The last few days of April had the entire Bitcoin community at the edge of their seat. Since rising by nearly 16 percent on the 29th, Bitcoin went all the way up to $9350, but since then, timely corrections have been made to the charts. A 24-hour decline of 5.45 per cent held Bitcoin at […]
Bitcoin (BTC)
Ross Ulbricht Shares His View of Bitcoin’s Long-Term Outlook as The Halving Closes.
Bitcoin’s price movement has always been a talking point in cryptocurrency space since its inception. Several analysts and researchers have explored the idea that the world’s largest cryptocurrency could be the trigger for a massive market overhaul. Just recently, Ross Ulbricht, the infamous founder of the Silk Board trading platform, commented on Bitcoin’s future price […]
0x Project leads Bitcoin, Ethereum and Litecoin as the most held asset on Coinbase
The cryptocurrency industry makes up for an interesting space in terms of statistics and facts, as there is a continuous change on a regular basis. At the end of March, Ethereum was highlighted as one of the worst-performing assets after dropping to a lower $100 level, however fast forward a month, it is currently the […]
US Authorities Seized COVID-19 fraud website from the seller who tried to sell it for Bitcoin.
In several countries, authorities are warning individuals and businesses to be cautious following the rise in the number of coronavirus (COVID-19) pandemic scams. As per the latest announcement released by the United States Homeland Security (DHS) and the Departments of Justice (DOJ), a COVID-19 Fraud website was Seized from Seller Who Attempted to Sell It […]
Bitcoin’s Price and its Market Trading Volume had Low Levels of Correlation in Q1 2020
The digital asset industry faced a lot of adversity in 2020. Slapped with the first financial meltdown, the journey through the first quarter of the year was rocky and unstable. However, the collective virtual asset class has performed commendably well in spite of facing a detrimental March. Now, according to tokenInsight’s recent report, it was […]
Bitcoin May Follow Gold into its Bull Market in Later-Half of 2020: Bloomberg
2020 has been an important year for cryptocurrency and, more specifically, for bitcoin. The largest digital asset performed relatively well after the financial meltdown in March due to the ongoing COVID-19 pandemic. Although countless analysis have been drawn and identified to understand Bitcoin’s short-term market behavior, it is important to note that current statistics may […]
Bitcoin’s Volatility has been its Key Factor Towards Improved Adoption and Awareness
Volatility has been an important part of Bitcoin and its role is undeniable in Bitcoin price rise over the past few years. The asset has also been criticized for the same trait in traditional markets, as the token was considered highly volatile by the regulators. However, despite the nit-picking of traditional asset class proponents, the […]
BitMEX’s Bitcoin Market Share Lose to Binance, Significant after “Black Thursday”
Last month, Bitcoin went down in history for the wrong reasons. On 12th March 2020, when a collective collapse took place over the global financial industry, Bitcoin mirrored the traditional asset class as well and its valuation dropped by nearly 50 percent in the charts. In Coinmetrics’ recent report, the impact of the price drop […]
Will the Bitcoin ETF Get Approved in 2020 as an Institutional Demand Increase?
Over the last few years, a particular bitcoin discussion that has repeatedly made headlines is about the Bitcoin ETF. On the downside, the headlines have mainly painted the words ‘rejection’ and ‘SEC.‘ Since 2019, a list of notable institutions and firms has forwarded their proposal for a Bitcoin ETF to the U.S. Securities and Exchange […]
Bitcoin’s First Index Fund in Hong Kong; A Move made for Institutional Capital Flow
The institutional side of Bitcoin received another boost amidst the current global pandemic as according to reports, Hong Kong approved its first-ever Bitcoin index fund. According to a report from Bloomberg, Arrano Capital, launched the nation’s first digital asset hedge fund, with a target size of $100 million for its first year, while officially allocating […]