Your favorite crypto news blog
Last posts about
01/08/20 06:00 by Nick Chong
Crypto Tidbits: Bitcoin Explodes Past $11k, Ethereum 2.0 Nears, Cardano’s Shelley Launches
Another week, another round of Crypto Tidbits.
It’s been an explosive week for the Bitcoin and crypto market, to say the very least. Bitcoin surged from under $10,000 to as high as $11,500 this... Read More
31/07/20 12:00 by Nick Chong
Unexpected Factor That Suppressed Bitcoin Bulls in 2019 Is Now Gone
If you’ve been involved in the Bitcoin market over the past year, you know of PlusToken.
PlusToken was a Ponzi scheme with a focus on the Asian cryptocurrency space that was active in 2019. In o... Read More
25/07/20 21:54 by Olivia Brooke
Whale Bot Identifies $5 Million Bitcoin Transfer From Hackers Who Attacked Bitfinex In 2016
Protecting one’s privacy with Bitcoin doesn’t come easy. The Bitcoin Blockchain permanently records and displays all transactions publicly, this makes it possible for almost anyone to tra... Read More
25/07/20 05:00 by Nick Chong
$5 Million Worth of Bitcoin From Bitfinex’s 2016 Hack Just Moved
While the winnings of a bank heist can be hard to track, it’s a different story for Bitcoin and crypto hacks. Unless hackers use mixing and privacy technologies, the coins they steal from exchan... Read More
30/06/20 17:00 by Ali Martinez
Ethereum’s Booming Usage Could Spark ETH Drop: Here’s Why
Ethereum has undergone a consolidation period for over the past month. Since the beginning of June, the second-largest cryptocurrency by market cap has mostly traded between the $217 support and the $... Read More
30/06/20 12:00 by Nick Chong
Despite Brutal Rejection at $10.5k, Bitcoin Uptrend Has “Strength”: Analyst
At the start of June, Bitcoin suddenly surged towards and past $10,000. The cryptocurrency rallied so far and so fast that $123 million worth of short positions on BitMEX were liquidated within an hou... Read More
29/06/20 00:00 by Nick Chong
The Signal That Marked Bitcoin’s 2019 and 2020 Highs Has Yet to Flash
There are many analysts saying that Bitcoin looks like it’s at a medium-term high.
As reported by NewsBTC previously, a trader said that the cryptocurrency is trading in a textbook “distri... Read More
26/06/20 03:00 by Cole Petersen
XRP May Soon Face a 485M Sell Wall Due to This One Nefarious Group
It’s no secret that XRP has been struggling to garner any momentum over the past few years, with its downtrend not being able to reverse despite many of its peers posting intense rallies throughout ... Read More
25/06/20 23:00 by Cole Petersen
Will PlusToken Moving $458M Worth of Crypto Spark a Bitcoin Retreat?
Bitcoin and the aggregated crypto market have flashed some signs of weakness over the past 24-hours, with the benchmark digital asset reeling down to the lower boundary of its long-held trading range ... Read More
25/06/20 16:25 by Adrian Klent
PlusToken’s Crippling Effect On Bitcoin and the Billion-Dollar Impact on Crypto Markets
Travis Kling, a crypto asset firm manager has drawn the public’s attention to a questionable cryptocurrency transaction that involves leading cryptocurrency exchanges Huobi and Okex and more in... Read More
23/06/20 00:59 by Jeff Fawkes
PlusToken Scam Moves $67 Million In EOS, Fears Of A Possible Dump Erupt
According to data from the EOS blockchain, a wallet that held over 26 million EOS tokens (worth $67 million) has moved the coins to an unknown wallet. In July 2019, this project was accused of being ... Read More
17/05/20 14:07 by Jeff Fawkes
Chinese Police Uncover PlusToken-like Scam Scheme That Stole 46,000 Bitcoin From Victims
Per the detailed court ruling which is already firing up the Chinese media, WoToken can be considered one of the biggest scams in the history of cryptocurrency. The police investigators uncovered mor... Read More
16/05/20 20:30 by Cole Petersen
Report Claims That Another “Mega-Sized” Chinese Crypto Ponzi Scheme has Emerged
In 2019 the world was captivated by news of a Chinese-based crypto Ponzi scheme called PlusToken.
The ringleaders of this scheme defrauded unsuspecting investors out of billions of dollars’ worth of... Read More
08/03/20 19:25 by Brenda Ngari
Three Simple Reasons Why Bitcoin Feels Bearish Sub-$9,000
The crypto market saw impressive gains in February. After soaring for weeks whilst the stock markets succumbed to intense selling pressure, cryptocurrencies finally joined in on the proverbial bleedi... Read More
17/12/19 06:07 by Anatol Antonovici
Bitcoin Price Dropped Below $7,000 Likely on PlusToken Dumpers
Bitcoin price broke down below the psychological level of $7,000 late on Monday. The cryptocurrency updated the December low after blockchain researcher Chainalysis said that PlusToken scammers were s... Read More
17/12/19 00:00 by Cole Petersen
Here’s What Burst Bitcoin’s $14,000 Yearly Top and May Lead it Even Lower
Bitcoin has faced turbulence throughout 2019, with the first half of the year being firmly controlled by bulls that sent it as high as $13,800, while the second half of the year played to the favor of... Read More
16/12/19 23:00 by Rick D.
Two Reasons Why Ethereum Crashed 10% in a Matter of Minutes
The second most popular digital asset by market capitalisation led a crypto industry wide plunge in prices today. Ether (ETH), the native cryptocurrency on the Ethereum network, fell by around 10 perc... Read More
14/12/19 13:00 by Nick Chong
Could Bitcoin Price Press Higher as PlusToken Liquidations Slow?
Over the past few months, the crypto industry has been awash with news about the PlusToken Bitcoin scam, which allowed scammers to accrue billions worth of digital assets over the course of a year-lon... Read More
11/12/19 15:39 by Anatol Antonovici
CoinMetrics Data: The True Extent of PlusToken BTC Dumping on Huobi
In the last few months, media reported on several occasions that Singapore-based crypto exchange, Huobi, had processed a huge amount of PlusToken withdrawals. Crypto market data firm, Coin Metrics, ha... Read More
29/11/19 03:50 by Kai Sedgwick
Is Plustoken to Blame for Bitcoin’s Sell-Off?
Armchair theorists love postulating the reasons behind bitcoin’s latest price rise or sell-off. From China FUD to exchange hacks, anything and everything is fair game for blame. Plustoken is the... Read More
27/11/19 13:24 by Christine Vasileva
Is PlusToken Behind Bitcoin Bull and Bear Price Actions this Year?
The bitcoin price rally in the summer of 2019 may have been the work of PlusToken investors. The scam, highly influential in China, but largely invisible to Western traders and social media, benefited... Read More
21/11/19 20:00 by Tony Spilotro
Could PlusToken Scam Be Responsible for Broken Crypto Market Structure?
Ever since Bitcoin’s bottom at $3,100, the crypto market has been convinced that the first-ever crypto asset was building a foundation for its next bull run.
But a powerful parabolic rally this year... Read More