Man turns $88K into $415M with Tesla, then sues after losing it all
Christopher DeVocht made a large share of his wealth from Tesla options before its share price tanked in 2022, triggering a cascade of problems for the trader.
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BlockFi Now Has Over $53 Million in Client Crypto Under Management
BlockFi crypto wealth management and lending company now has over $53 million in client crypto assets under management. BlockFi announced the update in a blog post on April 23.In the announcement, BlockFi also states that it will implement some policy changes starting from May 1, 2019. Specifically, the company says that the minimum deposit to…

Wall Street Journal Creates, Then Destroys Own Cryptocurrency
The Wall Street Journal (WSJ) created and then destroyed its own cryptocurrency in a bid to “understand” the industry, the publication revealed in a mini documentary Wednesday, October 3.WSJ Coin, which journalist Steven Russolillo hoped would shed light on the emerging crypto economy while providing real use cases for the journalism industry, made it to…

OFAC sanctions OTC traders who converted crypto for North Korea’s Lazarus group
U.S. law enforcement has identified three individuals who handled stolen crypto and fiat for the benefit of North Korea. 200 Total views 3 Total shares Own this piece of history Collect this article as an NFTThe United States Treasury Department has identified over-the-counter (OTC) cryptocurrency traders who assisted North Korea’s Lazarus Group in converting stolen…

Bitcoin meets FOMC after 39% January gains with Fed path ‘uncertain’
Bitcoin (BTC) hovered around $23,000 on Feb. 1 after sealing its best January performance in ten years.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewEnd of Bitcoin bear market is "default view"Data from Cointelegraph Markets Pro and TradingView confirmed a monthly close of around $23,100 for BTC/USD — its highest since July 2022.The largest cryptocurrency finished the…

Brazilian university USP will conduct academic research in the metaverse
The university wants to explore important research questions around psychology, human behavior and augmented reality inside the metaverse. 121 Total views 4 Total shares As reported by the University of Sao Paulo (USP), the metaverse-centric research will be carried out by research groups interested in 3D modeling, psychology and human behavior, and the effectiveness of…

Crypto trading firm warns of 'classic bull trap' as Bitcoin tags $82.7K
Bitcoin (BTC) risks becoming part of a “classic bull trap” when the US-China trade war takes its next step, analysis warns. In its latest bulletin to Telegram channel subscribers on April 10, trading firm QCP Capital cautioned over the latest crypto price rebound. QCP: Chinese “countermeasures” may leave crypto bulls stranded Bitcoin and altcoins joined

Bitcoin teases weekly highs as traders eye BTC price leg up to $17.3K
Bitcoin (BTC) inched closer to $17,000 on Jan. 3 as the first Wall Street open of the year loomed.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewConsensus builds for fresh attack on $17,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching highs of $16,766 on Bitstamp — its best performance since Dec. 27.Analysts and traders were…

Bitcoin bull cycle outpaces historical patterns by 100 days: Report
CoinMarketCap’s new quarterly report indicates Bitcoin potentially entering a supercycle, DeFi losing to memecoins and more.