bitcoin Bitcoin Crime Bitcoin Scams Crypto Financial Conduct Authority united kingdom 

Lambo-Lusting Britons Lose $34 Million to Forex, Bitcoin Investment Scams

By CCN: United Kingdom’s financial regulator, Financial Conduct Authority and the reporting center for scams and cybercrime, Action Fraud, have issued a warning following a surge in online Bitcoin and forex investment scams. Per the two bodies, Britons lost more than £27 million ($34.2 million) to fraudsters during the 2018/19 period. In 2018, reports on bitcoin and forex investment scams more than tripled to reach over 1,800 cases. The average loss for each victim during the 2018/19 period was £14,600 ($18,532). The scammers are employing social media platforms to promote…

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bitcoin Bitcoin Analysis Bitcoin Price News Crypto 

Bitcoin Price Skyrockets to 2nd-Best Quarter in 5 Years; Record High Next?

By CCN: Bitcoin price is on track to having its second-best quarter since 2014 with a 92 percent gain within two months if it remains above $8,000 by the end of June. Since April 1, in about a month and a half, the bitcoin price has increased from $4,100 to $8,000, by nearly two-fold against the U.S. dollar. $BTC current quarter ranks as the 2nd highest quarterly gain since 2014 and the 7th highest quarterly gain all-time pic.twitter.com/bNTohKJREw — Josh Olszewicz (@CarpeNoctom) May 19, 2019 At its lowest point in…

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bitcoin Bitcoin Price News Crypto max keiser Pantera Capital 

Bitcoin Surged 10x After 2016 Halving; Will 2020 See a Similar Result?

By CCN: In about every four years, the Bitcoin blockchain network experiences a block reward halving, a mechanism that reduces the rate in which new bitcoin is generated or mined by miners. The block reward halving has typically served as a key fundamental factor behind the dominant cryptocurrency’s major rallies. Price one year before first halvening : $2.55 Price one year after first halvening : $1,037 Price one year before second halvening : $268 Price one year after second halvening : $2,525 Price one year before the third halvening: $7,100Price…

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bitcoin Bitcoin Price News charlie shrem Crypto 

Impressive! Resilient Bitcoin Price Moves Higher as Crypto Stars Align

By CCN: The bitcoin price stumbled toward the end of the week but it looks like the bulls have gotten it together. BTC is now moving higher by nearly 7% to approximately $7,800 at last check on CoinMarketCap. The price had fallen as low as approximately $7,000 on Friday, and some traders have been calling for the bottom to fall out. It seems as though that won’t happen, at least not today. | Source: CoinMarketCap Even though the sudden reversal came suddenly and seemingly disrupted some weekend plans, nobody on…

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bitcoin Bitcoin Price News Crypto 

Bitcoin Price Party’s Only Getting Started after 2019’s Monster 100% Surge

By CCN: According to eToro senior market analyst Mati Greenspan, bitcoin is in amidst a parabolic bull cycle and is on track to sustain its strong momentum over the medium to long term. Since January, within less than six months, the bitcoin price has increased by nearly 100 percent against the U.S. dollar. With a 98 percent gain year-to-date, bitcoin has outperformed most assets in 2019 (source: coinmarketcap.com) Still, despite its large short-term rally, Greenspan noted that the dominant cryptocurrency is only at the start of a bigger cycle that…

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bitcoin Bitcoin Analysis Crypto Op-ed Opinion 

Sneak Peek! 2024 is Absolutely the Year Bitcoin Becomes Mainstream

By CCN: Bitcoin may be a decade old, but we’re still in the early stages. In fact, we’re so early that a Medium article revealed that we’re in the year 1994 if you compare crypto’s trajectory to that of the internet in the early 1990s. Nevertheless, mass adoption is coming at a rapid rate and our research shows that we are half a decade away from that dream. In this article, we explain why 2024 is the year that cryptocurrencies become mainstream. The Number of Bitcoin Users Will Definitely Explode…

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Altcoin News bitcoin Crypto dogecoin Ethereum John McAfee Op-ed Opinion Vitalik Buterin 

John McAfee Bashes Bitcoin and Ethereum but Touts ‘Adorable’ Dogecoin

By CCN: John McAfee is famous for predicting that the bitcoin price will hit $1,000,000 at some point or he’ll eat his own appendage. What you might not know is that he dislikes Ethereum and doesn’t even care that much for BTC, either. Yes, the reason is as silly as you might have hoped. Meanwhile, similar to Tesla CEO Elon Musk, McAfee has a soft spot for meme-fueled cryptocurrency Dogecoin. Folks asking my opinion of Ethereum: Well . . .. Frankly, I prefer one syllable coins and am not fond…

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bitcoin Bitcoin Value Crypto Jamie Dimon Mark Mobius Warren Buffett 

Legendary Millionaire Investor Pivots from ‘Fraud’ to ‘Alive and Well’ on Bitcoin

By CCN: Bitcoin has converted yet another critic. World-famous investor and emerging markets guru Mark Mobius once called bitcoin a fraud. But in an interview yesterday with Bloomberg he appeared to change his mind, saying it was “alive and well.” “There’s definitely a desire among people around the world to be able to transfer money easily and confidentially. That is really the backing to bitcoin and other currencies of that type. So I believe it’s going to be alive and well.” Legendary investor Mark Mobius just flipped on Bitcoin!! “There’s…

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bitcoin Bitcoin Analysis Bitcoin Price News Crypto Lightning Network 

Lightning Network Is Driving Bitcoin’s Resurgence

By CCN: Bitcoin must have been struck by lightning – the Lightning Network. That’s what some crypto observers are saying is behind bitcoin’s price surge. As part of its blockchain Week coverage, CNBC has hosted a series of crypto players to analyze what’s going on in the suddenly-roaring industry. Bob Iaccino, the chief market strategist at Path Trading Partners, joined the discussion on Wednesday to explain what’s behind the bitcoin price doubling so far this year. Bitcoin Price Rally Spurred by Lightning Network: Futures Trader CNBC reporter Seema Mody said…

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bitcoin Bitcoin & Blockchain Investments Blockchain News Crypto microsoft 

Microsoft’s Blockchain Obsession, Including ID Push, Is Good for Bitcoin

By CCN: Does Microsoft consider blockchain to be the strongest technology in the world? Who knows, but they sure seem to recognize its growing mainstream status and view it as a potential moneymaker. The company recently announced that it would be building a decentralized identity (DID) network on top of the Bitcoin blockchain, the oldest and arguably most trusted blockchain within the space. The network will be built in accordance with standards set by the Decentralized Identity Foundation, which Microsoft claims can overpower the “throughput issues” commonly witnessed on the…

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