returns

AirBit Club Ponzi Operators Charged With Fraud and Money Laundering

Source Node: https://cointelegraph.com/news/airbit-club-ponzi-operators-charged-with-fraud-and-money-laundering
Time Stamp: August 19, 2020 5:07 AM - Modified On: May 21, 2021 - Published By:
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The operators of a global cryptocurrency-based Ponzi scheme have been charged with fraud and money laundering following a United States Homeland Security Investigations probe.According to an announcement from the U.S. Department of Justice, four of the five alleged operators of AirBit Club, which allegedly netted tens of millions of dollars from victims, were arrested and due to appear in court on Aug. 18, while the fifth was arrested in Panama and is awaiting extradition to the U.S.The scheme was launched in late 2015 and sold as a multi-level marketing club in

Yearn Finance’s YFI Token Hits Five Figures, Closing in on BTC Price

Source Node: https://beincrypto.com/yearn-finances-yfi-token-hits-five-figures-closing-in-on-btc-price/
Time Stamp: August 19, 2020 3:10 AM - Modified On: May 21, 2021 - Published By:
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As DeFi tokens continue to lead crypto markets ever higher, some such as Yearn Finance’s YFI token are making monumental gains, but is it all for the whales only? With a very limited supply of just 30,000 tokens, demand for YFI is palpable. A single token now costs almost as much as one BTC and it does not seem to be slowing down. The high-flying token is the basis of the Ethereum-based DeFi yield aggregator Yearn.Finance, which allows users to maximize returns and earn interest on crypto collateral while saving

As Bitcoin’s Rally Accelerates, Analysts Expect Altcoins to Get Crushed

Source Node: https://bitcoinist.com/as-bitcoins-rally-accelerates-analysts-expect-altcoins-to-get-crushed/?utm_source=rss&utm_medium=rss&utm_campaign=as-bitcoins-rally-accelerates-analysts-expect-altcoins-to-get-crushed
Time Stamp: August 18, 2020 7:00 PM - Modified On: May 21, 2021 - Published By:
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Bitcoin’s price has remained stable above $12,000 following the strong uptrend it was able to post yesterday The cryptocurrency is now consolidating as bulls attempt to garner greater support It also appears that BTC is trying to test and confirm $12,000 as support. Any dip below this level in the near-term will be grave The stable uptrend seen by BTC in recent weeks has provided altcoins with an ideal backdrop to rally against One analyst, however, is noting that he now expects Bitcoin’s rally to start accelerating – and this

Bitcoin and Gold Short-Lived Correlation Not a Sign of Comparability

Source Node: https://cointelegraph.com/news/bitcoin-and-gold-short-lived-correlation-not-a-sign-of-comparability
Time Stamp: August 18, 2020 10:30 AM - Modified On: May 21, 2021 - Published By:
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The Bitcoin (BTC) and gold one-month correlation reached a record high of 68% as Bitcoin hit $12,000 early in August, but the correlation crashed by 20% the following week. Despite this, Bitcoin looks set to become digital gold in 2020 considering the price correlations and trends in the futures market.Both gold and Bitcoin are having a phenomenal year in terms of year-to-date returns. According to Skew Analytics, gold has a 27.93% YTD return, while Bitcoin has racked up a 71.68% YTD yield. Although Bitcoin sees much higher volatility than gold,

Bull Runs, Mining, and Tor Attacks: Bad Crypto News of the Week

Source Node: https://cointelegraph.com/news/bull-runs-mining-and-tor-attacks-bad-crypto-news-of-the-week
Time Stamp: August 15, 2020 7:00 PM - Modified On: May 21, 2021 - Published By:
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Last week, the Bitcoin news was all about lift-off. This week, it’s all about the leveling off. Bitcoin ends the week around $11,400, a fall of about 2.7 percent over the last seven days. That drop included a correction of $700 in one day so the question now is whether the bullish moment has gone or will Bitcoin push on to $15,000? Its first mission will be to break the resistance at $12,000. Bitcoin failed to do that twice in ten days but consolidated after each failure, which some experts believe

90% Crypto Investors Worry About Their Investment – What Will Happen After Their Death

Source Node: https://bitcoinsinireland.com/90-percent-crypto-investors-worry-about-their-investment-what-will-happen-after-their-death/
Time Stamp: August 13, 2020 6:52 PM - Modified On: May 21, 2021 - Published By:
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Cryptocurrency and blockchain have become the most trending topic worldwide, especially on the internet. Mostly, investors and traders are involved more in cryptocurrencies. Because the crypto market gives good returns, and it offers an excellent opportunity for the traders too.Recently, a study revealed that 90% of the crypto investors are worried about their investment in cryptocurrencies. They are wondering what will happen to their crypto assets after their Death. However, some people have some proper plans for it. But some investors, particularly younger ones, are only thinking about their own.How

