BTC further rejects $10K
Data showed BTC/USD hitting twelve-day lows of $9,485 on Monday. At press time, the BTC price was struggling to find support at $9,500.
The shift lower followed a four-day slide for Bitcoin, which had topped out at $10,500 before seeing considerable resistance in.
Some traders appeared worried, as evidenced by a single deposit onto derivatives giant BitMEX on Monday, which totaled 600 BTC ($5.72 million).
Weekly losses totaled around 3.5% on the day, while monthly performance remained strong at 7% growth.
As we reported, year-to-date returns for Bitcoin investors likewise remain intact at nearly 40%.
Data showed BTC/USD hitting twelve-day lows of $9,485 on Monday. At press time, the BTC price was struggling to find support at $9,500.
The shift lower followed a four-day slide for Bitcoin, which had topped out at $10,500 before seeing considerable resistance in.
Some traders appeared worried, as evidenced by a single deposit onto derivatives giant BitMEX on Monday, which totaled 600 BTC ($5.72 million).
Weekly losses totaled around 3.5% on the day, while monthly performance remained strong at 7% growth.
As we reported, year-to-date returns for Bitcoin investors likewise remain intact at nearly 40%.
While the equity markets are taking a huge hit today, the cryptocurrency market and Bitcoin price are remaining relatively stable over the weekend and into the start of this week. As the stock market pulls back traders will begin to speculate on whether the crypto market will react in a bearish or bullish manner. Is this just the calm before the storm?
One thing to note is crypto trading volume has drained away over the past few days. With volume going down, perhaps this is a signal that a big move will take place in the market soon.
One thing to note is crypto trading volume has drained away over the past few days. With volume going down, perhaps this is a signal that a big move will take place in the market soon.
While the Ethereum network is preparing to start shifting to proof-of-stake (PoS) consensus, some mining devices might soon stop supporting ETH mining at all.
Bitmain’s Antminer E3, once the “world's most powerful” hardware for mining Ether (ETH), will allegedly stop Ethereum mining in April 2020, according to a Feb. 24 report by altcoin mining pool 2Miners.
Bitmain’s Antminer E3, once the “world's most powerful” hardware for mining Ether (ETH), will allegedly stop Ethereum mining in April 2020, according to a Feb. 24 report by altcoin mining pool 2Miners.
Stock Markets Are Falling on News of Coronavirus and Closed Borders 🔥
GOOGL -4.29%
MSFT -4.31%
AMZN -4.14%
AAPL -4.75%
FB -4.5%
TSLA -7.4%
On Tuesday, global stock markets continued to fall from February 19 amid concerns that the Coronavirus could have a wider economic impact than anticipated. Meanwhile, the World Health Organization (WHO) announced Monday morning that a global coronavirus pandemic has not yet occurred, but is quite possible.
Meanwhile, Gold has broken the price record for the past 7 years, reaching $ 1,689. Interestingly, Bitcoin did not join the Gold rally and continued fall as part of the uptrend.
GOOGL -4.29%
MSFT -4.31%
AMZN -4.14%
AAPL -4.75%
FB -4.5%
TSLA -7.4%
On Tuesday, global stock markets continued to fall from February 19 amid concerns that the Coronavirus could have a wider economic impact than anticipated. Meanwhile, the World Health Organization (WHO) announced Monday morning that a global coronavirus pandemic has not yet occurred, but is quite possible.
Meanwhile, Gold has broken the price record for the past 7 years, reaching $ 1,689. Interestingly, Bitcoin did not join the Gold rally and continued fall as part of the uptrend.
Forwarded from Canva
United Kingdom-based digital bank Revolut has raised $500 million in a fresh funding round and tripled its valuation to hit $5.5 billion. This, as the Financial Times reported on Feb. 25, makes the crypto-supporting app one of Europe’s most valuable fintech firms.
Crypto Knocked by Virus Worries
Just when a major cryptocurrency renaissance was getting underway, a global pandemic has knocked the wind from Bitcoin et al.
