Bitcoin price rallied to $5,9540 as the U.S. Federal Reserve cut interest rates to 0% and unveiled a massive stimulus package involving $700 billion in QE. In the past hour Bitcoin (BTC) price perked up and rallied 14.33% to a daily high at $5,940. The strong upside move allowed the price to break out of […]
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“The fact that an OECD country is recognizing BTC as a ‘fungible’ asset is progress — a wake-up call to banks, institutional investors, regulators that Bitcoin is here to stay.” — Dan Schatt. The Commercial Court of Nanterre’s Feb. 26 ruling that Bitcoin (BTC) is a fungible, intangible asset sent some ripples through the French […]
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A hobbyist miner from 2010 recently discovered a wallet containing 1,000 Bitcoins, apparently managing to sell the coins before the March 13 crypto market massacre. A former Bitcoin miner hobbyist has stumbled on an old wallet containing 1,000 Bitcoins, in addition to many Bitcoin forks. On March 10, a thread was posted to Bitcointalk by […]
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The crypto markets are attempting a relief rally but are struggling to sustain the higher levels. This shows that selling is not over yet. Capitulation occurs when traders are scared. On March 12, most asset classes witnessed a massive selloff with no place to hide. Even gold declined 3.17%, which shows that the traders sold […]
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With the markets in freefall due to a ‘black swan’ event, veteran trader Peter Brandt believes that the price of Bitcoin could fall a further 80%. Bitcoin dipped below $4000 today, for the first time since the depths of crypto winter — and one veteran market analyst believes it could have even further to fall. […]
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Today Bitcoin price dropped more than 50% to a new 2020 low below $5,000, what should traders expect next? After a tumultuous day of trading which saw Bitcoin (BTC) price drop 28.35% from $7,650 to $5,500, the carnage restarted at 11:00 (UTC) when Bitcoin abruptly dropped another 24%. This brought the price to $4,679, a […]
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Bitcoin price collapsed to a 2020 low below $6,000 as US markets sharply sold off as investors are unconvinced that the coronavirus is under control. Equities markets and the crypto market continue to struggle as Europe and the United States enact increasingly drastic measures to ward off the spread of the Coronavirus. Among the general […]
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The crypto markets are currently facing a strong wave of selling leading traders to focus on whether cryptocurrencies will form panic bottoms soon. Governments and citizens across the world are in a state of panic as cases of coronavirus continue to rise. This has rocked global equity markets for the past few days and volatility […]
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Tanglesheep’s shed is a 24-hour live stream that lets viewers instantly convert crypto into sheep pellets to feed a flock of eight adopted sheep. A Czech farm has set up a 24-hour live stream where viewers can instantly convert their crypto change into sheep food. Upon payment, alfalfa pellets are dispensed directly into the flock’s […]
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Global crypto exchange Huobi has announced a new mobile app to trade a wide range of cryptocurrencies. Huobi Group has officially announced the launch of its new mobile application, Huobi Lite. Per a March 10 announcement, the new app will allow anyone to trade major cryptocurrencies on Android and iOS without fees or commissions. Users […]
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