One of the main reasons for the collapse of the Bitcoin exchange rate to $3,800 on March 13 was the mass liquidation of the positions of traders, Coinbase said in its official blog. Its analysts are confident that customers at various sites used high margin leverage, the forced closure of which...
The vast majority of assets have shown a significant drop since the onset of the massive coronavirus pandemic. Bitcoin and Ethereum were among the outsiders, said Larry Cermak, an analyst of The Block. S&P 500 is down 25% since the peak but what about all the other indices, sectors and...
Well-known trader and analyst Peter Brandt believes that the global crisis caused by the coronavirus pandemic is crucial for Bitcoin and the cryptocurrency industry as a whole. For BTC, this is the perfect storm.If Bitcoin cannot rally on this, then crypto is in BIG trouble.— Peter Brandt...
The popularity of altcoins on Twitter has fallen significantly amid bearish sentiment in the market. In particular, this is evidenced by the data of the analytical service BitinfoCharts, writes Cointelegraph. So, the number of mentions of coins like Ethereum, Litecoin, and XRP is approaching a...
Interest in the supply of Bitcoin futures offered by the Bakkt crypto platform is growing again. So, during March, the volume of transactions with settlement in the first crypto coin increased by 44% compared to the previous month. Physical #BTC delivery on @Bakkt increased 44% in March, although...
The current economic crisis will favorably affect Bitcoin and allow it to reach $20,000 within a year. This is stated in the appeal of Pantera Capital crypto hedge fund CEO Dan Morehead to investors, writes The Daily Hodl. Morehead noted the large-scale impact of the crisis on the global economy,...
The developers of the privacy-oriented browser Brave intend to add the opportunity to sell, purchase, exchange, and store cryptos. To this end, the organization started a partnership with the Binance. We're thrilled to partner with @binance to bring cryptocurrency trading directly into the...
The recent sharp drop in the price of bitcoin has forced miners to disconnect some of the equipment. That led to a 60% increase, in the time spent on average finding a new block. Such data were cited by Ankit Chiplunkar, a leading researcher at TokenAnalyst. 1/4) Bitcoin prices fell by 50% in the...
A recent report by Arcane Research said that the correlation rate of Bitcoin with the stock market markedly fell. Experts note that the panic due to the spread of coronavirus and a sudden supply shock led to uncertainty in the financial markets. Because of this, world indices plummeted. Bitcoin,...
Genesis Mining Service Operations Director Philip Salter is convinced that the deepening economic crisis will increase the popularity of Bitcoin as a tool for hedging the risks of the banking system and increase the value of cryptocurrencies. It is reported by Cointelegraph. The manager of the...
Amid the closure of banks due to quarantine in Venezuela, the popularity of bitcoin began to grow again. That's evidenced by the trading volume of BTC on the peer-to-peer platform LocalBitcoins. ...
Bitcoin is recognized as a project with a unique design solution. Fortune Magazine, in collaboration with the Design Institute of the Illinois Institute of Technology, interviewed faculty, influencers, freelance designers, and corporate design teams about creations that they find truly magnificent....
The Chinese counterpart to Twitter, Sina Weibo microblogging service, has been hacked. 538 million Weibo users data was sold on telephone numbers for 0.177 BTC. Private data of users is tied to 172 million numbers, including an identifier, password, gender, geolocation, number of Weibo posts,...
The hashrate of the leading crypto coin network decreased to 82.28 EH/s. Since March 12, when the cost of bitcoin fell to below $5000, the total computing power has lost about 34%. A similar pointer of Ethereum at the same time remains relatively stable since the end of February, although quotes...
Clients of the Italian bank Banca Sella got the opportunity to carry out operations with bitcoin. Transactions go through the Hype platform. The Bank acts as an intermediary to prevent potential security risks when exchanging on crypto exchanges. The platform is already adopted by about 1.2 million...
Unknown persons under the guise of the Solidarity Fund of the WHO are collecting donations in Bitcoins, allegedly to fight against coronavirus. Sophos security researcher Chester Wisniewski posted a screenshot of the attacker's email. In their message, the scammers claim the funds will go to study...
Specialists at the BitMEX crypto-derivative exchange research unit have analyzed the impact of the coronavirus pandemic on financial markets. Analysts say the market’s response to the virus will mark a significant change in the economic structure. The study said that ultimately, with this new...
The head of the successful cryptocurrency exchange Binance, Changpeng Zhao, said that he would not allow the price of BTC to drop to zero. Still worried about #btc going to 0?Don't! So long as I have a penny left, it won't happen.— CZ Binance 🔶🔶🔶 (@cz_binance) March 17, 2020 ...