An anonymous user apparently not only predicted yesterday’s massive sell-off on the crypto market but also claimed that it was an organized China-related campaign aimed at a single “stakeholder”—half a day before the trading carnage actually began. Of course, the following should be taken with a giant grain of salt. “Can’t tell you guys what […]Read More
Three industry bodies under the Central bank of China released a document today calling for a ban on financial institutions and online payments channels providing any services involving cryptocurrency, including but not limited to registration, trading, clearing, and settlement. Additionally, the institutions would not be allowed to offer to save, trust or pledging services, nor […]Read More
Bitcoin (BTC) appeared to stabilize above $31,000 after Thursday’s plunge, the biggest since March. “A break of $30,000 could have been bad news but it managed to turn things round,” Craig Erlam, senior market analyst for the London-based foreign-exchange brokerage Oanda, told clients early Friday in an email. “We may see a small rebound now, […]Read More
Bitcoin crashed below $30,000 on Friday as traders panicked about a technical flaw that allows people to spend the same cryptocurrency unit twice. Google Trends for the keyword “Double Spend”—as the flaw is called—reached a perfect score of 100. This escalated quickly! #FUD #Bitcoin pic.twitter.com/Nkx95vy4QF — Ciara Sun (@CiaraHuobi) January 22, 2021 According to BitMEX […]Read More
Litecoin has just turned eight years old. LTC was launched in October 2011 and has stood the test of time alongside its big brother which spawned the hard fork. Lately, there has been a lot of FUD over the crypto asset, and most of it is completely tenuous and unnecessary. Litecoin Survives 8 Years Cryptocurrencies […]Read More
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