Even if the cryptocurrency industry crashed in 2022, Bitcoin’s status as the “alpha coin” has remained remarkably stable. With a market capitalization of over $398 billion and a trading volume of $24,180,295, Bitcoin’s dominance in…
This Market Cycle Analysis Suggests Bitcoin Isn’t Done…
Over the past few weeks, crypto investors have been wondering if Bitcoin bottomed during the crash to $3,700. After all, the asset traded there for mere minutes, falling to that level as a result of…
Bitcoin Hash Rate Erases March Losses Before ‘Epic’…
Bitcoin (BTC) has posted a fresh sign of recovery as its hash rate bounces back to levels from before March’s crash. According to data from monitoring resource Blockchain, as of April 15, Bitcoin’s 7-day average…
China’s Digital Yuan Reportedly to Test in Four…
Screenshots of a purported pilot version of a wallet app for China’s forthcoming digital yuan are circulating on social media. Ling Zhang, executive director of M&A, Global Fiat, at cryptocurrency exchange Binance first shared the…
G20 Considers 10 Rules for Regulation of Stablecoins…
The G20 is setting rules to regulate stablecoins such as Facebook’s Libra cryptocurrency. Responding to a call by the G20, the Financial Stability Board (FSB) has provided 10 “high-level” recommendations that establish a regulatory framework…
Bitfinex’s BTC Holdings Decrease by One-Third in a…
Bitfinex’s Bitcoin (BTC) holdings have decreased by 66,000 in the past four weeks. On March 17, the exchange held 200,140 Bitcoin. By April 13 this amount had dwindled by 33%, to just 134,091 Bitcoin. The…
Bitcoin Showing Signs of Recovery But This Trend…
Bitcoin is showing a few recovery signs above the $6,760 support against the US Dollar. However, BTC price is still trading below a key bearish trend line and $7,000. Bitcoin is currently correcting higher and…
Bitcoin at Risk as IMF Warns of Worst…
The International Monetary Fund (IMF) has published a stark prediction that the unprecedented global economic slowdown triggered by ‘the great lockdown’ will get much worse before it gets better. With Bitcoin (BTC) experiencing a record…
Binance Coin (BNB) Monthly Gain Exceeds 151% as…
Since dropping to a 2020 low at $6.34 on March 13, Binance Coin (BNB) has been on an absolute tear, gaining 151.48% to reach a 4-week high at $15.93. Unlike Chainlink (LINK), the recovery has…