Job cuts have become a reality in the crypto industry – but they pale in comparison to the biggest corporate layoffs in history. Since Bitcoin hit its all-time high of $20,000, the dominant cryptocurrency has seen more than an 80 percent decline in value from that historic milestone over the past 12 months. The popularity […]
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One year ago today, Bitcoin hit $20,000. As a sharp rally from current levels seems unlikely investors should have a long-term horizon and not expect overnight riches. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, […]
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The CEO of Mt. Gox is facing ten-years in Japan for embezzlement charges, and ASIC mining rigs are struggling to make a profit. Top Stories This Week CEO of Defunct Mt. Gox Exchanges Faces Ten Year Jail Sentence Over Embezzlement Mark Karpeles, the former CEO of now-defunct Japanese Bitcoin exchange Mt. Gox, could be facing […]
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A year after reaching all time highs, some of the top performers are testing year-to-date lows. In December 2017, the market participants were eagerly waiting for the total crypto market capitalization to touch $1 trillion. Fast forward to December 2018, and the total market capitalization is struggling to hold on to the $100 billion mark. […]
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While total market cap threatens to break below $100 billion, new research shows that the amount of crypto users doubled by Q3 2018. Does this signal a recovery in the future? The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and […]
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The cryptocurrency bear market continues in earnest as Bitcoin Cash investors in particular see holdings evaporate. Friday, Dec. 14 — Bitcoin Cash (BCH) led fresh losses across cryptocurrency markets as investors in the top twenty assets by market cap shouldered new lows. Market visualization from Coin360 Data from Cointelegraph’s own price index, Coin360 and Coinmarketcap […]
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The recent slump in markets has provided traders with a good buying opportunity, but a recovery may not come in the form of a dramatic vertical rally. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, […]
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Amid the cryptocurrency market crash, even the newest ASIC crypto mining rigs are struggling to seal profits for their operators. Amid the cryptocurrency market crash, even the newest crypto mining machines are struggling to seal profits for their operators, according to real-time data published by mining profitability data site ASICMinerValue.com (AMV) today, Dec. 11. AMV […]
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There have been rises of 1,950 percent in a year, and falls of 50 percent in a day. Here’s a look at the turbulent history of cryptocurrency. November 2018 What is it about Novembers? Over the course of 2018, Bitcoin has had an annus horribilis — with prices tumbling by more than 83 percent when […]
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The sentiment is most bearish at the bottom of a trend in a bear market, but when the downtrend enters a capitulation, it may signal a bottom. In a bear market, the sentiment is most bearish right at the bottom of the trend. The entire heard says to sell. Short sellers laugh away to the […]
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