It appears that volatility has seeped back into the cryptocurrency market. In today’s session, Bitcoin (BTC) has gained and lost about $600 within just a few hours apart. This spike occurred on the back of the recent announcement by Pfizer, one of the largest drugmakers in the world, that they have successfully gotten a 90% […]
The cryptocurrency ATM market is expanding at an exponential rate never witnessed before. According to a study from Coin ATM Radar, a crypto metrics website, the deployment of new cryptocurrency ATMs has grown by about 80% in 2020 alone. This figure represents 3 times the growth rate recorded last year. So far in 2020, the […]
Jack Dorsey’s payments solution company, Square (NYSE: SQ), is currently making a killing in the Bitcoin (BTC) rally as a result of its affiliation with the cryptocurrency. This surge is evident in its stock performance and it has just released its Q3 investors’ letter. The company has registered a whopping $1.3 billion in revenue in […]
Witches, vampires, and ghouls. These Halloween beasties have nothing on every Bitcoiner’s worst nightmare: losing one’s digital gold in a fluke accident or misstep. We can practically hear you screaming at your screen right now. In honour of Halloween season, we’re exploring four spine-tingling tales of brutal Bitcoin losses. We also throw in a little […]
Bitcoin (BTC) continues on its bullish spree on Thursday as it prepares to take $15,500. Since the modest dip yesterday, more than $24 billion has flowed into the market with most of it going into BTC. The benchmark cryptocurrency’s market dominance has now exceeded 65%, indicating that there is no appeal for altcoins at the […]
A Bitcoin (BTC) wallet well-known by hackers and treasure hunters in the crypto space for its sheer size is now empty. About 69.369 BTC was moved from a legacy wallet to a new native SegWit format address. Up to this moment, the wallet remained a mystery. The owner of the wallet, who moved the funds, […]
The Bitcoin network has just undergone a significant difficulty reduction and its most important since the beginning of the ASIC era. The network saw a 16.05% decline today, a much more significant figure than the widely-expected 10%. Glassnode, a data analytics company, announced that this is the second-largest negative difficulty adjustment in history. Normally, the […]
Bitcoin (BTC) appears to be in the process of a retrace following a strong rejection from the $14,101 YTD high set last week. Although BTC looks to be handling itself just fine following last week’s rejection, there is still an immense amount of sell pressure weighing on the cryptocurrency over the past few hours. The […]
Bitcoin (BTC) traded this week on a trumped-up momentum, as it recorded multiple 2020 record highs. Interestingly, this bullish performance is happening amid a brutal beating across the equity markets including the Nasdaq 100 (NDX), Dow Jones (DJIA), and S&P 500 (SPX). Cumulatively, the benchmark cryptocurrency has grown by about 4.3% over the week. Although […]