In the lead-up to the BTC halving event, it seemed for a moment like there was simply no stopping the world’s number one digital asset. However, nature had other plans as the Coronavirus emerged and quickly spread across the globe.
Surely you need no refresher on the last point as the virus has been the world’s main talking point for weeks now. Both traditional and digital asset markets have finally caught up with the news, leaving traders in the red everywhere from the NYSE trading floor to the halls of the Shanghai Stock Exchange.
Store of Value No More?
For cryptocurrency traders like ourselves, the decline in crypto fortunes led most notably by BTC’s fall under $7,800 signals an impending end to the store of value use case. It is one thing to declare an asset a store of value during times of acceptable turbulence. But, it is clearly another for that same asset to actually act like an SoV when the going gets tough.
And boy, the going is getting tough.
So, in Bitcoin’s first real test as a store of value asset, it is hanging in the ring but appears as to be fatiguing from the fight. The remainder of this month will be crucial for determining what to expect from the first half of 2020, especially as traders gear up for the halving event.
Ethereum Foreshadows
Ethereum showed us the way up, now it will lead the way down. ETH has preceded price moves for the rest of the market, and at current, is also diving the hardest, too.
Does that foreshadow fortunes for other top tier assets? Today, ETHUSD has led the way down with over -5% in losses, shedding close to $100 since the downtrend began. The ETHBTC ratio hasn’t fared much better but may be buoyed by Bitcoin’s drop in tandem with it.
At the moment, there is no telling how far down digital -- assets may go since they are currently at the mercy of global events — and appear entirely correlated to traditional asset markets.
Given the uncertainty and apparent selling pressure, we’re taking a wait and see approach with maximum de-risking practices in place to Stack our wealth; this includes our use of automated trading technologies - which you all will receive exclusive access to in the coming weeks!
Just when a major cryptocurrency renaissance was getting underway, a global pandemic has knocked the wind from Bitcoin et al.
In the lead-up to the BTC halving event, it seemed for a moment like there was simply no stopping the world’s number one digital asset. However, nature had other plans as the Coronavirus emerged and quickly spread across the globe.
Surely you need no refresher on the last point as the virus has been the world’s main talking point for weeks now. Both traditional and digital asset markets have finally caught up with the news, leaving traders in the red everywhere from the NYSE trading floor to the halls of the Shanghai Stock Exchange.
Store of Value No More?
For cryptocurrency traders like ourselves, the decline in crypto fortunes led most notably by BTC’s fall under $7,800 signals an impending end to the store of value use case. It is one thing to declare an asset a store of value during times of acceptable turbulence. But, it is clearly another for that same asset to actually act like an SoV when the going gets tough.
And boy, the going is getting tough.
So, in Bitcoin’s first real test as a store of value asset, it is hanging in the ring but appears as to be fatiguing from the fight. The remainder of this month will be crucial for determining what to expect from the first half of 2020, especially as traders gear up for the halving event.
Ethereum Foreshadows
Ethereum showed us the way up, now it will lead the way down. ETH has preceded price moves for the rest of the market, and at current, is also diving the hardest, too.
Does that foreshadow fortunes for other top tier assets? Today, ETHUSD has led the way down with over -5% in losses, shedding close to $100 since the downtrend began. The ETHBTC ratio hasn’t fared much better but may be buoyed by Bitcoin’s drop in tandem with it.
At the moment, there is no telling how far down digital -- assets may go since they are currently at the mercy of global events — and appear entirely correlated to traditional asset markets.
Given the uncertainty and apparent selling pressure, we’re taking a wait and see approach with maximum de-risking practices in place to Stack our wealth; this includes our use of automated trading technologies - which you all will receive exclusive access to in the coming weeks!
Uncharted Territory for Bitcoin, and Everything Else With It
What in the world just happened? Between a global lockdown, travel restrictions galore, and both stock and crypto market crashes followed by rallies, one might be tempted to throw in the towel on speculating what’s next.
And no one would blame you — certainly not us. In case you were stuck in a long line outside of the grocery store to buy toilet paper, here’s a wrap-up of recent mind-boggling events.
