With government bodies discarding cryptocurrencies and the private sector accelerating its foray into the cryptoverse, the general public is yet to take sides. In fact, several crypto-proponents have started to reach out to investors for their endorsement on the industry. A recent tweet shared by @Ta_Giggs has been gaining traction for all the right reasons. The...Read More
A 5,000 BTC dump on Bitstamp likely caused the bitcoin price flash crash that occurred during the early hours (UTC) of Friday (May 17, 2019). Bitcoin plunged to as low as $6,100 on the exchange but has since recovered over $7,000 over the past few hours. Whale Dump, ‘Fat Finger Error,’ or Bot Glitch A...Read More
By CCN.com: On May 17, within minutes, the bitcoin price plummeted from around $7,800 to $6,400 in a flash crash, recording an unexpected 18 percent drop. The bitcoin price briefly plunges to $6,400, recovers swiftly (source: coinmarketcap.com) The sudden decline in the bitcoin price led the valuation of the crypto market to plunge from $257...Read More
