Altcoins

It’s scary to think that bitcoin could get any worse at this point, but that’s what’s happening. There’s no beating around the bush; the world’s number one cryptocurrency by market cap is falling hard.Bitcoin Is Heading Further SouthAt the time of writing, the asset is trading in the low $5,000 range – a significant drop from the $5,800-$6,000 we were witnessing just yesterday afternoon. The currency had fallen as low as $4,100 during all this hype and hoopla surrounding the coronavirus and...

The Bitcoin Association is bringing Alex Spiers onboard as its latest head of communications.The Bitcoin Association Is Busy as of LateSpiers joins the company after serving as the editor-in-chief to the Legal 500’s GC Magazine for more than three years. In addition, he has also served as the editor-in-chief for 2on4 Sports and has worked as a business journalist in New Zealand.In a statement, Spiers expressed his joy over becoming the latest member of the Bitcoin Association:It’s certainly...

Crypto Kitties is one of the biggest applications to be built atop the Ethereum network, but its creators are now looking to say goodbye to the world’s second largest cryptocurrency by market cap.Crypto Kitties Is Making a Home ElsewhereThe Ethereum blockchain has come under high scrutiny as of late. Once the most popular blockchain network for new tokens and applications, the platform has been hit hard by the amount of traffic it’s attracted since its birth in 2015. This traffic has resulted...

It’s safe to say that unless unexpected things happen, this will be the worst week for Bitcoin since 2013. During the second week of December 2013, Bitcoin had seen a plunge from $864 to $382, more than a 50% decline. Those were the days when MT.Gox was the only major Bitcoin exchange out there.Just seven days ago, BTC was trading at around $9,000, and its price has now dropped to slightly above $5,200. What is more, the price went down to as low as $3,600 before bouncing to where it trades...

Bitcoin has crashed. There’s no pleasant way of saying it. At the time of writing, the world’s number one cryptocurrency by market cap has fallen into the low $6,000 range for the first time in virtually ten months following increased fear and panic from the coronavirus.Bitcoin Is Dropping FastFollowing news that President Donald Trump has invoked further travel bans to ensure Americans are not exposed any further, global markets everywhere tanked, with the Dow Jones falling another 2,000...

Cryptocurrency prices fell sharply yesterday. This is one of the worst days in the history of the cryptocurrency markets. There seems to be hope and a few opportunities as well.Cryptocurrency prices slid yesterday to new lows. Sources say that the prices of cryptocurrency tokens have tanked since yesterday. This follows a general market malaise as other markets performed even worse. This is mostly due to the COVID-19 situation. At some point trading on some markets had to be reportedly...

In general, the crypto market is on the wane today. Bitcoin, Ethereum, XRP and other coins are dropping. More volatility is expected. BTC price has returned to the above $5,000 levels.The crypto market is so volatile that incredible changes can occur within minutes. A prime example of such a leap is the leading digital currency. First, Bitcoin price drops to $3,637, but in just 30 minutes, it bounds back and jumps to $5,260. Such performance is accompanied by the downward movement of the...

Bitcoin cash price is down close to 50% from well above the $250 level against the US Dollar.The price is currently recovering from the $140 and $135 support levels.There is a key bearish trend line forming with resistance near $208 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could start a decent recovery if it climbs above the $180 resistance area.Bitcoin cash price nosedived below the $200 support area against the US Dollar. BCH/USD even tested the $140...

Friday 13 is at the beginning, but the market already shows the scary new Bitcoin’s bottom of $4,900. BitMEX derivatives exchange is reporting a huge wall of long orders sell-offs.BitMEX report that they have the biggest order liquidation sequence in the last 16 months. Both longs and shorts have been selling crypto, which causes further price fall and extreme fear. The BitMEX exchange had destroyed orders worth of $702 million. This sum is somewhat a record since November 2018.During the...

The class-action lawsuit against Ripple has received the greenlight from a federal judge.The Court Moves Against RippleRipple has long touted itself as a non-security, but several of the plaintiffs involved in the suit claim otherwise. One describes Ripple as an “ongoing ICO [initial coin offering],” while others scoff at the currency’s reportedly centralized nature. It is reported that more than 50 percent of XRP units are still held by Ripple executives including Brad Garlinghouse, the...