Tag Archives: Bitcoin

Carnage: Crypto Market Loses $16 Billion Overnight as Assets Plunge 10% to 30%

Advertisement Overnight, the crypto market has lost about $16 billion of its valuation as it dropped from $123 billion to $107 billion. Performance of the cryptocurrency market in the past 24 hours, data provided by CoinMarketCap.com For the first time since May 2017, the Ethereum price has fallen to the $80 region, deleting all of the gains recorded… Read More »

When Bitcoin’s Price Breaks Down, It Follows a Pattern

When trying to predict the future price of bitcoin, it’s impossible to do so without first looking at its past. No matter how it’s examined, the cyclical nature of bitcoin’s price action can’t be ignored especially when considering its notorious “boom and bust” cycles. If the latest plunge below the long-lasting support level of $6,000 after an explosive… Read More »

Bitcoin SV Flips Bitcoin Cash (BCH) Amidst Market Rout

Bitcoin Cash (BCH), Bitcoin SV (BSV), Cryptocurrency–In a turn of events that could have ramifications for the broader market, Bitcoin SV, the fork of Bitcoin Cash that ultimately conceded the name to split currency Bitcoin ABC, has overtaken its rival to claim the fifth largest spot by capitalization. While every crypto in the top 20, including the number… Read More »

BitMEX CEO’s Call For Double-Digit Ethereum Comes True: ETH At $90

Arthur Hayes: Ethereum (ETH), A “Double Digit S*hitcoin” In late-August of this year, Arthur Hayes, the chief executive at BitMEX, the world’s foremost crypto mercantile exchange, took to his firm’s in-house blog to tout some controversial sentiment. In an extensive post, the former institutional trader began his Ethereum (ETH) bash by telling a personal story, hyperbolized to convey… Read More »

Bitcoin (BTC) Moves Under $3,500 In Downtrend, Despite Crypto “Tailwinds”

Crypto Market Establishes YTD Low: Bitcoin At $3,650, Ethereum Hits Double-Digits In the past day, bears haven’t abated their rampage, continuing to incessantly place straws on the back of the crypto camel. Bitcoin (BTC), for instance, continued its tumult, stumbling under $3,500. Altcoins, as always, followed suit, sending the aggregate value of all cryptocurrencies below $120 billion. At… Read More »

Reported Crypto Laundering Cases in Japan Reach 6,000, Eight Times Higher Than 2017

The National Police Agency (NPA) of Japan has estimated that there were around 6,000 cases of suspected money laundering relating to crypto in the nation in the first three quarters of 2018. This figure is more than eight times that of the final nine months of the previous year. Japan’s Crypto Exchange Required to Report Money Laundering Suspicions… Read More »