Traders are keeping their eyes on one key indicator, which remains support after Bitcoin price loses 50% in just one week. The price of Bitcoin (BTC) has seen a destructive week, as the price crashed 52% on one single day this week. One of the most massive crashes witnessed since the existence of Bitcoin. Not […]
Continue Reading
Anthony Pompliano has argued that Bitcoin and gold will recover once the immediate liquidity crisis gripping the global markets has subsided. On March 14, Tyler Winklevoss, the co-founder and CEO of Gemini and prominent early Bitcoin investor, took to Twitter to defend Bitcoin despite the recent market crash. In the tweet, Tyler emphasizes that Bitcoin […]
Continue Reading
As Bitcoin plunges close to its lowest levels since 2018, many are convinced that BTC is heavily interlinked with traditional markets. Since coming to power back in 2016, President Trump seemed to have reinvigorated the United States stock market after it showed signs of slowing down throughout the first half of the previous decade. Just […]
Continue Reading
Major crypto and blockchain-focused event, Consensus, will not be hosting a conference in New York in 2020. Consensus, a major global cryptocurrency and blockchain-focused event, is another industry conference that had to change its plans due to intensifying coronavirus fears. In line with the increasing number of industry events being delayed or canceled in response […]
Continue Reading
Bitcoin’s price had its worst drop in seven years, after $1 billion in longs were liquidated. Top traders discuss the causes. The Bitcoin (BTC) price dropped to $3,600 overnight, marking Bitcoin’s biggest daily drop in the last seven years. Over $1 billion worth of longs was liquidated on March 12, causing one of the most […]
Continue Reading
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 […]
Continue Reading
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 […]
Continue Reading
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 […]
Continue Reading
Bitcoin stock traders panic as the U.S. president suspends flights to Europe, hinting at wide-ranging disruption continuing over coronavirus. Bitcoin (BTC) fell to around its lowest levels this year on March 12 as another wave of coronavirus panic gripped both cryptocurrency and traditional markets. Cryptocurrency market daily overview. Source: Coin360 BTC price sheds another 7% […]
Continue Reading
The World Health Organization has declared coronavirus a pandemic, but the crypto space may be a haven during the storm. The World Health Organization, or WHO, just officially classified coronavirus as a pandemic. At present, it is unclear whether Blockchain markets will be negatively impacted by this news, or provide safety from the storm. Officially […]
Continue Reading