Bitcoin (BTC)
Ethereum (ETH)
Bitcoin Cash (BCH)
The Bitcoin pre-halving bull run continues as the number one cryptocurrency pulled off another stunning rally to reach $10k on Thursday, May 7. This price rise represents the first time BTC has managed to hit five figures since the brutal market selloff back in March that saw its price drop to below $3,800.
On May 5, Ripple Labs was slammed with yet another lawsuit, this time on alleges of misleading investors and driving false demand by conducting an “unregistered offer and sale of securities.” And while investors half expected the XRP market to be rocked, the cryptoasset appeared to brush off the news and even continued trading higher over the next couple of sessions.
Bitcoin put up a stunning rally to cross the $9K price level, going as high as $9,479. Needless to say, other altcoins joined the uptrend and posted significant gains of their own, with Ethereum going above $220 for the first time since March.
Less than two weeks to the long-awaited Bitcoin halving, the number one cryptocurrency looks to have resumed its bull run that was interrupted by the COVID-19 pandemic. Bitcoin recently broke through the $8,000 barrier in a spectacular series of green candles over the last trading sessions.
The COVID-19 pandemic continues to wreak havoc across global economies. But even before the crisis, the South American nations of Argentina and Venezuela were embroiled in financial turmoil. Now both countries are turning to blockchain technology and cryptocurrency in an effort to combat the financial fallout that is only deepening as COVID-19 sweeps across the region.
April 20th was a historical day for global financial markets as the price of oil tanked below zero, closing at -$36 per barrel of crude at market close. Never before has an oil crash of this magnitude occurred in anyone’s lifetime and uncertainties abound. While Bitcoin clings to key support levels.
Facebook Inc. and its partners have revamped their initial cryptocurrency project plan to issue a multi-currency Libra Coin in an attempt to ease global regulatory concerns. The main highlight of the new plan is the proposed move away from Libra’s original vision of a global digital currency backed by national currencies and into a range of single-currency stablecoins.
Search engine giant, Google has removed several malicious extensions on its popular web browser, Google Chrome. Apparently, these programs were mimicking a number of cryptocurrency wallet apps like Ledger, MyEtherWallet, Trezor, Electrum, and others, in order to steal the private keys and other sensitive information of users.
The price of Bitcoin (BTC) suddenly dropped below the $7,000 key support level for the first time in the last four days. This 5% drop in the last 12 hours is a telling reminder that volatility continues to ravage the crypto markets. Ethereum, XRP and other altcoins also posted declines, losing values of between 5-8% within that time frame. Is this the end of the BTC pre-halving bull rally?
Bitcoin Cash (BCH) just completed its first-ever halving since its 2017 fork away from Bitcoin (BTC). The fifth-largest crypto asset by market capitalization saw its miner rewards slashed in half from 12.5 BCH to 6.25 BCH to BCH 6.25 per block and thereby reducing the supply of new coins circulating the market.
Bitcoin looked like it was going to launch the second quarter of 2020 with a stunning rally past the $6850 resistance level. As of April 2nd, the price of BTC rose to a new current high of $7,236 before sharply pulling back to below $6,750.
The price of Bitcoin is still battling the $6,700 and $6,850 resistance levels. Ethereum is changing hands above the $135 price level, while XRP is testing the $0.18 resistance following a recent rally above $0.17.
The price of Bitcoin is still battling the $6,700 and $6,850 resistance levels. Ethereum is changing hands above the $135 price level, while XRP is testing the $0.18 resistance following a recent rally above $0.17.
The price of Bitcoin could surge to a whopping $100,000 and an equally impressive market capitalization of $2 Trillion, according to some of the most notable voices in the cryptocurrency industry. Binance CEO, Chanpeng Zhao and ZeroBlock co-founder, Dan Hedl both recently took to Twitter to express their reactions to the various economic stimulus packages being thrown around, the latest of which is the 6 Trillion dollar war chest to be unleashed by the United States.
In the aftermath of last week’s cryptocurrency market bloodbath, Bitcoin and other altcoins are beginning to see a downside correction in price. BTC broke through the $5.3k resistance and shot all the way above $6000 support level in a series of green candles over the last couple of sessions. Similarly, most major altcoins are beginning the climb back to recovery and are approaching key support levels. Overall, the crypto market cap rose by $23.8 billion in the last 24 hours.
