News
It was a hard lesson in investing for 22-year-old Ethan Nguonly. The software engineer enthusiastically jumped into the crypto market in 2021, betting big on Bitcoin and Ethereum. When cryptos hit all-time highs, his $40,000 investment swelled to nearly $100,000. But after last year's catastrophic crypto
News
A handful of dominant crypto trading platforms now control over 90% of market liquidity, revealing a highly concentrated landscape. This consolidation of power carries both opportunities and risks. What's next for the crypto industry as trading centralizes? This article will cover the breaking news, expert opinions, predictions, arguments,
News
The chief executive of Coinbase, the largest cryptocurrency exchange in the United States, stated in a recent interview that the lack of clear regulations for digital assets in the country has led to major issues in the rapidly growing industry. Brian Armstrong told CNBC that the US desperately needs unambiguous
News
A young hacker has forfeited nearly $5.2 million in stolen Bitcoin and a sports car after targeting and draining the cryptocurrency accounts of executives in Northern California. This raises serious concerns about the security of cryptocurrency and the vulnerability of those who work in the industry. How safe is
News
The bitter legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs took a dramatic turn this week. In a stunning reversal, the SEC filed an appeal urging the Second Circuit Court of Appeals to review Judge Analisa Torres' contentious ruling on the application of
News
Two pivotal court cases involving Coinbase and Ripple have the potential to dramatically reshape the regulatory landscape for cryptocurrencies like Bitcoin and XRP in the United States. Depending on how judges rule, oversight of digital assets by agencies like the Securities and Exchange Commission may be fundamentally altered. But how
News
The G20 group of nations has just approved a new framework for reporting crypto transactions between jurisdictions, representing one of the most significant regulatory developments for the crypto industry to date. But what does this mean for the future of digital assets? This vital news could reshape the crypto landscape
News
Bitcoin's price has seen a minor 0.19% dip over the past 24 hours, dropping from $25,883.01 down to $25,810.53 as of September 10, 2023. While this decline is relatively small, it's worth analyzing the key metrics behind Bitcoin's latest
News
Bitcoin's price has seen a slight 0.06% increase over the past 24 hours, rising from $25,849.88 to $25,863.94 as of Saturday, September 9th 2023. With a market capitalization of $503.68 billion, Bitcoin remains the largest cryptocurrency by market cap. Over the past
News
Bitcoin's price has seen a moderate 1% surge over the past 24 hours, rising to $25,913.96. This comes after a period of stagnation for the world's largest cryptocurrency by market capitalization. In this article, we will analyze the key metrics behind this price increase
News
A strange scenario is unfolding in the Bitcoin market. While prices languish in doldrums, scarcity of available supply grows more severe. This mismatch appears to be setting the stage for a massive price surge should demand spike higher. According to InvestAnswers, a widely followed YouTube channel with over 440,000
News
The hashrate and mining difficulty of Bitcoin (BTC) has steadily climbed through 2023, rising during periods of bullishness, bearishness, and stagnation in the crypto market. An examination of the current state of Bitcoin mining reveals enduring interest despite variable market conditions. Bitcoin mining involves using computational power to solve complex
News
Bitcoin’s price has languished in a tight range recently, testing the patience of bulls longing for a breakout. But a pivotal momentum indicator may signal BTC is nearing an inflection point. This week, Bitcoin’s MVRV ratio reached 1.27, a level that has historically marked decisive turning points.
News
Last week brought a rollercoaster ride for Bitcoin traders, with over $24 million worth of short positions liquidated in 24 hours amid reports that banking giant JPMorgan is developing a blockchain-based digital payment token. The massive liquidations, affecting 26,390 traders, highlight the precarious nature of shorting volatile cryptocurrencies. But
News
An unassuming office building in Manhattan was abuzz last week with the release of a new report. JPMorgan analysts had just adjusted their estimates of Bitcoin's production costs, sending ripples across the industry. The new methodology reveals encouraging news for miners facing lean times - costs are lower
News
A new survey of 500 finance executives worldwide reveals strong conviction that Bitcoin will replace the US dollar as the dominant global reserve currency within 5 years.