Crypto Craters, Then Moons
If you were just looking at the BTC charts within any contextual info, this would be impressive enough. But the fact that it’s all related to an unprecedented pandemic and global economic meltdown makes the crash —> recovery even wilder.
Unorthodox Trading Methods
Some traders have tee’d themselves up using a combination of TA and celestial events like the spring equinox. Others have firmly counter-traded the trend & well-timed a falling knife buy, while yet others went to cash and are waiting for a sign.
If this rally amidst record-shattering unemployment claims, soaring infection numbers, and dismal economic prospects in near, mid, and long term timeframes seems suspect, we don’t blame you. Rationally (and fundamentally) speaking, it doesn’t seem like there is any visible upside for now to paint a positive picture.
Traders in both traditional stock markets and crypto may be juicing the confusion for all its worth — a bit like they did in the lead-up to the first virus-induced losses in mid-March. While some insiders had been selling off stock since February (google Sen. Burr), others appeared to add impetus to markets, sending them higher before vivaciously shorting from atop the world.
The threat of being dumped on again looms large, but one interesting spin on the current situation comes to us via the impending halving. With Bitcoin inflation set to lower in May, how low can BTC realistically go — no matter how bad the news gets?
Lots of few, and few answers, Bravado family. We’re in uncharted territory here — so let’s stick together. Please stay safe out there! A healthy trader is a good trader, so keep washing those hands and we’ll update you again shortly.
What in the world just happened? Between a global lockdown, travel restrictions galore, and both stock and crypto market crashes followed by rallies, one might be tempted to throw in the towel on speculating what’s next.
And no one would blame you — certainly not us. In case you were stuck in a long line outside of the grocery store to buy toilet paper, here’s a wrap-up of recent mind-boggling events.
Crypto Craters, Then Moons
If you were just looking at the BTC charts within any contextual info, this would be impressive enough. But the fact that it’s all related to an unprecedented pandemic and global economic meltdown makes the crash —> recovery even wilder.
Unorthodox Trading Methods
Some traders have tee’d themselves up using a combination of TA and celestial events like the spring equinox. Others have firmly counter-traded the trend & well-timed a falling knife buy, while yet others went to cash and are waiting for a sign.
If this rally amidst record-shattering unemployment claims, soaring infection numbers, and dismal economic prospects in near, mid, and long term timeframes seems suspect, we don’t blame you. Rationally (and fundamentally) speaking, it doesn’t seem like there is any visible upside for now to paint a positive picture.
Traders in both traditional stock markets and crypto may be juicing the confusion for all its worth — a bit like they did in the lead-up to the first virus-induced losses in mid-March. While some insiders had been selling off stock since February (google Sen. Burr), others appeared to add impetus to markets, sending them higher before vivaciously shorting from atop the world.
The threat of being dumped on again looms large, but one interesting spin on the current situation comes to us via the impending halving. With Bitcoin inflation set to lower in May, how low can BTC realistically go — no matter how bad the news gets?
Lots of few, and few answers, Bravado family. We’re in uncharted territory here — so let’s stick together. Please stay safe out there! A healthy trader is a good trader, so keep washing those hands and we’ll update you again shortly.
Bitcoin to World, “Hodl my beer”
Today is Wednesday, April 29th, 2020, and we officially have liftoff in the cryptocurrency market.
Our last update came to you after COVID–19 kicked off an impressive downward spiral that left us speechless. So, it feels good to come full circle with an epic green candle taking BTC near the $9,000 mark.
Are there clear skies ahead, or can we expect more turbulence?
BTC takes out $8,500 resistance with ease
The speed with which Bitcoin took down the key $8,500 resistance level tells us much about its strength heading into the Bitcoin halving.
Whereas many expected $8.5K to play a key defensive role for the bear case, that scenario simply didn’t materialize with bulls arriving on the scene en masse. Within 24 hours, bulls propelled BTC over 11%, providing a slam dunk for crypto optimists everywhere.
