Red Tide: Double-Digit Losses Sweep Crypto Asset Market

The cryptocurrency markets are a sea of red today, with all the top 10 cryptocurrencies by market cap reporting double-digit percentage losses for the last 24 hours (at press time). Bitcoin (BTC) has dropped 16 percent over the same period to 10-week lows below $8,000, and is heading towards its worst weekly loss (more than […]

Bitcoin’s Price is Nearing All-Time Highs, But Market Confidence Isn’t

While the price of bitcoin is within striking distance of all-time highs set in March, worries about the state of the network’s infrastructure are combining to depress sentiment. Chief among concerns are the ongoing issues at British Virgin Islands-based digital currency exchange Bitfinex, as the market’s dominant US dollar exchange saw banking problems appear seemingly […]