'Definition of a leverage driven pump' — 5 Things to know in Bitcoin this week

Thursday, August 23: virtually all of the top 100 cryptocurrencies are in the red today, with average losses of between 1 and 4 percent among the top 10 largest coins by market cap, as Coin360 data shows. Yesterday evening’s news of the U.S. Securities and Exchange Commission’s (SEC) disapproval orders for 9 different Bitcoin exchange-traded…

The crypto lender was previously "rescued" by FTX following the LUNA stablecoin collapse. 1284 Total views 5 Total shares BlockFi announced on Nov. 28 that it has filed for Chapter 11 bankruptcy. The filing in the United States Bankruptcy Court for the District of New Jersey pertains to the company and its eight subsidiaries. The…

Russian intelligence might have a lot to do with helping former Wirecard COO Jan Marsalek disappear into thin air. 1531 Total views 19 Total shares Jan Marsalek, the former chief operations officer of Wirecard who went missing after his supposed trip to the Philippines last month to chase the missing 2 billion Euro in the…

Blockchain-enabled web browser Brave has partnered with news website Cheddar to offer its users three months of free access to premium content, a press release reports Jan. 29.According to the press release, Brave Browser users will automatically obtain access to premium content on Cheddar’s website, without action on the user’s end. Jon Steinberg, founder and…

Breaker Magazine (Breakermag), an American online crypto publication, is reportedly shutting down, industry news outlet The Block reported on April 29.Launched in July 2018, the publication will reportedly cease operations due to the lack of a feasible business plan, the report notes, citing anonymous sources familiar with the matter.Created by journalist and business tech author…

The Montana Senate recently passed a bill designed to protect crypto miners operating within the state. The proposed law, which is currently making its way through the state's House of Representatives, seeks to protect both individual and commercial miners in Montana against discriminatory laws by scrapping some of the rules that have the potential to…

Warning: This story contains sensitive content that some readers may find disturbing.A Dutch national known as ‘Mr Dark’ — who allegedy made $1.6 million in cryptocurrency from hosting violent rape and child pornography videos — has been indicted by a Federal Grand Jury in the District of Columbia.Michael Rahim Mohammed, 32, allegedly operated the ‘Dark…

For the first time since 2017, Bitcoin price pushed above $19,000, and multiple indicators suggest the rally may continue. 5646 Total views 23 Total shares The price of Bitcoin (BTC) hit $19,000 on Nov. 24 for the first time since the historic rally in December 2017. Three key reasons are behind the dominant cryptocurrency’s strong…