XRP was forming a bullish triangle and could breakout to the upside but there was a notable lack of buying volume in recent days. Tron attempted to break out but bears stood firm, and at press time the bears were in control of the market. BAT was forming a series of lower highs as it...Read More
Economist Nouriel Roubini has criticized online payments giant PayPal Holdings Inc for allowing its customers to buy, sell and hold BTC and other altcoins, from next year onwards. In a tweet published on Monday Roubini shared an article titled how PayPal has brought “crypto gambling,” to customers in the U.S. – which is “bad” for...Read More
Disclaimer: The findings of the following article are the sole opinion of the writer and should not be taken as investment advice Ethereum has been the most-relied upon smart contracts platform since ‘smart contracts’ became a thing. Despite ICOs raising billions and many projects promising the world, none of them have come close to competing with...Read More
Following Bitcoin’s price rally, all eyes are now on Ethereum. The altcoin is only second to Bitcoin in its market capitalization and it has been in the spotlight for a long time this year owing to developments around ETH 2.0. The latest edition of the Bad Crypto Podcast discussed the “Building of a Better Ethereum”...Read More
Toyota Systems, a wholly-owned IT subsidiary of Toyota Motor Corporation announced today that it is experimenting with a digital currency solution as part of a new pilot project with DeCurret, a Japanese cryptocurrency exchange. This new project involves automating payments with its private digital currency to its 2,500 staff at Toyota Systems. The payments made...Read More
Bitcoin Cash, while it shared some of the positive sentiment around Bitcoin, could be set to retest a support level, before moving north on the charts once more. Further down the crypto-ladder, IOTA formed a bullish pattern, but failed to break out upwards and it could be set to register losses over the next days. Finally,...Read More
Disclaimer: The findings of the following article are the sole opinion of the writer and should not be taken as investment advice While Bitcoin rallied above $13,000 once again, at press time, a few other altcoins were also making a dash for their immediate resistance levels. 10th-ranked Bitcoin SV’s price rose by 12.46 percent over the...Read More
CEO of crypto payments firm Ripple, Brad Garlinghouse today said that his firm did not plan on following major crypto exchange Coinbase’s new change of policies that does not allow political distractions at work. Coinbase’s new policy, which received much attention, required its employees to avoid getting distracted by political and social issues, and instead...Read More
With Bitcoin rallying and staying above the $13000-mark for a few days now, on its way towards a new ATH, the trade volume on spot exchanges has dropped dramatically. While the said volume was high when the price breached $13000 for the first time, since then, the figures for the same have dropped consistently. BTC...Read More
Disclaimer: The findings of the following article are the sole opinion of the writer and should not be considered investment advice Tezos has struggled to relive itself from the vice grip of the market’s bears, and bullish periods for the token have been few and far between since the 2nd week of August. With a market...Read More
Ripple partner Terrapay has announced its intention to strengthen its entry in North America with an approved FINTRAC Canada MSB License. This is big news, especially for a sector that is seeing blockchain technology revolutionize itself, especially since as per the World Bank’s data for 2018, the outward remittance value from Canada was as high...Read More
DeFi protocol RAI Finance is in the news after it announced that it raised $1.5 million worth of strategic investment led by global crypto-funds including GBIC and Alphabit. RAI Finance aims to build a DeFi ecosystem with a higher amount of liquidity and a diverse set of financial use cases through an integration with the...Read More
Tron rose above a descending trendline on its charts, but it would need to register further gains before the bulls can wrest control of the market from the bears. Cosmos was retracing its recent gains and appeared to be headed towards the $5-level once more. Finally, Crypto.com Coin could not find significant buyers after registering...Read More
Disclaimer: The findings of the following article are the sole opinion of the writer and should not be taken as investment advice Binance Coin has taken long strides in the industry over the past year, not just as an exchange token, but in many ways. The most recent one was its entry into DeFi, which, since...Read More
Bitcoin’s bullish momentum was not shared by the altcoin market. Stellar Lumens was noting bearish momentum in the short-term and it could touch $0.82 over the next few trading sessions. Algorand retested a level as resistance and could be set to see further losses on the charts. Further down the crypto-ladder, Enjin Coin strengthened its...Read More
