Google Searches Spell Disaster for Bitcoin

Google Searches Spell Disaster for Bitcoin

The correlation between Google search and price movement Analysts are now supporting their predictions using the Google search volume. Their assumptions are purely based on the number of people putting the bitcoin keyword into Google Search. According to estimates, Google search for bitcoin soared sharply in December. The worldwide searches for bitcoin tripled in December compared with…

Cryptocurrency Crash Intensified, But Investors Have Yet to Find a Bottom to the Sell-off

Cryptocurrency Crash Intensified, But Investors Have Yet to Find a Bottom to the Sell-off

India’s ban on the use of cryptocurrencies has jolted markets and provided support to bearish sentiments. The news instantly wiped off $40 billion from the cryptocurrency market capitalization. The selloff is also blamed on Tether related controversy, a digital coin, which is pledged to be backed by Dollars. Bitcoin (BTC) started the day trading around…

India’s Anti-Bitcoin Sentiments Cause Crypto Panic: BTC Drops Almost 10% and Crypto Market Plummets

India’s Anti-Bitcoin Sentiments Cause Crypto Panic: BTC Drops Almost 10% and Crypto Market Plummets

India’s anti-Bitcoin sentiments have caused a crypto-wide panic to spread around the world. The country’s finance minister Arun Jaitley announced during the budget speech today that cryptocurrency was not considered legal tender in India. When the news broke, people immediately began blowing his words out of proportion. Jaitley stated that the Indian government “will take…