The price of bitcoin has seen some corrections over the years, but really there have only been a few deep cuts. With the bearish dips in price over the past five weeks it’s always good to look at the historical view of value drops and the long-term achievements of the cryptocurrency economy in general. Also […]
The post Dead again? In Reality Bitcoin Is Up 729% Since Last February appeared first on Bitcoin News.
The crypto markets have been having an interesting week to put it mildly. Seas of red and deep cuts have had the vultures circling, the weak hands folding, and the naysayers expending their lifetime’s allocation of “I told you so’s”. While the last two weeks have been painful for anyone who bought bitcoin in December […]
The post The Cryptocurrency Markets Are Having an Interesting Week appeared first on Bitcoin News.
Running a major cryptocurrency exchange can be a logistical nightmare, but the rewards make it all worthwhile. In information released to shareholders this week, Coinbase revealed that it recorded turnover of $1 billion last year, which works out at an astonishing $2.74 million a day or $2,000 a minute. Also read: South Korean Card Companies Block […]
The post Coinbase Is Making $2.7 Million a Day appeared first on Bitcoin News.
Cryptocurrency exchanges have been overrun for months, as record demand has caused throttling or restriction of service altogether. With exchanges buckling under the strain, a number of platforms have been forced to temporarily shut their books. On Thursday, Bitstamp announced plans to recruit 100 new call center staff as it struggles to feed the crypto […]
The post Overwhelmed Cryptocurrency Exchanges Are Hiring Staff by the Hundreds appeared first on Bitcoin News.
Exchanges are regarded by many in the cryptocurrency world as a necessary evil. They provide liquidity and an on-ramp from fiat currency, but many other aspects of their service leaves a lot to desired. From onerous KYC requests to sudden withdrawal of service, nary a week goes by without major exchanges leaving customers seething. This […]
The post Exchange Problems Mount at Kraken and Coinbase but Bitfinex Reopens Registrations appeared first on Bitcoin News.
Despite being one of the most amazing periods of sustained gains for bitcoin, 2017 ends with the first cryptocurrency losing market share to altcoins. After falling as low as 37.9% in the last two days of 2017, the market dominance of bitcoin now stands at just 38.2% as of this writing on the first day […]
The post After Ripple’s Rise BTC Dominance Falls Below 40% appeared first on Bitcoin News.
So you’ve created a Coinbase account, bought your first fraction of a bitcoin and followed up with half a litecoin. You’re now ready to become a cryptocurrency trader. You fire the lot over to an exchange where the first coin you purchase shoots up by 10% before you sell, smug in the knowledge that you’ve […]
The post Seven Deadly Trading Mistakes Every Rookie Makes appeared first on Bitcoin News.
The price of bitcoin (BTC) has dropped more than 25 percent in four days, and it looks headed for even worse territory as of this writing. Veterans have braced for its eventuality. However, there are many newly onboarded, and they’re only used to the world’s most popular cryptocurrency dipping slightly in an effort to rise […]
The post Bitcoin Crashes! Bitcoin’s Dead! Bitcoin’s Over! Or Is It? A Brief History of Deaths appeared first on Bitcoin News.
The operation had been underway for weeks. Had all gone to plan, Coinbase and Gdax customers would have awoken on Wednesday morning to discover that bitcoin cash trading had finally been added. Traders would relish the liquidity this new market would bring, the exchanges would scoop up more fees, and bitcoin core maximalists would soon […]
The post Investors Call Foul Play as Coinbase Parries Insider Trading Accusations appeared first on Bitcoin News.
It takes a brave soul to bet it all on bitcoin. Yet six months ago, that’s exactly what one Redditor did, using $325,000 of equity to purchase 191 BTC. As one commenter put it: “Firstly, let me wish you good luck. Second, let me tell you how much of an idiot you are.” As bitcoin […]
The post As Bitcoin Goes Parabolic, Analysts Voice Their Concerns appeared first on Bitcoin News.
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