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New Zealand Christchurch Shooter Brenton Tarrant Made Money Investing in BitConnect



A document, widely circulated online as the manifesto of Christchurch shooter Brenton Tarrant, hints how he made money from crypto investments.

Brenton Tarrant, the Australian man behind today’s ghastly attack at two mosques in Christchurch, New Zealand, reportedly made money from BitConnect investments.

49 people were confirmed dead by New Zealand police commissioner Mike Bush as of press time.

The death toll could rise further as the shooting, believed to be the worst the country has witnessed in recent history, left many survivors seriously wounded.

An Unconfirmed Manifesto

A document claimed to be the manifesto of the Christchurch shooter surfaced online shortly after the attack.

Titled “The Great Replacement: Towards A New Society” the 73-page manifesto features various details regarding who Brenton Tarrant is and what prompted him to carry out the heinous attack.

Among other things, the document portrays Tarrant as an “ordinary White man, 28 years old” who was “born in Australia to a working class, low-income family.”

Tarrant, believed to have authored the so-called manifesto, also added that he never opted for higher education as he “had no great interest in anything offered in the University to study.”

Instead, he worked for a while and made some investments in BitConnect. The manifesto reads:

“I worked for a short time before making some money investing in BitConnect, then used the money from the investment to travel.”

For those out of the loop, BitConnect was an open-source cryptocurrency and a peer-to-peer payment protocol connected with the, a platform claiming to be a high-yield investment program.

BitConnect found itself at the receiving end of US law enforcement after the Texas State Securities Board issued a cease-and-desist notice alleging that the company was operating a Ponzi Scheme.

The charges brought against BitConnect included failure to disclose earnings as mandated by the law and filing inaccurate/misleading statements.

On Jan 17, 2018, BitConnect was officially shut down, causing the price of the cryptocurrency to plummet over 90%.

Note that Blokt can not independently verify the authenticity of the document. Our editorial team has decided against covering the rest of the manifesto because of its distasteful and disturbing content.

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BTC, ETH, XRP Price Prediction — Bears Are Back Again: Nothing to Worry About or a Deep Correction?



  • Bears have come back on the crypto market. How long are they gonna stay here? Our price prediction helps you to make a decision

May 23 has started with a general dump on the cryptocurrency market, as the prices of all coins are going down. As it usually happens, when the rate of BTC decreases, altcoins decline even deeper. Today’s example is not the exception from the rule. The biggest loser out of the top 10 coins is Cardano; its rate has dropped by almost 9%.

However, there is also positive news against the overall market correction. May has been the most successful month for Bitcoin futures. A record trade volume of 33,677 contracts ($1.3 bln in BTC) was recorded on May 13 at the Chicago Mercantile Exchange (CME).

Bitcoin futures statistics by CME Group

Bitcoin futures statistics by CME Group

What is more, yesterday the crypto community celebrated Bitcoin Pizza Day for the 9th time. In 2010, the programmer Laszlo Hanyecz paid 10,000 BTC for two pizzas. Now they would cost more than $80 mln.

In terms of the technical analysis, the situation on the market looks the following way.


Our BTC forecast made a few days ago is coming true, as the coin is moving to an expected $7,575.

However, there are no fundamental reasons for today’s market dump; traders just fix their profits.

BTC/USD chart by tradingview

BTC/USD chart by TradingView

On the hourly chart, it is noticed that the quotes are located in the descending channel from May 20. Currently, the leading crypto is trading between the support level at $7,500 and resistance at $8,000. We can expect a decline up to $7,500 in a few days, as the trading volume keeps stagnating. Hopefully, BTC should not go below $7,500, because the RSI indicator is near the oversold zone.


Even the positive news background could not keep Ethereum from falling; at the time of writing, its rate has reduced by more than 7% against the US dollar. The quotes are trading according to our scenario predicted a few days ago.

ETH/USD chart by tradingview

The leading altcoin on the hourly chart has almost touched its bottom at the $230 mark. One can expect a rollback from this point to the green zone ($250-$265) within a few days. The end of the correction is also supported by the RSI indicator, which is located on the verge of the oversold area.

The price of ETH is trading at $236.81 at the time of writing.


Against the top 3 coins, Ripple is falling the most: its rate has reduced by 7.5% overnight. However, the coin is not going to capitulate, due to the relatively high trading volume.

XRP/USD chart by tradingview

On the 1-hour chart, Ripple is looking similar to Ethereum and has almost reached the support at $0.36. This is confirmed by the RSI indicator and Fibonacci Retracement. In this regard, one can expect a bounce back to $0.3979 (78.6%) shortly.

