A recent price recovery in the Bitcoin ( BTC ) market risks getting erased due to an eerie fractal from 2018. Bitcoin price cycle similarities First spotted by CryptoBullet, an independent market analyst, the fractal shows Bitcoin recreating an inverse head-and-shoulders (IH&S) pattern that preceded its price decline toward $3,100 later in December 2018.As a…
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Coinbase Stock Will Regain Its Listing Glory
The trend surrounding Coinbase (NASDAQ: COIN ) stock has been reflective of the broader sentiments for the cryptocurrency industry. After a glorious listing at $430, COIN stock struggled.This also holds true for Bitcoin ( BTC-USD ) with the cryptocurrency remaining volatile with a downward bias. The bullish point is that even amidst volatility and regulatory…
Making sense of the Bitfinex Bitcoin trillions – Dragon radio
Making sense of the Bitfinex Bitcoin trillions February 16, 2022 by admin It’s the Netflix script that wrote itself.A story so outlandish, it’s stunned the crypto community; an industry accustomed to apparent suicides in Spanish jail cells and nonfungible token auctions for dead rappers. The plot involves the United States Department of Justice (DoJ), a…
Data: Illicit crypto wallets hold over $25B as hacks, thefts mushroom
Major criminal wallets hold over $25 billion in cryptocurrency, new data showed on Wednesday, with the majority of illicit funds coming from theft with criminals engaged in increasingly brazen activities involving digital tokens . Following last week’s seizure by the U.S.Department of Justice of $3.6 billion in Bitcoin ( BTC-USD ) stolen from a 2016…
CEX.IO Adds Two New Senior Executives to C-Suite, Expands
Naperville, Ill., Feb.17, 2022 (GLOBE NEWSWIRE) — CEX.IO , a global ecosystem of products and services that connects people and businesses to the cryptocurrency economy and decentralized finance, today named Joel Kosloski as Chief Information Security Officer (CISO) and John Werneke as Chief Product Officer.In addition to these senior appointments, CEX.IO announced the availability of…
Rise of Crypto on Wall Street Could Risk Another Financial Crisis: FSB
Wall Street’s increasing appetite for crypto assets could risk sparking a financial crisis, global regulators warned.The Financial Stability Board said ‘ongoing vigilance’ of institutions such as big banks and hedge funds is needed.Since 2020, the crypto market has seen surging interest from the likes of JPMorgan and Morgan Stanley.Get the inside scoop on what traders…
2,000 Indian students scammed as 3 Canadian colleges shut after bankruptcy
TORONTO: Over 2,000 Indian students, who face an uncertain future after three Montreal colleges closed last month by declaring bankruptcy, have demanded intervention by the Canadian government to give them justice. The CCSQ College , M.College , and CDE College had collected millions of dollars in tuition fees from these students before closing. The students,…
Reported sexual assaults increase at U.S. military academies after return to in-person learning
WASHINGTON (AP) — Reported sexual assaults at the U.S.military academies increased sharply during the 2020-21 school year, as students returned to in-person classes during the coronavirus pandemic, according to several U.S.officials familiar with the reports. The increase continues what officials believe is an upward trend at the academies, despite an influx of new sexual assault…
Lenders pushed “predatory” puppy loans at pet stores across the U.S., group says
Consumer and animal welfare advocates are decrying high-cost loans they say are being offered at pet stores across the U.S.to help people buy puppies. Ogden, Utah-based Transportation Alliance Bank, or TAB Bank, is helping a lending business called EasyPay Finance bypass state interest rate caps and make pet loans with annual interest charges of between…
Hiltzik: The abused consumers of America, and how to help them – Los Angeles Times
Raise your hand if something like this has happened to you: — You booked a hotel room, and discovered when you checked in — or checked out — that the hotel added an undisclosed daily “resort fee” to your bill, for services you never would or did use. — You spent hours on the phone…