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Bitcoin Reverses Losses After Fed Makes Unprecedented Move


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...

BitMEX Says Its BTC 35K Isurance Fund Fulfilled Its Role During Market Crash


Major crypto derivatives exchange BitMEX says that their Insurance Fund did exactly what it was supposed to during the market crash. In their latest blog post, the exchange addressed questions from the traders related to the Insurance Fund, its role during the March 12 and 13 market turbulence,...

Tezos Settles Legal Dispute, But It’s Not The End


After a lengthy battle in the California court system, the Tezos Foundation has announced that it has settled a lawsuit outside of court, thus avoiding any legal scrutiny of the Tezos (XTZ) 2017 initial coin offering (ICO). However, while the parties have agreed on the settlement, it’s still up...

2x Bitcoin: Wanna Double Your BTC to the Moon? Forget About It


Amid worldwide crisis and stock market turmoil, a growing number of investment schemes advertise a way to speedily double your bitcoins. Moon Bitcoin Live, for example, claims to be a licensed bitcoin doubler, promising that investors can double their bitcoins within 24 hours, with guaranteed...

Hive Blockchain Launched, HIVE Coin Listed - Is Steem-Sun Battle Over?


The Hive blockchain, a hard fork of the Steem (STEEM) blockchain, has officially launched last Friday, as the new home for the Steem community, while the new coin has been listed by two exchanges so far. However, it's yet to be seen if this will put a full stop on the Steem - Justin Sun battle. As...

Bitcoin and Altcoins Recovery Unwinds As Bears Return To Action


This week started with a fresh decrease in bitcoin after it failed to retain strength above USD 6,400 and USD 6,500. BTC/USD is currently (08:30 UTC) down close to 7% and it is now trading well below USD 6,000. It seems like the price is likely to continue lower towards the USD 5,650 and USD 5,550...

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