The cryptocurrency market continues to witness losses duets a spike in volatility, triggered by a sudden meltdown in global financial markets that led to a heavy sell-off overnight.

Stock markets around the world weakened suddenly after concerns about a possible loan default by major Chinese property developer Evergrande. While the situation has eased slightly, investors continue to brace for more volatility as the situation remains uncertain.

Bitcoin, the worlds largest cryptocurrency, was trading at $42,832.22 or 5.87 per cent at 12:50 pm.

Cryptocurrency highlights | Check yesterday's prices

The market capitalisation of Bitcoin fell sharply to $806.61 billion and the 24-hour trading volume fell to $2.44 billion as a result of higher selling activity.

Ether, the cryptocurrency on blockchain platform Ethereum, barely clawed back above $3,000 after plunging sharply.

The cryptocurrency was down over 4.25 per cent compared to its value 24 hours ago, while the market capitalisation fell to $356 billion.

The 24-hour trading volume fell to $2.25 billion as a result of the heavy sell-off witnessed overnight.

All other popular altcoins including XRP, Polkadot, Stellar, Dogecoin, Chainlink, Uniswap, Polygon and Litecoin fell sharply due to higher selling activity.

Commenting on the weakness, Edul Patel, CEO and Co-founder of Mudrex, a global algorithm based crypto investment platform, said, The cryptocurrency market remained under bearish dominance. With ETH dropping below the $3000 mark, investors started panicking.

It led to an even bigger fall across the Altcoins. The largest crypto, Bitcoin, was able to hold on to the $42,000 mark. The next strong support for BTC is at $40,500, he added.

The entire market would be closely tracking the price action in those two market influencers.

Cryptocurrency

Price (US Dollar)

24-hour change

Market cap (Billion)

Volume (24 Hours)

Bitcoin

42,829.07

-4.46%

$806.11

$2.44 billion

Ether

3,031.35

-3.05%

$355.50

$2.25 billion

Dogecoin

0.208789

-4.26%

$27.40

$2.00 billion

Litecoin

159.72

-2.13%

$10.95

$136.03 million

XRP

0.945416

-1.40%

$94.58

$5.92 billion

Cardano

2.12

0.23%

$68.76

$728.74 million

DISCLAIMER: The cryptocurrency prices have been updated as of 01:15 pm and will change as the day progresses. The list is intended to give a rough idea about popular cryptocurrency trends and will be updated daily.

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Cryptocurrency prices today: Bitcoin weakens further amid ...

Cryptocurrency prices fell on Monday amid high volatility. (Photo: Reuters)

Cryptocurrency prices fell on Monday as the virtual coin market witnesses high levels of volatility. Cryptocurrency prices fell over the weekend as trading volumes remained low.

Bitcoin, the worlds most popular cryptocurrency, was trading at $44,445.58 or 3.51 per cent lower than its value 24 hours ago at 3 pm. Its market capitalisation has fallen to 836.20 billion and the 24-hour trading volume stands at 749.17 million.

Ether also dropped sharply by over 6 per cent and was trading at $3,209.23. The market capitalisation has come down to $376.18 billion and trading volume stands at 941.67 million.

Most of the other altcoins are also trading in negative territory after falling sharply amid high volatility. Most of the altcoins have fallen nearly 5 per cent after overshadowing Bitcoin for the past few sessions.

Commenting on the weakness, Edul Patel, CEO and Co-founder of Mudrex, a global algorithm based crypto trading platform, said, Bitcoin broke below the support level at $45,000, giving bears a perfect opportunity to enter the markets again.

The largest altcoin, Ether, dropped below the $3300 level. The crypto market remained shaky, with most of the altcoins tanking over the past 24 hours. However, Polkadot moved more than 13 per cent higher, driven by huge demand, he added.

Cryptocurrency

Price (US Dollar)

24-hour change

Market cap (Billion)

Volume (24 Hours)

Bitcoin

44,587.03

-3.17%

$838.86

$749.17 million

Ether

33,216.38

-6..40%

$377.02

$941.67 million

Dogecoin

0.233854

-5.13%

$30.66

$1.45 billion

Litecoin

173.66

-4.83%

$11.90

$2.34 billion

XRP

1.05

-4.08%

$105.23

$3.63 billion

Cardano

2.40

-8.55%

$77.63

$7.07 billion

DISCLAIMER: The cryptocurrency prices have been updated as of 03:15 pm and will change as the day progresses. The list is intended to give a rough idea about popular cryptocurrency trends and will be updated daily.

