Bitcoin

Bitcoin’s four-day winning streak snapped on Sunday with the largest cryptocurrency tumbling below $21,000. Even investors that use eToro were not spared from the burn. Bitcoin was recently trading at about $20,800, down more than a percentage point over the past 24 hours. However, it is still higher than it stood before starting its mini-rally […]

Bitcoin is more likely to tumble to $10,000. This means that its value is likely to be cut in half, rather than to rally back to $30,000, according to 60% of the 950 investors who responded to the latest MLIV Pulse survey.  Forty percent saw it going the other way. Bitcoin fell 2.4% to $20,474 […]

The monetary authority in Moscow is now ready to back the legalization of bitcoin and crypto mining under one condition. This implies that Russian miners are obliged to sell the coins obtained, outside the country. That’s according to a recent statement by Kirill Pronin, head of Bank of Russia’s Financial Technologies Department. The central bank […]

What started this year in crypto markets – especially Bitcoin – as a “risk-off” bout of selling fueled by a Federal Reserve suddenly determined to rein in excesses has exposed a web of interconnectedness that looks a little like the tangle of derivatives that brought down the global financial system in 2008.  The Collapse Of […]

The old saying “bitcoin is dead” seems to have resurrected this week. There are very high chances that you must have heard this phrase at least once. A lot of people now believe this phrase more than ever, today. The recent slump of cryptocurrency has left many investors to second guess their faith in the […]

Bitcoin investors and traders alike woke up today – Monday 13th June 2022 – to what many would describe as a “red market day.” Bitcoin, amongst other stablecoins were caught slumping to the very depths of despair. Now trading below $24,000 on the cryptocurrency market, Bitcoin has reached it’s 52-week low. Bitcoin, still the largest […]

A major US investment bank has revealed it is replacing real estate with cryptocurrency as its preferred alternative asset. JPMorgan has claimed bitcoin is massively undervalued right now, following a shocking few weeks for the cryptocurrency, with the banking giant saying its fair price is 28 per cent higher than its current level. The current […]

Bitcoin (BTC) was recently back above $30,000 after losing the crucial foothold on Monday. With crypto markets still looking wobbly after last week’s crisis on the Terra blockchain, any signs of stabilization should be heartily welcomed by bitcoin bulls. Arcane Research, a Norwegian cryptocurrency analysis firm, wrote Monday that the market could get a jolt […]

Bitcoin dropped below the $27,000 level as a recent sell-off in the cryptocurrency space continues. The price of bitcoin was last down 8.76% to $26,848.20 as of 1:47 a.m. ET Thursday, according to data from Coin Metrics. Ether fell more than 13% to $1,832.33. Reason For The Continued Dip? Cryptocurrencies fell with stocks after the […]