The crypto community continues to help fight the coronavirus, with Binance Charity donating new batches of medical supplies to medical institutions. The crypto community continues to help fight the coronavirus outbreak, with Binance Charity donating new batches of medical supplies to hospitals and disease control command centers. On March 9, Binance Charity announced the completion […]
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Recent studies have shown the Lightning Network is struggling, but are these teething problems or longer-term issues? For a currency to be considered useful as money, it has to serve three fundamental purposes. It should function as a medium of exchange, as a store of value and as a unit of account. The fact that […]
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Bitcoin price has plunged along with traditional markets while gold is weathering the coronavirus panic better than most assets. A bloody Monday for the equity and oil markets, as Europe stock markets are dropping by 8%, while oil has seen a drop of 30%. But it’s not only equity markets as the crypto market is […]
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U.S. Congressman introduces Crypto-Currency Act of 2020, hoping to finally lay down the law as to which regulators handle which digital assets. A United States congressman is the latest working to clarify determine which U.S. regulator is responsible for which digital assets. On March 9, Representative Paul Gosar (R-AZ) introduced the “Crypto-Currency Act of 2020,” […]
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The weekend’s price bloodbath was a non-event, says analyst PlanB, as Bitcoin’s technical metrics remain at all-time highs. Bitcoin (BTC) did not “crash” this weekend and is in fact performing exactly as expected, says the creator of the renowned stock-to-flow price indicator. In a tweet on March 8, the analyst PlanB said that even though […]
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What would you choose: the good old-fashioned venture capital investment, or the brand new technology that is yet to prove its right for existence? In a world where blockchain technology is rapidly breaking barriers and disrupting industries one at a time, the emergence of new models to replace classical crowdfunding ventures is just a matter […]
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Major U.K. and Ireland-based auction house Wilsons Auctions is putting $125,000 worth of Bitcoin under the hammer later this month. Major United Kingdom and Ireland-based auction house Wilsons Auctions is putting $125,000 worth of Bitcoin (BTC) under the hammer later this month. In an announcement on March 6, Wilsons revealed the auction will be hosted […]
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As Bitcoin seriously underperforms over the weekend, concerns are rising that progress is being hampered by the PlusToken scammers. Bitcoin (BTC) began its sudden crash due to another giant sell-off from the PlusToken pyramid scheme, analysts are suggesting as BTC/USD lost $8,000 support. According to various online commentators citing Blockchain data, participants in the $2.9 […]
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Bitcoin price has dropped below the $8,000 mark as Coronavirus woes and geopolitics are taking their toll on the global economy, stocks and oil prices. Bitcoin (BTC) closed the week at $8,024, a shocking 9.92% loss and a new weekly low not seen since January 13 when the asset traded for $7,946. The abrupt correction […]
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Some bitcoin investors and crypto analysts are predicting that Bitcoin will bounce back and rocket to a close above $14,000. This comes amid an emerging inverse head and shoulder pattern. According to Investopedia, a head and shoulders pattern is a reliable indicator in predicting a reversal from bearish to bullish. Crypto traders are therefore suggesting […]
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