The number of cryptocurrency scams have surged as the popularity of cryptocurrencies continues to increase. In India, many wealthy individuals are being targeted by fraudulent crypto schemes.
The $11,600-$12,000 area is a crucial level because it is the final resistance for the bull run to continue.
There are now 84,410 blockchain-related companies in China, with 10,000 new firms registered during the first seven months of 2020.
North America-based users have been found to hold more Bitcoins than other cryptocurrencies in the latest study by analytics firm Chainalysis.
Whale Alert said the sender used a Xapo wallet or account but the receiver’s wallet was unknown.
An analyst says the best time to buy Bitcoin is on Sundays, where the price will print its weekly close, and when Bitcoin futures are to expire.
Cryptographer Adam Back likened Ethereum to ponzi schemes, an apparent double down to his 2019 statement that the popular blockchain is similar to medical company Theranos for overselling the state of its technology.
Morgan Creek CEO Anothony Pompliano believes Bitcoin will become more valuable than gold because of its digital nature and its scarcity.
Younger investors deploy their money on more high risk assets like Bitcoin and tech stocks while older investors prefer bonds, which are generally safe, and gold, which has been a store of value for thousands of years.
Bitfinex's latest initiative to retrieve the Bitcoins stolen from its exchange in 2016 is to reward anyone who can connect them to the hackers, as well as reward the hackers themselves if they return the stolen funds.
Tether increased its market cap by 136% since the beginning of the year.
Rep. Tom Emmer thinks the United States should find a way to provide regulatory clarity on cryptocurrencies or risk losing young talent who would set up shop elsewhere where laws are clear regarding the industry.
Even four years after the hacking incident, only around 2% of the stolen funds have been moved.
The crypto wallet app 2gether announced it cannot compensate users immediately but offered an alternative in which every customer will receive its native coin 2GT tokens equal to the amount lost in Bitcoin.
French trial ordered for alleged Russian bitcoin fraudster
The teen accused's bail is set at $725,000, more than the amount collected through a fake Bitcoin giveaway scam on Twitter.
Bitcoin finally broke $12,000 on Sunday but numerous sell calls were triggered, causing the benchmark cryptocurrency to crash to $10,600 in 30 minutes.
The number of Bitcoin investors who have not moved their Bitcoins in the last 365 days has been increasing as of late, suggesting an upside in the cryptocurrency's value soon.
The Philippine Central Bank is studying the feasibility and possible implications of central bank digital currencies or CBDCs.
With Bitcoin now at $11,000, traders are focusing on what effect will the $745 million worth of BTC options expiring this Friday will have on the benchmark cryptocurrency's price.
The billionaire crypto investor expects money from the stimulus to find its way to both Bitcoin and gold.
Legal clarity and better infrastructure could be factors affecting the next bull run, says Cameron Winklevoss.
