Tag: Blood

Bitcoin’s Selloff Shakes Out “Top Buyers” as Analysts Eye Further Blood

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It has been a rough past few days for Bitcoin, with the benchmark digital asset erasing virtually all of the gains that came about as a result of its strong uptrend seen throughout the past several days and weeks. The cryptocurrency has mostly been consolidating for the past couple of months, with buyers ardently defending $11,000 while bears stopped it from breaking above $12,000. The latest rejection it posted within the lower-$12,000 region happened just a few days ago and was the event that first caused the market to begin…

Market Update: Blood in the Crypto Streets, Bitcoin Miner Dumps, CME Gap, Defi Doldrums

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The cryptocurrency economy slid significantly on Thursday afternoon (ET), as the aggregate market cap of all the crypto coins shaved more than 10% during yesterday’s trading sessions. More than 12 hours later, a number of the top crypto assets are still down in value between 4-12%, and some digital coins saw even bigger losses during the last 48 hours. Things change quickly in the crypto ecosystem, as digital currency proponents have been dealing with extremely volatile prices this week. For instance, bitcoin (BTC) touched a top on September 1, as…

Criminals Are Selling Covid-19 Infected Blood on the Darknet

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Chainalysis held a webinar on April 15 to discuss the impact of COVID-19 on crypto crime. During this meeting, the company revealed that criminals claim to be selling coronavirus-infected blood on the darknet. COVID-19 hurts crypto criminals According to Chianalysis, darknet markets have not been immune to the adverse effects of the pandemic, with a 33% decline in the volume of cryptocurrency sent to scam addresses. Source: Chainalysis Cybercriminals have responded differently to the crisis. Some have shown restraint in following a self-imposed honor-code. Others have dropped to the new…

Critical Coronavirus Breakthrough Seeks Blood from Recovered Patients

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Wuhan reportedly has cured patients with coronavirus by injecting plasma from recovered individuals. The breakthrough could help minimize the outbreak in key areas like Hubei. President Xi Jinping said China is seeing progress in combating the outbreak. Wuhan is said to have treated individuals in critical condition affected by coronavirus by injecting blood plasma from patients that have recovered from the virus. First big milestone in containing coronavirus in China Dovey Wan, founding partner at Primitive Crypto, shared a brochure from local hospitals in Wuhan asking for blood donations from…

Blockchain Firm Helps Congo Mine to Fight Against Blood Diamonds

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Berlin-based blockchain company, RCS Global delivers mine-to-market technology solutions to help fight against conflict minerals in the Democratic Republic of Congo. Not part of a blood-stained supply chain On Oct.1 Reuters reported that government officials in the Societe Miniere de Bisunzu’s (SMB) mine in Congo are using blockchain technology to assure its clients that the minerals they purchase are not part of a blood-stained supply chain. RCS Global started implementing its blockchain technology solutions at the beginning of 2019 that lets the SMB mine officials digitally tag its minerals. RCS…

Bitcoin Price Fear & Greed Index Turns Blood Red Under 8K — Time to Buy?

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Bitcoin (BTC) price dropped out of the descending triangle, causing a level of extreme fear to spread throughout the entire crypto market.  Bitcoin price remains bearish since the top at $13,800, as the price has been trending downwards in a channel. However, is the price of Bitcoin bearish overall or only short term?   Crypto market sentiment registers extreme fear Crypto Fear & Greed Index. Source: Alternative.me The Crypto Fear & Greed Index currently shows that there is extreme fear in the market. The index is based on volatility (25%), market…

Bitcoin (BTC) Halving Hype Mounts As Crypto Bears Draw Blood

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Next Block Halving To Drop Bitcoin Inflation Under Central Banks’ Target Although the broader crypto market has undoubtedly struggled in the past 24 hours, two months, and year without a doubt, with prices continually establishing lower lows, hype regarding the impending shift in the issuance rate of Bitcoin (BTC) has remained at all-time highs. Alec Ziupsyns, the founding partner at blockchain project incubator/backer Rhythm Technologies, recently capitalized on the resounding positive sentiment regarding Bitcoin’s supply schedule, which single-handedly sets the asset apart from government-issued fiat. In a tweet, Ziupsyns, first remarking…