After hacking a major New York-based law firm, the cryptocurrency-demanding hacking group called REvil has threatened to auction off sensible documents starting from July 1st of celebrities such as LeBron James, Mariah Carey, and Nicki Minaj.REvil To Sell Stolen Documents?CryptoPotato reported in mid-May that the infamous hackers’ group attacked a law firm called Grubman Shire Meiselas & Sacks representing numerous celebrities and large companies in the entertainment business. REvil...
Read More »Users Can Now Buy Bitcoin with Cash in Australia Post Offices
Recent reports have it that Australians can now pay for BTC at the country’s Post offices. This is a result of a newly formed partnership between Australia Post and the local cryptocurrency exchange Bitcoin.com.au.BTC At Australian Post OfficesIt was recently reported that Australia Post and the country’s local cryptocurrency exchange Bitcoin.com.au entered into a partnership. This will result in the opportunity for people to use cash and EFTPOS payments to buy BTC directly from the post...
Read More »$1 Billion Bitcoin Options Expire On Friday: Upcoming Showtime For BTC Price?
The notional value of Bitcoin options contracts set to expire tomorrow has reached a new record by exceeding $1 billion. With such a massive amount, the question remains how and if it will impact the price of the primary cryptocurrency.BTC Option Contracts To The MoonAs CryptoPotato reported shortly after the mid-March panic sell-offs, Bitcoin options trading volume was declining, especially on regulated exchanges. However, the tide has turned since then, according to the cryptocurrency...
Read More »Bitcoin Price Analysis: BTC’s Plunge To $9000 On Markets Collapse – Now This Level Becomes The Most Critical
Two days ago, when everyone was bullish watching Bitcoin’s astonishing move breaking above the $9400 towards the $9800 in a matter of hours, we mentioned the importance of the $9800 level.That level created another touch in the descending trend-line, which is marked yellow on both charts below. This was the ninth (!) attempt to break that tough resistance. Guess what? Nine attempts – zero success (aside from the fake-out on June 1st).When you don’t score, the other team will. And when Bitcoin...
Read More »The Reason for Today’s Bitcoin Price Drop? Huge BTC Flow From Miners to Exchanges
Bitcoin suffered a 3% price drop on Wednesday, coinciding with the largest flow of BTC from miners to exchanges in over a year.BTC Flows From Miners to ExchangesThat’s according to data from blockchain analysts at Glassnode, which showed a huge transfer of 2,650 BTC going from Bitcoin miners to the Bitfinex exchange on Tuesday. Seen below, that equates to the largest transfer of BTC from miners to exchanges since March 26, 2019.The last time such a large volume of BTC moved from miners to...
Read More »Jack Dorsey’s Bitcoin-Friendly Square Accused of Unfairly Withholding 30% Of Customers’ Funds
Crypto-friendly payments company Square recently started withholding a significant portion of its clients’ money as businesses continue to struggle to stay afloat in the ongoing pandemic, mainstream media reported.The firm, led by Bitcoin enthusiast and Twitter founder Jack Dorsey, said in its announcement on Tuesday that the move is an effort to protect them against “risky” transactions and customers who demanded refunds after payment.“We apply reserves on more ‘risky’ sellers, such as those...
Read More »PayPal Has Spent the Last Decade Marketing Bitcoin But Not How You Think
Reports started circling lately, that PayPal, one of the world’s largest online payment processors, will allow users to buy and sell cryptocurrencies, including Bitcoin.Regardless of whether that’s going to come to fruition, PayPal has spent the last decade marketing Bitcoin in a fairly decisive manner.PayPal and BitcoinEarlier this week, crypto-oriented media CoinDesk broke the news that fintech giant PayPal intends to roll out direct sales of cryptocurrency to its userbase of more than 325...
Read More »Uber Investor Jason Calacanis: Bitcoin’s 3x Trading Range is a Good Thing
In a recent podcast with Anthony “Pomp” Pompliano, the American entrepreneur and angel investor Jason Calacanis said that Bitcoin has been performing quite stable and promising lately. As such, he was even contemplating purchasing portions of the primary cryptocurrency.Calacanis: BTC’s Volatility Is Well In BalanceAs a former blogger, Calacanis founded Weblogs Inc in 2003 – a startup supported by an angel investment from billionaire Mark Cuban. After selling the project to AOL, Calacanis...
Read More »Max Keiser on Bitcoin: The Only Way for Black America to Gain Individual Sovereignty
Max Keiser of RT news told viewers of the latest episode of the Keiser Report that the only way for black America to gain individual sovereignty is through saving money in Bitcoin.Max Keiser: Black America and BitcoinKeiser referenced the 2019 non-fiction book by Isaiah Jackson, titled Bitcoin and Black America, which claims to explore the synergy between black economics, Bitcoin and blockchain technology. Keiser summarized one of the book’s core messages, stating:“Black America will never be...
Read More »Novogratz: Bitcoin Price To Reach $20,000 As Fed Prints and Buys Too Many Dollars
Former Wall Street hedge fund manager and prominent investor Mike Novogratz recently said that Bitcoin could break the coveted $10k mark soon and jump to $20,000.He also noted that the digitalization of money had begun worldwide, and the US needs to catch up with other nations such as China.Bitcoin To $20K, Says NovogratzNovogratz is the CEO of the cryptocurrency investment firm Galaxy Investment Partners and a long-time Bitcoin proponent. In mid-2019, he predicted that BTC would return to...
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