The cryptocurrency world is full of ‘ifs.’ For instance, if you would’ve bought Bitcoin 10 years ago, you would’ve been a millionaire now. The problem with statements like these is that they are based on probabilities, which, let’s be real, never come true. While you were certainly not thinking about an obscure internet currency in...Read More
The French multinational giant will be integrating Blockchain and Big Data technologies for the company’s digital transformation. The defense and aeronautics enterprise will also use novice technology to comply with NATO standards. A Step Towards Digital Transformation As per a recent report, Thales will be integrating Big Data and blockchain in a new management system, which...Read More
The altcoin market has rallied on the tailcoat of Bitcoin’s price gains during the course of the past few days. At press time Bitcoin is being traded at $15,435 with a 24-hour trading volume of $21.8 billion. Source: CoinStats Altcoins like Chainlink, Ontology, and Ethereum Classic surged by up to 31 percent in the past...Read More
The interest and development of the crypto mining businesses have taken off in the past couple of years. While mining is a major functionality for assets such as Bitcoin, Ethereum, etc, it is often difficult to set up your own mining unit. Hence, mining firms have become popular amongst interested investors but making profits out...Read More
Bitcoin has new blood. With the cryptocurrency reaching a high not seen since December 2017, following which it endured a 15-month long bear market, new and unfamiliar investors are entering the Bitcoin markets. For starters, these newbies are rushing in to buy Bitcoin, creating fresh demand. This demand has to be catered to by Bitcoin’s...Read More
The Crypto Fear and Greed Index stood at 88, after yesterday’s 90. For context, this index showed 83 and 79 on consecutive days and dropped to 40 in September when BTC dropped from near $12,000 to $9700. Ethereum was strongly bullish both technically and fundamentally and could post further gains after a minor pullback. Monero...Read More
A recent report examining the number of successful hacks on blockchain networks, exchanges, and even wallets concluded that attackers had stolen more than $13 billion in the past eight years. The paper noted that the EOS network had experienced the most breaches, while the malicious actors have taken the most funds from wallets. 330 Blockchain...Read More
According to a recent report by LongHash, public companies in the U.S. now own $10 billion worth of Bitcoin – something that can be accredited to increased investment as well the cryptocurrency’s rise in price over the month of October. While the general consensus regarding more institutions getting interested in Bitcoin is fairly positive, the...Read More
After increased volatility that took Bitcoin to $16,000 and $15,200, the cryptocurrency has calmed and trades around $15,500. The altcoins have surged in the past 24 hours as Ethereum is above $450, while Ripple is north of $0.26. Most impressively, Yearn Finance’s YFI token increased by around 100%. Bitcoin Calms After Record Days The primary...Read More
Ethereum formed a local bottom at $375. Bitcoin was rising past $14,000 alongside Bitcoin Dominance, triggering fear that altcoins would continue to bleed. But news of ETH 2.0 saw the crypto-asset surge to $460 and dragged the rest of the market alongside. Polkadot and Tron surged past levels of resistance as bulls flooded into their...Read More
The current market can be described as volatile and a race to join the bullish market for many altcoins. The altcoin market appeared to be largely unaffected by the massive rally in the Bitcoin market. At press time Bitcoin was being traded at $15,503 with a 24-hour trading volume of $35.4 billion. Source: CoinStats Most...Read More
The rally is on and the crypto community awaits most altcoins to join the rally with Bitcoin. Currently, most alts have been lagging and witnessing bearish sentiment. However, given the correlation with the largest asset, the alt season may not be far away. Some alts have already started to realign themselves for a bullish turn...Read More
A case of better late than never, the altcoin market is finally rallying behind Bitcoin, and Litecoin is following suit. With Bitcoin consolidating above $15,000 for the first time in 2020, LTC was trying to find its feet in the market. While uncertainty might plague its immediate trend, in the long-term Litecoin might re-test its...Read More
This week was wild for Bitcoin. Starting at around $13,500, the cryptocurrency went on to shatter the high set back in 2019 and surge to as much as $16,000 just today. It’s interesting to note that this happens despite the fact that retail investors are yet nowhere to be found, according to data. It appears...Read More
As Bitcoin hit 2020’s ATH at nearly $15800, open interest on top derivatives exchanges like CME and Bakkt went up. On CME, where top institutions trade, the open interest increased by 16% to $933 Million. CME futures open interest and volume || Source: Skew Based on data from Skew, open interest has climbed up, however,...Read More
