After shaking off the slow weekend, Bitcoin’s price is back above $18600. Bitcoin traded above the $18500 level for nearly 3 days before the weekend and then dropped to $18200, even lower on some spot exchanges. However, according to Entrepreneur Qiao Wang, Weekends exist for shaking off weak hands before institutions turn their algos back …
A look into the effect weekends have on Bitcoin prices Read More »
As one of the largest organizations managing crypto-investment trust funds for accredited and retail investors, Grayscale recently crossed the $6 billion-mark with respect to Assets under Management (AUM). That’s not all, however, as over the past few years, besides catering to institutional investors, Grayscale has also seen increasing retail demand for crypto-exposure through 401k savings. …
Grayscale’s LTCN, BCHG unlikely to rescue Litecoin, Bitcoin Cash’s prices Read More »
Cryptocurrency scammers may be taking advantage of coronavirus to invent new fraudulent narratives, but their profits have declined since the outbreak of the pandemic because of a drop in crypto market prices, according to blockchain analysis firm Chainalysis. In an April 10 report by Chainalysis, researchers found that the coronavirus pandemic has triggered an increase in …
While bitcoin has climbed sharply from recent lows below $4,000, it’s still on track to end March with a double-digit price loss. The top cryptocurrency by market value is currently trading near $6,440, representing nearly a 68 percent rise from the low of $3,867 registered on March 13. Even so, prices are still down 24 …
Bitcoin’s Recent Recovery Won’t Salvage a Terrible Month for Prices Read More »