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$500 Bitcoin Price Crash Could Be the Start of a Bigger Drop, Here’s Why

$500 Bitcoin Price Crash Could Be the Start of a Bigger Drop, Here’s Why

Bitcoin creator Satoshi Nakamoto could be a bearish ‘ghost’ according to what happened on Wednesday. BTC watched a technical resistance test at $10,000 while trading some $200 below it before almost suddenly it crashed by about $500 in just 15 minutes. So it looks like traders sold off nearly $9,800 after Twitter user Whale Alert tweeted […]

Transaction Fees for Bitcoin Are Up 800 Per Cent in a Month

Bitcoin (BTC) transaction fees rose by over 1,250 percent from $0.38 to $5.16 from April 11 until May 14. While transaction fees for Bitcoin have since dropped by 33.3 percent to sit at around $3.44 as of this writing, fees have increased by 36.5 percent since the block reward halving on May 11. Bitcoin payments double […]

Visa Files Patent Application for Digital Currency

Visa Has Filed for a Patent to Create Digital Currency

Visa has applied with the United States to create digital currency on a blockchain. Department of Patent and Trademark. Inventors Simon J. Hurry and Alexander Pierre, along with the Visa International Service Association in San Francisco, pursued a patent for a digital currency based on a blockchain and operated by a central entity machine, according […]

Silvergate Bank Records 75 Percent Rise in BTC Trading Volume

Bitcoin trading and volumes of transactions soared in the first quarter of 2020 at the pro-crypto bank Silvergate. According to a report that was filed with the U.S. Securities and Exchange Commission (SEC) on April 29. Bitcoin (BTC) trading volume on the Silvergate Exchange Network (SEN) grew 75 percent over the previous quarter on its […]

Bitcoin Below $9K as Us-China Tensions Dent Risk Sentiment

Bitcoin Below $9K as U.S.-China Tensions Dent Risk Sentiment

Bitcoin sold off again at $9,000, as investors expected the launch of a new U.S.- China trade war on top of the market-shattering coronavirus pandemic. The cryptocurrency benchmark dropped 3.09 percent on Monday, a day after it peaked at $9,203, to hit its intraday low at $8,633 in early trading; The downhill step reflected the […]

ArtID, a Digital Art Platform Based in Ethereum, Releases Security Tokens

ArtID, a Digital Art Platform Based in Ethereum, Releases Security Tokens

Ethereum-powered digital art platform ArtID kept a security token offering to fund its marketplace’s further growth. According to an announcement on April 29, ArtID is seeking €5 million (nearly $5.5 million) in the deal. And has exceeded the soft limit set at €580,000 within a week. Moreover, Investors holding security tokens from the network will […]