Search
Close to 11 Million BTC Haven’t Moved in Over a Year
13.1.2020
According to a new research report published by Digital Asset Data, more than 10 million BTC has been sitting dormant for a whole year. Data shows that unmoved bitcoins account for roughly 59% of the current minted supply and it’s the largest number of dormant coins since the start of 2017....
Germans Rush to Buy Gold as Draft Bill Threatens to Restrict Purchases
27.12.2019
Reports have emerged depicting long lines in front of a physical gold sales location in Germany, in view of pending legislation which would once again lower the anonymous purchase limit, this time from €10,000 to €2,000. The last drop happened in 2017 when the limit was set...
2019 Google and Yahoo Searches for Bitcoin Decline Significantly
24.12.2019
2019 was an interesting year for cryptocurrencies. Some would say it wasn’t as bad as the crypto winter in 2018 and others would note it wasn’t as great as bull run 2017. One thing’s for sure, ever since the all-time price highs, interest in cryptocurrencies has been waning....
Another Chinese Lender Bailed Out After Bank Run
3.11.2019
Yichuan Rural Commercial Bank, a lender operating in the central Henan province, has become the latest Chinese bank to be bailed out by the government this year. The small financial institution, which has around 30 branches only in the Yichuan county, experienced a bank run sparked by rumors that...
Speculation Abounds Over the Cause of Bitcoin’s Recent Rally
29.10.2019
Crypto’s most recent bull run began last Friday, October 25, after a significant plunge in prices just days earlier that had some prognosticators worried about a return to late 2018 and early 2019’s bleak crypto winter. Since the recent spike, prices have held relatively steady...
Cash Runs Dry at ATMs as Protests Escalate in Chile
26.10.2019
There’s a lot of unrest in Chile right now as the country has seen massive protests against government manipulation and an escalation of financial problems. Local reports detail a few banking establishments have been burned after customers started having issues withdrawing cash from ATMs....
Economic Turmoil in Hong Kong Escalates as Colonial-Era Law Is Imposed
8.10.2019
Colonial-era law has been imposed in Hong Kong causing the economic situation to degrade further, with empty ATMs and bank runs becoming a new norm. Protestors and non-protestors alike fear the martial law-like ERO (Emergency Regulations Ordinance) could eventually grind the city’s financial...
McAfee to Launch Decentralized Token Exchange With No Restrictions
6.10.2019
On the heels of launching his crypto platform, McAfee Magic, the former antivirus software tycoon John McAfee plans to launch a distributed exchange on Monday, October 7. ‘McAfeedex’ will run on the Ethereum blockchain and McAfee insists the exchange will have no restrictions. Also...
Hong Kong Protest Leader Hopes to Incite Run on Chinese Banks
16.8.2019
The 11th week of protesting in Hong Kong has passed as the world has witnessed massive sit-ins at the national airport and demonstrations across several locations citywide. The 2019 anti-extradition bill protests have affected Hong Kong’s local economy, investors have dumped on the benchmark...
Deutsche Bank Collapse Could Crash Global Financial Markets
21.7.2019
German financial services giant Deutsche Bank AG is one of the largest and most important economic institutions in the world. Mainly due to self-imposed scandals, the bank is now having to taking drastic measures to stay afloat. Investors everywhere should note that if such a critical piece of...
Bitcoin Price Analysis: Bulls are Back in the Race as BTC Shoots Above $10,500 Again
19.7.2019
Bitcoin price resumes its position above 10,500, forms support near $9800 and $10,000 BTC currently battling with resistance below $10,600 BTC has reached above 10,000 only in 2 hours, $9321.17 has acted as a strong support A steady surge above $10,700 is anticipated if Bitcoin manages to clear...
Bitcoin (BTC) After Crossing $12,000 To Abut The Newest High Record $13,000
26.6.2019
Bitcoin (BTC), the father of the crypto market, is acing towards the newest highs of the year, leaving behind all the past records to make a new one in its name of glory. It was 4 days back on 22nd June when Bitcoin crossed $10,000 to let the community know that Bitcoin is Back! Nonetheless...