The crypto markets have turned down sharply over the weekend and are threatening to wipe out all the gains made in 2020. Crude oil prices plunged about 30% on Monday to the lowest levels seen since Feb. 2016. This triggered a sell-off in global equity markets, which were already reeling under the pressure of a […]
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The Investigative Committee of the Republic of Belarus plans a legal initiative that would allow the authority to confiscate crypto from criminals. Amid countries increasingly auctioning Bitcoin (BTC) seized in law enforcement actions, some jurisdictions are fighting for authorization to confiscate crypto. A state authority in Belarus wants lawmakers to authorize them to seize cryptocurrencies […]
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Bittrex Global has announced the roll-out of support for credit card purchases, conditional orders on its mobile app, and a referral program. Bittrex global has announced the introduction of new features on its platform, including credit card support, a referral program, and upgrades to its mobile app. Credit card support will see an initial roll-out […]
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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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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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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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