Tag Archives: Bitcoin

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...

Bitcoin hasn’t been doing well as of late when it comes to price, but in terms of options trading, things are rising higher than anyone had anticipated.Bitcoin Options Are Getting a Lot of AttentionIt is being reported that trading volumes amongst bitcoin options have broken new records. The total trading volume amongst major platforms – i.e. Bakkt, CME Group, etc. – is just shy of $200 million, thereby breaking the previous all-time high of $171 million set last February by almost $30...

Recently, Live Bitcoin News reported that while crypto wasn’t doing so well as of late, stocks, bonds and oil had also taken turns for the worse.Bitcoin Analysts Tell Wall Street to Calm DownWe’ve reached something of a conundrum in that crypto enthusiasts have dealt with hardcore volatility and price swings in the past and are less likely to “freak out” when something big happens. Wall Street, however, still shows signs of concern whenever the markets don’t do well.Today, bitcoin and crypto...

In what has arguably been one of the worst drops for bitcoin in recent history, the world’s number one cryptocurrency by market cap has fallen back down to where it was in late January.Bitcoin Is Down for the CountWhile some are quick to blame the panic surrounding the coronavirus, others are saying that separate factors are responsible. Tim Enneking – the managing director of Digital Capital Management – says that bitcoin spiked to $10,500 too quickly, and that what we’re experiencing now is...

Bitcoin price declined heavily and broke the $8,000 support against the US Dollar.The price traded as low as $7,636 and it is currently correcting higher.There are two key bearish trend lines forming with resistance near $8,840 and $9,200 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could correct higher, but it is likely to face a lot of hurdles near $8,400.Bitcoin price is trading in a bearish zone below $8,400 against the US Dollar. BTC is likely to correct...

Belgium has decided to auction off several bitcoins it has in police storage.Belgium Is Set for a Bitcoin AuctionThis is a tactic that has been utilized time and time again and will likely continue so long as criminals seek to perform activities utilizing bitcoin. Several of these bitcoin auctions occurred years ago after the fiasco involving Ross Ulbricht, the alleged creator of the black-market website Silk Road. The U.S. Marshals service sold off several of the bitcoins held in Ulbricht’s...

Bitcoin has come to a crashing, screeching halt.Bitcoin Crashes, Loses All Its 2020 GainsAt the time of writing, the world’s number one cryptocurrency by market cap has fallen into the $7,000 range and is now trading at a measly $7,600. All the gains it’s made this year have been erased from the trading board. As fears of the coronavirus turn into a global panic, bitcoin and its altcoin cousins – along with several other market tools, such as oil, bonds and stocks – are all paying the...

Tulsi Gabbard is still in the presidential race and still looking to earn the position of commander-in-chief this coming November.Gabbard Has Crypto ExperienceGabbard is at the bottom of the totem pole this election season. The democrats have lost sight of several “playmates” including Elizabeth Warren, who made the decision to suspend her campaign following very weak turnouts during Super Tuesday last week. Warren came in third to both Joe Biden and Bernie Sanders in several states, and even...

Bitcoin – the number one cryptocurrency by market cap – has taken another ugly fall at the time of writing, and many are blaming Coinbase CEO Brian Armstrong and his latest string of comments.BTC Takes a Nosedive Thanks to Brian ArmstrongAt press time, bitcoin is trading for just over $8,300, meaning it has lost another $600 over the past 24 hours. Armstrong is now saying that it probably won’t be bitcoin that pushes the cryptocurrency arena forward, but rather a list of emerging altcoins...

Bitcoin may be going through some heavy turmoil as of late, but its believers are still hovering in the background waiting for it to accomplish big things.Bitcoin Is Still Likely to Accomplish a LotThanks to growing fears of the coronavirus, bitcoin has seemingly fallen heavily over the past few weeks, dropping from about $10,500 in mid-February to roughly $8,300 by the end of the month. Over the past week, positive news has permeated the space, allowing the currency to recuperate...