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By Dmitriy Gurkovskiy, author at RoboForex Blog The ETH price looks like stabilizing after two days of decline. On Tuesday, June 16th, it is generally trading at 232.60 USD. Yesterday’s low was at 218.10 USD. On D1, ETH/USD keeps correcting in an uptrend. The quotations are again testing the lower border of the ascending channel. The … Read more
A possible Satoshi Nakamoto, the mysterious creator of Bitcoin, has been sentenced to 25 years in prison. Criminal mastermind Paul Le Roux told the judge that upon his release he plans to “start a business selling and hosting bitcoin miners,” claiming that his ASIC chip design will “have an order of magnitude faster at bitcoin … Read more
Report to Reveal Flaws in Recent Bureau of Labor Statistics Report Focus Is National and on States Hit Hardest: CA, FL, GA, IL, MA, MI, NY, NC, OH, PA, TX, and WA Release Coincides with Congressional Economic Stimulus Hearings WASHINGTON, DC – As Congress begins debate on economic stimulus for the energy industry, the latest monthly … Read more
Following reports that Chinese authorities are freezing bank accounts of cryptocurrency traders, five banks have reportedly clarified their policies. They confirmed that accounts with legal crypto transactions will not be frozen. However, some people claim that their accounts have been frozen without involvement in illegal activities. Crypto Traders’ Bank Accounts Frozen Chinese police have been … Read more
Just recently, the official Bitcoin.com Youtube channel was suspended and removed from the popular video platform. During the last 12 months, Youtube has censored information and banned cryptocurrency video coverage with no remorse. As the censorship continues to wreak havoc on innocent content creators, a number of people are migrating to decentralized platforms. On Monday, … Read more
Wilshire Phoenix has filed to launch a publicly-traded trust called Bitcoin Commodity Trust (BCT) – putting the firm in direct competition with Grayscale Investments’ $3.4 billion bitcoin trust (GBTC). According to the June 12 filing with the U.S. Securities and Exchange Commission (SEC), the New York-based investment company will offer up to 80,000 shares at … Read more
The new top banking regulator for the Trump administration sees “huge and great promise” in cryptocurrency. Focusing on decentralized networks, bitcoin, and rewriting existing regulations, he shares his views on cryptocurrency and the creation of the digital dollar. Top US Banking Regulator Is Pro-Crypto Brian Brooks recently became the new acting Comptroller of the Currency, … Read more
On June 12, 2020, the former CEO of Mt Gox, Mark Karpeles, tweeted about the notorious Craig Wright, the man who claims to be Satoshi Nakamoto. Karpeles and a number of crypto community members, assert that Wright’s legal team from London has been sending documents to certain individuals. The documents ostensibly stem from the law … Read more
A Spacex bitcoin scam has frequently appeared on Youtube, claiming to give away BTC. Its promo video features the recent Spacex launch with two NASA astronauts and an interview with Spacex and Tesla CEO Elon Musk. The scammers claim that anyone sending bitcoin to them will be “airdropped” twice the amount sent. Spacex Bitcoin Scam: … Read more
JPMorgan’s strategists have reportedly found bitcoin’s market structure to be more resilient than those of currencies, equities, Treasuries, and gold. In a new report on bitcoin’s stress test, JPMorgan wrote that cryptocurrencies have “longevity as an asset class.” In a new report entitled “Cryptocurrency takes its first stress test: Digital gold, pyrite, or something in … Read more