While watching the price of Bitcoin can be exciting, the days of huge percentage moves seem to be in the past. Instead, altcoins are what cryptocurrency traders look for when they want massive gains. “Alt-season” is the term used when practically every single altcoin sees major percentage moves. But what causes an altcoin rally?Bitcoin price
A key factor for an altcoin price rally is the price of Bitcoin. When Bitcoin is doing well, altcoins tend to follow that price movement. The same goes for when Bitcoin is falling – the [...]
Two out of the four local residents accused of running a major fake ID ring using internet forum Reddit and Bitcoin online currency entered guilty pleas Wednesday in U.S. District Court.
Mark Alex Simon, 35, of the 4700 block of Stengel Avenue, and Aaron Kuns, 35, of the 3700 block of Delawn Drive, each pleaded guilty to charges in connection to a major national fake ID ring based out of Toledo.
Simon admitted to knowingly transferring false identification documents and to a newly filed charge of conspiracy to launder money. Kuns pleaded guilty to production of false identification documents and to the additionally filed charge of conspiracy [...]
Bitcoin’s price peaked above $9,000 for the first time in over a year earlier today, but the rally was short lived as its price returned below $8,600 just minutes later.
At 16:00 UTC, the world’s largest cryptocurrency jumped 4.6 percent from today’s UTC opening price of $8,681 and climbed as high as $9,084 – its highest price since May 10, 2018, according to CoinDesk pricing data.
However, sellers quickly halted the rally, causing the price of bitcoin to drop more than $500 to $8,548 in just 30 minutes after reaching today’s high.
In all, Messari data reveals $26.3 billion in reported bitcoin volume has traded hands so far [...]
Former Goldman Sachs exec Breanne Madigan has left her position at crypto wallet provider Blockchain.com to join Ripple, crypto media outlet The Block reported on May 28.
Madigan, a Wall Street veteran with about 14 years of experience at major global investmentbank Goldman Sachs, has reportedly left Blockchain.com after serving there as Head Institutional Sales and Strategy for 14 months, according to her LinkedIn profile.
The former Goldman Sachs executive has reportedly joined Ripple to lead the Global Institutional Markets team to attract more institutional investment to crypto space, as she said in [...]