As with most fraudulent crypto investment schemes, PlusToken victims were promised high and consistent returns with minimal to zero risk. The operators of PlusToken said that the returns “earned” by investors were generated through arbitrage trading. In reality, there was no arbitrage trading going on – the returns were generated by distributing investments from new members to old members.
Ever wonder if players really do get lucky from crypto casinos? Maybe not all, but we found one CryptoSlots casino player whose winnings have added up to a substantial $275k in wins in just two years of playing ($276,200 to be exact).
Macro investor Dan Tapiero predicts that $15 trillion in capital will come to Bitcoin from institutions. If this happens, BTC’s price can go up to approximately $500,000.
26 November 2020 – BitPrime, New Zealand’s leading cryptocurrency retailer, today announced it has partnered with Simplex, the market-leading fiat/crypto infrastructure provider. The partnership provides a safe solution for those wishing to buy cryptocurrency using a credit card or debit card (Visa or Mastercard).
Leading crypto asset manager Grayscale’s »Drop Gold« advertising campaign was design to convince investors that Bitcoin is a superior investment to gold. Grayscale ran the »Drop Gold« campaign last year, but it seems that its main message is resonating better right now. Michael Sonnenshein, the managing director of Grayscale, described 2020 as an unprecedented year regarding wealth inflows for the firm.
The crypto industry has had to contend with a number of issues over the years. These include a lack of a proper regulatory framework and distrust from the public. Another one of these issues is the occurrence of scams within the industry. Malicious parties have been known to trick their victims into handing over their crypto or private keys and have also impersonated popular people and institutions to gains public trust.
Ripple (XRP) holders should be aware of the project’s development this Q3 2020. Let’s see how it affects XRP price prediction in 2021.
Daim (Digital Asset Investment Management) has introduced a company-sponsored retirement plan that allocates up to 10% of its holdings to Bitcoin. The program is compliant with ERISA, and Gemini Trust will hold the BTC assets for Daim. The Bitcoin assets will be held in cold storage, which is the safest way to store Bitcoin
BTC/USD opened on Tuesday, 24th November, at 18,370. After the open, the pair was trending sideways mainly between 18,305 and 18,520. But the hammer candlestick on the hourly time frame between 6:00 and 7:00 UTC gave the pair enough rising stimulus to break above 19,000 later in the day.