Canadian Police Warn Public About Emerging Bitcoin Scams

Canadian police have warned the public about getting caught up in Bitcoin scams and to exercise some caution when investing their money in cryptocurrency. It has been an interesting year for crypto scams and controversies with some of the most famous names in the world such as Floyd Mayweather and DJ Khaled getting caught up The post Canadian Police Warn Public About Emerging Bitcoin Scams appeared first on CCN

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$14 Billion Wiped Out of Crypto Market as All Major Assets Plunge in Value

Over the past 24 hours, more than $14 billion has been wiped out of the crypto market as Bitcoin (BTC) dropped by five percent. Bitcoin, the most dominant cryptocurrency in the market in terms of price, market cap, and volume, demonstrated the smallest loss out of all major cryptocurrencies. Bitcoin Cash (BCH), Ethereum (ETH), Ripple The post $14 Billion Wiped Out of Crypto Market as All Major Assets Plunge in Value appeared first on CCN

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Ukraine’s New Policy to Legalize Crypto, Considering Full Scale Adoption

In an official statement, the Ukranian government confirmed its plans to establish regulatory frameworks to legalize crypto in the region. As a part of an initiative to consider and acknowledge cryptocurrency as an emerging technology, the Economic Development and Trade Ministry in Ukraine released a new state policy to oversee various cryptocurrency-related sectors which will The post Ukraine’s New Policy to Legalize Crypto, Considering Full Scale Adoption appeared first on CCN

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JPMorgan: US Recession by 2020 Has 60% Chance, is Crypto an Alternative?

$362 billion banking giant JPMorgan Chase has predicted a 60 percent chance for the next US recession to occur by 2020. In a global market crash, can crypto be a viable alternative to existing stores of value? “The probability of a U.S. recession within one year is almost 28 percent, and rises to more than The post JPMorgan: US Recession by 2020 Has 60% Chance, is Crypto an Alternative? appeared first on CCN

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Crypto Market Stabilizes as Tether Recovers, Real Bitcoin Price at $6,450

The crypto market has stabilized after a wild 24-hour period triggered by the sudden increase in the price of Bitcoin. On cryptocurrency-only and Tether-integrated exchanges like OKEx, Huobi, and Bitfinex, the price of Bitcoin exceeded $7,700, as the value of Tether (USDT), which is supposed to be pegged to that of the US dollar on The post Crypto Market Stabilizes as Tether Recovers, Real Bitcoin Price at $6,450 appeared first on CCN

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What’s Causing 2% Bitcoin Premium on Bitfinex? Possibility of Arbitrage

On Bitfinex, a leading cryptocurrency exchange, Bitcoin is being traded with a 2 percent premium based on the current price of $6,285. As BitMEX Research revealed, the premium of Bitcoin on Bitfinex continued to increase throughout the past week, during a period in which Tether (USDT) started to demonstrate a decline in price. Currently, on The post What’s Causing 2% Bitcoin Premium on Bitfinex? Possibility of Arbitrage appeared first on CCN

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Tron, Augur Surge 5% Ahead of Major Upgrades, is $5,800 Imminent For Bitcoin?

While Bitcoin (BTC) remains bear biased, Tron (TRX) and Augur (REP) recorded solid 5 percent gains against both BTC and the US dollar. The volume of Bitcoin has failed to recover from the low $3 billion region, down more than 30 percent since late September. Subsequent to falling by around 4 percent from $6,600 to The post Tron, Augur Surge 5% Ahead of Major Upgrades, is $5,800 Imminent For Bitcoin? appeared first on CCN

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Crypto Market Steadies at $202 Billion. Low Bitcoin Volume Remains a Concern

Over the past 24 hours, the crypto market has consistently demonstrated stability in the $202 billion region, as Bitcoin and Ethereum remained above $6,400 and $220. Yesterday, on September 16, CCN reported that the volume of Bitcoin is a concern, as it recorded nearly 30 percent drop in volume in a period of three days. The post Crypto Market Steadies at $202 Billion. Low Bitcoin Volume Remains a Concern appeared first on CCN

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