Bitcoin Price Will Nosedive After Dead Cat Bounce: Crypto Blogger

By CCN: The bitcoin price will crash again soon because the latest rally was merely a dead cat bounce and not because the cryptocurrency’s fundamentals are strengthening. That’s what Motley Fool blogger Kevin Godbold contends. In his May 26 blog post, Godbold observed that the bitcoin price has soared more than 120% between January’s low of $3,400 to its current value of $8,500. However, Godbold attributes that to a dead cat bounce, so crypto fans shouldn’t get too smug. As CCN reported, a dead cat bounce is a temporary recovery…

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Crypto Exchange Kraken Takes a Cue from Binance, Delists Bitcoin SV

By CCN: Add Jesse Powell to the chorus of crypto exchange CEOS who are done with Craig Wright’s games. San Francisco-based crypto exchange Kraken has announced that it will be delisting Bitcoin SV (BSV), following in the trend-setting footsteps of Binance and later ShapeShift. Kraken has been engaging with its community about it ever since Binance CEO Changpeng “CZ” Zhao got the ball rolling earlier in the week. In an online poll, nearly three-quarters of Kraken’s followers voted in favor of delisting Bitcoin SV while more than one-fifth of tens…

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Roger Ver: ‘Maybe I’ve Been Fooled’ by Craig Wright

Early cryptocurrency adopter and outspoken Bitcoin Cash evangelist Roger Ver said that he is having second thoughts about his former alliance with self-described Bitcoin creator Craig Wright. Ver, the owner of crypto wallet service and bitcoin cash mining pool Bitcoin.com, stated in a newly-uploaded YouTube video that Wright — whose firm, nChain, is the developer … Continued The post Roger Ver: ‘Maybe I’ve Been Fooled’ by Craig Wright appeared first on CCN

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