The year’s last quarter was perhaps the most anticipated quarter since Q3 of 2016. Any guesses why? Well, if your guess was the block halving, then you guessed right. On 12 May, Bitcoin noted its third block halving, with its supply cut in half, down from 12.5 Bitcoin per block to 6.25 Bitcoin per block....Read More
Altcoins, without any organic developments of their own, often find it very hard to move away from the influence Bitcoin’s price has on their own fortunes. While some like Cardano off-late have done so with a slew of major announcements, others haven’t been so lucky, with the likes of Ethereum, EOS, and DASH still far...Read More
Disclaimer: The findings of the following analysis attempt to foresee Bitcoin Cash’s price movements until the last week of July Bitcoin Cash’s recent price action hasn’t been able to replicate the strong bullish sentiment that was so common in the early weeks of 2020. While BCH has managed to go past its Black Thursday price...Read More
What would Vitalik Biterin do differently? With Ethereum 2.0 and the phased transition to Proof of Stake looming, many in the community are hyped for what they expect will be critical to the future of Ethereum. However, ETH 2.0 will follow months of project delays, something that was acknowledged by Ethereum Co-founder Vitalik Buterin on...Read More
For the most part, Bitcoin has struggled to go past its psychological resistance at $10,000 in the year 2020. Just like traditional financial markets, crypto-markets also took a significant blow as soon as the scale of the COVID-19 pandemic came to the fore. However, with half of 2020 now gone, Bitcoin’s fortunes may not necessarily...Read More
Most of the cryptocurrency market’s altcoins often follow Bitcoin, the world’s largest cryptocurrency by market cap, owing to the market share it holds. This means that as is often the case, when BTC rises, so do alts, and vice versa. The past few days have seen similar behaviour from the market’s altcoins. However, one alt,...Read More
With every passing day, the prospect of cashless transactions is becoming more and more enticing, especially since the pandemic is making cash vulnerable. Many traditional banks have been taking steps towards managing day-to-day activities online, with an eye on making the user experience more convenient and comfortable. One of the technologies attempting to streamline the...Read More
With Bitcoin’s price expectations, there are usually three camps. Well, there’s actually just two, but the third one doesn’t count, because it is filled with level-headed people. There’s one camp, consisting of the John McAfee type or the Peter Schiff type claiming, ‘Bitcoin will inevitably crash and burn.’ While this form of categorization is useful...Read More
Owing to Bitcoin’s dominance in the cryptocurrency market, both with respect to market cap and volume, many altcoins’ prices are defined by BTC’s fortunes. When Bitcoin falls, so do they, and when Bitcoin rises, they follow its lead. And while that may be changing over the past few weeks and months, BTC still dictates the...Read More
The Bitcoin derivatives market was supposed to have its day in the sun last Friday, on the 26 of June 2020. Even with over 115,000 Bitcoin Options contracts expiring, the price has not budged. The largest cryptocurrency by market capitalization is still stuck in the same range between $9,000 to $10,000, unshaken for two months. ...Read More
Disclaimer: The findings of the following analysis attempt to foresee BSV’s movements up to the last week of July Over the past two months, Bitcoin SV has been struggling to touch the price range it was trading within in early-2020. Unfortunately, Bitcoin SV’s price trends didn’t seem any likely to note a reversal either, at...Read More
Disclaimer: The findings of the following analysis look into Ethereum’s bearish breakout and the recovery effort that followed. The emerging trend, at the time of writing, was bullish in nature since it seemed that the cryptocurrency’s support levels were holding up on the charts The Bitcoin market noted a sudden depreciation in its price on...Read More
The cryptocurrency market has been looking on cautiously as it awaits the launch of a central bank digital currency [CBDC], unsure of what its impact may be on a country. Over the past few months, many countries have taken a step towards understanding, regulating, and launching their own CBDCs, with Japan being one of them....Read More
The world of finance was shaken on March 12 when the markets started to realize the impact of COVID-19. Before the Black Swan event that engulfed most profits in the market, the cryptocurrency market had been rallying. Bitcoin, the largest digital asset that shares a strong correlation with most cryptocurrencies in the market. When the...Read More
E-wallet.io offers a new vision of cryptocurrency wallets. Now you can not only hold money but also earn money on holding coins in E-wallet.io. The problem of many cryptocurrency wallets is that people are not interested in storing their funds in them, because they do not receive any reward for storing their money. Even when...Read More
