Bitcoin’s most famous hashforks surged on Saturday as altcoins rallied. | Image: shutterstock.com While BTC recorded modest 5% gains, its was the OG’s many offshoots which benefitted most from the weekend’s pump. Bitcoin SV (BSV) led the pack with a 38% surge leading into Saturday. Even Bitcoin Diamond (BCD) emerged from obscurity to rake in...Read More
Ethereum’s long-term fundamentals are intact, but short-term price action is expected to bring pain, analyst claims. | Image: shutterstock.com Ethereum may be due for one last leg down. Despite ether’s bearish price action in 2019, it has made significant progress. The cryptocurrency’s growing fundamentals will likely eventually catalyze a new bull market. Just like bitcoin,...Read More
Bitcoin isn’t high among the list of addresses who own over 1% of a crypto asset. | Source: Shutterstock.com Bitcoin is more fairly distributed than altcoins. Cardano may be dangerously centralized. Whales are still a significant issue for BTC. When contemplating crypto whales, the knee jerk reaction is to automatically think, “lotsa bitcoin;” However, according...Read More
2020 is shaping up to be a solid year for bitcoin – and less so for altcoins – according to Bloomberg. | Image: shutterstock.com Bitcoin equals digital gold, according to Bloomberg report. Altcoins set to suffer in 2020. The futures market will aid mass adoption. Bitcoin is going to boom this year. That’s the verdict,...Read More
The conflict between the United States and Iran showcased bitcoin’s emerging safe-haven appeal. | Image: shutterstock.com Bitcoin’s use-case has evolved over time. Recently, the top cryptocurrency has been surging under the safe haven narrative. While both gold and bitcoin moved higher due to geopolitical risk, the cryptocurrency has significantly outperformed the precious metal. Bitcoin’s primary...Read More
Analysts claim bitcoin is poised to make a run toward $9,000 after putting an end to the pullback. | Source: Shutterstock.com The deescalation of the situation in Iran may have triggered a round of profit taking in bitcoin. Multiple analysts remain bullish on the top cryptocurrency predicting that it won’t go any lower than $7,800....Read More
Legendary trader Peter Brandt recently presented two scenarios for bitcoin: One bullish and one bearish. The bullish scenario seems to be playing out. | Image: shutterstock.com Peter Brandt laid out two scenarios for bitcoin last month. The recent price action of bitcoin suggests that Brandt’s immediate bull scenario is playing out. Brandt teases his followers...Read More
Fresh tensions between the United States and Iran has contributed to bitcoin’s sharp acceleration over the past week. The same forces could send BTC to new all-time highs. | Image: shutterstock.com Bitcoin is possibly becoming a safe haven asset. The top cryptocurrency is rising in tandem with gold as tensions in the Middle East grow....Read More
That’s a tidy $1.5 million added in just a month to a $5 million ethereum pot. | Source: Shutterstock.com Bulk of the remaining Ethereum used to buy HEX has been emptied from original address. Creator Richard Heart refuses to acknowledge any involvement with the ETH in question. Surprisingly, the ETH now sits in 36 different...Read More
Is bitcoin eyeing a major breakout? Price action suggests another leg higher could be forming. | Image: shutterstock.com Bitcoin tops $8,100 for the first time in over a month. The rally may signal a trend reversal underway for the largest cryptocurrency. Bitcoin’s Fear & Greed Index shows market conditions are improving at the start of...Read More
When it comes to bitcoin, Peter Schiff’s tweets are aging very badly. | Image: AP Photo/Mark Lennihan Peter Schiff is once again targeting the number one cryptocurrency. His tweets are looking ridiculous as they are no longer based on sound logic. Some bitcoin traders are using Schiff’s tweets to time a possible bitcoin rally. Peter...Read More
Ripple’s breakout on Monday could be a sign of things to come, analysts say. | Image: shutterstock.com Ripple paints the largest volume in months. The pump is giving analysts a reason to be cautiously optimistic on XRP. Some traders expect Ripple to set the tone for other top coins. To say that Ripple (XRP/USD) had...Read More
The XRP price climbed 14%, making it the second-highest gainer in the market cap top hundred. The unexpected surge coincided with a healthy yearly report, and the news that Ripple investment Moneygram achieved record transaction growth. XRP coin price returns to early December levels. Editor’s note (01/08/2020): The article has been updated for clarity. The...Read More
John McAfee has always been the clown of crypto. His latest tweet about Bitcoin just proves it. | Source: John McAfee/YouTube John McAfee disowned his infamous $1 million Bitcoin price prediction. But past history suggests his latest remark is just an attempt to gain attention. McAfee is also wrong that Bitcoin is “ancient” technology. John...Read More
