Tag Archives: News

According to a new report issued by Whale Alert, approximately $24 million in crypto funds have been stolen from people by bitcoin scammers during the first half of 2020 alone.Whale Alert: Scammers Have Made Off with a Lot of BTCBitcoin is a hardcore financial tool that can lead to a lot of positive change. For one thing, it can ensure that the entire financial market is decentralized, meaning it will take control out of traditional financial institutions and place it back in the hands of...

A bitcoin-based blockchain company called Bitxoe is looking to establish a new product that will make BTC transactions much safer and more secure for users.Bitxoe Is Making BTC SaferOne of the biggest concerns surrounding the bitcoin market today is a lack of safety. Many exchanges and wallets have been attacked and robbed, with hackers making off with sometimes millions of dollars in crypto funds. In addition, many of these platforms often do not offer insurance, and as a result, the...

Early yesterday, Pfizer announced that the early phases of its new coronavirus vaccine bore positive results. The stock market has since shot up following the news, while bitcoin has also recently jumped up to the $9,400 range from $9,200.Bitcoin Is Exploded Following Vaccine HopeThe coronavirus has been one of the biggest global pandemics in recent history, as many countries throughout the world – not just some contained to a certain area or continent – have been affected. Regions of Asia,...

The Commodity Futures Trading Commission (CFTC) says it is having trouble locating a man named Benjamin Reynolds, a person allegedly responsible for a bitcoin theft of $147 million or more.The CFTC Is Trying to Find an Alleged Scammer That’s MIAReynolds first initiated the scam in 2017. As the director of the cryptocurrency investment firm Control Finance in the United Kingdom, Reynolds initially sought to get people on board by guaranteeing returns of 45 percent or more on whatever they...

Dogecoin has been spiking hard all week, and crypto analysts everywhere are desperate to find out why.Why Is Dogecoin Pumping So Wildly?The currency initially began as a joke – a rival of bitcoin that was never designed to be taken seriously. After all, the asset’s mascot is a cute little Shiba Inu, not the hardcore dollar sign-shaped B that has become so synonymous with bitcoin.However, something strange has been happening with the currency, which was declared to have a $1 billion market cap...

Robert Kiyosaki, the author of “Rich Dad, Poor Dad” is back at it again with his praise of bitcoin, the world’s number one cryptocurrency by market cap.Robert Kiyosaki: Forget About Houses and GoldIn an interview conducted by top bitcoin investor and enthusiast Anthony Pompliano – who just last week convinced comedian Bill Burr to purchase BTC for the first time – Kiyosaki explained to listeners that gold and real estate no longer hold powerful sway in the United States, and that investing in...

Controversial anti-virus mogul John McAfee is releasing his new Ghost Cell Phone Data Service in line with his recently released Ghost Coin.John McAfee to Release Privacy-Centered PhoneLike the currency, the phone plan is established with untraceable technology, meaning anyone who uses it cannot be tracked. They will allegedly remain completely anonymous, and their private data will not be vulnerable to outside parties or prying eyes. The phone features a 4G data service and will launch this...

Some analysts are warning that the Lightning Network is becoming a frequent target for thieves and hackers.The Lightning Network Is Open to AttacksThe Lightning Network is a new platform designed to assist bitcoin and make it faster by processing several small transactions off-chain. As bitcoin is the biggest and most popular blockchain in the world, it is often bogged down by the amount of activity it witnesses. It has slowed down heavily over the years, resulting in too much traffic and...

For all everybody’s been talking about bitcoin as of late, it looks like gold is on the verge of getting just as much attention.Gold Is Potentially Outdoing BTC in a WayBitcoin and gold are often compared with one another. Bitcoin, playfully referred to as “digital gold” by crypto enthusiasts, is often cited as having aspects and traits that are similar with the precious metal in the sense that it can be used to hedge one’s wealth against inflation and other economic problems, but while...

Bitcoin cash price is currently facing a strong resistance near the $245 level against the US Dollar.The price is currently correcting lower and approaching the $230 support zone.There is a major bullish trend line forming with support near $230 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair must stay above the $230 support to make another attempt to clear the $245 resistance.Bitcoin cash price is correcting gains from the $245 hurdle against the US Dollar....