Disclaimer: The following price prediction should face a transition over the next week. With the collective market extremely bullish, it was unlikely for the top altcoins to not join in the rally. The overall market for Bitcoin SV was positive with the asset registering a spike of 2.42 percent over the past day. However, for...Read More
This week was nothing short of exciting in the cryptocurrency markets. Bitcoin definitely woke up from its slumber and made a few aggressive moves upwards. Altcoins felt the pain as most of them decreased in value as the king of crypto took its toll. In seven short days, Bitcoin went from around $9,600 to $11,400,...Read More
The cryptocurrency exchanges have witnessed stagnant spot trading while an active derivatives market is booming. Despite being a part of a brief crypto winter, the derivatives market indicated that many users were in it for the long haul and were holding large sums of Bitcoin and other major cryptos. In the second quarter of 2020, the market-wide...Read More
President Vladimir Putin of Russia has signed a new law that will prohibit the use of cryptocurrency as a payment means in the country by 2021. Meanwhile, the Russian government recently deployed blockchain technology for its constitutional amendment. Crypto as Payment to Become Illegal in 2021 According to a report by local news outlet RIA...Read More
Bitcoin’s market dominance was on display over the previous week after an appreciation in the cryptocurrency’s value pushed the altcoin market north. Many of the market’s cryptos like Bitcoin Cash and Zcash profited off this surge in value. However, its effect wasn’t uniform or universal, with other cryptos like Cosmos continuing to correct themselves. Bitcoin...Read More
Even though the second quarter of 2020 did not manage to register tremendous growth due to the consolidation in the spot market, the derivatives market kept the pace up for the crypto assets. The spot exchanges accounted for only 11% of the transactions in the industry, whereas the crypto derivatives exchanges accounted for almost 50%....Read More
A few weeks after the crypto-community vocally predicted an incoming altseason, many of the same people are now highlighting Bitcoin’s overwhelming market dominance, thanks to the world’s largest cryptocurrency’s latest price surge. However, like is always the case, not all altcoins reciprocated the appreciation in BTC’s value, and some like Basic Attention Token continued to...Read More
The restricted performance of the crypto market in the second quarter of 2020, did not come as a surprise to its users. The consolidation phase in June was the main reason for this blow followed by the user sentiment. However, prominent exchanges believed that the upcoming quarter and the second half of 2020 could provide...Read More
Bitcoin Bitcoin saw a massive 17.7% price surge over the past week. During the past fortnight, Bitcoin managed to break above a symmetrical triangle pattern as it started to push higher to reach $9,815 by the start of this week. Bitcoin then went on to explode above $10,000 as it reached as high as $11,400...Read More
After Ethereum felt short of $335 during the rally at the start of the week, many expected that the asset would not rise any further. However, after a period of consolidation, the altcoin is up by 7.75 percent over the past day, registering a new high for 2020. Ethereum is currently valued at $343 and...Read More
[Press Release] Automate Bitcoin purchases, build your stack, turn your dollars into Bitcoin over time. Recurring Buys On Crypto.com. Source: Crypto.com Dollar-cost averaging (DCA) is an investment strategy in which an investor divides up the total amount to be invested across periodic purchases of a target asset in an effort to reduce the impact of...Read More
Bitcoin’s breakout over $10,000 and then $11,000 hours later caught everybody by surprise, none more so than the ‘smart money’ investors. While the cryptocurrency’s market is gradually shifting towards the institutional class, with Bitcoin seen as an ‘investment’ rather than a ‘currency’ the shift is not as seamless as expected. Since May, the cryptocurrency was...Read More
The latest data suggests that Bitcoin’s recent bullish stint has excited large scale investors. Whales have been accumulating copious amounts of BTC in anticipation of a larger rally. Also, there’s an almost 38 percent increment in Bitcoin addresses holding more than $1 million worth of BTC. Bitcoin Hodler Net Position Change Remains Positive Data from...Read More
Binance Coin is, like the rest of the altcoin market, a beneficiary of Bitcoin’s pump over $11,000. The exchange token sits on the edge of the top-10 coins in the market with a market capitalisation of $2.89 billion, behind Crypto.com Coin. With a 25-hour gain of just 0.75 percent at press time, while alts above...Read More
After the infamous Twitter hack in mid-July, the social media giant has published a new update on its investigation, informing that the perpetrators successfully targeted a small number of employees through a phone spear-phishing attack. Phishing Attack Caused The Twitter Hack Following the blatant attack on its network, Twitter has been quite transparent in its...Read More
China has no reservation against ‘Bitcoin activities as virtual commodities,’ the Beijing Arbitration Commission (BAC) said in a report today. The report also added that the country’s laws and regulations ‘do not prohibit’ private possession and legal circulation of BTC. Bitcoin Is Not A Currency, But A ‘Virtual Commodity’ Today local non-profit arbitration organization, the...Read More
Over the past few days, Bitcoin’s impact on the rest of the crypto-market couldn’t be more apparent. With the world’s largest cryptocurrency finally finding its feet, the rest of the market followed suit, with many of its altcoins recording substantial gains. For many of these alts, Bitcoin’s hike came at a good time since a...Read More
Bitcoin has remained calm in the past 24 hours, with minor gains towards $11,100. Unlike the primary currency, the altcoin market has seen impressive gains, including yesterday’s birthday project – Ethereum and Chainlink. Although the US economy suffered its worst quarter since the Second World War in terms of GDP results, Wall Street is breaking...Read More
