Bitcoin price started a fresh decline below the $24,000 zone against the US Dollar. The price is now trading below $24,000 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $23,500 on the 4-hours chart of the BTC/USD pair...
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Estonian Pair Arrested for Running $500 Million Crypto Scam
Two 37-year-old Estonian citizens named Sergei Potapenko and Ivan Turogin have been arrested after potentially defrauding hundreds of thousands of people in an alleged crypto scheme. The money lost at the time of writing is believed to exceed $575 million. Two Estonian Men Arrested for Crypto Fraud The scheme involved...
Avraham Eisenberg Arrested for Mango Markets Crypto Scam
Avraham Eisenberg – a man from Puerto Rico – is set to face charges in a New York City courtroom after allegedly invoking a crypto fraud scheme that cost investors more than $110 million. Avraham Eisenberg Faces 40 Years in Jail The scam in question is known as Mango Markets,...
Crypto Exchange Bittrex Says “Bye” to Several Employees
U.S.-based crypto exchange Bittrex has become the latest digital asset firm to join the ranks of those having to let go of employees. Bittrex Is Forced to Part with Employees Not long ago, the popular trading outlet announced that it would be laying off approximately 83 separate individuals. Right now,...
ChangeNOW blocks $1.5M in suspicious transactions linked to supposed Algorand hacks
Non-custodial crypto exchange ChangeNOW reported that it stopped suspicious ALGO and Algorand-based USDC transactions totaling about $1.5 million, safeguarding them for further investigation. ChangeNOW’s anti-money laundering and risk-prevention system blocked $1.5 million in suspicious transactions in ALGO and USDC on February 19. ChangeNOW identified them as associated with reported Algorand...
Cardano (ADA) Price Analysis: Risk of Drop Below $0.35
ADA price is trading in a bearish zone below the $0.38 support zone against the US Dollar. The price is now trading below $0.38 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.3780 on the 4-hours chart (data feed via...
Ethereum Price Analysis: ETH Aims Fresh Increase Above $1,700
Ethereum price is struggling to stay above the $1,600 support against the US Dollar. ETH price is now trading below $1,650 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $1,660 on the 4-hours chart (data feed from Coinbase). The pair...
The Bitcoin Association Engages in a Few New Hires
In an era where so many other crypto firms appear to be losing employees left and right, the Bitcoin Association – which is responsible for the release of the recent bitcoin SV currency – is bringing some fresh faces onboard. The Bitcoin Association Is Bringing New People Aboard Among the...
Nicholas Taleb Predicts More Hard Times for BTC and Stocks
Nasim Nicholas Taleb – the author of the popular novel The Black Swan and advisor to the hedge fund Universa Investments – believes bitcoin, stocks, and many other assets are going to have it hard over the next few years. Taleb Predicts More Gloom and Doom for Crypto 2022 was...
Professor John Griffin Thinks BTC Is Being Manipulated
The price of bitcoin appears to be coming back from the horrors of 2022, but John Griffin – a finance professor at the University of Texas McCombs School of Business – says he’s not convinced this is happening naturally, and he wonders if BTC is somehow being manipulated. John Griffin...