Venture capitalist: 2020’s coronavirus crisis will only prove the value of Bitcoin and crypto

No market or facet of the economy has been spared amid the coronavirus crisis, crypto included. Case in point: since the $10,500 high seen in mid-February, the price of Bitcoin has cratered by 36 percent, posting similar losses to markets like American equities and commodities (namely oil). What’s worrying is that a V-shaped economic recovery […]
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Analyst: This simple factor shows Bitcoin may drop another 40% before forming a long-term bottom

The global market meltdown seen throughout the past few weeks has shown no signs of slowing down anytime soon, and Bitcoin has been firmly exposed to the implications of this – plummeting significantly from its 2020 highs of $10,500. One prominent investor within the blockchain and cryptocurrency industry is now noting that investors should keep […]
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Trader warns institutions won’t ever invest in Bitcoin large-scale due to the overnight plunge

The Bitcoin price plummeted by 50 percent on March 12 in a steep sell-off, and one cryptocurrency trader said that it could eliminate the appetite of institutional investors to invest in the space at a large-scale. “Bitmex is the main reason institutions won’t ever invest in BTC in large scale. Too much manipulation. Seriously if […]
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Edward Snowden: ‘this is first time in a while I wanted to buy Bitcoin’ for this reason

American whistleblower Edward Snowden said that this is the first time in a while he wanted to buy Bitcoin. Snowden suggested that the Bitcoin price crash of more than 55 percent in a two-day span had “too little reason” for being such an intense correction in a short period of time. This is the first […]
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Major Ripple supporter sells all of her XRP holdings due to toxic community

Tiffany Hayden, once one of the Ripple’s biggest supporters and self-proclaimed CEO of XRP, has sold off her XRP holdings due to constant attacks from the XRP community. The blockchain advisor said that the constant attacks she suffered from Ripple supporters caused her to sever ties with the project. Major Ripple supporter dumps all of […]