Has the Bitcoin Price Ever Dropped Like This in the Past?

bitcoin price

The current bearish Bitcoin price pressure has made a lot of traders and enthusiasts uneasy. It is evident there isn’t much to be excited about given the current circumstances, but there are precedents for this negative market pressure as well. An extensive bear market is nothing new, nor is a massive price decline following a […]

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BTC Prices Below $8K Could Spell Disaster for Bitcoin Miners

BTC Prices Below $8K Not Good for Some MinersAccording to a study conducted by Wall Street analyst, Tom Lee’s agency, Fundstrat, BTC prices below the $8K range make it awfully difficult for miners to gain revenue. Lee details that at a global average rate of six cents per kilowatt-hour, some BTC miners are either breaking even right now or mining the cryptocurrency at […]

The post BTC Prices Below $8K Could Spell Disaster for Bitcoin Miners appeared first on Bitcoin News.

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Consumer Complaints Rise 669% After Crypto Prices Decline

Consumer Complaints Rise 669% After Crypto Prices DeclineJust recently a consumer research group called Valuepenguin did an analysis on complaints filed with the Consumer Financial Protection Bureau (CFPB) between June 1, 2017 and March 1, 2018. According to the study, after the significant 50-60 percent downturn in cryptocurrency values, consumer complaints surged by 669 percent. Also Read: Israeli Supreme Court Forbids Bank From […]

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SEC Publishes Warning Against Unlawful Crypto Exchanges

SEC Publishes Warning Against Unlawful Crypto ExchangesOn Wednesday, March 7, the U.S. regulator the Securities and Exchange Commission (SEC) published a letter concerning the potential of unlawful online platforms that trade digital assets. The SEC is concerned with platforms operating without permission and advises investors to use entities that are registered with the SEC as an alternative trading system (ATS). Also […]

The post SEC Publishes Warning Against Unlawful Crypto Exchanges appeared first on Bitcoin News.

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