The current rally formed after BTC hit lows in the $3K region following a worldwide asset selloff on March 12th. Since then, BTC has gone from strength to strength, only lightly tapping the brakes on a few occasions to book gains (most notably in the last pullback to $6,800).
Back to the futures gap
Bitcoin may be targeting the CME futures gap at $9,125 next, giving bulls the impetus they need to keep steamrolling ahead. If that’s the case, decision time for crossing the $9K mark is imminent as the halving date grows nearer.
Of course, BTC’s recent growth surrounding halving hype leads to the question of how sustainable this growth is, and what might happen after the halving passes – but we’ll leave speculation for our next update.
For now, kick back and enjoy the ride. With the news cycle being what is it is these days, and many of us existing in blurred space-time continuums (AKA indoor lockdowns), this ray of sunshine provided by BTC is much appreciated.
Today is Wednesday, April 29th, 2020, and we officially have liftoff in the cryptocurrency market.
Our last update came to you after COVID–19 kicked off an impressive downward spiral that left us speechless. So, it feels good to come full circle with an epic green candle taking BTC near the $9,000 mark.
Are there clear skies ahead, or can we expect more turbulence?
BTC takes out $8,500 resistance with ease
The speed with which Bitcoin took down the key $8,500 resistance level tells us much about its strength heading into the Bitcoin halving.
Whereas many expected $8.5K to play a key defensive role for the bear case, that scenario simply didn’t materialize with bulls arriving on the scene en masse. Within 24 hours, bulls propelled BTC over 11%, providing a slam dunk for crypto optimists everywhere.
The current rally formed after BTC hit lows in the $3K region following a worldwide asset selloff on March 12th. Since then, BTC has gone from strength to strength, only lightly tapping the brakes on a few occasions to book gains (most notably in the last pullback to $6,800).
Back to the futures gap
Bitcoin may be targeting the CME futures gap at $9,125 next, giving bulls the impetus they need to keep steamrolling ahead. If that’s the case, decision time for crossing the $9K mark is imminent as the halving date grows nearer.
Of course, BTC’s recent growth surrounding halving hype leads to the question of how sustainable this growth is, and what might happen after the halving passes – but we’ll leave speculation for our next update.
For now, kick back and enjoy the ride. With the news cycle being what is it is these days, and many of us existing in blurred space-time continuums (AKA indoor lockdowns), this ray of sunshine provided by BTC is much appreciated.
Forwarded from Canva
Coinmarketcap is 1 of 2 big Binance acquisitions that they previously hinted. The other is one of the following:
1. Bitgo
2. Babel (a chinese crypto lending company)
3. a certain digital bank
Coinmarketcap acquisition price is actually less than $400m but a good deal for both sides nonetheless.
1. Bitgo
2. Babel (a chinese crypto lending company)
3. a certain digital bank
Coinmarketcap acquisition price is actually less than $400m but a good deal for both sides nonetheless.
Forwarded from Canva
1. Binance going to announce a few things next week.
2. Lots of whales sending Btc, eth other crypto to exchanges this week.
3. Hedera team downsizing a lot in coming weeks.
2. Lots of whales sending Btc, eth other crypto to exchanges this week.
3. Hedera team downsizing a lot in coming weeks.
Forwarded from Canva
BTC Decision Time: Will the $10K Fortress Fall?
There is a seriously crazy amount of stuff happening in the world today.
Global pandemic.
A very just and long overdue fight for equal rights.
Economic turmoil.
The list can certainly go on, but we'll only add one more thing to it — decision time for Bitcoin.
This week, it is very likely that bulls will once again storm the $10K BTC fortress, but will they finally succeed where they have been soundly defeated on several recent occasions?
Last week, bulls were routed, trounced, *decimated*, by staunch $10K defenders when it blasted clear of the five digit mark only to violently crash back into the $9,000 region.
Here are a few of the predominant factors holding BTC under.
Focus on Traditional Markets
Retail traders are nowhere to be found, as has been the case since civilians were completely and utterly rekt after the 2018 bear market.
