Bitcoin (BTC) diving to a cliff in March and collapsing to prices not seen since a year ago is now a distant memory.
The real identity behind this pseudonym is still unknown to this day, but the crypto world buzzes whenever this name appears on headlines, hinting that there is still interest in knowing who Nakamoto really is.
Bitcoin (BTC) surged to $7,200 on Thursday afternoon before finding a temporary floor at $7,000 as of writing.
Bullish expectations this year for BTC have gone dry. While surging to $1 million is highly unlikely, the options market doesn't see BTC even surpassing its all-time high before 2021.
Vitalik Buterin is one of the many revered names in the cryptocurrency industry. He is credited as the creator and founder of Ethereum. Find out his net worth here.
Miners jettisoning their Bitcoin (BTC) holdings characterize the prevalent mood of the financial markets, which exalts cash and nothing else.
Since its alarming 50% freefall on March 12, Bitcoin has made a comeback 12 short days later.
Battling the dreaded coronavirus will need all the help it could get from various sources -- even funds in the form of Bitcoin. The Italian Red Cross, for one, set up an initiative to receive donations denominated in BTC.
Crowdsourced virtual supercomputer revs up virus research
About 6,000 Ethereum (ETH) mining computers are being used to seek a cure for the dreadful coronavirus.
Any pessimism and quick desire for liquidity could once again trickle down to crypto as it had done so since mid-February. If stocks continue to fall, there is a real possibility that BTC and the rest of cryptos could follow suit. But if there is another selloff in cryptos and its flagship asset gets pushed to $2,800, one analyst says it's not all that bad.
After getting hammered last week by a market scared stiff of the coronavirus which crashed its price to below $4,000 (its worst plunge in seven years), Bitcoin (BTC) has now bounced back and settled within the $5,000 to $6,000 region.
BTC only found relief before the day concluded by recovering 16%. The flagship crypto is now down 43% this month.
At $7,168 as of the time of writing, would that be an attractive price to start buying the crypto once more, like how panic-stricken individuals hoard up on toilet papers and sanitizers out of coronavirus fears?
The crypto market selloff that followed the failed OPEC agreement yesterday had erased over $26 billion in value. Its most prominent digital asset, Bitcoin (BTC), plunged to a level not seen since January. From reaching its highest point this year at nearly $10,500 in February, the top crypto is trading presently under $8,000 and even dipped to $7,600 on Monday.
A massive selloff in the crypto market took place on Sunday that dragged most cryptocurrencies down to double-digit losses. Ethereum (ETH) erased almost 16% and broke a support level that could potentially open the flood gates for lower prices.
With the Fed making an emergency rate cut on Tuesday in response to the growing coronavirus fears which now poses a risk of the U.S. and other countries going into recession, many believe that the virus could be a "black swan" event that would impose negative effects to the global economy.
As much as Elon Musk loves tech and even trumpeted how AI could render jobs pointless, Bitcoin (BTC) is just not the technology he supports.
Bitcoin (BTC) couldn't sustain the momentum in the first month of the year and failed to record positive gains in February. After topping a little over $10,500, Bitcoin slipped to $8,500 last month, breaking key support level after key support level. The selloff after Feb. 18. resulted in BTC's struggling to get past $9,000 as of press time.
Bitcoin broke the $9,000 level, slipped to $8,700 and even fell further to $8,520 on Wednesday.
Was Warren Buffett right when he said that cryptocurrencies have no value? Fellow billionaire Chamath Palihapitiya doesn't think so.
Traditional investors have often been wary of the emerging asset class, questioning what underpins its value, while many millennials have rushed to add riskier cryptocurrencies to their younger portfolios.