Public Firm Faces Class Action Lawsuit for Falsely Claiming Link to Bitcoin

Public Firm Faces Class Action Lawsuit for Falsely Claiming Link to BitcoinAn application for a class action lawsuit against Apollo Power (TASE: APLP) has been submitted to the Tel Aviv District Court. The solar energy technology company is accused of misleading investors by making a false report. The matter at hand is how its share price jumped by 150% on December 18 after Apollo announced it […]

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After Ripple’s Rise BTC Dominance Falls Below 40%

After Ripple’s Rise BTC Dominance Falls Below 40%Despite being one of the most amazing periods of sustained gains for bitcoin, 2017 ends with the first cryptocurrency losing market share to altcoins. After falling as low as 37.9% in the last two days of 2017, the market dominance of bitcoin now stands at just 38.2% as of this writing on the first day […]

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2017: The Year of Altcoins, Forks, and Five Digit Bitcoin Prices

2017: The Year of Altcoins, Forks, and Five Digit Bitcoin PricesOn December 30th, 2016 the price of bitcoin (BTC) was $960 USD, and since then the price had risen 1,941 percent 350 days later to an all-time high of $19,600 across global exchanges. Now the price rests at roughly $13-14K but a lot more has changed this year besides the significant price rises of bitcoin […]

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Bitcoin Dips Below $13K as Market Struggles

TheMerkle Bitcoin Cash Price DeclinesThe cryptocurrency markets are treading water right now. Bitcoin has continued its downtrend, slipping even closer to the US$10,000 mark. And with a few exceptions, the other markets are following at its heels, as portfolios the world over are turning red. On the Come-Down Plenty of folks, especially here in the States, went to bed with the unpleasant knowledge that Bitcoin was struggling to retake US$14,000.  Well, king crypto has slouched even lower on his throne, sitting at US$12,766 at the time of writing. This price puts it about US$700 away from reaching the floor on which it bottomed out during last week’s

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Markets Update: BTC Value Against the Dollar Continues to Slide

Markets Update: BTC Value Against the Dollar Continues to SlideAnother holiday cryptocurrency market slump is here as bitcoin, and a broad swathe of other digital assets, are hitting new lows during New Year’s Eve weekend. On Saturday, December 30 around 7am EDT, the price of bitcoin (BTC) touched a low of $12,240 across global exchanges after coasting along at $14,300 for most of Friday’s […]

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Singapore Judge Dismisses $43M High Profile Bitcoin Case

Singapore Judge Dismisses $43M High Profile Bitcoin CaseRecently Singapore had its first high profile legal case involving over 3,000 BTC in a dispute between the UK-based company B2C2 and the local cryptocurrency exchange Quoine. According to the Singapore Commercial Court documents, Judge Simon Thorley has dismissed the plaintiff B2C2’s case for US $43Mn worth of bitcoins. Also read: While Bitcoin Trades Above $19K […]

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Crypto Market Struggling, Retains $500-$600B Capitalization

TheMerkle Ethereum market CorrectionThe overall cryptocurrency market seems to have stabilized after a correction that lowered its total capitalization to below US$450 billion last week. That said, the market has yet to convincingly bounce back to pre-correction levels, as its market cap continues to drift between US$500 billion and US$600 billion. The Bears are Back November and December saw record highs across most cryptocurrency markets. The total market cap increased a staggering US$350 billion from the beginning of November to its December peak, and top 10 coins repeatedly hit new all-time highs over the course of this latest market run-up.   Nothing lasts forever, however, and these fortunes faded almost as quickly

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Market Update: BTC Value Consolidates After Bouncing

BTC markets have produced sideways consolidatory price action in recent days, following bitcoin’s dramatic crash from almost $20,000 USD to test a low of approximately $11,000, and ensuing bounce up to the 0.618 retracement area. Most major altcoin markets have bounced in concert with BTC. Also Read: Seven Deadly Trading Mistakes Every Rookie Makes Bitcoin Markets […]

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