Bitcoin broached the key $50,000 level once again as the wider cryptocurrency market continued its rally. The largest cryptocurrency rose as high as $50,363 on Monday, having briefly surpassed $50,000 on Aug. 23 as well — a level it hadn’t hit since mid-May. Ether, the second-largest crypto, rose as much as 3% to $3,843, continuing…
By Jonathan Stempel NEW YORK (Reuters) -The top U.S. securities regulator on Wednesday sued the founder of the now-defunct cryptocurrency exchange platform BitConnect over his alleged role in fraudulently raising about $2 billion from thousands of retail investors. Expanding a civil case announced in May, the U.S. Securities and Exchange Commission charged BitConnect founder Satish…
If you’ve fallen victim to an online scam, you’re probably angry. Scammers not only carefully planned attractive scams, but are also the best way to receive consumer money. This article explains consumer legal remedies and choices, which depend on the payment method used by consumers. Although most scammers use payment methods that give people almost…
Looking to pay off your debt but not sure where to start? Feeling overwhelmed by the stacks of unpaid balances that seem to loom everywhere? Beginning your debt payoff journey can seem overwhelming at first, but there are plenty of ways to get started. We’ve assembled 8 steps you can take to launch debt repayment—from…
A flaw in the most popular software used to verify transactions on the Ethereum network nearly triggered a crisis for the world’s most widely used cryptocurrency blockchain. About half of the Ethereum ecosystem split into a separate chain after a bug in the Go Ethereum, or Geth, software effected users who hadn’t implemented an update…
We are told that we need to save money for our futures – whether we are talking short term, to cover things like unexpected bills or loss of employment, or long term for our retirement. But with interest rates at an all-time low and inflation still somewhat volatile, where is the incentive? The bank…
Throughout history, people all over the globe have held gold as a prized commodity. Unlike the many kinds of paper currencies that have gone into circulation only to go defunct eventually, gold – whether made into jewels, coins, bullion or crowns – has always maintained its value. In the modern-day, very little has changed. While…
Bitcoin’s burst above the $50,000 level didn’t last long and chart patterns signal its rally since July is at risk of fading. The largest cryptocurrency fell as much as 4.4% Thursday to $46,588, with other tokens including Ether retreating along with the Bloomberg Galaxy Crypto Index. The drop pared Bitcoin’s rally since a July low…
Stocks, EFTs, cryptocurrencies – Are common topics in many finance articles these days, but let us not forget about trading binary options! This trading method is one of the most popular options for beginners, but what is it all about, and how can you start your trading journey? We will cover these questions in this…
El Salvador began installing Bitcoin ATMs, allowing its citizens to convert the cryptocurrency into U.S. dollars and withdraw it in cash, as part of the government’s plan to make the token legal tender. The government will install 200 of the teller machines to initially accompany its digital wallet called Chivo, a local slang term for…
