Market

The path of least resistance for bitcoin is on the higher side, and the cryptocurrency could more than double from its current value in 2021, according to Bloomberg analysts. “Bitcoin will maintain its propensity to advance in price…
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Genesis Block Ventures (GBV) announced the acquisition of OMG Network, which helps speed transactions and lower fees on the Ethereum blockchain by handling transactions off-chain, triggering a double-digit rally in the network’s OMG…
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Bitcoin’s price has nearly doubled in the past eight weeks as several major publicly listed companies bought the cryptocurrency to hedge against an inflation-led decline in the value of their cash holdings.Hedging demand for the…
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As bitcoin dominated headlines in November with its rally toward an all-time high, one of the most prominent alternative cryptocurrencies, XRP, quietly jumped 169% during the month to top the performance rankings among digital assets in the…
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As bitcoin continues to set new price highs, its network is also seeing record-breaking user activity.As of Tuesday, there were 432,451 “active entities” – wallet clusters controlled by a single participant that sent or received funds in a…
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U.S. central bankers pledged Thursday to inject some $1.5 trillion into the financial system in an effort to calm panicky markets after the spreading coronavirus triggered steep price declines on everything from stocks to bitcoin.The move…
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U.S. prosecutors indicated a Dutch national Thursday for allegedly spearheading a rape and child pornography website that’s made over $1.6 million worth of bitcoin selling videos since 2012.Known as “Michael R.M.,” and “Mr. Dark,” the man…
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Bitcoin (BTC) suffered its biggest drop in seven years, as fears over the spreading coronavirus triggered a new wave of selling in everything from stocks and junk bonds to cryptocurrencies. This came despite a new European Central Bank…
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The United Kingdom’s Financial Conduct Authority (FCA) is asking investors to watch out for coronavirus-related crypto scams.In a March 11 warning to the public, FCA, the U.K’s top financial regulator, said scammers may attempt to take…
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Washington state resident Kenneth Warren Rhule has been charged with laundering over $140,000 in bitcoin after agents with Homeland Security Investigations (HSI) made a series of undercover cash-for-crypto deals with the 26-year-old.Rhule…
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