Cryptocurrency Analysis and News Portal
Bitcoin is back in the spotlight of the cryptocurrency market after taking a nearly 10% dum. The sudden bearish impulse saw the asset’s price drop from a high of $9,970 to a low of $9,050.Alongside the price slump, over $80 million worth of long and short BTC positions were liquidated
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Although Bitcoin has been incessantly swinging between $9,000 and $10,000 over the past few days, the cryptocurrency is technically still in a consolidation pattern.Ever time BTC attempts to deviate from the range, it is rejected — on both sides. Case in point, when the asset rallied to $10,400 last week,
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Republican Senator and former Bakkt CEO Kelly Loeffler may find herself up against a better-organized and more supported Democratic candidate in November’s special election.Early returns are still coming in from the June 9 Democratic primary determining the challenger to David Perdue’s U.S. Senate seat in Georgia. However, at press time,
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[sociallocker id="55298"] The battle of Bitcoin (BTC) versus fiat money is witnessing not a flippening but a “flattening” as coronavirus upends economic policy.A chart of the United States’ M2 money supply compared to the largest cryptocurrency shows that while one is leveling out its supply, the other is going “parabolic.”BTC
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Wall Street is deeply divided over the future of the stock market. Many are watching in disbelief, unable to explain the market rally. Others, including Morgan Stanley are heralding a new bull market. Amidst the bleakest backdrop in modern U.S. history, the stock market is roaring. The Nasdaq is one decent push away from
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Nvidia’s upcoming graphics cards are expected to be ridiculously powerful. That could spell trouble for the PlayStation 5 and the Xbox Series X. Inflated component costs could make next-gen consoles too expensive – and PC gaming even more attractive. Sony and Microsoft are all set to launch their PlayStation
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BitMEX, one of the world’s largest crypto derivatives exchanges, has been accused in court of being “deliberately designed, from the ground up” to facilitate “a myriad of illegal activities.”The allegations were made in a major new lawsuit filed by BMA LLC in the United States District Court for the Northern
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As Bitcoin’s halving approaches, market participants appear to have mixed feelings about where the flagship cryptocurrency is headed next. Some of the most prominent analysts in the industry believe that BTC is poised to correct. But, there are others who expect a “face-melting” upswing.Regardless of the ambiguity that the pioneer
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Blockchain services and cryptocurrency mining hardware producer Canaan is facing a class-action lawsuit filed by investors following claims of dubious practices for attracting investments. Investor rights-focused law firm Rosen Law Firm has initiated the suit on behalf of Canaan securities purchasers in the company’s initial public offering (IPO). The law
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The WHO advises against travel restrictions amid the coronavirus outbreak. But many countries are ignoring its advice. Coronavirus cases are growing in Africa as international travelers bring the disease to Nigeria and other ill-prepared countries. African leaders need to ignore the WHO’s guidelines and restrict foreign travel before they
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