Crypto news

With only two days left to the third halving, severe levels of volatility reached the cryptocurrency market, and Bitcoin plunged by 20% in a matter of hours.Similar price developments transpired back in July 2016 when, again, two days before the second halving, BTC dropped by 11%.History On Track In 2016 and 2020As CryptoPotato reported earlier today, the primary cryptocurrency, and most of the market, nosedived. After the recent impressive surge and touching the psychological level of...

This was one of the worst days for Bitcoin’s price over the past years. Starting yesterday just one step away from the $10K mark, Bitcoin saw an intraday crash to below $8000, before a slight recovery.At some point, the daily candle reached almost 20% in the negative. Anyone who knows Bitcoin can’t say it’s out of the blue. However, as we get close to the halving, such a massive decrease can trigger a larger panic-sell. We had seen already what weak hands could do only two months ago on March...

Bitcoin crashed 10% in 30 minutes, and almost 20% over the past hours, plunging below $8000 on some exchanges. Just two days before the anticipated Bitcoin halving event and no more than 48 hours after touching the $10K mark, a classic “sell the news” dump had initiated.As of writing these lines, the price of Bitcoin corrected a bit and currently trading around $8500, which is a 12% drop over the past 24 hours. While Bitcoin’s current daily low on Bitstamp was $8117, Binance Futures platform...

Bitcoin Cash is facing two months resistance level at $280, but bulls are not giving upAfter finding support against BTC, Bitcoin Cash started to show recovery towards March levelBCH/USD: Bitcoin Cash Poised For BreakoutKey Resistance Levels: $279, $300, $322Key Support Levels: $236, $215, $200BCH/USD. Source: TradingViewBitcoin Cash saw a slight daily increase following a nice recovery from $236 this week, although the gain is still mild compared to the recent $1000 surge in Bitcoin’s price...

Following the brief jump bitcoin made into $10,000 territory during yesterday’s early morning hours, the entire crypto market swelled like enthusiasts wouldn’t believe, with the overall market cap surging by more than $13 billion in a single day.Bitcoin Is Jumping Towards Much Greener TerritoryThe price was first noticed on exchanges in Singapore and other parts of Asia. Over the next few hours, digital trading platforms in New York, for example, would list bitcoin at about $9,890, and the...

The first website that claimed Bitcoin was dead ten years ago does not function anymore. Over the years, the primary cryptocurrency has attracted lots of pessimism, criticism, and doubt on itself but is now officially outliving some of the non-believers.The First “BTC Is Dead” Website DiesFor over a decade of existence, Bitcoin has seen a fair share of negativism going its way. The naysayers grew fast, primarily in the early stages.Interestingly, this rising number led to the emergence of a...

Bitcoin is currently trading in the $9,900 range, though it did hit $10,000 briefly during yesterday’s early morning hours, suggesting that for a brief period, the world’s number one cryptocurrency by market cap managed to regain all its losses of the past three months.Bitcoin Is On the Verge of Striking It BigBitcoin has been on a serious roller coaster ride since late February. At that time, the currency was trading for well above $10K, though by the time early March rolled in, the asset...

A teenager in New York is being sued for more than $70 million in a federal court due to his alleged role as the potential ringleader of a cryptocurrency fraud scheme that may have stolen millions in crypto funds from investors around the country. The teen’s name is Ellis Pinsky, and the plaintiff is none other than Michael Terpin, who crypto enthusiasts should all know by now.Terpin Is At It AgainTerpin has been heavily involved in a potential SIM-swapping case since 2018 that saw him lose...

MyEtherWallet is among the most popular and veteran wallets for storing ETH and ERC-20 tokens, which are Ethereum blockchain-based. Besides the well-known web wallet, MyEther had recently launched a mobile app, available for both Android and iOS devices.MyEtherWallet or MEW Wallet app allows users to buy and send cryptocurrencies quickly and on-the-go. Users can get the app on the Apple AppStore, Google Play, or Samsung’s Galaxy Store, create their wallet, and buy Ethereum (ETH) using the new...

According to a recent report, a group of international campaigners and campaign groups claiming to work to tackle sexual exploitation have contacted numerous credit card companies to block payments to adult websites.If successful, this could raise the case for cryptocurrencies to replace credit and debit cards, and to serve as payment options.Credit Card Companies To Block Porn Sites?Per the BBC report from yesterday, more than ten campaigners and campaign groups have signed and sent a letter...