The price of XRP is trading at $0.3671 at the time of writing.

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ECB: Bitcoin, Ether, Ripple and BCH are the “Most Important” in Usage & Business Model Diversity



In its latest report titled, “Crypto-Assets: Implications for financial stability, monetary policy, and payments and market infrastructures,” European Central Bank (ECB) takes on cryptocurrencies.

To start with, ECB points out that Bitcoin is the leader of the pack when it comes to market capitalization, user base, and popularity. It further mentions that despite losing its market share, it has recovered and currently stands at 54 percent.


Crypto-asset Development

Regarding the development, the key findings have been:

  • Financial investment vehicles like trusts, Exchange Traded Notes (ETNs) and Contracts for Difference (CFDs) have started to offer exposure to crypto-assets to European clients that are mainly found in the household sector with key markets in Belgium, Italy, and Germany in Q3, 2018.
  • Price growth of crypto-assets surpassed that of historical bubbles viz. Dot-com bubble, South sea bubble, Mississippi, and Tulip mania before the crash in early 2018.
  • An important share of bitcoin’s trading volume, an average of 10% of the total, is settled in euro.
  • The top 1,000 addresses (0.0018% of all active addresses) represent around 36% of all bitcoin holdings and the top 10,000 holds 58%, reports ECB in its report
  • Developments and activities like Bitcoin futures contracts and financial investment vehicles that track crypto-assets, may increase links to the traditional financial sector and the real economy.
  • Banks do not seem to have systemically-relevant holdings of crypto-assets while hedge funds and asset managers showing strong interest.
  • Initial coin offerings (ICOs), a largely unregulated way to raise capital collected about €19 billion in 2018.

Implications for Monetary Policy

  • At the current stage, crypto-assets do not fulfill the functions of money, and neither do they entail a tangible impact on the real economy nor have significant implications for monetary policy.
  • Since the size of the sector remains small and linkages to the wider financial system – let alone the real economy – remain limited, crypto-asset related developments have no direct implications for monetary policy at the present stage. At the same time, the dynamic nature of crypto assets, including the development of stablecoins, warrants continuous monitoring.
  • Clarifying the accounting treatment of crypto-assets could lead to a more conducive environment for such investments being created.
    “Regulation of crypto-asset gatekeepers could have an unintended impact on the market,” cautions ECB.It further states that still ECB continues to monitor the crypto-assets, and further raise awareness while developing preparedness for any adverse scenarios that too in cooperation with other relevant authorities.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

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BTC, ETC, BNB Price Prediction — Can Altcoins Push the Market to $250 Bln?



  • The total market cap is approaching $250📈💣 bln again. Read our price analysis to understand when to buy and sell top coins

Indeed, it seems that the altcoins market is back, and soon, we can expect new highs. Such a scenario is backed by Binance Research, showing that today is an excellent opportunity to buy promising cryptocurrencies.

Altcoins Binance Research

However, BNB was not the biggest gainer: the price of Bitcoin SV more than doubled yesterday as its creator Craig Wright registered Bitcoin’s white paper as his.

Bitcoin SV data

Now, let’s turn to the technical point of view.


The rate of the world’s top crypto has not changed over the last day; Bitcoin has been trading sideways for 3 days already. We could see the same situation one month ago, at the end of April. However, back then, the quotes started to rise.

BTC/USD 4-hour chart

Summing up, Bitcoin might keep trading in the green zone ($7,900-$8,250) until the last days of May.

The price of BTC is trading at $7,953 at the time of writing.


If yesterday ETH quotes were trading in one direction with BTC, today, Ethereum is doing much better, as its rate has increased by 3%.

ETH/USD 30-min chart

On the 30 minute chart, the asset has been showing steady growth since May 20. The bullish trend is also noticed on the MACD indicator, as the coin is located in the ascending channel. In the long-term scenario, ETH may reach $261; however, the likely forecast is the level of $253.78 (23.6%).

The price of ETH is trading at $257.35 at the time of writing.


It looks that no news is needed for Binance Coin to rise, as there are no vivid reasons for today’s growth. Now, no one even recalls the hack of the Binance exchange, meaning that the community is more than sure in the platform’s stability.

BNB/USD 1-hour chart

Our previous BNB prediction more than justified itself: the rate peaked at $30, fixing the ATH. In terms of the hourly chart, a little correction is needed for the coin to continue its smooth growth. Overall, the nearest scenario is reaching the $30 mark in a few days.

The price of BNB is trading at $31.62 at the time of writing.

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