Kronos, a new application beta from the developers of Denarius (D), provides people a way to socialize and transact without a central authority. This new proof of concept takes decentralization, blockchain and privacy to the next level. “Blockchains like Bitcoin and Ethereum have paved the way of innovation for cryptocurrencies and new applications like Denarius...Read More
For a while now, Bitcoin has remained above the $30,000 range even though the asset saw one of the most “dramatic drops” compared to altcoins, over the past week. While some traders gave into FUD, others thought BTC could fall as low as $26,000. But a significant number of people in the space are waiting...Read More
After reaching all-time highs, both Bitcoin and Ether have faced a wave of correction; while the former seems to be stagnated, the latter slid further. Experts believe the current dip in prices is a temporary setback and even a healthy pullback before Bitcoin and Ether reach higher ranges. However, a popular trader and crypto analyst...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Over the past two months, EOS has faced stiff resistance from the $3.6-region. The $2.7 and $2.4-levels of support have been tested multiple times. The volatility of EOS aside, the larger picture seemed to...Read More
Although Bitcoin dipped to its yearly open as predicted, some altcoins seem to be doing well, especially DOT, LTC, SUSHI, & LINK, among others. With Bitcoin gaining mainstream attention, it is only a matter of time institutions foray into altcoins. When this does happen, and it will, projects that have strong fundamentals will get picked...Read More
Many of the crypto-market’s altcoins saw their values fall as Bitcoin endured a 10 percent drop on the charts. While the fallout hasn’t been uniform, popular altcoins like Bitcoin SV, Cosmos, and Enjin Coin all saw their prices depreciate, with some noting losses of up to 11 percent. Bitcoin SV [BSV] Source: BSV/USD, TradingView Bitcoin...Read More
Bitcoin whales who accumulated the crypto-asset at $33,000 and $31,000 price levels have moved their funds to unknown locations and private wallets. On the contrary, some have sold their holdings as the frenzy accompanying the price drop gathered steam. Bitcoin, at the time of writing, was trading at $31,800 after recovering slowly from the drop...Read More
Bitcoin failed to recover in the past seven days, and it marked a further decline of about 8%. This has its current price hovering around $32,000, and its dominance has declined to 64.1%. But before we take a look at what this means for the altcoin market, let’s see what happened with BTC. The cryptocurrency...Read More
China-based Bitcoin miners are facing setbacks because of a lack of mining chips, across the world. The region, which is the world leader in the mining business, is facing unprecedented prices of mining equipment, amid increasing demand for cryptocurrency. TokenInsight COO Wayne Zhao explained in a report that China once accounted for 80% of the...Read More
Disclaimer: The findings of the following article are the sole opinions of the writer and should not be taken as investment advice Bitcoin’s fall on the price charts had a lasting impact on many of the market’s altcoins. Privacy coin Monero saw its price drop dramatically, with XMR registering losses to the tune of close to...Read More
Polkadot traded within a range of $15 and $18.25 over the past few days and noted short-term bullishness, one that could see it test the $18-level once more. NEM and Neo held on to levels of support in the face of bearish sentiment, but they would drop below in the coming days unless buyers step...Read More
The United States Securities and Exchange Commission’s [SEC] lawsuit against Ripple and its executives has been widely discussed, with the nature of XRP debated extensively as well. While the case feels like yet another securities case, it is different in a lot of aspects, especially since in none of the other cases, namely Kik or...Read More
NexTech AR Solutions, a Vancouver, Canada-headquartered developer of VR and AR solutions, has booked a $200,000 profit after selling over 130 bitcoins. The firm justified its decision with the double-spending that allegedly occurred on the BTC network yesterday. According to a press release published by the company, NexTech has sold all of its BTC holdings,...Read More
Binance Coin could be poised for a bounce to $41.5, but at the time of writing, it was facing south and the $40.4-region could pose some resistance to the price as well. Ethereum Classic clung to a level of support at $7 while VeChain was likely to rise to $0.031 and retest the boundary of...Read More
Michael Saylor’s Bitcoin bet appears to be far from over as his company MicroStrategy has acquired even more BTC despite the crypto price experiencing a significant retrace over the last couple of days. MicroStrategy has added more Bitcoin to its balance sheet according to an announcement issued on Friday (Jan. 22, 2021). MicroStrategy has purchased...Read More
As of 22 January 2021, publicly-traded company, MicroStrategy increased its Bitcoin holding by making an additional purchase of the asset. According to its latest announcement, MicroStrategy acquired $10 million worth of Bitcoin, paying roughly $31,808 per coin on average. The firm managed to gain from its earlier holdings during bull market conditions. At the very...Read More
Bitcoin’s price fell to $30,800 on Thursday, with echoes of Black Thursday sounding in a lot of people’s minds. This was the biggest price drop in 3 weeks and this may have been due to fears of double spending in Bitcoin, something that shook the faith of users. Though BitMEX confirmed that there was no...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Bitcoin Cash’s price was still in the red following Bitcoin’s crash, and it might continue to head lower on the charts. At press time, BCH had a market cap of $8 billion and was...Read More
Bitcoin’s price saw a steep price correction over the last 24 hours, with the cryptocurrency noting an 8 percent dip on the charts. As expected, given the high correlation the altcoin market shares with BTC, notable altcoins like Chainlink, Aave, and Sushi all moved closer to their respective levels of support as their prices fell...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice The Bitcoin market registered an important price drop recently, one wherein the value of the digital asset dipped briefly under $30k on the charts. Although the cryptocurrency’s value later bounced back above the $30k-level,...Read More
At BitMEX we believe that Bitcoin, and crypto in general, is not something that should be reserved for insiders. Bitcoin is open source, accessible, and controlled by no one. The ecosystem in which we have thrived is still in its nascent stages, and access to reliable information and insight is more important than ever before. ...Read More
According to a filing published today by the United States’ Securities and Exchange Commission, New York-based investment management firm VanEck intends to launch a Digital Assets ETF, one that will track as closely as possible, before fees and expenses, “the price and yield performance of the MVIS® Global Digital Assets Equity Index.” The fund will...Read More
Stellar Lumens registered significant losses recently. However, since a lot of the asset wasn’t sold on the market, XLM could see some upside in the next day or two. STEEM also showed signs that it was poised for a bounce while Maker slipped under a triangle pattern and could move towards $1000 on the price...Read More
Bitcoin’s price seemed to have recuperated as it bounced off the yearly open at $28,956. However, on-chain indicators are suggesting that this expansion was a fluke. In fact, buyers with no real volume or momentum are trying to push the price higher on the charts. The first sign of resistance weakened these buyers’ already weak...Read More
Thanks to its growing popularity among all demographics, major financial institutions are jumping on-board to research and analyze the emerging asset class of cryptocurrencies. J.P Morgan is one such institution, with its latest Cross-Asset Strategy report observing that the mainstream adoption of cryptocurrencies leads to underperformance during crises. According to its analysis, over shorter intra-month...Read More
