Coincidentally, in the days following the hack, there was a large marketwide dip — Bitcoin and Ethereum dropped 11 and 15 percent, respectively.
On a small positive note, Bithumb promised to fully reimburse all those who had cryptocurrency stolen from them.
Many critics argue that EOS is guilty of violating ‘decentralization’ and ‘immutability’, the most basic essences of blockchain technology.
This week, The U.S. Securities And Exchange Commission (SEC) announced it would not be classifying Bitcoin and Ethereum as securities.
Image courtesy of Twitter, Shutterstock
The post 6 Reasons Why Bitcoin Price is Down — (And Some Positive News Too) appeared first on Bitcoinist.com.
Bitcoin had an exciting weekend filled with sharp volatility and historic price movements, leaving the market buzzing with anticipation. The cryptocurrency pushed above the $108,000 mark, reaching a new all-time high (ATH) of $109,350.
As Bitcoin (BTC) navigates a turbulent period marked by increased volatility and a significant correction in cryptocurrency prices, market analyst Lark Davis has shed light on a potentially promising trend.
Bitcoin has experienced a rollercoaster ride over the past couple of weeks, showcasing its trademark volatility. After reaching an all-time high (ATH), the leading cryptocurrency saw its price drop by 15%, testing the $92,000 mark as a crucial support level.
Data shows a large amount of liquidations have piled up on cryptocurrency exchanges during the past day as Bitcoin and the altcoins have crashed. Bitcoin & Other Assets Have Witnessed Bearish Action In Last 24 Hours The past day has been a volatile time for the cryptocurrency sector as the US Federal Reserve has revealed […]
Launched in 2009, Bitcoin has massively surged as the flagship cryptocurrency recently hit an all-time high of $106,533. Since the U. S. presidential election, the value of the cryptocurrency has increased by at least 50 percent.
Bitcoin surged past the $86,000 mark today, setting a new all-time high and propelling the global cryptocurrency market capitalization beyond the $3 trillion milestone. The flagship cryptocurrency has jumped 7% in the last 24 hours, reflecting a significant uptrend as it enters a period of price discovery.
Bitcoin (BTC) kicked off October on a rather subdued note, surging approximately 2% on Monday to $63,718. Despite this decline, the cryptocurrency has demonstrated solid performance over the past month, recording a growth of around 10%.
Bitcoin showcased its correlation to traditional markets on Aug. 1 as the cryptocurrency slumped alongside stocks and market indexes. Bitcoin (BTC) has declined over 10% since July 29, when the cryptocurrency surged toward $70,000 and reached a two-month high after…
The past few weeks have been a rollercoaster ride for Bitcoin investors. Fears of inflation and geopolitical tensions sent shockwaves through the cryptocurrency market, dragging Bitcoin and its altcoin brethren down to depths not seen since early 2024.
Argentina and El Salvador, both facing economic struggles, are taking vastly different approaches to cryptocurrency. While El Salvador became the first country to adopt Bitcoin as legal tender in 2021, Argentina’s new president, Javier Milei, is taking a more measured route, prioritizing regulation and differentiation between the crypto and the broader cryptocurrency landscape. Bitcoin Distinction […]
Cryptocurrency traders are accustomed to Bitcoin and other assets charting their own course, often independent of traditional stocks and industries. However, recent highs in the S&P 500 and gold markets are generating a buzz within the crypto community, with many anticipating a positive divergence that could drive BTC and altcoins […]
While the idea of any cryptocurrency surpassing Bitcoin (BTC) in market capitalization may seem far-fetched to some, the potential of Option2Trade (O2T) cannot be underestimated. With its unique blendThe post Bigger than Bitcoin?: Here's why A.
In the last week, Bitcoin has garnered much attention, gaining 2. 58 % in seven days, according to data from CoinMarketCap. During this time, the premier cryptocurrency has moved from trading around $37,800 to almost breaching the $39,000 price mark.
Quick Take Over the past three months, the Bitcoin landscape has presented a striking anomaly. Bitcoin, the flagship cryptocurrency, has experienced a 20% surge, climbing near its year-to-date (YTD) high, around $35,000.
