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Bitcoin (BTC) stemmed some of its losses as Wall Street opened on Nov. 26 after concern over a new COVID-19 variant spark a global market sell-off.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewPfizer gains as coronavirus panic sets inData from Cointelegraph Markets Pro and TradingView showed BTC/USD ending its downturn at just
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Cardano (ADA) has been experiencing struggling prices since it hit its all-time high above $3 back at the start of September. Since then, it has been on a downward trend and had fallen below $2 for the first time as October drew to a close. Despite some important announcements and
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The People’s Bank of China (PBOC), the country’s central bank, published a Q&A to its website which said that Chinese citizens participating in virtual currency exchange offshore is “considered illegal financial activity.” The PBOC also reiterated comments it had made in the past stressing that “financial institutions and non-bank payment
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Customers of leading U.S. crypto exchange Coinbase have spent the weekend panicking after the exchange mistakenly sent emails to users stating their two-factor authentication (2FA) settings had been changed. On Aug. 27, Coinbase accidentally sent the email to 125,000 of its customers, resulting in widespread public backlash. Coinbase took to
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The importance of storage and passwords is best known by crypto enthusiasts who know how easy it is to lose access to their digital assets. A recent survey conducted by Cryptovantage, named “Coin Storage Security: A Closer Look at Crypto Storage and Passwords,” aimed to identify investors’ sentiment towards the
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Russian punk feminist group Pussy Riot has released a new music video and is auctioning a series of four, non-fungible-tokens to accompany its release and raise funds for their art projects and local activism.The group first rose to prominence in 2012 after staging a guerilla performance of an iconoclastic feminist
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Bitcoin fell sharply early on Monday, having failed to establish a foothold above $40,000 over the weekend.Over the last 24 hours, the cryptocurrency declined by more than $8,000 to $32,400, an over 20% fall from levels over $40,800 late on Sunday (UTC). The cryptocurrency was last seen changing hands up
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Bitcoin (BTC) trading is currently seeing its highest correlation with the S&P 500 stock market index as panic over the coronavirus (COVID-19) pandemic is reportedly forcing investors to embark on massive portfolio de-risking. Bitcoin Trading Correlation with S&P 500 Reaches All-Time High Data from crypto analytics platform Coin Metrics shows that the
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In the past few hours, Bitcoin (BTC) price dropped 3.85%, losing $9,000 and pulling back to $8,835.The abrupt downside move occurred after Bitcoin price rallied to $9,188, slightly above the $9,150 target many traders had suggested the asset would reach before attempting a more decisive move toward $9,300.Crypto market
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Negative coronavirus headlines prompted a painful reversal in the Dow Jones on Wednesday. Fears of a breakout in New York and another confirmed U.S. case hit the stock market hard. The wild moves in the Dow overshadowed positive housing market data. The Dow Jones recoiled after a bright start
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