Popular digital currency industry analysis Twitter account @Rhythmtrader states that almost 3,500 non-crypto companies have had their security breached so far this year. Well over a billion user accounts have been impacted by hackers. Although difficult to verify (RhythmTrader rarely cites where the figures quoted are from), some of the biggest examples have impacted hundreds…
Those who are involved in or invested in Bitcoin, likely know full well the crypto asset’s long-term price potential and its potential to become the single global currency across the internet and beyond. They also know that Bitcoin has out-performed every asset in history, including anything the stock market has to offer, even including the…
After a long wait, the highly anticipated Bakkt physically settled Bitcoin (BTC) futures product is almost a reality, as the company announced today that they are cleared to launch their platform and product in the coming weeks. This news has since spread like wildfire across the crypto industry and even led Bitcoin to spike nearly…
The recent sell-off in the bitcoin market has brought the price down by more than 15 percent in just five days. The downside action has appeared against the backdrop of a dwindling global economy, shaking the beliefs of many who consider bitcoin as a safe-haven asset against gloomy macroeconomic sentiments. The absence of big hedging…
This year’s run-up in the bitcoin price has been attributed to numerous factors: the US-China trade war, bold monetary easing by central banks, a weakening Chinese Renminbi, Facebook’s plans to launch its cryptocurrency, as well as market manipulation via Tether’s USDT stablecoins. But a recession is still not one of those catalysts. The benchmark crypto-asset…
Bitcoin is hoping to become a hot property in Hong Kong. The region’s political crisis has swept over its banking sector, which is now seeing protestors withdrawing large bundles of cash out of ATMs. The move is the latest tactic to reduce People’s Bank of China’s influence on the Hong Kong economy. Protestors have warned…
Bitcoin price started an upside correction after trading as low as $9,483 against the US Dollar. The price is facing a strong resistance near the $10,350 and $10,400 levels. There is a major bearish trend line forming with resistance near $10,290 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price…
After facing a significant amount of downwards pressure, Bitcoin (BTC) capitulated yesterday and fell to lows of roughly $9,500 before bouncing and reclaiming its position above the key $10,000 price level. Now, one prominent analyst who predicted the bull run that was witnessed throughout the first half of 2019 is now claiming that Bitcoin may…
The British Broadcasting Corporation has made crypto assets the subject of one of its English language classes. The decision by the UK’s national television service shows that digital currency is becoming closer than ever to normalisation in society. As you might expect from a lesson aimed at students of the English language, the content does…
Across the crypto market, there’s extreme pain, fear, uncertainty, and doubt. Bitcoin is pulling back from recent highs, and altcoins like Ethereum, Ripple, and others have only bled out and fallen deeper to new lows. And while most crypto investors believe there is more pain to come for the altcoin market, Bitcoin and alts recently…