$3B Ponzi Scheme Is Now Allegedly Dumping Bitcoin by the Hundreds

$3B Ponzi Scheme Is Now Allegedly Dumping Bitcoin by the Hundreds

Amid a downturn in the cryptocurrency markets, the apparent swathe of Bitcoin sell-offs from a $3 billion Chinese Ponzi scheme could be to blame. Amid a downturn in the cryptocurrency markets, the apparent swathe of Bitcoin sell-offs from a $3 billion Chinese Ponzi scheme could be to blame.On Aug. 14, Dovey Wan — founding partner of blockchain-based investment company Primitive Ventures — called attention to the ongoing mass sell-offs from the fraudulent Chinese investment…

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Max Keiser Predicts Bitcoin Dominance, Death of Altcoins and Hard Forks

Max Keiser Predicts Bitcoin Dominance, Death of Altcoins and Hard Forks

Bitcoin bull Max Keiser says Bitcoin dominance is heading to 80%, and investors would be wise to leave altcoins. Bitcoin maximalist and former Wall Street trader Max Keiser has recently claimed that Bitcoin (BTC) dominance is heading to 80% and that altcoins are dying, further urging the public to rotate out of other crypto assets and into BTC.Keiser announced his latest views in a Twitter post on Aug. 6:“#Bitcoin dominance 68.2% — heading to…

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Bitcoin Price Flash Crashes by $700 in Minutes Back Below $12K

Bitcoin Price Flash Crashes by $700 in Minutes Back Below $12K

Most of the top 20 cryptocurrencies are reporting mixed movements on the day by press time, as Bitcoin breaks the $11,800 mark again. The top 20 cryptocurrencies are seeing mixed movements as Bitcoin (BTC) suddenly flash crashed in minutes from $12,300 to as nearly $11,600.Market visualization. Source: Coin360Nevertheless, Bitcoin price is still currently up by 1.5% on the day, trading at around $11,813 at press time, according to Coin360. Looking at its weekly chart,…

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