Market Update: BTC Value Consolidates After Bouncing

BTC markets have produced sideways consolidatory price action in recent days, following bitcoin’s dramatic crash from almost $20,000 USD to test a low of approximately $11,000, and ensuing bounce up to the 0.618 retracement area. Most major altcoin markets have bounced in concert with BTC. Also Read: Seven Deadly Trading Mistakes Every Rookie Makes Bitcoin Markets … Read more

Markets Update: Deflated Digital Asset Prices Bounce Back

The price of bitcoin (BTC) has rebounded significantly since our last markets update. BTC markets reached a high of $16,100 across many global exchanges around 11:00 am EDT on December 26. The price spike is a big jump from yesterday’s weighted global averages of $13,800-14,000 per BTC on Christmas day. Also read: Bundesbank Board Member: … Read more

Markets Update: Major Crypto Markets Dump in Unison

The majority of crypto markets appear to have regained correlation with bitcoin, with BCH, ETH, LTC, DASH and many other major markets dumping in unison with BTC. For bitcoin, today’s retrace down to test the $11,000 USD line comprises the sixth consecutive day that BTC has lost value after testing the $20,000 area, whereas BCH … Read more

Popular Chat App Kakao’s Exchange Upbit Claims Number One Spot in South Korea

Kakao’s cryptocurrency exchange Upbit now claims to be the largest crypto exchange by volume in South Korea, one of the top three markets globally. Listing over 120 coins and leveraging Kakao Talk’s massive user base, Upbit currently facilitates an average daily trading volume of 5 trillion won. Also read: South Korea Clarifies Position After Reports of … Read more

Markets Update: Bitcoin Price Continues to Feel Bearish Sentiment

The price of bitcoin (BTC) has been suffering from a bearish decline since it reached $19,600 USD across global markets and had touched a low of $15,299 on December 21. Over the past two days, most of the other alternative digital asset markets were stable or made some significant gains. However, now that BTC markets … Read more

Japanese Entertainment Giant DMM Unveils Details of Crypto Exchange to Launch Next Month

Japanese entertainment conglomerate DMM Group, the operator of popular e-commerce site DMM.com with 27 million members, is preparing to launch a cryptocurrency exchange. 7 cryptocurrencies, 14 trading pairs, and margin trading will be offered. Also read: South Korea Clarifies Position After Reports of Possible Ban on All Crypto Transactions DMM’s Crypto Exchange Opening January Japanese e-commerce … Read more

Markets Update: Bitcoin Cash Rallies to $4000 — While BTC Markets Dip

Bitcoin Cash (BCH) has experienced dramatic bullish action recently, gaining over 100% against USD in just three days. As of this writing, BCH is consolidating at approximately $3,800 after breaking above $4,000 for the first time ever. BCH’s bullish momentum has coincided with a more than 20% drop in the price of bitcoin core (BTC). … Read more

Litecoin Creator Charlie Lee Reveals He Sold All His Litecoin

Litecoin creator Charlie Lee has revealed on social media that he sold and donated all his LTC holdings over the past few days. The announcement was meant to show he no longer has a conflict of interest in promoting the altcoin but the timing has sparked some backlash against Lee. Also Read: Thomson Reuters Adds … Read more

“There Will Only Be One” – an Interview With Viabtc Founder Yang Haipo

Back in August, Viabtc founder Yang Haipo was one of the first public figures to declare ”Bitcoin Cash is Bitcoin”. His exchange Viabtc was one of the first to list bitcoin cash (BCH), which was heavily criticized by Chinese industrial players for being “controlled” by Bitmain. Now Haipo is planning his new business Coinex, a … Read more