The Estate Of Dave Kleiman Claims That Wright Has The Private Keys To 820,200 Bitcoins, Since $1.6 Million Of These Bitcoins Have Been Moved, But Also Shows Proof That The List Is A Complete Forgery

May 22, 2020  /  by Crypto.IQ
The case of Craig Wright versus the Estate of Dave Kleiman is reaching a new intensity following a transaction sent from an extremely old Bitcoin (BTC) wallet. Now the Estate of Dave Kleiman has submitted a 26 page motion that is filled with proof that Wright is continuing to lie and play games with the… Read more

The Federal Reserve Is Considering ‘Controlled’ Inflation In Order To Wipe Out A Fraction Of National Debt; This Is A Very Bullish Factor For Crypto

May 21, 2020  /  by Zachary Mashiach
The Federal Reserve Bank of Chicago has released a new paper titled ‘Monetary and Fiscal Policies in Times of Large Debt: Unity is Strength (REVISED May 2020).’ It essentially describes how one of the Federal Reserve’s best options for dealing with the current fiscal crisis is to cause ‘controlled’ inflation, which will wipe out some… Read more

PIVX Dev Team Alleges That John McAfee’s Ghost Cryptocurrency Is A Shoddy Copycat

May 19, 2020  /  by Crypto.IQ
John McAfee’s Ghost Token (GHOST) has finally released its whitepaper, and the PIVX dev team claims that Ghost Token (GHOST) is literally a copy and paste of PIVX. Even worse, the PIVX dev team claims that Ghost Token (GHOST) is full of technical inaccuracies. First off, the PIVX dev team says that 20 out of… Read more

BMA LLC, A Stationery And Office Supply Company, Is Suing BitMEX For A Long List Of Alleged Illegal Activities After Getting Rekt

May 18, 2020  /  by Crypto.IQ
BitMEX, the most popular crypto derivatives exchange in the world, is being sued in the United States District Court. However, the party suing BitMEX is BMA LLC, a stationery and office supply company, which is quite mysterious considering the nature of the lawsuit. The lawsuit alleges that BitMEX is the biggest violator of money transmission… Read more

Total Bitcoin Mining Revenue Per Day Drops From $20 Million To $9 Million In Just One Week Due To Block Halving

May 14, 2020  /  by Crypto.IQ
The Bitcoin (BTC) block halving is a reason for excitement for most people in the crypto space, since it will likely lead to a major crypto rally this year. However, for Bitcoin (BTC) miners the block halving means much less revenue. Indeed, the total revenue of all Bitcoin (BTC) miners dropped from $20.6 million per… Read more

President Trump Is Calling For Negative Interest Rates, Which Could Be Bullish For Crypto

May 13, 2020  /  by Crypto.IQ
President Trump has called for the Federal Reserve to drop interest rates into negative territory. Although this isn’t the first time that President Trump has said this, it seems he is pushing harder than ever before for negative interest rates amid the Coronavirus induced economic meltdown. Negative interest rates means that big borrowers, like banks… Read more

The Bitcoin Block Halving Is Today

May 12, 2020  /  by Crypto.IQ
Halvening day 2020 is here. As of this writing Bitcoin (BTC) has 42 blocks to go until it hits block 630,000, at which point the block reward will drop from 12.5 Bitcoins (BTC) to 6.25 Bitcoins (BTC). Based on an average block time of 10 minutes, the halvening should occur in the afternoon. The halvening… Read more

The Crypto Version Of Fyre Festival: Class Action Lawsuit Filed Against The Creator Of The Massive Adoption Conference After He Cancels The Conference And Fails To Provide Refunds

May 8, 2020  /  by Crypto.IQ
Massive Adoption was supposed to be a major crypto conference in Memphis, Tennessee, with 2,000 registered attendees and 60 speakers. However, in what seems to be the crypto equivalent of the Fyre Festival, the conference never happened. And now the attendees have filed a class-action lawsuit against the creator of the conference, Jacob Kostecki. Apparently… Read more

Bitmain Showdown: Micree Zhan Takes Back Control Of Bitmain, CFO Steals Business License From Zhan And Is Arrested

May 8, 2020  /  by Crypto.IQ
Wild things have been happening at Bitmain, the largest manufacturer of crypto mining chips and rigs in the world.  It starts with Bitmain Co-Founder Jihan Wu ousting Co-Founder Micree Zhan in October 2019 for reasons that still have not been disclosed. After that, Wu appointed Luyao Liu as Bitmain’s Chief Financial Officer (CFO) and legal… Read more

CME Open Interest Surges To Record High Of $400 Million Ahead Of Bitcoin Block Halving

May 8, 2020  /  by Crypto.IQ
Open interest on the CME Bitcoin Futures exchange has surged to a record high of $400 million, far surpassing the previous record of $338 million in February. Notably, open interest was only $150 million in March, so this surge has been particularly sharp and fast. Open interest is the amount of money with exposure to… Read more
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