Tesla’s latest purchase of Bitcoin worth $1.5 billion, assuming that it was purchased at $39,000 per Bitcoin, amounts to a total of 38,000 Bitcoins. Soon after the news was made public, the market’s retail traders responded to this purchase by flocking to the said purchase and increasing demand on spot and derivatives exchanges. CryptoQuant CEO...Read More
Not many can deny that bitcoin is in the final leg of the 2020 bull run before it hits the $30,000 mark. In fact, bullish 2021 predictions expect bitcoin’s price to range from $36,000 to beyond $300,000. With regard to the digital asset’s price surges, Jeremy Allaire, of Circle spelled out key drivers for this...Read More
On June 27, 2019, a handful of leaders for a wildly popular ponzi scheme that spread across Asia were arrested by Chinese authorities after they managed to fleece unwitting customers out of roughly $3 billion. PlusToken, as it was called, promised its “investors” monthly returns of anywhere from 10 to 30 percent in its eponymous...Read More
