CNY Inflows Into Crypto Markets Surge After Shanghai Composite Spike

CNY Inflows Into Crypto Markets Surge After Shanghai Composite SpikeBack in January 2017, China’s financial authorities initiated their first crackdowns against domestic bitcoin exchanges, with a ban on mainland exchanges cryptocurrencies against the yuan coming shortly thereafter. Now, close to two years and three months later, a surge of CNY has been flowing back into the digital currency economy after the Shanghai Composite posting […]

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Survey: Nearly Half of Millennial Traders Have More Faith in Crypto Than Stock Market

Survey: Nearly Half of Millennial Traders Have More Faith in Crypto Than Stock Market due to 'Generational Shift'Nearly half of millennial traders have more faith in cryptocurrency exchanges than they do in traditional ones. They are also enthusiastic about the prospect of traditional financial institutions offering crypto assets. That’s according to a new survey which shows a “generational shift” where millennials “place their faith in the power of technology and open networks.”  […]

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Christmas Eve Dump Sends Bitcoin to $3,800

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Until just hours ago, Bitcoin and altcoin markets looked as promising as they have been in quite some time. After gaining over 30% from December 25 lows of US$3,200, Bitcoin is plunging downwards once again. As usual, the rest of the market has followed suit. After a series of short squeezes saw volume heavily increasing […]

The post Christmas Eve Dump Sends Bitcoin to $3,800 appeared first on NullTX.

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Bitcoin Price Watch: Currency Continues to Fall Amidst Negative Market Trends

At press time, the father of cryptocurrency has ultimately fallen to just over $4,100. This is a $100 drop from our previous price article, and it appears the cryptocurrency crash isn’t coming to a halt anytime soon. We’ve discussed the bitcoin cash hard fork that took place just over a week ago, and how its […]

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Bitcoin Price Watch: Low Volatility Separates Bitcoin from Other Assets

At press time, bitcoin is still trading in the $6,400 range. Nothing’s changing for everybody’s favorite form of crypto; it’s been trapped in this range for roughly two weeks, and it’s likely to stay here for a while. One source claims that a sell-off occurred late last week, and interestingly, bitcoin appears to be the […]

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Bitcoin Price Watch: Currency Moves Up, Correlates with Stock Behavior

At press time, the father of cryptocurrency has moved up from its recent drop and is trading for over $6,400. While this doesn’t compare with the oh-so-spectacular $6,500 range of roughly one and two weeks ago, the currency is making headway considering its recent – and frightening – drop to $6,200. Late last week, bitcoin […]

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Bitcoin Price Watch: Currency Drops Like a Hot Potato Amidst Alleged Volatility Low

Well, so much for loving $6,500. After what feels like weeks of simply hovering at $6,500 and refusing to budge, the father of cryptocurrency has plunged by over five percent within the last 24 hours and is now trading for a measly $6,200. It’s probably fair to say that 2018 has not been the year […]

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