Create a FREE account and...
Manage your own Watchlist
Access all education lessons
Converse with other crypto enthusiasts
Be a part of the Interactive Crypto Community
OR
Please fill out the required fields Please fill out the required fields Please fill out the required fields
Get Into Cryptocurrency Trading Today
China tends to rain and shine for Bitcoin! This time, it is rather bad weather. Indeed, since Tuesday, Bitcoin falls and has a hard time staying at its level of 8500 USD. And as always, it brings down most of the big Altcoins.
This drop can probably be explained by the concern over the increase in regulation planned by China. "The ICO market is still very active and there are fears that China will still increase the strict regulations. " That's why Naeem Aslam, chief analyst at Think Markets, explains the recent fall in cryptocurrency.
Indeed, the Chinese Ministry of Industry and Information Technology, once again warned of the risks of ICOs. Thus, the report published by the Chinese Ministry, advises the public to avoid "excessive" speculation and "false propaganda". He also warns against pyramid schemes and fraudulent behavior. It should not be forgotten, however, that in the same vein, the report compares the current climate in the field of cryptocurrencies and ICOs, at the beginning of the Internet.
It has been more than six weeks since Bitcoin traded between 7800 USD and 10000 USD. However, over a 24-hour period, BTC decreased by 4.25%. And according to Market Watch, the probability of a break increases as the range of tightening.
It must be emphasized that Bitcoin is not the only crypto currency to fall. Ethereum is also down, it was trading a few hours ago, around 653 USD; a drop of 6% in 24 hours. Yet last week, Apple's co-founder, Steve Wozniak, compared Ethereum to Apple: "Ethereum interests me because it can do things and because it's a platform," he said. This was not enough to avoid the decline.
As for the other Altcoins, they are all in the red too.
All these drops being recorded over the last 24 hours.
Nevertheless, as far as Bitcoin is concerned, its price is still 30% above its lowest price this year. It had indeed fallen to reach the 5947 USD on February 5th.
And we are obviously very far from the beginnings of the first Cryptocurrency!
The opportunity to remember an anniversary: ââthe day when the first pizza could be paid in Bitcoin.
It was 8 years ago exactly, a pair of pizzas had been ordered at Papa John's.
At the time they had been acquired for the modest sum of 10000 Bitcoins !!! That's 25 USD.
This date was commemorated yesterday, May 22nd, under the name of "Bitcoin Pizza Day".
Today it would be $ 42 million pizza !!
The way was still traveled ...
Create a FREE account and...
Manage your own Watchlist
Access all education lessons
Converse with other crypto enthusiasts
Be a part of the Interactive Crypto Community
ALL
TRENDING
WATCHLIST
Total Market Cap The Total Market Capitalization (Market Cap) is an indicator that measures the size of all the cryptocurrencies.It’s the total market value of all the cryptocurrencies' circulating supply: so it’s the total value of all the coins that have been mined.
{[{ marketcap }]} {[{ marketcapchange.toLocaleString(undefined, {maximumFractionDigits:2}) }]}% (24H) {[{ marketcapchange.toLocaleString(undefined, {maximumFractionDigits:2}) }]}% (24H)
Symbol
Price Cryptocurrency prices are volatile, and the prices change all the time. We are collecting all the data from several exchanges to provide the most accurate price available.
24H Cryptocurrency prices are volatile… The 24h % change is the difference between the current price and the price24 hours ago.
Trade
{[{ item.name }]}
{[{ index + $index}]}
{[{ item.pair.split('_')[0] }]}
Ƀ{[{item.price.toLocaleString(undefined, {maximumFractionDigits: 5}) }]} ${[{item.price.toLocaleString(undefined, {maximumFractionDigits: 5}) }]}
{[{ item.change24.toLocaleString(undefined, {maximumFractionDigits: 2}) }]}%
{[{ item.change24.toLocaleString(undefined, {maximumFractionDigits: 2}) }]}%
Symbol
Price Cryptocurrency prices are volatile, and the prices change all the time. We are collecting allthe data fromseveral exchanges to provide the most accurate price available.
24H Cryptocurrency prices are volatile… The 24h % change is the difference between the current priceand the price24 hours ago.
