Bitcoin (BTC)

Singapore says it’s considering introducing new laws that will make it much harder for crypto retail investors to trade digital assets during this time. The nation’s regulators say they are truly concerned about the ongoing risks involved with virtual money. Singapore Is Worried About Crypto Trading Singapore has stated that many people getting involved in crypto are simply doing so because they are experiencing fear of missing out or “FOMO.” Regulators say people are...

The past seven days were quite painful in the cryptocurrency market as the majority of it is trading well in the red. This resulted in $40 billion being lost from the total capitalization, which is inching closer to $900 billion. The most obvious outlier in this is Ripple’s XRP which soared by 50%. Let’s unpack. Bitcoin’s price is currently sitting slightly below $19,000, down 5.7% in the past week. Seven days ago, it was trading at around $19,500 and even managed to poke...

Ethereum – the world’s second largest digital currency by market cap and the number one competitor to bitcoin – allegedly experienced its turn from proof of work (PoW) to proof of stake (PoS) just over a week ago. Ethereum Has Completed the “Merge” Many are wondering how much energy is slated to be saved now that Ethereum has made the move it’s been talking about for the past God knows how many years, and according to one analyst, Ethereum is slated to bring its energy...

Bitcoin took another hefty fall in late August. The world’s number one digital currency by market cap fell to just over $20,000 following the speech given by Jerome Powell of the Fed in which he talked about the state of the economy. Bitcoin Is Continuing to Experience Bearish Trends Powell hinted that more rate hikes were likely in order, meaning bitcoin is set to suffer further at the hands of what can only be considered, at this point, to be an extremely incompetent...

Compute North, which happens to be the latest casualty of the ongoing crypto rout, has filed for a Chapter 11 bankruptcy in the US Bankruptcy Court for the Southern District of Texas. The filing is pending before the Judge Bankruptcy David R Jones. The company’s CEO, Dave Perrill, also stepped down from his position earlier this month but will continue to remain on the board. Compute North in Trouble Under the terms of the filing, the firm will be able to continue its...

La Société Générale, à travers sa filiale Société Générale Securities Services (SGSS), propose désormais d’assurer le rôle de dépositaire pour le compte de gestionnaires de fonds souhaitant proposer à leurs clients une exposition aux cryptomonnaies, notamment le bitcoin. Le nouveau service proposé par SGSS vient d’être adopté par Arquant Capital SAS, société de gestion pour une gamme de fonds...

Bitcoin cash price started a fresh decline from the $125 zone against the US Dollar. The price is now trading above the $115 zone and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $120 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could start a recovery wave if there is a clear move above the $120 and $125 levels. Bitcoin cash price is recovering from the $105 zone against the US...

Michael Saylor – Co-Founder and Chairman of the business intelligence software MicroStrategy – predicted that bitcoin’s price will reach its all-time high levels from November 2021 (approximately $69,000) “sometime in the next four years.” Over the years, the 57-year-old entrepreneur has presented himself as an outspoken supporter of the leading cryptocurrency, while his company is the largest BTC corporate holder. Earlier this week, it accumulated additional 301 coins,...

Argentina is a country that has witnessed the death of its national currency, the peso. The asset has been devalued so much that many people in the country – despite the falling prices – continue to resort to bitcoin and other cryptocurrencies to survive and obtain the services they need. Argentina Is Growing to Love Bitcoin Romina Sejas is one such person who uses crypto on a regular basis. A native of Argentina, Sejas got her crypto start while working a job preparing...

Recent technical signals suggest bitcoin could be due for a breakout soon, something that’s sure to make investors everywhere squeal with joy. Bitcoin Might Be Coming Back Soon The crypto space has been doing rather poorly as of late, with bitcoin – the world’s number one digital currency by market cap – leading the way into the doldrums. BTC has crashed by more than 60 percent from its November 2021 all-time high of $68,000, and the crypto space has lost more than $2...