With the US debt ceiling talks leading to no results, economists are wondering whether this situation could turn out to be a massive global financial crash, despite politicians still claiming that there will be a soft landing. Robert Kiyosaki, however, doesn’t believe this assertion and urged investors to turn to gold, silver, and bitcoin to protect themselves. Republicans and Democrats are still unable to decide whether the US should raise the debt ceiling, and questions...
Read More »PEPE Shoots Up 12% Daily, Bitcoin Shaky at $27K (Weekend Watch)
After sitting below $27,000 for a few days, bitcoin finally jumped above that level in the past 24 hours but is yet to decisively reclaim it. Most altcoins are with insignificant gains on a daily scale, aside from the trending memecoin – PEPE. Bitcoin Uncertain at $27K Last week started on a positive note for bitcoin, which jumped to over $27,600 after the stagnant weekend. However, that was short-lived, and the asset retraced to below $27,000 in a matter of days. Another...
Read More »Coin Cafe to Pay $4.3 Million Restitution to Defrauded Investors: NYAG
Brooklyn-based crypto firm Coin Cafe has been ordered by the office of the Attorney General to refund over $4 million to cryptocurrency investors. The restitution comes after investigations revealed that the company charged users exorbitant fees without their consent. “Free” but not Free In a press release on May 18, the New York Attorney General’s office claimed that Coin Cafe charged investors high fees to store bitcoin with the company’s wallet, despite advertising the...
Read More »How Two Men Got Life Sentences in Vietnam for Committing a $1.5M Crypto Theft: Report
The Ho Chi Minh City People’s Court ruled that the Vietnamese residents – Ho Ngoc Tai and Tran Ngoc Hoang – will spend their lives in prison for kidnapping an individual and stealing $1.5 million worth of bitcoin from him. 14 other people who also took part in the crime received sentences between 9 and 19 years. No Mercy The 34-year-old Tai and the 40-year-old Hoang were slammed with life imprisonment for orchestrating a sophisticated kidnapping and later draining $1.5...
Read More »Texas Paid Crypto Mining Firm a Lot of Money to Shut Its Machines Off
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up In early 2021, the state of Texas paid a bitcoin mining company called Bit Deer approximately $175,000 per hour. Texas Doled Out Cash for No Work For what purpose, you ask? Well, it wasn’t because the Lone Star State wanted to gain access to mined BTC units. It wasn’t to create jobs, and it wasn’t to help build...
Read More »Fidelity Remains Devoted to Crypto but Will ‘Tread With Caution’
Christian Staub – Managing Director for Fidelity International’s business in Europe – said the investment giant intends to remain part of the cryptocurrency ecosystem. However, he added that it will not urge people to buy bitcoin due to its “volatile and nascent” nature. The lack of pertinent regulation in the space is another present obstacle for the firm. Crypto to Become ‘More Sophisticated’ The multinational investment firm that has introduced several cryptocurrency...
Read More »BTC Tight Around $27K: Calm Before The Storm? (Bitcoin Price Analysis)
Bitcoin has been stuck in a range in the last few days following a rejection from the $30K resistance level. There are various points for market participants to look forward to in the short term. Technical Analysis By: Edris The Daily Chart On the daily timeframe, the price has been consolidating in a very tight range over the last week. This comes after the $30K resistance level rejected the market to the downside. The 50-day moving average was also broken down around the...
Read More »New Survey Suggests Americans Aren’t Crazy About Crypto
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up A survey conducted by the Pew Research Center suggests most Americans don’t feel confident about, nor do they feel safe using, crypto. Survey: American’s Aren’t Confident Around Crypto Between March 13 and 19 of this year, the Research Center asked a group of people about their feelings towards crypto, and...
Read More »Is the Gemini Exchange Suffering Financially?
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up The effects of the 2022 bear market haven’t fully disappeared, it seems. There are many companies out there still dealing with the repercussions of those bearish ripples, the Gemini exchange in New York being a big one. Gemini Gets $100 Million from Its Founders Not long ago, it was announced that Gemini...
Read More »Meetup spécial Pizza Day à Saint Nazaire
« Né de l’initiative de Découvre Bitcoin de créer des communautés locales de « Bitcoiners » partout en France, nous sommes donc le groupe de la région nazairienne. Nous nous regroupons une fois par mois afin d’échanger sur le thème du bitcoin (les discussions autour des shitcoins sont tolérées à petite dose ;-)) et d’élargir nos connaissances. Débutant ou OG, n’hésitez pas à nous rejoindre ! » Où...
Read More »