Will ‘Project Catalyst’ catalyze Cardano? The 2020 edition of the Cardano Virtual Summit was expected by many to have in store many major announcements for the ecosystem. And it didn’t disappoint. Among a slew of other announcements, perhaps the most crucial one was the launch of Project Catalyst, “an experimental fund and toolset designed ultimately...Read More
Despite reports suggesting that many of the market’s altcoins may be decoupling from Bitcoin, the valuations of these alts, by and large, remain dependent on the fortunes of BTC, the world’s largest cryptocurrency. This can be established by the fact that much of the market is still to recover from the cryptocurrency’s fall on the...Read More
One of the most popular Bitcoin projects that haven’t attained completed fruition in terms of development and implementation is its Lightning Network. Launched back in 2018 in order to improve the scalability issue of Bitcoin transactions, the LN has often been criticized with regard to its functionality and structural security. Although, originally the design of...Read More
When compared to April and May, June can be considered to be a disappointing month for Bitcoin. A Price depreciation of over 13 percent summed up Bitcoin‘s turbulent Q2. Initially, after the halving in May, many users had expected Bitcoin to register a correction of close to 30 percent from its peak at $10,000, but...Read More
The past few months have seen uncertainty rise to newer levels, with a raging pandemic crippling financial markets across the globe. For many commentators, situations like these are ideal for Bitcoin to showcase its safe-haven qualities. With the federal government on a fiat printing spree, while introducing quantitative easing measures to revitalize the economy, the...Read More
Disclaimer: The following analysis traces Tezos’s [XTZ] price movements that led to the price breakout, while also identifying its important support points The fate of most cryptocurrencies is intertwined with that of Bitcoin [BTC], the world’s premier cryptocurrency, due to its high correlation with the market’s altcoins. However, with Bitcoin’s market consolidating over the past...Read More
Among XRP, Cosmos, and Dogecoin, the meme coin [Dogecoin] seemed to note the best YTD performance, at press time. Odd, isn’t it? The coin was up 14.61%, while Cosmos was down 8% and XRP by a whopping 38%. The takeaway from this is that even though altcoins are all correlated, this difference is what makes...Read More
For users who value financial privacy, cryptocurrencies have always been extremely relevant alternatives. Cryptocurrencies like Bitcoin have their origin story deep-rooted in this core ideal, clubbed with a general mistrust of institutions that wield a lot of power. Thus, the decentralized and trustless system on which all other cryptos are based on was born. Privacy...Read More
Disclaimer: The findings of the following analysis should materialize over the next 24-48 hours After dropping down to $8,933 on 27 June, Bitcoin has registered a minor recovery on the charts, with the cryptocurrency climbing back over $9100. At press time, it was priced at $9,180. In fact, June, again, has easily been the most...Read More
Ripple has been bridging gaps between countries with heavy remittance volumes for a while now, one partner at a time. Now, in light of the delicate condition of small and medium enterprises owing to a raging pandemic, Ripple has partnered with Currencycloud, a B2B cross-border payment platform to help these businesses. The London-based company is...Read More
As Bitcoin’s price continued to struggle below the coveted $10k mark, the altcoin market was also one to endure significant losses and bearishness. Over the past week, popular altcoins like Bitcoin SV, Monero, and Basic Attention Token have seen their prices drop by up to 17 percent on the charts. Bitcoin SV [BSV] Source: BSV/USD,...Read More
Privacy? What privacy? While most users of Bitcoin and other cryptocurrencies value their financial privacy, not all of them understand the true nature of Bitcoin. Bitcoin does not guarantee anonymity, but only pseudonymity. This was perhaps the misconception held by a convict who recently lost his appeal before a court in the United States. The...Read More
Many of the market’s altcoins have been noting steady and marked growth on the charts over the past few days. However, such a price appreciation, unusually, was not led by Bitcoin, with the king coin moving sideways lately while facing a lot of bearish pressure. Cardano [ADA] Source: ADA/USD on TradingView The sharpest performer among...Read More
2020 was hyped up to be a monumental year for the world’s largest cryptocurrency – Bitcoin, primarily because of its third block reward halving. However, the doom and gloom of 2020 seem to have had a serious impact on Bitcoin, and by extension, the larger crypto-market. Uncertainty in the crypto-market and lockdowns due to the...Read More
Disclaimer: The findings of the following analysis attempt to foresee how the price will unfold over the course of a few days to weeks. Chainlink’s journey has been nothing short of amazing. From a price point of $0.19 per token, the coin has managed to hit $4 in less than 3 years. In fact, at...Read More
