The BitConnect Ponzi Scheme has Finally Collapsed as Exit Scam Becomes Evident

With all cryptocurrency markets tanking in value, it is evident there will be some big changes. More specifically, some currencies are all but crashing to the ground as we speak. BitConnect, the infamous Ponzi Scheme, is finally meeting its demise, by the look of things. Thanks to the recent price declines, the value of BCC … Continue reading The BitConnect Ponzi Scheme has Finally Collapsed as Exit Scam Becomes Evident

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South Korea: Military Blocked From Trading Crypto

Soldiers in South Korea will no longer be able to access online cryptocurrency trading websites whilst at military bases. A notification issued Monday by the Ministry of Defence outlined plans to crackdown on digital currency trading. They also began shutting down access to websites about Bitcoin and other virtual currencies at the same time. The notification … Continue reading South Korea: Military Blocked From Trading Crypto

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Bitcoin Declined by 30% Five Times in 2017, Recent Correction is Tolerable

As CNBC Africa’s CryptoTrader host and producer Ran Neuner noted, bitcoin declined by 30 percent on five different occasions in 2017. This month’s 20 percent correction in bitcoin is tolerable, given the major corrections it had experienced in the past 12 months. Major Correction Other major cryptocurrencies such as Ethereum and Bitcoin Cash also recorded corrections … Continue reading Bitcoin Declined by 30% Five Times in 2017, Recent Correction is Tolerable

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