Bitcoin prices followed stock markets down on Friday, sliding to an intraday low of $9,050; however, the primary cryptocurrency was able to recover in order to reclaim $9,300 over the past day but failed to break resistance there, sliding again to around $9,200 during most of Saturday. BTC/USD, Bitstamp. Source: TradingView The move has kept...Read More
The cryptocurrency market and its ecosystem have noted tremendous growth over the past few years. Increased adoption rates and the fact that there is more regulatory clarity around digital assets today have further helped crypto’s growth. Bitcoin, today, represents a robust store of value and a hedge that can diversify traditional investment portfolios. However, as...Read More
Disclaimer: The findings of the following analysis attempt to analyze BSV’s price movements The cryptocurrency market seems to have lost a lot of its sheen over the past couple of weeks, with the same especially true for Bitcoin’s forks. Bitcoin SV, Bitcoin Cash’s fork, has historically been highly correlated with Bitcoin [BTC]. However, it has...Read More
With a market as volatile as cryptocurrencies and a community as sensitive as the online Bitcoin world, one would expect #WheresThePump, #BitcoinToTheMoon2020, or #CovidCantStopBitcoin to be trending with a price increase. Alas, neither has happened. Over the past two months, Bitcoin has been eerily stable, trading within a tight $8,500 to $10,000 range without budging...Read More
Nearly 90% of cryptocurrency investors worry about what will happen to their funds in case they pass away, a new study revealed. However, less than 25% of participants noted that they organized a comprehensive plan regarding their digital asset will. Cryptocurrency Funds After Death The digital asset field differs from traditional finance in various forms....Read More
Disclaimer: The findings of the following analysis aim to analyze the prevalent trend in the Litecoin market and its subsequent impact Despite little fluctuation in the price of Bitcoin, the world’s largest cryptocurrency, the overall state of the cryptocurrency market remains dull. The new eighth-largest coin in the market, Litecoin [LTC], also referred to as...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 over the past month has left much to be desired. In fact, XRP recently lost out to Tether in terms of market capitalization, dropping to fourth place on CoinMarketCap’s list. Since the Black Thursday...Read More
For those who expected Bitcoin’s price to surge exponentially any minute, the month of July has been disappointing. Since 1 July, Bitcoin‘s price has gained by just 0.2%, with the same moving from $9,300 to $9,318.92 on the charts. This is perhaps the best evidence of the low volatility in the market. However, that’s not...Read More
One out of four men, alleged in a $722 million Ponzi scheme, has pleaded guilty on his charges before а U.S. District Judge. The Romanian programmer Silviu Catalin Balaci, 35, faces a penalty of prison and a fine for a long-running cryptomining fraud with partners. Defrauding Investors Of More Than $722M Balaci was arrested earlier...Read More
In Q2 of 2020, Bitcoin rose from $5,500 to over $9,500, with brief skirmishes over $10,000. And yet, trading volume on cryptocurrency exchanges saw a net quarterly decrease. On looking at the high-stakes nature of Bitcoin’s Q2 beginning, the price-to-volume difference looks bleak. According to the latest quarterly report by CoinGecko, the world’s top cryptocurrency...Read More
Over the past few weeks, while Bitcoin, the world’s largest cryptocurrency, has dithered and struggled to breach past its immediate resistances, altcoins have rallied, with the performance of many like Cardano giving fuel to expectations of an altseason once again. Like Cardano, cryptos such as IOTA and VeChain weren’t far behind on the charts either....Read More
In a recent interview with Real Vision boss Raoul Pal, Kraken CEO Jesse Powell said some startling things. According to him, Bitcoin’s anonymous creator Satoshi Nakamoto may have foreseen a bigger financial crisis than 2008’s Great Recession. Jesse Powell: ‘Satoshi Saw a Bigger Bubble Coming’ The second to last talk of Real Vision’s exclusive ‘The...Read More
Bitcoin – Correlated at the hip? Proponents of Bitcoin, the world’s premier cryptocurrency, have long claimed that the king coin is far from correlated with traditional financial markets, especially the S&P500. However, this claim has lost a lot of its footing over the past few months, with the COVID-19 pandemic affecting each and every market....Read More
Bitcoin, the world’s largest cryptocurrency, continues to dictate the price movements of most of the altcoin market. However, it would seem that its effect on the rest might just be waning. While Bitcoin did rise briefly before falling over the last few days, many such as Bitcoin Cash, Monero, and Dogecoin seemed to resist, which...Read More
Bitcoin remains in its quite familiar range between $9,000 and $9,300 after a 2% increase from yesterday’s low. The most prominent US-based indexes registered similar increases yesterday, confirming the high correlation levels between the two asset groups. Bitcoin And Altcoins Recover As reported yesterday, the price for the primary cryptocurrency decreased to $9,050 on some...Read More
Many of the market’s cryptocurrencies noted a splendid start to the year, with many of them surging exponentially. However, this soon changed as the Coronavirus pandemic took effect and crippled markets worldwide. This was true of the crypto-market as well, with the exception being that it was quick to bounce back. This is the reason...Read More
