Crypto markets see a sharp decline, Bitcoin dipped below $6,300 with Ethereum nearing the $200 mark Wednesday, Oct. 10: Crypto markets have suffered a sharp decline within an hour, with Bitcoin (BTC) plunging below the $6,300 threshold, and the top altcoin Ethereum (ETH) nearly touching $200. According to CoinMarketCap, virtually all the top 100 cryptocurrencies… Continue reading Crypto Markets See Sharp Drop-Off on the Day, Bitcoin Dips Below $6,300
Category: Bitcoin
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Markets Trade Sideways, Bitcoin Touches $6,600 Earlier Today
Crypto markets continue trading sideways, with 16 out of top 20 coins by market cap slightly down after yesterday’s growth. Tuesday, Oct. 9: Crypto markets keep trading sideways, with almost all top 20 coins by market cap in the red after seeing some growth yesterday. Market visualization from Coin360 Bitcoin (BTC) is slightly down around… Continue reading Markets Trade Sideways, Bitcoin Touches $6,600 Earlier Today
Report: Oldest UK Crypto Exchange Coinfloor Laying Off Staff
U.K .digital currency exchange Coinfloor is reportedly laying off the greater part of its staff amid a “business restructure.” British cryptocurrency exchange Coinfloor is laying off the majority of its staff, news outlet Financial News reported Oct. 8. Coinfloor is a London-based digital currency trading platform founded in 2013. Coinfloor is reportedly the oldest… Continue reading Report: Oldest UK Crypto Exchange Coinfloor Laying Off Staff
Bitcoin Price Analysis: BTC Accumulates, Bull Break-Out Likely
Law and order dominates. Inevitably for policy makers, they are now drafting laws after realizing Bitcoin and cryptocurrencies are here to stay. Regulators in Japan, South Korea and Thailand were the first to pick up early signals but now, the wave is sweeping across Europe. Overly this is good and could help drive Bitcoin and… Continue reading Bitcoin Price Analysis: BTC Accumulates, Bull Break-Out Likely
Crypto Markets Stay Mostly Stagnant Despite This Week’s Major News for Industry
Crypto markets keep being stuck despite big news, including institutional investments in crypto, and the SEC’s establishment of a Bitcoin ETF review deadline. Saturday, Oct. 6: crypto markets keep remain fairly stable on the day, despite this week’s major news in the industry, including institutional investments and an update from the SEC on their highly-anticipated… Continue reading Crypto Markets Stay Mostly Stagnant Despite This Week’s Major News for Industry
Bitcoin Volatility Hits 17-Month Low, What’s Next?
Bitcoin’s volatility rates have hit a 17-month low, due to a combination of a slow news cycle and low trading volume, leading some investors to believe that the lack of volatility could signal a maturing market. Despite this, debate remains as to whether or not a stable Bitcoin is a positive sign for its future.… Continue reading Bitcoin Volatility Hits 17-Month Low, What’s Next?
Maturing Cryptocurrency Market Sees the Days of the “Crypto Cowboys” Dwindle
Blockchain and cryptocurrency, although long posing a promising digital solution to many of the issues associated with archaic monetary and digital systems, may soon be growing out of its “Lambo” and “Crypto Bro Club” phase as the technologies see greater mainstream adoption rates. The recent blockchain week in San Francisco points to the fact that… Continue reading Maturing Cryptocurrency Market Sees the Days of the “Crypto Cowboys” Dwindle
Blockchain Capital Expert: ‘Bitcoin Is Close to Bottoming’
Expert at Blockchain Capital and former Bitcoin analyst Spencer Bogart has predicted that the Bitcoin price has nearly hit its bottom. Spencer Bogart, an expert from digital currency and blockchain venture firm Blockchain Capital has said that the Bitcoin (BTC) price has nearly found its bottom, CNBC reported Oct. 5. Speaking on CNBC’s “Fast Money,”… Continue reading Blockchain Capital Expert: ‘Bitcoin Is Close to Bottoming’
Report: Coinbase Negotiation Could Value Crypto Exchange at $8 Billion
Tech media site Recode reports that crypto exchange Coinbase is in negotiations that could increase the firm’s value to $8 billion. San Francisco-based cryptocurrency exchange and wallet service Coinbase is finishing negotiations that would value the company at $8 billion, technology news site Recode reports Oct. 2. Citing anonymous sources familiar with the matter, Recode… Continue reading Report: Coinbase Negotiation Could Value Crypto Exchange at $8 Billion
ShapeShift CEO Erik Voorhees Refutes WSJ Reports of ‘Dirty Money’
Crypto exchange ShapeShift has refuted WSJ reports of it being used to launder $9 million. Cryptocurrency exchange ShapeShift has refuted a recent Wall Street Journal report that $9 million in ill-gotten funds went through the exchange, according to an announcement published October 1. On September 28, WSJ released an article dubbed “How Dirty Money Disappears… Continue reading ShapeShift CEO Erik Voorhees Refutes WSJ Reports of ‘Dirty Money’