Paybis
The one-stop-shop for all your cryptocurrency needs. On Paybis, you can buy Bitcoins instantly with credit card or debit card.
- Highest Limits
- Instant Payout
- Payment Anywhere
- 24/7 Support
Crypto News Blocks
Gold Rally Could Lead To Bitcoin Breaking $10,000 In Near Future
- While Bitcoin and the U.S. stock market have been stagnant in recent weeks, the same can’t be said for gold.
- After dipping to $1,670 in June, one ounce of the precious metal soared above $1,800 for the first time since the post-Great Recession rally.
- Among the factors benefiting gold include central-bank gold purchases, extremely easy monetary policy and a weakening dollar.
- A fractal analysis by a crypto trader predicts that if Bitcoin takes the same path as gold, then it could soon break the $10,000 level.
- Paul Tudor Jones, the billionaire hedge fund manager, didn’t note a correlation between the two markets, but believes Bitcoin and gold have properties that will allow them to thrive in the current macroeconomic environment.
- With gold expected to gain even more in the weeks ahead, analysts are confident that Bitcoin could experience a surge itself.
- Read the full story here.
Posted: July 10, 2020
Man Pleads Guilty To Charges In Alleged $722M Bitcoin Ponzi Scheme
- One of the four accomplices charged with defrauding investors of more than $722 million through a cryptocurrency mining scheme has pleaded guilty to charges against him.
- Silviu Catalin Bacali, a 35-year-old Romanian programmer, was previously arrested in Germany in December 2019.
- He was charged with one count of a conspiracy to commit wire fraud as well as a conspiracy to offer and sell unregistered securities. Bacali now faces a maximum of five years in prison and a $250,000 fine.
- The four others involved in the scheme — Matthew Brent Goettsche, Russ Albert Medlin, Jobadiah Sinclair Weeks and Joseph Frank Abel — were charged in connection in the United States last December.
- The scheme was allegedly conducted between April 2014 and December 2019. The scammers solicited money from investors in exchange for shares in purported cryptocurrency mining pools.
- The scheme purportedly cost investors at least $722 million worth of Bitcoin.
- Read the full story here.
Posted: July 10, 2020
