Positive News Keeps Flowing in, but Bitcoin’s Price Still Down

There was a time when even the slightest hint that a new development was taking place in the crypto industry would drive prices up instantly. Reddit accepting Bitcoin was enough to drive the price of Bitcoin up by hundreds of dollars in just a few hours; rumors that Coinbase would list XRP would send the […]

Go to Source

Powered by WPeMatico

Markets Update: Cryptocurrency Prices at the Crossroads

Markets Update: Cryptocurrency Prices at the CrossroadsCryptocurrency prices have once again dipped some more as most digital assets are seeing 24-hour losses of around 2-10 percent today. Bitcoin Core (BTC) markets have dipped below the $6K region to a low of $5,774 per coin but have since rebounded a hair to $5,907. Bitcoin Cash (BCH) markets dropped to a low of […]

The post Markets Update: Cryptocurrency Prices at the Crossroads appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Bitcoin in Brief: Exchanges Expanding, Brave Adds Tor, Tether Double Spent

Bitcoin in Brief: Exchanges Expanding, Brave Adds Tor, Tether Double SpentIf you thought that only proof of work coins were susceptible to double spending attacks, you haven’t met tether. The world’s ninth largest crypto by market cap and second largest by volume is meant to be a haven in a sea of uncertainty, but even it’s not immune to jiggery-pokery, as we’ll learn in today’s […]

The post Bitcoin in Brief: Exchanges Expanding, Brave Adds Tor, Tether Double Spent appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Bitcoin in Brief Monday: Chief Strategist Quits Bitfinex, Cryptos Climb Capitol Hill

Bitcoin in Brief Monday: Chief Strategist Quits Bitfinex, Cryptos Climb Capitol HillIn today’s edition of Bitcoin in Brief, “U.S. person” Phil Potter, Chief Strategy Officer at crypto exchange Bitfinex, is departing the company as it pivots away from the United States. In America, the Supreme Court mentions Bitcoin and cowrie shells in the context of money. On Capitol Hill, congressmen have been warned to disclose their […]

The post Bitcoin in Brief Monday: Chief Strategist Quits Bitfinex, Cryptos Climb Capitol Hill appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Pairings of 6 Cryptocurrencies Comprises 69% of Total Crypto Volume

Pairings of 6 Cryptocurrencies Comprises 69% of Total Crypto VolumeAnalysis conducted by Diar has indicated that only a minority of cryptocurrencies represent the vast majority of trading volume in the virtual currency markets – with only 0.36% of tradable cryptocurrencies found to have comprised 69% of the total trade volume of the entire cryptocurrency markets. Also Read: The Poor Flip, the Rich Hodl, Startup Finds […]

The post Pairings of 6 Cryptocurrencies Comprises 69% of Total Crypto Volume appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Law Firm Hired by Bitfinex Confirms Tether Reserves

There are numerous theories regarding the roller coaster market movements of cryptocurrency over the past year. A popular one revolves around the use of Tether (USDT) to inflate the price of Bitcoin during the bull market, and deflate it on the way down. However, a June 20 report suggests the controversial stablecoin may be more […]

Go to Source

Powered by WPeMatico