Bitcoin Cash has been preparing for a hard fork which may result in the formation of a new token. However, unlike Bitcoin, the BCH market had been moving downwards. This was something visible across most alts, as BTC value grew stronger, the same was not mirrored by the alts, as most of them remained under...Read More
2020 has been a key year for Bitcoin. There have been key moments of highs and lows but the current market suggests that the digital asset might be saving its best period for the penultimate months. The price speaks for itself. BTC is valued above $15,000 as we speak, taking over major price range one...Read More
The altcoins have received a new lease on life, as the price of Bitcoin has surpassed $15k. This price has not been seen after the bull run observed in 2017/18, and as the largest asset tests new resistances, the altcoin market has also been marching. XRP Source: XRP/USD on TradingView The above one hour chart...Read More
Bitcoin has been surging in the past few weeks to consecutive yearly highs. Speculations emerged within the community if or when BTC will even surpass its 2017 ATH of nearly $20,000. At the same time, though, most alternative coins seemed to be dragging behind their leader. Bitcoin’s dominance highlights this – a metric that surged...Read More
Five months into the third halving and Bitcoin’s price has rallied 75%. Most of this can be attributed to the race to over $15000 in the past 24 hours. There was a 6.47% daily gain and this could possibly be termed parabolic. Hitting a high of $15000 did not even surprise most seasoned traders as...Read More
Tyler Winklevoss, the co-founder of the US-based cryptocurrency exchange Gemini, believes that the US stimulus packages are a “code for buy Bitcoin.” The former business partner of Facebook founder Mark Zuckerberg commented on a speech by the US Federal Reserve Chair Jerome Powell. Cameron and Tyler Winklevoss. Image Source: CNN In it, Powell said that...Read More
After cryptocurrencies became globally popular following Bitcoin’s massive bull run in 2017, various businesses have emerged from that industry in order to make capital. While most ventures have been towards developing or launching a crypto exchange, many have taken the path of crypto mining. Mining is an essential function for certain cryptocurrency such as Bitcoin...Read More
Bitcoin has enjoyed the past several weeks with impressive price increases registering fresh yearly highs. As its price touched $16,000 hours ago, the community has become overly optimistic, according to a popular metric called the Fear & Greed index. However, history shows that similar scenarios could lead to steep price drops. Extreme Greed Takes Over...Read More
Ripple’s Q3 market report revealed that XRP’s average daily volume reported in Q3 was $403.58 million, a considerable increase from $196.28 million in Q2. Source: Q3 2020 XRP Markets Report This volume was inclusive of Line of Credit, a new beta service on RippleNet that allows customers using On-Demand Liquidity (ODL) to source capital on-demand. Regarding Ripple’s...Read More
The increasing value of Bitcoin [BTC] has given a nudge to many traders snoozing during the low volatility period. The coin’s current trading value of over $15K has enabled significant profits for BTC investors. As the cryptocurrency market retraced the 2017/18 journey, the P2P volumes appeared 66% lower than the peak noted during the previous...Read More
Twitter founder Jack Dorsey’s payments firm Square is riding the Bitcoin wave like there’s no tomorrow. The company’s Q3 investors’ letter has just come out. And if numbers are anything to go by, Square has registered a humongous $1.3 billion revenue in the third quarter through Bitcoin sales. This comes amid the company clocking a...Read More
Bitcoin Cash is leading in the monthly returns category with a 5.99% surge, following it is FTX’s FTT with a -5.16% while ONT has suffered a lot with 34.54% drop since October 1. Let’s take a look at how these coins might perform in November. Bitcoin Cash [BCH] Source: BCHUSD TradingView The 4-hour chart showed...Read More
The decentralized finance [DeFi] space has managed to carve out its position in the crypto sphere. For the better part of the year, when the crypto market had remained restrained under heavy sell pressure and other global economic turnarounds, the DeFi projects acquired great interest and led to a DeFi hype. During this period Ethereum...Read More
The United States Department of Justice confiscated around $1 billion worth of bitcoins on Tuesday. Today it is suing for forfeiture of the BTC that federal personnel seized. The coins allegedly belong to the now-defunct darknet marketplace Silk Road. US DOJ Wants The Forfeiture Of Bitcoin Worth $1 Billion As per Bloomberg’s latest report, the...Read More
Bitcoin SV registered a local bottom at $144 on 3rd November but since then the asset has rallied back above $150. Just like the rest of the altcoin market, BSV is struggling to rally behind Bitcoin but on the short-term chart, it may indicate a bullish move over the next few hours. At the moment,...Read More
