Cryptocurrency Analysis and News Portal
The Bitcoin sell-off continues into its third dayBitcoin has lost the 200-day moving average with the collapse of the $40k supportIf Bitcoin closes below this MA, it could open the doors to $34.7k which is the 50% retracement level from the March 2020 bottomBitcoin and the crypto markets are once
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BTC Ultimatum (BTCU) has been created for the development of innovative blockchain solutions – Prof-it Blockchain Ltd. BTCU is led by globally recognised experts in blockchain and crypto, featuring founder Nikolai Udianskyi, top ten crypto industry leaders at the World level; and CEO Eric Ma, a former core member of
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Jack Ma, the now-retired founder of Alibaba Group, recently spoke to a crowd of bankers and regulators at the Bund Summit in Shanghai about the role digital currencies will likely play in the future global financial system:“Digital currency could create value and we should think about how to establish a new
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Hodl Hodl announced a P2P lending service, with no KYC requirements. Ant Group is continuing to research and release blockchain-based services. And what people are saying following PayPal’s crypto market entrance.Top shelfBitcoin buysFollowing a wave of institutional bitcoin buys, crypto custodian Hex Trust and multinational payments gateway Sia have partnered to provide an
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COVID has not slowed crypto M&A. To wit, the value of industry acquisitions in the first half of 2020 has already surpassed that of full year 2019, according to a report released Thursday by PricewaterhouseCoopers (PwC). Around $597 million was spent in 60 deals in the first half of 2020, compared
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Quick take:It’s a second consecutive tense day for Bitcoin in the crypto markets as President Trump tests positive for COVID19The news comes less than 24 hours after the CFTC and DoJ charged Bitmex and its founders of illegally operating a derivatives exchange and violating the Bank Secrecy ActBitcoin is currently
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The volatility and volume in the Bitcoin (BTC) markets dropped down over the past week as the price of Bitcoin relatively stabilized. Stabilizing markets with decreasing volatility and volume usually means that spectacular movements will come back to the markets shortly. However, what should investors expect from the markets over
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Even a few years ago, not many would have thought that crypto M&A, or mergers and acquisitions, were ever going to be a thing. However, it needs to be kept in mind that the crypto space has grown and evolved at a remarkable pace over the course of the past
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