Tag Archives: Bitcoin News

Despite all the economic and financial turmoil in the United Kingdom, bitcoin has not taken advantage of the situation and dropped even further in October, even though that period has historically been bullish for the world’s number one digital currency by market cap. Bitcoin Should Have Risen, but the Opposite Happened October saw the resignation of UK prime minister Liz Truss, who set a record after serving only 44 days in her post. The news brought an onslaught of new...

Martin Walker – a tech expert and finance director at the nonprofit Center for Evidence-Based Management – says the island of Bermuda is taking a huge chance by inviting so many digital currency exchanges and related businesses to set up shop within its borders. Martin Walker to Bermuda: Be Careful! Bermuda is one of the most crypto-friendly regions in the world. The area has virtually little to no regulation when it comes to crypto activity, meaning digital currency and...

In a surprising twist, a new study suggests that the United Kingdom is at the head of the crypto scene in Europe. The study – conducted by blockchain analysis firm Chainalysis – says that the land of tea, crumpets, and top hats is number one when it comes to digital currency activity across the continent. The United Kingdom Is, Well, King! This is an odd situation given that the United Kingdom has not been the most crypto-friendly country. In fact, regulators have sought...

Recently, a list of the top states in the U.S. for cryptocurrency activity and businesses was released, and it looks like the Silver State – Nevada – took the number one position. Nevada Is Number One It’s an interesting scenario in that aside from Las Vegas, Nevada isn’t known for a whole lot. There’s a lot of gambling, liquor, and notorious moments in history involving mafia members and hitmen. One wouldn’t think that a state still composed mostly of desert would be...

In mid-November of this year, the crypto arena was given another massive blow to its ego, and the prices of many mainstream assets fell further. Crypto Prices Just Keep Drooping Overall, it’s believed the crypto space experienced a drop of 11 percent or more. Bitcoin, which had already been dealing with several bearish trends and was at its lowest point in quite some time, experienced a new two-year low and fell into the high $16K range, while Ethereum – which had...

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Bitcoin price started a fresh decline below the $20,000 zone against the US Dollar. The price is now trading below $18,000 and the 55 simple moving average (4-hours). There was a break above a short-term bearish trend line with resistance near $16,920 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could recover, but upsides might be limited above the $17,500 resistance zone. Bitcoin price is struggling below $18,000 against the US Dollar....

Two 20-year-olds – Eric Meiggs of Brockton and Declan Harrington of Rockport – have pleaded guilty to engaging in a scheme that stole at least $500,000 in crypto funds from as many as ten different people. They are now set to be sentenced in a Boston federal court. Eric Meiggs and Declan Harrington Plead Guilty Both Meiggs and Harrington were charged in the year 2019 for running a scheme throughout the United States designed to pluck crypto assets from online accounts...

More than $3 billion in crypto funds have been stolen this year according to a new report issued by blockchain analysis firm Chainalysis. Chainalysis: Crypto Theft Has Reached a New High The crypto space is constantly in a rough spot. There are many people out there that are completely against any sort of regulation, as the crypto space was initially established to give traders and users complete financial independence. No prying eyes, no third parties, just people and...

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