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Cryptocurrency prices today: Bitcoin, Ether fall sharply ...

COLUMN

In his regular column, veteran journalist A. Craig Copetas asks if Bitcoin, Ethereum and Dogecoin are the modern-day equivalents of sneezing powder and whoopee cushions.

Samuel Soren Adams reckoned it was time to stop hustling in a New Jersey pool hall. So he put down his billiard cue and in 1905 took a job selling coal-tar soap.

Dad noticed distilled coal tar possessed a tremendously high sneeze potential, his son Bud recounted thirty years before the iPhone Sneeze App arrived on the scene. So for fun, dad squirted the powder through hotel-room keyholes and inside cafes.

The elder Adams bottled and marketed his carcinogenic concoction under the name, Cachoo. Within three months of its introduction, a Philadelphia retailer had bought 70,000 bottles. That triumph was followed by the Snake Jam Jar, which, when opened, let loose a metre-long imitation serpent. Then came the Dribble Glass, and then, of course, the Whoopee Cushion. Exploding matches made another big boom.

Bud Adams said his familys leap from gags to riches proved the public will buy anything, regardless of how dodgy, ridiculous or hazardous the gimmick. And all these years later, it remains hard to dismiss the marketing wisdom of a practical joke mogul whose records indicated he annually sold 10,000 Super Joy Handshake Buzzers in Kuwait and kept the locals coming back for more.

The Adams familys gizmos spearheaded the way for all sorts of the silly stuff currently available through a smartphone, such as Ajit Khubanis Massaging Slippers ($27.99); Witty Yetis Dehydrated Water ($13.30), and Arnie McPhees Yodeling Pickle ($12.99). A tin of slightly radioactive uranium ore on Amazon costs $39.95 and a fee of $5-a-month lets anyone play Wall Street tycoon on the Robinhood Gold stock trading app.

The trick, Bud Adams precisely instructed, is to come up with a product that captures what the public is wishing for and can bring that dream to life, however briefly.

As everyone wants to be a millionaire, how about a $32,000 Satoshi Nakamoto Bitcoin. Vitalik Buterins Ethereum are priced to move into your digital wallet at $3,073 an Ether. Too steep for your pocket? Dogecoin is a deal at 17 cents a Doge, particularly as software engineers Billy Markus and Jackson Palmer say they created the gimcrack which today has a market capitalisation of more than $32.65bn in 2013 as a joke to make fun of cryptocurrencies.

Although the Wizard of Oz advises to pay no attention to the man behind the curtain, Nassim Nicholas Taleb nonetheless says the cryptocurrency pranksters are hawking a gimmick and a Ponzi scheme. Taleb should know. The economists bestselling 2007 book, The Black Swan, spelled out highly improbable events and their potential to trigger severe cascade effects.

Indeed, the feted multibillionaire investor Warren Buffet described Bitcoin as probably rat poison squared, pooh-poohing cryptocurrency as a non-productive asset. All youre counting on is whether the next person is going to pay you more because theyre even more excited about another next person coming along, was the Oracle of Omahas verdict.

The Nobel prize-winning economist Paul Krugman argues that cryptocurrencies play almost no role in normal economic activity. Almost the only time we hear about them being used as a means of payment, as opposed to speculative trading, is in association with illegal activity.

Adds digital godfather and Microsoft Corp founder Bill Gates, Bitcoin uses more electricity per transaction than any other method known to mankind.

It is likely no surprise that all the Baby Boomer grumpiness over cryptocurrency echoes the establishments initial reaction to Adams sneeze concentrate. Cachoo has divided the country like nothing since the Civil War, read an account in a New Jersey newspaper. Town fathers pass ordinances, school principals preach sermons, editorial writers inveigh against Cachoo. But a laugh-hungry population demands more. The eagle screams as this fair land reverberates neath the thunder of nasal broadsides.

Yet whatever your wager on cryptocurrency, I would heavily bet Adams product catalogue would have branded the stuff Digital Dough and displayed the product alongside Suckers Soap, Squirting Flowers and Mystic Smoke From Fingertips, a goo that went poof when rubbed between thumb and forefinger.

Bud Adams described his business as hand jive. He passed away a millionaire in 2001.

