The BTC price has labored back to the $33,000 mark after a drop that had seen it tumble to $28,850 in the past 48 hours. Hopes of a bigger recovery have been dashed with BTC unable to pierce through the…
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Harvard Professor: Bitcoin Will Only Work For Failed States
Bitcoin is getting hits from more than just regulators now. A Harvard crypto skeptic has added salt to the wounds inflicted on BTC by soon to be treasury chief Janet Yellen. Kenneth Rogolf, a public policy and economics professor at…
Goldman Sachs: Bitcoin is Becoming More Mature
The head of commodity research at Goldman Sachs Jeff Curie, told CNBC this week that the BTC market was becoming more mature. He also noted that predicting the BTC price was quite difficult because the price was subject to so…
Dubai Financial Watchdog Set To Unveil New Regulatory Framework
According to the Dubai Financial Services Authority (DFSA) which is the chief regulator of the Dubai International financial centre (DIFC), a new regulatory framework for cryptos is about to be unveiled. New framework expands on existing rules According to the…
Bitcoin to fall back to $20,000 and Ethereum to soar up to $9,000
The market outlook for the two major cryptocurrencies did not seem favourable as the prices of both Bitcoin and Ethereum continues to drop. Today (21st January) BTC recorded a price drop of nearly 8% and ETH recorded a price drop…
“Bitcoin Drops To $28,000 per BTC Due To A Flaw In The Crypto Called ‘Double Spend’
Bitcoin hits all time time nearing $42,000 start of New Year has dropped significantly to 30,000 lowest since start of this year. The primary reason for this drop is connected to two major events. BitMEX Research Team suggested that a…
Janet Yellen: Bitcoin Is An Enabler For Illegal Activity
Incoming US secretary of the treasury Janet Yellen may not be a big fan of cryptocurrencies at least according to her nomination hearing on Tuesday January 19. Yellen was asked cryptocurrencies as Joe Biden’s pick for the treasury hot seat…
270K BTC Has Been Taken Out Of Supply Over The Last Month
Despite volatile prices that have seen BTC lose its value by 7% overnight, BTC investors are holding on to their Bitcoin. According to data published by crypto market data aggregator Glassnode, “liquid” BTC wallets have shed 270,000 BTC over the…
Charles Hoskinson: Africa is the Future of De-fi
Cardano’s ADA is one of the crypto’s that have been tipped to blow up this year. Africa may have something to do with it according to Cardano CEO Charles Hoskinson. According to the IOHK (company that owns Cardano) CEO, the…
Weekly Price Analysis for Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Ripple’s XRP
Bitcoin (BTC) dipped below the price of 35,000$, losing support levels previously achieved at that value. As BTC is entering a trend reversal with bearish momentum, the top crypto is showing losses on the daily chart, as well as on…