Another week, another round of Crypto and Bitcoin Tidbits. The past week was rather tumultuous for the cryptocurrency market. BTC traded everywhere from $10,800 to $13,200, causing dramatic shifts in the sentiment of investors across the board. Per the time of writing this, many analysts have begun to lean bearish, as Bitcoin and other cryptocurrencies…
Altcoins are still getting beat up as we enter the weekend. Bitcoin has remained range bound with little movement over the past 24 hours but there has been some position jockeying in the market capitalization charts this morning. Bitcoin Consolidating Following Trump Tweet BTC has spent most of the past day or so trading sideways.…
Bitcoin and most altcoins have been incurring tremendous volatility as of late, which has been primarily driven by BTC’s extended period of consolidation in the lower five-figure price region, where it has been trading at for the past month. Now, one prominent analyst is noting that many altcoins that have faced severe technical damage from…
Billionaire tech entrepreneur Mark Cuban is not a big fan of Facebook’s recently-detailed cryptocurrency-of-sorts. He says there may be repercussions from despotic leaders around the world if citizens start to use alternatives to national currencies. Cuban joins an increasingly noisy chorus of regulators, bankers, and other organisations concerned about the social media giant’s financial ambitions…
Bitcoin and the aggregated crypto markets have been facing tremendous volatility over the past few days that has been exasperated by comments being made about BTC and the nascent crypto markets by world leaders and politicians – who undoubtedly will sway how US policy is aimed at the crypto markets from a regulatory standpoint. Now,…
Popular cryptocurrency proponent and news presenter Max Keiser has responded to President Trump’s anti-Bitcoin outburst yesterday. The long-term Bitcoin bull believes that a United States opposed to Bitcoin is an advertisement to nations wanting to distance themselves economically from the nation to adopt the digital asset. Keiser equates the move by Trump to a “giant…
Last night, the TV personality, businessman, president of the “free world,” Donald Trump took to twitter to blast Bitcoin, Facebook’s Libra, and the entire asset class of cryptocurrencies. The outspoken United States president said that the asset class is “highly volatile,” “unregulated,” “based on thin air,” and “can facilitate unlawful behavior, including drug trade and…
Last night, the entire crypto Twitter became electrified with chatter when United States President Donald Trump tweeted about “magic internet money,” also known as Bitcoin and cryptocurrencies. According to Morgan Creek Digital partner and co-founder Anthony “Pomp” Pompliano, while Trump’s tweet was indeed significant, it also sheds a light on how Bitcoin is designed to…
Following the demise of one of Poland’s largest crypto exchanges last week, news is breaking today that one in Japan has just been hacked. Bitpoint Suspends Services An official announcement today stated that Japanese crypto exchange Bitpoint has suspended services following a heist to the tune of around $32 million in crypto assets. A Boomberg…
Yesterday’s Bitcoin pullback has extended into Friday as further losses are mounting. The selloff has slowed however as BTC searches for its short term bottom and traders seek buying opportunities. The overall trend for the past few weeks however has been sideways. Bitcoin Slides 14% in Two Days From a touch of $13,000 on Wednesday…