Cryptocurrency Analysis and News Portal
An amended class action complaint filed against Nvidia Corp has accused the firm of violating the Securities Exchange Act by downplaying the extent to which its gaming revenues relied on GPU sales to cryptocurrency miners.The complaint, filed May 14, claims that Nvidia issued deliberately misleading statements that understated more than
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Payments and cryptocurrency platform, Crypto.com, announced a broad European launch of its MCO Visa cards. The cards will soon ship to 31 countries in the region, according to the company’s blog post, published May 15. The company’s European presence now covers all 27 EU member states, as well as Switzerland, the
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Popular U.S. exchange Coinbase revealed earlier this week its users tend to shift to altcoins after Bitcoin enters a “bull market.” Investors presumably after “feeling good” about rising prices and their apparent ability to predict trends. Seeking Profits in Casino-like Markets As published on a blog post on May 13, Coinbase said
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A report claims that negative interest rates present Bitcoin (BTC) with a unique opportunity.The May 14 report, published by Stack Funds, stipulates that if the interest rates in the U.S. turn negative in the near future, it will force market participants to look for alternatives to traditional assets. This could
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Standard Chartered says it's issued the first blockchain-based international letter of credit (LC) transaction using China's national currency, the yuan. The London-based bank said earlier this week that the transaction, for a deal between Australian mining giant Rio Tinto and Chinese steelmaker Baosteel, was carried out over the blockchain trade
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Chinese cryptocurrency hardware manufacturer Bitmain seems to be bouncing back after a streak of dismal reports. Earlier this week, a local industry blog revealed that the mining giant has accumulated over $300 million in revenue so far this year and is rewarding employees with massive bonuses on Labor Day.Bitmain has
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Last night’s Bitcoin monthly April candle closed as a bullish engulfing, often considered a reversal candle by traders and analysts.Bulls must beware, however, as one of the most respected top technical analysts recommends not trading this setup when the primary trend is down, as more often than not it leads
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Many investments these days seem volatile, but there are few asset classes that have been as volatile as crypto. If you have losses, you might have trouble claiming them, offsetting gains or reducing your income. In fact, asking if you have tax losses or even expecting some sounds like a
Read MoreBitcoin Cash (BCH) proponent, Roger Ver, claims he paid thousands of dollars in Bitcoin (BTC) fees on multiple occasions. "I paid a thousand dollars in fees for a single transaction on the Bitcoin network, more times than I can count," Ver said in a video posted by Bitcoin Meme Hub on
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Black hat hacker group, Maze, claims to have used ransomware to compromise the systems of insurance giant, Chubb. They also claim to have stolen the firm’s data.Brett Callow, threat analyst at cybersecurity firm, Emsisoft, told CryptoX on March 27 that Maze published the claim on its website. While the
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