Crypto news

Alexei Bilyuchenko – a computer programmer who was allegedly involved in the fall of the ill-fated cryptocurrency exchange Wex in 2018 – says he was tricked into handing over all the exchange’s assets and tokens to fraudsters, which set off the platform’s inherent collapse.Bilyuchenko Comes Forward with a Strange StoryAt the time of writing, it is believed that the exchange lost as much as half-a-billion in assorted crypto funds.Bilyuchenko shares ties with Alexander Vinnik, the reported...

Alex Copenhagen decided to come back to his YT channel dedicated to crypto and bring a new life to it. He will be posting new videos about business, self-development, lifehacks, interviews with entrepreneurs and more. He said that losing $500,000 in 2019 taught him important life lessons.Alex is sharing his story in a short video, sending out the hope that his data will be valuable for lots of crypto-related folks. Copenhagen got into cryptocurrency space in around 2013 when Bitcoin was worth...

Ethereum, the decentralized computing platform behind the token, has been trying to extend its network for years with a series of upgrades that may eventually transform its Proof-of-work protocol into a staking network. The improvements took longer than expected, and some analysts doubt that this difficult technical achievement can be achieved. Besides, several new entrants to the sector have put pressure on Ethereum as an increasing number of developers are moving towards newer options.The...

As we have already reported, Bitcoin (BTC) was for sure the best profitable investment in 2019. If we compare it to “more traditional assets” it still seems we are right:• Nasdaq: +33.98 percent• S&P 500: +30.80 percent• Dow Jones: +24.23 percent• Gold: +17.83 percent• Bitcoin: +96.81 percentAlso, the network hash rate once again breached previous records as well. When looking at the data from numerous monitoring resources – it is sure that the hash rate was at its highest on the first...

Good news for cryptocurrency traders in South Korea as profit generated from crypto trading will not be subjected to tax, according to a recent announcement from the country’s Ministry of Finance and Strategy.The Ministry clarified that the current tax law does not consider crypto trading gains as taxable income; thus, Korean crypto traders are not required to pay taxes on the profits they earn from crypto trading for the time being. However, crypto traders in the country may not be exempted...

Ethereum has seen a small 3% price increase over the past 7 days as it trades at the $130 level.Against BTC, ETH still is struggling to break above the resistance at 0.01820 BTC.Ethereum must break above $135 to turn bullish.Key Support & Resistance LevelsETH/USDSupport:  $128, $120, $118.Resistance: $133.50, $145, $152.ETH/BTC:Support: 0.0171 BTC, 0.0169 BTC, 0.0164 BTC.Resistance: 0.0179 BTC, 0.0184 BTC, 0.019 BTC.ETH/USD –  ETH Still Struggling To Break $133.50 Since our last analysis,...

One of the most anticipated events in 2020 is coming close. Bitcoin’s halving, that will slash the reward miners get for adding new blocks to the network, is about 4 months away. Given that it would likely decrease the demand of freshly minted bitcoins to the market, a lot of people think it would have a positive impact on the Bitcoin price. A prominent analyst, however, thinks that it might already be priced in.Bitcoin Halving Priced In CorrectlyThere is a serious and continuous debate going...

Zyperns Börsenaufsicht ergänzt „Schwarze Liste“ durch weitere Krypto-Plattformen mit verdächtigen Aktivitäten: Die zypriotische Börsenaufsicht (CySEC) warnt aktuell vor rund 200 nicht registrierten Investitionsplattformen im Internet. Drei davon besitzen überaus grosse Ähnlichkeit und bewerben das Unternehmen BDSwiss, welche eine behördliche Zulassung besitzt. Zuletzt hat die CySEC ihre „Schwarze...

Zyperns Börsenaufsicht ergänzt „Schwarze Liste“ durch weitere Krypto-Plattformen mit verdächtigen Aktivitäten: Die zypriotische Börsenaufsicht (CySEC) warnt aktuell vor rund 200 nicht registrierten Investitionsplattformen im Internet. Drei davon besitzen überaus grosse Ähnlichkeit und bewerben das Unternehmen BDSwiss, welche eine behördliche Zulassung besitzt. Zuletzt hat die CySEC ihre „Schwarze...

Chief Economist for Lending Tree labels Bitcoin a ‘pyramid scheme’ – and he might just be right. Look closely at cryptocurrency and realize it probably isn’t the savior it’s been erroneously sold as. Cryptocurrency holders share much in common with money-lenders, land-owners and fractional reserve bankers – they just don’t know it. When someone in the mainstream media berates Bitcoin, it often becomes an emotional alarm call for the cryptocurrency news squadron.Suddenly, all the failed...