Kucoin Issues a Warning After Bitcoin Diamond Soars 40x and Then Crashes

Ever since the arrival of bitcoin cash, forked coins have been en vogue. While BCH has succeeded in gaining traction, not only on exchanges, but also in the real world, the stragglers have struggled. There is little evidence that the likes of bitcoin gold and bitcoin diamond are used for anything other than speculation. That … Read more

Seven Deadly Trading Mistakes Every Rookie Makes

So you’ve created a Coinbase account, bought your first fraction of a bitcoin and followed up with half a litecoin. You’re now ready to become a cryptocurrency trader. You fire the lot over to an exchange where the first coin you purchase shoots up by 10% before you sell, smug in the knowledge that you’ve … Read more

Cryptocurrency Influencers Accused of Aiding Pump and Dumps

Social media influencers are marketing manna, coveted for their highly engaged audience who hang on their every word. Sites such as Tomoson and Meltwater link brands with influencers who are eager to spread the word – for a fee. In the cryptocurrency space, however, where influential figures can send coins soaring via a single tweet, … Read more

Huobi CEO Announces 100 Million RMB to Compensate WAX Investors

Huobi CEO Li Lin said on Tuesday that he will use 100 million CNY to compensate users for their investment losses in the WAX project.  Also Read: Several Bitcoin Exchanges Are Closing Their Doors to New Traders A Pump-and-Dump Incident Huobi.pro launched an ICO token, WAX, on December 20. The opening price of the token was … Read more

The SEC Crackdown on Suspicious Cryptocurrencies Is Getting Serious

The U.S. Securities and Exchange Commission (SEC)’s investigation over shady behavior in the cryptocurrency market will only continue, said former chairman Harvey Pitt. Also Read: Popular Chat App Kakao’s Exchange Upbit Claims Number One Spot in South Korea Tighter Regulation on the Horizon SEC this Tuesday halted trading of The Crypto Co. over manipulation concerns after … Read more