Auscoin Exchange Suspended After Arrest of Sam Karagiozis

27-year-old Sam Karagiozis has been named as the individual arrested on March 7 following raids carried out by the Australian Transactions Reports and Analysis Centre (AUSTRAC) and Australian Federal Police. The arrest resulted in the suspension of the licenses of two cryptocurrency exchanges that Karagiozis is involved with including his controversial nationwide cryptocurrency ATM network, … Read more

Pantera Predicts Institutions to Invest in Crypto After Next Bull Trend is Established

Dan Morehead, the chief executive officer of Pantera Capital, recently discussed the cryptocurrency bear trend on an episode of the Unconfirmed podcast. Morehead argued that the crypto sector has much more robust fundamentals than it did during the previous bear trend, asserting that the industry has developed the infrastructure necessary in order to attract institutional … Read more

Most of 2017’s Leading Cryptocurrencies by Market Cap Have Crashed Out of the Top 15

Many cryptocurrencies rose and fell during the 2017 bull market and subsequent year of bearish retracement. While the top four crypto assets by market cap have remained the same over the last two years, more than half of the leading markets as of Feb. 19, 2017 have since fallen from the top 15. Also Read: Markets … Read more

Markets Update: Bearish Momentum Grips Leading Cryptocurrencies After BTC Tests ATH Trendline

The cryptocurrency markets have produced a slight retracement in response to bitcoin core (BTC) testing a long-term descending trendline dating back to December 2017’s record highs. The dip has seen bitcoin cash (BCH) slip back below $150, and BTC fail to hold above $4,000. As of this writing, ripple (XRP) has again overtaken ethereum (ETH) … Read more

Banks Freeze Company’s Accounts After Owner Traded on Localbitcoins

The owner of cryptocurrency mining electric bicycle retailer, 50cycles, recently had his company’s accounts with HSBC and Barclays frozen within hours of transacting on peer-to-peer cryptocurrency trading platform, Locabitcoins. Also Read: P2P Exchange Options Increasing for Crypto Traders in India HSBC and Barclays Freeze Accounts of 50cycles Scott Snaith, the owner of cryptocurrency mining electric bicycle … Read more

Market Update: BTC Value Consolidates After Bouncing

BTC markets have produced sideways consolidatory price action in recent days, following bitcoin’s dramatic crash from almost $20,000 USD to test a low of approximately $11,000, and ensuing bounce up to the 0.618 retracement area. Most major altcoin markets have bounced in concert with BTC. Also Read: Seven Deadly Trading Mistakes Every Rookie Makes Bitcoin Markets … Read more

Iced Tea Firm’s Shares Quadruple After Changing Name to ‘Long Blockchain Corporation’

A small U.S. beverage company’s share price has increased by more than 400% in a single day after rebranding to include the word ‘blockchain’ in its name. The company, formerly known as Long Island Iced Tea Corp, is now called Long Blockchain Corporation. A Hong Kong-based beverage company formerly-named Skypeople Fruit Juice has also seen … Read more