Bitcoin falls 3% as traders mull risk of sales linked to Mt. Gox

Bitcoin falls 3% as traders mull risk of sales linked to Mt. Gox

Bitcoin fell as traders monitored transfers by wallets belonging to the failed Mt. Gox exchange, whose administrators have been stepping up efforts to return a $9 billion hoard of the largest digital asset to creditors. The original cryptocurrency dropped as much as 2.7% and was trading at about $67,840 as of 12:15 p.m. Tuesday in … Read more

How decentralised is the decentralised world of crypto

How decentralised is the decentralised world of crypto

The recent events in the digital assets industry have left an adverse impact on the sentiment and morale of users and investors. The primary reason behind the fiasco that we saw in the last few weeks was the lack of transparency from centralised exchanges or CEXs. These organisations in question can be classified as CeFi … Read more

Bitcoin volatility surges amid flirtation with $12,000 threshold

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By Amena Saad One of the most alluring aspects of Bitcoin to traders and speculators is back: Volatility. Price swings by the largest cryptocurrency have reached the highest level in about a year in the past few weeks as the digital asset trades around $12,000. Bitcoin crashed almost $500 in a matter of minutes this … Read more