The U.S. Securities and Exchange Commission charged a former Texas pastor and his wife for allegedly defrauding hundreds of investors through an alkaline water-backed cryptocurrency, TeshuaCoin. Larry Donnell and Shuwana Leonard were charged Friday with defrauding investors by allegedly stealing nearly $500,000 in the sale of bogus stock certificates and shilling an alkaline water-backed cryptocurrency
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The owners of the website Freebitco.in have announced a coronavirus relief fund following the myriad of other crypto companies donating funds to help fight the covid-19 pandemic. Freebitco.in is an extremely popular gaming website that saw more than 40 million visitors last month in web traffic and the site ranks #2,379 globally according to Alexa
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Although the Coronavirus pandemic has led many brick and mortar industries to close operations, cryptocurrency exchanges seem to have had their best month in a long time.  According to an exchange report released by CryptoCompare, Bitcoin (BTC) trading volume saw record-breaking numbers throughout the month. Cryptocurrency market daily view. Source: Coin360 The March 13 market
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The past few days have been positive for Bitcoin, as the flagship cryptocurrency continues to recover from the major correction last month. There is no shortage of analysis supporting further price gains, yet one critical piece of data stands out as very positive. BITCOIN POISED TO CROSS A MAJOR THRESHOLD Analysts Pierre has observed that
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The United States Commodity Futures Trading Commission (CFTC) has requested that the alleged founder of the crypto $147 million Ponzi scheme Control-Finance be declared a default. On April 3, the CFTC filed for a ruling of default after Control-Finance’s alleged founder and director, Benjamin Reynolds, did not respond to the regulator’s complaint. CFTC unable to
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Following Bitcoin’s recent rejection at $7,300, the benchmark cryptocurrency has once again established another bout of sideways trading within the upper-$6,000 region, with bulls and bears reaching an impasse as its near-term trend grows increasingly unclear. Analysts are now noting, however, that from a macro perspective Bitcoin remains firmly bearish as long as it is
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Researchers at the Bank for International Settlements (BIS) think COVID-19 may accelerate the adoption of digital payments and sharpen the debate over central bank digital currencies (CBDC). They issued their forecast in BIS’ April 3 Bulletin. COVID-19 is changing the public’s relationship with cash, they said, despite the scientific community’s consensus that coronavirus transmission via
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MakerDAO founder Rune Christensen told CoinDesk late last year that the MakerDAO Foundation had two years left before its planned obsolescence. It sounds like it may take a bit longer but recent moves suggest the organization really is serious about shutting down.  First, it turned control of the supply of undistributed governance tokens, MKR, over
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Bitcoin has been bullish this week, peaking yesterday at over $7,083 on Coinmarketcap and even surpassing $7,200 on several major exchanges. The cryptocurrency declined below $6,900 as of today, but the bullish stance might be supported by surging oil prices. Bitcoin-Oil Correlation Bitcoin usually doesn’t show any correlation to traditional assets. Still, it fell below
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