This year it appears crypto is ready for its close up. Hollywood has come knocking in significant ways. Alec Baldwin (The Boss Baby, SNL, Mission Impossible), Antonio Banderas (Shrek, Zorro, Spy Kids), and Oscar-winning filmmaker Bobby Moresco (Crash, Million Dollar Baby) are presently filming Lamborghini. It’s a biographical movie about Ferruccio Lamborghini, namesake behind the […]
The first quarter of 2018 is on record as the worst in bitcoin’s price history. Just shy of 115 billion USD in market capitalization has been erased. Nearly half of its price from the start of this year is gone. For those relatively new to the ecosystem, it might seem like the time to panic […]
On March 17 the Mt Gox bankruptcy trustee Nobuaki Kobayashi revealed some critical information about how he’s been selling the BTC and BCH he has in his possession. The news may comfort those who believe the remainder of the Mt Gox sales will crash the market. According to Kobayashi he has been consulting cryptocurrency experts […]
The post The ‘Mt Gox Whale’ Explains His Crypto-Selling Strategy appeared first on Bitcoin News.
A strange thing happened on the way to the decentralized digital currency revolution: a cop – a regulator – seems to have salvaged bitcoin’s giant crash. Less than 24 hours after a 65 percent drop in bitcoin’s price, hysteria from all corners, no less than one man, the Commodities Futures Trading Commission (CFTC) chair, J. […]
The post Meet Bitcoin’s New Rock Star; CFTC’s J. Christopher Giancarlo appeared first on Bitcoin News.
The crypto markets have been having an interesting week to put it mildly. Seas of red and deep cuts have had the vultures circling, the weak hands folding, and the naysayers expending their lifetime’s allocation of “I told you so’s”. While the last two weeks have been painful for anyone who bought bitcoin in December […]
The post The Cryptocurrency Markets Are Having an Interesting Week appeared first on Bitcoin News.
It was the best of times, it was the worst of times. From the hubris and excess of the North American Bitcoin Conference to the gloominess of the crypto markets, it’s been a feel-o-coaster of a week. Fear, uncertainty and doubt were the overarching emotions amidst a turbulent seven days, but there was also space […]
Through late 2017 and early 2018, ripple was the darling of cryptocurrency. Mainstream media couldn’t get enough of it, South Koreans couldn’t get enough of it, and nor could crypto newcomers, who had XRP top of their shopping list. Crypto moves at a blistering pace, though, and ripple’s decline has been as rapid as its […]
The post The Rise and Fall of Ripple is a Case Study in Mass Hysteria appeared first on Bitcoin News.
Deutsche Bank has issued a market briefing for 2018. The document, created by Chief International Economist Torsten Slok, lists 30 possible threats that could disrupt global markets next year. Alongside entries like “North Korea” and “Brexit”, is bitcoin. Its inclusion shows the extent to which the banking sector is eyeing the revitalized digital currency. While some […]
The post Deutsche Bank: Bitcoin is One of the Greatest Market Threats in 2018 appeared first on Bitcoin News.
All eyes have been on Bitfinex in recent days, with the exchange experiencing dramatic flash crashes on select altcoin markets after having been the subject of a distributed denial-of-service (DDoS) attack last week. A quarterly shareholder update from the company has also been leaked, evidencing that Bitfinex is one of the major institutions purchasing USDT […]
The post Leaked Report to Shareholders Renews Concerns Surrounding Bitfinex appeared first on Bitcoin News.
Global Digital Asset Exchange (GDAX) Vice President, Adam White, issued a follow-up statement regarding the multi-million dollar market sell order induced flash crash that momentarily drove prices as low as $0.10 USD after the order triggered an avalanche of stop order executions and margin position liquidations. The press release states that customers who experienced stop
The post GDAX Announces It Will Absorb Investor Losses From Recent ETH Flash Crash appeared first on Bitcoin News.