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Market Update: Cryptocurrency Market Cap Sheds $90B, Margin Calls Spike, Futures Slide
14.3.2020
Digital currency markets have been consolidating since Thursday’s massive price drop after more than $90 billion was erased from the cryptoconomy. Crypto markets saw some brief gains on Friday but prices have been meandering just above current support levels. At the moment, traders and crypto...
Bitcoin Ekes Out Gains but Remains in Red Amid Broader Market Rebound
13.3.2020
Bitcoin has recovered slightly from Thursday’s brutal selloff as global financial markets creep back into the green
Tax Office to Contact 350,000 Australians and Remind Them to Report All Crypto Profits
12.3.2020
Australian tax agents have set out to close a gap they say costs the state several billion dollars. Taxpayers who file various work-related claims and investment property deductions or declare income from sharing economy platforms such as Uber and Airbnb may be asked for explanations and receipts....
Bitcoin Maintains Gains as Global Equities Slide, US Yield Hits Record Lows
6.3.2020
Bitcoin is printing gains amid coronavirus-led risk-aversion in the traditional markets
Bitcoin Price Daily Gains Hit 3.2% as Analyst Eyes Rebound to $9.2K
2.3.2020
Bitcoin can reclaim $9,000 if Monday’s momentum continues, one Cointelegraph Markets analyst thinks
Market Update: Coronavirus Fears, Stock Market Crash, and Bitcoin Price Predictions
1.3.2020
Digital currency markets have been consolidating since the initial price drop on February 26 that saw $25 billion shaved off the entire cryptocurrency market. At the time of publication, the cryptoconomy is hovering just above the $245 billion zone and a few coins today are making slight gains....
Australian Court Accepts Cryptocurrency Exchange Account as Security for Legal Costs
28.2.2020
A court in Australia has agreed that a crypto exchange account can be used as security for potential legal expenses. Acknowledging the volatile nature of decentralized digital assets, the judge nevertheless conceded that cryptocurrency is a recognized form of investment in the current uncertain...
Bitcoin Erases February’s Gains, BTC Price Sinks Below $8,700
27.2.2020
Bears are now in control of the crypto market as investors are not viewing the current sharp pullback as a purchasing opportunity
February Gains Disappear as Bitcoin Drops Below $9k
26.2.2020
Crossing below the $9,000 price level is a new low for February 2020. Bitcoin has not traded below the $9,000 threshold since January 27, when it began a march to new highs in the $10,500 range
Bitcoin Price Drop Mirrors Last Golden Cross Which Led to 170% Gains
21.2.2020
Bitcoin is currently copying behavior after its last “golden cross” price event, which delivered huge gains
Tezos Remains in Green as Top 9 Coins Erase Weekly Gains
20.2.2020
After an increase in price of about 170% since the beginning of 2020, there’s no denying that Tezos (XTZ) has been on a roll in the market this year. Today, the cryptoasset, which aims to challenge Ethereum (ETH) as the leading smart contract platform, stood out once again as the only coin in...
Market Update: Bitcoin Halving Hype, Golden Cross Signals, and GBTC’s 41% Premium
19.2.2020
Cryptocurrency markets have seen fresh gains on Wednesday after the slight pullback that started two days prior. Most of the top 10 digital currencies by market cap have gained between 4-8% and the entire market valuation of all cryptos has hovered between $295-300 billion. Also Read: Voluntary...
Stellar Awaits “Golden Crossover” on a Daily Chart; Gains Over 9%
19.2.2020
Stellar (XLM), at the time of writing this article, was trading at $0.0759 and was hinting towards a positive intraday move. Just as BTC/USD is seen trading above $10,000 after 5 days of sluggish movement and testing supports around $9,600 and $9,700. Moreover, we anticipated this bullish move...
BitGo Gains Entry to Digital Securities World Through Acquisition of Harbor
19.2.2020
BitGo enters the world of digital securities through Harbor platform acquisition
TRON Exhibits Intraday Corrections; Gains Pace & Trades at $0.022
18.2.2020
TRON (TRX), at the time of writing the article, was trading at $0.0224, after having bottomed out at $0.0201, yesterday TRX/USD broke below the 90-day high price as there happens to be a “death crossover” and 200-day MA crosses above 50-day MA, on a half-hourly chart The 20-day Bollinger Bands...
BTC’s Market Share Drops Consecutively for 14 Days – Dominance Ratio Slides to 60%
15.2.2020
Cryptocurrency markets have been climbing higher in value as coins like BTC have gained over 19% during the last 90 days. However, many other digital assets have seen much larger gains and BTC dominance has been sliding downwards consecutively for the last 14 days. Also Read: Craig Wright’s...
Blockchain Use Gains Momentum in Oil Industry for Being Safer, Cheaper and Cleaner
14.2.2020
Oil companies are trialing blockchain to slash costs and increase security — “More than 40% of executives in oil and gas sector are considering blockchain.”
Altcoin Season Trending – LINK, XTZ, BSTX, HBAR Gain Up to 120% in 24h
12.2.2020
The last few days have shown bullish price activity across the list of top cryptocurrency markets. There’s been a lot of focus on coins like BTC, ETH, BCH, and EOS, but digital assets like HBAR (120%), STX (52%), XTZ (20%) and LINK (13%) have seen much larger gains this week. The cryptoconomy...
$118 Million of Plustoken BTC on the Move Again – New Dump Incoming?
11.2.2020
Plustoken’s stash of bitcoin is on the move again. The haul of ill-gotten gains, amassed during a long-running Ponzi scheme that accrued 187,000 BTC, has been sporadically liquidated, impacting the market price of bitcoin in the process. At 2:46 a.m. today, a known Plustoken address moved...
Tax Friendly Saint Kitts and Nevis Approves Progressive Crypto Bill, Lenient Capital Gains Exemption
7.2.2020
The island country of Saint Kitts and Nevis, located in the West Indies, recently passed a bill that legalizes digital currency assets like bitcoin cash. The act is cited as the Virtual Asset Bill 2020 and it aims to provide the regulation of cryptocurrencies for Saint Kitts and Nevis businesses...