Crypto Ponzi Scammer Bags Seven Years Jail Term

Stefan Qin, an Australian college dropout, has been found guilty of defrauding people to the tune of $90m using digital currencies as cover. Qin, who ran the crypto scam firm Virgil Sigma, lied to his ‘investors’ that their funds will be invested in crypto arbitrages across 45 crypto exchanges and offer more than 450% returns … Read more

Ark Investment Launches Investment Funds Offering For Canada BTC ETF

A new SEC filing shows that Ark investment will soon launch an offering that allows investors to participate in Canada-based crypto ETF. The proposal remArks that investors must know that this fund offering and a direct bitcoin holding offer similar risks. Risks And Investor Interest It also reiterated that this offering might trade at a … Read more

Bitcoin Whale Buys $23 Million Worth of BTC

Market declines often present themselves as an opportunity for traders to get into the market at a discount. A Bitcoin whale said to own the third-largest Bitcoin wallet has taken advantage of the current dip to buy more of the flagship cryptocurrency. According to reports, his latest purchase is almost 500 BTC valued at $23 … Read more

Crypto Exchange FTX CEO Calls Derivatives Important For Crypto Markets Efficiency

Sam Bankman-Fried, the FTX CEO, recently stated that crypto derivatives are crucial for the purposes of enhancing the efficiency and liquidity of the markets. Sam is FTX’s chief executive regarding cryptocurrency derivatives, and so he believes that these derivatives are, despite the opinions of many, necessary if we are to improve the digital markets’ efficiency … Read more

Grayscale CEO Advises US SEC on Bitcoin ETF

Global asset manager Grayscale continues to mount pressure on the US Securities and Exchange Commission for a Bitcoin ETF. In a recent development, CEO of Grayscale, Michael Sonnenshein shares his thoughts on which he thinks should come first between a Bitcoin Futures ETF and Spot Bitcoin ETF. He also touched upon Bitcoin adoption in El … Read more

Bitcoin Bulls Back in Action, Targeting $53K Return

Bitcoin sees bullishness today as the crypto managed to revisit the psychological price level at $50,000. Conquering the 23.6% Fibonacci will have BTC bulls exploring the $53,000 price levels. The overall crypto market appears to extend Wednesday’s bullishness today. That had Bitcoin and most alts trading higher on Thursday. While writing this content, BTC-USD gained … Read more

Learn How to Avoid Falling Victim to Financial Scams

Easy money everyone wants. But there is no free lunch. The number of financial scams in the square has been increasing in recent years. The estimate is that about 10% of Americans have already fallen into some type of coup. In general, the victims want something that does not exist: exorbitant profits in a short … Read more

How to Buy Ethereum – A Quick Guide

Launched back in 2015, Ethereum is one of the important types of cryptocurrency. It received a mind-blowing welcome and acceptance from traders across the globe. Also known as Ether, this particular type of cryptocurrency has given rise to people who always wanted to become well-off. It is considered to be the second-largest cryptocurrency after Bitcoin. … Read more

Why Cryptocurrency Bots Is Booming In The Industry

When it comes to cryptocurrency exchanges today, there’s still a lot of trading done by human traders. Nevertheless, this trend is rapidly turning to automated trading solutions, also known as arbitrage bots. Let’s analyze the main reasons why profit-taking bots are gaining popularity. Efficiency Machines can perform tasks much faster than humans. In fact, it’s … Read more