Harvard Professor: Bitcoin Will Only Work For Failed States

Bitcoin is getting hits from more than just regulators now. A Harvard crypto skeptic has added salt to the wounds inflicted on BTC by soon to be treasury chief Janet Yellen. Kenneth Rogolf, a public policy and economics professor at…

Dubai Financial Watchdog Set To Unveil New Regulatory Framework

According to the Dubai Financial Services Authority (DFSA) which is the chief regulator of the Dubai International financial centre (DIFC), a new regulatory framework for cryptos is about to be unveiled. New framework expands on existing rules According to the…

“Bitcoin Drops To $28,000 per BTC Due To A Flaw In The Crypto Called ‘Double Spend’

Bitcoin hits all time time nearing $42,000 start of New Year has dropped significantly to 30,000 lowest since start of this year. The primary reason for this drop is connected to two major events. BitMEX Research Team suggested that a…

Janet Yellen: Bitcoin Is An Enabler For Illegal Activity

Incoming US secretary of the treasury Janet Yellen may not be a big fan of cryptocurrencies at least according to her nomination hearing on Tuesday January 19. Yellen was asked cryptocurrencies as Joe Biden’s pick for the treasury hot seat…

270K BTC Has Been Taken Out Of Supply Over The Last Month

Despite volatile prices that have seen BTC lose its value by 7% overnight, BTC investors are holding on to their Bitcoin. According to data published by crypto market data aggregator Glassnode, “liquid” BTC wallets have shed 270,000 BTC over the…

Armed Criminals Got Away With $450,000 in Bitcoin from Hong Kong Trader

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…