Crypto news

China has arrested more than 100 separate individuals who may have taken part in the Plus Token scam that resulted in more than $1 billion in stolen crypto funds.Plus Token Is One of the Biggest Ponzi SchemesInitially based in South Korea, Plus Token was designed to be a “high-yield” investment plan that allegedly offered massive funds for all who took part. As much as 18 percent yield was promised to investors from both South Korea and China granted that they were willing to store...

Bitcoin is arguably the dominant cryptocurrency throughout the digital asset space, but how much of its dominance is real?How Dominant Is Bitcoin, Exactly?When placed up against all other crypto assets, bitcoin’s dominance sits at roughly 60 percent. However, many analysts believe that placing it up against all other coins or tokens isn’t entirely fair, and that it should only be placed up against currencies that are trying their best to be legitimate money or that are working to replace...

Bitcoin als Chance für den Schweizer Finanzplatz: Die Bank Cler will ihren Kunden im 2021 Kryptowährungen anbieten. Foto Copyleft / Gemeinfrei via Wikipedia Digitale Assets und digitale Währungen wie Bitcoin sind die grösste Chance für den Schweizer Finanzplatz seit Jahrzehnten. Und langsam findet auch bei den Banken ein Umdenken statt: Die Bank Cler will aktuell ihren Kunden im 2021 offenbar Kryptowährungen anbieten, wie die NZZ am...

Bitcoin has incurred another serious rise and is now trading for over $11,800.The FOMO Attitude Has Come Back to BitcoinMany analysts believe that an attitude of FOMO (or “fear of missing out”) has returned to the crypto space. With bitcoin on the rise of late, many new players are looking to get involved in the bitcoin market and play their hands, hoping to come up with a win. This is the same attitude that meandered throughout the crypto space in late 2017, when the asset was reaching its...

Ethereum had a crazy day of trading today as the price fluctuated massively.The cryptocurrency has rallied all month long after increasing by 62% to create a fresh 2-year high.Against Bitcoin, Ethereum also increased to 14-month highs as it reached 0.034 BTC.ETH/USD: Massive VolatilityKey Support Levels: $343, $321, $300.Key Resistance Levels: $400, $410, $420.The Ethereum price surge in July has been nothing short of spectacular as it managed to rise by 62% to create a fresh 2-year high at...

Decentralized Finance – kurz Defi – ist, innerhalb der Bitcoin-Szene der Megatrend schlechthin. Am Anfang war Bitcoin. Und mit Bitcoin war plötzlich etwas digitales geboren, was nicht kopierbar ist. Eine Sensation, denn im Internet war bis anhin alles kopierbar. Musik, Filme, Dokumente.. es gibt nichts was nicht kopiert werden kann. Bitcoin hingegen ist anders; jeder Bitcoin exisitert genau einmal. Bitcoins können nicht kopiert und...

The last 24 hours have been nothing but volatile when it comes to Bitcoin’s price. The cryptocurrency went on a rollercoaster, surging above $12,000, dropping to $10,490, going back up and back down. In short – it’s been a wild few hours.Most interestingly, however, a user’s algorithm “went ballistic,” according to Changpeng Zhao, seemingly sending the price for the BTC/USD Quarterly Contract on Binance to $100,000.Bitcoin’s Price Going CrazyTo an outsider, the last few hours might seem like...

The past ten days, which were the last days of July, were a blessing for the price of Bitcoin.Right after breaking out above the blue-marked trend line at $9200 on July 21st, Bitcoin started to fire its engines, and yesterday – following ten magic days – BTC price recorded a fresh 2020 high above $12,100. An incredible 31% increase.And then it came: Immediately after recording the new high, we got the first significant correction since the 2020 parabolic run had started. And what a correction...

The cryptocurrency market went through a Sunday morning roller-coster with some intense moves charted. Bitcoin marked a new yearly high of above $12,000 before tanking in a matter of minutes to $10,490 (on Binance). Similar developments followed most altcoins, but the market appears to have calmed now.Bitcoin’s New 2020 Top And DropAugust doesn’t look anything like July for the primary cryptocurrency so far. While July began with slow and dull price movements, Bitcoin has taken August for a...

The Ethereum Classic (ETC) blockchain was subject to some rearrangement on August 1, as 3,693 of its blocks were “reorged” in what was first thought to be a 51% attack. The reorganization caused a chain split, which saw one miner process all the blocks over a period of 12 hours. Upon further investigation, the reorganization of the Ethereum Classic is now deemed to be a non-malicious mistake by a miner with a bad internet connection and is in the process of being addressed. But due to the...