A myriad of factors points to the possibility that the Bitcoin bottom could be in, which comes as the crypto finds itself caught within a firm bout of sideways trading within the mid-$7,000 region, closely on the heels of BTC’s recent bounce from lows of $6,400.One popular crypto analyst recently spoke about these factors, explaining...Read More
Users can now purchase cryptocurrency with a credit or debit card on Bitcoin.com’s premier trading platform via a new partnership with Moonpay. The Bicoin.com Exchange has been rapidly expanding its offerings by adding new SLP tokens. Also Read: Gocrypto SLP Token Starts Trading on Bitcoin.com Exchange Bitcoin.com Exchange Offers New Fiat Gateway Bitcoin.com Exchange has...Read More
An average investor reaching young adulthood in the 21st-century trusts bitcoin more than a three-decade-old bullish stock.So it says in a recent study conducted by Charles Schwab. The U.S.’s thirteenth largest banking firm studied millennial investors’ self-directed portfolios for the year 2019. It found that a majority of them had more exposure to a young...Read More
The past few months haven’t been too kind to Bitcoin. Case in point, since peaking at $14,000 this June, the cryptocurrency has fallen by 50%, tumbling as low as $6,400 due to selling pressure from PlusToken and weak hands.Despite this strong retracement, there is a confluence of technical factors that suggest the medium-term future is bright for...Read More
Every change Poloniex makes will be scrutinized. Their decision to lower fees is positive, albeit some see it as another way to “Shill TRON”. It has been a very eventful year for Poloniex as a company. Interesting Changes for Poloniex Users Not only did it break free from Circle, but it also welcomed new investors....Read More
From governments to mainstream companies, everyone has looked into cryptocurrencies and blockchain. While the industry did welcome many big shots, the price of most cryptocurrencies including Bitcoin witnessed massive price drops this year. As 2020 is just days away, several have been speculating the price movement of the king coin and the other altcoins. Caleb...Read More
Over the past two years, BitMEX, a prominent Bitcoin derivatives platform, has gained much traction within the cryptocurrency trading community; in 2017, most BTC traders kept to trading on spot exchanges, meaning without leverage, though the tides have changed in the past two years as investors seek more profits.Related Reading: BitMEX Research Predicts Bitcoin Trading...Read More
Since plunging to $6,400 around December 18th and rocketing back to $7,000 the day later, Bitcoin has stalled, flatlining in the low-$7,000s as the market remains largely directionless.Related Reading: Why the Bitcoin’s Bearish MACD Cross May Not Plunge PriceBut on Saturday, BTC started to show that it had room to run, with the price of...Read More
Soon after Google-owned Youtube has swung the strikes hammer against video content creators that talked about cryptocurrency-related topics, another arm of the search monopoly has taken down a popular ethereum dapps client. Also Read: Youtube ‘Christmas Purge’ Has Content Creators Pointing to These Alternate Platforms Metamask Kicked out of Google Play Store Google Play, the...Read More
Bitcoin happens to have an amazing history riddled with incredible legends and stories. Introduced as a means of freeing the populace from the restrictions put in place by centralized financial systems, this cryptocurrency is slowly proving that there is indeed a replacement for fiat currencies. As its popularity continues to advance across various industries, crypto...Read More
2020 has highly-anticipated events like the Bitcoin halving, launch of a state-backed cryptocurrency, Proof-of-Keys event, Ethereum’s Muir Glacier and Berlin, among many. Facebook’s Libra project was supposed to take-off in 2020, but looking at the regulatory whirlpool, Libra is in, the launch may have been pushed for later. However, the introduction of Libra alarmed countries...Read More
Ethereum (ETH) has chosen the year’s most inactive day to perform a hard fork. On January 1, the Muir Glacier hard fork, as it is known, is supposed to once again delay the difficulty time bomb. Difficulty Diffusion Simply Forgotten During Istanbul Hard Fork The reason for choosing that date is ignominious, as the developer...Read More
The precarious nature of Bitcoin’s recent price action does not lend itself to helping generate bullish price action amongst major altcoins, but one prominent analyst is noting that he believes Ethereum, XRP, and Bitcoin Cash are all decently positioned to see further upside against their USD trading pairs in the near-term.Other analysts concur with this...Read More
UNICEF is a globally recognized nonprofit organization. It too decided to jump on the crypto donation bandwagon, courtesy of The Giving Block. More and more nonprofits see merit in accepting bitcoin donations. UNICEF Sets the Right Example That decision is straightforward, as it is one of a handful of global currencies. More importantly, the cryptocurrency...Read More
During the last few days, digital currency markets have been meandering sideways and prices have been less volatile. On Sunday, during the last 24 hours, the entire cryptoconomy is hovering just below the $200 billion zone and there’s roughly $71 billion in global trades. Crypto proponents are still uncertain about the future trajectory and whether...Read More
