Tag Archives: btcusdt

After fighting a legal case for two years, America’s largest bank, JPMorgan Chase will pay $2.5 million to settle a class-action lawsuit over extra fees on cryptocurrency purchases. In 2018, the plaintiffs – Brady Tucker, Ryan Hilton, and Stanton Smith – filed the lawsuit against JPMorgan in a Manhattan federal court, accusing the bank of charging customers additional fees in the form of cash advances for crypto purchases made with Chase credit cards.  JPMorgan Secretly Updated T&CThe...

Over the past days, the Bitcoin price is seeing only one direction, which is in favor of the Bulls. The coin that was trading for $8600 just five days ago is now aiming to re-target the $10K mark. However, will it be so easy?On our most recent BTC analysis from Friday, we pointed out a critical descending trend-line, which started forming once Bitcoin reached the $10K mark for the first time this month (May 7).On both the 4-hour and the following daily chart, you can see this line marked by...

The University of Sussex recently published a paper regarding the performance of Bitcoin and gold during the COVID-19 pandemic. The research team behind the project believes that both assets failed to serve as safe-havens, primarily because of significant market manipulations.Bitcoin And Gold Failed In The 2020 Crisis?The sudden outbreak of the COVID-19 pandemic earlier this year prompted numerous disturbances in everyday life and in financial markets. March alone was among the worst trading...

Fraudulent projects within the cryptocurrency field are occurring rather often, and the latest one comes in the form of Bitgrin (XBG), according to a recent report. It reads that the project creator has minted 5 billion tokens while advertising that the total supply is capped at 21 million.Bitgrin’s Creator Scammed Investors?Bitgrin launched as a fork of Grin and advertised itself as a “magically private cryptocurrency.” Interestingly, it has similarities with Bitcoin as both are set to have...

Bitcoin investors have been transferring their assets outside of specific exchanges lately, new data shows. Ultimately, the BTC balance on platforms has reached its lowest point in over a year by decreasing with more than 320,000 coins since Black Thursday.Bitcoin HODLers Mentality On The RiseDuring the notorious Black Thursday event in March, when most cryptocurrency assets lost substantial portions of their value, investors – especially short-term holders – transferred sizeable shares of...

Another week has passed, and it has been nothing short of exciting on the cryptocurrency market. Bitcoin went on to lose a serious chunk of its value as it plunged below $8,700 only to recover a few days later and touch $9,600. However, BTC is relatively indecisive over the past couple of days as it got rejected at that level, and it’s currently trading slightly below it around $9,400. If Bitcoin can climb back above this important resistance level, it may take another shot at the coveted...

The latest debacle of social media giant Twitter flagging tweets of the US President Donald J. Trump resulted in the draft of an executive order on Preventing Online Censorship. If anything, this highlights one of the core principles behind Bitcoin’s technology – censorship resistance.Twitter Flagging President Trump’s TweetsThe riots in Minnesota’s largest city, Minneapolis, escalated yesterday as entire buildings were set ablaze following the death of George Floyd – an African American who...

Less than a week ago, the Government of the United Kingdom ‘unlocked’ £150 million from dormant accounts to help tackle the coronavirus pandemic. While it may look like a noble act on the surface, in reality, it reveals that governments, in collaboration with banking institutions and regulations, can easily lay a hand on private property.UK Seizing £150 Million From a Dormant AccountAccording to an official announcement on the website of the UK Government, authority “unlocked” £150 million...

Since breaking above the $9000 mark on Wednesday, Bitcoin sees only one way. The primary cryptocurrency climbed the resistance stairs and now about to reach a critical resistance trend-line.Bitcoin Bulls Are Back, Until When?As we mentioned here a few days ago, there is no better time to long Bitcoin than when everyone on crypto-twitter is bearish. The majority is almost always wrong in trading.Back to Bitcoin: After an impressive rally and consolidation at the first resistance zone of $9200...

If you were into Bitcoin and crypto for at least five years, the name Chris Dunn would probably sound familiar to you.The 35 years old Texas boy was one of the first crypto YouTubers. As of writing these lines, his popular channel has more than 200,000 subscribers since its first uploaded video, somewhere in 2013.Personally, I learned a lot about crypto and trading from Chris; that’s why I was eager to interview him for CryptoPotato.In the following interview, Chris Dunn shares his attitude...