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Blockchain Bites: Crypto Tax Switcheroo, Stablecoin Confusion, the Post-Capitalist Plunge
25.9.2020
Fintech giant Plaid has added support for two DeFi applications, the IRS wants to know about your crypto and stablecoins have passed the $20B milestone
Small Bitcoin addresses plunge to 4-month low, but is this bearish?
20.9.2020
Bitcoin addresses holding 1 BTC plunged to a 4-month low, but it is premature to suggest it is a bearish sign
Argentina’s Peso Plunges After Central Bank Tightens Foreign Exchange Controls: Citizens Discuss Bitcoin Adoption
18.9.2020
The Argentine peso plunged by more than 10% shortly after the country’s central bank announced measures to tighten controls on the movement of foreign currency. The peso, which is officially pegged at 72 for every USD, touched new lows of 145 to the greenback on the black market. The latest...
Latin Americans Turn to Bitcoin as Local Fiat Currencies Plunge
8.9.2020
Latin Americans have embraced cryptocurrency as a store of value while their fiat currencies depreciate, a new report shows. Bitcoin adoption in the region is further driven by the lack of banking access and remittance needs. Latin American Bitcoin Adoption Blockchain data analytics firm...
Bitcoin’s plunge, Twitter hack revelation, Pornhub accepts crypto: Hodler’s Digest, Aug. 31–Sept. 6
6.9.2020
The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link!
Bitcoin price, stocks and gold plunge in tandem — What’s next?
3.9.2020
Bitcoin, gold, and the S&P 500 all sharply dropped today, causing traders to fear BTC is on the verge of a trend reversal
Crypto Card Issuer Wirecard Missing $2.1 Billion Cash, Company Shares Plunge 62%
19.6.2020
About 1.9 billion euros ($2.13 billion) worth of cash is missing from one of Wirecard’s trust accounts and the crypto debit card provider cannot as yet account for the money, the company reported on Thursday. In a statement, the major German payment processor blamed “spurious”...
South Korean Public Power Firm Takes Blockchain Plunge
17.6.2020
South Korean energy provider the Korea Electric Power Exchange (KPX) has become the first public institution in the country to adopt a blockchain-based proposal evaluation system.
Per a report from Energy Daily, KPX will now use a Hyperledger Fabric-based solution to weigh up power-related business...
Blockchain Bites: Canaan’s Plunge, Revolut’s Control and Lightning Nodes in Africa
16.6.2020
Canaan Creative's stock is at the lowest price since going public while Revolut is simultaneously ceding ownership of and exerting control over client's crypto holdings
Massive Bitcoin Plunge Nothing More Than Traders Being Traders, OKCoin Exec Says
2.6.2020
Bitcoin's recent price dive may have been nothing more than the result of standard trading activities
John McAfee Announces Privacy Coin – Airdrop Today
25.5.2020
2020 has been a turbulent year for the cryptocurrency market, but it has established the resilience of blockchain technology. Despite a single-day market plunge that battered the entire market valuation with a 50% drop, the following rapid uptick in Bitcoin price has led it to outperform...
US Real Estate Crisis: Home Sales Plunge to 9-Year Low, Mortgage Delinquencies to Soar Past Great Recession Level
24.5.2020
The US real estate market is facing a crisis as unemployment soars amid the coronavirus pandemic. Home sales have plunged to a nine-year low and a record-high number of homeowners are defaulting on their mortgage payments. The impact of the real estate crisis is also seen in rental and commercial...
Will Bitcoin Price Plunge Again as US-China Trade War Reignites?
19.5.2020
Bitcoin price plunged 31% the last time the U.S. imposed tariffs on China. Will this time be any different?
Bitcoin Miners Revenue Plunge 48% as Halving Impact Kicks In
14.5.2020
Revenue for Bitcoin (BTC) miners plunged 48% a day following the third halving, as the full impact of the periodic supply cut event began to take effect. According to data from crypto company Blockchain, the total value of block subsidies and transaction fees paid to miners crashed to $8.95 million...
UK Cryptocurrency Firms Turn to Equity Funding as ICO Coffers Plunge 70%
2.5.2020
UK cryptocurrency and blockchain startups are turning focus back to conventional means of raising capital, as initial coin offering (ICO) coffers dry up. According to a new report, initial coin offering (ICO) funding last year plunged 71% to £200 million ($250 million) from £700 million...
Dash Gathers Momentum & Crosses $80 Mark After Recent Plunge
23.4.2020
After hitting $80 mark for multiple times in the last 7 days, Dash coin seems to have put a strong foot. Over the last seven days, it has been up by a whopping 18.75% and moved from $68 to $80. Dash Price Analysis Over the last 30 days, DASH coin has made a journey from …
MARKET WRAP: Oil Futures Plunge, Bitcoin Dips and Tether Has a $7B Day
20.4.2020
Oil futures went negative today, bitcoin dipped below $7,000 and tether issuances went to $7 billion in today’s market wrap
Largest US Banks Expect Billions in Loan Losses, Profits Plunge
19.4.2020
Several of the largest U.S. banks have set aside billions of dollars in reserves as they expect massive losses from loan defaults, sending their profits nosediving. Wells Fargo’s first-quarter earnings fell a whopping 90% while JPMorgan Chase’s profit dropped 70%. Bank of America...
Crypto Traders Warn Big Bitcoin Price Plunge Is Around the Corner After Stagnancy
17.4.2020
Traders identify stagnant open interest, low volume and repeated failed tests of resistance as reasons for a major Bitcoin pullback
Chart Pattern Resurfaces That Saw Bitcoin Plunge From $10K to $3.6K
14.4.2020
The same fractal that brought Bitcoin from $10,500 to $3,600 is playing out. But, two key variables may soften the correction