Crypto Currencies Crumble: Burst Of Physical Precious Metal Buying

The plotline of the recently-aired season finale of the fifth season of Silicon Valley eerily came to life this past week when nearly $20 million worth of cryptocurrency was stolen from online exchanges. Crypto-mining thieves reportedly took over the digital currency platforms and proceeded to claw whatever they could from user accounts, capturing tens of … Continue reading Crypto Currencies Crumble: Burst Of Physical Precious Metal Buying

Bitcoin Bloodbath Thursday: Price Nosedives As $53 Billion In Profit Taking Wiped Off Crypto Market Cap

Bitcoin prices suffered a meltdown Thursday after bottoming out at $7,676 before recovering somewhat. In a sell-off that kicked into high gear yesterday, the market capitalization of the entire cryptocurrency market lost a whopping $53 billion in value. The market cap of all the world's virtual currencies totaled $319.9 billion as of this writing, down from $372.9 billion … Continue reading Bitcoin Bloodbath Thursday: Price Nosedives As $53 Billion In Profit Taking Wiped Off Crypto Market Cap

Nearly Half Of All Cryptocurrency ICOs Have Already Tanked

The collapse of cryptocurrency is continuing apace and yet there are still far too many people who continue to believe it really has a future. In recent days the U.S. Securities and Exchange Commission made a major move against cryptocurrency firms, issuing dozens of subpoenas — perhaps topping 100, some groups estimate — to companies … Continue reading Nearly Half Of All Cryptocurrency ICOs Have Already Tanked

Japan Shuts Down Cryptocurrency Exchanges Following $530 Million Dollar Cyber Heist

Japan suspended trading on two cryptocurrencies on Thursday, following a reported $530 million cyber heist at Coincheck, one of the country’s largest crypto platforms, in January. The country’s Financial Services Agency (FSA) have ordered Bitstation and FSHO to suspend business for at least a month, Reuters reports, after finding that Bitstation’s executive previously used customer … Continue reading Japan Shuts Down Cryptocurrency Exchanges Following $530 Million Dollar Cyber Heist

Dark Pools In Cryptocurrency Trading Is Increasing

It was only a matter of time. Dark pools, which are notorious for their anonymous transactions, are making their presence felt in cryptocurrency markets. According to a WSJ report, Republic Protocol, which describes itself as a decentralized dark pool for atomic trading of bitcoin, ether, and ERC20 tokens, has raised 35,000 ether ($33.8 million) from crypto … Continue reading Dark Pools In Cryptocurrency Trading Is Increasing

Blockchain’s Only Application After 10 Years Has Been A Bitcoin Pyramid Scam

https://youtu.be/V2lwyuSrCg4 Bitcoin is the “biggest bubble in human history” and is coming down “crashing”, Nouriel Roubini, the chairman of Roubini Macro Associates has warned. Bitcoin plummeted to a two month low of $7,695.10 on Friday, according to CoinDesk.com. The cryptocurrency fell 4.72 percent to $8,625.50 at 14:57 in London. Speaking to Bloomberg, Roubini said: “I say … Continue reading Blockchain’s Only Application After 10 Years Has Been A Bitcoin Pyramid Scam

The House of Cards the Foreign Federal Reserve Bankers Built

Over the last two years, the Federal Reserve has been nudging interest rates higher and their efforts are starting to bear fruit in the marketplace. Bond yields are beginning to climb. The question is how high can rates go before the house of cards the central bankers built comes tumbling down? As No One Watched … Continue reading The House of Cards the Foreign Federal Reserve Bankers Built

Bitcoin Price Dives Below $11,000 As Profiteering Deepens: Synchronized Cryptocurrency Market Crashes By $165 Billion

Bitcoin's value plunged on Tuesday, falling to $11,300—the lowest value the virtual currency has seen in 2018. Bitcoin's value is down more than 20 percent over the last 24 hours, and down 42 percent from December's all-time high of around $19,500. Top 11 Countries Which Have Banned Bitcoin Nobel Laureate Economist Joseph Stiglitz Says Bitcoin Doesn’t … Continue reading Bitcoin Price Dives Below $11,000 As Profiteering Deepens: Synchronized Cryptocurrency Market Crashes By $165 Billion

Wall Street Is About To Rip Bitcoin To Shreds

Is there a future for Bitcoin? Not if Wall Street has anything to say about it. YouTuber Gregory Mannarino announced on Sunday that a futures exchange has now been set up for investors to speculate on the future price of Bitcoin – and according to Mannarino, this means that Wall Street could be planning to … Continue reading Wall Street Is About To Rip Bitcoin To Shreds