The views expressed in this article are the authors own and do not necessarily reflect Al Jazeeras editorial stance.

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That time cryptocurrency proved people will buy anything - Al Jazeera English

Hunter Yarbrough and Drew O'Connor| CapWealth Group

With the introduction of Bitcoin in 2009, much of the world has become fascinated by cryptocurrency. Within its first decade, Bitcoin reached the mainstream, becoming a household name. And more recently, on Sept. 8, El Salvador launched Bitcoin as a national currency. Because of its popularity alone, many investors and financial advisors cannot escape the question: Should we invest in cryptocurrency?

To get to the bottom of this, lets first start at the top.

Cryptocurrency is a digital currency created as a medium for payments that bypasses the traditional banking structure. According to its creator (who has used the presumable pseudonym Satoshi Nakamoto), Bitcoin was created to be a peer-to-peer version of electronic (payments) . . . without going through a financial institution. (bitcoin.org.)

Bitcoin mining is the process of finding new bitcoins by using sophisticated hardware to solve difficult math problems. Miners are rewarded for their work with new bitcoins. Most holders of Bitcoin, however, simply buy Bitcoin as an investment, speculating the price will increase.

There are thousands of digital currencies, with Bitcoin being the most widely used, taking nearly half of the market share (coinmarketcap.com/charts.)

In 2011, one Bitcoin was worth roughly one U.S. dollar. By April 2021, Bitcoin reached its highest price (so far) of over $64,000.

When running the numbers, Bitcoin averaged a return of over 200% per year over the last decade. Compare this to the annualized return of the S&P 500 stock market index - which had a stellar decade of about 16% per year (finance.yahoo.com, Morningstar.com.)

While these returns are certainly incredible, we encourage you to keep several things in mind if you are going to invest in Bitcoin.

Valuation. Traded entirely on sentiment, cryptocurrency lacks economic fundamentals to support any valuation. Stocks, on the other hand, have underlying value based on company profits, giving a logical basis to invest. While some may state that buying cryptocurrency is a way to invest in blockchain (the technology behind crypto), owning Bitcoin doesnt give ownership in the underlying blockchain technology.

Performance. While cryptocurrency may continue its upward trajectory for some time, it is important to remember that past performance does not indicate future results.

Risk. Cryptocurrency is a highly volatile investment. Prices may dramatically fluctuate, even within seconds, and therefore the risk is very high. Investors need to feel comfortable with the risk of loss.

History. What if tulip bulbs each cost more than the average annual salary? Tulipmania really happened in Western Europe in the 1630s when Dutch investors began buying tulips and dramatically drove up the price only to see prices collapse. Or how about the dot-com bubble of the late '90s? The Nasdaq index quadruped in five years and subsequently fell by 78% within two years.

Whether or not you decide to invest in Bitcoin, our objective as a financial advisor is to help carefully guide your decision-making regarding a speculative investment. Always feel free to reach out to a financial advisor to discuss further or for general investment and planning advice.

Hunter Yarbroughis an executive vice president and financial adviser with CapWealth. For more information about Hunter and CapWealth, visitcapwealthgroup.com.

Drew OConnor, CFA, CIPM, is a Portfolio Manager at CapWealth Group, responsible for client portfolio analysis, investment research, and performance reporting. Drew is an Investment Adviser Representative (IAR) with a background in client portfolio management, investment company research, due diligence, financial and performancereporting, investment consulting, and financial data/software. For more information about CapWealth, please visit capwealthgroup.com.

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Personal finance: Be sure to understand cryptocurrency before investing - Tennessean

Whenever there's a high risk, there's almost always a chance for a high reward. In a time when regulators around the world are cracking down on the burgeoning cryptocurrency space, there's one company that's not only undeterred by setbacks but is thriving. Of course, I'm talking about Silvergate Capital(NYSE:SI), whose stock has returned 603.8% in the past year.

Heck, the cryptocurrency bank even bestedBitcoin's 477.4% return during the same period. So why is Silvergate so popular all of a sudden? Let's find out.

Image source: Getty Images.

Silvergate is a waypoint into the mysterious cryptocurrency realm. The company has four major areas of operations:

The company currently provides such services to 93 cryptocurrency exchanges and 771 institutional investors such as hedge funds. Notable clients include Binance.us,Coinbase, Fidelity Digital Assets,PayPal, andCME Group. It also has 360 customers engaged in activities such as crypto mining or building decentralized finance services.

