Crypto news

The United States Federal Bureau of Investigation (FBI) issued a warning on fake job ads that lure people to Southeast Asia, where “victims are held against their will and forced to commit international crypto scams on unsuspecting victims.” These scam mills usually put up ads on social media and lure their victims by promising well-paid jobs. Upon arrival, however, victims have their passports taken and are forced to work by scamming innocent people. Furthermore, if workers...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up CME Group in Chicago, one of the world’s biggest derivatives marketplaces, says it’s going to be expanding its Ethereum and bitcoin-based options across both standard and micro-sized contracts. CME Group to Establish All-Day Bitcoin Contract Trading The news comes right as several other Ethereum and...

Over the past few weeks, Bitcoin’s price has been consolidating within a narrow range after breaking below the 50-day moving average. The market is currently situated between two notable levels, leaving room for several potential scenarios to unfold. Technical Analysis By: Edris The Daily Chart: The price on the daily timeframe has yet to display a notable upward or downward movement. If a rally takes place in the upcoming weeks, the first resistance level to watch is the...

On-chain analyst and whale tracker Nova has spotted a profitable average trader that became a whale within five months. The said wallet 0x*************121F760e, who has “nailed” every trade since January, has a record of more than 10,000% realized profit. Nova noted that the whale’s success stemmed from good trading strategies, not luck, as they had properly managed every win and loss. From Average Trader to Whale According to Nova’s Twitter thread, the anonymous trader...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Jon Blaylock has a rather interesting history behind him. In the past, he was a pastor at a church, though he’s since left the world of religion to focus on technical innovation, eventually beginning a company called 3lock that he’s now the CEO of. Jon Blaylock: A Former Religious Leader with a Vision His most...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Vetle Lunde – a senior analyst at K33 Research – stated in a recent interview that bitcoin, the world’s number one digital currency by market cap, is following the same patterns it did in 2019, and that the asset could wind up hitting $45K per unit either by the end of this month or next month. The Same Things...

Ether balance on the centralized crypto exchanges has reached a five-year low.  According to the latest data from Glassnode, there are currently 17.8 million ETH on exchanges – a level not seen since July 2016. This figure essentially represents less than 15% of the Ethereum network’s total token supply. To put things into perspective, the exchange balance was recorded to be around 26% during 2021’s bull market. ETH Stored on Centralized Exchanges. Source: GlassnodeSuch a...

After charting the latest multi-weekly low at under $26,000, bitcoin has performed better and even neared $27,000 earlier today. Most alternative coins have also charted minor gains on a daily scale. Render Token emerges as this week’s best performer from the top 100. BTC to Challenge $27K? Bitcoin tried its hand at taking down the resistance level at $27,500 a few times this past week but to no avail. The latest rejection came on Tuesday, and it turned out to be a rather...

[PRESS RELEASE – Singapore, Singapore, May 26th, 2023] Huobi announced the launch of Huobi HK and stated that they will provide cryptocurrency trading services to users in HK. Huobi HK will play a significant role in driving Hong Kong towards becoming the global hub for Web3. In the future, users will be able to buy, sell, and hold mainstream cryptocurrencies such as BTC and ETH, as well as other major cryptocurrencies listed on the independent index through Huobi HK. Huobi...

The regulatory tension in the United States has caused many large crypto-focused companies to look abroad, and Gemini is no exception. The firm led by the Winklevoss twins has managed to secure a license to operate as a Virtual Asset Service Provider in Ireland. The company said it will host its European operation in Dublin. Leo Varadkar, the prime minister of Ireland, took the opportunity to formally congratulate Gemini. Gemini – the first firm registered by the Central Bank...