blockchain

Two Austrian Nationals Arrested for Organizing Escape for Interpol’s Most-Wanted Former Wirecard Exec

Two Austrian men have been arrested by the police in Vienna for allegedly helping former Wirecard COO Jan Marsalek to escape from the law in Belarus after masterminding a $2.4 billion corporate fraud. The two men, one who is a former senior agent in the Austrian secret service and the other a former right-wing politician […] …

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Experts Weigh In On The Possibility Of Bitcoin Facing A Monumental Crash This Year

The Bitcoin price upsurge has been a surprise to many people. Many are still anxious, waiting for the other shoe to drop, and think that the Bitcoin price will crash in 2021. A few experts shared with us what they think will happen to the Bitcoin market this year. Chad Elwartowski First Seasteader Ocean Builders […] …

blockchain

World Economic Forum to host cryptocurrency discussions at Davos this week

The International Organization for Public-Private Cooperation has been vocal about its stance on the burgeoning crypto market.
The post World Economic Forum to host cryptocurrency discussions at Davos this week appeared first on CryptoSlate. …

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Sharia-compliant exchange, CoinMENA prepares for launch with Bahrain license

TL;DR Breakdown: A Sharia-compliant exchange CoinMENA has received a license from Bahrain central bank for launch. The exchange will serve both institutions and retail investors in MENA. A new digital currency exchange, CoinMENA, is set for launch in Bahrain after receiving a virtual asset license from the country’s central bank. The soon-to-launch exchange aims to […] …

blockchain

After brief cheers, U.S. banks are back to bashing Bitcoin again

Some US banks have restarted their outrage against Bitcoin even as others have warmed up to the asset in the past year.
The post After brief cheers, U.S. banks are back to bashing Bitcoin again appeared first on CryptoSlate. …

blockchain

MicroStrategy just added $10 million in BTC to its billion-dollar Bitcoin bags

They say dips are for buying, and that’s the approach being taken by one NASDAQ listed software firm.
The post MicroStrategy just added $10 million in BTC to its billion-dollar Bitcoin bags appeared first on CryptoSlate. …

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What can invalidate the short-term bear scenario for Bitcoin?

The price of Bitcoin is showing strong momentum as it recovers above $33,000 following a relatively large correction on January 12.
The post What can invalidate the short-term bear scenario for Bitcoin? appeared first on CryptoSlate. …

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UK police appoint Komainu to custody seized cryptos

TL;DR Breakdown: Komainu has been appointed to provide custody service for cryptos seized by UK police. The development will help the police to properly handle cases involving crypto. The UK law enforcement authority has entered a new agreement with an institutional-grade crypto-assets custodian, Komainu, to store digital currencies confiscated during the course of investigations. As […] …

Over $100 Billion Wiped off the Market Cap as Bitcoin Slided Beneath $29,000 (Market Watch)

The crypto market cap has lost nearly hundreds of billions in a few days as bitcoin and most altcoins have dumped by double-digit percentages. …

blockchain

30 Japanese arrested over NEM token stolen from Coincheck in 2018

TL;DR Breakdown: Thirty people from Japan have been charged for exchanging NEM tokens allegedly stolen from Coincheck. The suspect used a dark web platform to swap the cryptos before cashing out to their accounts. The Japanese authorities have arrested a group of persons who were caught exchanging NEM tokens, which were allegedly stolen from the […] …

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FinCEN’s crypto wallet regulations frozen by President Biden

TL;DR Breakdown Joe Biden orders all federal agencies to suspend all regulatory processes. FinCEN had earlier proposed that all crypto wallets enforce KYC rules. Members of the crypto community show support for the new President’s order. United States President, Joe Biden, has ordered all federal agencies to suspend all regulatory processes for the next 60 […] …

blockchain

Saudi Arabian expert says Bitcoin is a first-class speculation tool

TL;DR Breakdown: Saudi Arabian expert called Bitcoin a first-class speculation tool The expert said cryptocurrencies could have a place if the prices are determined by the central banks. The leading digital currency, Bitcoin (BTC), faced a lot of objection during its early stage of development. However, the cryptocurrency has managed to break records with its […] …

blockchain

Pornhub adds new cryptos for payment, sixteen in total

TL;DR Breakdown Pornhub has added support for more cryptocurrencies, including XRP and BNB. In total, the company now supports about sixteen digital currencies. Pornhub, the popular adult entertainment platform, is apparently going all into digital currencies for payment. To ensure the privacy of users probably, Cryptopolitan reported that the website had recently defaulted cryptocurrencies as […] …

blockchain

Bitcoin Cash price prediction: BCH correcting to $460, analyst

TL;DR Breakdown Bitcoin Cash price prediction expects a correction to $460. Strong resistance currently lies at the $525 mark. Strong support currently lies at the $495 mark. The Bitcoin Cash price prediction by the Trading View analyst Erik Dobra shows that the cryptocurrency’s price will complete the ongoing price correction and fall towards the $460 […] …

