Tether Scandal Could Cause Big Bitcoin Short Squeeze, Boosting BTC: Analyst

Last week, the crypto community was shocked when the New York Attorney General’s (NYAG) office revealed that Tether Limited, the issuer of the USDT asset, and world-renowned Bitcoin (BTC) exchange Bitfinex may be in precarious financial standing. Related Reading: Bitcoin and Crypto Investors Are Torn Over Using Bitfinex After Accusation Respected sources, however, claim that […]

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Bitcoin At $6,000: Key Level to Watch, Analyst Says

A Houston-based economic analyst outlined that it’s very important to watch how Bitcoin behaves at the major resistance level at $6,000. Meanwhile, Fundstrat’s Thomas Lee has said that the cryptocurrency is “likely” to reach new all-time highs “around” 2020.  Bitcoin at $6,000: Important Level to Watch Houston-based economic analyst Jesse Colombo, popular for his warning […]

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Hackers Used Microsoft Email Accounts to Steal Users’ Cryptocurrency, Report

In worsening news for users of Microsoft’s email services like Outlook, Hotmail and MSN, several cryptocurrency holders affected by a recent hack allege that the hackers responsible stole their crypto, as reported by Vice’s Motherboard on April 29.   One victim claimed on a Dutch tech forum to have lost just over 1 bitcoin (BTC), or […]

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SEC Deals Another Blow, Temporarily Suspends Trading at Bitcoin Generation

The US Securities and Exchange Commission (SEC) took another step backward from Bitcoin this morning by suspending all trading in securities of Bitcoin Generation (BTGN), the first publically traded cryptocurrency exchange.  The suspension will take place from 9:30 AM EDT to 11:59 PM May 10. The SEC announced that this will be a temporary suspension […]

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Report: E-Trade is Finalizing its Crypto Trading Platform

New York-based online brokerage firm E-Trade Financial Corp. has plans to launch trading services for digital assets, Bloomberg reports. Bitcoin and ether will be the first assets to be supported by E-Trade’s crypto trading service, but the firm has plans to list other assets in the future. This announcement comes on the heels of a […]

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