Bitcoin had a relatively good week of trading as it recorded its highest price since the coronavirus crisis began in March. Yesterday, BTC peaked at above $7,200, marking an impressive daily run that sent the entire cryptocurrency market well in the green. The majority of altcoins were also charting double-digit increases. Since then, Bitcoin’s price...Read More
Executive Summary 13 March Market Crash Saw Highest Daily Volumes Ever The massive market crash on March 12-13 saw daily volumes hit $75.9bn in a single day (13 March) – the single greatest daily volume recorded in cryptoasset history. Most of this figure came from lower-tier exchanges ($54.3bn), with volume from Top Tier exchanges totalling $21.6bn (28.5%) – one...Read More
In brief: Tron (TRX) and BitTorrent (BTT) community member, pointed out that the Tron network has functioned flawlessly since its launch. For close to two years, the Tron Mainnet has continued to live up to expectations of the community. Its Bug Bounty program is one reason the network continues to thrive. The backbone of any...Read More
Bitcoin Bitcoin managed to increase by around 8% over the past 7-days of trading as the cryptocurrency climbed above crucial resistance at $6,800 today. Bitcoin had actually been trading within an ascending triangle and bounced from the lower boundary of this pattern 5-days ago, which allowed it to break above the upper boundary at $6,800....Read More
The coronavirus crisis affects many different businesses and industries. Even Bitcoin ATM operators cannot escape this problematic trend, as Bitcoin Depot is shutting its machines temporarily. The world as people knew it has perhaps changed forever since the coronavirus crisis. Coronavirus Spoils Bitcoin Depot’s Momentum Several facts of everyday life may never return to who...Read More
India is currently under a nationwide lockdown due to the coronavirus outbreak. News.Bitcoin.com talked to executives of local cryptocurrency exchanges to find out the impact of the lockdown on cryptocurrency trading. They revealed that more people are actually trading cryptocurrencies on their platforms since the lockdown began. Also read: IMF Declares Global Recession, 80 Countries...Read More
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Friday, April 3rd, the XRP keeps growing smoothly. It is generally trading at 0.1794 USD. On H4, XRP/USD keeps demonstrating the development of a correctional phase after a deep decline. The correctional trend is growing very slowly but steadily. The growth has reached 23.6% Fibo and keeps...Read More
With the start of April, Bitcoin is entering its best performing quarter of the year. History shows in five out of the last six Q2s, the primary digital asset has been well in the green. This year’s Q2 marked a 10% increase in a few days as well, and the community wonders if another positive...Read More
Yesterday Cryptopotato reported on one of the most impressive acquisitions within the cryptocurrency field. Binance struck a deal for an undisclosed amount of money to acquire the most popular data monitoring resource – CoinMarketCap. Naturally, given CMC’s massive userbase, a lot of members of the crypto community began to wonder how this will impact the future...Read More
Binance CEO, Chanpeng Zhao, is taking rounds of criticism coming from the crypto community at large, owing to his crypto exchange’s acquisition of popular coin rating platform, Coinmarketcap (CMC). Amid the various critics that have voiced disappointment for such a move by Binance, is Jay Hao, CEO of Binance’s rival cryptocurrency exchange, OKEx. The controversy...Read More
The dreadful situation in Spain caused by the COVID-19 outbreak is not delaying local authorities to send notices to taxpayers. Those include traders and investors in cryptocurrencies, who have quadrupled in the past year to 66,000. Spain To Tax 66k Crypto Investors The Spanish Tax Agency (Agencia Estatal de Administracion Tributaria or AEAT) began sending...Read More
The chairman of the Russian State Duma Committee on Financial Markets has confirmed that the bill which provides the regulatory framework for cryptocurrencies in Russia has been completed. The official explained key features of the bill, including how cryptocurrency exchanges and miners will be regulated. However, the bill’s adoption has been delayed due to the...Read More
