Markets

The Percentage of Mixed Bitcoin Used on Darknet Markets is Much Smaller Than You Think

Bitcoin mixing or Bitcoin tumbling which is used mainly for privacy reasons has reportedly been used at only 2.7 percent for illicit activities on the darknet market. A Chainalysis webinar states that a very small fraction of bitcoins involved in bitcoin mixing are used for illicit activities on the darknet markets. For those who aren’t […]

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Crypto Winter Returning to Altcoins as Double Digit Declines Decimate Markets

In a pattern that has been rinsed and repeated countless times this year, crypto markets are crumbling as Bitcoin failed to hold support. The altcoins are still hopelessly tied to their big brother so any pain for it is magnified for them. Over $20 Billion Exits Crypto Space Over the past 24 hours crypto markets […]

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Bitcoin Price Could Shift From $10K As Futures And ETFs Sway Markets

Bitcoin is settling around $10,000, and the chances of a major bull market in 2019 are all but over, new market data suggests. $20K Bitcoin ‘93% Unlikely’ This Year According to the analytics resource Skew, institutional investors are the latest cohort to flash more bearish about Bitcoin’s 00 prospects for the rest of this year.  […]

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Bitcoin’s Correlation to Traditional Markets Could be Problematic, Analyst

Author and financial analyst, Timothy Peterson, believes that Bitcoin’s growing correlation to Japan’s MSCI could end badly if traditional markets sharply correct. Bitcoin Correlation in Japan’s Markets Timothy Peterson, the author of Metcalfe’s Law as a Model for Bitcoin’s Value, recently tweeted a chart comparing the MSCI Japan in USD to Bitcoin in JPY from […]

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Crypto Markets Crash $35 Billion as Bitcoin Revisits Four Figures

The weekend has been a painful one for Bitcoin and crypto assets as markets continue to bleed out. A whopping $35 billion has been dumped from crypto market capitalization has it falls back to last month’s levels. Bitcoin Slides 10 Percent Bitcoin market dominance has remained high at over 66 percent which paints a grim […]

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Bitcoin Continues to Correct as Crypto Markets Bleed Billions

Yesterday’s Bitcoin pullback has extended into Friday as further losses are mounting. The selloff has slowed however as BTC searches for its short term bottom and traders seek buying opportunities. The overall trend for the past few weeks however has been sideways. Bitcoin Slides 14% in Two Days From a touch of $13,000 on Wednesday […]

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Crypto Markets Plummet Amidst BTC Instability, But the Worst Could be Over for Altcoins

After incurring some incredibly bullish buying pressure that sent Bitcoin running up to $13,000, the cryptocurrency was unable to maintain its strength and was sent reeling down to the lower-$12,000 region. BTC’s latest drop proved to be quite damaging for the crypto markets, as many altcoins are now trading down nearly 10%. Despite their recent […]

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Bitcoin YTD Gains Make Traditional Markets Look Stagnant; Will This Trend Continue?

Bitcoin and the aggregated crypto markets have been experiencing incredibly bullish buying pressure over the past several months, with BTC surging from year-to-date lows of below $4,000 to recently established highs around $13,800. The traditional equities markets are currently hovering right around their all-time-highs, and they have been having a very positive 2019 in spite […]

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Bitcoin Price Begins Consolidation; Markets Cooling Down

As the parties wind down in the US and the impending hangovers begin to fester, Bitcoin is taking a breather. In what appears to be the beginning of a consolidation phase, BTC has dropped around 8% on the day. Bitcoin Price Falls Back To $11000 The epic 25% bounce back from the depths of $9,600 […]

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Bitcoin Price Consolidates Back Over $12000, Markets Bullish

The long-awaited Bitcoin price correction has failed to materialize yet again as the king of crypto has held on to gains over the weekend. Consolidation around $12000 appears to be forming and the uptrend is still clearly very strong. Bitcoin Price Back Above $12000 Over the past 24 hours BTC has been slowly grinding higher […]

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Crypto Markets Dump $55 Billion as Bitcoin Correction Deepens

An inevitable correction has begun since crypto markets hit their giddy heights of $387 billion market capitalization on Thursday. Saturday morning paints a different picture as Bitcoin cools off heading south in a predicted pullback. Crypto Correction Deepens Since Thursday’s Bitcoin and crypto market peak things have taken a predictable turn south. Bitcoin fell from […]

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Crypto Markets Reach $300 Billion as Bitcoin Chases $10,000

