Bitcoin

Ethereum (ETH) price has shown signs of rebounding in the past few hours after a testing 24 hours. According to several analysts, the leading altcoin fell by more than 30% yesterday, but critical indicators remain positive. Ethereum (ETH) Price drops sharply The cryptocurrency market suffered a major correction yesterday, wiping close to $200 billion from the total market cap. The leading coin, Bitcoin, lost nearly $10,000 from its price, which caused a ripple effect in the market. Ethereum (ETH) was…

Bitcoin continues to capture headlines globally as a superior store of value. Ten years ago, major financial institutions wouldn't have dreamed of converting their currency reserves over to Bitcoin. Nowadays, this decision is more common than ever. The rapid growth of Bitcoin can be attributed to various factors, including increased public awareness, improved technology, and easier access. On the last note, there are hundreds of cryptocurrency exchanges to buy Bitcoin from today. However, these exchanges are all individually owned and…

Bitcoin and other digital coins saw a two-day decline on Monday, wiping $170 billion from the entire cryptocurrency market. According to Coinmarketcap, its market cap was $1.1 trillion the day before and currently stands at $954.53 billion. The cryptocurrency sell-off occurred after a significant rally signaling investors profit cash out. Bitcoin is still up more than 340% in the past 12 months, hitting a record high of under $42,000 last week. Crypto Exchanges Report High Liquidation Volumes The largest cryptocurrency…

A Reddit user recovered the keys to a 9-year-old Bitcoin wallet, which contained 127 BTC. This unintended long-term holder pocketed not less than $4.2 million after selling his Bitcoin stash. A New Year Gift This remarkable story was shared on Reddit by a Redditor with the user name Bitcoinholderthanku (BHTU). According to his testimony, he had obtained 127 BTC nine years ago from participating in a faucet. This is an application that gives cryptocurrency to users who complete surveys and…

The Financial Conduct Authority (FCA) has warned its consumers about investing in high yield investment (HYIP) crypto–assets. This comes after a major dump in the market that saw $200 billion wiped off the total crypto market cap. Cryptocurrencies Pose High Investment Risks The FCA revealed this warning in a statement released today highlighting different aspects of crypto investing. The regulator revealed that price volatility, product complexity, and high fees associated with cryptos make it a complex investment asset. It continued…

It's a new year, and Bitcoin is on fire. The market is hot, and new investors are eager to join the party. While it's true, you can find Bitcoin on many exchanges nowadays. Unfortunately, not all of these exchanges are the best place to buy the world's oldest cryptocurrency.  Experienced investors understand that the exchange you buy your crypto from must be secure and reliable. There's nothing worse than when someone loses their hard-earned crypto because they didn't DYOR and…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $1.07 trillion. Bitcoin increased by roughly 27% to trade above $40,000 Ethereum increased by more than 70% to trade well above $1,200. XRP recovered from its recent downfall to register an increase of over 50% in value. The US Government has allowed the country’s banks to use stablecoins and blockchain technology in a decisive…

Bitcoin's bullish wave has been remarkable since late last year and has continued into the New Year. The massive surge in price has attracted international attention, and now Chinese media warn citizens about the bullish run. Bitcoin A High-Risk Investment China’s state media has been broadcasting messages asking citizens to be skeptical about the rise in Bitcoin price. National tabloids the Economic Daily and People’s Daily have published articles classifying the crypto asset as a high-risk investment.  Coincidentally both tabloids…

Bitcoin (BTC) has taken most of the shine in recent weeks due to its remarkable, bullish run. However, leading altcoin Ethereum is not far behind and has actually outperformed Bitcoin in 2021. Ethereum (ETH) Price Up 70% in 2021 Ethereum has enjoyed a massive rally since the beginning of the year. Entering the year valued at around $718, the leading altcoin has gained an average of 10% in value in the past eight days. In the past 48 hours, ETH…