The crypto space is deep in the red. Is this a bear trap or the start of a new downtrend? Let’s analyze the charts. Bitcoin’s (BTC) plunged today, dragging the whole crypto space along with it. The total crypto market capitalization has broken below the $209 billion mark from where it had bounced on two […]
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Why did is Bitcoin dropping? Let’s take a look at a few possible causes of today’s sudden plunge and look at the charts to evaluate the next possible move. The moment many traders have anxiously anticipated arrived this morning as Bitcoin price (BTC) plunged below $7,800 and eventually settled near $7,400. It’s possible that the […]
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The Association of National Numbering Agencies will assess the adoption of numbering standards for digital assets. A global association of national numbering agencies has set up a new task force to assess the adoption of name standards for digital assets. All types of tokens to be considered The Association of National Numbering Agencies (ANNA) will […]
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As more diverse interests engage with lawmakers and regulators, the blockchain industry no longer has a unified voice. Over the past few months, Libra, Facebook’s prospective global digital currency, has stolen much of the spotlight across many areas of the cryptosphere. The field of blockchain lobbying was no exception: From Mark Zuckerberg smooth-talking powerful officials […]
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The volume Bitcoin futures on digital asset platform Bakkt has hit a new all-time high, with over 450 Bitcoin futures contracts traded today. Bitcoin (BTC) futures volumes on digital asset platform Bakkt have hit a new all-time high, with 452 BTC futures contracts traded at press time. Per historical data from Intercontinental Exchange (ICE) — […]
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Google’s quantum computer could purportedly help improve the random selection process of proof-of-stake cryptocurrencies. The application of Google’s quantum computing technology could purportedly help improve the technology which underpins proof-of-stake (PoS) cryptocurrencies. Quantum computing would create truly random numbers PoS is a type of consensus algorithm where block creators are randomly chosen with probability proportional […]
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Analysts’ predictions of the level forming a likely price floor came true on Wednesday as Bitcoin markets shed $500 in a matter of minutes. Bitcoin (BTC) crashed $500 in minutes on Oct. 23 after a sudden jolt sent markets tumbling to fresh lows. Cryptocurrency market daily overview. Source: Coin360 Bitcoin firmly ditches $8K range Data […]
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A wobble for markets saw BTC/USD reenter the $7,000 range on Thursday after failing to cement support higher. Bitcoin (BTC) regained $8,000 on Oct. 23 after a fresh bearish move canceled out progress towards the top of its trading range. Cryptocurrency market daily overview. Source: Coin360 Bitcoin rejected at $8.3K Data from Coin360 showed another […]
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The U.S. Securities and Exchange Commission published the new application for a Bitcoin ETF recently submitted by asset manager Kryptoin Investment Advisors Delaware-based asset manager Kryptoin Investment Advisors applied with the United States Securities and Exchange Commission (SEC) to launch a Bitcoin (BTC) Exchange Traded Fund (ETF) on Oct. 15. A Bitcoin ETF on the […]
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U.S. Congressman Patrick McHenry, who represents North Carolina’s 10th District, says he wants regulators’ default reaction to crypto innovation to be “yes.” U.S. Congressman Patrick McHenry, who represents North Carolina’s 10th District, says he wants regulators’ default reaction to crypto innovation to be “yes.” The Congressman — who goes by the moniker of “Mr. Fintech” […]
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