Binance “Hack” Rumor Causes Crypto Panic (Don’t Panic)
Rumors of a Binance hack caused a flash crash in Bitcoin and other cryptos, but this is likely temporary given the facts about what occurred. We explain.
Rumors of a Binance hack caused a flash crash in Bitcoin and other cryptos, but this is likely temporary given the facts about what occurred. We explain.
Coinbase has announced a Coinbase Index Fund. This fund is weighted toward Bitcoin and Ethereum, but will track the performance of all coins on Coinbase now and in the future.
If a website promises you big returns if you lend Bitcoin or another cryptocurrency, be very skeptical. Many of these end up being scams.
There is another rumor about XRP going on Coinbase. Rumor is the key word here. The last time this same exact rumor occurred XRP was pumped and dumped over it. Let’s not do that this time.
Bitcoin has enjoyed a steady climb since the January 2018 correction. However, altcoins have struggled at every turn since the correction.
In almost every case, no one from a cryptocurrency related product or service will call you. In a case where they would, they will never ask for your private keys, secrets, seeds, and passwords.
The Bitcoin Private snapshot occurred. The event had an unfortunate side effect of crashing the price of Zlcassic. However, the rest is good news.
Bitcoin is slowly making its way through some key resistance levels in the $10ks, and things look hopeful… but we aren’t out of the woods just yet. Here are some considerations.
So here is a crazy story. Craig Wright, who once claimed to be Satoshi (he might be), is being sued by the brother of a man who also might be Satoshi… for $10 Billion (representing 1.1 million Bitcoins).
The leading cryptocurrency exchange Poloniex is being acquired by the crypto-focused financial-services firm Circle. Circle is backed by Goldman Sachs and other investors.
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