During the second quarter of 2021, Silvergate facilitated a whopping $239.6 billion worth of transfers on its network, recognizing $11.3 million in revenue. Both represent significant increases over the $22.4 billion in SEN transactions and $2.4 million in revenue it brought in Q2 2020. Like any other bank, the company lends out money while only using a portion of its deposit as collateral in a process called fractional reserve banking. Total leverage increased more than tenfold in the past year to $258.5 million worth of loans in Q2.

Under the current international banking regulations (Basel III), a bank's capital must be at least 8% of its risk-weighted total assets (loans, mortgages, etc.). This is called the risk-based capital ratio (RBC). It ensures that a sudden stock sell-off or rise in default rates wouldn't wipe out a bank's capital due to the latter's leverage. The higher the ratio, the healthier the bank, but the less its profits due to less leverage.

Major U.S. banks typically have an RBC of 15% and possess a net interest margin (NIM) of between 2% to 5%. However, it's clear that Silvergate is a very conservative bank as its RBC stands at a whopping 48% while possessing a NIM of 1%. So there's definitely a lot of room for the company to leverage up and beef up its returns. What's more, its default rate stands at roughly 0%, compared to 0.05% for its competitor banks.

With the rise of the $172.15 billion decentralized finance (DeFi) industry, there are now more opportunities than ever for investors to buy and hold cryptos and earn fixed income with them. As a result, expect continued massive demand for Silvergate's fiat-crypto services. And don't forget about its ability to expand its loan portfolio and increase interest profits, either. Overall, I'd consider this a high-flying crypto stock to buy, even at 38 times earnings going forward.

This article represents the opinion of the writer, who may disagree with the official recommendation position of a Motley Fool premium advisory service. Were motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.

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Here's a Top Cryptocurrency Stock to Buy Now - The Motley Fool

Tougher regulation is needed to prevent the rapid growth in cryptocurrencies leading to financial instability, defrauding of consumers and the funding of terrorism, the International Monetary Fund has said.

The Washington-based IMF said the 10-fold increase in the market value of crypto assets digital or virtual currencies to more than $2tn since early 2020 required more active and collaborative supervision by governments.

In a chapter from its forthcoming Global Financial Stability Report, the IMF said many of the new cryptocurrencies lacked robust governance and risk practices.

Cryptocurrencies are an alternative way of making payments to cash or credit cards. The technology behind it allows the money to be sent directly to others without it having to pass through the banking system. For that reason they are outside the control of governments and are unregulated by financial watchdogs and transactions can be made in a way that keeps you reasonably pseudonymous.

If you own a crypto-asset you control a secret digital key that you can use to prove to anyone on the network that a certain amount of that asset is yours. If you spend it, you tell the entire network that you have transferred ownership of it, and use the same key to prove that you are telling the truth. Over time, the history of all those transactions becomes a lasting record of who owns what: that record is called the blockchain.

Bitcoin was one of the first and biggest cryptocurrencies and has been on a wild ride since its creation in 2009, sometimes surging in value as investors have piled in and occasionally crashing back down. Dogecoin which started as a joke has also seen a stratospheric rise in value.

Sceptics warn that the lack of central control make crypto-assets ideal for criminals and terrorists, while libertarian monetarists enjoy the idea of a currency with no inflation and no central bank.

The whole concept of cryptocurrencies has been criticised for its ecological impact, with "mining" for new coins requiringvast energy reserves and the associated carbon footprintof the whole system.

Richard Partington and Martin Belam

Thank you for your feedback.

Dimitris Drakopoulos, Fabio Natalucci and Evan Papageorgiou, authors of the chapter, said in a blog that crypto exchanges had faced significant disruptions during periods of market turbulence. There are also several high-profile cases of hacking-related thefts of customer funds. So far, these incidents have not had a significant impact on financial stability. However, as crypto assets become more mainstream, their importance in terms of potential implications for the wider economy is set to increase, they said.

The blog noted the substantial risks to consumers from inadequate disclosure and oversight, given that some currencies were likely created solely for speculation purposes or even outright fraud. The (pseudo) anonymity of crypto assets also creates data gaps for regulators and can open unwanted doors for money laundering, as well as terrorist financing.

