Investor, beware! TheStreet dishes the dirt on the top 7 bitcoin scams so far, and offers tips on how to avoid being duped. Friday, June 14 — most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as bitcoin (BTC) crossed the $8,400 mark Tel Aviv, Israel- What the heck is the 9.9%? If you have Bitcoin you can live a so-called “alternative lifestyle”. Live in a car for a while? Wyoming talk! If you are in your early 20’s then now is the perfect time to try something “different”. Owning a house is stressful, owning Bitcoin is not. Binance, a cryptocurrency exchange, announced the acquisition of JEX, a crypto-asset trading platform offering spot and derivatives trading services. JEX will join the Binance ecosystem as Binance JEX and focus on further building the cryptoasset derivatives market, providing Binance users with professional services including futures contracts, options and other derivative products. In a new report, Binance Research found a ‘moderate’ positive correlation between Bitcoin and US equities during the first quarter of 2020 — but neither was correlated to gold. They added: “Despite Bitcoin displaying a significant positive correlation with US equities in the first quarter of 2020, this high correlation coefficient remains very unlikely to persist in the medium to long ... In the meantime, this mark has also been taken, so that the Bitcoin price was quoted at $ 15,220 at the time of going to press. Bitcoin has once again reached a new high for the year. The rapid price increases of the ongoing rally become clear in the flashback: In the last 30 days alone, the Bitcoin price has risen by over 40 percent. Binance said hackers were able to withdraw 7,000 Bitcoin (£30.9m) in one transaction after using 'a variety of techniques, including phishing, viruses and other attacks'
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