Friday, April 19, 2024

Cryptocurrency

Japan Reclassifies Crypto While Hong Kong Tightens Regulations

Two of the most crypto friendly nations on the globe have been revisiting their regulatory frameworks this week. Japan has reclassified its terminology of cryptocurrencies while over in Hong Kong regulators want more oversight...

Crypto ICO Price Continues to Fall, Likely Due to Growing Regulatory Pressure

Blockchain and crypto projects that raised millions of dollars via tokenized crowdfunding means are now lining up to return their capital to their original investors. Because apparently, they were not allowed to raise funds in...

ICO Funding Continues to Plummet Amidst Crypto Bear Market

The latest statistics regarding ICO funding in recent months shows that investors continue to turn away from investing in ICO projects amidst the persisting crypto bear market. The statistics, which were reported in the latest...

Bitcoin Price Watch: BTC Turned Bearish Below $3,800

There was an increase in selling pressure on bitcoin price after it failed to clear the $3,850 level against the US Dollar. The BTC/USD pair started a downside move and broke the $3,800 and...

Ripple Price Analysis: XRP Broke Key Support, More Losses Ahead

After struggling to clear the $0.4000 resistance, ripple price started a downside move against the US Dollar. The XRP/USD pair declined heavily and broke the $0.3800 and $0.3550 support levels. There was even a...

Ethereum Price Analysis: ETH Turned Sell On Rallies

Yesterday, we discussed a possible downside break below $121 and $118 in ETH price against the US Dollar. The ETH/USD pair failed to break the $130-132 resistance zone and started a downside move. There...

Bitcoin Wallet Comprise: Electrum Wallet Breach Costs Users Over $750,000

According to emerging reports, the popular Bitcoin wallet software Electrum has been attacked costing those affected over $750,000 worth of Bitcoin. The security breach involved hackers tricking the wallet into urging users to make...

Gold Demand Rising: Investors Turn to Precious Metal as Safe Haven Asset

Recent global economic concerns and stock market volatility seem to have increased demand for gold as a safe haven asset. The price of the precious metal hit its highest level since June in the...

Bitcoin Could Fall Under $3,000, But It Remains Non-Correlated

As traditional equities have plummeted in value, especially Nasdaq-based technology stocks, interestingly, so has the Bitcoin (BTC) market. This seeming correlation was most recently exemplified by crypto’s tumble on Christmas Eve, as BTC fell...

Bitcoin Gets into Mainstream, Futures Trading Rises

Bitcoin (BTC) and its unprecedented price rally resulting in an all-time high value of around $20,000 in January 2018, undoubtedly caught the public’s attention. Despite losing around 80 percent of its price afterward, 2018...

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