The IMF also highlighted potential problems with the four-fold increase in the supply of stablecoins cryptocurrencies that aim to peg their value, usually against the US dollar to $120bn (88bn) during 2021.

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The blog said: Given the composition of their reserves, some stablecoins could be subject to runs, with knock-on effects to the financial system. The runs could be driven by investor concerns about the quality of their reserves or the speed at which reserves can be liquidated to meet potential redemptions.

Last month, China made transactions in cryptocurrencies illegal, but the IMF said emerging and developing countries appeared to be leading the way with their use. This risked damaging the ability of central banks to effectively implement monetary policy and potentially created financial stability risks, it added.

As a first step, regulators and supervisors need to be able to monitor rapid developments in the crypto ecosystem and the risks they create by swiftly tackling data gaps. The global nature of crypto assets means that policymakers should enhance cross-border coordination to minimise the risks of regulatory arbitrage and ensure effective supervision and enforcement, the IMF said.

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IMF warns of global risks from unregulated cryptocurrency boom - The Guardian

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NEW YORK, Oct 4 (Reuters) - A U.S. appeals court on Monday revived a lawsuit by investors who claimed they were defrauded into buying the HelbizCoin cryptocurrency as part of a "pump and dump" scheme.

The 2nd U.S. Circuit Court of Appeals said a lower court judge erred in finding he lacked jurisdiction to review Helbiz Inc's $38.6 million initial coin offering because its coins were not listed on a U.S. exchange or bought domestically.

While not addressing the lawsuit's merits, the 3-0 decision could be a setback for cryptocurrency firms seeking to avoid liability in U.S. courts by claiming they operated and raised money in foreign countries.

Investors said Helbiz promised to use proceeds from its 2018 offering to develop a smartphone-based transportation rental platform allowing users to rent bikes, cars, scooters and flying drone taxis.

The investors said Helbiz instead kept most of the money for itself, and for almost every rental accepted U.S. dollars, euros and other payment methods, dooming HelbizCoin.

U.S. District Judge Louis Stanton in Manhattan dismissed the lawsuit in January, citing a 2010 Supreme Court precedent that limited the extraterritorial reach of federal securities laws.

But the Manhattan-based appeals court said Stanton should have used a more "tailored" approach, and consider the investors' claims under New York state law and that state's rules for applying its laws extraterritorially.

It also said investors could amend their complaint to show that one plaintiff was a Texas citizen who bought HelbizCoin domestically, supporting their federal securities law claims.

Robert Heim, a lawyer for Helbiz, said the company believes the lawsuit "is without any merit whatsoever, and we look forward to a speedy resolution."

Michael Kanovitz, a lawyer for the investors, said his clients plan also to show that title to their coins were transferred in the United States.

"The fraud is there to be proved," he said. "We think we're very well situated to win the case."

The case is Barron et al v Helbiz Inc et al, 2nd U.S. Circuit Court of Appeals, No. 21-278.

Reporting by Jonathan Stempel in New YorkEditing by Marguerita Choy

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HelbizCoin cryptocurrency lawsuit is revived - Reuters

Coinbase, the cryptocurrency platform used for buying coins like Bitcoin, Ethereum and others, has suffered a hack that's affected 6,000 users, completely draining their accounts.

Coinbase sent a document to users, as reported by our sister-site Techradar, telling them that all their funds had been drained by taking advantage of the company's two-factor authentication (2FA) and using phishing attempts to gain access to passwords. The attacks took place between March and May of 2021.

The reason this attack wasn't more widespread was because the hackers needed some very specific information before going after someone. This meant knowing a user's email address, password and phone number, as well as access to personal email accounts. Coinbase has not been able to determine how these hackers were able to get access to this information, but suspects phishing attacks and other social engineering techniques to be the culprit.

According to Coinbase, "We have not found any evidence that these third parties obtained this information from Coinbase itself."

"However, in this incident, for customers who use SMS texts for two-factor authentication, the third party took advantage of a flaw in Coinbases SMS Account Recovery process in order to receive an SMS two-factor authentication token and gain access to your account."

Coinbase claims that as soon as it learned of the issue, it updated its SMS account recovery protocols to prevent further abuse. The company also worries that the hackers were able to view some critical personal information, including home addresses, date of birth and IP addresses. Luckily, Coinbase has refunded users and put crypto back into user accounts.

