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Wilshire Phoenix, an asset manager which tried to launch a bitcoin exchange-traded fund (ETF) last year, has filed to launch a new Bitcoin Commodity Trust.
Crypto Derivatives Platform, Seed CX has announced that its cryptocurrency trading exchange will be closed from June 13 to focus exclusively on settlements.
Bitcoin Sudden Drop Signals Further Down Move
Bitcoin Sudden Drop Signals Further Down Move
Jun 12, 2020
MD Rockybul Hasan
Bitcoin rejected by $10,000 psychological resistance level and pushed down quite aggressively. Bitcoin sudden drop may signal a further downward momentum.
On June 11, right before the price of Bitcoin dropped to as low as $9,012, pre-market data of the Dow Jones indicated a 900-point drop.
A user of the Ethereum blockchain has paid $2.6 million in transaction fees to send 350 ETH. That's a fee of two million percent.
Bitcoin trading activity in the US increased by 5.68% and hit a new all-time weekly high almost $29 million trading volume on Localbitcoins and Paxful.
The investment company, ETC Group, is planning to list Bitcoin ETP or BTCE on the German Xetra Digital Stock Exchange via the white label platform HANetf.
Bitcoin has become quite volatile and corrective after having a fake breakout above $10,000 area. Bitcoin still correcting below $10,000 psychological area.
Bitcoin price is trading sideways ahead of the FOMC 2-day meeting starting Tuesday. However what could likely help BTC rally towards and above $10K?
Bitcoin mining difficulty level could decline by as much as 10.25% in today’s adjustment — potentially causing further tanking of Bitcoin’s price.
Bitcoin bulls are rejected by $10,000 resistance area and had a daily close below it. Bitcoin failed to break above $10,000 area, bulls are still optimistic
Chinese law enforcement discovered an illegal Bitcoin mining operation that was being operated under multiple underground burial sites.
Cryptocurrency crimes, hacking and fraud totalled $1.4 billion in 2020. Countries such as Canada and Germany are already tightening AML requirements.
For 3 major reasons, Bitcoin’s price dropped more than $800 in under five minutes on Tuesday, pushing the broader cryptocurrency market into the red.
 The Japan Finance Minister Taro Aso has said that he is not ready to reduce crypto tax rate in Japan to a flat 20 percent.
Popular Bitcoin proponent and educator Andreas Antonopoulos believe that the current drops in oil prices will benefit some Bitcoin miners.
Bitcoin price has become volatile and indecisive while residing below $10,000 area. Can Bitcoin bulls lose ground further and decline below $9500 area?
What can traders expect from the Forex market this week? NordFX expert has provided this June 01- 05, 2020 forex and cryptocurrency forecast to guide you.
Russia's biggest and oldest bank Sberbank is spending more than $100 million on 5,000 blockchain-enabled ATMs capable of mining cryptocurrency.
SquaredFinancial is now offering five leading cryptocurrencies, allowing clients to trade CFDs of Bitcoin, Ethereum, Litecoin, Bitcoin Cash and Ripple.