The recent confirmation of crypto.com on $30 million stolen by hackers puts pressure on the Bitcoin. Stricter scrutiny on the crypto exchanges also weighs on the crypto- king. Russia call for blanket ban on crypto trading and mining exerts downward pressure on the Bitcoin. Bitcoin had a drop during Friday Asian session. Crypto hacking, [...]
Bitcoin price accelerated above $50000 for the first time since Dec. 13. Major U.S. stock indexes also rose amid improving U.S consumer sentiment in December. That said, Increased demand for the riskier asset fuels the bullish trend for BTC. For the past months, fears of the rapid spread of the Omicron variant, regulatory concerns and [...]
Bitcoin trades downside against the greenback during Friday Asian session. The warning from the Financial adviser seems to pressure the Bitcoin. The president of Payne Capital Management, Ryan Payne has warned that crypto is “one of the biggest bubbles ever.” Stressing that the crypto market is “becoming a bigger and bigger casino,” he predicts that [...]
Bitcoin is trading low during the black Friday trading session. Some recent news underpin the bearish sentiment for the King Crypto. Hillary Clinton, former Democratic presidential candidate, talked about cryptocurrency Tuesday. She elaborated on her crypto statement last week and warned that the technology may be manipulated by countries like China and Russia to undermine [...]
