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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....
Litecoin Responds to BTC’s Price Rally; Reaches Above $40
20.3.2020
LTC coin has recently faced rejection at $43; formed support at $41 The bullish trendline has been formed, and it may remain intact if the market remains in favor Technical indicators are giving mixed signals at present; the coin has just formed a bullish candle Litecoin Price Analysis Litecoin...
How Long Will the Market Downturn Last?
20.3.2020
When will normality return? How long till global markets recover and bitcoin resumes the bull run it was teasing at before the coronavirus materialized? These are questions that all investors are pondering as the epidemic wreaks havok on gold, oil, stocks and – up until March 19 –...
Scramble for Dollars: Emergency Cash Injections in $250 Trillion Global Debt Place the Fiat Ponzi On Ventilator
19.3.2020
The last few weeks of global hysteria has shown there’s been a mad dash for dollars and various fiat currencies. Moreover, central banks have tried to quell cash liquidity issues by injecting trillions into the hands of private banks and hedge funds worldwide. As the financial system shudders...
Scammers Impersonate World Health Organization to Steal BTC COVID-19 Donations
19.3.2020
Online scammers are now impersonating the World Health Organization to get Bitcoin donations for its COVID-19 Solidarity Response Fund
Maduro Orders Venezuelan Bank Closures Amid Coronavirus Scare
19.3.2020
In order to combat the coronavirus outbreak in Venezuela, President Nicolás Maduro has ordered the entire country to quarantine themselves. With an inflation rate that rises more than 10,000% per year, the country’s citizens have already been dealing with economic turmoil. Maduro...
Bitcoin Difficulty Set for 13% Drop as Hash Rate Following BTC Price
19.3.2020
Bitcoin’s difficulty and hash rate are beginning to suffer from its price declines, data warns
Bitcoin (BTC) Gains Intraday Momentum; Spikes Above $5.5k
19.3.2020
Bitcoin, at the time of writing this article, was trading above $5,500 after five days of sluggish pullback The intraday bullish crossover ramped up the market as the price trend of BTC formed consecutive higher high at $5,686.94, until the time of writing Today, the coin has spiked from the utter...
Billion-Dollar Bitcoin Lawsuit Continues – Craig Wright Ordered to Pay $165K in Legal Fees
18.3.2020
While the cryptocurrency community deals with floundering market prices, the billion-dollar Kleiman v. Wright Lawsuit continues in Florida. On March 17, a court filing shows that the self-professed Bitcoin inventor Craig Wright has been ordered by the judge to pay $165,500 in attorney fees. U.S....
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