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The cryptocurrency markets went into freefall as Bitcoin dropped from $13,063 to $11,497, an 11.6 percent drop over the course of 19 hours. The altcoin market saw even greater damage, with the average altcoin losing 12.8 percent. Falling prices do not appear to be attributed to any major news. The market is seeing double-digit losses across […]

The cryptocurrency markets peaked in 2018 at a total capitalization of $835 billion. If an investor purchased $1,000 in crypto at the market’s top how much would their investment be worth at today’s prices? During 2017, the crypto markets came to a head as the confluence between rising prices, media attention, feverish initial coin offerings, […]

With less than 313 days to go until the next Bitcoin halving, traders and investors are expecting a “supply shock” as the network’s supply of coins reduces in half. Next May’s halving will not only cut the inflation rate down to 1.8 percent but also skyrocket the global demand for Bitcoin. Traders anticipating next year’s […]

Court transcripts from Craig Wright’s Jun. 28 Florida hearing showed that not only did he fail to comply with court orders to disclose his Bitcoin addresses, but he did so “willfully.” While there is another hearing scheduled later this summer, there’s more than enough evidence to hold Wright in contempt of court. Craig Wright’s contempt […]

Coinbase, one of the largest cryptocurrency exchanges in the U.S., is reportedly exploring plans to set up its own insurance company. Sources close to the matter revealed that the company was seeking the help of Aon, a London-based insurance broker giant, to fight the lack of insurance options available to crypto exchanges. Exchange giant Coinbase […]

BitMarket, one of the largest cryptocurrency exchanges in Poland, shut down citing liquidity loss. More information about “further steps” the exchange will take will be available ‘soon,’  according to the company’s official blog post. Second-largest exchange in Poland closes down In an unexpected move that surprised most of its users, Polish cryptocurrency exchange BitMarket shut […]

The value of the Bitcoin network is at all-time highs based on the average price holders paid for their coins. The metric used, realized market capitalization, is also a surprisingly effective indicator for predicting BTC market tops and bottoms. Issues with market capitalization Market capitalization gives a skewed value for the Bitcoin network. Borrowed from […]

In Samsung’s latest move into crypto, the electronics juggernaut made the beta version of its blockchain SDK for the Ethereum blockchain available to partner developers. The kit provides additional tools for dApp and blockchain mobile development on the latest Galaxy smartphones. Samsung announced the beta version of its blockchain software development kit (SDK) is available […]

A photograph showing two men walking next to a Deutsche Bank sign-carrying tote bags with “Bitcoins” written on them went viral on social media, leading many to believe they were one of the thousands that were laid off in the bank’s recent staff cuts. However, it turned out that a connection with Deutsche Bank was […]

Recently released court filings from the New York Attorney General’s Office (NYAG) showed that Bitfinex and Tether both operated in New York from 2017 to early 2019, despite claiming they had ceased all operations in the state. As such, the NYAG likely has jurisdiction over iFinex allowing proceedings to continue. Latest court filings accuse iFinex […]