That leaves the vast majority of price action up to the pros who have a lot on on their hands as of now. Compared with traditional market traders, there are far fewer traders whose sole focus is on cryptocurrency.
Meaning most traders are dabbling across several different types of assets — and not all of them digital. With the irrational-but-widely-accepted ongoing bull market in the Dow Jones and Nasdaq showing little sign of letting up, the spotlight on digital assets has dimmed.
There Is Still a Pandemic (In Case You Forgot)
Simply put, there is still a pandemic on. This thing is just throwing a curveball no matter how you look at it.
Currently, it is impossible to say if the pandemic is a boon or hindrance to Bitcoin's fortunes. But, logic might tell us that under such circumstances, an unabated rally to the moon is just not in the cards yet.
From prior experience, Bitcoin always loves a good counter-trend rally, with the recent move from the $3,000s back to $10,000 being another one for the books.
Nonetheless, the insecurity around the economy and the whooping America has taken at the hands of the virus (being the world's leading source of BTC trading activity) means the bull-case is still psyched out.
$10,000 Is a Major Psychological Hurdle
Certain numbers are powerful. For Bitcoin, 10,000 is just such a number. Try as it might, BTC hasn't been able to completely break free of the orbit caused by 10,000's gravity.
Even after posting major gains and sustaining prices near the $20K mark, the Bitcoin pendulum has swung wildly even without the myriad forms of turmoil seen today.
Getting near the $10K mark has already been a very wild ride, and breaking through it will be one, too.
The reason we've seen such swift rejection at or above $10,000 recently is that bears need to exert immediate and definitive downward pressure to keep the psychological barrier in play. Too much time spent above $10K will give hope and gather forces on the other side of the equation.
So far, bears have shown more power in defending their fortress, but the longer that fortress remains sieged by prices hovering nearby, the sooner we can hope it will fall.
There is a seriously crazy amount of stuff happening in the world today.
Global pandemic.
A very just and long overdue fight for equal rights.
Economic turmoil.
The list can certainly go on, but we'll only add one more thing to it — decision time for Bitcoin.
This week, it is very likely that bulls will once again storm the $10K BTC fortress, but will they finally succeed where they have been soundly defeated on several recent occasions?
Last week, bulls were routed, trounced, *decimated*, by staunch $10K defenders when it blasted clear of the five digit mark only to violently crash back into the $9,000 region.
Here are a few of the predominant factors holding BTC under.
Focus on Traditional Markets
Retail traders are nowhere to be found, as has been the case since civilians were completely and utterly rekt after the 2018 bear market.
That leaves the vast majority of price action up to the pros who have a lot on on their hands as of now. Compared with traditional market traders, there are far fewer traders whose sole focus is on cryptocurrency.
Meaning most traders are dabbling across several different types of assets — and not all of them digital. With the irrational-but-widely-accepted ongoing bull market in the Dow Jones and Nasdaq showing little sign of letting up, the spotlight on digital assets has dimmed.
There Is Still a Pandemic (In Case You Forgot)
Simply put, there is still a pandemic on. This thing is just throwing a curveball no matter how you look at it.
Currently, it is impossible to say if the pandemic is a boon or hindrance to Bitcoin's fortunes. But, logic might tell us that under such circumstances, an unabated rally to the moon is just not in the cards yet.
From prior experience, Bitcoin always loves a good counter-trend rally, with the recent move from the $3,000s back to $10,000 being another one for the books.
Nonetheless, the insecurity around the economy and the whooping America has taken at the hands of the virus (being the world's leading source of BTC trading activity) means the bull-case is still psyched out.
$10,000 Is a Major Psychological Hurdle
Certain numbers are powerful. For Bitcoin, 10,000 is just such a number. Try as it might, BTC hasn't been able to completely break free of the orbit caused by 10,000's gravity.
Even after posting major gains and sustaining prices near the $20K mark, the Bitcoin pendulum has swung wildly even without the myriad forms of turmoil seen today.
