Crypto Market Plummets $58 Billion as Major Coins Fall 30% in Bloodletting

The global cryptocurrency market lost $58 billion in a flash crash on Thursday morning as bitcoin makes a retreat. The combined value of the world’s cryptocurrencies dropped from $386 billion to $328 billion – a 14.9% loss overall. Just hours previously Bitcoin had been flirting with the $14,000 mark; now, BTC is struggling to keep …

Regulators Are Already Breathing Down Facebook’s Neck Over Libra

It’s barely been a day since the libra white paper was released and regulators are already taking aim at Facebook’s new digital currency. International Reaction to Facebook’s Libra Officials in Europe didn’t waste any time chiming in on the announcement. While the crypto industry and everyone else were still collecting themselves, political leaders from France, …

Bitcoin Price Rise Fuelled by Experienced Crypto Traders

Bitcoin’s 2019 parabolic rise is coming from veteran cryptocurrency traders, not newbies, the latest data suggests.  Newbies Absent From 2019 Bitcoin Boom Analysis of capital inflows into Bitcoin 00, courtesy of monitoring resource Coinlib, shows huge influxes from both altcoin markets and stablecoin Tether. Over the past 24 hours, it is in fact Tether supplying …

24/7 Bitcoin Derivative Trading Now Available for U.S. Residents; Will This Add Fuel to BTC’s Momentum?

The crypto markets are continuing to grow and develop by leaps and bounds each day, and the latest piece of positive news that elucidates just how rapidly the markets are maturing is the Commodity Futures Trading Commission’s decision to approve LedgerX for offering physically settled Bitcoin futures contracts. The announcement, which was made by the …

Bitcoin Price Analysis: Tether Market Stalls, is BTC Next?

Tether’s parabolic rise has started to show signs of weakness, after $80 million disappeared from the USDT market over the weekend. Is this an early indication that Bitcoin could be next? Let’s take a look. USDT Market Capital v Bitcoin Price It’s a well-known fact now that Tether’s circulating supply has a direct, albeit delayed, …

‘Bitcoin Inventor’ Craig Wright Basks in Satoshi Glow as Court Date Looms

Published: 23/06/2019 14:45 ET. Journalist: By CCN Markets: Self-proclaimed bitcoin inventor Craig Wright had his fondest wish come true when the capital city of Colombia formally recognized him as Satoshi Nakamoto. Bogota Grants Craig Wright’s ‘Satoshi’ Wish Officials in Bogota presented Wright with a fancy certificate affirming him as the creator of bitcoin. The events …

Facebook’s Libra Is Here. But It Might Not Be What You Think.

Libra — sometimes referred to as “Facecoin” or “Zuckcoin” — is self-billed as “a simple global currency and financial infrastructure that empowers billions of people.” The introduction waxes cypher-poetic about the liberating nature of the internet and the potential for an online currency to unfetter financially disenfranchised populations around the world from the shackles of …

The Federal Reserve Could Be Helping Bitcoin to $100K –

Many factors are contributing to Bitcoin’s renewed trajectory towards its USD 100,000 target. One of them is increasingly gaining prominence: The U.S. Federal Reserve. Fed Interest Rate Cuts to Weaken Dollar and to Strengthen Bitcoin The U.S. Federal Reserve’s latest moves might be unintentionally propelling Bitcoin to new 2019 highs with renewed impetus. On Jun …