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Bitcoin (BTC) Continues to Struggle; Falls to $8,300 Now

26.9.2019
Bitcoin loses 4.34% to be placed near 8,300 USD. The next support may come at 8,293 USD. Bitcoin continued to struggle in a queue for the second day. Over the last 24 hours, it has been down by 4.34%, and the BTC price has now fallen to 8300 USD price range. Yesterday, the coin touched … The...

Despite Lower Prices, Bitcoin’s Hashrate Remains Strong

26.9.2019
People watching cryptocurrency markets have been patiently waiting for prices to rise and the overall sentiment to change. However, one thing that’s been extremely bullish these days is how BTC’s hashrate has doubled in the last three months. Even with today’s sluggish crypto...

Appetite for Bitcoin Futures Is Growing

25.9.2019
After all the fanfare, fevered anticipation, and breathless media coverage, Bakkt’s launch of bitcoin futures on Monday was a damp squib. Despite the rollout of physically delivered BTC futures going without a hitch, volumes were low, while the less said about bitcoin’s price in...

Bitcoin’s Network Hashrate Plunges To 40% Flash Crash

25.9.2019
A piece of shocking news was observed in the industry after Bitcoin’s network Hash rate was dipped to record low at 57,700,000 TH/S from 98,000,000 TH/S. Within 14 hours, Hashrate dipped sharply to half of its previous value, which indicates that almost half of the security has been removed, which...

Japanese Cryptocurrency Giant BitFlyer Introduces 5 New Altcoins

25.9.2019
The Tokyo based crypto exchange BitFlyer is incorporating new 5 altcoins to its portal in the USA and Europe. Five altcoins are added in Europe, and three in the United States. In a recent Bitwise report, bitFlyer was acknowledged as ‘Real-10’ crypto firm in a report to the U.S. Securities...

Bitcoin (BTC) Faces Mayday, After 11% Loss it Confines to $8600

25.9.2019
BTC loses big over the last 24 hours to be placed at 8600 USD. It may seek the support of 8059 USD soon. Bitcoin has witnessed one of the worst days of recent times. Over the last 24 hours, it has been down by more than 11% and the value has been fallen to 8600 … The post Bitcoin (BTC) Faces...

Panic at 137 Bank Branches as RBI Limits Withdrawals to ₹1,000

25.9.2019
The Reserve Bank of India has imposed regulatory restrictions on a cooperative bank with 137 branches across India, including limiting customer withdrawals to a total of 1,000 rupees (approximately $14) per account for six months. Police personnel had to be deployed to control angry customers...

Market Update: Low Volumes and Uncertainty Shake Crypto Traders

24.9.2019
The majority of digital currency markets have lost a few percentages over the last few days as cryptocurrency trade volume has been waning. Since our last market outlook, more than $20 billion in global trade volume disappeared and this Tuesday’s market data shows there’s only...

OKEx Defends Itself from Wash Trading Accusations With a BTC 100 Bet

24.9.2019
After Blockchain Transparency Institute (BTI), the group of anonymous blockchain data researchers and enthusiasts, reported that a large majority of cryptocurrency exchange OKEx's volume is fake, the exchange’s CEO Jay Hao wants to challenge this claim with a bet worth BTC 100 (USD 970,000)....

Blockstack CEO Backs US Regulatory Outlook on Crypto

24.9.2019
Notable co-founder and CEO of blockchain-based computing network, Blockstack, Muneeb Ali has created a buzz with his statement on crypto regulatory regime. The spearhead in a recent interview on CNBC’s “Squawk Box” stated that he was cautiously optimistic about the regulatory pull emphasized by...

Major German Stock Exchange Group Launches Crypto Trading

24.9.2019
Boerse Stuttgart Group, which operates Germany’s second-largest stock exchange, has launched a regulated crypto trading platform, in partnership with Solarisbank. Customers can connect directly to the new exchange and trade bitcoin against the euro without a broker. Also read: Indian...

Bitcoin Loses Big in One Day; Falls to $9600

24.9.2019
Bitcoin loses 2.68% to reach 9600 USD overnight. The next support for BTC may come at 9496 USD. Bitcoin (BTC) has taken a drastic move over the last 24 hours and with an overall fall of 2.68%, it is now down to 9681 USD. It has shown five huge price swings in this period with … The post...

Bakkt Trades 71 BTC Futures Contracts in 24h, Bitcoin Unsteady Below USD 9.8k

24.9.2019
Bakkt’s much-anticipated Bitcoin futures contracts offerings saw just 71 contracts taken out in its first 24 hours of trading, while Bitcoin and most major altcoins are recovering slowly after market price drops. The market appears to have been shaken after BTC fell below the key USD 10,000 mark...

Bakkt Bitcoin Futures Contracts Went Live on September 23, 2019

23.9.2019
The long-awaited Bitcoin warehouse and futures contract facilitator, Bakkt platform witnessed its celebratory launch on Monday, i.e., September 23, 2019. After facing two delays and 13 months of scrutiny, the Intercontinental Exchange-backed, Bakkt opened doors for institutional investors to trade...

Crypto Market Sentiment Drops Further; BTC and XMR This Week’s Losers

23.9.2019
We find the average crypto market sentiment measure, Sentscore, for the top 10 coins by market capitalization at 5.01/10 this week, compared to 5.22 last Monday, thus dropping for the second week in a row, according to Omenics, a crypto market sentiment analysis service. For the third week in...

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