Did the Mt. Gox Trustee Bitcoin Sell-Off Cause the Crypto Market to Crash?

Did the Mt. Gox Trustee Bitcoin Sell-Off Cause the Crypto Market to Crash?

On September 25, the Mt. Gox trustee released a document entitled “Announcement on Measures to Secure Interests of Bankruptcy Creditors,” disclosing the sale of over $230 million worth of crypto including Bitcoin and Bitcoin Cash. While it still remains unsure whether the decline in the price of BTC and the valuation of the crypto market…

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Bitcoin Price Intraday Analysis: BTC/USD in Bear Flagpole Formation

Bitcoin Price Intraday Analysis: BTC/USD in Bear Flagpole Formation

Bitcoin on Tuesday depreciated more than 3 percent against the US Dollar after reversing from a bear flag top yesterday. The BTC/USD walked the day carrying the prevailing bearish sentiment on its shoulders. The early Asian trading session opened at 6518-fiat and didn’t wait much before dropping below key support areas around 6500-fiat and 6400-fiat.…

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BitcoinIRA Exec: Bitcoin Could Surpass $40,000 After ETF Approval, Institutional Adoption

BitcoinIRA Exec: Bitcoin Could Surpass $40,000 After ETF Approval, Institutional Adoption

As Bitcoin, along with the rest of the cryptocurrency market, began to rally heading into last weekend, the sentiment surrounding the future prices of crypto assets seemingly began to shift, as many optimistic investors claimed that an upside is in store. Chris Kline, a community voice at Forbes and the co-founder and COO of BitcoinIRA, recently…

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Another Plus One For Crypto; Banking Giants Fined Billions for Malpractice

Another Plus One For Crypto; Banking Giants Fined Billions for Malpractice

For their misconducts, US and European regulators are imposing heavy fines on global banks. Solid research findings indicate that fines could top $400 billion by 2020 according to reports by Quinlan and Associates. Most of these stems from their malpractice in the few months leading to the great financial crisis of 2008. That’s not including…

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BTC to hit $25000🔸Victory: Ripple’s 2nd Court Case🔸Convert your change to Crypto

BTC to hit $25000🔸Victory: Ripple’s 2nd Court Case🔸Convert your change to Crypto

ETH still struggling Google BTC searches near 3yr low Nano initiated phone charger Dash to give mainstream money a run! Fake news running rampant at DASH Banks, institutions, and audit firms taking over crypto? Brave Browser – 10mil downloads More details concerning McAfee’s $62mil in stolen crypto IOTA’s trinity wallet beta for desktop released Bianance…

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DBX – The Blockchain for Real World Apps Launches Official ICO

DBX – The Blockchain for Real World Apps Launches Official ICO

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned…

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VegaWallet – Bringing Mobile Crypto Payments to the Masses with POS

VegaWallet – Bringing Mobile Crypto Payments to the Masses with POS

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned…

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Ripple (XRP) Erases Over 40% Gains ($9.5 Billion) as Top Coins Fall; What’s Next?

Ripple (XRP) Erases Over 40% Gains ($9.5 Billion) as Top Coins Fall; What’s Next?

After displaying a supernormal rally that amounted to more than 60 percent gains within a week, XRP is now doing a complete reversal. Ripple has lost more than $9.5 billion in market cap since establishing its highest peak since April. The coin reached its high on Friday last week, at around $27.5 billion, but witnesses…

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‘Business Improvement Order’: Japan Slaps Crypto Exchange Operator after $60 Million Theft

‘Business Improvement Order’: Japan Slaps Crypto Exchange Operator after $60 Million Theft

Japanese financial authorities are ramping up their scrutiny into the domestic crypto exchange sector after last week’s ¥6.7 billion ($60 million) hack of Tech Bureau’s exchange Zaif. In an announcement today, Japan’s Ministry of Finance struck Osaka-based Tech Bureau, operator of the licensed cryptocurrency exchange Zaif, with “administrative penalties” wherein the latter sees a number…

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SEC And FBI Eye Blockchain Analysis Services, Money Launderers Watch Out

SEC And FBI Eye Blockchain Analysis Services, Money Launderers Watch Out

Bitcoin is only used for money laundering and terrorist financing,” cynics of this nascent industry continually cry, as these wanton critics believe that blockchains, in all their the pseudonymous glory, are solely used for illicit acts. While crypto assets aren’t inherently evil, as its critics like to believe, leading government-affiliated groups have seemingly acknowledged the aforementioned ‘problem’,…

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