If you’ve been on Crypto Twitter at all over the past 48 hours, you’ve likely heard the plight of many Youtubers covering the Bitcoin and cryptocurrency spaces.For those who missed the memo, earlier this week, countless influencers and content creators in the industry have reported that a number of their videos regarding developments in the...Read More
For some reason or another, discussing Bitcoin at the Christmas dinner table has become somewhat of a meme. Christmas, after all, is when you spend time with the closest people in your life, the people who may listen to your drunk ramblings about the potential of blockchain or why a certain cryptocurrency (or investment for...Read More
After losing its footing the previous week, most major cryptos tumbled and were trying to recover. While most crypto assets are down over the past week, bitcoin managed to gain 5% of its value back, after Tron which noted a 7% recovery. However, other altcoins like Tezos [XTZ], still have a long way to go...Read More
Since Bitcoin (BTC) bounced cleanly off the macro $6,400 support earlier this month, analysts have been wondering if the pain is over for the cryptocurrency market. According to two key trend indicators, which predicted previous bear markets and bull markets, the medium-term to long-term trend remains bearish, unfortunately enough.Related Reading: CME Futures Data: Institutions Still...Read More
On January 3, 2020, the Bitcoin network officially turns 11 and the technology has transformed the lives of many. Since blockchain’s inception, scholars and economists have rigorously studied and written thousands of academic papers covering the subject. In 2019, there were more than 13,700 academic papers and Google Scholar articles published that mention the Bitcoin...Read More
After a particularly rough end to 2019, it looks like the fortunes of Ethereum investors aren’t set to change anytime soon. Almost 205,000 Ether (ETH) has hit popular trading venues within the last 24 hours.With trading volumes slumping over the holiday season, a sudden influx of selling pressure seems likely to sink the market further....Read More
Cryptocurrencies and digital assets are of great interest to numerous companies. In China, Tencent aims to venture deeper into this ecosystem. It is a remarkable decision for the Chinese internet giant and parent company of WeChat. Tencent Explores Digital Currencies Exploring and researching new use cases for cryptocurrencies remains a somewhat controversial approach. Company employees...Read More
For months now, crypto investors have been asking if the Bitcoin (BTC) bottom is in. While the answer has mostly been no over the past few months, a number of analysts are becoming certain that the drop to $6,400 seen earlier this month was the final bout of decisively bearish price action this cycle.Related Reading:...Read More
Bitcoin’s market reflected signs of recovery in the past week, after being worn down most of December. Although the BTC market cap was still down week-over-week, its estimated hash rate grew by over 10%. However, the hash rate of altcoins like Ethereum [ETH], Litecoin [LTC], and Bitcoin Cash [BCH] dropped by almost 2.9%, with ETH...Read More
After touching a low of $0.175 on December 18, XRP’s performance over the rest of 2019 seems much more digestible. For the period between January and April, XRP consolidated between $0.30 and $0.32, only to rise to $0.50 by June. The coin has been on a steady decline since then, with only a couple of...Read More
The crypto investors seem to not really care about the real potential XRP has which was noticed by some of the analysts and economists after Ripple’s XRP had its worst year from a technical perspective, ending the year on a low note as reported in the XRP news. Although the bearishness of the asset is...Read More
After spending the first half of December above the $140 mark, Ethereum dropped by 18% over the two days since December 16. While the coin has made efforts to rise up to the $134 level since, rejection at the resistance level has been brutal, pushing ETH down to $125 at the time of writing. Ethereum...Read More
Today, we will be analyzing some of the past price trends of SIA and market predictions to be able to formulate a Siacoin price prediction for January 2020. Siacoin Overview Siacoin is a decentralized cloud storage platform that aspires to compete with storage solutions, such as Google, DropBox, Apple, and Microsoft. Sia was first proposed...Read More
Many factors influence the popularity and value of bitcoin. When looking at the overall network hashrate, the current situation doesn’t look half bad. In fact, bitcoin’s mining power reached a new all-time high earlier this week. Bitcoin Hashrate Grows Seems Unstoppable It only seems like a year or two ago when seeing bitcoin pass 1...Read More
Cryptocurrencies have become valuable over the last few years and hardware wallets are now a mainstay within the cryptosphere. More recently, steel-crafted wallets that store crypto keys on a hard piece of metal have become increasingly popular. The following is a look at the wide variety of so-called ‘doomsday’ digital currency wallets fabricated from metal...Read More
