At long last, incumbent corporations of legacy industries have begun to delve into cryptocurrencies, not just blockchain technologies. While Bitcoin (BTC) has continued to struggle, save for its relatively stellar performance over February, Wall Street darling JP Morgan and Silicon Valley’s Facebook have announced serious intentions to offer their own digital assets. Although the two…
The QuadrigaCX imbroglio took a turn yesterday when Big Four Auditing Firm, Ernst & Young (EY) released its “Third Report of the Monitor” that asserts that they have identified six separate crypto wallets were used to store the exchange’s cryptocurrency. Unfortunately for embattled QuadrigaCX investors, the wallets did not contain any of the nearly $150…
For the umpteenth week in a row, a viable argument can be made that the crypto industry saw a solid seven days. Save for one or two shortcomings, the news cycle remains more positive than not, while the Bitcoin price has continued to bounce around in a tight range. Funny enough, fundamentals have continued to…
Following many months of consistent downturn, Bitcoin has finally been able to form its first green candle on its monthly chart. Despite this, BTC is continuing to trade sideways today, and has continued to struggle to break above $3,900 after experiencing increased levels of volatility last weekend. One analyst is quick to point out that…
An early Bitcoin investor and self-confessed libertarian has built the first “seastead” with his BTC profits. For those who do not know, a seastead is a floating home designed to stay in international waters, thus allowing its inhabitants to live outside of the laws of any nation. According to the first part of a short…
There’s no denying that Bitcoin is at a critical junction in its young ten-year lifecycle as a financial instrument and emerging technology. After becoming a household name in 2017 during the media storm and bull run to an all-time high Bitcoin price of $20,000 per BTC, the leading cryptocurrency erased much of the gains it…
Bitcoin prices in range mode Controversial AB 1489 bill introduces stringent rules for VCs Transactional volumes low but the trend has been positive The question is whether AB 1489, a new Californian bill, will pass as the state follows the New York route. If so, it is likely that prices will dump in response. However,…
Facebook's much-rumoured cryptocurrency appears to be close to fruition, with reports suggesting the technology giant is within a few months of launching its own bitcoin-style currency. A secret team of around 50 Facebook employees are working on the cryptocurrency, according to The New York Times, who cited five anonymous sources close to the project. The social network…
Bitcoin price spiked above the key $3,860 resistance level, but it failed to gain pace against the US Dollar. The price is trading in a range below the $3,860 and $3,900 resistance levels. There is a short-term ascending channel in place with support at $3,800 on the hourly chart of the BTC/USD pair (data feed…
Ever since the mysterious Satoshi Nakamoto released Bitcoin into the wild, the world has been speculating over the first-ever crypto and its long term validity and value. While the current bear trend and over 84% decline in Bitcoin has crushed much of the enthusiasm the market saw during the 2017 parabolic advance and media blitz,…