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If crypto’s past bubbles are anything to go by, bitcoin could be about to fall much further. That’s according to one strategist, who warns the world’s top cryptocurrency is likely to tank as low as $13,000. That is an almost 40% drop from current levels. “We would still be selling these kinds of cryptocurrencies into […]

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 […]

Perhaps a silver lining has appeared for crypto investors – including those trading with eToro. Bitcoin and other major crypto tokens rebounded sharply on Thursday. They were marching in line with the equity markets, after the rate hike outcome of the US Federal Reserve. The Fed on Wednesday raised interest rates by 75 basis points […]

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 […]

Earlier in this year, the government of India put in place a new regulation that provides about 30% tax returns on all cryptocurrency activities and 0.1% Tax Deduction at Source (TDS). However, in the early days of the week, the website on which the tax deduction was to be implemented, crashed. This led to a […]

A new version of the collapsed Luna cryptocurrency is already live on major exchanges – and it’s gotten off to a bad start. Last week, supporters of the Terra blockchain project voted to revive Luna but not terraUSD, a so-called “stablecoin” that plunged below its intended peg to the dollar, causing panic in the crypto […]

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 […]

Do Kwon, a trash-talking entrepreneur from South Korea, called the cryptocurrency he created in 2018 “my greatest invention.” In countless tweets and interviews, he trumpeted the world-changing potential of the currency, Luna, rallying a band of investors and supporters he proudly referred to as “Lunatics.” Mr. Kwon’s company, Terraform Labs, raised more than $200 million […]

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 […]