Bitcoin pioneer and podcaster, Max Keiser, believed that retail investors will be left out of the bitcoin market especially as the cryptocurrency’s price “rockets to $1,000,000 per coin,” which will make it more difficult and almost impossible for people to afford Bitcoin. According to Keiser’s own estimations, since in 2024, Bitcoin’s supply would get cut...Read More
One of the most hotly debated topics in crypto of late has been the question of whether the Ethereum 2.0 Genesis event will take place successfully on 1 December. The target for Ethereum 2.0’s on-time launch is set at 524,288 ETH. As of last week, only 20% of the target had been achieved. However, at...Read More
While it may have escaped the attention of many, Bitcoin is not the only cryptocurrency rallying right now. While Bitcoin’s price stood at $18,600 at press time, the combined market capitalization of all cryptocurrencies was north of $548 billion. In fact, Bitcoin’s dominance was down from 66% to 63.2%. In fact, some altcoins like XRP,...Read More
With a collective market cap of over half a trillion, it is safe to say that almost every major digital asset in the market is impressing its bag holders at the moment. Litecoin is no different and right now, for reasons unexpected, many are somewhat on its bandwagon once again. Source: LTC/USD on Trading View...Read More
Bitcoin Dominance continued to plummet on the charts, with the same noting a figure of 64.94%, at press time, down from 67.91% a few days ago. Further down the crypto-ladder, while Tezos enjoyed a breakout and tested a level of resistance, Verge posted gains and flipped a level of resistance to support, indicating that it...Read More
After PayPal emerged as a significant player in the Bitcoin market, after its decision to offer PayPal customers the ability to buy and sell BTC among other cryptocurrencies, the payment giant’s President and Chief Executive Dan Schulman, believed that cryptocurrencies will “play important roles” going forward. In a discussion hosted by CNBC’s ‘Squawk Box’ Dan...Read More
It is now a well-known fact that payments giant PayPal is knee-deep in the Bitcoin market. In today’s interview with CNBC, CEO Dan Schulman explained his rationale behind the world’s top cryptocurrency value. He also elucidated on why his company is placing giant buying bets on BTC. The Utility Surrounding Bitcoin And Cryptocurrencies Is What...Read More
Bitcoin‘s recent purple patch seemed to face its first setback over the past 24-hours after Bitcoin dropped down to $17,610 from a high of $18,890 on 22 November. While the cryptocurrency’s price had recovered to climb above $18,000 at press time, the wheels, unbeknownst to everyone, might have been in motion over the previous week...Read More
Bitcoin’s recent rally has been driving up much interest in the crypto market at large, with BTC attracting several notable investors. In that regard, CEO of Ripple, Brad Garlinghouse acknowledged in a recent tweet that institutional investor interest in cryptocurrencies has been on the rise. In his tweet the CEO said: Never a dull moment...Read More
This is the final part of a three-part look at a monthly dollar-cost averaging strategy. In the first part, we discussed the idea and saw which three months gave the worst returns using this method. In the second part, we saw which months gave meh or flat returns, which also underlined the lack of volatility...Read More
Blockchain-based rewards platform StormX has released a seasonal promotion for its award-winning Crypto Cash Back App. The promotion will allow app users to earn a 50% bonus on top of their cashback between Thanksgiving Day and Cyber Monday (November 26-30). StormX has also introduced a brand-new staking service, allowing users to earn an additional 50% per...Read More
Less than two months after its latest network upgrade, Ethereum Classic plans to undergo another one on November 29th. Dubbed Thanos, the new hard fork will enhance security while maintaining its compatibility with Ethereum. Thanos Is An Inevitable ETC Network Upgrade The Ethereum Classic team would like to quickly forget the summer of 2020. In...Read More
Disclaimer: The findings of the following analysis are the sole opinion of the writer and should not be taken as investment advice A recent re-test of the $17,610-level led to the perma-bears in the market rearing their heads with interest. However, to their disappointment, Bitcoin jumped back above $18,000 and it has maintained a position above...Read More
Bitcoin’s discussion is no longer exclusive to developers and coders as a growing number from the general public is also backing the cryptocurrency. In recent news, the son of musician John Lennon- of the Beatles’ fame, and artist Yoko Ono’s son, Sean Ono Lennon, came out as a Bitcoin supporter. As part of a session...Read More
Andre Cronje, the brain behind the popular DeFi protocol Yearn Finance and the most expensive cryptocurrency YFI, has unveiled yet another DeFi protocol called Deriswap. Obsessed With Capital Efficiency The project focuses on capital efficiency, an aspect of DeFi that Cronje said he is obsessed with. The YFI creator is set to change the current...Read More
Circle and CEO Jeremy Allaire have been in the news a lot lately. Not only has the U.S government enlisted Circle’s help for a ‘foreign policy objective’ in Venezuela, but Circle also recently launched Yield USDC accounts for businesses. On the back of such developments, Jeremy Allaire recently expanded on the Master Plan for USDC...Read More
The Crypto Fear and Greed Index continued to underline the extreme greed in the market with a reading of 90, at press time. While Binance Coin registered a bearish divergence that could see the coin dip slightly on the charts, Ontology’s trading volume was yet to catch up with its latest surge in price. Finally,...Read More
In a development that has taken many in the community by surprise, a blockchain bond worth $3 billion has been withdrawn from a Malaysian crypto-exchange, according to a recent report. The bond in question was arranged by a China Construction Bank Corp (CCB) unit using blockchain technology. In fact, it was reportedly withdrawn at the...Read More
Altcoin markets continued to look strongly bullish in the short-term after the malaise that had set in over the past couple of months passed. While Ethereum Classic surged to the upside of a range it had been stuck within, Maker flipped a level of resistance to support over the past few hours. Finally, EOS continued...Read More
Over the past few months, the perception and the sentiment around the crypto-market have changed dramatically. Not only are institutions jumping in, but some regulators have had a change of heart too. However, while some of the previous frostiness has thawed lately, it should be noted that what is catching the eye of most are...Read More
The larger market sentiment has shifted strongly in the favor of the bulls over the past few days. In fact, Bitcoin refused to drop below $17,800, despite corrections setting in. In the time that it traded sideways, the altcoin markets have seen capital flow into them. Stellar Lumens and FTX Token posted remarkable gains over...Read More
100x Group is delighted to announce that it is providing a US$20,000 grant to Gary Kramlich to develop the open source instant messaging client Pidgin. The Pidgin program allows users to log in and use multiple chat networks simultaneously. Gary started working on the project in 2003, before taking over as the lead developer in...Read More
