Bitcoin Cryptocurrency News

Crypto Market Looks Primed for Bearish Q4 as Trading Slumps

The state of the crypto market is positively dire right now, as trading across various retail and institutional platforms show marked declines. Despite hopes of halloween rallies and historical bull markets, everything seems to be pointing towards a bearish Q4. P2P Bitcoin Transactions Register a Drop Bitcoin’s price is currently consolidating after a whirlwind of Read more…

Bitcoin Cryptocurrency News

Institutions Definitely Here, Grayscale Reports Best Quarter Ever For Crypto Trusts

The markets may indicate otherwise as day traders turn bearish and start to sell again. But institutional investment products such as the Grayscale crypto trusts are growing in popularity as its latest performance report proves. Quarter of a Billion Into Crypto Since their peak this year, crypto markets have lost $160 billion in terms of Read more…

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Ethereum’s falling wedge pattern formation could lead coin to $275

Despite a brief rally to $196 against the US Dollar last week, Ethereum retreated soon after and currently changed hands at $184.78, according to data from CoinMarketCap, with a market cap of 19.97 billion, at the time of writing. October has not been bullish for the coin and positive patterns are yet to gain prominence […]

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Bitcoin Cryptocurrency News

10 Years Since The First Bitcoin Transaction: 5050 BTC For $5

It’s safe to say that Bitcoin has come a long way since it was first introduced to the public. Interestingly enough, exactly 10 years ago on this same day, the first market transaction took place. Let’s have a look at how it went and where we are today. Bitcoin 10 Years Ago Exactly 10 years Read more…

Bitcoin Cryptocurrency News

Bitcoin Millionaires, BTC Addresses Holding 1000+ Coins On The Rise

Despite a fall this year of around 40%, many Bitcoin price metrics are still overwhelmingly bullish. The number of addresses holding over 1000 coins, and the number of BTC millionaires have both increased this year alongside network health indicators such as hash rate. Bitcoin Whale Addresses Hits High The number of BTC addresses holding more Read more…

Bitcoin Cryptocurrency News

Bitmain, Canaan Launch New Miners in Preparation for the Bitcoin Halving

This article was originally published by 8btc and written by Lylian Teng. On October 9, 2019, the China-based cryptocurrency mining giant Bitmain launched its two latest Antminer 17 models to an eager market. On the very same day, another leading ASIC producer, Canaan, also rolled out its next-generation bitcoin miner A11 series. Both new mining Read more…