Co-founder and Managing Partner at Multicoin Capital, Kyle Samani, recently took to Twitter to express his thoughts on the upcoming Bitcoin halvening event, scheduled to occur sometime in May this year. According to Samani, most of the discussion around the ‘Efficient Market Hypothesis’ with regard to the Bitcoin halvening event is “academic nonsense,” adding that...Read More
Bitcoin aka the digital gold is usually lauded as the cryptocurrency that’s going to end up as the “safe haven” for not just any financial crisis, but also for rising geopolitical tensions around the world. There have been several instances where political events have contributed to mini bull runs and improved price performances for Bitcoin....Read More
Over time, Bitcoin has come to be appreciated and accepted in the financial industry owing to various reasons. Its decentralized manner and the absence of central control has been one of its crucial properties while the narrative of Bitcoin as a store-of-value has picked up traction over the last 2 years. Although Bitcoin and other...Read More
Andreas Antonopoulos, author of Mastering Bitcoin and a well-known Bitcoin advocate, recently spoke about whether there would be a scenario where Bitcoin becomes the primary currency or a scenario of dual currencies, where it would exist alongside fiat. In an interview with WhatBitcoinDid, the author painted a scenario where there will “emerge a few economic...Read More
An influx of institutional investors and the growth of Bitcoin‘s derivative market was a major highlight of 2019. The introduction of Bakkt BTC Futures, Fidelity’s interest in crypto and the launch of the Binance Futures trading platform, all came soon after Bitcoin’s significant rise between April and May. Many considered the development of the derivatives...Read More
As the Internet emerged, it soon became a fertile ground for unsolicited and tribalistic behavior. With the emergence of blockchain technology and the crypto-industry, there has been a rise in the field’s own brand of tribalism and “maximalism.” While Bitcoin and other cryptocurrencies still have a long way to go in terms of becoming a...Read More
Over the past few weeks, Bitcoin (BTC) has been consolidating in the range around $7,000, seemingly stuck in between a rock and a hard place. Indeed, the cryptocurrency has many times bounced in the mid-$6,000s, where there is macro support, and has been rejected multiple times in the resistance band around the high-$7,000s.Related Reading: Why...Read More
Bitcoin, the largest cryptocurrency in the market, successfully marked its 11-year anniversary by drawing the attention of retailers, traders, institutional investors, governments, and financial regulators around the world. The king coin was the main subject discussed by Andreas Antonopoulos, author of Mastering Bitcoin, in an interview on WhatBitcoinDid. Speaking about the reason why people need...Read More
Bitcoin arose as a pretty high-minded idea, engendered in specialized cryptography forums. In its early days, its merits have been discussed by communities like the LessWrong forums. Bitcoin Gained a Bad Reputation in its Early Days Crypto assets and Bitcoin, in particular, gained a public image of being a simple-minded Internet coin, used by gamers...Read More
Digital currency influencers have started an auction to raise money for Ross Ulbricht who is serving a double life sentence for his involvement with Silk Road. There are lots of unique items for auction including artwork, physical coins, and other collectibles. Additionally, the crypto community has been discussing a bet analyst Ronnie Moas made with...Read More
Cryptocurrency lending startup backed by Galaxy Digital and Winklevoss Capital, BlockFi, recently revealed its plans to expand its suite of products for 2020 by adding support for USD Coin (USDC) and Litecoin (LTC). The announcement was made by the crypto-lender in a letter penned by Founders Zac Prince and Flori Marquez, dated 2 January. The...Read More
Towards the end of 2019, Bitcoin‘s Lightning Network started to gain traction again after noted crypto-exchange Bitfinex added support for Bitcoin’s 2nd layer payments protocol. Blockstream’s Liquid network and Bitrefill soon followed suit, implementing Lightning channels on their own platforms as well. During the latest episode of Bitcoin and Co, Lisa Neigut, Lightning Developer at...Read More
Samson Mow, CSO of Blockstream, demonstrates to all of us why the bitcoin community needs a little more testosterone heading into 2020. | Image: shutterstock.com Infamous “Gym Friend” meme contains lessons for the bitcoin community in 2020. Campaign of frantic censorship and deflection highlights a lack of reasoned leadership at Blockstream. The cryptocurrency space needs...Read More
Most people enter the cryptocurrency market with the sole purpose of making profits by investing, trading, or hodling. This is quite understandable, and for them, prices are the most crucial factor. Furthermore, they can get into real in-depth details to notice some positive or negative changes in the last day, week, month, or even a...Read More
The Cardano ecosystem has long been touted as one of the most innovative blockchain networks in the industry. The CEO of IOHK, the company behind Cardano, Charles Hoskinson, hopes that ADA will be the most predominant force in the cryptocurrency space by the end of 2020 and expects it to become a true social operating...Read More
