Auto Added by WPeMatico

Despite the Price Drop, Number of Bitcoin Held on Exchanges Continues to Slide

Roughly 49 days ago, the number of bitcoin held on exchange was around 2.503 million, according to statistics recorded by cryptoquant.com. Since then, $4.76 billion worth of bitcoin has been…

Continue ReadingDespite the Price Drop, Number of Bitcoin Held on Exchanges Continues to Slide

70 to 90% Down — Crypto Economy’s Decline Shakes Out $2 Trillion in 8 Months

During the past eight months, crypto assets have shed enormous value against fiat currencies like the U.S. dollar. Bitcoin has shed 69% since the leading crypto asset’s all-time high on…

Continue Reading70 to 90% Down — Crypto Economy’s Decline Shakes Out $2 Trillion in 8 Months

UK Jeweler Sues Insurer Over Failure to Cover $7.5M Bitcoin Ransomware Losses

British multinational jeweler Graff Diamonds Corp. has filed a lawsuit against its insurer, The Travelers Companies, Inc. (Travelers), for failing to provide indemnity after it paid $7.5 million in Bitcoin…

Continue ReadingUK Jeweler Sues Insurer Over Failure to Cover $7.5M Bitcoin Ransomware Losses

US Government Officials Holding Crypto Prohibited From Working on Industry Policies

The United States Office of Government Ethics (OGE) outlined that cryptocurrencies and stablecoins do not qualify as “publicly traded securities” according to the agency’s regulations. As such, it banned individuals…

Continue ReadingUS Government Officials Holding Crypto Prohibited From Working on Industry Policies

Trend Forecaster Gerald Celente Says World War 3 Has Begun — ‘If the People Don’t Unite for Peace, We Are Finished’

This week Bitcoin.com News spoke with Gerald Celente, the popular trends forecaster, and publisher of the Trends Journal. During a telephone conversation, Celente discussed the uncertainty surrounding the global economy…

Continue ReadingTrend Forecaster Gerald Celente Says World War 3 Has Begun — ‘If the People Don’t Unite for Peace, We Are Finished’

Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate on Saturday, Following Recent Gains

Bitcoin was marginally higher to start the weekend, as bulls were able to fight through Friday’s volatility. Prices of the world’s largest token rose above $22,000 earlier in the session,…

Continue ReadingBitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate on Saturday, Following Recent Gains