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Ripple Price Analysis: Key Support Intact Near $0.375

Ripple price is facing resistance near the $0.420 level against the US dollar. The price is now trading below $0.410 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.4110 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could decline further if there is now move above the $0.4120 resistance. Ripple price is correcting lower from $0.4320 against the US Dollar, similar bitcoin. XRP...

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Despite Bear Market, 82% of Millionaires Sought Crypto Advice in 2022 (Survey)

A study conducted by the financial consultancy firm – deVere Group – estimated that 82% of clients with over $1.2 million worth of investable assets sought advice on cryptocurrencies in the past 12 months.  The significant interest came in spite of the broad market slump and the countless scandals and bankruptcies that happened in 2022. Crypto Seems Highly Popular Among the Rich According to the study, approximately eight out of ten high net worth (HNW) customers of deVere...

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Oxford Student Goes to Prison for Stealing $2.6M Via a Crypto Scam

Wybo Wiersma – a 40-year-old Dutchman who studied at Oxford’s St Cross College – will serve a 54-month prison sentence for stealing £2,156,000 (more than $2.6 million) using a cryptocurrency scheme. UK detectives linked the scam to the man who used the pseudonym Norbert van den Berg in his malicious website and university coursework. ‘Greed and Dishonesty’ Behind the Scam Judge Michael Gledhill KC ordered Wiersma to spend four and a half years in prison for his offense. The...

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Promoter of Crypto Fraud Scheme Forced to Part with $17 Million

A federal judge in the region of San Diego, California has ordered the leader of a crypto fraud scheme to pay as much as $17 million in restitution fees to more than 800 traders and investors that allegedly fell victim to his methods. Fraud Promoter Will Also Spend Time in Prison The scam was known as Bit Connect, and it will likely go down as one of the biggest crypto-based Ponzi schemes in history. Many investors who put their money into the platform were ultimately...

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L’Entonnoir du bitcoin

L’Entonnoir du bitcoin est un Live stream Twitter à retrouver tous les dimanches à 18h00. On y parle exclusivement de Bitcoin et de son actualité. Où ? – Sur Twitter Quand ? – Dimanche 5 février 2023 à 18h00. Le débat du jour : Faut-il agir contre le stockage de données arbitraires sur Bitcoin via les inscriptions d’Ordinals ? ...

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MicroStrategy Records 8th Consecutive Quarterly Loss After $198M BTC Impairment Charge

American business intelligence company MicroStrategy has recorded another quarterly loss after calculating the value of its Bitcoin portfolio. According to a Bloomberg report, MicroStrategy recorded a net loss of $249.7 million, narrowed down to $21.93 a share, in Q4 2022. The firm’s revenue declined by 1.5% to $132.6 million, going lower than the estimated drop. MicroStrategy Records $198M Impairment Charge  The Virginia-based company incurred an impairment charge of $197.6...

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Further Price Hikes for Bitcoin Were Recorded Last Month

The bitcoin boom continues as more time in January was able to bring the world’s number one digital currency by market cap beyond the $19,000 mark, something the currency hadn’t seen since November of 2022. Bitcoin Is Growing Like Crazy January has brought on a certain degree of healing for most digital currency investors and traders. The previous 12 months had been so disastrous for bitcoin, literally eliminating more than 70 percent of its overall valuation. The...

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Esclave du futur, certes, mais sous quel régime?

Imaginons qu’on vous endorme et transporte pour subir une opération douloureuse à l’hôpital. Pour votre réveil, vous avez le choix entre deux options : 1. L’opération s’est déroulée la veille et a duré quatre heures,2. l’opération aura lieu le lendemain et ne durera qu’une heure.Vous préférerez généralement la première option, étant donné que la douleur est passée. La seconde option implique certes une douleur moindre, mais à venir....

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Crypto Firm Animoca Brands Is Bringing Back Movie Pass

Movie Pass – a program that seeks to provide lesser-priced movie tickets to theatergoers – is back with a bang. This time, it’s backed by cryptocurrency and getting a little help from the blockchain space. Movie Pass Is Coming Back with Crypto in Its Corner The company has had a rather harsh run of things, first rising to the ranks over a decade ago in 2011. The enterprise sought to provide discounted movie tickets, though there appears to have been some controversy...

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Memecoins Explode Weekly: BabyDoge Soars 150%, SHIB Up 28% (Weekend Watch)

Unlike some of the previous weekends since the start of the year, this one has been rather calm for bitcoin, which remains slightly above $23,000. Some altcoins, though, have performed more impressively, including OKB and a few memecoins. SHIB, BabyDoge Skyrocket CryptoPotato reported yesterday Shiba Inu’s massive daily increase of over 10%. However, the second-largest memecoin is well in the green once again on a daily scale. SHIB is up by another 7.5%, while its weekly...

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