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ICO Fraudster Gets a Lifetime Trading Ban as Well as $30,000 Fine
Bitcoin
ICO Fraudster Gets a Lifetime Trading Ban as Well as $30,000 Fine
The United States Securities and Exchange Commission (SEC) has issued bars and a $30,000 fine to David T Lawrence, CEO of Tomahawk Exploration LLC, for what it describes as fraudulent ICO activity. The SEC has issued permanent officer-and-director and penny stock bars against Lawrence whose oil drilling company Tomahawk Exploration LLC, used an ICO format with a view to raise money from investors in order to open up to ten…
Will Bitcoin Bottom to $5,000 Before Springing All the Way to $50,000 This Fall
Bitcoin
Will Bitcoin Bottom to $5,000 Before Springing All the Way to $50,000 This Fall?
A few weeks ago, hedge fund billionaire Marc Lasry, said that Bitcoin might reach $40,000. Sooner rather than later. TenX founder Julian Hosp predicted Bitcoin to touch $60,000 by the end of 2018. Recently, Karim Heiden, predicted a one-trillion-dollar market with a Bitcoin price of $58,000, if an ETF is approved. Even though many billionaires and experts have made these predictions the question remains, has Bitcoin bottomed or will it…
The Utilization Of Cryptocurrencies, Not The Price, Is The Most Important Metric Says Cryptocurrency Advocate
Bitcoin
The Utilization Of Cryptocurrencies, Not The Price, Is The Most Important Metric Says Cryptocurrency Advocate
In an interview at CNBC, Meltem Demirors, CSO at the digital asset management firm CoinShares, said that since it is hard to pinpoint the narrative of  Bitcoin and other cryptocurrencies, it might take a long while until they gain in value. She says that for a new technology that will shift the paradigm in the way cryptocurrencies and Bitcoin could, it is going to take a long time to understand…
Bitcoin Highlighted by Bloomberg as Comparatively Stable Amid Turkish Lira Collapse
Bitcoin
Bitcoin Highlighted by Bloomberg as Comparatively Stable Amid Turkish Lira Collapse
With Turkey currently looking over the brink, Bloomberg has highlighted bitcoin’s relative stability compared to the troubled Turkish lira. If you take a look at any forex site at the moment and click on the Turkish lira to dollar or euro rate, the chart that comes up should look familiar; a rollercoaster line which looks like its taken a nose-dive over a cliff-edge. Turkey is becoming one of the first…