Getting near the $10K mark has already been a very wild ride, and breaking through it will be one, too.
The reason we've seen such swift rejection at or above $10,000 recently is that bears need to exert immediate and definitive downward pressure to keep the psychological barrier in play. Too much time spent above $10K will give hope and gather forces on the other side of the equation.
So far, bears have shown more power in defending their fortress, but the longer that fortress remains sieged by prices hovering nearby, the sooner we can hope it will fall.
Forwarded from Canva
These Three Factors Show Bitcoin Will See a Massive Selloff at $10,000
https://bitcoinist.com/?p=135069
- #Bitcoinist
@Leaks
https://bitcoinist.com/?p=135069
- #Bitcoinist
@Leaks
Bitcoinist.com
These Three Factors Show Bitcoin Will See a Massive Selloff at $10,000
One analyst is pointing to three primary factors as reasons why Bitcoin's ongoing uptrend may not be different than those seen in weeks past.
Forwarded from Canva
Forwarded from Cointelegraph
Millions of Telegram Users's Data Exposed on Darknet
Telegram’s built-in contact import feature was exploited to leak the personal data of millions of users onto the darknet.
https://ct.com/8pc2
Telegram’s built-in contact import feature was exploited to leak the personal data of millions of users onto the darknet.
https://ct.com/8pc2
Forwarded from Canva
Bitcoin Looking for a Big Move
@Leaks
It's difficult to believe we're on the cusp of July when it seems like only yesterday we were clinking glasses toward the new year.
Time flies when you're...dealing with a global pandemic.
In that time, Bitcoin has held surprisingly steady. Anyone who knows Bitcoin well would probably tell you the same.
Here, in these most volatile of days, our money, this decentralized network between us, hasn't let us down, even if it hasn't landed on the moon.
In a way, this is the moon.
Before, a bit of FUD from little-known South Korean regulators was enough to tank Bitcoin prices. And yet now, here we are, months deep into the most epic event in several generations and the only true global catastrophe probably ever, and BTC is holding the line.
Damn, that makes us proud.
BTC is range-bound, but for how much longer?
We're going to state the obvious here — Bitcoin, along with the rest of the crypto market, is strongly correlated with traditional assets markets, most notably the Dow Jones, S&P 500, and Nasdaq.
Why? Who knows, but it also does not matter. Comparing macro charts of the Dow and Bitcoin throughout the pandemic presents a mirror image.
The Bitcoin decoupling we were becoming accustomed to throughout 2019 is certainly gone for the moment. So, there is every reason to keep one eye on traditional markets and the other on cryptocurrency markets for a holistic view.
Today, Bitcoin is inching toward the $9,200 mark as it adds value that disappeared during a slow leak in the second half of June.
There are encouraging signs for BTC, such as the amount of Bitcoin standing stock-still in wallets.
Unlike at any other time since mid-2017, investors are leaving Bitcoin in wallets in record amounts — all without touching it or sending large sums to exchanges.
This suggests investor confidence toward BTC value as a HODL mentality gains significant ground.
BTC volatility at historic lows
However, any time Bitcoin volatility gets this low, it usually means something huge is on the way.
BTC volatility is currently at historic lows as traders wait for a sign regarding where the next move is heading.
If Bitcoin and the S&P 500 stay closely correlated, and the S&P 500 continues reacting to COVID-19 data and increasingly dire global economic news from organizations like the IMF, then we may be looking at a downward trajectory.
During the past 10 days, several dips below the $9K mark have been bought with what started as ferocity and has ended, as recently as this weekend, as a low volume sputter.
Suffice to say, the window for placing your bets is quickly narrowing.
@Leaks
It's difficult to believe we're on the cusp of July when it seems like only yesterday we were clinking glasses toward the new year.
Time flies when you're...dealing with a global pandemic.
In that time, Bitcoin has held surprisingly steady. Anyone who knows Bitcoin well would probably tell you the same.
Here, in these most volatile of days, our money, this decentralized network between us, hasn't let us down, even if it hasn't landed on the moon.
