Craig Wright Says Bitcoin Is Going to Zero, Vows to Find Fake Satoshis

By CCN: Australian entrepreneur Craig Wright, the self-proclaimed inventor of bitcoin, has anointed himself the new sheriff of Crypto Town. And his first task is to hunt down “fake” Satoshis to prove once and for all that he’s the real deal. Moreover, Wright — who claims Bitcoin SV (Satoshi Vision) is the one, true bitcoin …

Ethereum Price Targets $350 Despite Massive 10% Plunge in 24-Hr Spiral

By CCN: Ethereum price(ETH) has depreciated more than 10-percent against the US dollar as the global cryptocurrency market undergoes a massive correction. The ETH-to-dollar dropped to $235.44 on Coinbase as on May 30, 2100, UTC after rallying for five weeks consecutively. The pair attempted a small pullback from its newfound intraday low, but could not …

Bitcoin SV Will Cannibalize All Cryptocurrencies, Trumpets Craig Wright’s Pal

By CCN: Leading Bitcoin SV proponent Calvin Ayre has warned that the demise of Bitcoin and other cryptocurrencies is imminent. Speaking to Bloomberg, Ayre stated that if BSV’s scaling plans materialize other cryptocurrencies including Bitcoin will be rendered irrelevant: If BSV scales, continues to follow its scaling roadmap, there’s just no need for anything else. …

‘Violent’ Bitcoin Price Correction to $3000 Could Ring Dramatic Reality Check

By CCN: As the bitcoin price shatters past $8,600, analysts are desperately throwing out wild new price targets. $10,000 in the next week. $30,000 by the end of the year. $1 million by 2020! But one trader is less optimistic. Posting their analysis on TradingView, they warn that bitcoin is still in a bear market …

Facebook’s Aging Users & Broke Teens Will Reject GlobalCoin: Report

By CCN: Excitement for Facebook’s forthcoming cryptocurrency, dubbed GlobalCoin, may have hit its first roadblock in adoption. Poor Demographics for GlobalCoin According to research published on May 28 by cryptocurrency analytics firm Diar, Facebook’s payment-focused coin will fail to gain traction based upon the demographics of the platform’s user base. Despite being one of the …

13 VPNs Guaranteed to Help You Escape China’s Ironclad Great Firewall

By CCN: China’s Great Firewall is one of the most prolific and successful internet censorship tools in history. It’s only one part of a group of laws, technologies, and organizations dedicated to preventing people – even VPN users – from freely accessing the web. Collectively, the policies are called the “Golden Shield Project.” Golden Shield …

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 …

‘Bitcoin Will Disappear,’ Craig Wright Rants in Blistering ‘Satoshi’ Manifesto

By CCN: Australian entrepreneur Craig Wright published a blistering manifesto that argues bitcoin (BTC) will eventually disappear because it’s being used to facilitate criminal activity. And that perverts “his” original vision for the cryptocurrency. For reference, Wright has repeatedly claimed that he is Satoshi Nakamoto, the mysterious creator of bitcoin. Civil War Erupts Between Warring …

Robinhood Attracts $200 Million as Valuation Swells to $7 Billion: Report

By CCN: Who says millennials don’t like to save and invest their money? By building a commission-free stock brokerage and trading app with a slick interface, Robinhood has built a $7 billion business in just six years. That’s the company’s valuation as it nears a $200 million funding round from its current financial backers, Bloomberg …