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Spot bitcoin fell 1.45 percent to $9,501 as of 0900 UTC as the U.S. dollar rebounded from its seven-day plunge.The cryptocurrency’s downside move surfaced ahead of a fresh U.S. trade and unemployment data release at 0830 ET on Thursday.The U.S. stock market, which remains positively correlated to bitcoin, also dived
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[sociallocker id="55298"] Bitcoin (BTC) will never cost less than $10,000 again after August this year — according to a price indicator gaining popularity among investors.In a tweet on June 2, Timothy Peterson of asset manager Cane Island Alternative Advisors drew attention to a watershed moment for the largest cryptocurrency.Lowest Price
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The closer we come to the release date of the “tell-all” biography of Meghan Markle and Prince Harry, the clearer the narrative becomes. We’ve seen it claimed that Harry is upset over the use of the term “Megxit” because it suggests Meghan was behind the royal break-up. As the
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Bitcoin (BTC) average transaction fees dropped by nearly 60% in the last week, as the number of transactions queuing up to be processed on the network eased.According to data from Bitinfocharts, the cost of making a transaction over the Bitcoin blockchain fell to around $2.61 on May 28, down
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Ripple CEO Brad Garlinghouse has urged United States regulators “to step up and lean into digital currencies” to avoid falling behind China in the field.In a tweet posted May 26, Garlinghouse warns that “remaining complacent is actually setting us back,” citing an article suggesting that China’s long-touted central bank digital
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Bitcoin hasn’t fared well over the past few hours.After holding the $9,800 support region for days on end, the cryptocurrency has plunged lower over the past 30 hours, reaching a low of $8,800 just minutes ago, according to TradingView.com data. This is the lowest Bitcoin has traded since May 13th,
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Bitcoin plunged by 18.79 percent after closing above $10,000 late Friday.The cryptocurrency found a short-term support area above $8,000, prompting traders to predict a $10,000-top retest.But a conflicting technical indicator sees bitcoin continuing its bearish correction.The “Bitcoin Halving” euphoria helped the cryptocurrency rise from its mid-March low of $3,858 to
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Ripple’s On-Demand Liquidity (ODL) payments network tripled in transaction volume over the last quarter according to the just released Q1 2020 XRP Markets Report.The dollar value transacted using ODL increased by more than 294%, which is good news for token holders with the report describing XRP liquidity as the “lifeblood
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Bitcoin briefly dipped below $7,000 as the US oil prices collapsed to their two-decade low.The cryptocurrency’s price declined alongside US equities and Gold markets, again exhibiting a risk-on behavior.The US dollar, on the other hand, jumped on safe-haven demand.Bitcoin briefly fell below its $7,000-support in what appears to be a
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The number of ransomware attacks globally has dropped significantly since the coronavirus crisis intensified in March, according to a new report from Chainalysis.The blockchain analytics firm said the drop was particularly significant given there were growing concerns over the impact of ransomware attacks against hospitals and other healthcare organizations
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