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1157 days ago

SEC issues $11M fine in Crypto scam marketed by Steven Seagal

The SEC filed charges against three individuals involved with defunct crypto projects Start Options and Bitcoiin2Gen.
According to the SEC, the three fraudulently lured $11 million out of investors in an ICO.
Actor Steven Seagal was previously fined for marketing one of the projects without disclosing his earnings.
Source: Decrypt

SEC issues $11M fine in Crypto scam marketed by Steven Seagal

1157 days ago

Republican Senator Cynthia Lummis bullish on Bitcoin

Cynthia Lummis, American Senator and member of the congress, emphasized her enthusiasm for bitcoin, saying she bought it for its property of storing value as well as its censorship resistance. Bitcoin is increasingly embraced by high class people, which contributes to its fantastic digital run. While Elon Musk brings hype to the coin when he talks about it, support from Senators can make it advance a step forward towards further state acceptance and legislation. 

Republican Senator Cynthia Lummis bullish on Bitcoin

1158 days ago

The Bitcoin rally initiated by Musk almost disappeared

When Elon Musk posts, markets move. This rule did not fail last week, when he changed his Twitter bio to "#bitcoin". The cryptocurrency surged 16% to $38'627 on Friday, but it is now back to the 33 thousands. So far, the Bitcoin has shed $8'000 from its $42'000 all-time high, but remains up 250% in the past year. 

#Technology
The Bitcoin rally initiated by Musk almost disappeared

1158 days ago

Ripple (XRP) Posted Biggest Single-Day Gain in 3 Years in a Coordinated Buying Attack

XRP rocketed more than 50% followed by a crowd pump launched by #thexrpbully last Saturday on #Telegram (more than 200k members) . "Traditional Crypto-Pump groups are being copied and legitimized by WallStreetBets-style crowd-pumps, and are now turning their burning gaze from dogecoin to XRP". The cryptocurrency jumped 56% to $0.50944 to hit the highest level since Dec. 22, according to CoinDesk 20 data. That was the biggest single-day percentage gain since Dec. 21, 2017.
NB: U.S. Securities and Exchange Commission’s filed a lawsuit against Ripple Labs late December. Still pending

XRP rocketed more than 50% followed by a crowd pump launched by #thexrpbully last Saturday on Telegram

1159 days ago

Hedge funds are short Bitcoin

Source: CFTC

CFTC Bitcoin futures net positioning
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