Discussions involving Gold and Bitcoin in the same sentence are never far from making the headlines. Both the non-yielding assets have made significant strides in 2020 as the traditional stock market lost a bit of its credibility. With Bitcoin nearing $12,000 at the time of writing, Skew analysis suggested another ground-breaking development between the two...Read More
Grayscale Investments, Barry Silbert’s bitcoin, and crypto asset management firm will launch a nationwide advertising campaign in the United States next week. Silbert, also the founder of Digital Currency Group, announced it on Twitter a few hours back. Grayscale ‘To Bring Crypto To The Masses’ In Another Ad Campaign In a tweet posted earlier today,...Read More
As the financial environment around the world changes, the world of cryptocurrencies has become even more inviting to many investors. Many players in the mainstream markets have been dipping their toes in the crypto pool to test the interest of institutional investors. Major crypto asset manager Grayscale Investments has been one such business witnessing great...Read More
Bitcoin’s recent attempts at consolidating its position above the $10,000 have been largely successful, with the effects of the same being felt by the rest of the altcoin market. While the likes of Tezos and Monero rose on the charts to register notable gains, others like Ethereum Classic didn’t see any of the gains. It...Read More
With Bitcoin’s price gathering positive momentum in its price charts, some of the important metrics were beginning to witness a shift. The largest digital asset recently breached over the $11,500 once again and it is currently marching towards a re-test of the $12,000 resistance. With the price climbing the valuation ladder, the Glassnode indicated that...Read More
The altcoin market has had a fruitful few months lately. While July was crucial to many of these alts gaining despite Bitcoin’s low volatility, the month of August saw BTC come to life again. Bitcoin rose, and at press time, was holding a position above $11,000, giving impetus to the rest of the market. The...Read More
The large American multinational bank Goldman Sachs has appointed a pro-blockchain head of its digital asset department – Mathew McDermott. In a recent interview, McDermott expressed his views that the global financial scene should be digitalized and even hinted that Goldman is exploring the possibility of launching its own stablecoin. Pro-Blockchain Head At Goldman Sachs...Read More
If the past few weeks are anything to go buy, you better have Bitcoin in your portfolio. The cryptocurrency is now trading at over $11,500, not only consolidating into five-figures, but surviving a bull trap, and decoupling from the stock market in the process. Going by this change of market sentiment, and with the backdrop...Read More
Disclaimer: The following price prediction estimates Bitcoin SV’s imminent bearish pullback. Over the past week, it is becoming increasingly difficult to estimate the breakout pattern of Bitcoin SV. The BTC forked coin seems hot-and-cold in terms of dependence on Bitcoin but its recent break above $217 may have indicated the underlining strength of its BTC-correlation....Read More
Shifting trends are not uncommon in the crypto industry. At the moment, Ethereum’s bullish narrative is possibly heading towards a restructure. It seems like a long time but Ethereum surged past its $400 resistance only a week back. The fact that the community has been talking about it consistently is making it impossible to keep...Read More
Bitcoin Bitcoin saw a 5% price rise this week as it reached the $11,750 level. The cryptocurrency started the week at the $11,400 level as it pushed higher into $12,095 on August 2nd. From there, Bitcoin experienced some major volatility as it dropped by $1,400 in just a few minutes to fall into the $10,575...Read More
Disclaimer: The following article attempts to analyze the short-term Ethereum market and its impact on price. The cryptocurrency market has been witnessing bursts of volatility over the past week. As the largest cryptocurrency, Bitcoin rallied, the remaining market also marched along, however, this trend was only limited to major cryptos, as the correlation between BTC...Read More
One of the most widely used decentralized exchange Uniswap has raised $11 million in a Series A funding round led by Andreessen Horowitz (a16z). Uniswap’s market share has been growing rapidly in the past several months, and the team behind it indicated that they will utilize the funds for the third version of the platform....Read More
The pTokens project has today launched the pNetwork DAO, giving holders of the governance token $PNT the opportunity to help govern and influence the future of the DeFi cross-chain solution. pTokens make every cryptocurrency compatible with every blockchain, such as pBTC, which enables Bitcoin holders to explore Ethereum and EOS DeFi without having to sell...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog By Friday, August 7th, the ETH seems to gave lost its absolute confidence in further growth but its overall mood remains positive. This promises a chance of growth after the pause. Today the ETH is generally trading at 396 USD. On H4, the uptrend of the ETH has passed...Read More
After having struggled below the $10,000 mark for a long time, Bitcoin managed to go past it recently after it broke out of its rather long consolidation phase. While Bitcoin is often accused of exhibiting alarmingly high volatility, during the course of the past month, its volatility dropped substantially to the dismay of many traders...Read More
The move has been seen as extremely positive for the crypto industry as her nickname is ‘crypto mom’. The Senate Banking Committee cleared Peirce’s nomination on Wednesday, extending her term until 2025. Pro Crypto SEC Commissioner Peirce is very pro-crypto and fintech innovation, commenting last month that it is “going to be here to stay...Read More
Bitcoin’s latest attempt to climb on the charts has been met by some degree of success, with the world’s largest cryptocurrency, after a long time, managing to hold a level above the psychological resistance of $10,000. At press time, Bitcoin was being traded at $11,736 with a trading volume of $8.3 billion. Source: CoinStats Such...Read More
It’s another exciting day in Bitcoin land. And no, it doesn’t have to anything with BTC’s rallying price. Of course, the price has brought smiles on the faces of Bitcoiners across the world, but there’s something else too. The latest data shows that whales no longer control Bitcoin’s supply. The number of retail investors owning...Read More
As far as exchange tokens go, Binance Coin is the top-dog, but among the top-coins in the market, not so much. Currently occupying the 10th spot in the coin market, the exchange token has seen fallen by 1 percent in the past 24-hours, while most of the cryptos above it are in the green. Among...Read More
Bitcoin continued heading upwards, but it couldn’t challenge the $12,000 line. Bitcoin Cash’s 10% increase is among the most impressive from the larger-cap alts, while some lower-cap altcoins have been surging by double-digits. Bitcoin Aims At $12,000 Bitcoin was steadily progressing towards $12,000 in the past 24 hours. After yesterday’s low of $11,580, bulls took...Read More