"We will be depositing funds into your account equal to the value of the currency improperly removed from your account at the time of the incident. Some customers have already been reimbursed we will ensure all customers affected receive the full value of what you lost."

Of course, Coinbase is already working with authorities to try and find the criminals. Coinbase will also be providing free credit monitoring to affected customers.

The company is also imploring customers to forego SMS authentication and to instead use time-based one-time password (TOTP) like Google Authenticator or a hardware security key. And, of course, users should probably change their current password on their Coinbase account and email account as well.

Today's best Ledger Nano X deals

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Thousands of Coinbase wallets drained by hackers - Tom's Guide

Cryptocurrency adoption continues gaining momentum in Switzerland as local financial authorities grant more regulatory approvals for crypto investment instruments.

The Swiss Financial Market Supervisory Authority (FINMA) has approved the Crypto Market Index Fund as the first crypto fund according to Swiss law, the authority officially announcedon Wednesday.

The fund is launched by Swiss asset manager Crypto Finance and is administered by investment management firm PvB Pernet von Ballmoos AG with custody by regulated custodian SEBA Bank AG.

FINMA noted that the newly approved fund is restricted to qualified investors, investing primarily in cryptocurrencies or digital assets based on the blockchain or distributed ledger technology.

The regulator said that the Crypto Market Index Fund may only invest in leading cryptocurrencies with a sufficiently large trading volume. According to Crypto Finance, the fund will track the performance of the Crypto Market Index 10, a product administered by the SIX Swiss Exchange.

The objective of the Crypto Market Index 10 is to reliably measure the performance of the largest, liquid crypto assets and tokens and to provide an investable benchmark for this asset class, Crypto Finance noted.

Related: SEBA Bank granted the first Swiss digital asset custody license

FINMA added that it would require investors to invest only through established counterparties that are based in a member country of the Financial Action Task Force and are subject to corresponding Anti-Money Laundering regulations.

In conjunction with the fund approval, FINMA has also approved SEBA Bank AG as an institutional-grade custodian service by granting the firm a CISA license. Previously, the authority officially allowed SIX Swiss Exchange to launch a digital marketplace and central securities depository built on distributed ledger technology in early September.

Originally posted here:
First cryptocurrency fund approved in Switzerland - Cointelegraph

A REHAB clinic in Scotland claims to be the first in the world to treat cryptocurrency addiction.

Castle Craig, a private hospital in Peeblesshire near Edinburgh, has seen admissions for Bitcoin addicts increase by a factor of 10 in the past year.

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The clinic is overseen by therapist Tony Marini who claims to be the first physician to recognise that crypto trading is very similar to gambling.

He says most addicts start by occasionally trading before frequent wins feed dopamine cravings and dreams of earning millions.

However, such habit-forming behaviour where users can lose large sums of money can lead to disaster and even suicide, he adds.

Tony told Decrypt: If you say to somebody doing crypto, so you're occasionally gambling, they're gonna go no, Im not.

"So take out the word gambling and say occasionally trading.'"

One of Tony's patients began trading in cryptocurrencies while working in finance.

He says the addiction led the man to stealing more than 1million from his employers.

The therapist says Bitcoin addicts are often addicted to drugs and booze.

He said: "Commonly, people start because they want to buy stuff off the dark web. And the only way to do that is with cryptocurrency.

The biggest problem is this cross addiction [with crypto] startingthrough drugs and alcohol.

Since 2017, Tony has treated 15 people who have been addicted to crypto.

He says that often people are referred to the clinic for drugs or alcohol but their treatment often uncovers other behavioural obsessions, and foremost among these is crypto addiction.

Tony says that around nine of his current patients being treated at the 18th century country house are addicted to online trading.

He says they are usually aged between 20 and 45 and have a "bit of spare cash" when they start dabbling in crypto.

From 2017 and 2019, Tony claims Castle Craig was the only facility in the world which was treating cryptocurrency addiction.

Users travel from the likes of the United States, Dubai, Malta and the Netherlands to get treatment at the clinic.

Tony says that too many stories about Bitcoin are about people who have made fortunes - and not the traders who have gambled their lives away.

He said: "Were not hearing about the people that have lost lots of money. People are so ashamed. They feel so guilty. They don't want to be talking about it. They feel stupid.

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Inside the worlds first Bitcoin rehab clinic where traders who have lost MILLIONS battle cryptocurrency... - The US Sun