The Hang Seng index in Hong Kong has had some of its worst days in more than a decade, but this does not appear to have had much of an impact on bitcoin’s price; cryptos increased marginally as investors await the…
Bitcoin & Ethereum Market Overview 14/3/22
The formation of a Doji candle by the Bitcoin price indicates market hesitation. The coin price has been pushed to the bottom support trendline of $38,283 by the recent bear cycle, with the hope of resuming bullish momentum. The buyers’ inability…
Bitcoin & Ethereum Market Overview 7/3/22
Bitcoin has experienced significant volatility in recent months as a result of the geopolitical conflict between Russia and Ukraine. The coin price swings between $45,000 and $33,000, signaling a short-term range-bound gain. Despite the negative cloud that has fallen on the…
Bitcoin & Ethereum Market Overview 28/2/22
During the geopolitical problem of the Russia-Ukraine war, the largest cryptocurrency has been highly turbulent over the last two months. On January 24th, the corrective rally established the current lower low at $33,000. The buyer’s recovery efforts increase the coin price…
Bitcoin & Ethereum Market Overview 21/2/22
Bitcoin fell below $40,000 in the early weekend hours and continued to fall as tensions on the Ukraine-Russia border rose and inflationary worries remained. Ether, as well as nearly all other major cryptocurrencies, fell in value. A phishing attack of OpenSea,…
What is the Darknet and what does it have to do with Bitcoin?
The phrase “Darknet” generally refers to the part of the internet that is not identified by search engines like Google which only skim the “surface web.” The Darknet is only a small part of the “Deep Web.” Search engines don’t index…
Crypto News: A Weekly Review
On Tuesday, the majority of cryptocurrencies rose as tensions between Russia and Ukraine eased. During a press conference on Tuesday, Russian President Vladimir Putin stated that he is “ready to work further” with the West to de-escalate tensions over Ukraine. Russia…
Bitcoin & Ethereum Market Overview 14/2/22
On Friday, major cryptocurrencies fell as traders responded to geopolitical worries originating from Russia and Ukraine. US Vice President Joe Biden encouraged Americans to leave Ukraine right now, saying that “an invasion may begin at any minute.” Despite Russia’s military operations,…
Crypto News: A Weekly Review
On Tuesday, bitcoin fell below $41,000 before rebounding in the afternoon, as US officials said that they had confiscated nearly $3.6 billion in bitcoin linked to the exchange’s 2016 breach. The oldest cryptocurrency was trading at $44,187 at the time of…
Bitcoin & Ethereum Market Overview 7/2/22
On Friday, Bitcoin and other cryptocurrencies rebounded, correcting recent losses. Alternative cryptocurrencies (altcoins) outperformed, with ether (ETH), the world’s second-largest cryptocurrency, rising 13% in the last 24 hours compared to an 11% growth in Bitcoin. The recent surprise price movement in…