Coffee giant Starbucks may soon allow customers to pay for their drinks using Cryptocurrency derivatives exchange, Bakkt recently announced that it has launched an early access program that integrates Bakkt Cash with the Starbucks mobile app. At the moment, however, this crypto payment option is only available for Starbucks customers in limited beta.
Widespread panic of the coronavirus pandemic has wracked the cryptocurrency market. Bitcoin has experienced its worst crash since 2013 and is no longer being touted as a safe haven asset during times of global uncertainty.
After nearly a month of being shut down following a massive hack, the IOTA network is finally back online. The IOTA Foundation relaunched its network after dealing with the fallout from the Feb. 12 attack on its Trinity Wallet which saw around 8.55 million MIOTA — approximately $2 million — stolen from users.
The number one cryptocurrency, Bitcoin (BTC) has returned to trading above the $9,000 level on Thursday, March 5 on a bullish run that saw it rise from the $8900 level to nearly $9100 in a single hour of trading. Tezos (XTZ), the 10th most valuable crypto by market cap leads the rest of the altcoins on the current rally with double-digit gains.
After nearly two years of uncertainty, cryptocurrency exchanges and investors in India can finally breathe a huge sigh of relief as the country’s Supreme Court ruled against a decision imposed by the Reserve Bank of India banning cryptocurrency entities in Asia’s third-largest economy. Token prices of crypto exchanges in India have seen a sharp increase and investor sentiment has been unanimously positive.
Litecoin Foundation recently announced its partnership with blockchain technology project, MeconCash to integrate Litecoin (LTC) into its M.Pay platform. This deal will allow Litecoin holders in South Korea to withdraw their LTC in Korean Won (KRW) at over 13,000 ATMs across the country.
Ripple’s XRP is currently trading at the $0.24 levels, down from the last few week’s highs of almost $0.35. XRP is the third-largest crypto asset by market cap today with a value of over $10 billion. What’s fascinating here is that there is such a humongous difference between the asset prices of the first two cryptocurrencies – Bitcoin ($9,100 levels) and Ethereum ($235 levels).
As the coronavirus continues to spread mass panic around the globe, its impact on the financial markets has become increasingly evident. But is there a correlation between the spread of coronavirus and the price actions of Bitcoin and other cryptocurrencies? It would seem so. Here’s the critical repercussions we have witnessed so far.
Global blockchain adoption got a boost as countries in Africa and the Middle East are set to increase their spending on blockchain solutions. This is according to a market study conducted by US-based research firm International Data Corporation (IDC).
At around 15:00 UTC on Tuesday, Feb 11, Bitcoin shrugged off a two-day selloff period and went back up above $10,000, offsetting losses sustained within an hour of trading. Naturally, crypto investors are thrilled, more so with data indicating that this move represents a true price recovery, unlike earlier upswings.
Bitcoin launched toward $10,000 on Thursday after shrugging off Monday’s Doji candle that saw its price drop to just over $9,000. Altcoins followed suit and many of them gained over 8%, including KICK, LSK, TRX, and HC. These price movements mean the crypto market is in its best shape since August.
Reports from the Russian Federation’s parliament (State Duma) suggest that the long-awaited digital financial assets bill could see the light of day as early as March. It would seem that the long-standing impasse between pro-crypto companies and the crypto-cynic central bank may finally be at an end.
Bitcoin (BTC) briefly rose above a key area of resistance at $9,553 on January 30 to reach its highest point in almost three months. This is the second time within the week that Bitcoin bulls have defended against any attempts to push the number one cryptocurrency below the $9K mark.
Bitcoin Cash just about avoided a full-blown hash war after the largest mining pool on Bitcoin Cash announced plans to impose a 12.5% mining tax.
Popular adult content website, Pornhub has expanded its range of payment options to include the Tether (USDT) stablecoin, two months after being dropped by PayPal.
Leading central banks across the globe have launched a commission to assess the what, why, and how of creating their own central bank digital currency (CBDC).