Yesterday, Bitcoin price collapsed from a high of $9,300 to a low of $8,650 just ahead of an important weekly close.The selloff, according to data, was primarily driven by spot markets, specifically the popular cryptocurrency exchange Coinbase.Coinbase Users Lead Sunday Bitcoin Bloodbath Ahead of Weekly CloseStarting in the early hours of Sunday night, users of…
Bitcoin hasn’t done too hot over the past hour. After closing Saturday’s candle at $9,600, the cryptocurrency fell off a cliff, hitting a low of $8,100 on some exchanges on an influx of sell orders. This marked a nearly $2,000 reversal from where Bitcoin was trading at just 24 hours earlier.Few traders were ready for…
Bitcoin was the first-ever cryptocurrency to be created, and the leader of the entire crypto market.So then why is the most powerful crypto company CEO so skeptical of the asset’s future?Bitcoin Tech Showing Signs of Age, Altcoin Attributes ShineBitcoin was first designed in 2008 by the mysterious, pseudonymous Satoshi Nakamoto.The disruptive, decentralized cryptocurrency was the…
The cryptocurrency known as Tezos has been the shining star of the altcoin market over the last two months, rising over 200% in value since the start of the year. But a nearly 40% crash over the last week has cut the rally back down to size.However, large players have been buying the Tezos sold…
Tezos has been on fire over the last six months, rising over 400% in that timeframe and leaving investors scratching their heads as to what is fueling the astronomical rise.But could it be in part clever marketing from popular cryptocurrency platform Coinbase that is driving extreme FOMO into the number ten cryptocurrency by market cap?Tezos,…
In recent weeks, the one factor that prevented analysts from considering a new bull run was starting across cryptocurrency assets like Bitcoin and Ethereum, was a lack of new money entering the market.However, a premium on Ethereum prices on Coinbase suggests that fiat inflow has begun pouring into the exchange, and could cause an explosive…
The primary pull of decentralized crypto assets is financial freedom from the flawed banking system. Bitcoin is one step but without greater adoption it is still just a speculative vehicle. DeFi and decentralized protocols based on banking are another and they’re gaining traction fast. Crypto Exchanges too Centralized Many envisaged 2019 being the year of…
Facebook’s ambitious crypto project Libra is running out of steam as it gets hounded by regulators and governments around the world. The social media giant was dealt another blow yesterday when major project partner PayPal announced that it was jumping ship, but the Coinbase boss thinks the US should reconsider its negative stance. Rats Desert…
Yesterday, San Francisco-based crypto exchange, Coinbase, announced that they would be increasing their fees for the lowest volume tier of traders on their Coinbase Pro platform, effectively helping the rich get richer, and the poor stay that way. Not only did the increase only impact the lowest wealth users on the platform upset the cryptocurrency…
The world’s most popular cryptocurrency exchange, Binance, has listed smart contract-focused altcoin Tezos (XTZ) to its flagship website, causing the price to spike as much as 5% in the first couple hours after a listing announcement was made. However, Tezos is notably missing from the list of the 30 altcoins Binance US is currently considering…