The U.S. Securities and Exchange Commission (SEC) has revealed a global cryptocurrency scheme that defrauded retail investors of $300 million. 11 people have reportedly been arrested for scamming investors as part of a cryptocurrency pyramid and Ponzi scheme through the development and marketing of the "Forsage" website, according to SEC…
MicroStrategy may face a margin call if Bitcoin prices dip more
According to reports, China has banned payment companies and financial institutions from offering any services related to cryptocurrency transactions. Furthermore, it also warned investors from speculative crypto trading in the country.According to a statement issued under the latest ban from China, such financial institutions, including online payments channels and banks,…
Elon Musk’s electric car company, Tesla Inc. (TSLA.O), revealed the value of its bitcoin holdings in its quarterly report filed with SEC on Tuesday. Tesla explained in the filing that it purchased “an aggregate of $1.5 billion in digital assets, comprised solely of bitcoin” during the three months ended March…
Dogecoin is the new Bitcoin. Maybe, it’s too early to say that but in the next few months Dogecoin may emerge as the cryptocurrency of 2021. It’s already on path, witnessing a massive surge since the start of the year. Dogecoin has given nearly 1900 percent returns since January 2021.…
Bitcoin trading can be like a newly discovered planet to the rookies thinking of starting a new career in trading bitcoin. On that planet, putting everything in place to work excellently can be a daunting task. You need the right tools and information to navigate through your newly discovered planet.…
Are you aware of the cryptocurrency scam in the crypto industry? With the increasing number of investors in the cryptocurrency industry, this has paved the way for scammers to operate in the market. These scammers are continuously looking for ways to prey on new investors who are “infatuated” with the…
Are you among those dreaming of becoming a millionaire overnight? Perhaps you heard about cryptocurency. Now, with the evolution of the financial services sector, it’s possible. Cryptocurrency, one of the finest technologies of the present era, provides this phenomenal opportunity. But it can be complicated at times. A lot of…