Search
Market Update: Slew of Unknown Coins Has Seen Considerable Gains Since ‘Black Thursday’
27.3.2020
The top ten coins have done well but there’s a ton of unknown digital currencies moving up the ladder with great speed. In fact, a considerable number of cryptos have gained 50-1,520% in the last 30 days, since Black 'Thursday'
The post Market Update: Slew of Unknown Coins Has Seen Considerable...
For DeFi’s Sake, Maker Should Take Blame for Black Thursday Losses
25.3.2020
While the system did not technically malfunction, a confluence of factors enabled a few opportunists to win the collateral auctions despite placing extremely low bids
Bitcoin Reverses Losses After Fed Makes Unprecedented Move
23.3.2020
Bitcoin (BTC), major altcoins reversed losses today after the U.S. Federal Reserve announced unprecedented measures to support the economy.
At pixel time (12:54 PM UTC), BTC, trades at c. USD 6,207, jumping around 5% in less than an hour. The price is up 2% in a day and 29% in a week. U.S. equity...
Onchain Data Suggests Bitcoin Sell-Off Fueled by New Investors
20.3.2020
While the covid-19 outbreak has caused economic calamity, cryptocurrencies have regained some of the losses that devastated digital currency markets on March 12. A recent report published by the researchers at Coin Metrics notes the “crypto asset sell-off was driven by short-term...
Market Update: Bulls Return, 120 Million Tethers Minted, Bitcoin Halving Looms
20.3.2020
On March 20, cryptocurrencies jumped in value erasing some of the losses that took place over the course of the market carnage last week. The entire cryptoconomy gained a quick $39 billion during Thursday and Friday’s trading sessions and global trade volume has spiked significantly as well....
ETH Price Strains Defi Collateral Loans as ‘Black Swan’ Event Strikes Makerdao
13.3.2020
The price of ethereum dropping double digits on March 12 sent shockwaves through the decentralized finance (defi) community. Makerdao’s single collateral DAI has been struggling and the low price of ETH has left millions worth of DAI undercollateralized. The defi project’s...
Edward Snowden ‘Felt Like Buying Bitcoin’ While Traders Hunt for the Market Bottom
13.3.2020
Following three consecutive days of losses shedding $50 billion off the cryptoconomy, digital currency markets lost another $44 billion in a matter of hours on March 12. Not only did ‘Black Thursday’ wreck traditional markets, but gold and bitcoin felt the brunt as well. Amidst...
IOTA Founder Personally Refunding Hack Losses to ‘Safeguard’ Project’s Remaining Reserves
12.3.2020
Using his personal holdings will help protect the IOTA Foundation's 12-month runway, according to David Sonstebo
Bitcoin and Altcoins At Risk of More Losses
10.3.2020
Recently, we saw a significant drop in bitcoin price from well above the USD 8,550 support. BTC/USD declined more than 10% and it even settled below the USD 8,000 level. The price is currently (09:00 UTC) consolidating losses and it remains at a risk of more losses below USD 7,800 and...
Bitcoin Crashes to January Lows, Altcoins Suffer Bigger Losses
8.3.2020
In a surprising move, bitcoin (BTC) price crashed this weekend, dropping to the levels last seen in January, while all major altcoins are in red against BTC on Sunday.
BTC dropped on Saturday sharply and is still moving down on Sunday. At pixel time (16:01 UTC), bitcoin trades at c. USD 8,431...
Bitcoin Faces Further Losses if Bulls Can’t Disrupt Bearish Chart Pattern
25.2.2020
Bitcoin has formed a bearish head-and-shoulders pattern with neckline support at $9,400
$30M Bitcoin Cash ‘SIM Hack’ Sparks Wild Crypto Tales With Vague Sources
23.2.2020
On February 21, the crypto Twitter commentator Dovey Wan published a series of tweets about an alleged SIM card hack that purportedly saw the loss of $30 million in bitcoin cash. The story stemmed from a Reddit post that’s now deleted and so far no one has provided any verifiable proof from...
Bitcoin Price Reclaims $10K Reversing Weekend Losses, XTZ Soars 13%
18.2.2020
Bulls pushed Bitcoin price back to $10K but will the $10.1K to $10.3K zone present strong resistance?
FCoin Exchange Shuts Down; Users Likely to Incur Losses Worth $125 Million
18.2.2020
Chinese crypto exchange FCoin announced on Monday that it is shutting down, citing “internal data errors & complicated decisions.” Launched in May 2018, FCoin has always been in the news, controversially most of the time. The blog post penned by founder and chief Zhang Jian; the company said...
Bitcoin Consolidating Losses While Altcoins Start Fresh Increase
18.2.2020
Recently, there was a downside extension below the USD 9,650 support, but bitcoin found support near USD 9,550 and USD 9,500. As a result, it started a short term recovery above USD 9,700 and it is currently (09:00 UTC) consolidating below the USD 9,850 resistance area.
On the other hand, many...
Altcoin Season Trending – LINK, XTZ, BSTX, HBAR Gain Up to 120% in 24h
12.2.2020
The last few days have shown bullish price activity across the list of top cryptocurrency markets. There’s been a lot of focus on coins like BTC, ETH, BCH, and EOS, but digital assets like HBAR (120%), STX (52%), XTZ (20%) and LINK (13%) have seen much larger gains this week. The cryptoconomy...
Market Update: Bitcoin Cash Shines as Crypto Markets Show Bullish Signals
5.2.2020
Digital currency markets are in the green again today after seeing some moderate losses the day prior. The leading cryptocurrency in the top 10 is the fourth-largest blockchain by market cap, bitcoin cash, which is up 14% today. A variety of other digital asset markets are doing well as the overall...
IRS Explains What Crypto Owners Must Know to File Taxes This Year
2.2.2020
Kicking off this year’s tax filing season, the U.S. Internal Revenue Service (IRS) has published important tips for crypto owners to properly file their tax returns. This is the first time a cryptocurrency question has been included in the tax form. The IRS expects more than 150 million...
Deutsche Bank Reports €5.3 Billion in Net Loss for 2019 as It Counts the Cost of Restructuring
1.2.2020
A year of reorganization has left its mark on Germany’s leading financial institution. Deutsche Bank revealed this week it suffered significant losses in the last quarter and all of 2019. The banking giant claims that the damage is “entirely driven by transformation-related...
Continued Losses See Bitcoin Erase 40% of Recent Price Rally
24.1.2020
Bitcoin's price pullback has gathered steam in the last 24 hours, erasing a major portion of the cryptocurrency's recent gains