The US Securities and Exchange Commission (SEC) has levied a $45 million fine on Nexo Capital Inc. The SEC explains the reason for the fine in a tweet, Today we charged Nexo Capital Inc. with…
If History Repeats Itself, Bitcoin Will See a…
Bitcoin has been caught within a steady uptrend throughout the past month, with the benchmark cryptocurrency’s overtly bullish reaction to its capitulatory drop to lows of $3,800 looking increasingly like a long-term bottom. The bullishness…
Americans Purchase $1,200 Worth of Bitcoin, While 7…
For years now, bitcoiners and cryptocurrency proponents have said the antiquated banking system will not continue to survive for very long and the financial system is showing massive cracks these days. The recent stimulus check…
This Major Crypto is Poised for New Lows…
2020 has been a particularly rough year for Litecoin, with the crypto closely tracking Bitcoin’s price action and trading right around where it started the year at. Although LTC has been able to avoid declining…
Dai Lending Rates Rise to One-Month High on…
Interest rates have spiked for deposits of dai, the U.S. dollar-linked stablecoin, on the decentralized finance (DeFi) platform Compound, another ripple effect from the worldwide coronavirus-related market meltdown. The annual percentage rate a user would…
What I’ve Learned Learned From Trading Bitcoin, Stocks,…
As an opportunist and inherent risk-taker, the recent volatility in traditional markets like stocks and gold has proven too alluring an opportunity for this Bitcoin trader to pass up. Here is a collection of what…
Crude Oil Gutted to Sub-Zero Prices as Bitcoin’s…
An unprecedented sell-off has taken Bitcoin’s purchasing power sky high. Following a market downturn, crude oil is now so cheap that a single Bitcoin (BTC) can buy over 600 barrels. According to data from monitoring…
Price Analysis 4/20: BTC, ETH, XRP, BCH, BSV,…
WTI crude oil price today plunged over 92% to hit an intraday low of $1.1 per barrel at press time, a level which none of us would have even imagined to see just a few…
People Spend More Crypto on Food and Clothing…
A survey published by research firm Visual Objects has found food and clothing purchases to be the most common use cases for cryptocurrencies. The findings highlight a significant disparity between the perceptions and reality of…