A few days after the first complaints from crypto influencers regarding having their YouTube videos removed, it appears that things are starting to escalate. The number of affected content creators keeps rising since then, and the community wonders on what could be the needed solution in this case. Youtube Bans Crypto Channels The largest content-sharing...Read More
The cryptocurrency market in 2019 underwent a rough journey, with major cryptos riding the tides one moment, and collapsing the other. Bitcoin, that noted triple digits YTD returns until earlier this year, remained profitable with 86% yield, at press time, to the investors. The price of the coin peaked in 2019 at $13,880 on 26...Read More
Christmas has arrived and so have cryptocurrency giveaway scams with their enticing offers on YouTube. Giveaway scams are no new tale to tell in the cryptocurrency market. It’s been plaguing the space for years, even forcing notable crypto-influencers to alter their display name to include ‘non-giver of crypto’ or those that clarify they do not...Read More
Despite Litecoin dropping by 16% in a little over a day on December 16, it has made considerable headway in crossing above the $40 mark, valued at nearly $43 just two days ago. At the time of writing, LTC’s $40 price-tag is still better than the December low at $35, which was last seen in February...Read More
People often criticize Bitcoin for its volatility, not realizing that the coin is still in development, but investing in it is investing in a better future. Bottoms Up When it comes to Bitcoin investments, a lot of people may have a wrong idea regarding what to expect. The fact is that Bitcoin still has its...Read More
2019 was marked by numerous events in the crypto industry, some of which could be considered quite significant and major fails. With 2019 being only 6 days away from its conclusion, it might be interesting to take a look back on this year, and see which events related to the crypto industry may stand out....Read More
In 2011, Mike Caldwell created the notorious Casascius physical bitcoin collection, and since then the series of coins has become extremely valuable. Over the last two months, a bunch of people have redeemed their Casascius coins and on December 23 someone peeled a 100 BTC ($723K) Casascius bar. Also Read: Only 375 Days Left for...Read More
Looking back at 2019, it is quite evident how Malta-based cryptocurrency exchange Binance paved its way across various sectors and geographies. With global expansion as one of its major goals this year, the Changpeng Zhao-led exchange focused on other developments as well. Throughout the year, the platform ventured into several other countries in order to...Read More
Bitcoin is looking set to end the year almost double its price at the beginning. The long term trend is still very strong and those gains are likely to continue for the next few years. Bitcoin Up Over 90% YoY Last Christmas, Bitcoin was priced at around $3,800. It had been through a brutal bear...Read More
The Chief Strategy Officer of CoinShaes, as well as one of the most prominent cryptocurrency proponents, Meltem Demirors, has spoken her thoughts on the upcoming Bitcoin Halving. According to her, it might not have the uplifting effect that a lot of the people seem to expect because the Bitcoin derivatives market is growing, causing more...Read More
From euphoria to depression: The crypto traders thought they are leaving off for Christmas in an optimistic mood; however, Bitcoin had other plans, as of now. Two days ago, following accurately touching the critical resistance level of $7700, which was discussed here many times as the short-term first significant level, the cryptocurrency got poorly rejected....Read More
Last year’s holiday season wasn’t the best time for Bitcoin holders. For those who missed the memo, in November and December of 2018, the leading cryptocurrency tanked, falling off a proverbial cliff as investors capitulated, liquidating their BTC holdings in search of greener pastures. In fact, within a four week period, Bitcoin had entirely capitulated,...Read More
Ethereum has recently undergone Istanbul Hardfork on Dec 8, 2019. This is just the beginning of a series of hard forks to shift to new PoS. However, in a change of events, Ethereum developers have announced an impromptu hard fork – Muir Glacier. The hard fork is scheduled to occur on Jan 1, 2020, as...Read More
Crypto YouTubers expressed their disappointment after YouTube decided to take down their videos. Popular influencers of the crypto space, utilize YouTube to educate people about cryptocurrencies. YouTube, however, has taken down cryptocurrency-related videos further categorizing them as “harmful content” and some of the YouTubers have been temporarily banned from the platform. Popular YouTuber, Chico Crypto...Read More
Every year, Bitcoin faces a new foe intent on crippling it by undermining the foundations it was built upon. From mining cartels to developer disputes, Bitcoin has faced a barrage of threats over the past decade. When it’s not internecine conflict taking its toll, it’s external forces including politicians and regulators seeking to exert control....Read More