Tag Archives: AA News

The surge of interest in China woke up the entire cryptocurrency market and boosted Bitcoin’s trading volume. Yet, Bitcoin maintains relative stability, and the market is waiting to see the direction in which it will take off towards the end of the year.The altcoin market also felt the surge, and it seems that a lot of them are strengthening their communities and surviving the harsh crypto winter. Moreover, we continue to see a lot of additional fundraising and, perhaps, the relatively small...

When it comes down to investing, Bitcoin and gold have been heavily compared. According to a new poll initiated by the former Congressman of Texas, however, Bitcoin is seriously preferred over Gold and other investment options.10-year Investment SurveyRon Paul, the former congressman from Texas, initiated a poll on Twitter asking people what they would invest in if a wealthy person gifted them $10,000. The voters can choose between 4 options – 10-year US Treasury Bond, Federal Reserve Notes,...

Let’s rewind the clock for two years: The phrase “November 2017” is perhaps causing some eager smiles on anyone familiar with the cryptocurrency space. It was the peak of the most famous Bitcoin bubble.Now, let’s get back in time a year later to November 2018, a year ago. Or, if you want to be even more specific – November 14th, Bitcoin’s horror day. On that day, the Bitcoin price dropped below the significant 2018-support of $6000 and set the course for a 50% plunge in one month.When looking...

It’s safe to say that last Friday was a rather bad one for BitMEX, the most popular Bitcoin margin trading exchange. The company made a tiny mistake which ended up disclosing the emails of a lot of users while sending an update letter. However, the cryptocurrency exchange has just clarified that absolutely nothing but those emails was leaked and that they have taken the necessary measures in order to avoid accidents of the kind in the future.BitMEX Confirms Only Emails Were LeakedLast Friday,...

The cryptocurrency market went through a parabolic price surge in late 2017 causing a stir around the financial world. Bitcoin, the largest crypto by market cap, reached its all-time high at $20,000 but according to two U.S.-based academics, this price movement was manipulated by a single whale.Cryptocurrency Price Manipulation?The topic of price manipulation in the cryptocurrency market has been around for a few years. Finance professor John M. Griffin from the University of Texas and...

Bitcoin, once again, shocked the world last weekend when it surged with 42% in less than 24 hours. However, with that event behind our backs, Bitcoin’s volatility has been declining.After touching $10,350 last week, the price corrected and is currently around $9,200. It appears that the cryptocurrency is locked in a fairly tight range, and we haven’t seen any notable price movements during the week. This is precisely why it might be the case that Bitcoin is, once again, setting the stage for...

It appears that Craig Wright is running low on cash as he fails to finance his court settlement negotiated with the Kleiman estate. The case is one of the most interesting ones to monitor within the cryptocurrency field. Craig Wright, who also claims that he is the creator of Bitcoin, has been accused by the brother of now-deceased David Kleiman that he has stolen a sum of bitcoins. Is Craig Wright Running Low On Cash?A court document, filed in the Southern District of Florida, indicates that...

It’s safe to say that BitMEX has had better days. Earlier today, it was reported that many of its users’ email addresses had been leaked. A few hours later, it appeared that the platform itself had been compromised, as the company’s Twitter account stated that withdrawals had been suspended. Shortly thereafter, BitMEX announced that all funds were safe; indeed, withdrawals are working just fine.BitMEX Under SiegeThe day started off with some bad news for BitMEX, the most popular Bitcoin...

Bitcoin’s price has been trading around $9,100-$9,500 for a few days after the volatile movements of last week. However, on futures and options exchange Deribit, the price went through a violent red candle, reaching $7,700 in a manner of minutes and causing lots of losses. The company stated today that they will reimburse all affected users on their network.Bitcoin Price Plunge on DeribitThe issue was noted around 21:00 UTC on October 31st and it reportedly affected many users on their...

Today marks an important anniversary for Bitcoin, as exactly 11 years ago, the pseudonymous creator of the protocol, Satoshi Nakamoto, published its whitepaper. It goes without saying that a lot has happened since then, so let’s have a figurative walk down memory lane and see how the network has improved over the years. Bitcoin’s HashrateEver since Bitcoin was first introduced to the world, the network’s hashrate has been increasing steadily. Most of the gains in this respect, however, have...