blockchain

Bitcoin price dips below $35,000 as crypto market shrinks by $50 billion

TL;DR Breakdown Bitcoin price dips below $35k. The market cap of the industry drops by close to $50 billion. In the last 24 hours, Bitcoin price rallied up to $38k before dipping below $35k. The crypto asset’s inability to maintain its upward movement led to a drop in the coin’s dominance, which affected other altcoins, […] …

blockchain

Hong Kong crypto trader loses $450K USDT at knifepoint

TL;DR Breakdown: A female crypto trader in Korea lost over $450K to robbers after a transaction with a buyer. Another trader had faced a similar situation earlier this month. A report today by AsiaOne reminds us why person-to-person crypto transactions of large amounts can be risky. A female crypto trader was recently robbed of over […] …

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The Foundation for Economic Education Announces Two Major Gifts from Bitcoin.com Founder Roger Ver

19th January 2020, St Kitts & Nevis & Atlanta – The Foundation for Economic Education (FEE.org) announced today that Bitcoin.com founder and early cryptocurrency investor Roger Ver has made two gifts totaling $2,000,000 in Bitcoin Cash (BCH) to support FEE’s work in advancing individual liberty and educating students around the world on the moral and […] …

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Ethereum all-time high is finally here: ETH hits $1400

TL;DR Breakdown Ethereum all-time high has finally hit the charts at $1430 and rising. Ethereum price started climbing after 7:30 AM GMT. Ethereum all-time high is likely to push the price to new highs. The wait is over, the much anticipated Ethereum all-time high has finally formed and the queen of cryptocurrency is breaking new […] …

blockchain

Bitcoin Cash price prediction: BCH to hit $600 again, analyst

TL;DR Breakdown Bitcoin Cash price prediction expects a retest to $600. Strong resistance lies at the $530 mark. Strong support lies at the $500 mark. The Bitcoin Cash price prediction by Blurry Face Nobody shows a price ascension towards the $611 mark. The analyst believes that cryptocurrency will break above an up-channel in the long-term […] …

blockchain

Maps.me Completes $50 Million Round for DeFi Integration

Maps.me, a travel and mapping application, has announced a successful funding round as it looks to integrate the travel world with decentralized finance (DeFi). The […] …

blockchain

Bitcoin Cash price prediction: BCH to cross $640, analyst

TL;DR Breakdown Bitcoin Cash price prediction expects a rise to $640. Strong resistance lies at the $505 mark. Strong support lies at the $470 mark The Bitcoin cash price prediction by Master Shark suggests an upward breakout of a triangle pattern. The analyst believes that the cryptocurrency is set for a long-term move past the […] …

blockchain

Chainlink price reaches ATH

TL;DR Breakdown Link and other altcoins have enjoyed enormous growth since the beginning of the year. Bitcoin price has been hovering between $30k -$40k since last week. Chainlink native token, LINK, and other altcoins have gained massively since the beginning of the year. Bitcoin is, however, currently taking a hiatus. In the last 24 hours, […] …

blockchain

This company is bringing DeFi to 140 million users thanks to a $50 million round of venture capital

Alameda Research, the company behind the FTX exchange, has led a funding round that raised $50 million to create a DeFi ecosystem on Maps.me, an offline mapping application.
The post This company is bringing DeFi to 140 million users thanks to a $50 million round of venture capital appeared first on CryptoSlate. …

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Breaking: Crypto Exchange Livecoin Announces Closure After Failing to Resolve Issues Post Hack

Livecoin, one of the largest Russian exchanges just announced that it will be closing down operations. The official announcement noted that the exchange could not recover from the financial and technical losses incurred due to a hack in December 2020. Thus they have decided to seize their operations and return the remaining funds to their
The post Breaking: Crypto Exchange Livecoin Announces Closure After Failing to Resolve Issues Post Hack appeared first on Coingape. …

Bitcoin Price Battles for $36K As Market Cap Reclaims $1 Trillion (Market Watch)

The crypto market cap reaches $1 trillion again as BTC recovered from its weekend slump, while BNB and LINK paint new records. …

blockchain

CBDC: Central Banks will do all to frustrate Bitcoin

TL;DR Breakdown Frank Giustra says that governments would stifle Bitcoin growth because of their CBDC projects. China launches a Digital Yuan ATM. Billionaire investor, Frank Giustra, has said that governments and central banks in the world will do all they can to stifle the growth of Bitcoin. In an interview with Daniella Cambone of Stansberry […] …

blockchain

Mizuho Forecasts $2 Billion In Bitcoin Revenue For PayPal

Paypal introduced cryptocurrency to its platform last year in what turned out to be a major headliner in the world of crypto. Analysts predicted that the decision of the world’s largest payment processor to enable its users to buy and hold cryptocurrencies will provide the turning point required for crypto to go mainstream. By launching […] …