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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...
Is Bitcoin Getting Up After a Monstrous 53% Fall, or is it Prepping for One More Shock?
14.3.2020
While there are a few who believe that the recent catastrophe like series of all the markets getting crashed is a short-term effect of Corona, a large portion believe that the markets are likely to see more gloomy weeks. As far as the crypto market is concerned, Peter Schiff, a strong crypto...
Bill Gates Departs Microsoft Board After Pledging $1.4M to African Blockchain
13.3.2020
Bill Gates dials it back at Microsoft so that he can ramp up to save the world
Altcoins See Early Optimism After Thursday Massacre, Litecoin Up 10%
13.3.2020
Source: iStock/t_kimura
Following the massacre in the broader crypto market on Thursday, major altcoins have already started to recoup some of their losses, with some cryptoassets now showing positive returns over the past 24 hours.
Despite a sea of red in the crypto market, altcoins such...
XLM Eyes a Slow Recovery; Corrects After a 61% Price Hike
13.3.2020
The crypto market, just like every other market across the globe right now, is still not ready enough to come out of the shock that it has been receiving for the last one week. However, even after a massive price plunge below $5000, Bitcoin has at least attempted to remain above $5000. It seems...
Bitcoin and Altcoins Attempt to Recover After Significant Crash
13.3.2020
The past 3-4 sessions saw a significant drop in bitcoin price from well above USD 8,000 to well below USD 5,000. BTC/USD lost more than 50% and even tested the USD 4,000 area. The price is currently (09:00 UTC) recovering above USD 5,000, but there are many resistances waiting on...
BitMEX Denies it Made Bitcoin Price Drop to $3.7K After Going Offline
13.3.2020
BitMEX silences critics after allegations that it deliberately failed to step in as the Bitcoin market crashed
Fintech in the United Kingdom After Brexit
12.3.2020
Post-Brexit world: The end of European citizens’ free movement into Britain could dramatically change the region’s fintech ecosystem
Bitcoin Tackles $6K After 20% Crash as Stocks Rival 1987 Apocalypse
12.3.2020
The FTSE alone mimicked its near-death experience from 33 years ago as Bitcoin attempted to stem its own 20% nightmare
Bitcoin Price Slips Below $7.4K to 2020 Lows After Trump Europe Ban
12.3.2020
Bitcoin continues to suffer from coronavirus panic, with bears sending prices to new 2020 lows on Thursday
LocalBitcoins Seller Charged After Undercover 'Human Trafficking' Sting
12.3.2020
A LocalBitcoins seller has been charged with money laundering after allegedly selling $140,000 worth of Bitcoin to undercover agents posing as criminals
Dogecoin Continues to Consolidate After Declining by Almost 20%
11.3.2020
In the recent bearish sweep in the crypto market, all the major coins were largely impacted, including Bitcoin. It has started to trade in the $7000 price range after it broke below $9000 and $8000 eventually. Dogecoin Price Analysis Here, Dogecoin is also not an exception as it has also been...
Global Investments Into Indian Crypto Sector Surge After Supreme Court Lifts Ban
11.3.2020
India has become increasingly attractive to new crypto businesses and investors from all over the world now that the supreme court has lifted the banking ban. Some companies are expanding operations into the Indian market while others are investing in the country’s crypto ecosystem. Also...
After A High-Profile Hack, bZx Announces Its Way Forward
11.3.2020
The co-founder of bZx protocol, which was hacked last month, has taken full responsibility for the lapse and promised that the users will not lose any money
Suspected Coincheck Hackers Arrested After Selling XEM for Bitcoin
11.3.2020
Tokyo police say they have arrested two men over the hack of Japanese crypto exchange Coincheck. The platform was raided for some USD 400 million worth of NEM (XEM) tokens in January 2018, in what remains the world’s biggest-ever theft of cryptocurrency.
Police have been chasing the perpetrators...
US Lawmaker Introduces Crypto-Currency Act of 2020 While Under Coronavirus Quarantine
10.3.2020
A U.S. congressman from Arizona has introduced the Cryptocurrency Act of 2020 while under coronavirus quarantine. The bill clarifies which federal agencies regulate which type of crypto assets. “It’s crucial that America remains the global leader in cryptocurrency,” the lawmaker...
Bitcoin Price Reclaims $8K After Filling Final Lower CME Futures Gap
10.3.2020
Bitcoin just filled the only lower-lying futures gap left in the market — the sole remaining one is at $11,800
Regulatory Roundup: French Court Considers Bitcoin Money, Cryptocurrencies Legitimized in South Korea, Australia, India
10.3.2020
The cryptocurrency sector worldwide saw several historic regulatory events last week. In this roundup, we cover a landmark bitcoin ruling by a French court, South Korea’s first crypto bill, an Australian court’s ruling, Germany’s announcement, and a recent FATF meeting where more...
Bitcoin Tested as a Safe Haven After Biggest Stock Crash Since 2009
9.3.2020
Global markets imploded as the trading week started, providing Bitcon’s another opportunity to prove its status as a store of value asset
Oil Price Down After OPEC Deal Failure, Crypto Markets Severely Hit
9.3.2020
Global oil prices plunged more than 26% on Sunday after the OPEC failed to strike a price deal with its allies. Saudi Arabia, the largest producer of crude oil in the world, slashed the oil prices along with planning to increase oil production further to be ready for a possible price war....