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Bloody Weekend: Bitcoin Plunges Toward $40K, $80B Erased From the Crypto Market Cap

After the relatively positive Saturday, the bears have returned to the market and pushed bitcoin south to below $41,000. The alternative coins have also suffered badly, with ETH dropping beneath…

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Bitcoin Price Analysis: China FUD Caused Heavy Liquidations, Is the Bottom In?

Just as Bitcoin rallied slightly above $45k on Friday, recycled news on China’s central bank vowing to ban crypto trading for Chinese citizens came out, liquidating more than $600 million…

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Bitcoin Maintains $42K Amid the China FUD: Cardano the Only Top 10 in Green (Weekend Watch)

Yesterday the crypto markets went through another bloodbath initiated once again by China. Bitcoin dumped by $4,000 in minutes but has managed to complete a partial recovery as of now.…

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Pyth Network Explains Why Bitcoin Flash-Crashed to $5,400 on September 20th

The entire market has been fairly uncertain throughout the past week, though one event stands out from the rest. On September 20th, Bitcoin’s price crashed to around $5,400 on Pyth…

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Over $400 Million Liquidated in a Day as Bitcoin Tumbled Below $41K

The market suddenly turned red today following what seems to be another wave of regulatory efforts to crack down on cryptocurrencies in China. This left over $400 million liquidated in…

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Trading and Mining Crackdown in China Escalates: Bitcoin Plunges $3K

The People’s Bank of China (PBoC) published a document reminding that digital assets are banned within the country and added that operating with exchanges will also be prohibited. As a…

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Bitcoin Retests $45K as Ethereum Stalls Around $3.1K (Market Watch)

Following a few days of adverse price developments, bitcoin has started to recover some value and currently sits around $45,000. Most altcoins have stalled in the same timeframe, with a…

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Melanion Capital’s CIO Disagrees with Ray Dalio: Regulators Will Not Kill Bitcoin

Jad Comair – Founder and CIO of Melanion Capital – opined that regulators would not “kill” bitcoin if it becomes too successful. Such a move would be possible only in…

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Crypto Market Cap Recovers $200B in a Day as Bitcoin Stands Above $44K (Market Watch)

After yesterday’s adverse price movements, bitcoin has finally bounced off by reclaiming several thousand dollars in a day. Most alternative coins have also reacted well with numerous double-digit price pumps…

Continue ReadingCrypto Market Cap Recovers $200B in a Day as Bitcoin Stands Above $44K (Market Watch)