Recently, a report emerged that indicated that Russia intended to invest billions in Bitcoin. The report by an Australian publication cited U.S sanctions as the reason Russia was turning to cryptos. Barely two days later, a top Russian crypto regulations executive disregarded the report as merely wishful thinking. It will […]
Tag: bitcoin news
Bitcoin Can’t Seem to Stay Above $4,000. Will This Change in 2019?
Every time it has been dealt a blow, Bitcoin has bounced back. However, the blows have continuously driven the expectations lower. As the year began, many believed that the currency couldn’t go below $10,000. Then it breached this resistance level and the expectations were forced to be lowered. Then came […]
Bitcoin Continues Descent to $3600 as Hackers Steal 200 BTC from Electrum Wallet
After a bounce-back last week to hit over $4,260, Bitcoin has continued having a lackluster week, dropping to $3,650. At press time, the currency was trading at $3,600 on Coinbase, Bitstamp, Kraken, and BitMEX. In the past six hours alone, the currency has lost $200 as the dismal end-of-year performance […]
Bitcoin Gets A Christmas Push To $4263 As Wall Street Crypto Plans Fail Miserably
It’s the season of joy all over the world, and the crypto industry is just as radiant. The market is swimming in green, with XRP and Ethereum leading the pack. The two gained 18 and 20 percent respectively in the past 24 hours, with Stellar and TRON each gaining 10 […]
Bitcoin Hits $4100 as Analysts Warn That the 2017 Rally Is Behind Us
Bitcoin’s price recovery has continued, with the currency gaining 7.2 percent in the past 24 hours. Bitcoin was trading at $4,104 at press time, having struck a two-week high of $4,186 just hours earlier. The last time Bitcoin was above $4,100 was December 3 and since then, it has dropped to […]
Bitcoin Knocks On $4K As Expert Claims Facebook Crypto Will End Bitcoin
After weeks of heartache for Bitcoin enthusiasts, the currency has bounced back. Bitcoin hit its yearly low weeks ago and since then, it has gained 27 percent to hit $3,945 earlier today. The currency had gained 3.8 percent in the past 24 hours and was trading at $3,770 at press […]
Institutional Investors No Longer Interested in Bitcoin: JP Morgan
Institutional investors are quickly losing interest in Bitcoin, JP Morgan has stated in recent research. According to the bank, key flow metrics have dwindled in recent months indicating reduced interest from the professional investors. The research cited interest in Cboe Global Markets which is at its lowest since Bitcoin futures […]
Bitcoin Hits $3,550 as Report Finds Binance and Bitfinex the Only Non-Inflated Exchanges
Global crypto exchange king Binance and the controversial Bitfinex are the only two exchanges in the top 25 not wash trading their Bitcoin trading volumes. This is according to a report by the Blockchain Transparency Institute. The report unearthed massive volume manipulation and misrepresentation on major exchanges including OKEx, CoinBene, […]
Bitcoin Sinks Below $3,200 as Teenage Bitcoin Millionaire Says Its Dead
It’s yet another dark day for Bitcoin. In fact, it’s the darkest one this year. The currency has once again set a new low for the year. At press time, the currency was trading at $3,230, down 10 percent in just 24 hours. The currency was performing especially poorly on […]
Bitcoin Recovers $3,500 As Weiss Ratings Reveals This Is The Best Time To Invest
Bitcoin has recovered its $3,500 support level after seeing slight losses to trade just above $3,400. In the past 24 hours, the currency has gained a modest 1.76 percent to trade at $3,500 on most major markets. On Bitfinex, the currency was trading at $3,538 at press time. Most of […]
Bitcoin Rebounds to Reclaim $3,400 as Report Reveals Bithumb’s Involvement
Just a day after it hit a record low for the year, Bitcoin has rebounded to reclaim the $3,400 level. The currency gained 4.5 percent to trade at $3,432 just hours after it hit lows of $3,280 on some markets like Coinbase Pro and Bitstamp. At press time, Bitcoin had […]