The Cryptoverse is stunned. While many analysts, traders were discussing where will bitcoin price go next – below USD 7,000 or USD 6,000 – the most popular cryptocurrency made one of its largest moves up. In less than one day, the price skyrocketed from c. USD 7,500 to more than USD 10,100. At pixel time…
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Crypto markets are in shock as Bitcoin price posted its biggest daily gain since 2011, squeezing $150 million in short positions to the disbelief of bears. The last 24-hours have been an absolute roller coaster for Bitcoin price (BTC). Earlier in the week, BTC swiftly dropped by 10% after failing to hold above the $8,400…
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In order to become a validator on the Ethereum 2.0, one is required to maintain 32 Ether, worth of $5,300 at publishing time. Ethereum 2.0 validators can expect to earn from 4.6% to 10.3% as rewards for staking on an annual basis, a senior ConsenSys exec says. 32 ETH required to become a validator Collin…
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After seeing colossal gains on the day, Bitcoin has broken back into the 10,000 range. Disclaimer: This news is breaking and will be subject to updates. Oct. 26 — Bitcoin (BTC) is back above $10,000 for the first time since Sept. 22 after seeing massive gains of 36% on the day as of press time.…
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The Central Bank of the Bahamas is planning to release its own fiat digital currency in order to ensure the economy’s resilience in the event of a natural disaster. The Central Bank of the Bahamas (CBOB) is planning to release its own fiat digital currency in order to ensure economies’ resilience in the event of…
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The master of hype and CEO of Tron, Justin Sun, announced that Tron will be partnering with a $100 billion megacorporation no later than next week. Justin Sun has teased an upcoming announcement that involves Tron (TRX) partnering with an unnamed “mega corporation.” “Make a guess?” Sun, the master of hype and CEO of Tron,…
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Ethereum co-founder Vitalik Buterin does not think that Bitcoin faces any real threats from Google’s quantum computer just yet. Ethereum co-founder Vitalik Buterin is not at all impressed by the perceived threat Bitcoin (BTC) faces from Google’s quantum computer. Buterin took to Twitter on Oct. 23, where he commented on the news that Google had…
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Bitcoin price posts a massive green candle, hitting $8.7K to the disbelief of bears who have taken hold of the crypto market in recent months. Bitcoin (BTC) price just made a $1,200 rally towards $8,700, leaving bears and shorts behind. Several signals were pointing towards a potential trend shift and price reversal, while the overall…
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Bitcoin managed a sharp turnaround just a day after 10% price dump. Does this increase the possibility of a bottom formation? The total market capitalization has bounced from very close to the $200 billion support, which is a positive sign. The pullback from the dip on Oct. 23 has been broad-based with Bitcoin (BTC) and…
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In a historic appearance before a U.S. House committee, the Facebook CEO didn’t say too much new about Libra. On Oct. 23, Mark Zuckerberg, founder and CEO of social media platform Facebook, appeared before the U.S. House Financial Services Committee to testify on the prospective global cryptocurrency Libra, which his company is backing. He ended…
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