Bitcoin wallets and their safety have been one of the primary concerns lately in the crypto-community, in light of the fact that crypto-wallets contain information on the secure private key that is used to access Bitcoin addresses and carry out transactions. With the increasing number of cyber-attacks and online thefts in recent times, tensions over...Read More
Bitcoin price predictions are always a point of contention. They have ranged from mind-blowing seven-figure surges to more sedate extrapolations of current market conditions. One industry executive thinks it is quite plausible for BTC to be $50k by the end of 2020 and here’s why. Speaking to Bloomberg, Nexo founder Antoni Trenchev said that company...Read More
Over the course of 2019, Bitcoin Cash had registered impressive adoption metrics in Australia. As reported previously, Roger Ver’s BCH was advancing its retail trade and outperforming the likes of even Bitcoin, ETH, and Litecoin by a huge margin in the land down under. According to the presented data, BCH had registered sales of $36,430...Read More
It was no surprise that Bitcoin was birthed in the aftermath of the collapse of the traditional financial market. Corruption in banks and governments positioned the cryptocurrency, untethered from both realms, to make its mark on public minds and thereby become a beacon for financial freedom. More than a decade later, Bitcoin is seen more...Read More
Bitcoin and the alternative coins receive different acceptance from people: from a speculative tool for trading to an investment option, digital gold, etc. Yet, most of them have another, more meaningful purpose that is somehow neglected by the masses when they see only their coins’ prices. While most people are aware of the top digital...Read More
A Bitcoin donation address has been opened to supply aid for the Australian bushfires raging this dry season. The BTC address offers a borderless way to make contributions for relief immediately. Bitcoin Address Reveals Ongoing Donation Activity The #AustraliaBurning hashtag spread to the crypto community, with a Bitcoin donation address being open for contributions. At...Read More
When it comes to privacy-oriented cryptocurrencies in the market, Monero has always been the coin that stands out the most. The cryptocurrency, that recently saw a successful algorithm shift from Cryptonight R to RandomX, was the main subject discussed by Diego Salazar, in an interview with AMBCrypto. Salazar stated that the fungible cryptocurrency represented “trustless...Read More
The previous decade has been interesting from a financial point of view. Primarily the evolution of bitcoin is worth taking into account. This remains one of the most modern forms of money to be introduced in the past 10 years. The Bumpy Bitcoin Ride Continues It has to be said that bitcoin’s evolution has not...Read More
Bitcoin has been extremely resistant to major price movements over the past month, with the world’s largest digital asset reaching a consolidation phase between $6800 and $7500. However, that particular narrative may soon change according to Antoni Trenchev, Head of Bitcoin lending platform, Nexo.io. In a recent interview with Bloomberg, Trenchev lauded BTC‘s immense growth...Read More
The start of the new decade was a fresh start for Bitcoin too as the coin noted a sudden surge on 3 January, pushing its price above $7,200. According to recent research by Arcane, it was found that the market sentiment had stabilized. The Fear and Greed Index was found to be holding stable over...Read More
The cryptocurrency market is often discredited for its shorter period of existence. When compared to traditional markets, Bitcoin’s market has had only 10 years of active trading, which is why people tend to constantly overlook its sustainability in the longer run. This popular opinion was recently called into question after Sean Nance, a Bitcoin trader,...Read More
2019 has been crucial to the emergence of the crypto-derivatives market. Many industry experts believe that this sector would soon replicate “positive figures exhibited by the traditional market” as crypto-derivatives become more and more popular with institutional traders and investors continue to jump into the bandwagon. For a long time, the derivatives space was dominated...Read More
Tensions between the United States and Iran have been cited for bitcoin’s rapid advance Friday, but a closer look at the evidence reveals another factor in play. | Image: shutterstock.com The bitcoin price surged $538 (+7.8%) on Coinbase overnight and into the morning, pulling back at noon Friday morning. Commentators were quick to link the...Read More
Yesterday I recapped the last decade in crypto. Today, let’s look ahead to the future and what I think will happen in the 2020s. Of course, no one can predict the future with much accuracy, but one way to predict it more accurately is to invent it! In short, I think over the next decade...Read More
Bitcoin began its year on a negative note. Its price fell below $7,200 on the second day of the year. The much-awaited Santa Claus rally didn’t materialize for the world’s largest cryptocurrency as the optimism fueled by the holiday spirit did not really catch up with the coin’s price. However, soon, the price did rebound....Read More