A recent survey compiled by Real Vision revealed quite a few interesting observations about the present-day crypto-market. The survey in question, while evaluating market sentiment across different asset classes, found that by and large, there is an extremely bullish sentiment around Bitcoin. In fact, it found that 65% of all market participants believe that Bitcoin...Read More
Bitcoin’s dominance was as high as 61.85, at the time of writing, with the figure remaining resolutely above 60 for a few weeks now. This indicated that the altcoin market was not seeing as much growth as Bitcoin, which was trading at $13,149. EOS registered higher highs over the past couple of weeks, but the...Read More
A few hours ago, reports from users on Harvest Finance’s Discord channel claimed that they had lost 10-15% trying to unstake fusdc, with many in the community soon voicing their concerns about a potential rug pull. In fact, $FARM was down by over 70%, at the time of writing. With over $500 million at risk,...Read More
2020 may be the year of the Bitcoin. With the cryptocurrency’s price staying above $12,700 3 days in a row and above $11,000 for the past two weeks, Bitcoin seems to be rallying again. However, price theories by Bitcoin maximalists have been making the rounds for the past 10 months now. While price trends do...Read More
These are very interesting times we are living in, especially with Bitcoin in the mix. In fact, the cryptocurrency’s price hit $13,300 for the first time in 15 months. And yet, a few details aren’t in line with this surge, and here’s what those are and why they are so. It can be argued that...Read More
The following article tries to determine the quality of life of people who have purchased Bitcoin. However, before going ahead with that, what does one mean by ‘quality of life’ in the present context. Well, as one would imagine, here it simply refers to how Bitcoin HODLers are faring – Are they in trouble? Are...Read More
Bitcoin broke past the $13,000-level over the last few days, before pulling back to $12,937, at press time. This has only furthered the cryptocurrency’s store of value narrative, with Michael Novogratz, CEO of Galaxy Digital, recently claiming that Bitcoin would not be used as a transaction currency five years from now. In fact, a lot...Read More
Disclaimer: The findings of the following article are the sole opinion of the writer and should not be considered investment advice Cardano, the cryptocurrency ranked 10th on the charts, was on quite an upwards trajectory for most of the second and third quarters of 2020. Since July, however, ADA seems to be doing nothing, but correcting...Read More
Bitcoin, the world’s largest cryptocurrency, recently hit a new ATH in 7 countries. Soon, it is likely that other countries will catch up too. In Brazil, Turkey, Argentina, Sudan, Angola, Venezuela, and Zambia, Bitcoin has crossed its previous ATH. However, this development may just be the tip of the iceberg. At least in Turkey’s case,...Read More
Bitcoin’s dominance was recorded to be 61.75, at press time, with the index noting a figure of over 60 for a week now. In fact, Bitcoin was also noting some gains on the charts, having risen above the $13,000-level. Monero shared this bullish sentiment and was also noting gains, while Polkadot exhibited a bearish divergence....Read More
Everyone has their own Bitcoin buying strategy. Some look at simple things like a particular drop in price, others look at a host of wonky indicators, while some prefer to keep it simple and keep stacking sats. Which strategy works out to be the best though? Well, in short, there is no one perfect strategy....Read More
If I told you back in March that six months later, Bitcoin would be trading at over $13,000 while the biggest derivatives exchanges’ executives were indicted by U.S authorities and the biggest crypto-to-crypto exchange suspended withdrawals, you’d have laughed me out of the room. Yet, here we are. OKEx, one of the world’s largest cryptocurrency...Read More
The Crypto Fear and Greed Index noted an extremely greedy figure of 76 for the day, a figure that was higher than the previous day’s 73. XRP was forming a bullish pattern right under a level of resistance, while Augur lacked the momentum to move the asset upwards or downwards on the charts. However, it...Read More
Disclaimer: The findings of the following article are the sole opinion of the writer and should not be considered investment advice Bitcoin looked bullish on the charts, with its price hitting $13,300. The cryptocurrency’s price movement meant that it was only 32% away from the top. It should be noted, however, that in many currencies, the...Read More
While Bitcoin did climb to $13,361 on the charts, it was soon forced to drop down to $13,016 in a matter of minutes. The decoupling of Bitcoin from traditional markets can be seen as a long-term bullish sign for the asset. Further down the crypto-ladder, Litecoin could be set to retrace some of its recent...Read More
