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Bitcoin Recovers from $11.3K Despite Losses in European Stocks
13.8.2020
Bitcoin has shrugged off a drop to $11,300 for the third day running, possibly buoyed by gold's recovery on Wednesday
Crypto-Friendly British App Revolut Reportedly Tripled Losses in 2019
12.8.2020
Revolut’s losses in 2019 surged over 200% due to investment in international expansion, Revolut founder and CEO says
Market Outlook: BTC Trend Targets $15K, Bitcoin Bull Raoul Pal ‘Irresponsibly Long’
10.8.2020
Cryptocurrency markets have been fluctuating quite a bit lately, as bitcoin and a number of crypto assets have been testing new resistance levels. The market valuation of the entire crypto-economy is hovering around $360 billion as a decent portion of the top twenty digital assets have gained 1-15%...
Deceived Crypto Investors Launched Their Own Scam to Recoup Losses
3.8.2020
Investors in China launched a crypto scam after being deceived themselves — and got busted by the police
Following Major Losses, Another Crypto Hedge Fund Shuts Doors - Report
28.7.2020
Cryptocurrency hedge fund Tetras Capital has allegedly decided to close its doors, after suffering significant losses.
The New York-based fund known for shorting ethereum (ETH) is said to be shutting down, Coindesk reported, citing an undisclosed "person with direct knowledge of...
Market Update: Cryptocurrency and Gold Markets Fueled by Failing Global Economy
27.7.2020
The cryptocurrency economy has spiked significantly on July 26 into the overnight trading sessions capturing over $300 billion in value. Bitcoin is trading above the $10,360 zone while ethereum is swapping for $321 per coin. Meanwhile, the precious metals gold and silver have seen incredible gains...
Market Update: Crypto Cap Nears $300 Billion, BTC Hits $10K, ETH Rallies Hard
26.7.2020
The digital currency economy is steadily approaching a $300 billion market capitalization, as a great number of coins have been seeing decent gains. Bitcoin touched a high of $10,135 on July 26, during the early morning trading sessions, but ethereum is outpacing the top crypto measured by market...
Altseason Imminent: ‘Most Altcoins Should Gain on Bitcoin Soon,’ Says Veteran Analyst
13.7.2020
During the last 30 and 90-day intervals, a number of altcoins have done much better than bitcoin, as far as price percentage increases are concerned. Last Thursday, the popular analyst Peter Brandt told his 360,000 followers that the price of ethereum saw a “significant breakout”...
Lebanon’s Financial Meltdown: Currency Plunges 80%, Huge Losses at Central Bank, IMF Bailout Stalled
29.6.2020
The financial crisis in Lebanon has seen its currency, the Lebanese pound, fall 80%. The International Monetary Fund (IMF) has estimated that the country’s central bank has accumulated losses as much as 170 trillion pounds. The disagreement between the Lebanese government and the central bank...
Compound Token Suffers Heavy Losses But Still Dominates DeFi Rankings
24.6.2020
After a Coinbase Pro listing drove Compound Governance Token prices up more than 100%, the market is now crashing back to Earth
Bitcoin, Ether ‘Recovered Most of Their Losses’ after March Crash – Report
23.6.2020
The world’s two most popular cryptocurrencies have recovered well following flash crashes in March – and the number of small-scale crypto owners appears to be on the rise, per a new report.
These were the findings of the latest CoinMetrics State of the Network report, published today.
The report’s...
Ernst & Young Launches Application to Help US Crypto Investors With Tax Filings
20.6.2020
Ernst & Young (EY) has introduced a new application that helps U.S. cryptocurrency traders calculate and file their taxes with ease. The EY Cryptoprep app, a Software as a Service (SaaS) web-based crypto tax engine, helps users calculate crypto-related gains and losses that have to be reported...
Bitcoin Price Dips Below $9K Amid Heavy Stock Market Futures Losses
15.6.2020
Bearish moves for stocks appear in line with rumors of an incoming crash, with Bitcoin hitting its lowest levels in almost 3 weeks
Loophole in U.S. Tax Law Could Allow Bitcoin Traders to Write off Unlimited Losses
10.6.2020
A loophole in the U.S. tax law could allow qualified bitcoin traders to write off unlimited losses from their trading activities, according to an expert from crypto tax platform Coin Tracker. Traders, defined by U.S tax collection agency Internal Revenue Service (IRS) as people who trade...
US Markets Rebound to Recover All Coronavirus Losses — What About Bitcoin?
10.6.2020
Bitcoin price is stalling under $10,000 while the U.S. stock market nears a record high
Bitcoin’s Flash Rally to $10,400 was “Fake”, Short the Cryptocurrency, Warns Renowned Trader Bollinger
3.6.2020
Long time trader John Bollinger has warned that bitcoin’s flash rally to over $10,400 on Monday was fake, adding that losses might be on the way. “This is a Head Fake at the upper Bollinger Band for $btcusd,” tweeted Bollinger, inventor of the Bollinger Bands indicator....
Bitcoin and Altcoins Consolidating Losses, Upsides Could Be Capped
3.6.2020
Yesterday, we saw a strong increase in bitcoin price above the USD 9,950 and USD 10,000 resistance levels. BTC even climbed above the USD 10,200 level, but it struggled to continue above USD 10,400. Also yesterday, there was a sharp decline below USD 10,000 and the price tested the USD 9,300...
Bitcoin Sees First 12-Month Period with Losses Since 2019 Rally
27.5.2020
After a series of lower highs for bitcoin (BTC) price since its last major rally in 2019, some investors in the number one cryptocurrency may be forced to adjust their expectations, the latest return figures suggest.
Following a decline in the bitcoin price of nearly 9% over the past 7 days,...
Market Outlook: Golden Cross Invalidated, Andreessen Horowitz Predicts ‘Fourth Crypto Cycle’
24.5.2020
The price of bitcoin and a number of other popular cryptocurrencies have been collectively holding a market valuation of around $255 billion. The fiat value of these cryptocurrencies has slipped downwards during the last four days. Despite the weekly losses of around 3-6%, many digital currency...
SoftBank Loses Alibaba’s Jack Ma and Posts Worst Losses in History
18.5.2020
Founder of e-commerce giant Alibaba is stepping down from SoftBank’s board as the firm posts the worst losses in its history