The cases of the robber’s two accomplices are still pending.

A major suspect in a high-profile theft case related to Bitcoin (BTC) trading has pleaded guilty in a Singaporean court.

Syed Mokhtar Syed Yusope, an accomplice in a $360,000 robbery, pleaded guilty in a district court to a robbery charge on Sept. 9, Singeporean news agency The Straits Times reports.

Mokhtar, alongside his two accomplices, Jaromel Gee Ming Li and Mohd Abdul Rahman Mohamad, stole hundreds of thousands of dollars in cash from a Malaysian man in Singapore. 

Pretending to represent a Bitcoin broker, the group duped the victim into believing that they wanted to sell him Bitcoin for cash. Eventually, the criminals assaulted the M ... Read more »

Views: 7 | Added by: legokykondra | Date: 09.09.2020 | Comments (0)

Bitcoin for the survival win?

Celebrity and podcaster Adam Curry described the importance of Bitcoin (BTC) to podcaster and comedian Joe Rogan. He posited the asset's importance amid an internet-based world which thrives on personal data sales, banking activities, and centralized control. 

"The apocalypse is coming, and you're gonna need a Bitcoin — at least one," Curry said in a Sept. 8 interview with Rogan. "Are you a Bitcoin salesman, Adam Curry?" Rogan responded, put off at first by the comment. 

"I was very anti-Bitcoin, until I sold a s***load of them at like $900," Curry said said, noting he acquired a stack of the asset in its early days. "I got them fo ... Read more »

Views: 8 | Added by: legokykondra | Date: 09.09.2020 | Comments (0)

The U.S. dollar currency index caps six days of gains with fresh resistance, while stocks could give Bitcoin a fresh boost, says Michaël van de Poppe.

Bitcoin (BTC) may get a “relief” rally closer to $11,000 as stock markets recover and concerns remain over the U.S. dollar.

In a tweet on Sep. 8, Cointelegraph Markets analyst Michaël van de Poppe said that macro movements could serve to strengthen BTC/USD.

BTC price may fill the upper futures gap first

The rebound would follow testing times for Bitcoin, which has repeatedly dipped below $10,000 support since Friday. In line with long-term trends, the largest cryptocurrency could benefit from a shift in macro sentiment. ... Read more »

Views: 8 | Added by: legokykondra | Date: 09.09.2020 | Comments (0)

Ukraine beats Russia, China and more in adoption metrics, according to new research from Chainalysis.

Recent data published by Chainalysis revealed a surprising first place for Ukraine in the Global Crypto Adoption Index 2020, followed by Russia and Venezuela.

The index looks at three on-chain metrics: the total value of on-chain crypto transactions weighted by purchasing power per capita, or PPP, the value of on-chain retail transfers weighted by PPP, and the number of on-chain crypto deposits weighted by the number of internet users.

The index also factors in the volume of trades made on peer-to-peer crypto exchanges weighted by both the number of internet users and PPP.

... Read more »

Views: 7 | Added by: legokykondra | Date: 09.09.2020 | Comments (0)

Rather than a hedge against inflation, cryptocurrencies are an alternative to the dominant system entirely.


The U.S. Federal Reserve chairman, Jerome Powell, recently announced that the Fed will now shift its focus from targeting inflation to closing “unemployment shortfalls.” The Fed, in essence, is doubling-down on the same inflationary policies with which it experimented during the 2008 global financial crisis.

Speaking at a virtual Jackson Hole event recently, Powell said the Fed would not raise rates anytime soon. He also said that the Fed would tolerate higher inflation, departing from the historical norm of a 2% inflation target. This cheap money and higher inflation policy take quantitative easing to ... Read more »

Views: 7 | Added by: legokykondra | Date: 09.09.2020 | Comments (0)

According to onchain data, there’s now 69,836 synthetic bitcoin tokens (over $700 million) circulating on the Ethereum blockchain. Out of the six synthetic bitcoin token projects, wrapped bitcoin (WBTC) commands the largest number of coins with over 63% and 44,622 WBTC.

Synthetic bitcoin (BTC) has grown massively in recent weeks and since news.Bitcoin.com’s last report on the subject, there was 38,021 BTC circulating on the Ethereum chain.

Since then, that metric has jumped more than 83% as there’s now 69,836 synthetic bitcoin tokens in the wild on September 7, 2020. Dune Analytics shows there are seven synthetic BTC projects but tBTC has zero coins minted, while the other six projects have b ... Read more »

Category: News | Views: 40 | Added by: danyagames2007 | Date: 08.09.2020 | Comments (0)

Latin Americans have embraced cryptocurrency as a store of value while their fiat currencies depreciate, a new report shows. Bitcoin adoption in the region is further driven by the lack of banking access and remittance needs.

Latin American Bitcoin Adoption

Blockchain data analytics firm Chainalysis released a new study of cryptocurrency usage in Latin American countries based on on-chain data and interviews with experts in the region last week. The study is part of the firm’s Geography of Cryptocurrency Report, due to be released this month. Cryptocurrency adoption in Latin America is driven by factors such as a lack of banking access, remittance needs, and the devaluation ... Read more »

Category: News | Views: 42 | Added by: danyagames2007 | Date: 08.09.2020 | Comments (0)


Bitcoin price retested the $9,900 zone against the US Dollar. BTC seems to be forming a double bottom pattern near $9,900 and it could start a decent increase above $10,500.

Bitcoin bounced back above $10,200 after it retested the $10,000 and $9,900 levels.
The price is now trading nicely above $10,300 and the 100 hourly simple moving average.
There was a break above a key declining channel with resistance near $10,200 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair is likely to continue higher as long as it is above the $10,000 support zone.

Bitcoin Price Could Recover Higher

Yesterday, there was another downward move below the $10,200 level in bitcoin pric ... Read more »

Category: Analytics | Views: 34 | Added by: rozhkovagency | Date: 08.09.2020 | Comments (0)

Tron’s native token TRX was among the top gainers on Tuesday as its price jumped by up to 11.38 percent.

The TRX/BTC exchange rate settled an intraday high at 345 sats before correcting lower ahead of the New York trading session. The move downhill appeared in contrast with Bitcoin’s slow and sideways action above $10,000. So it appears, traders decided to move into alternative assets after finding no intraday opportunities in the Bitcoin market.

Tron (TRX) surges the th ... Read more »

Category: Analytics | Views: 26 | Added by: rozhkovagency | Date: 08.09.2020 | Comments (0)

Bitcoin has been clinging to the key $10,000 BTC price level all weekend as technical factors point to a short-term relief rally.

Last weekend was incredibly rough for most cryptocurrency investors as massive sell-offs occurred. The price of Bitcoin (BTC) dipped below $10,000 several times but seems to have found short-term support at this level.

The primary question for the markets is whether a relief rally is around the corner or further downside movement is expected. 

Let’s take a look at the charts to determine what might happen next. 

... Read more »

Category: Analytics | Views: 28 | Added by: danyagames2007 | Date: 08.09.2020 | Comments (0)

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