Investment scams in Australia cost investors more than 70 million Australian dollars ($50.5 million) in the first six months of 2021, with crypto scams contributing to more than 50% of the losses, according to Scamwatch data.  As reported by the Australian Competition and Consumer Commission (ACCC), Scamwatch data shows a 53.4% increase in investment scam-related reports, which is set to […]

Despite Bitcoin’s (BTC) price growing 45% over the past 30 days, cryptocurrency investors are not moving their holdings, according to new data. Blockchain analytics provider Glassnode released its new “The Week On Chain” report on Monday, noting that Bitcoin has continued rallying to new multi-month highs despite divergence in on-chain activity during the week ending on Monday. The report discovered that […]

Traders may be daydreaming in hammocks right now, but when the mercury drops, they’ll be ready to trade again, so being on top form is crucial. Here’s your September checklist to plan for increased acquisition and trading volumes in September. But First … The September Effect No one really knows why, but the stock market typically performs worst during the […]

The return of Fame Lady Squad The Fame Lady Squad (FLS), a nonfungible token (NFT) avatar project purporting to have been created by an all-female team, is set to re-launch today with a new team after it was uncovered that three Russian men were behind the project earlier this month. The project’s NFTs depict cartoon female avatars, with the tokens […]

Moscow Exchange (MOEX), the largest stock exchange operator in Russia, announced on Tuesday that it will further extend its offering with international investment products, adding 77 more foreign company stocks. The new stocks will be added on September 1. The Russian exchange first gave access to foreign listed stocks in August 2020 and since then the number of such products […]

Thomas Selby, an experienced executive in the forex industry, has taken up the role of Head of Business Development in the Cyprus-based broker, IronFX. He will begin his new role on September 1. Selby has almost two decades of work experience, and he spent most of his career with multiple brokerages. He is joining IronFX after spending eight long years at […]

Ethereum price is showing positive signs above $3,200 against the US Dollar. ETH/USD must stay above the $3,200 support to continue higher in the near term. Ethereum Price Analysis In the past few days, ethereum started a steady increase above the $3,000 zone against the US Dollar. ETH price gained pace after it broke the $3,200 resistance zone. There was […]

The U.S. Securities and Exchange Commission (SEC) has entered a settlement with two alleged promoters of the multi-billion dollar BTC scam BitConnect. The two consented to paying over $3.7 million in disgorgement and prejudgment interest. They are also to forfeit 190 BTC to the regulator, worth $8.9 million at current prices. In its August 19 press release, the SEC revealed […]

Bitcoin price failed to stay above $50,000 and corrected lower against the US Dollar. BTC could correct lower towards the $48,250 support in the near term. Bitcoin tested the $50,500 resistance level before correcting lower. The price is now trading near $49,000 and the 100 hourly simple moving average. There was a break below a key bullish trend line with […]