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England’s central bank warns crypto investors to be wary of the risks associated with buying cryptocurrencies. 8801 Total views 27 Total shares Andrew Bailey, governor of the Bank of England, has warned crypto investors of the dangers of participating in the market.Speaking during a conference on Thursday, Bailey balked at the notion of “cryptocurrencies,” stating…

The first-ever virtual version of Blockchain Africa delivered an optimistic outlook for the cryptocurrency and blockchain space in the continent as the world settles into a new normal dictated by COVID-19.The conference featured a number of well-known industry commentators, participants and thought leaders from around the world who addressed a completely virtual audience. The event…

Harvard professor Kenneth Rogoff says that he doesn't see Bitcoin succeeding, barring extenuating circumstances. 521 Total views 7 Total shares Often touted as a store of value or hedge asset, Bitcoin (BTC) has gained significant mainstream adoption over the past several months. Kenneth Rogoff, a public policy and economics professor at Harvard University, doubts the…

The markets have been relatively dull for the past 2 months as the price of Bitcoin (BTC) has been sustaining between the $10,200-$11,000 range. In recent days, the range has been narrowed even further, leading some traders to forecast a breakout. However, Bitcoin’s price hasn’t been showing any direction, while altcoins have taken a downward slope.…

Cryptocurrency investors awoke to another round of price declines on June 22 after the price of Bitcoin (BTC) dropped to a 6-month low at $28,805. The dip below the crucial $30,000 level might appear to be a prime buying opportunity but data shows that institutional investors are continuing their longest selling streak since February 2018.Data…

The European Securities and Markets Authority (ESMA) has decided to extend its restrictions on contracts for differences (CFDs), including crypto-based ones. The agency has announced its decision in an official release published Friday, September 28.A CFD is a contract signed between a buyer and a seller, which stipulates that the difference between the current value…

Bitcoin (BTC) begins a new week barely clinging to $30,000 as a “bearish divergence” sets the tone.After a quiet weekend, BTC price action faces a potential pullback period within its broader bullish trend, traders say.What could be on the menu for the market this week? After a relative period of calm, external triggers are back…