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Bitcoin Center NYC > news > Market
  • Bitfinex Goes Offline for 2 Hours amid Crypto Market Explosion

    • February 9, 2019
    • Posted by: giancarlo
    • Category: Market
    No Comments

    Earlier today, Hong Kong-based crypto exchange Bitfinex unexpectedly went offline for two hours amid major market movement. The exchange notified users of the development in a confusing set of tweets: The first, sent at 3:05 AM EST, alerted users that the exchange had temporarily gone offline: “We are aware Bitfinex is currently not accessible to

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  • Facebook Makes Its First Blockchain Acquisition

    • February 4, 2019
    • Posted by: giancarlo
    • Category: Bitcoin, Market
    No Comments

    Facebook has reportedly acquired blockchain startup Chainspace in what is its first blockchain-related acquisition. The news was first reported by Cheddar earlier today. According to sources, the deal is primarily an “acquihire” — an acquisition whose main purpose is to bring on the staff of the acquired company, as opposed to their technology, or their

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  • What Investors Can Expect From Cryptocurrency’s Longest Bear Market

    • January 31, 2019
    • Posted by: giancarlo
    • Category: Market
    No Comments

    A glance at cryptocurrency numbers on CoinMarketCap removes any lingering doubt that cryptos have officially entered into their longest-ever bear market. A similar incident was seen in 2013 when the crypto industry underwent a 410-day bear market. During that time, the price of BTC dropped from roughly $1,000 to about $100. Since 2017 December when

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