Reports from Zimbabwe suggest that an individual by the name of Martin Mhlanga, who is the mastermind behind the Cryptoshares bitcoin pyramid scheme, has disappeared along with over $6 million in investor funds. In addition to Mhlanga’s disappearance, the individuals thought to be managing Cryptoshares’ social media channels have similarly vanished. Unrealistic Cryptoshares Promises As
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Bitcoin (BTC) passed $50,500 later on Friday as a return to the $50,000 mark put bulls firmly back on the scene. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin lines up a $51,000 offensive Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining ground after dipping to $48,300 lows overnight. An important retest, Bitcoin
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sponsored Evan Luthra is a prolific angel investor having been in crypto since 2014 and early discoverer in Eaze.com (Fastest growing on-demand Tech company in 2016) and Wheelys Cafe (over 1000+ coffee shops in 40 countries), more recently investing in the seed round of Hashgraph.com (The billion dollar Crypto Currency), Admix.in (Biggest Gaming AD Publisher),
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Bitcoin (BTC) briefly fell below $50,000 to retest support on Sep. 3 in a “critical” move for determining bullish continuation. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping to lows of $48,350 on Bitstamp overnight before recovering. That level represents an important zone to hold, trader and
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JPMorgan analysts have warned clients that cryptocurrency markets are looking ‘frothy’ after the August trading boom saw spot market trading volumes once again top $1 trillion.  In a note to clients as reported by Markets Insider, the JPMorgan analysts suggested valuations in crypto markets, especially altcoins and NFTs, are getting too high. “The share of
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In 2021, financial institutions operating in Nigeria have been the lever of a government crackdown on cryptocurrencies, beginning with February’s notorious central bank ban on lenders providing services to crypto exchanges in the country. With much of the Nigerian crypto market of necessity peer-to-peer, Nigeria’s Securities and Exchange Commission (SEC) now aims to introduce regulations
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Optimism across the crypto market continues to rise as bullish developments in the price of Bitcoin and Ethereum (ETH) renewed discussions about a 2013-style double-pump rally that could push (BTC) price past $100,000.  The positive price action hasn’t been limited to the top two market leaders. Many altcoins continue to rally and the ‘altseason’ indicator from
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