Crypto markets have hit a new 2019 high; Bitcoin dominating, ETH, BNB and XMR moving, LEO enters top twenty.  Market Wrap It has been another fruitful Friday in crypto land. Markets have hit a new high for the year and as usual it is Bitcoin driving them. A total market cap top of $300 billion […]

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Bitcoin Barrels Towards $10k Lifting Crypto Markets to $300 Billion

It has been a fruitful Friday once again as Bitcoin reaches a new 400 day high of $9,800. The move has lifted total crypto market capitalization to its highest level since July 2018 as it touched $300 billion briefly. No Signs of Stopping Many had predicted that bitcoin would falter at the wall of resistance […]

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Bitcoin Price Blasts Through $9.3K as Crypto Markets Hit 11-Month High

A Sunday surge has sent bitcoin price barreling though resistance yet again as it tops $9,300. The move has lifted total market capitalization above $287 billion which is the highest it has been since July 2018. Bitcoin Price Hits 13-Month High There has been no lay in for traders in Asia this morning as bitcoin […]

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Report: Bitcoin Negatively Correlated With Traditional Markets

Bitcoin (BTC) trading platform SFOX has released a report on the volatility of the cryptocurrency market in May 2019, finding that the value of crypto is negatively correlated with the success of traditional markets. SFOX published the study on June 6, 2019, claiming that in May “BTC had a nearly perfect negative correlation with the […]

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Crypto Markets Dump $25 Billion as Bitcoin Pullback Fears Fester

A sharp rejection of resistance above $9k was not entirely unexpected. Bitcoin price has been poised to pass this level for the best part of the week. When it did, an instant fake out occurred and crypto prices plunged back a thousand dollars in a matter of hours. Crypto Market Cap Takes a Hit The […]

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Crypto Markets Hit Ten Month Peak as Altcoins Crank Higher

Crypto markets at new yearly high; BSV manipulated, ETH, BCH, IOTA, Cosmos, NEO and NEM flying. Market Wrap More momentum today has driven crypto markets to a new 2019 high. The majors are still holding gains and some are cranking double digits at the moment leading to calls of ‘altseason’ once again. Total market capitalization […]

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Analyst: Crypto Markets May Be Gearing Up for Massive Surge as Bitcoin Continues Climbing

Bitcoin has been on the up-and-up for several weeks and is now once again nearing the $8,000 region despite facing increased selling pressure earlier this week. Despite BTC’s upwards momentum, the aggregated crypto markets have generally failed to outperform Bitcoin since it first began surging. Regardless, one analyst is now expressing the belief that altcoins […]

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Crypto Markets Surge $18 Billion as Bitcoin Heads Back to $8K

The majority of BTC traders and investors were secretly hoping that Bitcoin price would correct all the way back down to $6k or lower. This would provide ample opportunity to accumulate for a bigger bull run later this year. Their hopes have been dashed this Sunday morning as Bitcoin surged again during Asian trading. Bitcoin […]

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Crypto Market Wrap: Bitcoin Dominating as Markets Retest 2019 Highs

Crypto markets back in action; Bitcoin surging above $6k, BCH and BSV following. Market Wrap Crypto markets have been bolstered back up to their highest levels of the year again today. There was no selloff in the wake of the Binance hack and Bitcoin has finally broke resistance and made it over the psychological barrier […]

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Bitcoin Price Regains $6000 Trajectory As Markets Shake Off Binance Hack

Bitcoin price was stabilizing close to $6000 on May 8 after new controversy over a cryptocurrency exchange sent markets tumbling.  What Hack? Data from Europe-based trading platform Bitstamp, which tends to offer Bitcoin price tracking at the lower end of the spectrum, put BTC/USD at $5840 as of press time Wednesday. The modest 0.6 percent […]

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Two Shockingly Similar Price Charts From Other Markets Hint At What’s Next for Bitcoin

The crypto market, and more specifically Bitcoin, is at an important inflection point in its existence. Having become a household nearly overnight thanks to the late-2017 media blitz that fueled the cryptocurrency’s meteoric ascent to its all-time high price of $20,000, and the resulting bubble pop that led to the longest bear market on record, […]

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Crypto Market Wrap: IOTA FOMO Keeping Markets Steady

Crypto markets lethargic on Monday morning; Bitcoin holding steady, Ontology dumping, IOTA mooning. Market Wrap Crypto markets are still pretty lethargic this Monday morning. Following a weekend of inactivity things still have yet to wake up for most crypto assets. Total market capitalization has remained above $170 billion as the sideways trading continues. Bitcoin has […]

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