In a way, this is the moon.
Before, a bit of FUD from little-known South Korean regulators was enough to tank Bitcoin prices. And yet now, here we are, months deep into the most epic event in several generations and the only true global catastrophe probably ever, and BTC is holding the line.
Damn, that makes us proud.
BTC is range-bound, but for how much longer?
We're going to state the obvious here — Bitcoin, along with the rest of the crypto market, is strongly correlated with traditional assets markets, most notably the Dow Jones, S&P 500, and Nasdaq.
Why? Who knows, but it also does not matter. Comparing macro charts of the Dow and Bitcoin throughout the pandemic presents a mirror image.
The Bitcoin decoupling we were becoming accustomed to throughout 2019 is certainly gone for the moment. So, there is every reason to keep one eye on traditional markets and the other on cryptocurrency markets for a holistic view.
Today, Bitcoin is inching toward the $9,200 mark as it adds value that disappeared during a slow leak in the second half of June.
There are encouraging signs for BTC, such as the amount of Bitcoin standing stock-still in wallets.
Unlike at any other time since mid-2017, investors are leaving Bitcoin in wallets in record amounts — all without touching it or sending large sums to exchanges.
This suggests investor confidence toward BTC value as a HODL mentality gains significant ground.
BTC volatility at historic lows
However, any time Bitcoin volatility gets this low, it usually means something huge is on the way.
BTC volatility is currently at historic lows as traders wait for a sign regarding where the next move is heading.
If Bitcoin and the S&P 500 stay closely correlated, and the S&P 500 continues reacting to COVID-19 data and increasingly dire global economic news from organizations like the IMF, then we may be looking at a downward trajectory.
During the past 10 days, several dips below the $9K mark have been bought with what started as ferocity and has ended, as recently as this weekend, as a low volume sputter.
Suffice to say, the window for placing your bets is quickly narrowing.
Forwarded from Canva
Hacker stole 336 BTC from Crypto exchange Cashaa
Cryptocurrency exchange Cashaa said hackers took 336 bitcoin from one of its wallets. The company has stopped all crypto-related transactions.
Cryptocurrency exchange Cashaa said hackers took 336 bitcoin from one of its wallets. The company has stopped all crypto-related transactions.
Forwarded from Canva
US Secret Service Creates Finance-Related Cybercrime Task Force
The Cyber Fraud Task Force created by the U.S. Secret Service aims to combat the growing trend of cybercrimes related to financial matters.
The U.S. Secret Service announced the creation of the Cyber Fraud Task Force, or CFTF on July 10, after merged its Electronic Crimes Task Forces and Financial Crimes Task Forces into a single network.
The Cyber Fraud Task Force created by the U.S. Secret Service aims to combat the growing trend of cybercrimes related to financial matters.
The U.S. Secret Service announced the creation of the Cyber Fraud Task Force, or CFTF on July 10, after merged its Electronic Crimes Task Forces and Financial Crimes Task Forces into a single network.
Forwarded from Canva
We May Expect a Bitcoin Rally If Coronavirus Breaks Into a Second Wave
The broader cryptocurrency market is set for a Cambrian explosion of assets and a market comparable to the creation of the internet itself. As COVID-19 acts as a catalyst in the dismantling of old institutions and legacy financial systems, it will pave way for cryptocurrency and tokens to take their place.
Bitcoin has laid the foundation for the future of finance. As Binance CEO Changpeng Zhou stated:
“The pandemic has changed the world as we know it; it will never be the same again. And in this new world, we believe crypto will play an ever increasing role.”
The broader cryptocurrency market is set for a Cambrian explosion of assets and a market comparable to the creation of the internet itself. As COVID-19 acts as a catalyst in the dismantling of old institutions and legacy financial systems, it will pave way for cryptocurrency and tokens to take their place.
Bitcoin has laid the foundation for the future of finance. As Binance CEO Changpeng Zhou stated:
“The pandemic has changed the world as we know it; it will never be the same again. And in this new world, we believe crypto will play an ever increasing role.”