According to the South China Morning post, Hong Kong police have launched a massive manhunt for a gang that made away with 3.5 million Hong Kong dollars ($450,000) from a woman in the Hong Kong. The gang made away with…
BOA Survey: Bitcoin is Now The Most Crowded Trade
A major United States fund manager survey or FMS has found Bitcoin to be at the summit of positive investor sentiment. According to Reuters, 36% of respondents quizzed in the survey pointed to Bitcoin as the most crowded trade ahead…
Institutional Investors Stay Engaged As BTC Chases New High
Bitcoin’s volatility has been on full display in the last week with the last twenty four hours being very interesting. The early trading hours of January 14 saw BTC regain a market cap of over 1 Trillion having reached $40,099…
ETH Deposits May Run Out In 48 Hours As Exchanges Haemorrhage the Token Fast
According to CryptoQuant, the amount of Ether being held in exchanges has gone down tremendously in the last 48 hours. Data from CryptoQuant also indicates that only 8.1 million ETH is currently in the custody of exchanges at the moment…
Some Asian Investors Look to Polkadot As An Indicator For the Future
As the price of Bitcoin and altcoins continue to see sharp rises, many traders are looking for signs and clues for a possible reversal. It’s well understood that rallies don’t last forever, a drop is always coming and that is…
More Trouble For Ripple as Bakkt Bails
One of the biggest crypto companies in the US, Bakkt, will not support XRP as part of its further product development according to the firm’s CEO. Bakkt CEO Gavin Michael confirmed on January 11 that Bakkt would be dropping Ripple’s…
Popular Cynic; Shark Tank’s Kevin O’Leary Owns Some Bitcoin!
Reality TV show star and business mogul Kevin O’Leary might just be changing his mind about Bitcoin. The businessman who makes appearances on Shark Tank has in the past blasted the crypto space and used words like “Crypto crap” and…
FCA Warns About Investing in Bitcoin and Other Cryptos
The Financial Conduct Authority which is the UK’s financial regulator has warned investors about putting their money in crypto. The Financial Conduct Authority (FCA) issued the warning amid a crypto crash that saw a 30% drawdown in the BTC price.…
Cardano (ADA) Among The Top 4 Cryptos to Watch This Week
Crypto markets have been going crazy since the New Year began and more crazy volatility has been seen in the last 48 hours. As at Jan 8, the BTC price was trading at a record high of $42,000 only to…
JPMorgan: Bitcoin Could Hit $146K In the Long-term
Investment banking giant JPMorgan has predicted a long-term BTC price of $146,000 according to a Bloomberg report. The prediction by JPMorgan was based on the assumption that the cryptocurrency could grow in popularity as an alternative to gold. A lot…