On one hand, the Ethereum community has been gearing up for the transition of the network from Proof-of-Work [PoW] to Proof-of-Stake [PoS] with Ethereum 2.0, the members of the Ethereum Classic community, on the other hand, have leaned toward the Proof-of-Work algorithm. The founder of ETC Labs, James Wo previously expressed that ETC wasn’t looking...Read More
When Bitcoin was introduced to cypherpunks in 2008 by Satoshi Nakamoto as a peer-to-peer payment system, it was immediately labeled as a revolution as great as that of the Internet. However, as the cryptocurrency started to garner more attention with each passing day, the shortcomings of the blockchain technology have become more and more evident. ...Read More
So apparently, it was Christmas this week… Did anybody get any bitcoin? Bitcoin Price So we didn’t really get much of a Christmas present when it came to bitcoin price this year. A push at the start of the week took us to $7.6k, but bulls failed to capitalize on that and prices dropped back...Read More
Very few companies survived the aftermath of the ICO hype, Ripple is one such company that was inspired by ideologies of Bitcoin and built to make cryptocurrencies better, faster, and more secure. Although the narrative around Ripple and XRP has changed over the years, both have done more than just survive: they have flourished. As...Read More
Whenever a year comes to its end, people start reminiscing on the last 365 days, recovering photos and memories, and the same could be expected to happen in the next few days, as this year ends. 2019 though, marks another milestone as the whole decade is coming to a close. While some people might start...Read More
One of the most prominent developments in the space this year was China’s President, Xi Jinping, calling on the nation to “seize the opportunity” and take a “leading position” in the development of blockchain technology. Following the news was the short-lived Bitcoin rally, reports of Chinese news and its correlation with Bitcoin’s price, and FOMO-driven...Read More
The National Power Training Institute, under India’s Ministry of Power, is offering blockchain training in multiple cities throughout the country. Participants will learn about blockchain technology, its use cases, smart contracts, Ethereum, cryptocurrency, Bitcoin, and even mining. Also read: Regulatory Roundup – New US Crypto Bill, France’s 1st Approved ICO, Muslim Crypto National Training Institute’s...Read More
TRON network’s partnership with the technological giant Samsung appears to be expanding. Just two months after announcing on the initial deal to be integrated on the latter’s Blockchain Keystore, Samsung adds support for three new TRON-based dApps for its Galaxy S10 phone. Samsung To Support 3 New TRON dApps According to a recent Korean report, three...Read More
While the traditional financial industry is no stranger to wash trading, various studies in 2019 demonstrated the widespread prevalence of artificial inflation of trading volume in the crypto industry as well. As reports of alleged fake trading made headlines in 2019, exchanges have started addressing the issue of inflated volumes. Former Senior Market Analyst at...Read More
The end of the year is usually a good time to review some price predictions for bitcoin. One model that has grown in popularity this year has been stock to flow and further research indicates that BTC price patterns are accurate. Bitcoin S2F In Depth The model was originally proposed by market analyst ‘PlanB’ who...Read More
The past year has been an extension of last year’s bear market for most altcoins. All bar a few are set to end the year lower than they began it and there have been very few survivors from 2019.2019: An Altcoin NightmareWhile total crypto currency market capitalization is currently over 55% up this year, it...Read More
Bitcoin‘s Lightning Network is popularly considered a poor scalability solution by the general crypto community but its supporters are adamant that its privacy feature is fundamentally secure. The aforementioned sentiment was discussed in a recent research paper released by three Hungarian Researchers. The paper titled “A Crypto-economic Traffic Analysis of Bitcoin’s Lightning Network” raised concerns...Read More
France will soon be monitoring social media accounts to catch suspected tax evaders. The endeavor could label anyone as suspicious who so much as posts a “taxation is theft” meme or a poses with a nice car. The country’s budget minister, Gérald Darmanin, called the court-approved experiment ‘one more tool to fight fraud.’ Exemplified by...Read More
After a strong decline, bitcoin price found support near $7,000 against the US Dollar.The price is now trading near the $7,300 and $7,320 resistance levels.There is a major breakout pattern forming resistance near $7,320 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).The price could dip a few points, but it is...Read More
Blockchains are held as disruptive new technology in 2020. As regulators prepare for legal frameworks, blockchain projects are taking over the world. Industries and companies are seeing the value of blockchains and the trustless environment they provide, and developers are building DApps on different blockchains. These DApps integrate a decentralized cloud infrastructure that is held...Read More
