Crypto trader Michael Moro said that the Bitcoin price could bottom at $3,000, while also noting that long-term investors are more poised to handle BTC’s slump. Michael Moro, the CEO of cryptocurrency trading companies Genesis Trading and Genesis Capital Trading, said that the Bitcoin (BTC) price could bottom at $3,000 in an interview with CNBC […]
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Bitcoin dropped to as low as $4,195 earlier today, Bitcoin Cash is down almost 50 percent over the past 7 days. Friday, Nov. 23: Crypto markets are facing another significant decline today, with Bitcoin (BTC) seeing another yearly low, and Bitcoin Cash (BCH) dropping almost 50 percent over the past 7 days, according to data […]
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Nobuaki Kobayashi, trustee of the now-defunct Bitcoin exchange Mt. Gox, is making efforts to extend the deadline for filing civil rehabilitation claims. Nobuaki Kobayashi, trustee of the now-defunct Bitcoin (BTC) exchange Mt.Gox, is making efforts to extend the deadline for filing civil rehabilitation claims, according to an official announcement Nov. 22. While the official deadline […]
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The CEO of analytics and risk management company Blockchain Intelligence Group says opportunistic investors have not taken away from Bitcoin’s future viability. The 2018 cryptocurrency price decline is a result of investors’ “lack of education,” the CEO of Canadian firm Blockchain Intelligence Group (BIG) said in an interview published in German economics news outlet Finanzen.de […]
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Coinbase has lost a key member of its senior executive team, Bloomberg reports. The head of policy at Coinbase has left the U.S.’ largest exchange and wallet provider to work at investment giant Andreessen Horowitz, Bloomberg quotes a statement as confirming Nov. 22. Mike Lempres, who worked only briefly in the role after swapping over […]
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Chinese crypto miners are reportedly selling their mining equipment “by kilo,” as they have reached the “shutdown price” amidst the recent market crash. Cryptocurrency mining operations in China are reportedly selling mining machines by weight, as opposed to price per unit. This selloff was reported by local Chinese crypto outlet 8BTC Wednesday, Nov. 21, with […]
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Industry experts weigh in on the leading factors behind a massive slump in the cryptocurrency markets. Over the last 10 days the cryptocurrency markets have endured a massive sell-off across the board. There are a number of reasons that have led to the highly bearish sentiments on the market but seeing red has been difficult […]
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After a period of tumult, the crypto markets are today somewhat calmer, with most of the top ten cryptos seeing only mild losses. Thursday, Nov. 22: after a period of tumult, the crypto markets are today somewhat calmer, with most of the top ten cryptocurrencies seeing only mild losses capped beneath a 3 percent range. […]
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The fallout from Coinbase’s December 2017 Bitcoin Cash release continues with a fresh lawsuit suing for damages. Users who filed a class action lawsuit against U.S. cryptocurrency exchange and wallet provider Coinbase will now go to court Jan. 31, 2019, new court documents filed Nov. 20 confirm. The lawsuit, which Jeffery Berk filed earlier this […]
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Bitcoin Cash SV’s recent blockchain reorganization has led to well-known industry figures labelling it as centralized. Controversy over Bitcoin Cash’s (BCH) hard fork continued Nov. 19 after Bitcoin Cash SV (BCHSV), one of the two new forks of the altcoin, suffered what is known as a blockchain reorganization. The latest setback to affect the nascent […]
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