One of the most popular court cases in the crypto industry is the one between the Kleiman estate and Bitcoin SV founder, Craig Wright. The case, however, took a new turn recently, when a certain document filed on Oct. 30 in the Southern District of Florida, revealed that Wright has pulled out of the settlement already negotiated, claiming that he’d be unable to finance it.Before now, the plaintiffs had somewhat suspended active pursuance of the case because it had already begun to focus more...
Read More »Bitfinex Sparks Controversy Allegedly Manipulating $20,000 Bitcoin Price High
Bitfinex, which shares co-founders with the Tether stablecoin, is once again attracting controversy over the manipulation of the Bitcoin price. Per a paper published by the University of Texas Professor John Griffin and Ohio State University’s Amin Shams, Bitcoin’s run to a record high near $20,000 in 2017 was caused by a single market whale. Bitfinex whale manipulating Bitcoin price surges Initially reported by Bloomberg, the paper, which is an update on an earlier one by the same...
Read More »Blockchain-Based Identification System For Cities Is Launched in China
China, that surprises the world non-stop, has come up with a new development: three institutes in Shijiazhuang, Hebei Province in North China, have finished working on blockchain-based identification system for cities. This initiative is a significant part of the smart city infrastructure.As Global Times has reported, the new system suggests assigning a specific identification code to cities all over China and strives to achieve better connection and data sharing between different parts of...
Read More »U.S. Stock Market Showing the Possibility of a Big Rally before the Year-End
Over the last few months, the rising tensions due to the escalating U.S.-China trade war has left global investors in worry. Several analysts have also raised fears of possible recession by the next year.However, some of the indicators still suggest that the U.S. stock market is all poised for a massive rally before the end of 2019. In its latest article, CCN mentions some of the strong indicators that can support the market rally ahead. Some of the powerful indicators include “positive...
Read More »Study Reveals: Bitcoin $20,000 Bull-Run Caused By One Whale
The cryptocurrency market went through a parabolic price surge in late 2017 causing a stir around the financial world. Bitcoin, the largest crypto by market cap, reached its all-time high at $20,000 but according to two U.S.-based academics, this price movement was manipulated by a single whale.Cryptocurrency Price Manipulation?The topic of price manipulation in the cryptocurrency market has been around for a few years. Finance professor John M. Griffin from the University of Texas and...
Read More »#741 BTC auf Lehrplan in Frankreich, Bitcoin ist kein Geld & Craig Wright kann Einigung nicht bezahlen
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 741. Heute geht’s um folgende Themen: Bitcoin im Schulunterricht – Frankreich setzt BTC auf den Lehrplan, England sagt Bitcoin ist kein Geld & Craig Wright kann Einigung im Kleiman Bitcoin Prozess nicht bezahlen. [embedded content] 1.) Bitcoin im Schulunterricht – Frankreich setzt BTC auf den Lehrplanhttps://cryptomonday.de/bitcoin-im-schulunterricht-frankreich-setzt-btc-auf-den-lehrplan/ 2.) Bitcoin ist kein Geld!...
Read More »Ripple Price Analysis: XRP Facing Uphill Task Near $0.3000
Ripple price started a downside correction after tagging the $0.3150 resistance against the US dollar.The price is currently consolidating above the $0.2850 support area, with a few positive signs.There is a major bearish trend line forming with resistance near $0.2980 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The price must surpass the $0.3000 barrier for a fresh increase in the coming sessions.Ripple price is facing a major hurdle near $0.3000 against the US...
Read More »Bitcoin, Ethereum and XRP Prepare for Volatility; Bullish or Bearish?
Bitcoin and Ethereum are consolidating within a narrow trading range. Bitcoin may have resumed its macro-uptrend, said a renowned technical analyst. XRP prepares for a major event that could trigger an increase in demand. Last week, the total crypto market capitalization surged over 40% to reach a high of $267 billion. During this time, approximately $77 billion was injected into the market. Bitcoin jumped over 42% while Ethereum and XRP rose nearly 30%. Despite the bullish impulse,...
Read More »Bulls and Bears: The Bitcoin Week in Review
At press time, bitcoin is trading for just over $9,100.Bitcoin Has Had a Strange WeekTo say it’s been a wacky week for the world’s leading cryptocurrency would be something of an understatement. The currency has pulled in both bearish and bullish behavior from all angles, jumping beyond the $10,000-mark last weekend after a nasty period of trading in the mid-$7,000 range, to suddenly settling nearly $1,000 below its weekend high.The currency has incurred other little surges here and there...
Read More »Are Crypto Scams an Everyday Thing in Brazil?
Crypto scams are an everyday thing, it seems. If you dabble in crypto, you are putting yourself at risk to one extent or another. For people in Brazil, however, it’s being reported that this danger is somehow considerably larger than one might expect.Are Crypto Scams in Brazil the New Norm?Brazil is the largest country in South America, and one of the largest countries in the world. It’s also a huge cryptocurrency haven. This has both positives and its negatives. On one hand, it exposes a lot...
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