A historic first for China combines with oil reverting to 1987 levels to produce fresh uncertainty across global markets, while Bitcoin flounders. Bitcoin (BTC) was fighting to keep $7,000 support on April 17 as China saw a historical GDP contraction and oil sank to prices last seen in 1987. Cryptocurrency market daily overview. Source: Coin360 […]
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Swiss Crypto Valley Assoc President said that the Coronavirus pandemic had a major impact on the local crypto ecosystem. The President of the Swiss Crypto Valley Association, or CVA, said that the Coronavirus pandemic had a major impact on the local crypto ecosystem. A recent report claims that the representatives of nearly 80% of crypto […]
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Some attorneys say the Kleiman v. Wright court case may set legal precedents that could impact the future of Bitcoin. Another episode of the Kleiman v. Wright saga concluded Monday with District Court Judge Beth Bloom ordering Craig Wright to turn over the 11,000-plus documents that Wright had declared “privileged.” Riveting the crypto world for […]
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Bitcoin has been stuck in the same range for two weeks. When BTC remains stagnant for a long time, it tends to see significant volatility in the near-term. For 15 days, the Bitcoin price has been stuck in the same range, consolidating at the same support level at $6,700. Although BTC surged to as high […]
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Regulators will need an action plan the next time a macroeconomic crisis hits crypto markets and the pandemic has sparked unexpected and revealing patterns among traders. The COVID-19 pandemic has sparked unexpected and revealing patterns among cryptocurrency traders, according to new research. In their paper entitled “How Crisis affects Crypto: Coronavirus as a Test Case,” […]
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Membership numbers for Telegram crypto groups have dropped significantly since 2018 — but interest on Twitter is up so far this year. Cryptocurrency-related tweet volume and membership figures for Telegram crypto groups have both taken a dive since 2018 — but there are promising signs that social media engagement is starting to turn around. Joshua […]
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Riot Blockchain is relocating a portion of its operations to a facility operated by Coinmint in New York despite it comprising the epicenter of the U.S. COVID-19 pandemic. Bitcoin (BTC) mining firm Riot Blockchain has entered into a deal to relocate a portion of its mining operations to a facility in New York operated by […]
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Bitcoin critics often cite scaling issues, a lack of privacy, and centralized mining as reasons to not invest in Bitcoin, but what if these problems are actually advantages? Bitcoin is often described as gold 2.0; a superior system of storing and transferring value. It has seen a rapid increase in market capitalization since its introduction […]
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After notching a two week low at $6,468, Bitcoin bulls have returned to launch an attack on the $7,200 resistance. Less than 24-hours ago Bitcoin (BTC) price dropped to a two week low at $6,468, inciting calls for a revisit to the sub-$6K zone but the digital asset deftly shook off the bears by reversing […]
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Bitcoin may be highly volatile, but it offers less systemic risk than assets in legacy markets like stocks, says Scott Melker. Crypto trader Scott Melker says that while stocks and Bitcoin (BTC) have appeared to move in tandem since Black Thursday: “They are not correlated assets”. In a Twitter thread for his 84,000 followers, “The […]
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