Pope Francis Distributes BTC or It Is a Crypto Scam?

Pope Francis

Pope Francis published a tweet, which the bot replied today to. One dummy account tried to confuse users of Twitter using the nickname “@_Poontifex,” which is very similar to the official nickname of  Pope Francis Twitter – @Pontifex.” He tried to distribute BTC, and as you may understand, it turned out to be a cryptoscam.

Another user “@RicardoStark7” commented that tweet, saying that the transaction is very fast. Since bots liked and reposted the tweet, the latter got to the top response.

What is important to notice, this conversation may seem okay to an ordinary user, as Pope Francis seemed to reply to himself.

We want to warn you that there are a lot of scammers in Twitter, and advise to be extremely careful with the projects you want to invest in.

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Binance To Launch Property Auction, Buyers Can Use BTC and BNB

One of the most famous crypto exchanges in the world – Binance – is launching a live property auction partnering with real estate auctioneer James Pratt Auctions (JPA). From now on, potential buyers can purchase real estate using Bitcoin or Binance Coin. The auction takes place on April 8.

The auction will sell a luxury, beach-front mansion in Casuarina, New South Wales.  Its area accounts for 412 square meters, including 5 bedrooms, 3 bathrooms, a heated 25-meter pool. The house provides a full Google Home automation, solar system, and a key-less entry system.

The auction was confirmed by the CEO of Binance, Changpeng Zhao, using hashtag #useBNB. He thinks that such auction will help to integrate digital assets in society much faster.

The CEO of JPA is very excited about this collaboration saying:

“This process gives the consumer another option to consider when purchasing real estate. For the vendor, it can help attract a whole new kind of buyer … There is a large audience internationally excited by this.”

Such purchase will not be the first in history; however, possible to buy real estate property in Binance Coin is something new. Using this method of payment will definitely cause BNB Coin to rise and adopt it massively in other spheres of life.

According to the CoinMarketCap, Binance Coin places the seventh place in Top 100 cryptocurrency with the market capitalization of more than $2 billion. The price at the time of writing is $15.28. Since the beginning of 2019, the rate of the coin is constantly growing, it has already increased by 2.5 times since January 1.

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A Large IT-Company Begins Accepting Cryptocurrency

An American company Avnet which is on the list of the largest technological organizations version of Fortune 500 announced that they are ready to accept digital coins including Bitcoin as payments. This was made possible because of a BitPlay service.

It should be noted that Avnet has also begun collaborating with Bitcoin.com. The main purpose of which is the development of a brand new cold wallet. It will provide the highest level of transactions safety and the storage of different digital coins.

Nevertheless, we shouldn’t forget the “dark” past of BitPay service. At the beginning of last year, representatives of large cryptocurrency communities called not to use its services.

The fact is that the workers of this service unilaterally without any negotiations with Bitcoin developers refused to support BIP21 and introduced a little known BIP70. Since 2013 it is of ill report because with its help BTC “blacklists” were created.

We want to remind you:

BitPay Transactions Surpasses $1B in 2018, B2B Payments Records 225% Increase

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The Cofounder of the Infamous Cryptocurrency Exchange QuadrigaCX Turned Out to Be a Convicted Criminal

The digital assets exchange platform QuadrigaCX has recently become an epicenter of various scandals and controversies. We have already reported earlier about another cofounder of the exchange Gerald Cotten.

Cotten died in the age of 30, leaving his wife and the exchange employees with massive amounts of missing money and the total confusion in the financial situation on the platform, considering the fact that he mixed his own funds with the funds of Quadriga.

However, now the exchange has to deal with an even more serious issue. It is suspected that the second cofounder of QuadrigaCX, Michael Patryn changed his name to escape criminal prosecution.

According to the report made by Bloomberg, Michael Patryn might be the same person as Omar Dhanani, a person suspected of committing multiple offenses in the United States.

Allegedly, Dhanani changed his last and first name in 2003 and 2008 correspondingly, after being convicted in multiple crimes, including credit card scams, identity theft, burglary, larceny, and receiving a 18-month sentence in federal prison.

Michael Patryn denies all the accusations and claims that Omar and him are two completely different people.

However, he failed to provide any decent proof of his activities starting from the early 2000s. Patryn only mentioned that he worked for various crypto-related businesses during that time period.

The Canadian authorities are currently investigating the situation at the exchange QuadrigaCX, regarding both the financial troubles caused by Gerald Cotten and the accusations against Michael Patryn or Oman Dhanani.

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Donald Trump Might Have Increased His Wealth Due to Some Shady Business with Deutsche Bank

Donald Trump has undoubtedly won the title of the most eccentric president of the United States. Given the amount of accusations, convictions and general displeasure, it is a wonder how he has not been impeached yet. However, this new endeavour might put the last bits of his reputation at stake.

