Morgan Creek Capital CEO Mark Yusko dismisses daily price tracking of Bitcoin, calling the currency a “chaos hedge, or schmuck insurance.” Morgan Creek Capital CEO Mark Yusko called Bitcoin (BTC) a “chaos hedge, or schmuck insurance,” in an interview with CNBC Fast Money on Aug. 14. Yusko made the comment while explaining the folly in […]
Continue Reading
The judge overseeing the Kleiman V. Wright case has denied Wright’s motion for judgment on the pleadings, citing lack of credibility. Judge Bruce Reinhart has denied a motion from Craig Wright in the ongoing Kleiman V. Wright saga. Wright apparently filed for a judgment on the pleadings in a two-pronged attack — neither of which […]
Continue Reading
A new partnership between crypto lending platform Celsius Network and Bitcoin.com aims to streamline digital currency-related services for crypto owners. A new partnership between crypto lending and borrowing platform Celsius Network and fintech-focused media outlet Bitcoin.com aims to streamline digital currency-related services for crypto owners using the Celsius App. Per a press release published on […]
Continue Reading
San Francisco-based cryptocurrency exchange Poloniex is going to remove 23 trading pairs, ostensibly due to low volume. San Francisco-based cryptocurrency exchange Poloniex is going to remove 23 trading pairs ostensibly due to low volume. In a tweet published on Aug. 15, Poloniex announced that it will be removing 23 trading pairs on August 16, 2019, […]
Continue Reading
Two weeks after the Litecoin halving, the network experienced a major dusting attack, which sources say might have affected around 200,000 wallets… On Aug. 10, the Binance and Litecoin (LTC) community came to life as news of a potential “dusting attack” was announced through the official Binance Twitter account. In the tweet, the team explained […]
Continue Reading
Bitcoin price abruptly abandoned its lower levels just hours after drifting below $10,000. Bitcoin (BTC) price regained $10,000 Aug. 15 restoring investor confidence just hours after touching a higher low of $9,500 compared to the $9,3000 dip in late July. Bitcoin price embraces five figures Data from Coin360 shows BTC/USD put in a sudden rally […]
Continue Reading
Malaysian power utility firm Tenaga Nasional Bhd is tightening measures in a bid to stem the millions lost to electricity theft by Bitcoin miners. Malaysian power utility firm Tenaga Nasional Bhd (TNB) is tightening measures in a bid to stem the millions lost to electricity theft by Bitcoin (BTC) miners. According to an Aug. 15 […]
Continue Reading
Peter Brandt joins critics of the third-largest altcoin, which currently trades at two-year lows against Bitcoin. Altcoin XRP has received fresh claims its price is artificially high as a well-known cryptocurrency trader warns of serious losses. Brandt: Ripple manipulated XRP for years In a series of tweets Aug. 14, Peter Brandt accused the issuer and […]
Continue Reading
Amid a downturn in the cryptocurrency markets, the apparent swathe of Bitcoin sell-offs from a $3 billion Chinese Ponzi scheme could be to blame. Amid a downturn in the cryptocurrency markets, the apparent swathe of Bitcoin sell-offs from a $3 billion Chinese Ponzi scheme could be to blame. On Aug. 14, Dovey Wan — founding […]
Continue Reading
Even with further losses, Bitcoin is technically performing much better than in its 2015-17 bull phase, says Peter Brandt. Bitcoin (BTC) price dropped below $10,000 Aug. 15 as another day of losses sent the largest cryptocurrency back to four figures. Market visualization. Source: Coin360 Analysts shake off bearish Bitcoin signals Data from Coin360 tracked Bitcoin’s […]
Continue Reading