Tag Archives: bitcointrading

Cardano Investors Sell Amid Bitcoin Drop, ADA Down 32%

Cardano (ADA) sheds 32.7 percent week-to-date Emurgo releases Yoroi update There’s a new Yoroi wallet update introducing further improvements like the hide balance option. However, that is not enough to support ADA as prices are down 32.7 percent. Cardano Price Analysis Fundamentals Research and peer-reviewing of code underpin Cardano. Promising to dislodge Ethereum as the king of smart … Continue reading Cardano Investors Sell Amid Bitcoin Drop, ADA Down 32%

Bitcoin Price Below $9.5K Could Spark 80% Parabolic Advance Correction, Trader Warns

Bitcoin (BTC) continued to trade down on July 17 after a further 10% fall sent the price of the largest cryptocurrency back below $10,000.  Market visualization courtesy of Coin360 Data from Coin360 showed a problematic 24 hours for traders Wednesday, BTC/USD circling $9,600 after bouncing off lows at just $9,266. The downward trend followed increased United States government attention on cryptocurrency and … Continue reading Bitcoin Price Below $9.5K Could Spark 80% Parabolic Advance Correction, Trader Warns

Bears Rejoice as Bitcoin Fails to Reclaim $10k and Targets Lower

The Bitcoin pullback that started over the weekend has accelerated as we hit mid-week. During yesterday’s US trading session BTC dropped below the highly critical $10,000 level and has failed to reclaim it as we roll into another day’s trading. Bitcoin Drops Below $9,300 Since the weekend BTC has dumped 20 percent as the selloff accelerates. … Continue reading Bears Rejoice as Bitcoin Fails to Reclaim $10k and Targets Lower

Bitcoin Noticeably Absent From Senate Hearing on Facebook’s Libra

For a panel about a proposed cryptocurrency, Tuesday’s Senate Banking Committee hearing was notably light on crypto talk. Bitcoin was barely mentioned during the two-hour session and most of the lawmakers seemed far less concerned with the technology than with who was planning to leverage it: Facebook. Sen. Brian Schatz (D-Hawaii) put it perhaps the … Continue reading Bitcoin Noticeably Absent From Senate Hearing on Facebook’s Libra

Tether Accidentally Minted $5 Billion of Its Stablecoins, Then Deleted Them

Stablecoin issuer Tether accidentally created $5 billion-worth of its USDT stablecoin at the weekend, before promptly destroying them again. The mess-up occurred when the company was helping cryptocurrency exchange Poloniex conduct a chain swap, moving tethers from the Omni to the Tron blockchains, according to Tether CTO Paolo Ardoino. Ardoino explained in a tweet on Saturday: … Continue reading Tether Accidentally Minted $5 Billion of Its Stablecoins, Then Deleted Them

Why Bitcoin Investors Are Taking the U.S. Treasury’s Crypto Quip in Stride

Just five years ago, Bitcoin (BTC) being mentioned by some of the biggest names in finance and politics was a quixotic dream. Now, this dream is coming to a reality. Ever since the cryptocurrency market rebounded in late-2018, investors, politicians, and technologists have begun to realize that Bitcoin is not going to die. And thus, they’ve sprung out of … Continue reading Why Bitcoin Investors Are Taking the U.S. Treasury’s Crypto Quip in Stride

Bitcoin Dominance Taps 70% in Recovery Rally, Are Altcoins Dead?

Bitcoin has made a bit of a recovery today in the wake of comments by US Treasury Secretary Steve Mnuchin. The 8 percent pump has left altcoins in the digital dust again as BTC market share knocks on the door of 70 percent. Bitcoin Briefly Back at $11,000 This time yesterday Bitcoin was trading very … Continue reading Bitcoin Dominance Taps 70% in Recovery Rally, Are Altcoins Dead?

Monero Reports on Resolving Fake XMR Minting Bugs a Month After Fix

Cryptocurrency is so far on the cutting edge that it almost defines it, yet some are finding out the hard way that it’s even sharper than anticipated. The frightening reveal ofnine security bugs through HackerOne internet security platform that had affected Monero (XMR) in recent months — ranging from the insignificant and solved to the malicious and live … Continue reading Monero Reports on Resolving Fake XMR Minting Bugs a Month After Fix

Polkadot Tokens Valued at $75 Pre-Launch in Crypto ‘Futures’ Offering

Say hello to the IFO. The cryptocurrency futures exchange CoinFLEX, backed by Polychain Capital and investor Roger Ver, will launch its first initial futures offering (IFO) this week. “This is the first time we’ve made a futures market for a coin that doesn’t actually exist yet,” CoinFLEX CEO Mark Lamb told CoinDesk. “It’s a determiner of … Continue reading Polkadot Tokens Valued at $75 Pre-Launch in Crypto ‘Futures’ Offering

Bitcoin’s Price Could Rise If Facebook’s Crypto Survives Congress Hearings

Bitcoin has come under pressure ahead of the U.S. governmental hearings on Facebook’s Libra cryptocurrency on July 16 and 17. The price of a single bitcoin, which stood near $13,000 five days ago, fell below $10,000 earlier today and tested the 50-day moving average at $9,900 for the first time since February 18. Facebook’s head … Continue reading Bitcoin’s Price Could Rise If Facebook’s Crypto Survives Congress Hearings