2020 has been looked upon as a year that will contribute to many significant price movements in the dormant crypto-market, especially in light of the fact that the Bitcoin halving is just over four months away. However, according to the crypto-markets data provider, Skew markets, the halving might not be significant, even when it comes...Read More
Cryptocurrency data platform, Satiment, recently reported that Ethereum retail holders (with 0.001 to 10 ETH in their addresses) increased their cumulative balance by 195,490 ETH (6.63%), since 1 January 2019. In a post on Twitter, Santiment explained that this rise in cumulative holdings went hand-in-hand with the rise of DeFi DApps on the platform. The...Read More
After consistent consolidation under the $8000 mark since 22 November, Bitcoin briefly breached the mark on 7 January. While a significant portion of the community believed that the surge in question could be instrumental to the next bull surge, a major cryptocurrency market analyst observed a change in trends for a different digital asset. Willy...Read More
Is bitcoin eyeing a major breakout? Price action suggests another leg higher could be forming. | Image: shutterstock.com Bitcoin tops $8,100 for the first time in over a month. The rally may signal a trend reversal underway for the largest cryptocurrency. Bitcoin’s Fear & Greed Index shows market conditions are improving at the start of...Read More
The crypto bull run of 2017 turned a lot of heads in both the crypto and mainstream financial markets. However, the scale of the bull run also opened the doors for many who sought to take undue advantage of the state of the market. At the peak of the bull run and for months after,...Read More
Prominent U.S-based cryptocurrency exchange, Kraken, revealed on 7 January that it received maximum law enforcement requests in 2019. The exchange reported a rise of 49% since 2018, a figure that accounted for 710 requests in 2019, as compared to 475 over the previous year. Kraken, in a tweet thread, included a snapshot from its 2019...Read More
Telegram appears to have caught a break with the recent case filed by the U.S. Securities and Exchange Commission (SEC). The company recently refused to share its financial records with the market regulator, and now the New York court has ruled against SEC’s demand. SEC Request Denied This year started on the wrong foot for...Read More
The International Monetary Fund’s Gita Gopinath has joined the list of financial personalities that have opined on digital currencies, via an article written for the Financial Times. The article titled ‘Digital currencies will not displace the dominant dollar’ expanded on the flurry of activity spurred by social media giant Facebook’s announcement of its plans to...Read More
When it comes to bitcoin, Peter Schiff’s tweets are aging very badly. | Image: AP Photo/Mark Lennihan Peter Schiff is once again targeting the number one cryptocurrency. His tweets are looking ridiculous as they are no longer based on sound logic. Some bitcoin traders are using Schiff’s tweets to time a possible bitcoin rally. Peter...Read More
Blockstream’s Marketing Director, Neil Woodfine, recently took to Twitter to address the question of “What happens when the Internet gets switched off?” Woodfine chose to respond to this question since “a surprising number of great engineers have been thinking about how to keep Bitcoin running in offline environments.” In his Twitter thread, Woodfine also outlined...Read More
Two of the largest corporations in Japan, SBI Holdings and GMO Internet Inc., have found their way into the bitcoin mining sector through a connection with Frankfurt-based company and owner of the world’s largest Bitcoin mine, Northern Bitcoin AG. According to Bloomberg, an agreement between the two Japanese firms and Whinstone Inc., a subsidiary of...Read More
Ripple’s breakout on Monday could be a sign of things to come, analysts say. | Image: shutterstock.com Ripple paints the largest volume in months. The pump is giving analysts a reason to be cautiously optimistic on XRP. Some traders expect Ripple to set the tone for other top coins. To say that Ripple (XRP/USD) had...Read More
While the rest of the industry surges, Tezos dropped by a total of 7% this week to reach $1.26. Against Bitcoin, the cryptocurrency continues to decrease as it fell below the 100-days EMA. Tezos has now dropped out of the top 10 projects as it is currently ranked in 14th position. Key Support & Resistance...Read More
The community remains at odds over whether the upcoming block reward halving for Bitcoin will have a meaningful impact, or if it’s already priced in. Defining Bitcoin’s Market Efficiency Bitcoin’s block reward halving has been at the center of fervent debates for the past 5 years but more emphasis has been placed on this topic...Read More
Bitcoin likes to do things fast: Following yesterday’s analysis, we see that 2020 is so far very bullish for Bitcoin. In less than seven days, Bitcoin had seen over a 10% increase. Yesterday, we pointed out the ascending channel on the 4-hour chart. Today, Bitcoin had broken up from the channel and quickly reached into...Read More