The New York Attorney General started an investigation regarding the financial relationship between the Trump Organization and Deutsche Bank. Reportedly, the major German bank has provided over 2 billion dollars in loans to the American president over the years.

The misconduct of Trump

The story begins in 2004, when Trump first encountered Deutsche Bank. The businessmen went to the real estate department and filed for a loan for his 92-story Trump International Hotel and a Trump Tower in Chicago.

At first sight everything seems fine, but it surely isn’t. When asked about the financial situation, Trump claimed to own a much larger sum of money than he actually had back then. Simply speaking, he lied to the bank about his net worth.

Mr. Trump told Deutsche Bank his net worth was about $3 billion, but when bank employees reviewed his finances, they concluded he was worth about $788 million, according to documents produced during a lawsuit Mr. Trump brought against the former New York Times journalist Timothy O’Brien,” is mentioned in the investigation files.

The weird thing is that although the bank officials surely suspected something, they didn’t take time to check and verify the information provided by Trump. Instead of that, they kept loaning him massive amounts of money.

In 2010 Trump received a 100-million-dollar loan from the Deutsche Bank to built a resort in Florida. Experts claim that he deliberately increased his net worth by almost 70% in the application in order to get the money.

In 2014 the current US president tried to purchase the popular football team Buffalo Bills. When the NFL demanded the proof that he would have enough finances to conduct the deal, Trump claimed that he owned almost 9 billion dollars, and this all happened through Deutsche Bank once again.

Right now, the authorities are finally starting to see the whole picture and its scale. The investigation has already started. Faking net worth to get such huge loans might result in big problems for both Trump and Deutsche Bank.

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When Will Finally Growth Happen? Or Fresh Forecasts of Cryptocurrency Analysts

As we all remember, the 2018th year was far from the best in the history of Bitcoin as well as other cryptocurrencies. For the previous year, the first cryptocurrency slipped from $20,000 to $3,200. As of this writing, one BTC coin costs $3,940.

Perceptible revival in the cryptocurrency market has provoked another dose of optimistic statements from analysts. Let’s take a look at what professional traders and cryptocurrency market experts are saying about the immediate prospects for the Bitcoin rate.

Leah Wald

A professional trader, and in the past, World Bank economist Leah Wald, claims that the rate of the main cryptocurrency will fall to a critical level of $1,500, and only after that, new growth can begin, up to $6,500. But the user with the nickname Filb Filb doubts her prediction and claims that BTC has already “found its bottom” and now only the growth up to $6,000 and higher is waiting for us.

Leah Wald is confident in her forecast, so she decided to make a bet with her opponent – in case her prediction turns out to be wrong, she will have to transfer 1 Bitcoin to the user Filb Filb.

Cane IslandCrypto

An analyst from Texas, who is known on Twitter under the nickname Cane IslandCrypto recently published his own vision of the BTC price behavior in the coming years. So, he believes that a long and confident uptrend is waiting for us:

  • until the end of 2019, the BTC course will be $7,800;
  • in 2021 – $28,627;
  • in 2023 – $93,382;
  • in 2026 – $471,532.

He is confident that the bear market is over and only growth is waiting for us in the coming years.

Canaccord Genuity CapitalMarkets

A group of leading analysts of Canadian financial institutions Canaccord Genuity CapitalMarkets has a similar opinion about the rate of the first cryptocurrency. They believe that in two years Bitcoin will return to its peak values and go higher.

To create the own Bitcoin price chart, analysts were guided by historical data for 6 years (from 2011 to 2017). After analyzing the behavior of BTC, they came to the conclusion that at the moment the price of the asset has already “found the bottom”. And in the near future, the BTC course should start its growth.

Conclusion

If we analyze this information, we can conclude that the mood of market participants is beginning to change for the better. So far, the Bitcoin rate shows growing, even though slow: in recent months it has grown from $3,200 to $3,940 and continues to ascend. The nearest psychological mark is at the level of $4,000 – $4,100.

We will closely follow the latest news from the cryptocurrency world. If you always want to stay up to date with the latest events, then follow the updates on our website or subscribe to us on social networks.

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Bitcoin Overcame Psychological $4000 Mark: Rate Chart

The weekend begins well: today on March 16th, 2019, Bitcoin rate broke another psychological mark of 4 thousand dollars.

Half-hour graph from cryptocurrency exchange Bitstamp Source: TradingView

In the graph above we can see that not only Bitcoin has increased, but also trading volume. As expected, almost all the coins followed Bitcoin.

Source: Coinmarketcap

This is exactly how Top-10 cryptocurrencies looks like. Bitcoin Cash showed the maximum growth in the last 24-hours, it managed to grow by 14%, the second place in the growth dynamic takes Litecoin with 6,61%.

What is it – the final verge of a trend or another market manipulation? We will follow developments and provide you with the latest information.

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