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Africrypt Ponzi Scheme Collapse: South Africa Regulator Says Its ‘Not in a Position to Take Any Regulatory Action’

Following Africrypt’s collapse, South African regulator, the Financial Sector Conduct Authority (FSCA), released a statement asserting its lack of jurisdiction over cryptocurrencies. Although the regulator says it is “continuing to investigate complaints” against the crypto investment company, it concedes it has only “found evidence of crypto-asset transactions. дальше »

2021-6-25 15:00


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South African Regulator Warns Crypto Investors to ‘Be Prepared to Lose All’ Following Collapse of Bitcoin Trading Company MTI

The Financial Sector Conduct Authority (FSCA) has issued what it terms crypto health warning after receiving many complaints from South African victims of crypto scams. In the warning, the FSCA reminds prospective investors that crypto-related investments are currently not regulated. дальше »

2021-2-6 22:30


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Bitcoin Reclaims Key Level Following Yesterday’s Wild “Pump and Dump”

Bitcoin has seen some wild price action throughout the past few days, with the crypto seeing a “pump and dump” rally that led it to $39,000 before it plummeted to $32,000 This price action shows that there’s a significant number of bears looking to fade BTC’s price action at the moment It has recovered from its lows and is not showing any signs of wanting to collapse much lower, but its price action has been […] дальше »

2021-1-30 21:00


Why ‘Black Friday’ Was The Best Thing To Happen Bitcoin In 2020

March 12, 2020, will go down in history books as Black Thursday. That day began a two-day, more than 50% collapse in Bitcoin. It also shook the stock market, precious metals, and crypto.   But yet, that fateful day in hindsight was the best thing to happen to Bitcoin all year and was a crucial factor in the asset achieving a new all-time high and trading near $30,000 currently.  Here are all the reasons why.  […] дальше »

2021-1-1 19:08


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Bitcoin Collapse Retests Key Weekly Level Never Lost During Last Bull Run

Bitcoin price this week shocked the crypto world with an over $2,000 collapse from over $12,000 to under $10,000 in just two days flat. Although there’s certainly blood in the streets, and a sharp turn in sentiment toward fear and panic, the cryptocurrency is currently holding an important level. The fall retraced to a key […] дальше »

2020-9-6 20:00


Why One Analyst Thinks the Collapse of DeFi Will Fuel a Historic Ethereum Rally

Ethereum has been generating significant buzz across the crypto sphere over the past few days, primarily due to the explosive surge in the popularity of decentralized finance (DeFi). Much of this popularity has been driven by an emerging trend called “yield farming,” in which users can leverage different protocols in order to receive massive payouts, […] дальше »

2020-6-23 02:00


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Why Crypto Investors Withdrawing BTC En Masse From Exchanges is Optimistic

New data shows that crypto investors and traders are withdrawing their BTC from cryptocurrency exchanges in record numbers, following the historic Black Thursday collapse in mid-March. While this may initially sound like a bad thing for the market, it has incredibly bullish implications that provide a highly optimistic outlook on Bitcoin’s future. дальше »

2020-5-1 18:00