Bitcoin (BTC) has been trading within a tight trading range around $8,000 for the past week and has failed to incur any significant momentum in either direction that illuminates its near-term trend. One prominent Gold bull and an outspoken Bitcoin critical is now noting that multiple technical formations point to the possibility that the cryptocurrency…
Overview Pessimistic sentiment has been looming the cryptocurrency markets as we passed the halfway mark of October. Bitcoin has been trading below the 8000 levels again and approaching the month-low levels near 7760. Although the picture may not be so bright now, however, there were some market signs perhaps could clam traders’ nerves down. Bitcoin…
As you likely well know, Bitcoin (BTC) hasn’t been doing too hot as of late, losing 45% of its year-to-date high of $14,000. Despite this unfortunate downturn, which came after many were calling for Bitcoin to “moon,” many remained committed to the cryptocurrency vision. Fidelity Expands Bitcoin Operations Revealed in a report published by the…
It isn’t a secret that Bitcoin (BTC) hasn’t been doing too well as of late. While the cryptocurrency is up 100% on the year, it is down some 45% from the year-to-date high of $14,000. Related Reading: Bitcoin Now the World’s Eleventh Largest Money Supply This dramatic drawdown from $14,000 to as low as $7,700 has…
Mere hours ago (as of the time of publishing this), the 18 millionth Bitcoin (BTC) was mined. As revealed by Statoshi.Info, a recent block brought the 18th million coin into existence, leaving three million BTC remaining out of the hard-capped 21 million coin supply. While this milestone may seem irrelevant to those not involved in…
Today, Circle, a US-based finance firm, has revealed that it is “spinning out” crypto trading platform Poloniex into its own independent company, in “an effort to create a competitive internationally-focused cryptocurrency exchange.” Circle first acquired the crypto exchange back in February 2018, around peak interest in the crypto market. Does the company switching gears signal…
Footage posted by a Swiss crypto startup earlier today shows a tram emblazoned with the word “Bitcoin” and the firm’s branding travelling through the Zurich streets. The company behind the marketing campaign offers a range of crypto financial services including custody, trading, and lending. Such large scale public marketing efforts have been conducted previously by…
After a short period of upwards momentum earlier this week that appeared to be bull’s attempt to bolster Bitcoin’s price action, bears have once again gained the upper hand and have now pushed BTC’s price decisively below $8,000. One prominent technical analyst is now noting that he believes this latest movement downwards points to the…
Researchers have identified malware associated with an unofficial version of the Tor Browser. Evidence suggests that the covert software has been tricking users into sending Bitcoin to addresses under the control of scammers. The Tor Browser is the most popular method used to access the dark web. Many visitors to the dark web often use…
Each and every day, miners unlock more and more Bitcoin – as much as 1,800 BTC per day – into the circulating supply of the cryptocurrency. Today marks a major milestone for the cryptocurrency, as the 18 millionth Bitcoin is mined, leaving only 3 million BTC remaining out of the hard-capped 21 million BTC supply.…