Invest 3% in Bitcoin to Avoid COVID-19 Lockdown Devaluation — BitGo CEO

Source Node: https://cointelegraph.com/news/invest-3-in-bitcoin-to-avoid-covid-19-lockdown-devaluation-bitgo-ceo
Time Stamp: August 12, 2020 10:36 AM - Modified On: May 21, 2021 - Published By:
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Coronavirus lockdowns will force people out of fiat currency and into gold and Bitcoin (BTC), the CEO of cryptocurrency asset manager BitGo has warned.In a series of tweets on Aug. 12, Mike Belshe strongly urged investors to divert a minimum of 3% of their portfolio into Bitcoin.Belshe: investors will move from cash to gold, BitcoinAs multiple jurisdictions around the world reenter compulsory lockdown conditions, Belshe said that in the United States, the government had made a prison for itself using the policy.“The government is being forced to maintain lockdowns for

CoinShares: ‘Bitcoin Is Like a Risky Tech Stock’’

Source Node: https://cointelegraph.com/news/coinshares-bitcoin-is-like-a-risky-tech-stock
Time Stamp: August 12, 2020 12:17 AM - Modified On: May 21, 2021 - Published By:
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Bitcoin acts more like a tech startup stock than digital gold — with investors reaping big rewards if it works but potentially losing everything if the crypto asset fails.That’s the conclusion of an Aug. 10 report from digital asset manager CoinShares titled A Little Bitcoin Goes a Long Way. In it authors James Butterfill and Christopher Bendiksen argue that the fact Bitcoin (BTC) “starting its life at a price of zero” gave it a stellar reputation.“If it reaches its potential, the value could be immense,” the report stated.“At the same

Surging Interest in ‘Yam’ Yield Farming — But Is It Too risky?

Source Node: https://cointelegraph.com/news/surging-interest-in-yam-yield-farming-but-is-it-too-risky
Time Stamp: August 11, 2020 11:38 PM - Modified On: May 21, 2021 - Published By:
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The latest craze in the DeFi sector is a new yield farming protocol called Yam which promises ‘equal opportunity’ staking with no premine, no founder shares, and a zero value token at launch.The experimental Yam Protocol is the talk of Crypto Twitter right now — with many excited about the big potential returns, while others worry about the risks. The recently launched project offers an elastic supply token, similar to Ampleforth, that can expand and contract depending on market conditions, with the aim of seeking eventual price stability and a peg

With Value Approach, Off The Chain Capital Is Changing The Bitcoin Investment Narrative

Source Node: https://bitcoinmagazine.com/articles/with-value-approach-off-the-chain-capital-is-changing-the-bitcoin-investment-narrative?utm_source=rss&utm_medium=rss&utm_campaign=with-value-approach-off-the-chain-capital-is-changing-the-bitcoin-investment-narrative
Time Stamp: August 11, 2020 12:44 PM - Modified On: May 21, 2021 - Published By:
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When viewed from a traditional investing lens, bitcoin may seem like a risky bet. The technology is still relatively new, the price is notoriously volatile and it’s not uncommon to hear investors caution newcomers not to invest more than they can afford to lose in BTC.But the performance of Off The Chain Capital, a digital currency investment firm that focuses on value investing in bitcoin, tells a different story. As one of the best-performing funds in the space, it has shown that reliable performance and BTC can go hand in

Five Signs The 30% Band Protocol (BAND) Correction Is Just Starting

Source Node: https://bitcoinist.com/five-signs-the-30-band-protocol-band-correction-is-just-starting/?utm_source=rss&utm_medium=rss&utm_campaign=five-signs-the-30-band-protocol-band-correction-is-just-starting
Time Stamp: August 11, 2020 11:00 AM - Modified On: May 21, 2021 - Published By:
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Band Protocol is one of August’s best-performing crypto assets, right behind the showstopping Chainlink and other hot tokens. The altcoin is up over 300% month to date, but a 15% correction began overnight. Is this just a healthy pullback, or will the asset retrace further than most investors are prepared for? Here are five bearish signals that the Band crash may only be beginning.  DeFi And Decentralized Oracles Spark Mini-Crypto Bubble, 300% Returns Month-to-Date The cryptocurrency market is on fire, with nearly every asset posting major gains over the last