Tag Archives: btcusdt

Popular American economist Nouriel Roubini took it to Twitter to once again bash Bitcoin. This time, his criticism was set off by a phishing scam that saw a podcast owner lose his BTC savings.Nouriel Roubini Bashes Bitcoin… AgainAccording to the popular American economist and well-known nocoiner Nouriel Roubini, also commonly referred to as “Dr. Doom” by the crypto community, billions are lost every day to “scams and crypto robberies.”He asserted that there is “zero security” in the...

On June 10th, the host of the Protocol Podcast, Eric Savics, lost all of his Bitcoin savings in a tragic mistake.After asking the community for help in any possible way of retrieving his holdings, he also did a plea to whoever took his BTC to return at least some of it, leaving his wallet address in the thread.What followed was a humbling example of the community’s solidarity.Podcast Owner Loses His BTC To a Phishing ScamEric Savics shared his story on how he recently lost his 12 BTC – a...

One of Wall Street’s largest banks, JPMorgan Chase, has outlined in a recent analysis that Bitcoin’s 2020 performance demonstrates the asset’s growth and maturation. The paper also notes the compelling correlation the primary cryptocurrency is exhibiting with global equities.JPMorgan: Bitcoin MaturesThe JPMorgan Chase analysis cited by Bloomberg examined the performance of Bitcoin and other assets since the start of the year. More precisely, it reviewed their performance during the mid-March...

Quick recap: Last Thursday saw another failed attempt to break the $10,000 mark. Shortly after, followed by the fatal drops of the global markets, Bitcoin found its value recording a daily low near $9K, almost $1000 intraday price move.This is not what the Bitcoin bulls prayed for: Together with the drop, was the idea of the positive correlation between Bitcoin and the markets.That correlation faded away over the past months, but as we could see, when heavy investors are selling off (Wall...

The New York-based non-profit organization Human Rights Foundation (HRF) is up to an innovative way of helping human rights activists, journalists, and organizations through the power of Bitcoin. The institution launched a fund, aiming to help software developers in building a more secure network for the digital asset.Privacy-Focused Bitcoin ProjectsIn a recent press release, HRF announced that the project will promote human rights on a global scale. The funds which will be collected should...

According to a set of leaked documents, the Canadian cryptocurrency exchange Coinsquare was practicing wash trading. This is the practice of creating artificial or “fake” positions to prop up the value of the trading volume on the exchange.Coinsquare Wash Trading ImplicationsA recent report revealed that a set of leaked emails, files, and slack chats, implicate the Canadian cryptocurrency exchange Coinsquare in wash trading.Wash trading is a practice where an investor simultaneously sells and...

Recent data indicates that the number of Bitcoin whales (containing more than 1,000 BTC) has grown by nearly 9% in the past year. Interestingly, even after the completion of the third halving, whales continue to accumulate, which contradicts with their past performance.BTC Whales On A Shopping SpreeData provided by the monitoring company Glassnode displays the yearly performance of Bitcoin whales.Bitcoin Whales (Addresses With Over 1,000 BTC). Source: GlassnodeThe number of BTC addresses...

According to Samson Mow, Chief Strategy Officer of Blockstream, Craig Wright’s lawyers have been sending out letters regarding Craig Wright’s Tulip Trading Limited revealing that access to two of Wright’s Bitcoin addresses has been compromised.This puzzling assertion comes amid a legal battle between Wright and the Kleiman estate, during which Wright has claimed that he is Satoshi Nakamoto, inventor of Bitcoin, but will not pay the Kleiman estate the 1.1 million Bitcoin which they feel they...

At this point, it seems like $10,000 indeed is a coveted level for Bitcoin bulls. Another week passed, and we saw yet one more failed attempt to reclaim this level.Interestingly enough, it happened minutes after the US Federal Reserve concluded its two-day June meeting, confirming near-zero interest rates for the short- and medium-term. In light of the news, Bitcoin’s price shot up to $10,000, where it was met with strong resistance, and it dropped almost immediately.The following day,...

More than a year after the sad end of Canadian cryptocurrency exchange QuadrigaCX, a new investigative report published by Ontario’s securities regulator reveals that the exchange had gone rogue long before the co-founder was pronounced dead in India.QuadrigaCX was one of Canada’s largest exchanges until late 2018 before the sudden passing of its co-founder and CEO Geral Cotten. The company then claimed only Cotten had access to the private keys of the exchange’s cold wallets, which held some...