On Friday, the Bank of England’s governor made a comment that was music to the ears of Bitcoin and crypto proponents. BITCOIN IS THE FUTURE 🙏🏽 pic.twitter.com/ITdKsG9HJ5 — Pomp 🌪 (@APompliano) August 23, 2019 According to reports from Reuters and Bloomberg, Mark Carney dropped a bombshell on a group fo central bankers and press at…
Ethereum and the aggregated crypto market has been closely tracking Bitcoin’s price action over the past week, which has resulted in a choppy trading session for ETH that has ultimately led it to drop back towards $185 – which remains a critical support level for the cryptocurrency. Although ETH is likely to find some support…
Another week, another of Crypto Tidbits. Bitcoin saw a fairly tumultuous week. The cryptocurrency nearly hit $11,000 this week, before falling to $9,900 in a massive 8% sell-off that resulted in a Bitcoin Fear & Greed Index reading of 5 — “extreme fear”. Despite this crazy price action, Coin360 data suggests that BTC is ending…
Bitcoin (BTC) has once again found itself caught in the throes of a choppy trading range that has provided little clarity as to whether or not it will begin venturing into the four-figure price region, or if it will begin climbing until it retests its year-to-date highs of $13,800. This choppiness has been largely centered…
Once again, Bitcoin (BTC) has stagnated, finding a foothold around $10,000 for the umpteenth time in a matter of weeks. While this is a positive development, especially considering the bearish momentum seen last week, there remains some expecting for the cryptocurrency market to continue lower. As reported by NewsBTC, one prominent crypto analyst suggested that…
Since the announcement of Facebook’s Libra cryptocurrency, the crypto market and even the tech sector has never been the same. It’s got regulators up in arms about Bitcoin, crypto assets are crashing, and the project may not ever even see the light of day. Even partners have started to abandon the project. The topic came…
The crypto market is highly volatile and assets such as Bitcoin, Ethereum, and EOS experience wild price swings. On cryptocurrency margin trading exchanges, these wild price swings are further amplified by traders trading on up to 100x leverage. Last night on one crypto margin trading platform, some strange behavior occurred that caused flash crashes and…
Bitcoin began an impressive price surge minutes after China announced that it would slap additional tariffs on US goods. Beijing said late Friday that it would increase taxes on $70 billion worth of US imports of between 5 and 10 percent. That progressed its already worsening trade dispute with Washington which last week had announced…
According to new research, the recently alleged crypto asset Ponzi scheme PlusToken may be the largest in history. The study, conducted by Elementus, shows that around $2 billion worth of Ether (ETH) tokens were involved in the scheme. Given that the operation accepted payments in a range of other cryptocurrencies, as well as by the…