Bitcoin price tracks $68K as 'chicken' crypto market shrugs off US PPI

Bitcoin (BTC) has in total suffered just 10% from the coronavirus outbreak which obliterated stocks and caused the United States to print $6 trillion.That was according to the latest quarterly price data from monitoring resource Skew.com on March 31, which showed that for Q1 2020, BTC/USD is only down by around 10.7%. Bitcoin streets ahead of…

BTC’s sideways price action has pushed some traders into altcoins, but analysts are confident that the next breakout will push Bitcoin price above $80,000. 1295 Total views 13 Total shares Bitcoin (BTC) bulls are still hoping for a major breakout but at the moment, bears are applying pressure and keeping the digital asset pinned below…

Ethereum Classic Labs, a core Ethereum Classic development and accelerator organization, announced partnerships with social media dApp iZbreaker and blockchain infrastructure developer Second State.Second State will build the next generation Ethereum infrastructureOn Sept. 1, the developer and maintainer of the Ethereum Classic blockchain said that they had partnered with blockchain infrastructure developer, Second State.Per the…

Fintech firm Ripple is garnering more support from the crypto and finance industry in its ongoing battle with the United States Securities and Exchange Commission (SEC).On Nov. 4, Ripple chief executive Brad Garlinghouse proudly tweeted that the number of companies, developers, exchanges, associations, and investors officially supporting the firm has reached 12.The pile of amicus…

Did Satoshi Nakamoto work on E-Gold? If so, Peter Thiel thinks he has a way to narrow down the identity of Bitcoin’s creator. 2208 Total views 11 Total shares PayPal co-founder and billionaire venture capitalist Peter Thiel believes he may hold a clue on how to find Satoshi Nakamoto, Bitcoin’s (BTC) pseudonymous creator who disappeared…

While stock splits are a sign of confidence in a company's future performance, they could introduce significant price volatility after the event.

In the country’s first legal dispute involving cryptocurrency, the Singapore Court of Appeals has ruled that virtual currency exchange Quoine must pay damages to electronic market maker B2C2. The damages are for seven transactions that were wrongfully reversed on the platform during April 2017.According to The Straits Times on Feb. 24, the court dismissed Quoine’s…

Ripple (XRP) CEO Brad Garlinghouse says the newly-announced digital asset from United States banking giant JPMorgan Chase “misses the point” of cryptocurrency, according to a tweet published on Feb. 14.As reported, JPMorgan Chase revealed its blockchain-powered JPM Coin yesterday, saying the asset will initially be used to increase settlement efficiency in select operations. Directly following…

Bitcoin (BTC) and cryptocurrency will gain trust from the incoming launch of institutional trading platform Bakkt, a well-known analyst has said.More Praise For BakktIn a tweet on Sept. 19, Fundstrat Global Advisors co-founder Tom Lee joined the increasing number of Bitcoin figures bullish about Bakkt’s impact on the space.The platform goes live on Sept. 23,…