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BitMEX goes down as Bitcoin falls 3% after liquidating $11 million in longs

by manuelmoinard | May 20, 2020 | chart Analysis, Update

Cryptocurrency exchange BitMEX went down as Bitcoin experienced a sharp drop from $9,885. Users who were able to access the website reported that the trading engine was currently down and that the company was working to bring it back online as fast as possible. More...

Coinbase Says That 60% of Its Bitcoin Buyers Go Into Altcoins

by manuelmoinard | May 15, 2020 | chart Analysis, Update

Major crypto-asset exchange Coinbase claims that although most of its users initially favor bitcoin (BTC), the vast majority also go on to trade altcoins and other digital assets.In a blog post, the platform claimed,“Among customers with at least five purchases, 60%...

Bitcoin Returns Above USD 9,000, Alt-coins Drop Against BTC

by manuelmoinard | May 13, 2020 | chart Analysis, Update

It took a few days for bitcoin (BTC) price to return above the USD 9,000 level after crashing on the eve of the third mining reward halving.At pixel time (13:30 UTC), BTC trades at c. USD 9,094 and is up by 4% in a day, almost erasing all its weekly losses. The price...

Gold’s Post-Pandemic Upside Is Huge. But it Pales Alongside Bitcoin

by manuelmoinard | May 9, 2020 | chart Analysis, Update

As pandemic panic crushes the life out of the global economy, central banks are pouring trillions of dollars into the global money supply.And America’s Federal Reserve is leading the way.It’s printing money at such a furious pace, it makes the huge rescue following...

Bitcoin adoption could grow because of its efficiency, billionaire Tim Draper

by manuelmoinard | May 6, 2020 | chart Analysis, Update

While many people believe that the massive adoption of Bitcoin is somewhat tied around the mainstream acceptance of digital currencies in general, Tim Draper thinks there is more to it. In a Bloomberg report, the American venture capital investor said Bitcoin adoption...

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