Category Archives: Bitcoin

As Bitcoin, Ethereum, Ripple’s XRP And Litecoin Lose Billions, Watchdog Issues Stark Crypto Price Warning

Bitcoin, after surging non-stop for the last few weeks, has finally taken a breather. The bitcoin price has dropped around 15% in the last 24 hours, dragging down the wider cryptocurrency market and wiping billions of dollars from major tokens ethereum, Ripple’s XRP and litecoin. Bitcoin briefly fell to $32,300, down from over $42,000 just […]

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Dow Jones Falls Mildly, Twitter Pounded, Bitcoin ETF Plunges 18%; Time To Take Profits?

The stock market today took the latest news of a potential removal of embattled President Donald Trump from office in stride, as blue chip stocks showed normal-looking pullbacks. The Dow Jones Industrial Average, which surged 1.6% during the first trading week of 2021, gave up a measly 0.3% on Monday. X That stopped a four-day […]

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OGs on Why This One’s Different

Think back to 2017. Crypto was everywhere. The celebrities hawking ICOs included DJ Khaled, “Floyd Crypto Mayweatherâ€� and longtime blockchain enthusiast Paris Hilton. The most watched comedy on television, “Big Bang Theory,â€� named an episode “The Bitcoin Entanglement.â€� Long Island Iced Tea made the world’s most natural pivot, rebranding itself as Long Blockchain Corp. (The […]

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Bitcoin News, Tesla Stock Falls | Stock Market News

All three major U.S. stock market indices fell on Monday, as several political issues took center stage. The fallout from the siege on the Capitol last week continues, with the U.S. House of Representatives pursuing a dual-pronged effort to oust President Donald Trump. On Tuesday, the House will vote to call on Vice President Mike […]

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Bar owner offers to sell business for crypto

Patrick Hughes, an owner of two bars in Hell’s Kitchen has put both setups for sale in exchange for cryptocurrencies The crypto enthusiast offered to sell two of his restaurants i.e. Hellcat Annie’s and Scruffy Duffy’s in the Manhattan neighbourhood for Bitcoin. The businesses have been managed by his family for over 5 decades now. […]

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Institutions Use This Strategy to Hide Their Bitcoin Orders

Institutional investors and speculators trading large quantities of bitcoin are taking on a new method to hide the real sizes of their trades. They are doing so – many times with the quiet help of many major exchanges – to cut the risk of exposing their intent to the market, be they bullish or bearish, which […]

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Bitcoin is ‘fool’s gold and anybody buying it is ultimately a fool’: Peter Schiff

Euro Pacific Capital chief economist and strategist Peter Schiff argues there’s a lack of value in cryptocurrency compared to gold. Euro Pacific Capital chief economist and strategist Peter Schiff suggested cryptocurrency investors are “foolsâ€� Monday after bitcoin took a major dip in the market after reaching record-breaking highs against the dollar. “All bitcoin is is the latest iteration […]

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Market Wrap: Bitcoin Plunges to $30.3K as Options Traders Bet on Sub-$800 Ether

Bitcoin’s plunge to as low as $30,305 was intensified from leveraged long derivative liquidations; options traders are totally bearish on ether, the native asset of Ethereum. Bitcoin (BTC) trading around $33,277 as of 21:00 UTC (4 p.m. ET). Slipping 10.9% over the previous 24 hours. Bitcoin’s 24-hour range: $30,305-$38,947 (CoinDesk 20) BTC above the 10-hour […]

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