Cryptocurrency Analysis and News Portal
A judge has granted a motion from the U.S. attorney’s office to pause the SEC’s action against Edit Pardo and Boaz Manor for their involvement in the alleged $30 million crypto investment scam CG Blockchain.United States District Judge Stanley Chesler cited a parallel criminal investigation into Pardo and Manor in
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Around 4,000 Chinese bank accounts of cryptocurrency traders have reportedly been frozen by local law enforcement.According to a June 8 report by 8BTC, police froze the bank accounts of thousands of over-the-counter (OTC) traders from the Chinese province of Guangdong.This purportedly comes as part of a wider investigation into illegal
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Bitcoin (BTC) risks sliding back into bearish territory should onchain activity and overall market health continue to decline, warns analytics firm Glassnode.The latest market update from Glassnode shows that the GNI index, which measures the overall state of the Bitcoin network, dropped 18% or 13 points week-on-week, to a
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Bitcoin price fell 9.9 percent last week to log its most significant decline since the second week of March 2020.The cryptocurrency rebounded higher in Europe and Asia session Monday after testing interim support near $8,750.The jump accompanied thin volume, raising the possibilities of a negative breakout ahead of June.Bitcoin was
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Keep Network says a flawed code addition forced the shutdown of its bitcoin-backed Ethereum token, tBTC, just two days after it launched.On May 18, deposits of bitcoin into tBTC were paused for 10 days – a move prompted by a bug that was supposedly missed by a security audit and
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On Monday, Hut 8 Mining reported that first-quarter revenue rose 5% to $9 million from $8.59 million a year ago after the amount of bitcoin (BTC) extracted plunged sharply. Quarter-on-quarter, revenue fell 14%.For the three months to March 31, 2020, the Canadian bitcoin firm said it mined 1,116 BTC,
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Bitcoin has embarked on a steep recovery over the past eight weeks. After falling as low as $3,700 in the middle of March, BTC has surged as high as $10,100 — a gain of over 170% in just the span of two months.Chart from TradingView.comIt’s a stunning performance that has
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Altcoins — crypto assets that are not Bitcoin — have done extremely well over the past four weeks.Per data from TradingView.com, after reaching 68%, Bitcoin dominance — the percentage of the crypto market that consists of BTC — has fallen to 64%. It’s a 4% drop that amounts to billions
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After years of unsuccessful efforts to block Telegram in Russia, the country’s government is now considering lifting the ban due to the coronavirus outbreak.According to an April 22 report by Russian news agency Kommersant, two deputies at the State Duma have prepared a draft bill on terminating the ban of
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Ever since Bitcoin pulled back from the $20,000 highs in December 2017, investors in the cryptocurrency space have been wondering when again BTC would be at new highs. According to a number of analysts, a $20,000 BTC price is actually likely this year, or at least in the coming 12
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