Category: Bitcoin

U.S. authorities have arrested the alleged mastermind behind a multi-million darknet-based BTC mixing service, Bitcoin Fog, after analyzing 10 years of blockchain data. Authorities have issued a chilling warning to other users of illegal blockchain services: Anything you do today may come back to haunt you as “this activity is on this ledger forever” and

Crypto analyst and trader Scott Melker is mapping out price levels for Cardano and two red-hot altcoins that are key in keeping their bullish momentum alive. In a new strategy session, Melker tells his 36,500 YouTube subscribers that Cardano (ADA) is currently trading in a wide range between $1.50 and $0.98, but it now has

Bitcoin’s (BTC) 2021 performance has been impressive, but traders waiting for a record-breaking monthly candle are likely to be disappointed this week.  After peaking at $64,900 on April 14, a jaw-breaking 27% correction followed, causing BTC price to drop to the $46,000 level. This downside move obliterated more than $9 billion long BTC futures contracts

Veteran crypto trader Tone Vays says that leveraged traders are getting crushed as Bitcoin launched a massive bear trap. In a new strategy session, Vays takes a look at Bitcoin’s strong bounce from the $47,100 level and says the move was abrupt and largely unexpected. “This is one of those classic head fakes, and this

JPMorgan Chase, the largest banking establishment by assets in the US, may be weeks away from granting its wealthy clients access to an actively managed Bitcoin fund. According to a report from Coindesk, the banking behemoth could unveil the Bitcoin fund as early as late June after the bank’s co-president Daniel Pinto said that client demand

After a sharp relief rally, Bitcoin price encountered resistance near $55,000, leading to a short-term pullback in select altcoins.

Crypto trader and YouTuber Ben Armstrong is predicting that Bitcoin will kick it into hyperdrive after shattering $100,000. In a new video, Armstrong predicts that the flagship crypto asset will blast through $100,000 by the end of the second quarter, largely driven by the expiry of the quarterly futures contracts. “I could definitely see Bitcoin

Japanese financial giant SBI Group has more than doubled the total profit of its cryptocurrency business in the fiscal year ending March 2021. SBI released a report on the company’s financial results on Wednesday, disclosing that its pre-tax crypto-powered profits in the past fiscal year amounted to 18.9 billion yen ($174 million). The amount is 10

Crypto investment firm Pantera Capital has revealed a pricing model for Bitcoin that places the world’s biggest crypto asset by market cap at staggering new levels. In the company’s April letter to investors, Pantera notes that one of their models, which compares the amount of new Bitcoin users to the flagship crypto’s price, reveals a

Amid growing concerns over the energy sector in Kyrgyzstan, a former government official has argued that cryptocurrency mining is a major factor driving the energy crisis. Daniyar Akmatov, former director of the state investment protection organization, the Investment Promotion and Protection Agency, addressed the challenges in Kyrgyzstan’s energy sector at a roundtable in Bishkek, local