A senior market analyst at eToro, Mati Greenspan, recently produced a commentary on cryptocurrency market. He argued that the recent market decline is a product of the strengthening US dollar. As the dollar continued to perform well in recent weeks, fuelled by policies tightening the economy with the intention of preventing high inflation, the […]
The cryptocurrency market flashed green Wednesday following a major downturn.
Monday hailed in one of the worst days the crypto market has ever seen, with Bitcoin posting a loss of 6%, while altcoins fell even further. However, not all investors are worried, as some see that this nosedive is just another part of the tumultuous cryptocurrency cycle. CoinShares Executive: The Narrative Around Crypto Is Hard… […]
Whether Bitcoin is celebrated by everybody or not, one thing is for sure: people can not stop talking about it. Between August 2017 and today, the number of times Bitcoin was Googled surpassed both pop icon Taylor Swift, and even the stock market. In December 2017, when the value of Bitcoin reached nearly USD 20,000, […]
A recent survey from payment company Mistertango indicates that 88% of cryptocurrency exchanges want regulatory standards for the industry, with 55% in favor of know-your-customer (KYC) policies and anti-money laundering checks on users. Protection from market volatility So far, 2018 has seen poor gains compared with the latter half of 2017, while the fear of […]
The price of bitcoin fell below $8,000 for the fourth time in seven days as the cryptocurrency’s value sank to its lowest level since July 23rd.
Facebook had a bad day in the market this week – and the crypto community quickly pounced.
New research suggests that prices for high-end graphics cards – coveted by both cryptocurrency miners and gamers alike – are falling.
Bancor is said to have suffered “a security breach” this morning.
The founder of the major cryptocurrency Litecoin, Charlie Lee, was interviewed on CNBC following the USD 31 million Bithumb cryptocurrency exchange hack. He said that the Bithumb hack, and any other particular cryptocurrency exchange hack, does not affect the fundamentals of the market. He uses the example that if thieves rob a bank, that doesn’t […]
A study conducted by Max Gulker from the American Institute for Economic Research (AIER) has concluded that Bitcoin has less market volatility than other major cryptocurrencies. Every single year since 2013, the Bitcoin market has experienced lower volatility than Ripple, Litecoin, Ethereum, and Bitcoin Cash according to data from CoinMarketCap.com. The study calculates the absolute value […]
The CEO of prominent cryptocurrency exchange platform Coinbase, Brian Armstrong, shared a series of posts on Twitter Tuesday promoting the positive benefits of extended periods of low Bitcoin prices. Armstrong focused on three cycles of Bitcoin prices from 2013, 2014, and 2017, commenting that the up and down momentum of Bitcoin is normal for the cryptocurrency. […]
Journalist and former Wall Street trader Max Keiser has expressed his views that with the Bitcoin hash rate reaching another all-time high and 15% spike this month, an increase in the value of Bitcoin will be triggered. Sharing a post on Twitter illustrating the growing hashrate in a graph, Keiser wrote: ”My mantra since $3. […]
The president of commodities brokerage and trading firm Blue Line Futures, Bill Baruch, said in a video for CNBC that Bitcoin volatility has plummeted and is at its lowest level in more than a year. He says this is a sign that selling has become exhausted, and now that the price and volatility are stable, […]
The Director of Research at Pension Partners, Charlie Bilello, has found zero correlation between the S&P stock market index and the price of Bitcoin in data stretching back to 2010. This debunks a popular theory that Bitcoin and the stock market were correlated since they both reached record highs near the beginning of 2018. Since May […]