Crypto markets plunging perilously low; Bitcoin Cash and EOS collapsing, Bitcoin SV climbing the chart. The slow selloff that has been happening all week has accelerated today as crypto markets crash to their lowest levels of 2018. Over 12% has been dumped resulting in a $15 billion plunge to below $110 billion market capitalization, a…
The National Police Agency (NPA) of Japan has estimated that there were around 6,000 cases of suspected money laundering relating to crypto in the nation in the first three quarters of 2018. This figure is more than eight times that of the final nine months of the previous year. Japan’s Crypto Exchange Required to Report…
The current state of the cryptocurrency markets is leading investors to place a significant amount of their hope into future products and events, including the potential approval of the VanEck/SolidX Bitcoin ETF that is currently awaiting the U.S. Securities and Exchange Commission’s (SEC’s) approval. Despite this, one SEC commissioner who is notably bullish on cryptocurrencies,…
Bitcoin has long been at the forefront of the crypto market, dominating this 10-year old industry with an iron fist and no holds barred. While it maintained its unquestioned hegemony over the cryptosphere for nearly a decade, as 2017 began, it became clear that something was amok. More specifically, in an industry first, altcoins began…
After MarketWatch got lambasted for publishing a questionable op-ed regarding a Bitcoin mining “death spiral,” the financial media continued their bearish cryptocurrency coverage on Wednesday. More specifically, Bloomberg News, which covers the crypto industry round the clock, recently had its in-house analysts tout a $1,500 per BTC prediction — far below what many traders deem…
After being unable to stabilize above the important psychological price level of $4,000, Bitcoin has continued to sell-off and is now approaching its 2018 lows. Bitcoin’s latest leg down has led to a widespread market drop that has seen many altcoins drop 3% or more over a 24-hour trading period. At the time of writing,…
Binance, the biggest crypto exchange by volume, yesterday released a new video demonstration of its decentralized exchange ahead of its launch in Q1 2019. The broadcast exhibited the trading interface of Binance DEX – as the platform is called – along with its web crypto wallet feature and Binance Chain, Binance’s native public blockchain explorer…
As Bitcoin continues its chaotic price action, ceaselessly falling and ascending through key levels, some paranoid traders have feared that institutional investors have been alienated from the crypto market. Yet, reports indicate that Grayscale’s growing war chest has continued to swell, while institutional players continue to express interest in crypto assets. This, of course, makes…
Key Points Bitcoin price failed to break the $4,080 resistance level and declined recently against the US Dollar. Yesterday’s highlighted two key bearish trend lines are active with resistance near $4,000 and $4,090 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price remains in a major downtrend and it could…
Nasdaq Vice President Joseph Christinat has confirmed that the exchange will launch Bitcoin Futures in the first half of 2019, pending regulatory approval from the CFTC. Traditional banking institutions have been increasingly open to including the emerging asset class. Nasdaq Bitcoin Futures Legitimizes Cryptocurrency Market, Says Market Analyst Nasdaq has been preparing the launch of Bitcoin…