Key indicator shows it’s time to accumulate Bitcoin, but the bottom is far ahead | PlusToken scammers could be behind the recent pump; moves $100m in EtherBTC 📉 $7213 (-0.34%) / ETH 📉 $128 (-2.79%) / XRP 📉 $0.19 (-2.73%)
🎁 Win 1 Bitcoin with Nexo, scroll down to learn more ⤵️ Key indicator shows it’s time to accumulate Bitcoin, but the bottom is far aheadDespite the high levels of volatility seen yesterday, Bitcoin stabilized around $7,200. Now, a renowned technical analyst suggests that it is a good time to be “stacking sats” while another estimates a further correction. PlusToken scammers could be behind the recent pump; moves $100m in EtherOver the past 24 hours, the market experienced high levels of volatility. This could be related to one of the largest Ponzi schemes in the history of the cryptocurrency industry. 10 people that shaped the crypto industry in 2019While the crypto industry aims to be as decentralized as possible, it still succumbs to the influence of just a handful of big names in the industry. Futures data suggests latest Bitcoin rally is just short-covering, most Bakkt contracts aren’t being settledA massive drop in open interest on the CME and Bakkt Bitcoin futures contracts indicates short-covering has fueled BTC’s latest rally, likely egged on by the expiry of Bakkt’s December contract. Ethereum DeFi users rise almost 530% in 2019According to the latest DappRadar report, the Ethereum dapp ecosystem has been flourishing in the second half of 2019, with user numbers across almost all categories seeing a huge rise since June. Smoking Gun: Dutch central bank caught overreaching in local crypto businessesThe upcoming fifth Anti-Money Laundering Directive (AMLD5) within the European Union (EU) has already spelled the end for smaller crypto firms on the continent. ‘Silly judge’ remark could cost Craig Wright the Kleiman caseIf the repeated perjury and overall outrageous conduct don’t cost Craig Wright the Kleiman case, insulting a judge will certainly do the trick. Bitcoin bulls roar as price surmounts $7,000; shows sign of macro reversalBitcoin didn’t start the week off hot. On Monday and Tuesday, the leading cryptocurrency tanked, falling by 10 percent in 48 hours’ time. Altcoins followed suit, with Ethereum’s price performance actually going into the red on the year, accentuating the severity of this strong sell-off. Crypto exchange Poloniex offers 65% APR on USDC deposits, but community cries foulPopular cryptocurrency exchange Poloniex shocked the crypto industry when they announced that they would be offering an unprecedented interest rate to users looking to engage in USDC and USDT lending, offering interest rates as high as 65 percent APR to customers located in the European Union. 🎁 Win 1 Bitcoin with Nexo ⤵️Nexo is delighted to wish you all Happy Holidays. Throughout all the merriness, indulgence, and gift-giving, Nexo's Instant Crypto Credit Lines are the ideal tool to fund the abundance of the holidays, without having to sell your crypto. We recognize that for many the final days of December are often a very special time of year which is why we decided to make it a little more magical with an exclusive giveaway: This year, Nexo will be awarding 1 Bitcoin to a lucky customer who uses the Instant Crypto Credit Lines throughout the festive season. Nexo offers you the exclusive chance to win 1 Bitcoin when you open an Instant Crypto Credit Line during the holiday season! How to Qualify to Win 1 Bitcoin with Nexo?
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