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Bitcoin is currently trading for just over $6,900. After a 24-hour period of hovering at $6,800, the price has seemingly increased by roughly $100. Last week, the price of bitcoin seemed to fall by $100 a day. This week, the opposite is true. We first saw bitcoin standing at the $6,700 mark on Monday following … Read more
Researchers from Switzerland published a twenty page study on the predictability of bitcoin bubbles, using Metcalfe’s law and Log-Periodic Power Law Singularity (LPPLS), and determined bitcoin’s market capitalization might fall as much as $44 billion, or 35% (at the time of writing), by the end of 2018. Also read: More Bitcoin ETF Teasing, Encouraging Signs Emerge … Read more
Japanese financial provider Monex Group’s decision to acquire Coincheck at a relatively low price shows the company’s desire to enter the crypto sphere, regardless of the risk. #RECAP Go to Source Powered by WPeMatico
The blockchain surveillance company Chainalysis has announced it has raised $16 million USD in a Series A funding round from the firm Benchmark. Chainalysis also reveals it will be stretching its monitoring software efforts towards the bitcoin cash network and hopes by the year-end the platform will cover ten different public blockchains. Also read: Russians … Read more
On April 4, 2018, the notorious former CEO of the now defunct bitcoin exchange Mt Gox started an Ask-Me-Anything (AMA) post on the Reddit forum /r/bitcoin. Mark Karpeles (AKA Magical Tux) explained that he’s willing to answer questions concerning the controversial bankruptcy process that’s taking place in Japan within the Tokyo court system. Karpeles writes … Read more
Former Mt. Gox CEO calls keeping spare $1 bln liquidation cash for shareholders “distasteful”. #NEWS Go to Source Powered by WPeMatico
Recap of the biggest single exchange hack that ever happened in Japan, following in the path of the former record holder, Mt. Gox #RECAP Go to Source Powered by WPeMatico
Following a rough two-week period, it seems like the predictions regarding bitcoin’s alleged recovery might be coming true. Yesterday saw the currency trading at roughly $7,100. A $300+ jump is now in the books, and at press time, bitcoin is trading for just shy of $7,500. This is a near five percent spike in less … Read more
April Fool’s day has been filled with crypto-related pranks ranging from fake launches of ridiculously-named cryptocurrencies to Coinmarketcap’s “Lambo” currency reference. #NEWS Go to Source Powered by WPeMatico
Crypto whales are generally thought of as wealthy traders with the ability to move markets via a single sell order. Yet the greatest whales of all aren’t traders but ICOs which own millions of ether worth billions of dollars. Over 3% of the total ethereum supply is estimated to be in the hands of ICOs, … Read more
