Bitcoin millionaires surge 111% in a year amid crypto rally

In 2020, holding the top 100 altcoins equally was a more lucrative investment than Bitcoin up until Dec. 18, according to eToro. 3200 Total views 12 Total shares Investors who knew when to swap Bitcoin (BTC) and altcoins could have boosted their gains significantly in 2020, according to new research from eToro, the popular social…

Authorities from the Hainan province in southern China have vowed to increase oversight on the nonfungible token (NFT) sector to “promote the healthy development” of the sector and to stomp out fraud and other associated risks. In a separate announcement, the People’s Bank of China (PBoC) also announced that it is working on new features…

One of the original allures of cryptocurrency is the narrative that using them provides the sender or recipient anonymously, but this is a common misconception within the sector. In reality, Bitcoin (BTC) and many other cryptocurrencies are easily traceable.Proof of this came earlier this week when on April 27, U.S. authorities arrested the mastermind of Bitcoin…

The United States Federal Bureau of Investigation (FBI) is seeking to contact investors in alleged ponzi scheme Bitconnect (BCC) that collapsed in January last year, a news statement confirmed on Feb. 20.As part of ongoing investigations into the activities of the well-known but shadowy scheme, the Cleveland branch of the U.S. law enforcement agency appealed…

More than $30 million worth of Ether contracts changed hands on CME during the market’s first day of trade. 1008 Total views 11 Total shares The launch of Chicago Mercantile Group’s highly anticipated Ether futures saw more than $30 million worth of contracts traded during the first day of trade.Launched on Feb. 8, CME’s new…

As discussed in a previous article on bullish candlestick patterns, trading using Japanese candlesticks is the most popular method for analyzing price action by crypto traders.There are many patterns worth learning and understanding — some of the most essential bearish patterns are discussed below. It is important to note, once again, that context and candle…

An investigation of MEVbots’ contract revealed a backdoor that allows the creators to drain Ether from its users' wallets. 590 Total views 10 Total shares MEV gain, an Ethereum (ETH) arbitrage trading bot built by MEVbots, which claims to provide stress-free passive income, has been actively draining its users’ funds via a fund-stealing backdoor. Arbitrage bots…

Bitcoin (BTC) regained fresh ground on April 21 after bears failed to gain control of short-term price action overnight. BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewTrader: Holding $42,300 could open up path to $50,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching new local highs of $42,455 on Bitstamp Thursday.With the Wall Street open still…