Bitcoin price lost 25 percent in less than two days. It lost somewhere around $13k, or 25% in the past couple of days. It’s not alone. The entire crypto market …
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Blow to Bitcoin Haters as Tether & Bitfinex Settle with New York Attorney General
New York Attorney General Letitia James made an announcement Tuesday about reaching a settlement agreement with iFinex, the parent company of Bitfinex, and Tether, which puts an end to a 22-month legal battle. …
MoreBank of Korea Governor expressed skepticism over the recent crypto rally
Amid a major downward correction in the cryptocurrency market, the head of South Korea’s central bank is skeptical about digital currencies like Bitcoin (BTC). Bank of Korea Governor Lee Ju-yeol said …
MoreCoinbase Whale Accumulation Might Prevent Bitcoin Dropping Below $44K
Bitcoin prices have recovered somewhat since yesterday’s flash crash drove them into the ground temporarily, but metrics from Coinbase suggest there could be a $44k bottom due to whale accumulation.
MoreBill Gates: “Bitcoin Is Only for Billionaires Like Elon Musk”
According to Microsoft co-founder Bill Gates, you shouldn’t touch Bitcoin if you are not as rich and “sophisticated” as Tesla CEO Elon Musk: The fourth-richest person in the world took …
MoreBitcoin to print hugest hourly candle in history after BTC rebounds strongly to $54K
Data from Cointelegraph Markets and TradingView shows BTC/USD falling heavily during Monday trading, hitting lows of $47,400. After reversing at all-time highs of $58,312 on Sunday, Bitcoin fell almost $7,000 in under an hour, …
MoreBitcoin is having its bloodiest day in over a month: it collapses below $53K
While Bitcoin bulls are laser-focused on $100,000, bears have seemingly gained the upper hand. The cryptocurrency has so far dropped 8.53 percent on Feb. 22, recording its biggest drop since …
MoreIn Singapore, Bitcoin to challenge gold as a store of value
In ancient China, small golden or silver ingots were used as currency. Its weight in taels — a weight measurement unit in regions of East and Southeast Asia — determined its value. …
MoreTesla’s already seeing massive gain from Bitcoin
Tesla has already seen enormous gains from its recent Bitcoin investment according to analyst data. According to an analyst at Wedbush Securities, Tesla’s investment is looking at approximately $1 billion USD since …
MoreSouth Korea to finally set a hard date for the dawn of crypto taxation
South Korea will implement a 20% tax on Bitcoin (BTC) and cryptocurrency profits starting Jan. 1, 2022. The nation’s Ministry of Economy and Finance announced that profits made from both …
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