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Don’t panic? ‘Smart money’ whales are waiting to buy Bitcoin at $8,800

4.9.2020
Whales are bidding $8,800 to purchase Bitcoin on major exchanges like Bitfinex following a sharp drop to sub-$10,000

Craig Wright Trial Over a Fortune in Bitcoin Moved to 2021

4.9.2020
Wright and the Kleiman estate will now put their arguments before a jury in January

Bitcoin may sustain $10K as gold nears ‘inflection point’ vs. stocks

4.9.2020
Gold and Bitcoin as safe havens may be about to outperform stocks, a Bloomberg strategist says

Bitcoin and S&P 500 Correlation Grows, Miners Accumulate BTC Again

4.9.2020
After yesterday’s sell-off in both crypto and stock markets, major cryptoassets remain mostly in the red, although some green shoots have appeared and Bitcoin (BTC) miners sold less BTC. However, US equity futures are mixed as traders wait for the August jobs report today, suggesting that...

V-Shaped Recovery From Bitcoin’s Biggest Drop Since March Unlikely, Say Analysts

4.9.2020
Despite a slight bounce Friday morning, some analysts don't expect bitcoin to chart a quick recovery from the double-digit price drop over the last two days

Research: New Malware Employs Tor and Bittorrent To Steal Bitcoin and Ether

4.9.2020
A new trojan called Krypto Cibule uses infested computers’ power to mine cryptocurrency, steal crypto wallet files, and redirect incoming digital assets to a hacker address. The malware rides on the Tor network and the Bittorrent protocol to perform attacks, according to an extensive report...

Bitcoin and Altcoins Tumble Below Crucial Uptrend Supports

4.9.2020
Bitcoin price failed to stay above the main support near USD 11,200 and USD 11,000. As a result, BTC declined over 10% and it even traded towards the USD 10,000 support zone. It is currently (08:30 UTC) correcting losses, but it still might correct lower in the coming sessions. Similarly, most...

Bitcoin market index back to ‘fear’ on 91st anniversary of 1929 crash

4.9.2020
Weakness across macro indices draws frightening comparisons to the Wall St. Crash, exactly 91 years to the day that markets began to die

Chilean Cryptocurrency Exchange Denies Fraud Allegations, Tribunal Set Rule on Complaint

4.9.2020
Chilean cryptocurrency exchange, Badu.com has denied allegations that it fraudulently transferred client funds without authorization. The fraud allegations are being reported by Itau bank and both parties are set to appear before the country’s Tribunal for the Defense of Free Competition...

Revealed: How North Korean hackers launder stolen crypto

4.9.2020
The techniques are sophisticated but crypto laundering cases are still relatively small

BTC dips below $10K as traders eye ‘CME gap’

4.9.2020
Bitcoin has crashed below $10,000 for the first time in seven weeks

Privacy Options Underutilized in Cryptocurrency Usage: Report

4.9.2020
Advances in cryptography have not met with user enthusiasm, suggesting a disconnect between the cryptocurrency community and its cypherpunk ancestors. According to Coin Metrics, transactions of privacy-focused cryptocurrencies zcash (ZEC), monero (XMR), and grin only add up to 6% of bitcoin’s...

Yearn Finance Vault Users Lock $139M: Farmers Claim Collateralized ETH Gathers 90% APY

4.9.2020
On September 3, 2020, the well known Yearn Finance defi project “paused” the popular ethereum liquidity vault (yETH) service, after locking in a significant $139 million. Yearn’s vault feature launched on Wednesday, and saw $100 million deposited on the first day. The vault hype...

$16B Worth of Dollar-Pegged Cryptos: Stablecoins Add $100M a Day Since Mid-July

4.9.2020
Stablecoins have been gathering a lot of steam and settling massive value in recent months. Moreover, on Thursday, Coin Metrics’ executive Nic Carter mentioned on Twitter that “stablecoins have been adding $100 [million per day] since mid-July. While a number of dollar-pegged...

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

Market Wrap: Bitcoin Tanks to $10.4K; ETH Market Cap Share at 2020 High

3.9.2020
Bitcoin’s price is dipping while ether’s share of the crypto market is at a level not seen since 2018

Long-Term Fundamentals Signal Robust Crypto Bull Market Fueled by Reckless Money Printing, Defi

3.9.2020
A robust cryptocurrency bull market is in the making, a Weiss Crypto Ratings analyst explained. Citing central banks’ “reckless money printing policies” and “the explosion in Defi innovation,” he sees long-term fundamentals favoring cryptocurrencies despite some...