It looks like crypto scams are far more prominent than we originally thought, according to a new research paper.Crypto Scams Are Pretty CommonAnalysts at the University of Technology in Sydney and the Stockholm School of Economics have announced that crypto scams are taking place everywhere and all the time. We just need to know where to look. Ultimately, these scams are accumulating millions of dollars in dirty money virtually every month, and not enough is being done to keep people safe.The...
Read More »Reasons Why A Managed Trading Account Could Be Better for You
When choosing to trade cryptocurrencies, or any other type of digital asset, users must always consider if they’re the right fit for the job. Trading any digital asset requires a lot of knowledge in the market, technical chart analysis, and sometimes even a bit of luck. It can all get very complicated in just a matter of seconds, and emotions could also play a huge part in the decision-making process when trading. This is precisely why sometimes its best to step aside and choose somebody more...
Read More »Bitcoin Crushing Altcoins as BTC Price Sets New 2020 High
Bitcoin has responded to the rising altcoins and just pumped to a new yearly high of over $12,400. By doing this, the primary cryptocurrency has increased its dominance over the market after reaching a new yearly low earlier today.Bitcoin To $12,400 and Beyond?As CryptoPotato reported earlier, Bitcoin stood still at $11,800, while many low-cap alts were surging. Thus, BTC’s dominance dropped to its lowest point in over a year at 58.4%. Just a few hours ago, however, the first-ever...
Read More »Mike Novogratz: Purchase Bitcoin, but Don’t Go Nuts
Mike Novogratz has always been a huge bitcoin fan, but while he remains confident in the cryptocurrency, he is telling people not to go crazy.Mike Novogratz: Bitcoin Is a Safe BetAt press time, bitcoin is trading for well above $11,800. The currency has been on a roll these past few weeks and has surged by more than $2,000 from where it was in late July. However, the asset is still failing to reach $12K despite many separate attempts, and the resistance level at $12K is still proving too much...
Read More »The New McAfee: Dave Portnoy Forgets About Bitcoin and Starts Shilling Low-Cap Altcoins To His 1.7M Followers
Less than a week ago, the influential legacy markets day trader Dave Portnoy, had a meeting with Cameron and Tyler Winklevoss – the founders of Gemini and well-known Bitcoin proponents.Even though he supposedly bought Bitcoin during their meeting, his enthusiasm for the primary cryptocurrency was shortlived.Now, Portnoy openly solicits cryptocurrency pump and dump schemes, shilling low-cap altcoin to his 1.7 million followers. Industry experts were quick to observe the similarities between...
Read More »Pantera Confirms Raising $165 Million in Its Cryptocurrency Fund
San Francisco-based crypto and blockchain investment company Pantera Capital confirmed in a recent filing with the United States Securities and Exchange Commission (SEC) that it has raised almost $165 million in its cryptocurrency hedge fund.Venture Fund III Raises $165M In Two YearThe crypto Fund dubbed Venture Fund III was launched on July 31, 2018, and reports suggested that Pantera was targeting to raise a total of $175 million. By mid-August that same year, the company raised $71 million...
Read More »Counos Review: Ein vollständiges Krypto-Ökosystem für Einzelpersonen und Unternehmen
Counos ist ein finanzielles-Ökosystem, welches dank Kryptowährungen funktioniert und so aufgebaut ist. Die dezentrale Börse, Wallet-Services mit einer Vielzahl von Investment Vermögen ergeben kombiniert eine Plattform. Was ist Counos DEX? Counos DEX ist eine in Estonia ansässige dezentrale Börse, die am 1.10.2019 lanciert wurde und von Counos ÖU (ein Unternehmen, das registriert und lizensiert ist, um in der EU-Zone rechtmäßig tätig zu sein) verwaltet und betrieben wird. Diese...
Read More »Bitcoin Price Breaks $12K To New 2020 High: New Bull Run Gets Underway?
Bitcoin price had been lingering under the $11,900 mark for the past 48 hours, despite another injection of $6 billion entering the global crypto market at that period.In the last hour, however, a sudden surge in buying pressure finally arrived, which assisted in driving prices over the psychological $12,000 resistance for the first time in over a week. The bulls drove the price higher than $12,125, which was the 2020 high since the beginning of August.This key level has so far succeeded in...
Read More »XRP Records 14-Days Peak: New 2020 High Incoming? (Ripple Price Analysis)
XRP saw a 6% price increase today as the buyers manage to rise above $0.31Last week, the coin found strong support at $0.28, which allowed it to push higher and reclaim $0.3 over the weekend.Against Bitcoin, XRP bounced from 2435 SAT last week to reach the current 2555 SAT level.XRP/USD: XRP Bulls Break Bullish Flag PatternKey Support Levels: $0.3, $0.28, $0.264.Key Resistance Levels: $0.313, $0.321, $0.341.Last week XRP fell from a resistance level above $0.30 and found support at $0.28. The...
Read More »Major Singapore Bank: Central Bank Interest in Crypto and Gold Surged Following COVID-19
The Singaporean multinational banking and financial services corporation DBS Bank has compiled a report on cryptocurrencies and the recent developments in the sector. The paper noted that central banks are both “troubled and intrigued” by the growing role of digital assets in today’s world, especially following the COVID-19 pandemic.DBS Bank: Cryptocurrencies Are GrowingHeadquartered in Marina Bay, DBS Bank is among the largest banks in the region. In its recent paper on cryptocurrencies, DBS...
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