Huobi Suspends Trading in Some Countries
Seychelles-based cryptocurrency exchange Huobi has reportedly temporarily put an end to trading for new customers in some countries, raising questions about the regulatory scrutiny facing cryptocurrencies. Bitcoin as the leading cryptocurrency exchange is also reducing its services in mainland China amid fears of growing regulatory scrutiny. According to Bloomberg, Huobi is limiting these services in a handful […]
Large Bitcoin Investors aggressively accumulate 122.5K BTC amid latest market crisis
It appears some of Bitcoin’s most influential investors bought the dip during last week’s market mayhem. Large Bitcoin investors appear to be aggressively buying the dip amid the latest price correction, raising optimism that the coordinated selloff could be about to end. According, the analysis from Glassnode, Morgan Creek Digital’s Anthony Pompliano recently stated that […]
DeFi100: Crypto Protocol Developer Have Allegedly Stolen Investors Fund worth $32M
A strange message on a cryptocurrency website DeFi100.org told investors they’d been fooled and “you can’t do [the slightest thing] about it.” With Another message saying ” Oops, looks like the page is lost… This is not a fault, just an accident that was not intentional.” Cryptocurrency project DeFi100, decentralized finance (DeFi) protocol built on […]
Elon Musk Repledges His Crypto Allegiance
The CEO of Tesla and Spacex, Elon Musk has again, reaffirmed and repledged his cryptocurrency allegiance, after a series of red signals in the market plunge this past week. Musk affirmed he ultimately favors cryptocurrency against fiat-issued money on Twitter, something that was seen as a clear rebuff from his earlier statements where he criticized […]
Crypto Can Rev Up Your Retire-Early Plan, It Can Also Kill it, Be Careful
Cryptocurrency like Bitcoin has been around for so many years and has also survived numerous crashes (see also: this past week, which saw Bitcoin tumble as crypto champion Elon Musk began questioning its negative impact in our society). The boom in cryptocurrency that has happened over the years shows a larger acceptance as individual investors and corporate bodies […]