The price of bitcoin rallied by over 25 percent week-on-week thanks to a hefty price jump on April 2, 2019, which some believe was caused by algorithmic trading hedge funds while others think it was the work of a single buyer. This week in crypto:
1. One buyer pushes BTC over $5k2. Read More
The cold wallets of QuadrigaCX, once the largest crypto exchange of Canada, have reportedly been found to be empty.According to Bloomberg, most of the Bitcoin funds from the exchange’s cold wallets were moved out in April 2018, more than 9 months before QuadrigaCX revealed it had lost $150 million in Read More
A cryptocurrency analyst says there is little evidence that tens of millions of dollars of assets allegedly trapped on hard drives belonging to the deceased founder of a Canadian cryptocurrency exchange are being stored in so-called cold wallets.
QuadrigaCX’s 30-year-old founder, Gerald Cotten, died unexpectedly in India on Dec. 9. It took more Read More
Japan’s financial watchdog could embrace exchange-traded funds that track the value of Bitcoin and similar digital asset classes, Bloomberg reported.The Financial Services Agency (FSA), according to an anonymous source, has been exploring Bitcoin ETFs on the sidelines of its disapproval of the Bitcoin futures and Ethereum derivatives. The agency has Read More
Reuters has today, August 30, published an investigative report into Venezuela’s national oil-backed cryptocurrency, the Petro (PTR), attempting to square government claims with facts on the ground and evidence of the Petro’s transaction history to date.Reuters dispatched reporters to the central Venezuelan hamlet of Atapirire, which sits at the heart Read More