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Tag Archives: AA News

Hackers Donate Stolen Bitcoin Worth $20,000 to Two Non-Profit Organizations

In what seems to be a case of black hat hackers masquerading as the internet’s self-professed Robin Hoods, two charitable organizations have received mysterious bitcoin donations from a cybercriminal group. The generous gesture is worth 0.88 BTC (around $10,000), with the donating hackers wanting to “make the world a better place.” Hacking Corporations To Give Back To The Society? As per the latest report published by BBC, this altruistic act of benevolence coming from online...

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Bitcoin Decoupling Nearing $12K As Wall Street Tumbled: Crypto Market Watch

Bitcoin finally made a move in the past 24 hours and surged to a new 7-week high of over $11,800. Interestingly, BTC’s price increase contrasted with the US stock markets as the three most prominent indexes closed yesterday’s trading session with serious losses. Bitcoin Spikes To $11,820 CryptoPotato reported yesterday that Bitcoin had remained relatively calm in the past several days, despite recent negative news. The popular digital asset exchange OKEx suspended withdrawals...

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Bitcoin Skeptic Peter Schiff’s Bank Investigated for Allegedly Serving Top Criminals

Peter Schiff may hate Bitcoin for having no value and being the money of criminals. Still, his bank Euro Pacific Capital is not without its sins either. A joint investigation by the tax authorities of Australia, the Netherlands, Canada, the United Kingdom, and the United States has Peter Schiff’s bank targeted for allegedly facilitating tax evasion and offering its services to known multinational top criminals. Screenshot of Euro Pacific Capital’s main site, with a picture of...

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Filecoin Plunges 80% in 4 Days While Miners Suffer the Most

Filecoin’s history has been turbulent since its creation in the early days of the crypto-verse. But investors can probably agree that nothing resembles what happened last week. Filecoin Traders Had a Hard Week… Speculators are having a rough time. The token initially had a brief and sudden rise of more than 100% immediately after its launch. Traders, analysts, and Filecoin fans were debating everywhere about the project’s fundamental value and how it could revolutionize the...

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Report: DeFi Was Bullish for Ethereum While Bitcoin’s Volume Decreased In Q3-2020

Cryptocurrency trades have steered clear from Bitcoin trading during Q3 2020, said eToro’s quarterly report. In contrast, the multi-asset brokerage platform revealed that some larger-cap altcoins, such as TRON, EOS, BNB, and Tezos, had experienced double- and even triple-digit trading volume surges. Cryptocurrency Trading Changes On eToro In Q3 The popular platform published its latest quarterly report earlier this week, examining several crucial developments within the...

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Bitcoin Whales Slow Down Following Months of Accumulations: What About BTC Price?

A recent report indicated that the number of Bitcoin whales has started to decrease following months of increased accumulation. Contrary to most expectations, history shows that retail investors are typically taking advantage of similar conditions, which could signify the beginning of a new run-up. Bitcoin Whales Accumulation Slows Down Bitcoin whales are considered addresses that own at least 1,000 BTC. As CryptoPotato reported previously, the number of such entities has...

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Flippening: Crypto Decentralized Exchanges Grew More Than Centralized Ones In Q3 2020

In the latest report summarizing the Q3 2020 developments in the cryptocurrency field, CoinGecko has classified the outcome as the “summer of decentralized finance (DeFi).” The popular data aggregator noted that the top-performing decentralized exchanges saw (DEX) massive growth in terms of trading volume resulting in reducing the market share of centralized exchanges (CEX). DEX Are On The Rise CoinGecko’s report emphasized on the developments within the decentralized finance...

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Bullish Weekend: Crypto Market Cap Gains $4 Billion, Bitcoin Awaiting Next Move

Bitcoin has overcome the recent price dip beneath $11,300 and currently hovers around $11,400. Most alternative coins have displayed relatively strong performances and the total market cap increased over the weekend. Bitcoin Back To $11,400 Bitcoin traded around $11,350 yesterday after a calm 24-hour period despite potentially impactful news coming from the popular cryptocurrency exchange OKEx. As CryptoPotato summarized, the platform suspended withdrawals after its founder...

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Central Bank of Spain To Prioritize the Design and Study of a CBDC

The Central Bank of Spain published its Strategic Plan for 2020-2024, describing the objectives and strategies it will follow to boost its economy and adapt the country’s finances to the requirements of the modern era, and a CBDC is one of its priorities. The digital world is stealing the attention of the Spaniards. In its “Analysis and research priorities for the Banco de España: 2020-2024“, the Central Bank said it will prioritize the study of the legal, technological and...

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Warren Buffett Will See His Wealth Hyperinflate While Bitcoin Price Does 40-80x, Says Max Keiser

Popular TV host and long-time Bitcoin proponent Max Keiser believes that futures traders suppress Bitcoin’s price at current levels. However, once the asset explodes to Keiser’s intermediate target at $28,000, BTC’s amount for sale will evaporate as governments and institutions will purchase directly from miners. Keiser: Governments And Institutions Will Rush To Buy BTC Keiser recently tweeted that “the (temporary) Bitcoin price suppression scheme is a godsend for poor people...

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