Altcoins are beginning to lose bullish momentum as Bitcoin price struggles to reclaim $40,000.
Category: Bitcoin
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Crypto Prices Consolidate, Handful of Altcoin Markets Pop, Bitcoin Accumulation Addresses Rise
The price of bitcoin and a number of digital assets have been consolidating this week, after a number of crypto markets dropped over 25% the week prior. The entire crypto-economy is hovering just below the $1 trillion mark at $987 billion, gaining 1.3% during the last 24 hours. Crypto Asset Markets Consolidate A good number […]
How compliance software detects fraud and money laundering involving crypto
As the crypto markets mature and institutional money flows into the space, technology to detect fraud and money laundering involving digital assets is more important than ever.
Aussie Bitcoin exchange owner accuses banks of discrimination
An Australian Bitcoin exchange operator has taken legal action against two commercial banks in the country, accusing them of discriminatory practices.
The case for Bitcoin price dropping to $27K in a possible bearish scenario
Bitcoin could drop to as low as $27,000 in a bearish scenario, analysts say, which would bring panic to the altcoin market.
Bitcoin Struggles to Recover After Biggest Weekly Price Loss Since September
Prices fell by 6% in the seven days to Jan. 17, a weekly fall not seen since the first week of September.
Steve Forbes Says Bitcoin’s Fixed Supply Limits Its Ability to ‘Meet the Needs of a Growing Economy’
American publisher Steve Forbes has attacked bitcoin’s fixed supply saying this feature actually curbs the ability of the crypto to “meet the needs of a growing economy.” He also argues that bitcoin cannot replace the dollar because it is presently too volatile to function as money. Forbes insists that money only works best if it […]
IMF Tells Governments: Spend as Much as You Can and Then Spend More
The head of the International Monetary Fund (IMF) has called on countries worldwide to spend as much as they can and then spend more. She admitted that this is a “very unusual” policy for the IMF but it is needed to revive economies. Many people are interpreting her statement as very bullish for bitcoin. IMF […]
Bitcoin’s Massive Swings Give Pause to CFOs Mulling Reserve Investment: Bloomberg
Bitcoin’s 30% price correction was enough to give some CFOs second thoughts.
Top 5 cryptocurrencies to watch this week: BTC, LINK, UNI, XTZ, ATOM
Bitcoin’s brief period of consolidation has opened a path for select altcoins to rally higher.