Archiv für September 2019
64% of Tether is Used For Fake Trading
The Blockchain Transparency Institute (BTI) has collected the evidence for a long-running suggestion – that Tether (USDT) is used deliberately to sway crypto markets. Wash trading was noted in 64% of all trading activity. 34% of Tether Trading is Genuine Recent research conducted by the Blockchain Transparency Institute has identified some alarming figures regarding the…
WeiterlesenBank of Ireland Officials Set to Appear in US Court
Officials of the Bank of Ireland (BOI) are set to testify against a principal actor in the alleged OneCoin crypto Ponzi scam before a U.S. court. BOI Employees to Point the Finger at OneCoin Principal Actor According to FinanceFeeds, four past and present employees of the BOI will serve as witnesses for the U.S. government…
WeiterlesenBitcoin at $6,500 Predictions Increase as BTC Weakens Over Weekend
A little hopium filled the crypto community over the weekend as Bitcoin (BTC) price attempted a push higher. Sunday saw it evaporate however as all gains were lost again and this morning has been even worse with a fall back below $8,000 again. Analysts are predicting a further 20% dump. Bitcoin Price Fails to Hold…
WeiterlesenBitcoin (BTC) Price Might To Drop To $3000; Here’s How?
Noted YouTube financial markets and cryptocurrency analyst Alessio Rastani in his latest video has talked about the possibility of bitcoin crashing down to $3000. However, he believes that his ‘wildcard BTC price scenario’ has a higher probability of playing out. Euphoria, Anxiety, Denial Rastani began by discussing a very important market metric – the sentiment…
WeiterlesenI Would Tokenize The US Dollar Immediately
Morgan Creek Digital co-founder and serial bitcoin bull, Anthony Pompliano, said that he would tokenize the dollar immediately if he was the US government. This is the only way that it might retain its status as a world reserve currency, he suggested. However, he still thinks that people will ultimately choose bitcoin, as a currency…
WeiterlesenDaily Bitcoin Price Doesn’t Matter, Says Mark Yusko
Morgan Creek Capital Management CEO Mark Yusko says the daily volatility in the bitcoin price shouldn’t matter to investors with long-term views. Short-term Bitcoin Price Action is Irrelevant Speaking to CNBC on Thursday (September 26, 2019), Yusko touched on the current bitcoin price decline, saying: The daily price of bitcoin doesn’t matter. It has been…
WeiterlesenCryptocurrency Might Be Treated as Treasure Under Russia’s Tax Code
Russia might implement an interesting tax method. Local media reported that the Association of Banks of Russia proposes a tax on cryptocurrency mining that is equivalent to the tax on found properties or treasures. In Russia, Bitcoin Regarded as Treasure While it has been often associated with speculators and criminals, the king of cryptocurrency might…
WeiterlesenFormer UBS CEO Runs Crypto Bank
Peter Wuffli, former CEO of UBS, Switzerland’s largest bank, said that he saw tremendous potential in crypto banking. He shared his plans for the crypto space with local media portal swissinfo.ch. Wuffli Leads Crypto Bank What’s more important, Wuffli didn’t just share his expert opinion about the rapidly expanding crypto market but is directly involved…
WeiterlesenBTC Dumps To $8k As Market Trembles
After much anticipation of an explosive move, Bitcoin has finally chosen a direction for the short-term dumping through the asymmetrical triangle support. Current market price rests on $8,100 support but looks poised to drop further. Bitcoin 1-Hour Price Analysis On the 1 hour chart for XBT/USD, we can see the recent break-down that has taken…
WeiterlesenDon’t Panic! The Hitchhikers Guide To Bitcoin Fundamentals
After any significant drop in bitcoin price like we had yesterday, some people can have a tendency to panic. This isn’t helped by mainstream media being far keener to report price crashes than gains. But anyone who has observed the market for longer than the last cycle knows that short term movement is all but…
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