カテゴリー: Crash

Alec Baldwin’s Lambo Movie Backed by Crypto Tech

Alec Baldwin’s Lambo Movie Backed by Crypto TechThis year it appears crypto is ready for its close up. Hollywood has come knocking in significant ways. Alec Baldwin (The Boss Baby, SNL, Mission Impossible), Antonio Banderas (Shrek, Zorro, Spy Kids), and Oscar-winning filmmaker Bobby Moresco (Crash, Million Dollar Baby) are presently filming Lamborghini. It’s a biographical movie about Ferruccio Lamborghini, namesake behind the […]

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Bitcoin’s Latest ”Crash” Is Nothing New

Bitcoin’s Latest Crash is Nothing NewThe first quarter of 2018 is on record as the worst in bitcoin’s price history. Just shy of 115 billion USD in market capitalization has been erased. Nearly half of its price from the start of this year is gone. For those relatively new to the ecosystem, it might seem like the time to panic […]

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The ‘Mt Gox Whale’ Explains His Crypto-Selling Strategy

The 'Mt Gox Whale' Explains His Crypto-Selling StrategyOn March 17 the Mt Gox bankruptcy trustee Nobuaki Kobayashi revealed some critical information about how he’s been selling the BTC and BCH he has in his possession. The news may comfort those who believe the remainder of the Mt Gox sales will crash the market. According to Kobayashi he has been consulting cryptocurrency experts […]

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Meet Bitcoin’s New Rock Star; CFTC’s J. Christopher Giancarlo

Bitcoin’s New Rock Star, J. Christopher GiancarloA strange thing happened on the way to the decentralized digital currency revolution: a cop – a regulator – seems to have salvaged bitcoin’s giant crash. Less than 24 hours after a 65 percent drop in bitcoin’s price, hysteria from all corners, no less than one man, the Commodities Futures Trading Commission (CFTC) chair, J. […]

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The Cryptocurrency Markets Are Having an Interesting Week

The Cryptocurrency Markets Are Having an Interesting WeekThe crypto markets have been having an interesting week to put it mildly. Seas of red and deep cuts have had the vultures circling, the weak hands folding, and the naysayers expending their lifetime’s allocation of “I told you so’s”. While the last two weeks have been painful for anyone who bought bitcoin in December […]

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This Week in Bitcoin: Up, Down and Sideways

This Week in Bitcoin: Up, Down and SidewaysIt was the best of times, it was the worst of times. From the hubris and excess of the North American Bitcoin Conference to the gloominess of the crypto markets, it’s been a feel-o-coaster of a week. Fear, uncertainty and doubt were the overarching emotions amidst a turbulent seven days, but there was also space […]

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The Rise and Fall of Ripple is a Case Study in Mass Hysteria

The Rise and Fall of Ripple is a Case Study in Mass HysteriaThrough late 2017 and early 2018, ripple was the darling of cryptocurrency. Mainstream media couldn’t get enough of it, South Koreans couldn’t get enough of it, and nor could crypto newcomers, who had XRP top of their shopping list. Crypto moves at a blistering pace, though, and ripple’s decline has been as rapid as its […]

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Deutsche Bank: Bitcoin is One of the Greatest Market Threats in 2018

Deutsche Bank has issued a market briefing for 2018. The document, created by Chief International Economist Torsten Slok, lists 30 possible threats that could disrupt global markets next year. Alongside entries like “North Korea” and “Brexit”, is bitcoin. Its inclusion shows the extent to which the banking sector is eyeing the revitalized digital currency. While some […]

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Leaked Report to Shareholders Renews Concerns Surrounding Bitfinex

Leaked Report to Shareholders Renews Concerns Surrounding BitfinexAll eyes have been on Bitfinex in recent days, with the exchange experiencing dramatic flash crashes on select altcoin markets after having been the subject of a distributed denial-of-service (DDoS) attack last week. A quarterly shareholder update from the company has also been leaked, evidencing that Bitfinex is one of the major institutions purchasing USDT […]

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GDAX Announces It Will Absorb Investor Losses From Recent ETH Flash Crash

The Company Also Announced That They "Will Follow up Directly With Affected Customers About This Process Next Week."Global Digital Asset Exchange (GDAX) Vice President, Adam White, issued a follow-up statement regarding the multi-million dollar market sell order induced flash crash that momentarily drove prices as low as $0.10 USD after the order triggered an avalanche of stop order executions and margin position liquidations. The press release states that customers who experienced stop

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