Over the past few years, Bitcoin has fought to be considered a safe-haven asset. While precious monetary metals like gold still dominate this category and are able to retain their value with low correlation to the financial markets, many are now turning to Bitcoin to fulfill the role that gold was accustomed to dominating. However,...Read More
Disclaimer: The following analysis attempts to foresee Litecoin’s price movement in the long term, despite its presently stagnated price The cryptocurrency market hasn’t been noting an upward trend lately, with most major cryptos choosing instead to consolidate over the past couple of weeks. However, such price movements haven’t necessarily painted a bearish picture for many...Read More
If you’ve been in the cryptocurrency space for a while, you’ll know that the second most important coin in the market is Tether. While the categorization of the stablecoin under the tag “cryptocurrency,” much less “decentralized currency,” can be debated, its significance in the market cannot be understated. As things stand, Tether [USDT], is the...Read More
The tentacles of the TRON ecosystem continue to extend their reach across the globe. The latest endeavor has seen TRON join forces with MeconCash, making TRX and JST exchangeable for Korean Won at cash points across the country. More than 13,000 ATMs will support the crypto-fiat swaps as TRON seeks to seal its status as...Read More
Bitcoin’s average monthly price has appreciated by almost 80 percent since March’s Black Thursday crash. But as per the latest data from CoinGecko, spot trading volumes have gone down by 28 percent quarter on quarter. Are BTC investors holding more than trading? Bitcoin Price is Up, While Trading Volumes are Down CoinGecko shared Part 1...Read More
Disclaimer: The findings of the following analysis attempt to foresee XRP’s price movements over the next 24 hours XRP’s price action hasn’t been very promising over the past few months. Over a month ago, XRP lost out to Tether in terms of market capitalization, dropping to fourth place on CoinMarketCap’s list. Since the 12 March...Read More
The year’s last quarter was perhaps the most anticipated quarter since Q3 of 2016. Any guesses why? Well, if your guess was the block halving, then you guessed right. On 12 May, Bitcoin noted its third block halving, with its supply cut in half, down from 12.5 Bitcoin per block to 6.25 Bitcoin per block....Read More
Altcoins, without any organic developments of their own, often find it very hard to move away from the influence Bitcoin’s price has on their own fortunes. While some like Cardano off-late have done so with a slew of major announcements, others haven’t been so lucky, with the likes of Ethereum, EOS, and DASH still far...Read More
Disclaimer: The findings of the following analysis attempt to foresee Bitcoin Cash’s price movements until the last week of July Bitcoin Cash’s recent price action hasn’t been able to replicate the strong bullish sentiment that was so common in the early weeks of 2020. While BCH has managed to go past its Black Thursday price...Read More
Justin Sun appears keen to see Tron make a splash in the emerging decentralized finance (DeFi) scene. Sun Eyes Tron-based DeFi Expansion Tweeting on Friday (July 3, 2020), the Tron CEO announced three new DeFi products, namely; JUST Lend, JUST Swap, and JUST BTC. According to Sun, the JUST (JST) token will serve as the...Read More
What would Vitalik Biterin do differently? With Ethereum 2.0 and the phased transition to Proof of Stake looming, many in the community are hyped for what they expect will be critical to the future of Ethereum. However, ETH 2.0 will follow months of project delays, something that was acknowledged by Ethereum Co-founder Vitalik Buterin on...Read More
An anonymous Bitcoin prediction initially published on 4chan made the headlines for being accurate with the first two out of six price targets. Even though it failed with the next two targets and disappointed believers, the crypto community is still electrified by bullish predictions for 2020. An Anonymous Prediction Almost Did It Technical analysis and...Read More
Cardano (ADA) is currently among the best-performing token in the top-10 rankings by market capitalization amid the announcement of future token staking capability on Coinbase Custody. ADA Staking on Coinbase Custody Coming in Q4 2020 In a tweet published on Friday, Input Output Hong Kong (IOHK) — the Cardano parent company — announced a partnership...Read More
For the most part, Bitcoin has struggled to go past its psychological resistance at $10,000 in the year 2020. Just like traditional financial markets, crypto-markets also took a significant blow as soon as the scale of the COVID-19 pandemic came to the fore. However, with half of 2020 now gone, Bitcoin’s fortunes may not necessarily...Read More
Most of the cryptocurrency market’s altcoins often follow Bitcoin, the world’s largest cryptocurrency by market cap, owing to the market share it holds. This means that as is often the case, when BTC rises, so do alts, and vice versa. The past few days have seen similar behaviour from the market’s altcoins. However, one alt,...Read More
Blockchain utilization is continuously rising in various countries across the world, a recent report revealed. It outlined that US-based companies have been awarded the most substantial number of patents for blockchain endeavors, but the Chinese multinational giant Alibaba is the single entity to receive the most. Blockchain Patents Across The Map The report from the...Read More
