News that major Bitcoin whales have not sold BTC for almost 5 years is leading crypto investors to feel more bullish as the halving event approaches
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Data Shows Bitcoin Whales Have No Intent of Selling at Current Prices
Category: Bitcoin
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Facing Mounting Regulation, BitMex Closes Japan Service
BitMex, the world’s biggest crypto derivatives exchange, is closing services to all Japanese users because of new regulations
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Mobile Ransomware That Doesn’t Ask Victims For Crypto Emerges
The study from Check Point reveals that cybercriminals are using the FBI’s name to collect ransom payments
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Chinese Court Declares Ethereum Legal Property With Economic Value
A district court in China has reportedly ruled that Ethereum’s cryptocurrency is legal property with economic value. This ruling follows a couple of other verdicts on the legality of cryptocurrency, including bitcoin, by various Chinese courts. While cryptocurrency is not legal tender in China, people can hold and transfer them like property. Court Ruling: ETH […]
The post Chinese Court Declares Ethereum Legal Property With Economic Value appeared first on Bitcoin News.
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Chinese Officials Support Renewable Energy-Powered Cryptocurrency Mining
The Chinese city of Ya’an plans to encourage local mining operations powered by its hydroelectric electricity generation facilities
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Bitcoin Price Holds Near 7-Week Highs of $7.8K as Futures Volume Rises
Bitcoin markets are still positive as the May halving closes in, preserving last week’s 10% gains
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New Stock-to-Flow Forecast Puts Average Bitcoin Price at $288K by 2024
Bitcoin should now trade at an average of $288,000 over the next four years, says stock-to-flow creator PlanB
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Bitcoin Whale Suggests BTC Price Will Crash — Halving Is Priced in
Sellers eye $8,000 as an area for short-term reversal and a major Bitcoin whale says the halving is already priced in
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Mati Greenspan: Bitcoin’s Correlation with S&P 500 at 9-Year High
Speaking from Tel Aviv for Virtual Blockchain Week, crypto analyst Mati Greenspan sees a definite correlation between BTC and the S&P 500
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Coronavirus Can’t Keep Crypto markets Down as Bitcoin Surpasses $7,700 Again
There have been several disturbing consequences to the global coronavirus crisis. One interesting aspect is how most, if not all of the cryptocurrency markets have recovered from the onslaught rather easily. During the initial stages of the coronavirus crisis, many markets suffered from volatility. Crypto Markets Recover During Coronavirus Crisis Albeit this is normal in the cryptocurrency space, things got out of hand fairly quickly. Bitcoin quickly dropped by over 50%, and altcoins only suffered from even worse bearish pressure. Today, that situation looks very different, which is a good thing. More specifically, it would appear that the markets have
The post Coronavirus Can’t Keep Crypto markets Down as Bitcoin Surpasses $7,700 Again appeared first on The Merkle News.
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