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Price Analysis Mar 18: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LEO
18.3.2020
Bitcoin price appears ready to consolidate for a few days before beginning a new uptrend
US Cash Crisis: Withdrawal Limits Spark Bank Run Fear
18.3.2020
The entire world has been focused on the economy as the coronavirus outbreak has devastated global markets. While stocks, commodities, and barrels of oil plunge in value, there’s been considerable demand for cold hard cash in certain countries. According to reports, Wall Street’s elite...
Bitcoin (BTC) Draws Higher Lows & Nosedives Below 200-day MA
18.3.2020
Bitcoin, at the time of writing, was trading around $5,000 and is observed drawing higher lows after marking an apex at $20,000, followed by $13,000 and $10,000 in the recent past. Important to note that the BTC had recorded the highest trading volume bar during this recent collapse when the price...
Interest in BTC Futures Drops Amid Discussions of Financial Market Closure
18.3.2020
Despite record-high volatility in bitcoin (BTC), derivatives traders appear to be pulling money out of the market, while a “rush to cash” becomes the overarching theme for the financial markets. The moves in bitcoin follow major volatility in the traditional financial markets, where some of...
Indian Government Reveals Inspection of Bitcoin Businesses, Informs Parliament of Results
18.3.2020
The government of India has informed Lok Sabha, the lower house of parliament, about the Ministry of Corporate Affairs’ inspection of cryptocurrency businesses. Minister of State for Finance and Corporate Affairs Anurag Singh Thakur provided details of two companies in particular. This...
Crypto Lending Firm BlockFi Raising Interest Rates on BTC and ETH
18.3.2020
BTC’s and ETH’s interest rates at the crypto lending firm will be increased starting April 1, while some stablecoins’ will remain the same
Analysts Question Gold’s Safe Haven Status – 2008 Data Shows Central Banks Oversaturated Bullion Markets
17.3.2020
After bitcoin prices dropped below the $5K region on Monday morning, gold also slid significantly. It saw a small spike in value after the Federal Reserve announced slashing the benchmark rate by 100 bps, but gold prices subsequently dropped below $1,500 per ounce hours later. The current sentiment...
BitMEX Explains the Attack to Doubting Customers; Refunds BTC 40
17.3.2020
Major crypto derivatives exchange BitMEX said that the root cause of the DDoS attacks on March 13 has been identified, and more than BTC 40 (USD 211,000) refunded to the affected users.
BitMEX published a blog post authored by its Co-founder and CEO, Arthur Hayes, stating that the exchange...
BTC Hashrate Follows Price Drop – 20% Lower Before Bitcoin Halving
16.3.2020
Four days ago, digital currency markets lost billions and prices sank to levels not seen since last March. The market bloodbath has affected bitcoin miners as they are making fewer profits than they were a week prior. By Monday, March 16, BTC’s hashrate slid below the 100 exahash (EH/s)...
4 Key Bitcoin Metrics Show Not All Hope Is Lost for BTC Price
16.3.2020
Key Bitcoin metrics show the network and digital asset are holding up well as equities markets turn bearish and COVID-19 halts economies across the globe
Price Analysis Mar 16: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LEO
16.3.2020
Today’s recovery from the intraday lows is a positive sign as it confirms demand at lower levels
Italian Red Cross Raises BTC 2.84 to Fight Covid-19 + More News
16.3.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Coronavirus news
The Italian Red Cross and the Colli Albani Committee have launched a bitcoin fundraising, raising donations in...
No, Bitcoin Didn’t Uncouple From Stocks But $6K BTC Is Back in Play
16.3.2020
#Bitcoin bounces after worst opening ever for stocks
BitMEX Takes a Hit — Community Cries ‘Foul Play’ Following Market Crash
16.3.2020
Despite BitMEX claiming that its recent outage was caused by an aggressive DDoS attack, some think there is more to the story
Coinbase Launches BTC Transaction Batching, Saving Users 50% on Fees
16.3.2020
Batching BTC transactions will save users 50% on fees, according to a blog post released by Coinbase on March 13
Crypto Carnage, Fears of $1,000 BTC, MakerDAO Crisis: Hodler’s Digest, Mar. 9–15
15.3.2020
In this week’s Hodler’s Digest, Bitcoin’s dramatic decline, MakerDAO left with bad debt worth millions, and how a BTC miner ended up with an $8M windfall
Bitcoin Cash IFP Debate: ABC Kicks Off Fundraiser, 3 Mining Pools Signal BCHN Support
15.3.2020
During the first week of March, there were prominent discussions concerning the recently announced infrastructure funding proposal (IFP). However, a number of crypto participants are focused on the market carnage and the possibility of a global recession. After the new full node project published...
US State Wants to Legally Seize Unclaimed Cryptocurrencies Left at Custodians
15.3.2020
The U.S. state of Illinois has advanced a bill to consider unclaimed cryptocurrencies at custodians abandoned after five years. The coins will then be liquidated and the proceeds remitted to the State Treasurer. The cryptocurrency owners will have no recourse against the custodians or the state....
French Court Moves the BTC Chess Piece — How Will Regulators Respond?
15.3.2020
In the end, the actual classification of BTC in the Nanterre court case may be less important than the mere fact that it is being classified
Some Indian Banks Ignore Supreme Court Verdict on Cryptocurrency, RBI Urged to Rectify
15.3.2020
Despite the Indian supreme court quashing the central bank’s ban on crypto, some major banks, including HDFC and Indusind Bank, are still arbitrarily declining to process crypto transactions. Banks say they are waiting for instructions to lift the ban from the Reserve Bank of India (RBI)....