Malta-based cryptocurrency exchange, Binance, recently issued a statement regarding the addition of support for Polish Zloty and Swedish Krona fiat gateways on the platform. According to the announcement, Binance users will now be able to bind their Visa cards to purchase BTC, ETH, BNB, and XRP using Zlote (PLN) and Kronor (SEK). Binance’s announcement clarified...Read More
Just hours after the MATIC token dropped by 70% on 10 December, the cryptocurrency community on Twitter was abuzz with accusations of market manipulation and exit scams. Matic’s most recent attempt to calm down unhappy investors and skeptics came in the form of a blog post titled, “Matic Outreach Program: Clarifying the Recent Situation.” The...Read More
Tron and Cardano are two well-known crypto projects, and today, we will be comparing the two coins in our Tron vs Cardano comparison. What Is Cardano? Cardano (ADA) is a third-generation blockchain (with Bitcoin being the first-gen blockchain and Ethereum the second-gen blockchain). It is unique in the crypto space, as it was developed using...Read More
XRP surged over 15 percent in the last 36 hours following a significant consolidation phase that began in mid-December 2019. Now, this cryptocurrency could be signaling a retracement before the continuation of an uptrend. XRP Technical Analysis Since Dec. 17, 2019, XRP was contained within a narrow trading range. This cryptocurrency spent 20 days trading...Read More
ANON Summit is returning to Vienna, Austria for its second edition. The comprehensive two-day conference will take place on the 15-16th of April and is expected to gather more than 2000 attendees and 100 speakers. After great success in 2019 ANON Summit wants to set a sign in 2020 as well. With speakers like Andreas...Read More
The new year is here and it started off kicking. Bitcoin went on a rollercoaster, dropping to a low of $6,850 only to surge back up to $8,000 days later. As it’s almost always the case, the cryptocurrency market followed. Looking at how January turned out for altcoins throughout the past 4 years, it’s safe...Read More
OneBlock2020 was birthed because of the short fall of Blockchain developers across the continent of Africa and the need to urgently train and encourage developers to begin to look into Blockchain. A lot of startups are springing up from the continent but with very few developers to maintain the newly developed solutions across various Blockchain...Read More
Bitwala, the Berlin-based Bitcoin wallet, has announced its latest step forward in the world of cryptos by adding support for the world’s second-largest cryptocurrency, Ethereum [ETH]. Being the only banking service for cryptocurrencies in Europe, Bitwala will allow users to trade Ethereum in 31 European countries with individual private keys, the wallet revealed in an...Read More
Last year was pretty dismal for the bitcoin and crypto industry in India. Regulatory procrastination and a negative outlook from politicians have stifled the ecosystem and innovation, will 2020 be any better? BITCOIN BATTLING IN INDIA The Reserve Bank of India (RBI) has been relentless with its disapproval towards bitcoin and the crypto industry over...Read More
Bitcoin is on the move again, heading north. The largest cryptocurrency is recording impressive gains over the last 24 hours, and it even touched $8,000 before retracing to the current level of $7,900. Just yesterday, BTC was trading around $7,300, and, in a few positive candles, surged with almost 10%. However, as Cryptopotato reported, the...Read More
The future of digital assets in India may remain uncertain for a long period of time. However, the implementation of blockchain continues to grow at a rapid pace in the country. According to a report by the Economic Times, Kerala may soon be on its way to becoming the first Indian state to successfully introduce...Read More
Justin Sun, the founder and CEO of TRON, has announced that a TRON-based privacy coin is one step closer to reality. TRON initially announced plans for private transactions in January 2019. Since then, TRON added the feature to its testnet in July and opened it to beta testers in December. This week, Sun hinted at...Read More
Bitcoin began its 2020 journey with a 3.16% pump that pushed its price from $7,233.87 to $7,495, with its market cap at $132.62 billion. With Bitcoin’s halving scheduled for May 2020, there have been many predicting that Bitcoin will avenge its fall as the price rallies. However, irrespective of whether the BTC halving is priced-in...Read More
As central bankers around the world get set for a prolonged period of monetary debasement, the 99% could look to Bitcoin for protection. A Decade of Monetary Debasement Looms The European Central Bank issued guidance at the end of last year that it would keep “the key ECB interest rates to remain at their present...Read More
As decentralized finance gains steam how much of it will depend on Ethereum? Well, it depends on how long Ethereum 2.0 takes to launch. DeFi’s Dominance The number two blockchain hosts the largest number of developers, and thus reports the most activity, according to data from August 2019. Of this activity, “smart contracts, infrastructure, and...Read More
