Credit: Eivind Pedersen – Pixabay Two young men received 2 years in prison for stealing 23 bitcoins posing as customer support for a popular crypto-exchange on Twitter. According to a statement from the United States Department of Justice, Karanjit Singh Khatkar and Jagroop Singh Khatkar, 23 and 24 years old respectively, residing in Surrey, British…
Actual volatility (volatility) is an indicator used to show the magnitude of daily price movements both up and down in a given period. The indicator almost rocketed for the Bitcoin network last week and reached the highest level in 3 years. The crypto analytics firm Skew Markets team shared a chart, noting that the price…
Bitcoin price recently dropped to $ 3,600 in BitMEX and $ 3,800 in Bitfinex, recording its biggest one-day drop in seven years. The sharp decline in the biggest cryptocurrency occurred during the sharp declines in the US stock exchanges. Bitcoin, at least theoretically, should have been a safe haven from the chaos of traditional financial…
Bitcoin (BTC) price fell to $ 3,600 in a short period of time on March 12, closing the day at $ 4,970. The biggest cryptocurrency came out of the big downtrend on March 13 and closed that day at $ 5.563 with an impressive rise of over 10 percent. Whether in the traditional markets or…
Bitcoin lost nearly $ 50 billion from its total market value in just seven days. The fear and panic that deeply hit the global markets also affected the cryptocurrency industry, and investors began to take positions in favor of cash. Some industry analysts believed that Bitcoin will jump up after this dramatic sales pressure, while…
Obviously, I didn’t feel like writing specifically about cryptocurrencies, Bitcoin, Ethereum, global stocks and forex markets. Let’s put all the information aside, let’s slow down a bit and apply the brakes. Health, economy, energy wars, diplomacy were surprised in which area we would turn. Also, we cannot catch up with the speed of data sharing…
The outbreak of the new coronavirus (COVID-19), which has destroyed the global markets, also severely injured the cryptocurrency market. The biggest cryptocurrency lost more than 50 percent of its chaos last week, with $ 75 billion of steam coming from the market. Despite all these negativities, there are some important developments showing that the leading…
Sparkswap, a bourse Bitcoin decentralized based on Lightning Network, no longer accepts registrations and will close its service permanently next Tuesday. On his blog, Trey Griffith, the founder of Sparkswap, said his company had failed to attract enough users. Build a cryptocurrency business, especially interacting with the banking system, is costly and, as things stand,…
According to the investors of Bitcoin (BTC), which fell greatly with the flash collapse on March 12, the half-life event in May will serve as a catalyst for an important bull run. With less than two months left to this highly anticipated event, the panic and fear caused by the new coronavirus undermined the bullish…
Bitcoin (BTC) dropped nearly 50 percent in one day with one of its biggest sales last week. However, according to Glassnode data, HODLers are now returning. Analyzing Bitcoin’s data on the blockchain, the firm realized that the “HODLer Net Position Change” model, which helps determine when whales sell and buy BTC, flashes green after the…
