Crypto News Reviews 

Bitcoin News Digest Sunday, May 27, 2018

Cryptocurrency Market Continues to Fall, Bitcoin Support Likely at $6,700 On previous reports, CCN emphasized that the price of bitcoin will likely fall to the higher end of the $6,000 region in the short-term. Over the past 24 hours, the bitcoin price has dropped by 2.5 percent, from $7,580 to $7,350, dipping below the $7,300 mark at one point.   Bitcoin is Still a Good Buy Even With Recent Losses According to Spencer Bogart Spencer Bogart, a blockchain venture capitalist has said that Bitcoin is still in the game despite…

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Crypto News 

John McAfee Expects a Bitcoin Price of $15,000…

“While most of his social media posts can be ignored, a recent Bitcoin price prediction attracted a lot of attention” writes Jp Buntinx for livebitcoinnews.com. He predicts a Bitcoin price of $15,000 by June 2018.The Bitcoin price is subject to speculation and manipulation at all times.It is not unfeasible, as Bitcoin has seen some interesting price rollercoasters for some time now.Even so, it remains to be seen what the future holds for the Bitcoin price. Source: livebitcoinnews.com Share This:

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Crypto News Reviews 

Bitcoin News Digest Saturday, May 26, 2018

Bitcoin Price : To Reach $7,500 or Not? Another day of trading has passed and the cryptocurrency markets look worse for wear. Albeit it is evident there is still some room for improvements,   13-Year-Old Bitcoin Kidnapping Victim Found Safe A young 13-old-year boy who had been kidnapped last Sunday in South Africa has been found safe and sound. His kidnappers had demanded a Bitcoin ransom of roughly $120,000.   Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, TRON: Price Analysis, May 25 Latest technical analysis on top 9…

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Crypto News 

South Africa investigates $80 million bitcoin scam

“Local technology news website mybroadband.co.za had reported in March that more than $50 million was lost by investors in BTC Global” writes Midwest Communications Inc for 95kqds.com. “Members of the public are believed to have been targeted as part of the scam and encouraged by agents of BTC Global,” the police said in a statement.JOHANNESBURG (Reuters) – South African authorities are investigating an alleged cryptocurrency scam that defrauded investors of 1 billion rand ($80 million) with promises of huge returns that never materialized, police said on Friday.The investigation follows a…

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Crypto News Reviews 

Bitcoin News Digest Friday, May 25, 2018

Crypto Market See Some Green After Week of Lows, Bitcoin Price Hovering Around $7,500 Although Bitcoin is still under $8,000 and Ethereum dancing around $600, the crypto markets are experiencing slight growth today.   How To Hedge Your Bitcoin Bet If you’re speculating in Bitcoin, you need protection on the downside. Here’s a way to hedge your bets.   Bitcoin extends slump, on track for third consecutive weekly loss Most major digital coins were trading lower early Friday in New York, extending what has been a withering stretch that has…

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Crypto Markets News 

Bitcoin extends slump, on track for third consecutive weekly loss

“Bitcoin, the worlds biggest cryptocurrency, is trading below $8,000 Friday, as the regulatory uncertainty is keeping buyers on the sidelines” writes Aaron Hankin for marketwatch.com. CryptoWatch: Check bitcoin and other cryptocurrency prices, performance and market capitalization—all on one dashboard. A single bitcoin BTCUSD, -0.75% last traded at $7,446.53, down 1.4% since 5 p.m.Read: Opinion: This is all it would take for bitcoin to become a worthless cryptocurrency As the price of bitcoin continues to slide, some participants are looking to the miners to save the day. Source: marketwatch.com Share This:

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US Justice Department Begins Criminal Investigation of Bitcoin Manipulation

“The US Justice Department has launched a criminal investigation into Bitcoin price manipulation, according to a Bloomberg report which cites four people familiar with the matter” writes Joseph Moore for financemagnates.com. John Griffin, a University of Texas finance professor, said: “There’s very little monitoring of manipulative trading, spoofing and wash trading.A single bitcoin is currently worth $7,372, and the network has a market capitalisation of $125.7 billion, according to coinmarketcap.com.The CFTC is also the body that regulates Bitcoin derivatives in the US. According to the report, federal prosecutors are working…

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Bitcoin price manipulation probe underway at Justice Department

“The US Department of Justice is investigating possible cryptocurrency price manipulation, at least according to sources that have leaked the probe” reports slashgear.com. The sources claim that spoofing and wash trading schemes are of particular interest to the DOJ, which is giving focus primarily to bitcoin and ether.According to the tipsters, the DOJ has teamed with the Commodity Futures Trading Commission (CFTC) to determine whether some traders have or had been manipulating the price of cryptocurrencies like bitcoin.Japan, for example, has started regulating currencies like bitcoin, while China has simply…

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Crypto News 

The U.S. is investigating bitcoin price manipulation

“The Justice Department is looking into whether traders are manipulating the prices of bitcoin and other cryptocurrencies, reports Bloomberg” reports fastcompany.com. Specifically, the investigation is looking into criminal practices that can influence prices, including flooding the market with fake orders to spur other people into buying or selling.The news of the investigation, which is in its early stages, follows other countries that are becoming cautious of cryptocurrencies. Source: fastcompany.com Share This:

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Crypto Markets News Platforms 

Bitcoin value gyrates amid report of Department of Justice manipulation investigation

“Thoroughly research virtual currencies, digital coins, tokens, and the companies or entities behind them in order to separate hype from facts.”” writes unknown author for usatoday.com. Separately, the Securities and Exchange Commission warned in March of “potentially unlawful” online trading platforms that lack regulatory oversight.Bitcoin prices see-sawed Thursday following a report that the Department of Justice and the nation’s top commodities regulator are investigating whether traders have manipulated the price of digital currencies.The price swings came after Bloomberg News reported that the Department of Justice had opened a criminal investigation of…

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