Wybo Wiersma – a 40-year-old Oxford University graduate – has been sentenced to four and a half years in prison after scamming over $2 million in crypto from unsuspecting victims. Following his arrest in 2019, the Dutchman was extradited from the Netherlands back to the United Kingdom (UK) in 2021. Following a five-year investigation by the South East Regional Organised Crime Unit (SEROCU), he pled guilty on January 26 to the Oxford Crown Court. A Five-Year Investigation As reported by…
Bearish Market
What Are Crypto Bullish and Bearish Markets?
A bullish market in the context of cryptocurrency refers to a market where prices rise and investors are optimistic about future price increases. On the other hand, a bearish market is one where prices are falling, and investors are pessimistic about future price decreases. For example, in late 2021, the price of Bitcoin reached an all-time high of over $65,000. This was considered a bullish market for Bitcoin. However, the price of Bitcoin dropped significantly in 2022, which would be…
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