It was on December 17, 2017, when Bitcoin reached its highest value to date, hitting almost $20,000 and promoting a number of people to take double mortgages on their houses. It was a true, unadulterated Bitcoin rush. Quite the rush indeed, with people getting gripped by the “fear of missing out”, a known economic misconception that will now cost them dearly.
A Danish company predicted in the past that Bitcoin could reach the enviable $100,000 in net value, but this has been dashed as the value of the coin has slipped below what is reasonable. Dashed is the six-figure value of Bitcoin. And dashed are the hopes of many to become instant millionaires.
Of course, there are [...]
Welcome to our brief news round up. It’s Monday, November 19, and we are here to bring you three interesting developments from the recent past. First, Google may be the victim of Bitcoin scam. We do realize the irony here, as Google has been among the first companies to start clamping down on these assets.
Meanwhile, West Virginia’s Secretary of State reported that blockchain is shaping up nicely in the state, with voters throwing their support behind the technology and creating meaningful opportunities for others.
And believe it or not, but a US crypto initiative donated Monero to bail ICE Detention immigrants. Crypto is trying to patch up what a failed administration [...]
Today, September 09, has been a rather auspicious day for Bitcoin. Just mere hours ago, Bitcoin went up from $6,190 to $6,450, and let’s face it – this is rather good news, or isn’t it? The jump in the value of BTC has been a much refreshing event, as we have all become painfully accustomed to listen about the latest slump.
Given how much beating the Coin had taken in recent months, most recently on September 5, it’s difficult to imagine anyone expecting it to jump back today. Analysts were certainly not expecting anything of the sort.
What Caused the Slump on 5th of September
September is known as the month of plots. After all, a famous and very [...]
Chinese authorities have been downright miffed at the events that transpired on the territory of the country in the recent past. Authorities have been able to apprehend one of the largest gambling schemes to this day involving over 600 individuals who were actively promoting the online betting den, which gained traction around the same time the 2018 FIFA World Cup was in full swing.
The authorities have managed to book six individuals who are given as the organizers of the whole sting and they also managed to add over 580 people who served as middle-men, promoters and facilitators of the trade.The Facts
Overall, the whole affair involved a number of individuals with an [...]