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18yo. Indian Teen Threatens To Blow Up Miami Airport After Losing Bitcoin

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In what seemed like an epic drama, an 18-year old Indian teen has yesterday threatened to blow up the Miami International Airport (MIA) in an attempt to avenge the stolen Bitcoin. The retaliatory move was supposedly a revenge attempt aimed towards FBI’s uncooperative stance to help him track down an American fraudster who duped him of $1,000 worth of Bitcoin on a popular online forum – and a news story that is making headlines on all crypto news sites today.

According to the reports on the local news outlet Hindustan Times, the unnamed 18-year old boy from the Northern state Uttar Pradesh had made several calls to the FBI to lodge a complaint about a Bitcoin deal that went awry. When the teen felt that he was not getting the support he expected, he called up Miami airport and threatened to blow it up.

The news outlet quoted Uttar Pradesh who is the director general of police (DGP) OP Singh and said that there were no plans to arrest or reveal the kid’s identity, claiming that he was “just 18 years and three months old.”

“Not satisfied with the FBI’s response to his predicament, he made “five calls to Miami airport authorities, threatening to attack the airport by barging into it equipped with an AK-47 assault rifle, grenades, and a suicide belt,” the DGP added.

The teenager, however, was charged under the Indian Penal Code and the IT Act which slapped him for impersonating someone else and for issuing threats against the Miami airport, while the IT Act slammed him for making calls over the Internet to foreign authorities.

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Early 2017 Crypto Investors Are Rapidly Starting To Sell Bitcoin

The CEO of a major crypto trading company Michael Moro reaches today’s crypto news for his opinion that early crypto investors that bought bitcoin in 2017 for the price of $1,000 are not starting to sell massively. While speaking to The Block, Moro who provides investors access to block size liquidity in order to buy and sell cryptocurrencies explained that the large investors are now moving their funds for the first time now since bitcoin was just $1,000. He said:
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Altcoin News

Bitcoin Takes A New Beating, Goes Below $4,500 As Market Loses $25 Billion

It seems like the downward trend for Bitcoin is continuing day after day. This Tuesday, the market just wiped out another $25 billion in a new major sell-off that is viral in our crypto news section. Over the past 24 hours, Bitcoin has lost about 14% of its price, while Ethereum lost 14.5%. Bitcoin Cash was the biggest loser again, losing 45% from its value and Stellar (XLM) followed with 10% losses accordingly. As expected, Bitcoin Cash dropped the most because of its hard fork and the quick sell-off that it triggered over the past few days. The newly produced versions of Bitcoin Cash (BCH), Bitcoin Cash SV (BCHSV) and Bitcoin Cash ABC (BCHABC) also suffered losses. While BCHSV fell from $170 to $60 in a three day span, BCHABC fell from around $450 to $270, almost splitting in half. The current market conditions are quite gray - mostly because of the intensity of the drops over the last 24 to 48 hours. A couple of days ago, Bitcoin was trading near $7,000 and today we are noticing a downward trend that may lead the most dominant cryptocurrency even below the $4,000 support line - if this bearish trend continues. A sell pressure on the other altcoins could also intensify in the days to come - pushing BTC, ETH, XRP and BCH to even lower limits by the end of this year.
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Bitcoin News

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In the latest Bitcoin news, we are reporting a new massacre and a massive loss in the price of Bitcoin which today fell below the $5,000 margin. After hitting an all-time high and trading at around $20,000 in December 2017, a year afterwards we see the largest and most dominant cryptocurrency in shock. The BTC/USD index is now at 4886-fiat and the price of Bitcoin has recorded a loss of more than 11% and the price action bled through crucial support levels that had a history of reversing bearish trends. Obviously, the Bitcoin Cash hard fork has set the market on fire and big mining pools jockeyed to decide the fate of the BCH protocol. Currently, mainstream media is also promoting a negative side of Bitcoin. For example, a recent report from Bloomberg predicted that Bitcoin would bottom out at near $1,500, and many analysts also slashed their predictions for the most dominant cryptocurrency. Meanwhile, it seems like the US Dollar is also taking a beating - as it sled down to a two-week low compelled by the negative comments from the Federal Reserve. While a bearish dollar like this could prove bullish for stocks and commodities, its impact on Bitcoin  would definitely be a thing to watch out for in the months to come.
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Bitcoin, Ripple And Ethereum Are Getting Hit (Again) This Monday

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