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Bitcoin Price Dives By $800 in an Hour

Recently, Bitcoin took an unprecedented dive. The coin plunged by about $600 in only a few minutes. However, as minor as it might seem, the plunge led to about 15 of the 20 largest crypto assets go down by about 5% from the previous day.
The price drop was noted to have started around 21:45 UTC. Within an hour, Bitcoin dropped $800. This plunge in the price of Bitcoin led had some severe effects. For one, reports predict that over $100 million was liquidated in terms of long contracts on only BitMEX during the time of this plunge. Also, Joe Vezzani, founder of LunarCRUSH, a crypto social analytics platform, reiterated witnessing some 7-10 million liquidate longs come through.

Category: Articles
Date: 20.03.2020 15:33
What is Bitcoin?

Bitcoin was founded over a decade ago, and since the inception of the cryptocurrency, it has stood the test of time and is still currently a major coin in the cryptocurrency industry despite several others that have emerged after its development by Satoshi. Over the past decade, several changes have occurred to bitcoin in trying to make it better suited for mainstream adoption. This article explores Bitcoin’s files and how the whole thing started.

Category: Articles
Date: 18.03.2020 16:25
Why is Bitcoin Halving so Important for Future Price Movement
As investors and enthusiasts, we’re always trying to predict the future of Bitcoin. Time is ticking in the Bitcoin community, and Bitcoiners are preparing for the end of another 4-year cycle. It’s almost time for the next Bitcoin halving. Today we’ll look at Bitcoin’s halving update and discuss the possible directions that it could take Bitcoin.
Category: Articles
Date: 10.03.2020 10:29
Major Tips To Keeping Your Bitcoins Safe
Buying Bitcoin has become a major investment since the big cryptocurrency bubble in 2017. Especially after all the testimonies of people who became millionaires at the time. Interestingly, a number of people also lost out at the time, some lost their private keys and could no longer access their wallets. Some were victims of hackers.
Category: Articles
Date: 03.02.2020 10:00
Starting Out With Cryptocurrency? Here are five things to note before you buy Bitcoin
Although Bitcoin got popular in 2017, not everyone bought the coin at the time. The five stages of adoption principle categorize people into five classes when it comes to accepting new technology. The five classes are Innovators, Early Adopters, Early Majority, Late Majority, and Laggards. For cryptocurrency, the 'majority' stages were reached in 2017. However, events of the past few years after that has shown that cryptocurrency is here to stay. The result of this is that more people are beginning to join the world of cryptocurrency.
Category: Articles
Date: 21.01.2020 15:11
Top Countries To Be A Bitcoin Miner
Buying cryptocurrency online has been made easy. As a matter of fact, buying Bitcoin online might just be more convenient for you than getting to the nearest ATM. However, in some locations in the world, the cost of mining one bitcoin is just a fraction of the amount that you’d get for the same coin in the open market. This is why Bitcoin mining is gaining more traction around the world, particularly in countries where cryptocurrencies are not strictly regulated and the total cost of mining is not as high.
Category: Articles
Date: 21.01.2020 14:44
What Makes the Bitcoin Dominance Important?
If you are familiar with the world of cryptocurrency, then you’d be aware that a number of altcoins have begun to lose their luster since last year. The main reason for this, according to market surveys is that more people now prefer to buy bitcoins over alternative cryptocurrencies. This is what is referred to as “Bitcoin Dominance.”
Category: Articles
Date: 21.01.2020 14:18
Buying Bitcoin Fractions in 2020
When Bitcoin started, getting the cryptocurrency was not difficult at all. At the time, one could conveniently get a whole coin and even more. Getting commodities at the time using Bitcoin required a whole lot of coin. One BTC, at the time, was worth about 0.004 USD. The implication of this is that with one dollar, you could buy as much as 250 BTC. However, those days are definitely behind. Currently, one BTC is currently worth about 10,000 USD and not a lot of people can afford to buy a whole coin. This leaves most crypto users with only one option; buying fractions!
Category: Articles
Date: 21.01.2020 13:51
Crypto Rating - Top Cryptocurrencies 2019-2020
Rating the most popular and promising cryptocurrencies in 2019 can be done based on different criteria. The rankings are based on adoption, technology, investment reward & risk involved in the cryptocurrency. However, merging all these factors, a holistic ranking can be obtained.
Category: Articles
Date: 13.01.2020 13:13
What is Binance Coin?
Binance Coin(BNB) is the cryptocurrency of the Binance exchange. The Cryptocurrency trades with the symbol BNB and runs on the Ethereum Blockchain although there are talks about having the BNB on Binance’s proprietary chain, Binance Chain. Binance Coin runs on the ERC 20 standards and has a maximum limit of 200 million BNB tokens.
Category: Articles
Date: 13.01.2020 12:15

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