The Bitcoin price dropped from $10,000 to $8,100, liquidating $200 million worth of shorts. Here are three factors that triggered the fall. Bitcoin (BTC) price dropped from $10,000 to $8,100 within just over a day, as it plunged by 9% in a single hour. It liquidated $200 million worth of shorts, obliterating the futures market. […]
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An international campaign calling on credit card companies to block payments to porn sites could lead to a huge wave of new cryptocurrency adopters. According to a BBC report on May 8, a group of international campaigners and campaign groups has written to ten major credit card companies calling for the immediate suspension of payments […]
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Bitcoin price is preparing for a powerful mid-term rally and a new BTC price cycle, according to historical market data and previous halving events. Bitcoin (BTC) price may be at the start of an unprecedented mid-term rally after the top-ranked cryptocurrency by market capitalization registered a 150% gain since March. Historical data shows that when […]
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Ripple claims to be the first DLT-focused member of the global ISO 20022 standards body, driving international standards for interoperability between financial institutions. Ripple has become a member of the ISO 20022 standards body, which is driving a new data standard for payments and data messaging between global financial institutions. The company claims to be […]
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The crypto community should depend less on Bitcoin in order to truly mature and become the financial industry of humanity’s future. For the past few months, the blockchain community has been abuzz about the Bitcoin (BTC) halving happening in May. With the backdrop of the ongoing coronavirus pandemic, Bitcoin has been performing extremely well, especially […]
Continue ReadingPerformance since February currently circles 0.6% gains, providing proof that Bitcoin really can preserve wealth in a crisis, says Travis Kling. Bitcoin (BTC) has in fact functioned very well as a store of value before the coronavirus crisis, raw data suggests. In a Twitter discussion on May 1, Travis Kling, head of crypto hedge fund […]
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A choppy trading session sees BTC/USD shave almost $1,000 off its latest gains and major withdrawals come from exchanges. Bitcoin (BTC) bounced off $8,500 on April 30 after fresh volatility saw the largest cryptocurrency shed 8% in hours. Cryptocurrency market daily overview. Source: Coin360 BTC price tests reclaimed support Data from Cointelegraph Markets and CoinMarketCap […]
Continue ReadingFrom stocks and oil to money printing and Bitcoin’s top fundamentals, traders have a lot to consider as the third halving event nears. Bitcoin (BTC) has consolidated gains nearer $8,000 — but does the coming week have in store for the asset leaving stocks in the dust? After jumping 10% in a day last week, […]
Continue ReadingA sudden flashpoint ignites for Bitcoin markets, propelling the cryptocurrency beyond $7,200 to top out closer to $7,800. Bitcoin (BTC) surged above key resistance levels on April 23 as bulls gained control and propelled markets 10% higher. Cryptocurrency market daily overview. Source: Coin360 BTC price jumps $700 in hours Data from Coin360 and Cointelegraph Markets […]
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Starbucks and McDonald’s are among the many retail companies that will allegedly support digital yuan payments in Xiong’an, one of four pilot program locations. Rumors are surfacing of an upcoming real-world test of the proposed Chinese digital yuan currency. According to Chinese publication Interchain Pulse, a promotion conference was held on April 22 in the […]
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