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3 Reasons Behind the Recent Crypto Market Crash—Why Bitcoin Price Dropped $600

3 Reasons Behind the Recent Crypto Market Crash—Why Bitcoin Price Dropped $600

The Bitcoin price started to plunge in coincidence with our report of the Korean police raiding Korea’s largest cryptocurrency exchange Bithumb for fraud. 

Changpeng Zhao, CEO of Binance Opens Up About Bitcoin & Current Crypto Market Situation

Changpeng Zhao, CEO of Binance Opens Up About Bitcoin & Current Crypto Market Situation

In one of his blog posts posted on March 20, 2020, Changpeng Zhao, CEO of Binance shared his thoughts on the current situation in the crypto market. He isn't worried about the cryptocurrency at all. According to him, the fundamentals haven't changed and Bitcoin is still limited in supply whose demand is increasing, especially at this very moment.

Crypto Analyst Suggests Bitcoin Price Has “Bottomed,” Bullish in the Next Few Weeks

Crypto Analyst Suggests Bitcoin Price Has “Bottomed,” Bullish in the Next Few Weeks

Despite a massive technology stock sell-off recently, the US stock futures market was trading in positive territory on Sept 9, adding pressure to financial markets.

Bitcoin Poised for a Breakout, BTC Price Shows First Buy Signal Since COVID Crypto Market Crash

Bitcoin Poised for a Breakout, BTC Price Shows First Buy Signal Since COVID Crypto Market Crash

Bitcoin’s price has been trading around the $10,000 level for weeks—this could all change as Bloomberg's indicators suggest.

Is Bitcoin still a Safe Haven? The Crypto Community Debates on Twitter Following Global Stock Market Crash

Is Bitcoin still a Safe Haven? The Crypto Community Debates on Twitter Following Global Stock Market Crash

Is Bitcoin still a safe haven? The Crypto Community takes the debate to Twitter after the biggest stock market crash since 2009.

April 16: When Memories Last A Lifetime

April 16: When Memories Last A Lifetime

Trading Crypto with Eugene is a series of daily commentary on the crypto market and trading advice from Eugene Ng of Matrixport, a veteran trader with 10 years of experience in top-tier global investment banks. Hope you find it helpful!

US Dollar Crash and Double-Dip Recession Odds Are High, says Economist Stephen Roach, Fueling Bitcoin Bulls

US Dollar Crash and Double-Dip Recession Odds Are High, says Economist Stephen Roach, Fueling Bitcoin Bulls

Economist Stephen Roach says that the US dollar is set to crash and that a double-dip recession’s odds are above 50 percent. What will this mean for Bitcoin?

Bitcoin Price Will Hit $20,000 in 2020? Not Even Close Says Peter Schiff

Bitcoin Price Will Hit $20,000 in 2020? Not Even Close Says Peter Schiff

Bitcoin has been having a good year and a very strong price showing since the Black Thursday stock market crash in March.

Chainlink (LINK) to Expect a Bullish Trend Reversal After Recent Crash? Price Predictions are Mixed

Chainlink (LINK) to Expect a Bullish Trend Reversal After Recent Crash? Price Predictions are Mixed

Plunging 20 percent from its all-time-high in 2020, analysts have mixed feelings about the future of Chainlink.

Goldman Sachs' Yuan Crash Forecast Could Affect Bitcoin Price, Bull Run Ahead?

Goldman Sachs' Yuan Crash Forecast Could Affect Bitcoin Price, Bull Run Ahead?

Goldman Sachs is expecting the Chinese yuan to fall to its lowest since 2008 in the coming months due to the existing US-China trade war, and now the US potential sanctions on China over its feud over Hong Kong. US President Donald Trump has announced earlier that he will be looking to end preferential treatment for Hong Kong in terms of trade and visa-free travel, due to the new security law for Hong Kong approved by Beijing. The yuan has been forecasted by Goldman Sachs to fall to 7.25 per dollar during the next three months before recovering to 7.15 per dollar over six months, then to 7 per dollar in the next year. As the firm sees the yuan falling to its 2008 low, the potential for Bitcoin to experience an explosive price rally has been raised.

Bitcoin Educator Andreas Antonopolous Believes Oil Price Crash Gives US Bitcoin Miners an Advantage

Bitcoin Educator Andreas Antonopolous Believes Oil Price Crash Gives US Bitcoin Miners an Advantage

Following the oil market crash in April, electricity prices have continued to fall globally. Bitcoin educator Andreas Antonopoulos believes that despite the disruption to industries, the oil market downturn could give US cryptocurrency miners an advantage.

Bitcoin Outperforms Ethereum and Cardano as the Crypto Market Recovers

Bitcoin Outperforms Ethereum and Cardano as the Crypto Market Recovers

As the top three cryptocurrencies continue on their recovery, Bitcoin appears to be showing more impressive momentum than ETH and ADA.

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