Tag: bitcoin trader

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Better Business Bureau Warns About Cryptocurrency — BBB Ranks Crypto Scams Second Riskiest

The U.S. Better Business Bureau (BBB) says cryptocurrency scams have become the second riskiest. In addition, the organization noted that “Payment made via cryptocurrency that resulted in a monetary loss more than doubled from 2020.” BBB Sees Rising Crypto Scams The U.S. Better Business Bureau (BBB) released its 2021 BBB Scam Tracker Risk…
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Short term Bitcoin buyers transition to long term holders: Glassnode

Although long-term coin selling saw a marked increase last week, HODLing is still the preferred strategy as more of the short-term supply is becoming long-term supply. Over the past week, long-term holders of Bitcoin increased their spending to a level that suggests de-risking from the market, but hodling remains the predominant investing strategy. Uncertain macroeconomic…
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Inflation Hedging Coin Has Announced an International Video Production Contest

PRESS RELEASE. IHC token team just announced a contest of video content creation with a prize pool of 100 million IHC tokens among Youtubers. All Youtube content creators with above 5k subscribers can compete by posting a full explanatory video on “Inflation Hedging Coin” between March 15 and April 15. The preliminary qualification will be…
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Blockchain forensics firm finds millions in sanctioned crypto wallet

Elliptic has discovered a dubious crypto wallet with “significant crypto-asset holdings” in the millions of dollars. Blockchain security and forensics firm Elliptic has been working with authorities to expose crypto wallets affiliated with sanctioned individuals or organizations. The United Kingdom-based company has discovered a wallet with “significant crypto-asset holdings” in the millions of dollars that…
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Ethereum ‘Merge’ edging closer with final Kiln testnet launch

The Kiln testnet is the final public testing phase before the long-awaited Ethereum ‘Merge’ and the end of proof-of-work consensus. The much-anticipated ‘Merge’ on the Ethereum network is another step closer to becoming a reality after the final public testnet Kiln launched to put it through its paces. On March 14, the Ethereum Foundation urged…
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Binance awarded Bahrain crypto service provider license

The world’s largest crypto exchange will now provide various regulated crypto services to Bahraini citizens. Crypto exchange Binance will provide fully regulated services to its first country in the Middle East thanks to a license granted by Bahrain’s central bank. Bahrain was able to issue the license through the Cooperation Council for the Arab States…
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Bitcoin sees ‘mother of all consolidations’ as $40K BTC price squeeze fails

BTC price action is stubbornly sticking to a zone which has seen more on-chain volume than any other in Bitcoin’s history. Bitcoin (BTC) saw a fresh brief short squeeze overnight on March 15 with bulls still attempting to crack $40,000 resistance. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Traders uninspired by market composition Data from…
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Bitcoin and Ethereum Still Range-Bound, GRT and RUNE Accelerate

  Bitcoin price started another recovery wave above the USD 38,850 and USD 39,000 levels. BTC climbed above USD 39,500, before correcting below USD 39,000 again. The price is currently (04:02 UTC) consolidating above USD 38,700…. Read More: Bitcoin and Ethereum Still Range-Bound, GRT and RUNE Accelerate  Read more »Pay, Trade, Buy Bitcoin with Credit…
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Japan Asks Crypto Exchanges to Comply With Sanctions Restrictions — Penalty Includes 3 Years in Prison

Japan’s top financial regulator has asked cryptocurrency exchanges in the country not to process transactions subject to asset-freeze sanctions. The penalty for unauthorized payments to sanctioned persons includes three years in prison. Japan’s Financial Regulator and Ministry of Finance Ask Crypto Exchanges to Comply With Sanctions Restrictions Japan’s top financial regulator, the Financial Services Agency…
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Argentinians Criticize IMF Requirement to Slow Down Crypto Adoption in the Country

Argentinian citizens involved in the cryptocurrency industry are criticizing a perceived anti-crypto requirement that the recent deal made with the IMF has introduced. The deal, which restructures and gives more facilities to the country to pay the $45 billion owed to the fund, also hints at a series of measures directed at stifling the growth…
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