Bitcoin Price Struggling to Break $7K — Here’s the Worst-Case Scenario

Market Analysis The price of Bitcoin (BTC) has seen a relatively stable week, as BTC/USD has been hovering between $6,000 and $7,300. However, due to the low volatility, the volume also diminished, which is a sign of a big move in the works. What can be expected of the markets while the coronaviru..

Malaysia Becomes the Next Country to Approve Cryptocurrency Exchange Amid Covid-19 Crisis

Malaysia’s Securities Commission has given full approval to a cryptocurrency exchange operator to legally operate in the country despite the nationwide lockdown due to the coronavirus pandemic. Recently, Japan also approved a new cryptocurrency exchange as the country continues to fight the covid-19..

Bitfinex Supplied ‘Most’ Liquidity During $3.7K Bitcoin Crash — Report

Markets News Bitcoin (BTC) saw a “flippening” during its price crash to $3,700 last month — something that could reveal a new uncomfortable truth about exchanges. In its March Exchange Review released this week, monitoring resource CryptoCompare highlighted liquidity as a key metric which changed ..

CFTC Requests Default After Failing to Find $147M Bitcoin Ponzi Operator

News The United States Commodity Futures Trading Commission (CFTC) has requested that the alleged founder of the crypto $147 million Ponzi scheme Control-Finance be declared a default. On April 3, the CFTC filed for a ruling of default after Control-Finance’s alleged founder and director, Benjamin..

Bitcoin Price Analysis: After Failing to Reclaim $7,000, What’s Next for BTC?

In brief: Bitcoin exhibited some bullish momentum earlier on in the week. BTC traded briefly at $7,200, dropped below $7,000 and then attempted, with no success, to reclaim this level as support. However, we are back in familiar territory with $6,900 being the level to overcome once again. On April..

Bitcoins Worth $300,000 Recovered by ‘Breaking Zip Encryption’

A cryptographer has posted an article discussing how he cracked an encrypted zip file to recover a lost hoard of Bitcoin keys. This story underscores the need to keep keys safe, and always remember passwords. Bitcoin Private Keys Found By Cracking INFOZIP The author, Mike Stay, has a Ph.D. in comput..

Blockchain Provides Trusted Data to Counter Spread of Coronavirus

Analysis With each passing day, new data regarding the coronavirus pandemic is being brought to the public’s attention. From the number of cases in various regions to ever-changing safety procedures like wearing masks in public, COVID-19 data is clearly present, yet remains inconsistent. While a l..

COVID-19 Pandemic Could Speed Up Central Bank Crypto Adoption

The COVID-19 pandemic will bring the end of cash and speed up the adoption of digital banking services, including central bank crypto, according to Edwin Bautista, CEO of UnionBank. Going Digital Is the Right Approach Amid Pandemic In an interview with Euromoney, the head of UnionBank, the Philippin..