Bitcoin

At $15,649, Bitcoin has hit its lowest price since November 2020, as per CoinGecko data. The latest price crash represents a fall of over 26% from $21,418 on November 5. That is, before word of any of FTX’s financial issues leaked out.  Bitcoin Still Suffering From FTX Catastrophe Furthermore, the news comes as markets are […]

The price of Bitcoin is now under $17,000—the first time that the asset fell that low since November 2020. It has been a volatile week for cryptocurrency assets, as the market responds to the news that one of the largest and major exchanges in the universe, FTX, was seemingly bankrupt. The globe’s biggest digital asset […]

Bitcoin, ethereum and crypto prices have tanked since the beginning of the month. This is due to the FTX collapse which has spark market panic. The bitcoin price has crashed under $17,000 per bitcoin this month, falling to lows not seen for two years. Meanwhile the ethereum price has lost 75% since hitting an all-time […]

Cryptocurrencies extended their slide for a second day Wednesday as the market absorbed the potential collapse of popular crypto exchange FTX. Prices were pressured to start the day and plunged by late afternoon. This happened as Binance, the largest global exchange by volume, abandoned plans to acquire Sam Bankman-Fried’s FTX. This happened after a due […]

Bitcoin and the wider crypto market continued to trade correlated with risk assets. This happened on Tuesday ahead of the Federal Reserve’s interest rate decision tomorrow.  The largest cryptocurrency was up ever so slightly by 0.2%, trading for $20,414, according to Coinbase. Meanwhile, Ethereum, the second biggest cryptocurrency, is at $1,579—a 0.6% day increase. How […]

I expected a fairly lazy and hysterical recounting of the many ills of crypto and bitcoin. I expected to roll my eyes all the time when I began reading “Popping the Crypto Bubble”.  However, the ambitious crypto-skeptical book was co-authored earlier this year by three experts.  One of them, a financial fraud writer Darren Tseng. […]

It’s been six days since Bitcoin’s last difficulty retarget. One which saw the largest rise this year when the metric jumped 13.55% higher. This was higher than the difficulty setting codified 2,016 blocks before block 758,016. Bitcoin’s Difficulty However, despite the difficulty increase and bitcoin’s (BTC) U.S. dollar value. A difficulty which saw bitcoin sliding […]

Bitcoin on Monday fell to its lowest level in over a week. This happened as crypto traders continued to digest strong jobs data from Friday. One that pushed risk assets including cryptocurrencies even deeper into the red. How Is Bitcoin Doing? The largest cryptocurrency by market cap was down by about 1.3% to $19,213.00, according […]

Bitcoin, ethereum and other cryptocurrencies are suffering through a crypto winter. One that’s erased around $2 trillion of value from the market.  Consequently, a top U.S. regulator has issued a surprise crypto price prediction. Bitcoin And The Entire Cryptocurrency Industry On It Knees? The bitcoin price stubbornly stuck under $20,000 per bitcoin after coming within […]