Category Archives: Coins

Who’s In Control? New Bitcoin Investors Now Hold Over 50% Of The Market

Who’s In Control? New Bitcoin Investors Now Hold Over 50% Of The Market

Recent data from Glassnode shows that new buyers, who have held their assets for 24 hours to three months, now own 50% of the market’s value. This figure tells an important story about the current state of the crypto market, especially as Bitcoin fluctuates around $100,000. The top cryptocurrency experienced big price changes, going up […]

Bitcoin Price is Reaching Critical Support Level As Wall Street Dives

Bitcoin Price is Reaching Critical Support Level As Wall Street Dives

During the previous trading session, Dow Jones fell a record (since its foundation!) 4.6 percent, which could not leave the price of alternative investment assets unaffected. The official reason for the aggravation of the cryptocurrency market situation was the news of China’s blocking its citizens from accessing foreign exchanges and ICO websites. It seems that […]

What is Bitcoin (BTC)

What is Bitcoin (BTC)

Bitcoin is the original cryptocurrency. It represents the very first implementation of cryptography for securing electronic payments. Most other coins are based on or inspired by Bitcoin’s Blockchain technology. Bitcoin, the fountainhead of all cryptocurrency The word “Bitcoin” refers both to the code that represents a digital measure of value – the “coin” – and […]

What is Bitcoin (BTC)

What is Bitcoin (BTC)

Bitcoin is the original cryptocurrency. It represents the very first implementation of cryptography for securing electronic payments. Most other coins are based on or inspired by Bitcoin’s Blockchain technology. Bitcoin, the fountainhead of all cryptocurrency The word “Bitcoin” refers both to the code that represents a digital measure of value – the “coin” – and […]

Mt. Gox Has Tanked Bitcoin Price Again, Bankruptcy Trustee Reveals $405 Mln in Sales

Mt. Gox Has Tanked Bitcoin Price Again, Bankruptcy Trustee Reveals $405 Mln in Sales

The bankruptcy trustee for the defunct Mt. Gox exchange announced yesterday that he had sold $405 mln in Bitcoin over the last few months, a total of 35,800 BTC and 34,000 BCH. The selling of such massive volumes could be a big part of the reason Bitcoin fell from its high of $20,000 to its […]

Mt. Gox Has Tanked Bitcoin Price Again, Bankruptcy Trustee Reveals $405 Mln in Sales

Mt. Gox Has Tanked Bitcoin Price Again, Bankruptcy Trustee Reveals $405 Mln in Sales

The bankruptcy trustee for the defunct Mt. Gox exchange announced yesterday that he had sold $405 mln in Bitcoin over the last few months, a total of 35,800 BTC and 34,000 BCH. The selling of such massive volumes could be a big part of the reason Bitcoin fell from its high of $20,000 to its […]

Highway to Hell: Bitcoin Price Drops to $8,600 As Buyers Remain Helpless

Highway to Hell: Bitcoin Price Drops to $8,600 As Buyers Remain Helpless

It’s fortunate that the color black does not have shades; otherwise, we would be obliged to say that Thursday turned out to be even blacker than the “Black Wednesday,” as we dubbed it yesterday. The fall of the market continues at the same pace, and the lack of a silver lining is draining the reserves […]

Market in Free Fall: Bitcoin Drags Monero and Ripple Down, Panic Sales Hurt Litecoin

Market in Free Fall: Bitcoin Drags Monero and Ripple Down, Panic Sales Hurt Litecoin

On Monday, uncertainty was already turning into a full-fledged downtrend, and by the beginning of Tuesday bears achieved a decisive victory. For all currency pairs that we examined yesterday, decline targets were fulfilled and in some cases even overshot — fear prevailed over investor’s greed, and a wave of panic sales washed over the market, […]