Author name: Peter

The Bitcoin Halving Challenge: Test Your Bitcoin Market Prediction Skills and Win Big

Introduction Bitcoin Magazine and Nitrobetting.eu have teamed up to present a thrilling new contest called "The Bitcoin Halving Challenge." This innovative competition provides participants with a unique opportunity to showcase their Bitcoin market prediction skills and potentially win a share of 1 Bitcoin. The Contest Details The registration for the contest opened on November 1, […]

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Bitcoin, Ethereum Technical Analysis: Mixed Signals for Leading Crypto Assets

Bitcoin Price Analysis In trading on Friday, November 3, 2023, Bitcoin (BTC) experienced a decline of 3.3%, dropping to $34,195. The trading volume during the last 24 hours was $20.79 billion. The relative strength index (RSI) reading of 70 suggests that Bitcoin is approaching overbought levels, while the Stochastic oscillator of 86 indicates the possibility

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Coinbase Exceeds Expectations with Strong Q3 Performance

Recorded Net Income and Adjusted EBITDA In the third quarter of 2023, Coinbase, the publicly-traded cryptocurrency exchange, outperformed expectations despite the extended crypto market slump. In their most recent shareholder letter, Coinbase disclosed a net income of $2 million and an adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $181 million for the

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FTX Boss Sam Bankman-Fried Accused of Stealing Billions from Customers and Lying About It

The Bankman-Fried Saga Unveiled Federal prosecutor Nicolas Roos made a compelling case this week, accusing Sam Bankman-Fried, the CEO of cryptocurrency exchange FTX, of stealing billions from customers and engaging in a web of lies to cover up his actions. In his closing argument, Roos painted a vivid picture of Bankman-Fried's deceit, which eventually crumbled,

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Fun Is Key to the Success of Decentralized Games, Says Cryptopia CEO Sangho Grolleman

Sangho Grolleman: Leading the Way in the Cryptocurrency Realm Sangho Grolleman, the CEO of Cryptopia, is a well-respected figure in the cryptocurrency industry. With his extensive experience dating back to 2018, he has played a crucial role in numerous cryptocurrency startups. Sangho has held various positions, including CEO, COO, and trusted external advisor, showcasing his

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Nayib Bukele Accused of Misusing Funds for Bitcoin Project in El Salvador

An Investigation Reveals Allegations Against El Salvador's President An investigation conducted by the Organized Crime and Corruption Reporting Project (OCCRP) has made serious allegations against Nayib Bukele, the President of El Salvador. According to the report published on October 31, Bukele is accused of misappropriating funds from the Central American Bank for Economic Integration (CABEI)

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JPMorgan Chase CEO Jamie Dimon Warns of Persistent Inflation and Predicts More Fed Rate Hikes

Jamie Dimon Shares Economic Outlook JPMorgan Chase CEO Jamie Dimon recently discussed his outlook on the U.S. economy, inflation, and potential future interest rate hikes by the Federal Reserve. In an interview with Yahoo Finance Live following the Federal Open Market Committee (FOMC) meeting, Dimon expressed his concerns regarding inflation and the impact of fiscal

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People’s Bank of China Governor Vows to Curb Crypto Speculation

PBOC's New Governor Pledges to Stop Cryptocurrency Speculation The newly appointed governor of the People's Bank of China (PBOC), Pan Gongsheng, has made a commitment to crack down on speculation related to cryptocurrency transactions in the country. In his recent report on measures to maintain the stability of the Chinese financial market and prevent risks,

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