The Federal Trade Commission announced today that four individuals have had their assets frozen by a US Federal District Court for allegedly promoting cryptocurrency schemes promising large returns for small cryptocurrency payments.
Bitcoin Price Retreat Digs Into Bitcoin Miner ProfitsBitcoin miners may be turning off their machines, at least until the bitcoin price rebounds. It’s no secret the BTC price has been in a rut, which has dampened investor sentiment but now it’s also interfering with the plans of ambitious mining projects that have flooded the market… Read More »
Analyst Predicts Bitcoin Price Drop to $2,800 This YearBitcoin’s pending “death cross” has left investors worried and confused. According to a graph posted by Bloomberg, the 50-day moving average is getting close to the 200-day moving average. If it touches the latter, or worse, goes below it, bitcoin will suffer a great loss. Considering these… Read More »
A marked downtick in the U. of Michigan Confidence survey may spark a bearish reaction in the U.S. dollar as it curbs bets for four Fed rate-hikes in 2018.
The US Dollar Index continued to climb during the Asian trading session on Friday as investors’ concerns abated over a possible trade war induced by the Trump administration.
A government-affiliated organization in China has announced that, in line with the country’s current “five-year plan” for economic growth, it will establish an organization to promote blockchain investment and development.
“I would be long bitcoin, and neutral to skeptical of just about everything else at this point.”
President Putin’s economic adviser and Prince Michael of Liechtenstein both stood out among a wide-ranging host of blockchain thought leaders and industry experts who discussed possible future initiatives to an international audience.
Korean officials have visited the premises of three digital asset exchanges where staff are suspected of illegally taking possession of customer funds in order to buy virtual currency for themselves.
Playboy to Launch Its Own Cryptocurrency , Accept Others for Adult ContentPlayboy Enterprises, Inc. has announced it is launching its own cryptocurrency as part of an online payment wallet under development. The wallet will service the company’s digital media and casual gaming businesses and will accept other cryptocurrencies in addition to its own. The first… Read More »