Cryptocurrency News
It was only hours ago that the cryptocurrency market was stagnant after the price dip last week. Now, it looks like in a matter of hours the overall cryptocurrency market cap gained roughly $15 billion causing most cryptos to rise. Things in crypto move fast. One day, prices may drop […]
With a new week of cryptocurrency trading upon the community, it is always good to see what the future will hold in terms of short and long positions. Things have changed a bit compared to just over a week ago, although this current trend does not necessarily indicate how the […]
Things are not looking too hot in the world of cryptocurrencies right now. The Bitcoin price is taking another dump out of nowhere. At this rate, its value will start trending toward the $6,000 level fairly soon. Some traders remain hopeful things will turn around this year, albeit it seems […]
Bithumb, South Korea’s biggest crypto exchange as of May, is officially resuming deposits and withdrawals on August 4, after a month of freezing the platform. Potential Impact of Restoration of Bithumb’s Operations In June, Bithumb experienced a $40 million hacking attack which led to the loss of investors’ funds, falling […]
The past few days have been riddled with pretty disheartening price movements, as global cryptocurrency markets have declined by 20% since last week. However, these movements are not indicative of the growing progress in the space. If your attention hasn’t been totally consumed by the markets, you likely have heard […]
Many analysts and mainstream media outlets including Bloomberg and the Wall Street Journal attributed the recent drop in the Bitcoin price from $7,500 to $6,700 to the hacking attack suffered by Coinrail, a minor cryptocurrency exchange in South Korea. However, the reasoning behind attributing the latest correction to Coinrail is […]
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 […]
In terms of activity, this past week has been no different than any other in the realm of cryptocurrency. With recent SEC and CFTC statements on cryptocurrency, Ripple’s multi-million dollar research fund, and EOS mainnet launch all taking place this week, the beginning of June has certainly been eventful. However, […]