Investors would selloff Bitcoin as fear took hold, Antonopoulos correctly predicted, as crypto formed an investment on top of existing crashing assets. Bitcoin (BTC) falling as a result of financial turmoil was obvious to one of the space’s leading speakers and educators — he predicted it just two months ago. Speaking on the What Bitcoin […]
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According to Galaxy Digital CEO Mike Novogratz, confidence in Bitcoin has disappeared as global markets are in a freefall As after any major Bitcoin (BTC) crash, analysts are now arguing over what could potentially have been the cause. But this time, the answer is simple, at least according to noted Bitcoin bull and Galaxy Digital […]
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Following Bitcoin’s flash crash, the world-famous whistleblower, Edward Snowden, is considering buying the dip. Following Bitcoin’s (BTC) flash crash, the world-famous whistleblower, Edward Snowden, is considering buying the dip. In a tweet posted on March 13, Snowden — famous for disclosing top-secret documents that revealed the extent of American and British global surveillance operations — […]
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An industry researcher initially gives credence to the idea that BitMEX was negligent in the face of crashing Bitcoin, but then U-turned on the idea. Trading giant BitMEX is at the center of attention after unexpected downtime sparked rumors of foul play as Bitcoin (BTC) fell as low as $3,700. According to a tweet from […]
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Bitcoin price dropped to a new low at $3,637, only to quickly reverse course by rallying to $5,260. Within the last hour Bitcoin price dropped below $4,000 after abruptly plummeting 11.24% to a new yearly low at $3,782. The sharp downside move seems short lived as the price quickly rebounded to $5,260. BTC USDT 1-hour […]
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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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Blockchain analytics firm Glassnode reported that the number of crypto wallets containing one or more bitcoins reached ATH of 795,630. Amid the ongoing crypto market decline, the number of crypto wallets containing one Bitcoin (BTC) or more continues to rise. According to major blockchain analytics firm, Glassnode, the number of Bitcoin addresses holding one or […]
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The 2017 ASICBoost controversy, which accused Bitmain of unfair mining practices, has resolved itself. Bitcoin (BTC) miners openly using AsicBoost are now comprising 63% of its network hashrate. This vindicates community concerns from 2017 that accused Bitmain of using the “covert” version of AsicBoost. The statistic was highlighted on March 9 by Bitmex Research, building […]
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The ECB announced plans for a $135 billion cash injection, which is $25 billion more than Bitcoin’s current market cap. After similar efforts from the U.S. Federal Reserve on March 10, the European Central Bank, or ECB, announced a $135 billion stimulus — a number that dwarfs Bitcoin’s (BTC) entire market cap. The ECB, in […]
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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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