$6 Billion in Fiat is Sitting in Crypto: $10,000 Bitcoin is Possible Without New Monty

It isn’t a secret that millions, if not billions of dollars fled the crypto asset markets in 2018. Blockchain projects liquidated hundreds of millions worth of Ethereum (ETH) from the initial coin offerings, while common Joes and Jills, many of who caught FOMO in late-2018, liquidated their Bitcoin (BTC) holdings in search for greener pastures

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$1.3 Million Bitcoin Scam Swindles Victims in Thailand. Are Tougher Crypto Regulations Necessary?

alarm ICO crypto bitcoinA virtual bitcoin mining farm in Thailand has allegedly scammed users out of 42 million baht (approximately $1.35 million), according to a report in the Bangkok Post.  30 victims have filed a complaint against the company, CryptoMining.Farm. Although police believe the scam may have hit up to 140 individuals. It comes just months after a group of Thai siblings was accused of defrauding an investor of $24 million in bitcoin. Although Thailand is a booming market for cryptocurrencies, is it time for tougher regulations to crack down on scams and frauds? Victims report alleged blockchain mining scam https://t.co/W0dgXJ54j3 — Bangkok

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Bitcoin Hits Highest Volume in 9 Months: Is Crypto Ready to Take Off After Massive Gains?

Bitcoin, bitcoin priceIn the last 24 hours, the valuation of the crypto market increased by $8 billion as the Bitcoin price neared the crucial $4,000 resistance level. Major crypto assets in the likes of EOS, Ethereum, and Bitcoin Cash recorded gains in the range of 10 to 30 percent. Most cryptocurrencies have started to see record high volumes across leading cryptocurrency exchanges, demonstrating an increase in demand for digital assets. What is Causing the Rally and Can Bitcoin Sustain its Momentum? Prior to the rapid price movement of Bitcoin from the mid-$3,000 range to $3,995, one cryptocurrency trader said that the volume

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Indian Government Inaugurates National Cryptocurrency Forensic Lab

Indian Government Inaugurates National Cryptocurrency Forensic LabThe government of India has inaugurated a national cyber forensics lab which includes a cryptocurrency forensic lab to perform crypto-related analyses. Alongside this is the inauguration of the Delhi Police’s cybercrime unit which will deal with fraud involving cryptocurrencies. It is the first cybercrime awareness and detection center in the country, according to a commissioner. Also […]

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Bitcoin Price Watch: Chances of Much Larger BTC Bullish Breakout

Bitcoin price surged and broke the $3,720 and $3,880 resistance levels against the US Dollar. The price traded close to the $4,000 resistance level and a new weekly high was formed at $3,955. There is a connecting bullish trend line formed with support at $3,800 on the hourly chart of the BTC/USD pair (data feed

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Another ‘Satoshi’ Steps Out of the Woodwork, Calls Craig Wright a Liar

Another Satoshi Steps Out of the Woodwork Calls Craig Wright a LiarOn Feb. 8, the chief executive of Nchain, Craig Wright, wrote a blog post that purportedly described his experience of creating Bitcoin. Wright’s essay states “I was Satoshi” but throughout the story, he refuses to reveal his keys. It’s not the first time Wright has claimed to be Satoshi, but in the comment section of […]

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Indian Police Arrest ‘Cashcoin’ Gang Accused of Scamming Millions From Investors

Police in India Arrest Gang Allegedly Involved in Crypto Scam After Investors Were Duped out of Millions With 'Cashcoin'Police in Mumbai have busted a gang allegedly involved in a cryptocurrency scam that amassed an estimated 1 billion rupees (nearly $14 million). The gang targeted people by launching a cryptocurrency called Cashcoin and sold it to investors, promising to double their money.  Also Read: Indian Blockchain Summit Draws Policy Makers to Speed up Crypto Regulation  […]

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Drivechain Creator’s Latest Paper Sparks Debate Over Bitcoin’s Future Security

Drivechain Creator's Latest Paper Causes Debate About Bitcoin's Future SecurityDrivechain developer Paul Sztorc has the cryptocurrency community riled up over his latest blog “Security Budget in the Long Run.” The essay discusses the economics of BTC network fees over a long period of time and suggests rather than giving up the fees to competition, a dominant protocol should collect fees “from all networks.” Also […]

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Crypto Market Round-Up: Another Bitcoin Break Near $4000 or Are The Bulls Rushing the Gate?

Bitcoin, cryptocurrencyBitcoin is over $3900 globally, though many exchanges still have it trading closer to $3850. Ethereum’s broken beyond $140, might take $150 before the day is through. Bitcoin Cash is right behind it. It’s green everywhere you look. Even Bitcoin SV is on the rebound, resting at $68 after $155 million in trades. Of the top 100 cryptocurrencies, only 4 were showing a negative 24-hour change. One was Paxos Standard. We should expect a high amount of conversions to be going on with stablecoins today, a lot of turbulence in the market capitalization, as people get their money into various

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