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Blockchain

Bitcoin falls back below $32,000 as prices struggle to find steady support Blockchain

Bitcoin falls back below $32,000 as prices struggle to find steady support

A small toy figure and representations of the virtual currency Bitcoin stand on a motherboard in this picture illustration Reuters Bitcoin fell back below the $32,000 support level on Sunday as the cryptocurrency's trading range narrowed further. The token has steadily fallen from its early-January highs as experts warn of…
bubmag
January 24, 2021
Bitcoin whales: what are they – and how are they affecting the cryptocurrency’s price? Blockchain

Bitcoin whales: what are they – and how are they affecting the cryptocurrency’s price?

Single trades can lead to huge changes to the price of bitcoin. Yuriko Nakao/Getty Images There are around 1,000 individuals, known as whales, who own 40% of the market.  Whales have the potential to manipulate the currency valuations. "The big players can easily move the price," crypto-skeptic David Gerard, told…
bubmag
January 24, 2021
Warren Buffett blasted Bitcoin as a worthless delusion and ‘rat poison squared.’ Here are his 16 best quotes about crypto. Blockchain

Warren Buffett blasted Bitcoin as a worthless delusion and ‘rat poison squared.’ Here are his 16 best quotes about crypto.

Warren Buffett Getty Images / Spencer Platt Warren Buffett has repeatedly criticized Bitcoin and other cryptocurrencies as risky and worthless."I can say almost with certainty that they will come to a bad ending," the billionaire investor and Berkshire Hathaway CEO said.Bitcoin has skyrocketed as much as 350% in the past…
bubmag
January 16, 2021
5 Blockchain & Cryptocurrency Regulation Every Trader Needs To Know in 2021 Blockchain

5 Blockchain & Cryptocurrency Regulation Every Trader Needs To Know in 2021

Img source: unsplash.com Many say it is a development the blockchain was fueled by the 2008 global financial crisis. Dissatisfaction with governments and institutions, and especially banks, resulted in a decentralized system that was believed to replace the existing, centralized one, subject to the dictates of small groups of people…
bubmag
January 15, 2021
Cryptocurrency XRP drops 18% after U.S. SEC charges Ripple over offering Blockchain

Cryptocurrency XRP drops 18% after U.S. SEC charges Ripple over offering

FILE PHOTO: Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture, February 14, 2018. REUTERS/Dado Ruvic/Illustration LONDON (Reuters) -Cryptocurrency XRP XRP=BTSP tumbled 24% on Wednesday after the U.S. Securities and Exchange Commission (SEC) charged associated blockchain firm Ripple with…
bubmag
December 23, 2020