Bitcoin Price Retreat Digs Into Bitcoin Miner Profits

Bitcoin miners may be turning off their machines, at least until the bitcoin price rebounds. It’s no secret the BTC price has been in a rut, which has dampened investor sentiment but now it’s also interfering with the plans of ambitious mining projects that have flooded the market since bitcoin’s peak at year-end. The leading […]

NBA Draft Prospect Jonay Porter is Also a Crypto Fanatic

One of the NBA’s latest prospects is Jontay Porter. The 18-year-old has high hopes for the future. Firstly, of course, he’s wanting to be picked in June’s draft. Secondly, he’d love to help his team, the Missouri Tigers, win the NCAA Tournament that they’re competing in. Finally, he’s hoping for a big rebound off the […]

Analyst Predicts Bitcoin Price Drop to $2,800 This Year

Bitcoin’s pending “death cross” has left investors worried and confused. According to a graph posted by Bloomberg, the 50-day moving average is getting close to the 200-day moving average. If it touches the latter, or worse, goes below it, bitcoin will suffer a great loss. Considering these trends and comparing these activities to BTC’s price […]

FTC Halts Activities of Four Floridians Involved in Crypto-Related Chain Referral Schemes

At the request of the Federal Trade Commission (FTC), the U.S. District Court for the Southern District of Florida has halted the activities of four individuals who allegedly promoted deceptive money-making schemes involving cryptocurrencies. These schemes falsely promised participants they could garner huge returns by using cryptocurrencies such as Bitcoin or Litecoin to enroll themselves and […]

SEC Investigating ‘Dozens’ of Cryptocurrency Startups, Official Confirms

The US Securities and Exchange Commission (SEC) has opened investigations into dozens of startups operating in the cryptocurrency space, an agency official confirmed on Thursday. SEC Investigating ‘Dozens’ of Cryptocurrency Startups, Official Confirms Stephanie Avakian, co-director of the SEC’s enforcement division, confirmed rumors that the agency was investigating a large number of initial coin offering […]