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Surprising Bitcoin Crash Left the Market Bewildered


Following a sharp drop in the bitcoin (BTC) price on Wednesday that brought the price of the asset down by almost USD 1,000 in less than an hour, the market still has no clear answer what caused the drop. As noticed by cryptoasset analyst at ARK Invest Yassine Elmandjra, yesterday’s drop marks...

Bitcoin Superstar and Bitcoin Era – The Latest Two Faces of the Same Scam


With the rising price and popularity of bitcoin come numerous scams. Bitcoin Superstar and Bitcoin Era are two investment schemes that have recently gained much attention. News.Bitcoin.com took a look at them, and it did not take much to spot how similar they are to each other and several other...

Hedge Fund Increases Mt. Gox Creditor Offer to USD 1,300 per Bitcoin


The New York-based hedge fund Fortress Investment Group has upped its offer as it looks to buy up creditor claims from Mt. Gox, the cryptocurrency exchange that monumentally collapsed in 2014, leaving thousands of bitcoin (BTC)-holding customers out of pocket. Per Bloomberg, the hedge fund has made...

Bitcoin and Altcoins Bears Are Back In Driver’s Seat


After yesterday’s strong increase, bitcoin price failed to continue above the USD 10,200 and USD 10,250 resistance levels. Later, BTC/USD declined sharply below USD 10,000 and USD 9,850. The price is now (09:00 UTC) back in a bearish zone and consolidating near the USD 9,550 support. Similarly...

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