Crypto news

Crypto whales seem to do very bad things for the industry, but sometimes, a bit of good can emerge.Whales: Sometimes, They Do What’s “Right”Whales are individuals that store large amounts of crypto in single places. When they move any of that money, the transaction is so large that it’s likely to bear effects on the marketplace. In the past, cryptocurrency whales have moved heavy sums, often resulting in serious drops in crypto prices.As of late, bitcoin has lost more than $2,000 from its...

Bitcoin maximalist Anthony Pompliano claims he will never bail out of his long positions. Gold cheerleader Peter Schiff likens this to a Titanic captain – loyal but misguided. Even with its recent price plunge, bitcoin is still massively outperforming gold. At What Point Will Bitcoin Maximalists Capitulate? Peter Schiff never passes up a good opportunity to roast bitcoiners. The flagship cryptocurrency’s unexpected decline in the second half of this year has not gone unnoticed...

Daniel Blieden – a Cincinnati-based marketing executive – has pled guilty to embezzling more than $22 million in company funds to purchase cryptocurrency for online gambling ventures.Blieden Faces a Lengthy Prison TermBlieden was facing charges of both wire fraud and “aggravated identity theft.” The company he worked for was called Style Haul, in which he served as the vice president of accounting and finance. The company focused primarily on fashion media, lifestyle and beauty products. The...

The head of a $230 billion Singaporean investment fund is the latest high-profile public figure to have their likeness used to promote Bitcoin Pro – an investment scam making the rounds on Facebook.Ho Ching, who has served as Temasek’s CEO since 2004, warned her more than 57,000 followers on Monday:“Just to alert everyone that there have been some more fat frogs jumping in the streets! […] The scams masquerading as breathless news from Straits Times, Channel News Asia, etc, have resurfaced...

The head of a $230 billion Singaporean investment fund is the latest high-profile public figure to have their likeness used to promote Bitcoin Pro – an investment scam making the rounds on Facebook.Ho Ching, who has served as Temasek’s CEO since 2004, warned her more than 57,000 followers on Monday:“Just to alert everyone that there have been some more fat frogs jumping in the streets! […] The scams masquerading as breathless news from Straits Times, Channel News Asia, etc, have resurfaced...

A privacy-based technology known as Mimble Wimble has been integrated into various privacy tokens since last January. The trouble is, it may not be as private as people originally thought.Mimble Wimble Isn’t Doing Enough to Keep Your Identity a SecretA new study shows that the first privacy coins to implement the technology are ones referred to as Grin and Beam, both of which are very new and are hardly being used at all at press time. This could be why the technology is so easily...

District Judge P. Kevin Castel of the New York Southern District Court, has signed a document which requires a deposition from three members of the Telegram team, as the case regarding its GRAM token sale continues. According to the document, Telegram founder and CEO Pavel Durov himself is expected to testify, along with two others.Dated Nov. 25, the document states that the depositions will begin on December 10 with Telegram employee Shyam Parekh. Although it doesn’t state Parekh’s position...

NYU Economist Nouriel Roubini is hyped over the massive bitcoin price drop since October. Altcoin prices are down too. Theories abound as to the causes of what could be the next crypto winter. The crypto industry’s leaders see opportunity in the bitcoin bear market. Nouriel Roubini piled on the FUD Tuesday morning. As bitcoin’s price continues its plunge into what could be another crypto winter, the NYU economist suggested it’s the end of crypto entirely: Source: TwitterThe...

Initially, the design of the cryptocurrency does not imply the identity disclosure of the owners cryptocurrency wallets, but scammers are constantly looking for ways to steal or otherwise take hold of your money. The growing popularity of crypto is causing increased interest not only among ordinary users, but it also attracts like a magnet hackers, thieves and other criminals who want to steal your digital currency or control you through your finances.The peculiarity of cryptocurrencies is...

SummaryEthereum witnessed disastrous two weeks of trading after dropping by a steep 22% and falling towards the $146 level.The cryptocurrency is trapped within a symmetrical triangle against Bitcoin.Ethereum looks to be shaping up for a rebound as the Stochastic RSI is primed for a bullish crossover on both USD and BTC charts.Key Support & Resistance LevelsETH/USDSupport: $130, $120, $105.Resistance: $160, $170, $180ETH/BTC:Support: 0.020BTC, 0.0195BTC, 0.0190BTC.Resistance: 0.021BTC,...