $70 Million Bitcoin Scam

A whistleblower has revealed the existence of a 200-employee Ukrainian Bitcoin (BTC) trading scam that netted $70 million in 2019.  The whistleblower outed the scam by providing footage and internal company documents to Swedish newspaper Dagens Nyheter, which reported the news on March 1.  The scam predominantly targets investors based in Australia, New Zealand and the United Kingdom by using fake news articles advertised on Facebook and some mobile game platforms.  The stories feature interviews with celebrities who purportedly made a killing by investing in crypto — including Gordon Ramsey,…

Tron, Cardano Could Lead Altcoin Break outs

Thanks to a one percent gain in the last day, Cardano is the top performer in the top 10 with Tron leading after adding 1.5 percent. All in all, we anticipate gains today and that’s why we recommend buying on dips at spot rates with stops at fitting support levels. In the meantime, patience should prevail in XLM, EOS and in Litecoin since prices are still below key resistance levels. Let’s have a look at these charts: EOS Price Analysis As the week concludes, EOS price continue to oscillate within…