It now appears that Bitcoin’s recent surge from lows of roughly $10,000 to highs of over $10,500 was simply a flash in the pan, as BTC has now erased nearly all of the gains it incurred during this movement. Analysts are now noting that Bitcoin’s current technical formations could signal that BTC is on the…
A French street artist has just made what he claims to be a world first sale of a tokenised wall mural. Pascal Boyart specialises in crypto asset-inspired pieces of street art. The portion of the overall piece cost the buyer 25 Ether (ETH). The second part of the mural is still listed as available for…
Last year, the “institutions are coming” narrative became heavily cited in the Bitcoin and crypto space. You see, back then, investors were grasping for straws, trying to find some glimmers of hope in a roaring bear market. Related Reading: Ethereum Price Has Best Risk-Reward Ratio Ever: Crypto Venture Capitalist Unfortunately, the narrative wasn’t and purportedly…
The crypto community has been largely reveling in the fact that a court ruled against Craig Wright yesterday. The case involved a hefty sum of Bitcoin, and concerns are growing about the possibility of it flooding the market if sold in a hurry. Wright Loses 50% BTC Stash In a Florida court hearing yesterday a…
After hanging by a thread above $10,000 for most of the day yesterday, Bitcoin’s bulls stepped up and sent the cryptocurrency surging to highs of over $10,500. Although this rally did spark excitement amongst BTC investors, the move ultimately proved to be somewhat fleeting. Analysts are now noting that $10,900 is a key region of…
A man who created his own Bitcoin ATM has pleaded guilty of money laundering and related crimes. Kunal Kalra, a resident of Westwood, California, used his machine and other means to clean as much as $25 million between 2015 and 2017. Court documents claim that Kalra also exchanged Bitcoin for cash with a range of…
Bitcoin price action over the weekend has been a virtual nail biter. The leading crypto by market cap, teetered on the edge of support for much of the weekend as bulls were able to successfully defend bears from pushing the price to retest lows at $9,200. But despite the valiant effort from bulls, bears were…
Millions of cryptocurrency investors have fallen victim to a growing number of multilevel marketing scams over the recent years. In 2018, victims lost about $1.7 billion to companies that falsely promised to multiply their capital within a short period. The criminals used plenty of old-school and new tricks to lure investors into purchasing worthless cryptocurrencies.…
Over the past couple of days Bitcoin has found itself caught within a relatively tight trading range and has continued to find strong support around $10,000. Although some analysts have claimed that this support level is wearing thin, BTC has yet to post a decisive break below this level in recent times. Now, multiple analysts…
Overstock was one of the first major companies that expressed extreme interest in utilizing and adopting crypto – an interest that stemmed primarily from its previous CEO’s openness to the technology. Now that the company’s previous CEO – Patrick Byrne – has resigned due to controversy surrounding comments he made about his involvement in a…