After having remained below the $10k-mark for a long time, Bitcoin’s price was able to overcome the resistance, before briefly surging past $12k recently. While Bitcoin did note a minor correction on the charts over the last few days, the coin’s price action remained promising. At the start of the year, most commentators had agreed...Read More
XRP hasn’t done too well in the past 12 months, plunging by 47% since Jan. 1st, 2019. For some perspective, Bitcoin has gained a jaw-dropping 90%, surging on the back of a confluence of factors, which includes a capital flow from altcoins to the market leader BTC.Tis the season to feast on the tears of...Read More
Digital currency prices have slumped again as the entire crypto market capitalization has dropped below $200 billion. At press time, most of the top digital assets are down a few percentages after gathering some gains over the last few days. With multiple coins getting rejected after trying to surpass upper resistance, skeptics think crypto prices...Read More
While the creation of Bitcoin has spawned an entire industry of cryptocurrencies and blockchains that are used by individuals around the world, this nascent market remains small.Related Reading: Crypto Tidbits: Deutsche Bank Gives Nod to Bitcoin, EOS to Host Social Media, France Digital CurrencyAs Mati Greenspan, founder of Quantum Economics and a former eToro senior analyst,...Read More
Bitcoin price has gained this week but what’s behind the move? | Source: Shutterstock This week brought a small reprisal for bitcoin price and the broader cryptocurrency market as it witnessed $20 billion added to its total market cap by late Tuesday. This was also reflected by an approximate 10% gain for BTC alone; so...Read More
The U.S-China trade war has left both nations’ economies in a state of distress, accelerating geopolitical tension. However, several analysts speculate that the ongoing trade war between two of the world’s largest economies has been beneficial to Bitcoin. Bitcoin’s entry into the monetary world was during a period of economic recession and the coin’s resistance...Read More
The New York Supreme Court ruled that the matter between the state’s Attorney General and iFinex, the parent company of the exchange Bitfinex, may continue. The New York Supreme Court ordered the New York Office of the Attorney General (NYAG) to process with their investigation and prosecution of iFinex, the parent company of cryptocurrency exchange...Read More
A Florida federal judge has denied self-proclaimed Bitcoin inventor Craig Wright’s motion to dismiss a lawsuit concerning the alleged theft of a huge amount in Bitcoins from a former business partner, Dave Kleiman. According to a court filing from August 15, Florida judge denied a request made by Craig Wright to scamper a lawsuit filed...Read More