Crypto Market and Bitcoin News – 91��ý

Over $100 Billion Market Cap Lost In the Past 24 Hours, Will The Bears Prevail?

T. Okonkwo — Sat, 13 Nov 2021 11:59:07 +0000

This week we see bearish pressures mount against Bitcoin price dropping the digital currency giant to below April ATH and with even more probability of sharp short-term pullbacks. Bitcoin registered two consecutive ATH latest being in the region of $69,000 on the 10th of November. The landscape changed afterward, with the crypto assets plummeting downwards. ...

Inches Towards A New ATH: Reports Of Bitcoin Futures ETF Approval Helps Price Surge

T. Okonkwo — Sat, 16 Oct 2021 11:06:15 +0000

Bitcoin has maintained an impressive price rally over the past couple of days, currently aims at a potential new ATH in the coming days. With near-term technicals being slightly cautious, Bitcoin maintains a bullish trend. After 6 months of hiatus, Bitcoin is on the verge of hitting $60k levels. Hours after good reports of the ...

The Stage Is Set For Another Bull-Run As Golden Cross Takes Place, $50k Retest Loading?

T. Okonkwo — Sat, 18 Sep 2021 08:48:24 +0000

A recent price surge of the digital currency giant led to the formation of the Golden Cross a phenomenon known to historically trigger the price surge of Bitcoin. As investors are anticipating a reoccurrence of Bitcoin price increase, could the Golden Cross propel yet another bull-run? The Golden Cross, a phenomenon known to have historically ...

Bitcoin Still To Break The 50k Resistance But Bull Rally Remains Strong On The Long-Run

T. Okonkwo — Sat, 06 Mar 2021 19:37:22 +0000

Following an unstable week of price action that has seen inconstancy in bitcoin price, bitcoin continues to show infirmity in the region of $47,600. Having failed to break past the $52,000 mark, suggesting the possibility of more downside in the short term. The world’s largest cryptocurrency, Bitcoin currently trading at $47,600 experienced a massive correction ...

“The Road To Glory Is Always Bumpy” – While Bitcoin Corrects, Long Term Sentiment Is Still Bullish

T. Okonkwo — Tue, 23 Feb 2021 22:00:07 +0000

The past two days showed a 15% dip to the cryptocurrency king, Bitcoin. This dip has brought about panic as investors fear that further downward trend of the cryptocurrency could lead to more investors liquidating. Bybt reports via their twitter account that there’s been a total of $4.4 billion liquidated in the past 24hours. https://twitter.com/bybt_com/status/1364118435907526656?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1364118435907526656%7Ctwgr%5E%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fpublish.twitter.com%2F%3Fquery%3Dhttps3A2F2Ftwitter.com2Fbybt_com2Fstatus2F1364118435907526656widget%3DTweet ...

Bitcoin hits $58k, sets new record high.

T. Okonkwo — Mon, 22 Feb 2021 11:33:50 +0000

Bitcoin increased about 28% in the last 7 days reaching an all time high of $58,335 in Sunday trade. Some reasons for this spike can be attributed to billionaire Elon Musk after his portfolio company Tesla invested about 1.5 billion USD and also stated that they would accept BTC as a form of payments for ...

Crypto News Digest May 4 – 10

Lyubomir Kirilov — Tue, 12 May 2020 21:48:57 +0000

May 4 Kyber Network Crystal (KNC) holders will soon be able to delegate their voting rights to StakeWith.US while still receiving voting rewards.

Crypto News Digest April 27 – May 3

Lyubomir Kirilov — Mon, 04 May 2020 23:10:22 +0000

Apr. 27 New Dutch anti-money laundering laws make it near impossible for smaller crypto companies to operate in the country as a result of high registration fees and compliance costs.

Crypto News Digest April 20-26

Lyubomir Kirilov — Sat, 02 May 2020 22:29:14 +0000

Apr. 20 Facebook is looking to hire "experts in fraud, compliance, workforce management, and customer care" to support the team at Calibra working on a digital wallet for Libra.

Crypto News Digest April 13-19

Lyubomir Kirilov — Tue, 21 Apr 2020 21:56:42 +0000

Apr. 13 Crypto exchange Huobi has incorporated an AI into its systems, which will be able to detect "suspicious" transactions on the platform and freeze accounts until account activity has been reviewed by a compliance officer.

Crypto News Digest April 6-12

Lyubomir Kirilov — Mon, 13 Apr 2020 20:43:32 +0000

Apr. 6 Coinhouse became the first AMF registered crypto company. The Financial Markets Authority (AMF), France's financial regulator, will soon require all firms in France, which provide crypto exchange and custody services, to register with the regulator.

Crypto News Digest March 30 – April 5

Lyubomir Kirilov — Tue, 07 Apr 2020 15:03:18 +0000

Mar. 31 Crypto exchange Binance announced an expansion in the South Korean market with a new crypto-to-crypto exchange, which will be connected with the main platform via the Binance Cloud.

Crypto News Week March 23-29

Lyubomir Kirilov — Thu, 02 Apr 2020 16:08:46 +0000

Mar. 23 Two draft bills by the U.S. Democratic party introduced to the House of Representatives suggested a "digital dollar" as means of doing direct transfers to "qualified individuals" as part of a coronavirus stimulus package. A later draft of one of the bills had the "digital dollar" language removed from it and it is expected that the other bill will follow suit soon.

Crypto News Week March 16-22

Lyubomir Kirilov — Tue, 24 Mar 2020 16:24:05 +0000

Mar. 16 Singapore’s central bank revealed a new set of guidelines for companies facilitating crypto payments. The new guidelines aim at preventing money laundering and terrorist financing.