Searches for “Bitcoin” have jumped considerably over the past thirty days, according to the Baidu Data Index. Such interest coincides with other indications that investors increasingly view the present market condition as a chance to pick up Bitcoin at a steep discount. Bitcoin Buyers See Clear Opportunity Shenliancaijing has issued a report (Chinese) showing that […]
Whereas crypto markets are known for volatility, Bitcoin has not experienced price swings on the present scale since 2014. Although the current global turmoil no-doubt plays a role, investors increasingly believe market manipulation is also to blame. Crypto Community Blames The Bitcoin Whales Forty percent of respondents in a Bitcoinist poll are convinced that whales […]
This liquidity crunch and ensuing government intervention is laying the foundation for bitcoin’s adoption as a safe haven asset.
On Friday Wells Fargo announced that in response to the COVID-19 outbreak it would be suspending evictions, residential foreclosure property sales, and automobile repossessions. These moves may appear altruistic, yet taking steps to allow customers to purchase bitcoin would be an equally beneficial service. Banks Now Making Major Concessions, But when Bitcoin? Wells Fargo is […]
Week-to-date, Bitcoin is up double-digits. After a cataclysmic and depressing fall, BTC price is up 68% in the last trading week and looking likely to breach $7,000 amid high trading volumes. However, with the negative impact of coronavirus–which from general observation, is resistant to massive quantitative easing efforts from Europe, the UK, and the United […]
Coinspeaker Blockchain Technology is Advancing Rapidly, the Next Bitcoin is the SAKT! SAKT wallet is an automatic program for the management of blockchain digital assets, launched on the Coinbte exchange. Blockchain Technology is Advancing Rapidly, the Next Bitcoin is the SAKT! Continue reading at Coinspeaker
Last week, Bitcoin plummeted from $7,500 to $3,800 at the extreme point of the low, as a result of a coronavirus panic-induced selloff combined with a liquidity crisis and potential DDoS attack on BitMEX that created a cascade of liquidations driving the price of Bitcoin down at a rapid rate. But rather than clean up […]
After a three-day rally from $5,400 to $6,900, Bitcoin has been dealt a significant blow by bears, who just minutes ago pushed the cryptocurrency under $6,000 after the 28% rally that some argued was a precursor to a bull trend. As it stands, BTC trades at $5,800, 16% below the local top. Although a bearish […]
Elon Musk has always been a person who is both loved and hated on social media. Some of his recent Tweets related to the coronavirus have gotten him a lot of negative attention, which was to be expected. Some of the Tweets by Elon Musk are simply designed to taunt people. Elon Musk Gets Backlash […]
In Part One of this treatise, we examined the fundamental relationship between Bitcoin and privacy by going back to the beginning with the whitepaper. In spite of some excellent privacy preserving options that have been available to users since those early days, we seem to have taken a few wrong turns. But to fix it, […]
Over the past few days, Bitcoin saw some bullish price action for the first time in weeks. This rally took the asset as high as $6,900, up 80% from the $3,800 bottom seen last week and up 28% from the $5,400 baseline. Unfortunately, it ended abruptly just hours ago, with the cryptocurrency seeing a strong […]
Bitcoin has shown substantial stability in the last few days as legacy markets continued to crash, per Bloomberg, March 21, 2020. After the correlation between Bitcoin and the S&P 500 hit an all-time high over the last week, can Bitcoin make a move and set the tone for the revival of its safe-haven narrative? Stability in Bitcoin […]
Bitcoin and crypto exchange company Bitfinex, announced today it will be removing 87 token trading pairs due to low levels of liquidity. The removal of these trading pairs will serve to consolidate and improve liquidity on Bitfinex; resulting in a more streamlined and optimized trading experience for users. The trading pairs listed below will cease […]
Tether, the stablecoin leader, has announced that it is launching on Bitcoin Cash as well. The Bitcoin Cash protocol uses a sub-protocol, called the Simple Ledger Protocol (SLP), to issue tokens on top of the blockchain base layer, per Bitcoin News, March 21, 2020. Stablecoins for Tumultuous Times The recent market crash bolstered the value proposition of […]
In these uncertain times, there seems to be little to be cheerful about. But as global chaos and social distancing are the order of the day, now, more than ever, you should be thankful you’re HODLing bitcoin. Here are five reasons why. 1. Bitcoin Avoids the Great Devaluation Perhaps one of the most curious things […]
Bitcoin’s rejection of coronavirus bear movements sees it near $6,700 as traditional markets, devoid of trust, fall far behind. Bitcoin (BTC) is now turning the ongoing coronavirus disaster into a cause for gains — the cryptocurrency is up 80% in just one week. As the effects of the pandemic on traditional markets intensify, Bitcoin has […]
The open-source Baseline Protocol allowing private systems to be built on the public Ethereum blockchain has been made publicly available on GitHub. The open-source Baseline Protocol code allowing private systems to be built on the Ethereum public blockchain has now been published to GitHub, as of March 19. This means that the EY, Microsoft and […]
Prices in the crypto market are seeing such a steep upward trend that arbitrage traders are able to trade between exchanges to easily capture profit.
A bitcoin privacy technology is seeing more usage as the global markets tank.
Financial regulators in Hawaii have introduced a regulatory sandbox for cryptocurrency businesses in the State as a way of developing clear-cut laws for the emerging digital economy. Two-Year Sandbox for Cryptocurrency Firms in Hawaii Hawaii’s governor’s office released a press statement on Tuesday (March 17, 2020) announcing the creation of the regulatory sandbox for cryptocurrency […]
Bitcoin is struggling to gain momentum above $5,500 resistance against the US Dollar. If BTC price breaks the $5,000 support, it could start a major decline in the near term. Bitcoin is currently trading in a range between $5,000 and $5,500 against the US Dollar. A break below the $5,000 support could set the stage […]
Introduction How one’s focus can shift in just two weeks! While today everybody in the Bitcoin space seems more concerned with price fluctuations in response to the global financial panic (understandably so), it’s important to remember perennial issues that never go away, like the importance of maintaining your privacy when you transact in bitcoin. Throughout […]
For a change, Bitcoin price held steady at $5.3K as equities markets dropped to 2017 levels over continued fears of the Coronavirus and its economic impact. Yesterday was another abysmal day for the S&P 500 and Dow as both markets dropped 5.18% and 6.30%, nearly erasing the entirety of the gains each market accrued since […]