The never-ending war between bitcoin and bitcoin cash has a major venue in Reddit. | Image: shutterstock.com Microtask workers were employed to pump the visibility of a post made to the r/btc subreddit, screenshots reveal. Propaganda battle continues between two deeply oppositional groups in the cryptocurrency space. Bitcoin’s scaling debate continues to make itself felt....Read More
Some of Crypto Twitter’s most widely-followed analysts believe bitcoin’s price has already bottomed. | Image: shutterstock.com Bitcoin corrected by over 50% from the 2019 high of $13,880. With the retracement in the last six months, some analysts believe that the bottom is in. The number one crypto is flashing accumulation signals convincing popular traders that...Read More
John McAfee won’t be eating his d**k and you’re stupid for believing him in the first place, says John McAfee. | Source: REUTERS/Alexandre Meneghini/File Photo Political hopeful John McAfee poo-poos penis party promise. Says his ruse onboarded more users to the cryptocurrency space. Claims to have sired over 100 children. John McAfee reneged on his...Read More
More funny business surrounding the HEX token. Should we really be surprised? | Source: Jaiz Anuar/Shutterstock.com The HEX purchase address used 50 ETH to buy more tokens. The tokens were then sent to an exchange to provide liquidity for HEX traders. HEX continues to benefit its founder, to the severe detriment of its investors. Ethereum...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
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
The sudden escalation in US-Iranian hostilities sent a shockwave through global markets. | Source: AP Photo / Vahid Salemi Trump sent a shockwave through financial markets when he ordered an airstrike that killed Qassem Soleimani. Stocks, gold, and oil all fluctuated wildly as US-Iranian hostilities flared. Here’s how the prices of major assets responded. When...Read More
Investors are celebrating Monero’s privacy features after a Europol analyst confirmed that transactions avoid detection. | Credit: AlekseyIvanov/Shutterstock.com Whether people admit it or not, the privacy feature is one of the biggest draws to cryptocurrencies. If there was ever any doubt, those have been erased by Monero’s (XMR) rally in recent days. In the early days...Read More
Venezuelan President Nicolas Maduro heralds the arrival of the Petro cryptocurrency, which can now be used to buy the nation’s vast oil reserves. | Image: REUTERS/Carlos Garcia Rawlins/File Photo 2020 could be the year Venezuelan oil will be finally exchanged for the Petro crypto. The national cryptocurrency is yet to find a use outside its...Read More
The saga of cryptocurrencies began in January of 2009. This is when Bitcoin, the first-ever cryptocurrency, was introduced. The allure of cryptocurrency is that it is a creative and imaginative solution to a very real problem with fiat currencies across the world. Governments issued fiat currencies are subject to the printing press to pay astronomical...Read More
Bitcoin slipped back below $7,000 on Thursday amid thinner than usual trading volumes. | Image: shutterstock.com Bitcoin price tumbles 4% to $6,900 on Thursday, the lowest since mid-December. Bitcoin is slowly bleeding while traditional assets like stocks and commodities continue to rise. Bitcoin trade volumes plummet at the start of 2020 as market participants remain...Read More
It’s only a day into 2020 and an economist has labelled bitcoin a ‘pyramid scheme’.| Source: Shutterstock.com Chief Economist for Lending Tree labels Bitcoin a ‘pyramid scheme’ – and he might just be right. Look closely at cryptocurrency and realize it probably isn’t the savior it’s been erroneously sold as. Cryptocurrency holders share much in...Read More
Despite calls for its imminent demise, bitcoin has printed higher lows almost every year since it was born. Here are four reasons why the leading cryptocurrency is just getting started. | Image: shutterstock.com Bitcoin delivered investors the highest return on investment (ROI) of any security in any asset class in the 2010s. Jack Dorsey’s Square...Read More
2019 was a year full of surprises and expectations for blockchain and crypto projects. New partnerships have been established, new cryptocurrency products launched, and Bitcoin and Ethereum managed to make it out alive of the bear market, as well as many blockchain developments were made. Today, we shall explore some of the cryptocurrency predictions for...Read More
Craig Wright talks to CCN about the latest developments in the cryptocurrency industry. | Image: YouTube/University of Exter Purported bitcoin creator Craig Wright takes aim at YouTubers, HEX’s Richard Heart and crypto pumpers. Self-proclaimed Satoshi Nakamoto paints a very different picture of bitcoin’s future than is found in crypto circles. Says miners will eventually be...Read More
With Tron’s circulating supply set to explode, some traders fear an imminent price drop. | Image: shutterstock.com TRON founder hints at upcoming acquisition, which stands to benefit BitTorrent Token and TRX holders. But TRX holders express skepticism towards Sun’s optimistic claims. Now, the community fears the worst for the 33 billion TRX which is due...Read More
