When compared to April and May, June can be considered to be a disappointing month for Bitcoin. A Price depreciation of over 13 percent summed up Bitcoin‘s turbulent Q2. Initially, after the halving in May, many users had expected Bitcoin to register a correction of close to 30 percent from its peak at $10,000, but...Read More
A Fifth Circuit panel of three judges ruled against Richard Gratkowski’s appeal that Fourth Amendment rights should protect Bitcoin data. The panel ruled that the FBI agents who subpoenaed cryptocurrency exchange Coinbase to track Gratkowski’s payments to a child pornography website acted according to the law. 4th Amendment Doesn’t Hinder US Law Enforcement to Track...Read More
Bitcoin bears appear to have come out of hibernation today. According to the latest data from Glassnode, Bitcoin hourly addresses hit a 2-year high today and hourly active addresses set at a new yearly high. While these figures might sound promising, they have coincided with a steep $300 crash in Bitcoin’s price over a 2.5...Read More
The past few months have seen uncertainty rise to newer levels, with a raging pandemic crippling financial markets across the globe. For many commentators, situations like these are ideal for Bitcoin to showcase its safe-haven qualities. With the federal government on a fiat printing spree, while introducing quantitative easing measures to revitalize the economy, the...Read More
On July 1, a new deposit contest has started on KickEX, a next-gen crypto exchange, licensed and regulated in the European Union. It specializes in advanced trading features suitable for both beginners and professionals. There is an advanced trading interface with analytics tools and industry-first trailing and double stop orders. Besides, traders can benefit from...Read More
Disclaimer: The following analysis traces Tezos’s [XTZ] price movements that led to the price breakout, while also identifying its important support points The fate of most cryptocurrencies is intertwined with that of Bitcoin [BTC], the world’s premier cryptocurrency, due to its high correlation with the market’s altcoins. However, with Bitcoin’s market consolidating over the past...Read More
Among XRP, Cosmos, and Dogecoin, the meme coin [Dogecoin] seemed to note the best YTD performance, at press time. Odd, isn’t it? The coin was up 14.61%, while Cosmos was down 8% and XRP by a whopping 38%. The takeaway from this is that even though altcoins are all correlated, this difference is what makes...Read More
According to a recent report, Lithuania may be the first nation to launch a central bank-backed digital coin in the eurozone. The country’s central bank plans a pre-sale of twenty-four thousand blockchain-based digital tokens called LBCOINs. Lithuania To Sell 24k Blockchain-based Tokens A Reuters report from earlier today informed that the Baltic country has completed...Read More
After a podcast with popular Bitcoin proponent Anthony “Pomp” Pompliano, the famous comedian Bill Burr said that he will buy BTC. Fellow comedian and co-host Bert Kreischer regretted not buying Bitcoin before but seemed more interested in purchasing mining equipment. Current Economic Situation Co-founder and partner at Morgan Creek Digital Anthony Pompliano recently appeared in...Read More
For users who value financial privacy, cryptocurrencies have always been extremely relevant alternatives. Cryptocurrencies like Bitcoin have their origin story deep-rooted in this core ideal, clubbed with a general mistrust of institutions that wield a lot of power. Thus, the decentralized and trustless system on which all other cryptos are based on was born. Privacy...Read More
Disclaimer: The findings of the following analysis should materialize over the next 24-48 hours After dropping down to $8,933 on 27 June, Bitcoin has registered a minor recovery on the charts, with the cryptocurrency climbing back over $9100. At press time, it was priced at $9,180. In fact, June, again, has easily been the most...Read More
XRP has moved sideways over the last few days as the bulls battle to defend $0.175. A break beneath $0.175 could result in XRP unwinding toward $0.15. Against Bitcoin, XRP continues to make lower lows as the sellers flirt with breaking beneath 1900 SAT. Key Support & Resistance Levels XRP/USD:Support: $0.175, $0.171, $0.157.Resistance: $0.185, $0.192,...Read More
Ripple has been bridging gaps between countries with heavy remittance volumes for a while now, one partner at a time. Now, in light of the delicate condition of small and medium enterprises owing to a raging pandemic, Ripple has partnered with Currencycloud, a B2B cross-border payment platform to help these businesses. The London-based company is...Read More
As Bitcoin’s price continued to struggle below the coveted $10k mark, the altcoin market was also one to endure significant losses and bearishness. Over the past week, popular altcoins like Bitcoin SV, Monero, and Basic Attention Token have seen their prices drop by up to 17 percent on the charts. Bitcoin SV [BSV] Source: BSV/USD,...Read More
Privacy? What privacy? While most users of Bitcoin and other cryptocurrencies value their financial privacy, not all of them understand the true nature of Bitcoin. Bitcoin does not guarantee anonymity, but only pseudonymity. This was perhaps the misconception held by a convict who recently lost his appeal before a court in the United States. The...Read More
The last few weeks were quite stagnant for Bitcoin in terms of price movement, considering the cryptocurrency is famed for its price action. However, while BTC price is looking pretty unexciting in recent times, Bitcoin is fundamentally strong as the network activities continue to record new highs. Positive On-Chain Market Activities According to insight first...Read More
Many of the market’s altcoins have been noting steady and marked growth on the charts over the past few days. However, such a price appreciation, unusually, was not led by Bitcoin, with the king coin moving sideways lately while facing a lot of bearish pressure. Cardano [ADA] Source: ADA/USD on TradingView The sharpest performer among...Read More
2020 was hyped up to be a monumental year for the world’s largest cryptocurrency – Bitcoin, primarily because of its third block reward halving. However, the doom and gloom of 2020 seem to have had a serious impact on Bitcoin, and by extension, the larger crypto-market. Uncertainty in the crypto-market and lockdowns due to the...Read More
A recent poll by the popular gold proponent Peter Schiff indicated that most of his followers believe that the price of the bullion will never surpass Bitcoin’s. One BTC > Ounce Of Gold Peter Schiff is a prominent US economist and a famous gold-bug. However, he is also a well-known Bitcoin basher and rarely misses...Read More
Bitcoin attempted to conquer the $9,300 but to no fruition. The price pulled back and failed to breach the level. Meanwhile, the DeFi market continues to boom, with numerous projects marking double-digit daily increases. Bitcoin Price Fails at $9,300 Bitcoin didn’t manage to claim $9,300 yesterday and has since retraced to its current trading level...Read More
Disclaimer: The findings of the following analysis attempt to foresee how the price will unfold over the course of a few days to weeks. Chainlink’s journey has been nothing short of amazing. From a price point of $0.19 per token, the coin has managed to hit $4 in less than 3 years. In fact, at...Read More
The e-money payment platform has announced some core changes in its managing board. The leadership shift came up with a new CEO and Chief Financial Officer (CFO). Change of Places Though not so much of a significant change in the manner of adding new people to its company’s leading positions, TenX has made an important...Read More
