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This past weekend was particularly volatile for the crypto markets, which surged on Saturday before fully retracing on Sunday. The resulting losses have carried over into Monday, with most major altcoins trading flat or down slightly today. Most altcoins are closely tracking Bitcoin’s price action, and one prominent analyst thinks that most major cryptocurrencies are...
The post Crypto Markets Near Weekly Lows Following Weekend Volatility appeared first on NewsBTC.
By CCN.com: Legacy banks are not worried about crypto because it has no value and fails the fundamental tests of financial services. That’s the assessment of Huw van Steenis, the senior adviser to Bank of England Governor Mark Carney. Van Steenis says while traditional banks are always trying to fend off competition from new fintech platforms, he’s
The post Crypto is Worthless, Fails Basic Financial Tests: Bank of England Adviser appeared first on CCN
Switzerland’s Falcon Private Bank has introduced a cryptocurrency wallet as well as support for direct transfers of BTC, BCH, ETH and LTC for private and institutional investors. The bank said investors can now directly transfer cryptocurrencies to and from its own “segregated Falcon wallets.” They can also convert their digital coins into cash. Also read: Chile to […]
The post Falcon Private Bank Launches Crypto Wallet With Support for Direct BTC and BCH Transfers appeared first on Bitcoin News.
According to a lengthy Reddit post from earlier today, Apollo (APL) has all the hallmarks of a massive scam to enrich its creators. The allegations, coming from Reddit user RossyRoffle, state that there are many red flags with the project, suggesting that the “all-in one cryptocurrency” is nothing more than vaporware dressed up as ground-breaking...
The post Is Apollo (APL) a Scam? Evidence Mounts to Suggest So appeared first on NewsBTC.
Bitcoin (BTC) is currently coming off of an incredibly volatile weekend where it surged to highs of $3,750 on Saturday before retracing to lows of $3,550 on Sunday. Although nothing fundamental drove this volatility, it is now becoming increasingly common to see volatility over the weekends, which is primarily due to the decline in trading...
The post Analyst: Bitcoin (BTC) Support Level at $3,550 Weakening After Volatile Weekend appeared first on NewsBTC.
By CCN.com: Suspects in the “Big Bitcoin Heist” of 2018 have been sentenced to various prison terms based on their level of involvement in the much-publicised theft of more than three-quarters of a million dollars worth of crypto mining equipment. Crypto Mining Thieves Jailed in Iceland Ringleader Sindri Stefanson bagged the longest sentence with a
The post ‘Big Bitcoin Heist’ Ringleader Jailed for Massive Crypto Mining Rig Theft appeared first on CCN