A change in behavior on crypto markets became apparent Thursday, to the relief of altcoin traders. Bitcoin (BTC) was challenging the $10,000 barrier again on July 18 after a modest uptick broke up several days of losses. Market visualization. Source: Coin360 A sea of green for Bitcoin and altcoins Data from Coin360 showed BTC/USD hovering […]
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Venezuela is leading the crypto peer-to-peer BTC trade market, despite government efforts to drive adoption of its oil-backed cryptocurrency, Petro. For the entirety of cryptocurrency’s short history, Venezuela has been seen to be among the most striking example of the need for the utility. The South American country has hosted escalating political tension for years, […]
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The billionaire investor appeared to stand up for internet freedom in India, but his comments gained little appreciation. Bitcoin (BTC) proponent and Tezos investor Tim Draper hit out at the Indian government on Twitter July 16 after alleged evidence appeared it was preparing to ban cryptocurrency. Draper Appears To Mistake Draft Law For Genuine Ban […]
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The combined cryptocurrency market cap should shed 80% of its recent gains, Peter Brandt warns. Bitcoin Price Clings to $9,500 Support Bitcoin (BTC) continued to trade down on July 17 after a further 10% fall sent the price of the largest cryptocurrency back below $10,000. Market visualization courtesy of Coin360 Data from Coin360 showed a […]
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Algorithms that can decode social media market sentiment are making waves in the institutional crypto landscape. Algorithms that can decode market sentiment are making waves in the institutional crypto landscape, a July 17 report from Reuters claims. An Arms Race for Algorithms With the resounding return of Bitcoin’s (BTC) volatility amid an ever-hotter crypto market, […]
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IBM has tripled the number of blockchain-related patents it holds in the U.S. this year, dwarfing other US blockchain bulls. Tech giant IBM has tripled the number of blockchain patents secured in the United States since last year, currently boasting over 100 active patent families. That makes IBM’s growth in US patents the largest of […]
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The price of bitcoin has dropped below $10,000 in a sharp pullback. Analysts discuss where the market is headling and the factors of the drop. Since July 10, the price of Bitcoin (BTC) has fallen from $13,200 to $9,684, with major cryptocurrency exchanges including Coinbase, recording a 26.6 percent drop within a period of seven […]
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Markets could slide lower than the recent $9,912 bottom, traders are warned, despite current upwards momentum. Bitcoin (BTC) appeared ready to tackle $11,000 once again on July 16 after bouncing off lows as the United States government re enforced its position on the industry. Market visualization courtesy of Coin360 Data from Coin360 placed BTC/USD at […]
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The Treasury Secretary’s repetition of Donald Trump’s comments Bitcoin is “based on thin air” failed to dent optimism. Bitcoin (BTC) proponents were reacting to fresh criticism of cryptocurrency from the United States government July 16, following a press conference with Treasury Secretary, Steven Mnuchin. Mnuchin, who held the 30-minute event on Monday, said he wished […]
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The United States Treasury Secretary echoed President Trumps’ recent tweets on crypto as a speculative asset largely used to fuel illegal activity. United States Treasury Secretary Steven Mnuchin shares President Donald Trump’s concerns on the use of cryptocurrency to finance illicit activity, and stresses the role of enforcing FinCEN regulations with respect to crypto-dealing organizations. […]
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