Chinese Authorities Confiscate $15 Million in Cryptocurrencies, Arrest 10 Scammers
Chinese authorities have seized cryptocurrencies worth about $15 million while bringing down a scam involving fake Huobi tokens. In addition, ten people were arrested while luxury cars and real estate were confiscated. The police in [...]
Japanese Broker Monex Launches Crypto-Based CFDs With 2x Leverage
The Japanese online securities company Monex has revealed the launch of cryptocurrency-based contract-for-difference (CFD) services that went live on Wednesday. The new derivatives products offered by Monex will include bitcoin, XRP, ether, and bitcoin cash [...]
Crypto Research Firm Identifies 3 “Big” Bitcoin Bull Run Catalysts
When analyzing Bitcoin, many investors cast aside fundamentals and only focus on the price action. Hence, as the cryptocurrency market has stalled over the past two months, data has shown that the market has grown [...]
Bitcoin “Compression” Fractal from 2019 Hints Big Breakdown Ahead
Bitcoin is at risk of undergoing a significant breakdown as it consolidates inside a compressive technical pattern. The analogy surfaced as an analyst compared Bitcoin’s latest trend with the one from 2019. He noted that [...]
Malaysian Shariah Council Permits Cryptocurrency Investing and Trading
The Shariah Advisory Council of Malaysia’s securities commission has advised that it is permissible to invest and trade cryptocurrencies on registered crypto exchanges. About 60% of the country’s population are Muslims who have been reluctant [...]
Poor Weekly Jobless Claims Hint at Another Bitcoin Price Plunge
Bitcoin rally came under the threat this Friday as the number of Americans filing for unemployment claims remains elevated. That, combined with a rising number of COVID cases amid reopening efforts, led the US stock [...]
Fueling the Cannabis Industry: US Crypto Lending Service Files for Regulated Token Sale
Chicago-based lending firm Ceres recently filed for a request to conduct a Reg. A sale in order to get approval from the U.S. Securities and Exchange Commission (SEC). Ceres wants to launch a token that [...]
How Bitcoin Outperformed Both the S&P 500 and Nasdaq in First Half 2020
Despite major setbacks from the Black Thursday market collapse, the cryptocurrency market and Bitcoin had a strong H1 close. The leading crypto asset by market cap also beat the best performing stock market index by [...]
Why PayPal’s Upcoming Crypto Service is a Big Deal
Recently, rumors that PayPal is looking to begin offering cryptocurrency direct-sales began making headlines after insiders from the company, in addition to recent job postings looking for blockchain experts highlighted its renewed interest in cryptocurrencies. [...]
South African Crypto Investment Company Issued Cease And Desist Order In Texas
The Texas State Securities Board (TSSB) issued a cease and desist order Wednesday against on Mirror Trading International (MTI), Forexandbitcoin.com and four individuals involved in a multi-level marketing scam.Out of the four individuals, Cornelius Johannes [...]
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