Chainlink leads the crypto market with a 149% rally since Bitcoin price crashed on March 13. This week Chainlink (LINK) is on an absolute tear, gaining 47% over the past four days on strong purchasing volume. The price had dropped by a massive 63.50% from March 11 to March 12 and bottomed at $1.35 on […]
Continue ReadingSince Black Thursday, Bitcoin’s correlation with other cryptocurrencies has reached unprecedented heights, while turning negative with gold. Black Thursday has triggered two new trends in Bitcoin’s relationship with other cryptocurrencies and gold. Historically, cryptocurrencies have been highly correlated with one another, especially the top ones. The correlation between cryptocurrencies and gold has been traditionally weak. […]
Continue ReadingGalaxy Digital’s net losses saw some improvement in Q4 2019, down from around $68 million in Q3 to about $33 million. Galaxy Digital, a major cryptocurrency investment bank founded by ex-Goldman Sachs partner, Mike Novogratz, continued its 2018 trend by posting another net loss in Q4 of 2019. According to an official April 8 announcement, […]
Continue ReadingFacebook and Instagram file suit against user for cloaking ads for COVID-19 disinformation and crypto scams. Facebook and Instagram filed suit against a user who, they allege, operated a cloaking service that allowed ads for a range of scams to slip through the advertisement reviews for both platforms. Facebook’s accusations and request for relief In […]
Continue ReadingThe first Bitcoin Cash halving sees miner exodus, declining profitability and no significant upward price action. The quadrennial block reward halving for Bitcoin Cash (BCH) has come and gone, with miner rewards dropping from 12.5 BCH to 6.25 BCH. The event marked a pivotal moment for the fifth-ranked cryptocurrency by market capitalization, as it was […]
Continue ReadingBitcoin looks to be exploring its own price path, AAX crypto exchange CEO Thor Chan explained. Bitcoin’s price initially dumped alongside the mainstream markets, but now looks to be exploring its own route. “When the stock markets crashed, Bitcoin crashed,” AAX crypto exchange CEO Thor Chan told Cointelegraph. “It appeared that they were correlated,” he […]
Continue ReadingA registered non-profit saw its Mailchimp account banned for alleged terms of service violations crafted during the initial coin offering boom. Youtube and Mailchimp appear to be continuing their policy of indiscriminate bans in the crypto sphere. The Blockchain Education Network, or BEN, a registered 501(c)(3) non-profit organization, saw its Mailchimp account temporarily restricted due […]
Continue ReadingCharlie Burton and Clement Ip discuss why you should be wary of a move above $8K. Bitcoin has been holding above $7K, but where will its next move take it? Many investors are eyeing $8K as a key level for continuing Bitcoin’s upward momentum and possibly pushing it into a bull market. However, a couple […]
Continue ReadingThe current $7,000+ price performance is getting a highly suspicious reception from traders, as markets see yet more bailouts. Bitcoin (BTC) braved less volatile but choppy trading on April 9 as the United States Federal Reserve flooded markets with trillions in dollars. Cryptocurrency market daily overview. Source: Coin360 Fed rolls out trillions in loans Data […]
Continue ReadingDespite the high level of privacy, Venezuela’s national crypto could not help avoid international sanctions nor even cover the illicit activities of the country’s leaders. At the end of February, the United States Immigration and Customs Enforcement revealed its Cryptocurrency Intelligence Program, which targets peer-to-peer and darknet markets for the illicit use of cryptocurrencies. Then, […]
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