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Another Venezuelan Bitcoin Spike as Banks Struggle + More News
19.3.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Peer-to-peer (P2P) bitcoin (BTC) trading appears to be on the rise in Venezuela after the country’s president Nicolás...
Analysts Question Gold’s Safe Haven Status – 2008 Data Shows Central Banks Oversaturated Bullion Markets
17.3.2020
After bitcoin prices dropped below the $5K region on Monday morning, gold also slid significantly. It saw a small spike in value after the Federal Reserve announced slashing the benchmark rate by 100 bps, but gold prices subsequently dropped below $1,500 per ounce hours later. The current sentiment...
Market Update: Cryptocurrency Market Cap Sheds $90B, Margin Calls Spike, Futures Slide
14.3.2020
Digital currency markets have been consolidating since Thursday’s massive price drop after more than $90 billion was erased from the cryptoconomy. Crypto markets saw some brief gains on Friday but prices have been meandering just above current support levels. At the moment, traders and crypto...
Bitcoin Price Falls After One-Hour Volume Spike
3.3.2020
An hour of high volume trading on Tuesday resulted in bitcoin trading lower, giving back nearly half of the previous day’s gains
Bitcoin Trust GBTC Shares Spike Despite 30% Premium
6.2.2020
Bitcoin and cryptocurrency prices have seen significant gains as the entire cryptoconomy is up more than 40% since mid-December. Grayscale’s Bitcoin Trust (GBTC) has also seen an uptick and shares have climbed 9% this week. The news follows the asset manager’s recent registration as...
Traders Turn to DeFi to Capitalize on Tuesday’s Crypto Market Spike
14.1.2020
Decentralized finance (DeFi) applications are popping off Tuesday, and the ETH price spike isn't the whole story
Google Searches for Bitcoin Spike After BTC Price Hits 6-Month Lows
25.11.2019
Bitcoin volatility sees an uptick in Google search activity
Market Update: Crypto Prices Improve After 3-Week Downtrend
17.11.2019
Digital currency markets have been trending downward in a triangular pattern since the 40% spike that took place on October 25. Following the three-week downtrend, cryptocurrency traders are quietly playing positions while patiently waiting for the next market signals. Also Read: The Bank of Google...
Bitcoin Shows Extreme Volatility After $10,600 Spike — Where to Next?
1.11.2019
Traders divided on the short-term trend of Bitcoin after it shows strong volatility with spike to $10,600
Speculation Abounds Over the Cause of Bitcoin’s Recent Rally
29.10.2019
Crypto’s most recent bull run began last Friday, October 25, after a significant plunge in prices just days earlier that had some prognosticators worried about a return to late 2018 and early 2019’s bleak crypto winter. Since the recent spike, prices have held relatively steady...
Market Update: Crypto Prices Hold Steady After Massive Bullish Spike
27.10.2019
Digital currency markets are coasting along after an enormous move on Friday of more than 20-40%. The entire cryptoconomy is hovering around $249 billion as it gained a whopping $30 billion very quickly this week. Crypto prices corrected a touch since the spike, but are still well above the lows...
Market Update: Crypto Prices Spike Significantly In a Matter of Minutes
25.10.2019
Digital currency markets have seen a strong price spike on Friday, adding billions to the overall market capitalization of the entire cryptoconomy. The surprise upward trend shows a few of the top-performing cryptocurrencies have gained between 10-20% in the last 24 hours. Also read: FATF Starts...
Bakkt Announces Bitcoin Options After Record-Breaking Futures Volumes
24.10.2019
On October 23, Bakkt’s physically-settled bitcoin futures contracts touched an all-time high with 640 BTC ($4.8 million) swapped on the exchange. Coincidentally, the futures action started after BTC prices plummeted to $7,365 across global exchanges. After the record-setting day, Bakkt...
Data Shows Institutional Interest in Bitcoin Has Diminished
5.10.2019
Last spring and the beginning of summer 2019 saw digital asset markets spike considerably in value, and many speculators assumed the rise was due to institutional investors. However, BTC and a variety of other popular digital asset prices started plummeting in August. Reports now detail that...
Trump Pressures Fed for More Rate Cuts as Mega Banks Drain the Balance Sheet
2.10.2019
U.S. President Donald Trump is pressuring the central bank to cut interest rates even further as a spike in oil prices has offset the Federal Reserve’s ‘normalization’ tactics like rate-cutting and overnight repos. Additionally, the mega bank JP Morgan Chase (JPM) is being blamed...
Mystery Behind Sudden Spike in ‘BTC’ Searches Tied to Hurricane Dorian
6.9.2019
Between Aug. 29 and Aug. 31, BTC searches worldwide suddenly catapulted from a value of 2 to the maximal level of search interest, denoted by a value of 100
Ethereum Pulls Back Below $175, While Bitcoin Retains the Spike With a Few Bumps
5.9.2019
Ethereum enfeebles and trades below $175 after failing to persistently settle beyond $180. ETH price currently trades around $174 after having breached $180 once in the past 24 hours. The steep break at the end of the downtrend took the coin to trade around $175. On the contrary, BTC/USD still...
Market Outlook: Bitcoin Cash Spikes While Economic Fears Spread Worldwide
13.8.2019
On Tuesday, August 13, most digital currency prices have dropped in value between 2-5% while crypto trade volumes globally have fallen to $46 billion in the last 48 hours. Despite the downturns across the board, bitcoin cash (BCH) is holding steady, up 2% today and now commanding the fourth largest...
Ripple Price Analysis: A Single Spike Pushed XRP Above $0.30, Consolidates There
12.8.2019
Ripple price climbed above $0.30 in the later part of yesterday, currently battling with barriers above $0.3020 XRP is above its 5-day SMA of $0.3013, though it still carries a selling pressure Ripple has formed a decent support level near $0.29, the coin has traced a bullish trendline, while...
BCH News Roundup: Transactions Spike, Cashaddr Support and Developer Congress
10.8.2019
The last seven days have been busy within the Bitcoin Cash ecosystem with a slew of announcements and developments. Kraken exchange recently added the BCH-based Cashaddr address format and Coinbase open-sourced a utility that makes it easy to convert between Base58 and Cashaddr addresses....