Market Update: Coronavirus Fears, Stock Market Crash, and Bitcoin Price Predictions

Digital currency markets have been consolidating since the initial price drop on February 26 that saw $25 billion shaved off the entire cryptocurrency market. At the time of publication, the cryptoconomy is hovering just above the $245 billion zone and a few coins today are making slight gains. Also read: MTV Airs Only the Negative … Read more

This Is How Much BTC You Need to Enter Bitcoin’s Elite 1% Club

Today there are 18,244,475 BTC in circulation and during the last few weeks, a number of bitcoin influencers have been talking about how much is needed to be included in Bitcoin’s top 1% of holders. For instance, according to Blockworks Group analyst Jake Levison, if you own 0.28 BTC “you’re statistically guaranteed to be in … Read more

Record Breaking Interest – Observing the Predictive Power of Bitcoin Futures Over BTC Spot Prices

Bitcoin futures providers have been seeing a lot of action during the last two weeks as cryptocurrency markets have been extremely volatile. Data shows there’s been significant open interest on both retail and institutional bitcoin derivatives exchanges and Skew research noted bitcoin options open interest was just shy of $1 billion on Monday. Two days … Read more

Warren Buffett Slates Bitcoin, Denies Owning Crypto Gifted by Justin Sun

“I don’t have any bitcoin. I don’t own any cryptocurrency, I never will … You can’t do anything with it except sell it to somebody else.” So claimed Warren Buffet in an interview this week on CNBC. Over the course of the two-minute segment, the billionaire investor tore into bitcoin’s value proposition, and obliquely threw … Read more

Chinese Government-Backed Institute Releases New Ranking of 37 Crypto Projects

China’s Center for Information and Industry Development has published its latest crypto project ranking — the first this year. A total of 37 crypto projects, two more than in the previous ranking, were evaluated and ranked overall this month as well as in three separate categories. Also read: Bitcoin, Tesla Stock, Tron: How Warren Buffett … Read more

Bitcoin Superstar and Bitcoin Era – The Latest Two Faces of the Same Scam

With the rising price and popularity of bitcoin come numerous scams. Bitcoin Superstar and Bitcoin Era are two investment schemes that have recently gained much attention. News.Bitcoin.com took a look at them, and it did not take much to spot how similar they are to each other and several other well-known scams. Also read: Bitcoin, … Read more

Boerse Stuttgart: New German Crypto Regulation Poised to Attract Institutional Investors

Since the new German crypto regulation went into effect, financial institutions in Germany have been preparing to offer crypto custody services. Among them is Boerse Stuttgart, the country’s second-largest stock exchange. Having obtained a provisional license from BaFin, the regulator in charge of licensing crypto service providers, Boerse Stuttgart is preparing to offer crypto custody … Read more