Today's Hot Topics

Facebook Coin More Popular than BTC in the US

In a recent study by LendEDU that shows adult Americans might not be all that interested in the crypto market or the assets that it offers. Despite this, there are a lot of people looking forward to the stablecoin launch announced by Facebook. A New-Jersey based website that lets consumers compare loans for business purposes, studies and so on, has recently conducted a round of research which shows that there is a high interest towards the new stablecoin from the biggest social media platform out there, Facebook Coin. Yes, it seems Americans prefer the unreleased cryptocurrency compared to investing in...

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Bitcoin (BTC) Flash Crash Exposes Rampant Manipulation In The Market

Bitcoin (BTC) flash crashed to $6,185 as a few big players dumped large amounts of coins on a popular exchange. The price has yet to recover from the crash and it is expected to fall lower from current levels before a reversal is in sight. The big picture is now clearer than ever and as we have mentioned in our previous analyses, the desperate buying frenzy was just a ploy to trap in some buyers so the whales could dump on them at a better price. The rally was institutions driven as some rightly pointed out but as we have...

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How BTC’s Crash is a Good sign for Future Market Cycles

It’s been an interesting 24 hours in the crypto space. Everyone seemed to be dreading the crypto correction and now it has finally happened as the markets are bleeding red. Bitcoin has lost ten percent of its value and altcoins have taken a pretty brutal beating. It isn’t all doom and gloom though as this bearish movement will present new support zones and entry levels for traders and investors. All good things must come to an end We’re basically in the middle of May now and so far, this month has been pretty kind to the crypto markets. At the...

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Flash Crash Occurs As Bitcoin & Ethereum Start to Sink Once More

Well then… that bull run didn't last very long, did it? In the early hours of today, the price of Bitcoin dropped from around $7,800 to $6,700 within just minutes on the BitMEX platform. Straight after that, the price of Ethereum followed suit as it sunk below the $200 mark. The shocking drop of Bitcoin was more than likely triggered by the placement of a big sell order on Bitstamp and other big major crypto exchanges. Stop run on stamp to trigger Bitmex liquidations. pic.twitter.com/RBmtjr88mT — Light (@LightCrypto) May 17, 2019 A developer at Gnosis, Eric Conner has said: “For...

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Winklevoss Twins: the Story of Two Bitcoin Billionaires

As members of the crypto community, it’s hard to avoid the Winklevoss Twins. They are the original bitcoin billionaires, or as Ben Mezrich’s book calls them in his book, the ‘accidental’ billionaires. Mezrich tells the story of how these two brothers made an early bet on an unknown and brand new digital asset and saw it pay off years later. This alone isn’t a big reason to write a book as we basically just told you the whole story in just a sentence but Mezrich writes it a way of an ‘anthropology’ of the hype surrounding Bitcoin. Of course, on...

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