Europol takes down dark web’s ‘largest illegal marketplace’ January 13, 2021 An illegal marketplace on the darkweb which boasted almost half a million users has been taken down in an international operation led by Europol. Darkmarket, which is said to be the world’s largest illegal darknet platform, had more than 2,400 people selling drugs, counterfeit money and anonymous sim cards to the sum of more than [...]
$220m reasons to keep your password safe January 13, 2021 Crypto at a Glance If you’re having a bad start to the day, spare a thought for San Francisco-based computer programmer, Stefan Thomas. Stefan made headlines around the world yesterday with his tale of forgotten password woe. He now has just two chances left to remember the password to a hard drive containing the private [...]
Was that the Dip? Crypto markets bounce back! January 12, 2021 Crypto at a Glance The decision by some news outlets to declare a bear market yesterday, mere seconds into what was a widely-expected retrace, was always going to leave them at risk of having egg on their face when it rebounded. But then, they’re probably used to wiping yolk off their sweaty brows when it [...]
Bitcoin value slumps by a fifth as City watchdog warns of risk January 11, 2021 Bitcoin was on track for its biggest one-day drop since March today, just hours after the City watchdog issued a warning about the “very high risk” of investing in crypto assets. The digital currency slumped more than 19 per cent to $30,699, marking its lowest level since in a week. The sell-off brought to an [...]
Crypto Market Briefly Surpasses $1 Trillion as Adoption Keeps Growing January 11, 2021 CryptoCompare data shows the price of Bitcoin (BTC) moved up from around $30,000 at the start of the week to hit a new all-time high near $42,000 before enduring a steep correction. BTC is now trading close to $36,000. Ether (ETH), the second-largest cryptocurrency by market capitalization, moved from $780 to $1,300, a value close [...]
Bitcoin sees major retrace January 11, 2021 Crypto at a Glance After the parabolic excitement of last week, it was back down to Earth with a bang last night for bitcoin fans – albeit somewhat predictably. The leading cryptocurrency by market cap dropped more than $7,000 in a matter of hours – a fall that was echoed across the space, as many alt [...]
City watchdog issues crypto warning as price of Bitcoin soars January 11, 2021 City watchdog the Financial Conduct Authority (FCA) has warned consumers that investing in cryptoassets is “very high risk”, after some firms promised high returns for the investment. The FCA said customers “should be prepared to lose all their money” if they invest in cryptoassets, which is considered a high risk and volatile investment strategy. The [...]
Buying newlyweds a crypto present is still the best gift January 8, 2021 In the recent past (I couldn’t tell you when exactly because the last ten months have destroyed my conception of time and my place on this planet), a good mate of mine got married. He is male and is called Adam and his wife is female, but not called Eve. He’s not your usual investor, [...]
Bitcoin bull run continues January 8, 2021 The price of Bitcoin has not stopped rising astronomically since I started writing these articles. But really, the price action over the past month has come as a surprise. In the last article I discussed the fact that Bitcoin is in the process of completing its stock to flow and well, we are nearly halfway [...]
Bitcoin hits $40,000, flips Tesla January 8, 2021 Crypto at a Glance The price of bitcoin continues to hit new highs, bouncing over $40,000 like Tigger on amphetamines before a sharp correction saw it crash $3,000 in less than an hour. You can’t keep a good cryptocurrency down, though, and the world’s oldest was soon back in action, springing back to around the [...]