Market Update: Crypto Prices Drop Fast, Bitcoin Loses $2K, Correction Considered Healthy

The price of bitcoin and a great number of digital assets plunged in value during the early morning trading sessions on November 26, 2020. Bitcoin’s price dropped from a high of $19,319 on Wednesday evening only to lose over $2,000 during the course of the morning hours (EST) on Thursday morning. Cryptocurrency markets have shed … Read more

Previous Bitcoin Bull Run Patterns Suggest Current Run Could See a $160K Top, Possible $25K Bottom

While digital currency markets have increased significantly in value a number of crypto asset proponents are wondering how far the next bull run will take them. For instance, the last three bitcoin bull runs saw different price spikes and significant drops below 80% as well. If the next bitcoin bull run follows a similar pattern, … Read more

Edward Snowden ‘Felt Like Buying Bitcoin’ While Traders Hunt for the Market Bottom

Following three consecutive days of losses shedding $50 billion off the cryptoconomy, digital currency markets lost another $44 billion in a matter of hours on March 12. Not only did ‘Black Thursday’ wreck traditional markets, but gold and bitcoin felt the brunt as well. Amidst the sell-off, the whistleblower Edward Snowden said that he “felt … Read more

Bitcoin Gold Whale Allegedly Controls Half the BTG Supply

According to a recent study, bitcoin gold (BTG) market prices are being manipulated by a single whale who holds a significant portion of the bitcoin gold in circulation. The Bitcoin Gold network was recently hit with a 51% attack that caused two blockchain reorganizations. The team of BTG developers introduced a new soft fork concept … Read more

Market Update: Bitcoin Halving Hype, Golden Cross Signals, and GBTC’s 41% Premium

Cryptocurrency markets have seen fresh gains on Wednesday after the slight pullback that started two days prior. Most of the top 10 digital currencies by market cap have gained between 4-8% and the entire market valuation of all cryptos has hovered between $295-300 billion. Also Read: Voluntary Financing: Bitcoin Cash Devs Reveal Noncustodial Funding App … Read more

Christmas Eve Dump Sends Bitcoin to $3,800

Until just hours ago, Bitcoin and altcoin markets looked as promising as they have been in quite some time. After gaining over 30% from December 25 lows of US$3,200, Bitcoin is plunging downwards once again. As usual, the rest of the market has followed suit. After a series of short squeezes saw volume heavily increasing … Read more

Almost 5,000 Crypto Pump and Dumps Posted on Discord and Telegram in 6 Months

A report compiled by researchers from Tel Aviv University, The University of Tulsa, and the University of New Mexico has found nearly 5,000 advertisements for cryptocurrency pump and dump signals on social platforms Discord and Telegram posted during the first half of 2018. Also Read: Asian News Headlines Exert Significant Impact on Cryptocurrency Prices Nearly 5,000 … Read more

Top 3 Biggest Losers – Coins that have Lost 99% in Value

With the extended bear market of 2018, numerous coins have seen massive losses from their year end highs. For unfortunate investors who purchased at the top, losses of 70, 80, 90% are common. However, beyond these woes are performances magnitudes worse. Here are three projects that have dumped over 99%. 3. Nitro (NOX) Nitro is … Read more

Markets Update: Cryptocurrency Prices Tumble Before the Weekend

Cryptocurrency markets are slumping today as most digital asset markets are seeing losses between 8-20 percent over the past 24-hours. Lots of speculators are attributing the dump to the recent measures taken by Japan’s Financial Services Agency (FSA), asking cryptocurrency exchanges like Bitflyer to make improvements to the Japanese trading platforms’ anti-money laundering practices. Also … Read more

Down We Go: $38 Billion Evaporated as Bitcoin, Altcoins Net Double Digit Losses

For those calling for the end of the bear cycle- hold tight a little longer. Following the extended sideways market movements, a price explosion was imminent. Unfortunately, this action took place in favor of sellers, as Bitcoin continues to tumble over the course of the past 24 hours. Altcoins have similarly followed suit. Last night, … Read more