2 days ago · 3 min read
The Bitcoin price just dropped by more than four percent within one hour—from $9,224 to $8,851—after 52 hours of ranging with low volatility and volume.
There are currently thousands of cryptocurrencies all vying for adoption on multiple different fronts, with many being viewed as scams and fundraising schemes, while others cryptos with legitimate use cases struggle to garner any significant support.
Chinese scam PlusToken is moving $117m in Bitcoin: research firm
The PlusToken scam has deposited around 13,000 BTC to a mixer in the past 24 hours, reports blockchain research firm Ergo.
A recent report indicates that a new “altseason” could be underway
The research arm of Binance, the world’s largest crypto exchange by trading volume, published a report suggesting that a new “altseason” may be coming soon.
This occurrence on Bitcoin’s futures chart shows fresh 2020 highs might be in sight
Following the period of sideways trading that Bitcoin (BTC) was subjected to earlier this week, it now appears that the benchmark cryptocurrency is once again entering another consolidation phase as it stabilizes within the lower-$9,000 region.
Burgers, beers and Bitcoin: This crypto-friendly cafe in Spain has it all
If you thought your local Starbucks or WeWork were great places for connecting with friends and colleagues, imagine being surrounded by truly like-minded people united by a common passion.
World-famous artist Akon partners with BitMinutes to push forward the utility of Akoin
The Grammy-award winning artist and producer Akon is making significant strides to push forward the utility of his cryptocurrency project by securing a strategic partnership that aims to bring financial inclusion to the masses, starting with Africa.
Why Hashgraph (HBAR) just surged 40% despite market stagnance
Hedera Hashgraph (HBAR), a cryptocurrency that increased by more than 350 percent after Google became a member of its Governing Council, rallied by 40 percent on the day.
Funds on CME Bitcoin futures market have turned aggressively bearish, data shows
Large speculators on the CME Bitcoin futures market appeared to be positioned overwhelmingly short weeks in advance of Bitcoin’s supposed coronavirus panic-selling correction. Data from the CTFC Commitment of Traders report reveals that, in late January, leveraged funds began to turn aggressively bearish on the CME cash-settled Bitcoin futures market.
Following an extended bout of sideways trading, Bitcoin and the aggregated cryptocurrency market has been able to post some decent upwards momentum, with BTC climbing above its previous key resistance level at $9,000.
Mati Greenspan joins crypto analytics company LunarCRUSH as an advisor
Mati Greenspan, the founder of Quantum Economics, will be joining crypto analytics company LunarCRUSH as an advisor.
Analyst: Bitcoin is printing the same pattern that marked December’s $6,400 bottom
Over the past two weeks, global markets have been in chaos; along with Bitcoin plunging below $9,000 to a low of $8,400, equities, namely United States stocks, have fallen off a cliff.
This major crypto is going parabolic as analysts eye a movement to fresh highs
Tezos (XTZ) has been one of the most bullish cryptocurrencies throughout late-2019 and 2020, with the crypto finding itself caught within an intense uptrend that has only been rivaled by that of Chainlink.
This fintech firm is launching a crypto debit card for users in 178 countries
Crypterium, a crypto fintech firm led by Visa’s former General Manager for Central Europe, claims to have rolled out the most widely available prepaid crypto debit card, allowing users in 178 different countries to spend Bitcoin, Ethereum, and Litecoin in-store and online.
Ethereum has seen tremendous growth since its initial launch in 2015, with the blockchain being one of the few besides Bitcoin to incur tremendous utilization while also expressing an ability to scale and adapt as the ever-changing blockchain industry continues to develop.
The cryptocurrency market has been firmly range-bound for the past couple of days, which has been rooted in Bitcoin’s inability to garner any direction in the time following its recent break below $9,000.
CME’s Bitcoin volume “collapsed” the past week, making crypto recession a possibility
Since late February, the volume of CME Bitcoin futures market has declined substantially as the global financial market started to see extreme volatility due to rising fear towards the coronavirus outbreak.
Why India’s unban of crypto isn’t triggering a Bitcoin rally like 2019’s “Xi Pump”
India’s Supreme Court released the long-awaited ruling on the crypto ban imposed by the Reserve Bank of India (RBI) in favor of the cryptocurrency industry.
Ripple’s CEO is up in arms over Bitcoin and Ethereum: here’s why
One key aspect that makes Bitcoin different from fiat currencies is that it is mined; those that want to mint BTC must put computational power to work and spend electricity to do so, which comes in stark contrast to fiat money, which can be infinitely printed and without much “work.” Although many say this is […]
Quant crypto fund: Bitcoin is just as “susceptible to market panic” as other assets
Quantitative crypto fund Strix Leviathan says the narrative of Bitcoin as a hedge against economic uncertainty could be false—considering last week’s nearly unprecedented stock market sell-off, where the S&P 500 suffered its sharpest correction since the 2008 financial crisis and BTC shed nearly 15 percent in USD terms.
Top Steemit employee resigns following TRON acquisition; is this the beginning of the end?
Steem has been having a rough past few weeks, with many of its problems seeming to arise in the time following the Justin Sun-led TRON’s acquisition of Steemit in mid-February.
This crypto is pumping after getting a major tech celebrity endorsement
Elon Musk has long been teasing Twitter with cryptic messages aimed at crypto investors, with the Tesla founder offering multiple contradictory statements that have made it incredibly unclear as to whether or not he is a fan of Bitcoin and other cryptocurrencies.
After Tether, USDC dominates stablecoins with a $452 million market cap
USDC, a stablecoin developed by the Circle, is the second-largest USD-backed stablecoin on the market according to data from Skew.