Cryptocurrency Analysis and News Portal
Since Dec. 18, 2019, in less than three months, Bitcoin’s (BTC) price surged by 68% against the United States dollar. It surpassed the $10,000 level on Feb. 9, marking the start of a full-blown crypto market rally for most.The sentiment around the recent Bitcoin rally remains divided amongst investors.
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John Griffin and Amin Shams, two well-known forensic researchers, have built on their previous research which accused Tether (USDT) of single-handedly causing the 2017 bitcoin rally. According to research shared with Bloomberg, the two have found that when BTC decreased in a certain increment on Bitfinex, one single whale exerted
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Crypto commenters have torn into a new research paper alleging a single whale caused bitcoin’s 2017 price rally. The paper, reported prominently in Bloomberg and the Wall Street Journal, has
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Analysts from JPMorgan have suggested that Bakkt is largely the reason why Bitcoin price fell below $8,000 last week. Even though activity has picked up a bit, the market is still a little discouraged. After quite a long period of incubation and regulatory pursuits, the Intercontinental Exchange (ICE), eventually launched its
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Bitcoin (BTC) hasn’t had the best week. In fact, the cryptocurrency is set to close down some 20% on the week, which is one of the asset’s worst performances since the bearish capitulation seen in November of last year.A bit late to the party, JP Morgan recently came out with
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The chief defendant in an alleged $15 million initial coin offering (ICO) fraud case has submitted a formal reply to the United States Securities and Exchange Commission (SEC). On Aug. 20, Reginald Middleton shared a copy of a memorandum of law against the agency’s application for a preliminary injunction to
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