OK Trading firms and cryptocurrency enthusiasts have been buzzing with activity as Bitcoin’s resurgence has stirred up the market, rekindling hopes of a major bull run. With Bitcoin’s current price listed at $34,136 according to CoinGecko at the time of writing, the cryptocurrency has gained 0.
Bitcoin found support at $25k (again) YTD performance remains impressive A dovish Fed may trigger even more strength Cryptocurrency investors may have been disappointed by the lack of volatility during the summer months—after all, Bitcoin, the leading cryptocurrency, only consolidated levels.
The price of Bitcoin quickly surged by 5% yesterday, allowing the number one ranked cryptocurrency to reach as high as $26,520 during the period. The cryptocurrency has since retreated to $26,000, but the sudden revival has traders leaning toward a more optimistic end to September.
Cryptocurrency has become a global phenomenon, revolutionizing the way we think about money and transactions. At the forefront of this digital revolution is Bitcoin, the world's first decentralized diThe post Bitcoin Spark takes center stage: The latest cryptocurrency news appeared first on AMBCrypto.
Bitcoin stormed the blockchain technology, bringing a lot of hype to media platforms. The Bitcoin bull run happened in 2013 when the virtual currency surged 6000%. The Cryptocurrency has the potential for massive development.
Bitcoin (BTC) is the first and largest cryptocurrency by market cap. However, the cryptocurrency landscape has greatly evolved since its creation in 2009. And Bitcoin Spark (BTCS), a new crypto project with a real-world product, is challenging Bitcoin’s supremacy by paving the way for a new era of cryptocurrency use cases. Bitcoin news BlackRock (BLK) […]
Peter Schiff, a well-known critic of Bitcoin, has voiced his doubts on the recent Bitcoin rally that catapulted the cryptocurrency's value to $28,000 following the news that major Wall Street firms have launched a new cryptocurrency exchange
It has been a relatively stable week for Bitcoin, with the leading cryptocurrency by market capitalization witnessing minimal fluctuations in its price.
Bitcoin (BTC) investors have been closely monitoring the cryptocurrency market in recent days due to Bitcoin’s significant drop in price. The market’s largest cryptocurrency has shown a downtrend in its price action and has lost its key support level at $27,200, which was previously noted by the 50-day moving average (MA).
Unless you just landed from another planet, you must have heard about Bitcoin. Bitcoin is a popular virtual currency, otherwise referred to as cryptocurrency. The mysterious entity, Satoshi Nakamoto, is behind Bitcoin’s development and introduction.
Introduction Even in 2023, Bitcoin is the best-known cryptocurrency and a staple of the crypto market. After all, it was the first real cryptocurrency designed as a means of payment free of the control of any third party, be it government or corporations.
The bitcoin price zoomed past the psychologically-crucial $30,000 mark as the flagship cryptocurrency continued a bull run that began at the beginning of this year.
One observer said poor order book depth is primarily responsible for bitcoin's rally, while others pointed to the cryptocurrency's sound money appeal and Fed pivot speculation as bigger catalysts.
One observer said poor order book depth is primarily responsible for bitcoin's rally, while others pointed to the cryptocurrency's sound money appeal and Fed pivot speculation as bigger catalysts.
While capital flowed into bitcoin amid a period of uncertainty, the cryptocurrency’s fractured liquidity arguably played the largest role in its surge.
Bitcoin finds support at $20k Many cryptocurrency companies had exposure to SVB Bitcoin investors should keep an eye on the S&P 500 and the Fed Cryptocurrency investors had a rough 2022.
Bitcoin is trending in the red in synchrony with a calendar date celebrated by millions, San Valentin; the cryptocurrency is showing anything but love to short-term investors. Following an important rally from a low of $16,500, the cryptocurrency began a descent amid an increase in regulatory scrutiny against the industry.
Bitcoin continued to slide Friday after losing support at the $23,000 level on Sunday. At press time, the largest cryptocurrency by market capitalization was trading at $21,749 after a 1.97% drop in the past 24 hours.
