Tag Archives: BTCGBP

Bitcoin has failed to break above $40,000 again and has stalled beneath $39,000. The altcoin situation is significantly more volatile, with Ethereum jumping north of $1,200 and Polkadot surpassing XRP as the fourth-largest crypto following a 30% surge.ETH Above $1,200, DOT Takes The 4th SpotThe alternative coins demonstrated high volatility levels in the past week, with massive drops during the Black Monday crash and rapid recovery sessions in the days that followed.Most large-cap ones have...

The bulls are back in town with a solid 15% daily price surge, as BTC reclaims the $40K price area. Only two days ago, after reaching $42K ATH, the primary cryptocurrency dropped by a steep 30% to find support upon the $30K level.The correction was even quicker than the drop as BTC had gained $5,000 only yesterday and closed the daily candle at $37,415 (Bitstamp). Today, Bitcoin’s price continued even higher, recording $40,122 as the daily high as of writing these lines.Bitcoin has initiated...

Recent data indicates that the number of Ethereum coins stored on exchanges has been gradually decreasing in the past year and showcased a massive drop in the past 24 hours alone.This causes speculations if the growing demand for ETH and decreasing liquid supply could skyrocket the asset price.Ethereum Held On Exchanges EvaporatesAccording to the cryptocurrency monitoring resource CryptoQuant, the number of ETH tokens stored on exchanges reached a 12-month high of over 14 million in the...

Twitter’s CEO Jack Dorsey has issued a statement in which he defended the social media’s decision to ban the account of US President Donald Trump.Interestingly, the executive also took a moment to praise bitcoin’s decentralized nature, saying that the Internet should strive to be more like it.The History Of Trump’s Social Media BansNews broke last week when multiple social media platforms, including Facebook, Snapchat, and Twitter, permanently suspended the account of the still active US...

The NASDAQ-listed business intelligence giant MicroStrategy will host an online conference to educate large organizations about the potential merits of investing in bitcoin. Called “Bitcoin for Corporations,” the initiative has also received support from other industry giants such as Gemini, Binance, Coinbase, Fidelity, Grayscale, and more.Bitcoin For Corporation Coming In FebruaryThe company’s founder and CEO, Michael Saylor, announced the initiative on his Twitter account and advertised it...

After Bitcoin price recorded an all-time high last Friday at $42K, the primary cryptocurrency finally went down for the anticipated correction following the enormous 3-month rally.BTC price soared from $10,500 to $42,000 without going through any significant correction. During the previous parabolic bull-run of 2017, there were several corrections of 30% on average.The correction, which started on Sunday, saw a two-day plunge starting from the $41K level down to $30K at its lowest. Yesterday,...

New Zealand’s financial regulator has warned investors of the dangers of investing in Bitcoin. The comments were aimed at the recent fluctuations in the price of the major cryptocurrencies, which have shown quite the amplitude.Negativity, Led By The Recent Ups and Downs of BTC PriceNew Zealand’s Financial Markets Authority (FMA) has issued a candid warning for investors from the country, considering their take on cryptocurrency and mainly Bitcoin. A recent news report by the Herald quoted the...

Christine Lagarde, the President of the European Central Bank (ECB), believes that bitcoin requires a unified global regulation framework to work properly.Interestingly, Canadian businessman and Shark Tank star Kevin O’Leary also noted that the cryptocurrency could become “something of tremendous value” if world regulators back it up.ECB President On BTC RegulationsThe 65-year-old French politician and current President of the ECB has been calling on clear regulation for bitcoin for a while....

The topic of working COVID-19 vaccines has been widely discussed ever since the virus started spreading globally last year. Although a few have already been approved, their distribution faces difficulties and delays. This has prompted fraudsters to take advantage by promoting vaccines on the dark web and requesting up to $1,000 per dose paid via bitcoin.COVID-19 Vaccines On The Dark Web For BTCVaccines usually require years of research and testing before reaching people. However, the rapid...

The largest US-based cryptocurrency exchange Coinbase has issued a formal apology for users in the UK and the EU region. The company acknowledged that its services have been unstable because of the high number of new registrations and the latest regulatory requirements.More Users Led To Problems On CoinbaseCoinbase users located in the UK or the EU might have noticed that the services on the popular US exchange didn’t operate properly in the past two months. The platform displayed “partially...