After jumping by over 8% on Wednesday, Bitcoin has fallen again followed by a majority of popular cryptocurrencies. Bitcoin has staged a spirited bullish trend in the past week or so that had seen it rise above $42,000 by yesterday before the tables turned and
Bitcoin is trading above $20k again after spending most of the week trading below that psychological level. The cryptocurrency market has underperformed for the best part of the week. However, it seems that the market will end the week in a positive fashion as most
The cryptocurrency market is experiencing a bear cycle at the moment, but Pantera Capital’s CEO is confident that the next bull market is on its way. Dan Morehead, Chief Executive Officer of Pantera Capital, believes that the bear market is coming to an end. He
Cryptocurrency mining pool Poolin has announced it will halt Bitcoin (BTC) and Ether (ETH) withdrawals from its wallet service. In the announcement, Poolin said: “We are here to let you know the withdrawal options of Pool Account and Poolin Wallet are deactivated while setting payout
Michael Saylor has revealed that MicroStrategy is working on enterprise applications of Lightning. Michael Saylor, the chairman of MicroStrategy, has revealed that the software company is enterprise applications of Lightning. He revealed this while speaking to an audience at the Baltic Honeybadger conference in Riga,
Bitcoin continues to trade above $20k per coin but could decline soon if the broader market underperforms further. Bitcoin, the world’s leading cryptocurrency, is currently trading at around $20,200 per coin. This comes after failing to surge past the $21k resistance level on Tuesday despite
The United States Federal Reserve has been hiking interest rates in recent months, and Bitfury’s CEO believes it is suppressing Bitcoin’s price. Bitfury CEO Brian Brooks told CNBC in a recent interview that the Federal Reserve’s inflation fight is bad for Bitcoin in the short term.’
CME says there’s growing demand for non-USD denominated crypto derivatives products. The company also plans to launch options on Ethereum futures on 12 September. Derivatives marketplace CME Group has announced its Euro-denominated Bitcoin (BTC) and Ether (ETH) futures contracts are now live. On Monday, August