Bitcoin Breaks Below $20,000 Amid Market Selloff

Share this article Ethereum also dipped below $1,500 Saturday.  Bitcoin Suffers in Market Dip  The crypto market’s selloff hasn’t let up.  Bitcoin briefly dipped below $20,000 Saturday, extending its weeks-long losing streak.... Read more »

Coinsillium CEO deems CBDCs a ‘small niche’ vs Bitcoin, other cryptocurrencies

The development of Central Bank Digital Currencies (CBDCs) is picking up pace but Coinsillium CEO Eddy Travia is not concerned about their impact as he thinks they fail to give users an... Read more »

Bitcoin price briefly loses $20K on ‘bunch of nothing’ Powell speech

Bitcoin (BTC) analysts were keen to draw fresh price targets on Aug. 27 after the largest cryptocurrency briefly fell below $20,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Sub-$20,000 BTC price targets... Read more »

Sanctions, Disagreements Hamper Regulation of Crypto Mining in Russia, Experts Say

The changing geopolitical and economic environment, as well as persisting differences between responsible government institutions, are hindering the advance of legislation tailored to regulate cryptocurrency mining in Russia. According to a report... Read more »

Millions of dollars in ETH lie unclaimed in presale wallets — but there’s a way to get them back

Out in the cryptosphere, there’s a vast amount of wealth that’s seemingly out of reach. A long-running statistic suggests four million Bitcoin — almost 20% of the total supply — has been... Read more »

Fed’s Powell hawkish on inflation as BTC tumbles, Taliban ban crypto

The biggest news in the cryptosphere for Aug. 26 includes Federal Reserve Chairman Jerome Powell’s indication that recovery from the burgeoning inflation levels is still far from being done, and another stablecoin... Read more »

Into the Night: Markets Tremble as Powell Warns of “Pain” Ahead

Key Takeaways Fed Chair Jerome Powell spoke briefly this morning in Jackson Hole, Wyo. today to address taming inflation. While he welcomed July’s more positive CPI numbers, he said that they were... Read more »

Bitcoin’s Hashrate Skyrockets, Block Intervals Suggest a ‘Notable’ Difficulty Increase Is in the Cards

While bitcoin prices hover just below the $22K mark, the leading crypto asset has still shed more than 9% against the U.S. dollar during the last two weeks. Despite the lower prices,... Read more »

Hawkish Fed comments and Bitcoin derivatives data point to further BTC downside

A $750 pump on Aug. 26 took Bitcoin (BTC) from $21,120 to $21,870 in less than two hours. However, the movement was completely erased after comments from U.S. Federal Reserve Chair Jerome... Read more »

BTC drops to near $20,700 after Fed Chair Powell’s speech

Bitcoin fell almost 5% to $ 20,822 after Federal Reserve Chairman Jerome Powell spoke at Jackson Hole on Aug. 26, saying that restoring inflation back to ideal levels will take time. Powell... Read more »