Bitcoin keeps moving with no clear direction in the first week of 2023. Following a rejection from a critical resistance zone, the cryptocurrency returned to its range and could be gearing up for a re-test of support.
Bitcoin, which made its debut in 2009, was the first decentralised cryptocurrency and payment system to gain widespread acceptance. In this article, we explore some advantages of Bitcoin’s decentralisation, and cover the basics of how to purchase the world’s most popular cryptocurrency.
Cryptocurrencies have shown to be the future of digital trading due to their steady growth over the years since the introduction of the first pioneer cryptocurrency, Bitcoin. Altcoins that want to extend the crypto market follow in this great innovation’s footsteps.
Since the total value of all cryptocurrencies is over $1 trillion, cryptocurrency markets opened up positively. Bitcoin and Ethereum have exhibited strong upside this week following the cryptocurrency market’s last-week exit from the bearish zone, with BTC up over 13% and Ether up 11.
In the past week, Bitcoin and the broader cryptocurrency market have demonstrated a significant trend reversal by gaining 8 percent in a short period of time. Following its decoupling from U. S. equities, the largest cryptocurrency in the world has been attempting to catch up with this relief bounce.
On Monday, the cryptocurrency and Bitcoin market turned positive, attempting to break out of its current downturn, with market capitalization rising 1. 5% to $1. 37 trillion. The largest cryptocurrency, Bitcoin , reached $30,554, up 1.
As the markets sank, investors are picking off cryptocurrency assets for cheap. It appears that Bitcoin is the most preferred cryptocurrency for these dip buyers.
Last week saw one of the largest losses of value in the history of cryptocurrency. Bitcoin and the general crypto market crisis was hit by the Terra ecosystem’s collapse. Bitcoin plummeted to under $30,000.
Bitcoin took another leg lower this weekend, and it now trades close to its 2022 lows. After reaching $40,000 in May, it dropped sharply on generalized US dollar strength. Because Bitcoin is the leading cryptocurrency, its fluctuations influence the entire cryptocurrency market.
Bitcoin (BTC) is set for choppy price action, although upside appears to be limited as momentum slows. The cryptocurrency could remain in a trading range until a decisive breakout or breakdown occurs.
Bitcoin, the largest cryptocurrency dropped to a more than two-week low given the fears of a possible Russian invasion of Ukraine. Some predicted that the flagship cryptocurrency could slide toward tThe post Why the figure of 54.
The Ontario Securities Commission (OSC) has filed a lawsuit against Troy Richard James Hogg for selling unregistered securities in an ICO where he raised $51 million.
The post Ontario Securities Commission (OSC) Files Lawsuit for $51M Dignity Token Asset Offering appeared first on BeInCrypto.
Grayscale CEO Michael Sonnenshein has told investors he is ready for a spot bitcoin exchange-traded fund (ETF) regardless of what the Securities and Exchange Commission (SEC) says.
The post Grayscale Prepares Itself for SEC Ruling on Spot ETF appeared first on BeInCrypto.
The Chairman of the U.S. Securities and Exchange Commission (SEC) says he doesn’t see cryptocurrencies lasting long.
The post SEC Chairman Doesn’t See Long Term Viability for Cryptocurrencies appeared first on BeInCrypto.
Wall Street investment bank Morgan Stanley holds a substantial sum of Bitcoin-related assets according to a filing with the U.S. SEC.
The post Morgan Stanley Holds 28,000 Grayscale Bitcoin Trust Shares, Valued Over $800,000 appeared first on BeInCrypto.
In this series of articles, BeinCrypto explores the state of various cryptocurrency ETFs in the United States. This particular article will focus on the Kryptoin bitcoin ETF, which was first introduced in 2019.
SEC Chairman Jay Clayton will step down from his role by the end of 2020. Crypto-friendly Gary Gensler is among the rumored replacements. United States Securities and Exchange Commission (SEC) Chairman Jay Clayton will step down from his role by the year’s end.
How did Block.one make it out relatively unscathed by the SEC, and what are the greater ramifications of its ICO settlement?
The post Op Ed: Key Takeaways From Block.one’s $24M Settlement With the SEC appeared first on Bitcoin Magazine.