Trade
{[{ item.name }]}
{[{ index + $index}]}
{[{ item.pair.split('_')[0] }]}
Ƀ{[{item.price.toLocaleString(undefined, {maximumFractionDigits: 5}) }]} ${[{item.price.toLocaleString(undefined, {maximumFractionDigits: 5}) }]}
{[{ item.change24.toLocaleString(undefined, {maximumFractionDigits: 2}) }]}%
{[{ item.change24.toLocaleString(undefined, {maximumFractionDigits: 2}) }]}%
Expert predicts massive rally for this altcoin and Ethereum to outperform Bitcoin – Report
6 minutes ago | CryptoNewsFlash
Crypto India Looks For Relief But Holds Out Little Hope In Budget Speech
9 minutes ago | Coindesk
Bitcoin Flirting With the Levels of $24,000, 2019 Batch of Investors Now in Green
17 minutes ago | Coinnounce
Crypto Exchange Binance To Launch Prepaid Cards In This South American Country
17 minutes ago | Bitcoinist
JustBit Casino Review
JustBit Casino, which specializes in virtual currencies, is easy to use because withdrawals are expl...
Huobi Token General Overview
Is Ripple The Cryptocurrency of 2021? - In Depth Review of Ripple XRP
Ethereum Classic Review
Monero General Overview
XBO
XBO.com cryptocurrency exchange redefines how you interact with crypto. Designed to make the benefit...
Bithumb
Understanding Bithumb This article highlights what is Bithumb and where it is located. It also di...
Bitstamp
Bitstamp's continued success in the crypto market This article highlights what Bitstamp is. I...
Bitfinex
Bitfinex general overview delves deep into its operations since its inception in 2012 up to date. It...
FTXUS
Introduction to the FTXUS Trading Platform FTXUS is a type of cryptocurrency derivatives exchange...
Mobi
Are you someone who makes international payments regularly using Bitcoin? Or do you travel a lot and...
Bitcoin.com
Bitcoin.com is a free downloadable Bitcoin wallet that allows users to trade and receive Bitcoins. T...
BTC.com
Created by Bitmain in 2016, BTC.com is a leading open-source Bitcoin and Bitcoin Cash storage platfo...
Cryptopay.me
Updated, Apr 04, 2020 Cryptopay is a revolution for Bitcoin users. This platform offers its custo...
Mycelium
MyCelium is an application for Mobile that offers many possibilities of security and confidentiality...
Bitcoin and Cryptocurrencies are in the red!!
China tends to rain and shine for Bitcoin! This time, it is rather bad weather. Indeed, since...
Tcoin Price Prediction | TCN Forecast
TCOIN is one of the cryptocurrencies tradings in the crypto world today though it's yet to gain...
Beechat: Instant Messaging For Cryptocurrency
For those who think that cryptocurrency has reached its peak, it might be time to think again....
Bitcoin battles to Boost as Bakkt Opening Looms
Having managed to break back above $10,000 and push on towards $11,000 after falling the...
Maximizing Your Profit with 5 Crypto Strategies
Crypto trading requires skills and strategies. Having additional experience also helps your...
Are we going towards a definitive ban on cryptocurrency trading in India?
Following the decision of the Reserve Bank of India (RBI) to ban cryptographic banking services,...
Is Algorand a good investment?
Algorand is one of the newly listed altcoins that shows a lot of potential in the crypto market....
What are the top 10 Altcoins?
Contrary to popular belief, bitcoin is not the only cryptocurrency. New cryptos have been...
VeChain and Mastercard Back Australia-China Supply Chain
VeChain and Mastercard show support for the Asia Pacific Provenance project. The council has...
Beechat: Instant Messaging For Cryptocurrency
For those who think that cryptocurrency has reached its peak, it might be time to think again....
Mobi
Are you someone who makes international payments regularly using Bitcoin? Or do you travel a lot and...
Bitcoin.com
Bitcoin.com is a free downloadable Bitcoin wallet that allows users to trade and receive Bitcoins. T...
BTC.com
Created by Bitmain in 2016, BTC.com is a leading open-source Bitcoin and Bitcoin Cash storage platfo...
Cryptopay.me
Updated, Apr 04, 2020 Cryptopay is a revolution for Bitcoin users. This platform offers its custo...
Mycelium
MyCelium is an application for Mobile that offers many possibilities of security and confidentiality...
COMMENTS (0)