Bitcoin Profits From Chaos
It’s no secret that Bitcoin (BTC) is susceptible to ad hominem attacks from those who want to see it fail. Case in point, over the asset’s history — relatively minuscule in the grand scheme of things — has been lambasted time and time again by mainstream media, traditionalistic CEOs and regulators, and zealous cynics. And […]
South Korea Reveals Plan to Tax ICOs and Cryptocurrencies
The Finance Ministry of the South Korean government announced a plan to tax initial coin offerings and digital currencies in accordance with the creation of the taxation infrastructure and international trends. South Korea Closer to Legalize and Tax Crypto Fundraisers as New Government Takes Over Hong Nam-ki, Minister of Economy and Finance and Deputy Prime […]
Gold Backed Crypto Exchange Offers Safe Haven for Crypto Investors
GOLD.IO Seeks to Develop Decentralised & Self-Regulating Community Exchange. Turbulence in the global markets is nothing new but the cryptocurrency community has faced an unprecedented 18-month period of flux. The need for a fully decentralised, stable, self-regulated and community-led exchange that can offer investor confidence amidst a chaotic global economy has never been stronger. Setting the Gold […]
Bitcoin Breaks Above $4,000 Amidst Widespread Crypto Surge
The cryptocurrency markets have been able to maintain their upwards momentum and Bitcoin has now broken above its resistance level that was previously set around $3,900. Bitcoin’s upwards move has sent the overall markets surging. Although Bitcoin is showing signs of increasing buying pressure, many altcoins have not yet been able to break above their resistance […]
Prominent Analyst Claims Bitcoin Could be Very Close to Long-Term Bottom
Following yesterday’s market surge most cryptocurrencies have continued to rise, and Bitcoin has now surged above $4,000. Whether or not the markets can extend their upwards momentum long-term is very important for reversing the persisting bear market. The past few months have been especially tumultuous for the markets with most cryptocurrencies setting fresh 2018 lows. […]
What Can We Learn From Bitcoin’s Birthday Bank Run?
As most of you will probably know, yesterday marked the 10th anniversary of the mining of Bitcoin’s genesis block. Many Bitcoin proponents mark this as the birthday of the digital asset itself. To celebrate the occasion, long-time Bitcoin advocate and successful investor Trace Mayer proposed that the community start an annual tradition of a crypto […]
Crypto Markets Drop Slightly, Further Losses May Be Needed to Spark Rally
The crypto markets have extended yesterday’s losses into today, with most major cryptocurrencies trading down slightly at the time of writing. Bitcoin and Ethereum have both established levels of resistance over the past few days and are continuing to respect those levels. Although the markets are expressing some levels of stability around their current price levels, […]
Prominent Analyst: Bitcoin Will Bottom Between $1,800 and $2,400
To ring in the new year, Tone Vays, a former institutional investor turned Bitcoin (BTC) diehard, brought on Princeton graduate Murad Mahmudov, a leading cryptocurrency analyst and economist, to discuss the current state of this nascent market. As the debate/friendly discussion was over 130 minutes long, there was a mass of intriguing information contained in this episode […]
Big Predictions for 2019: Bitcoin Heading for New All Time High
Price predictions for Bitcoin and cryptocurrencies can always be met with some degree of skepticism. A market correction was expected last year but very few predicted that Bitcoin would lose over 80% in 2018. Weiss Ratings has just released their predictions for the coming year and they are extremely bullish. Starting out with the fact […]
Bitcoin Bulls Ready to Run, Why Crypto is About to Take Off Again
Over the past 12 months Bitcoin has continued to fall, dragging the entire crypto market down with it. The daddy of all digital currencies hit a 16 month low in mid-December when it fell below $3,200. Things could be on the verge of a reversal soon though according to analysts. Turning The Tide On The […]
Crypto Markets Rise After Period of Stability, Ethereum Leads Market Surge
Following a several day period of relative stability in the cryptocurrency markets, Bitcoin has now risen nearly 4%, which is leading the overall crypto markets to surge. Today’s positive price move is being led by Ethereum, which is currently trading up well over 10%. Today’s move marks the first market surge of 2019, although Bitcoin […]
Tron Price Analysis: TRX Print Higher, ERC-20 Tokens Now “Artifacts”?
By destroying an additional 182 million TRX ERC-201 tokens, Justin Sun is confirming his distaste of ERC-20 tokens. Back in November 2018 when he announced on Twitter that the platform has burnt $800 million worth of ERC-20 tokens, he let the whole know of his sentiment although Ethereum was where Tron steadied before launching their […]
Bitcoin Price Analysis: BTC Stall at $4,000, Arthur Hayes Bullish
At spot prices, Bitcoin may be facing resistance with some investors taking this reprieve to shed off their crypto holding after a year of steep declines. However, in the midst of this recovery, Mike Novogratz, the investor behind Galaxy Digital Holdings—a fund that ultimately plans to become a crypto friendly bank, is looking at the […]
Contrary to Reports, Crypto Sector is Not Dead: Here’s Why
Bitcoin is dead; Blockchain is wasted; Crypto is gone–this is something the world has been told over and over again. The first ever article that predicted a bitcoin death was published in 2010 by Tim Harford, an economist. At that time, bitcoin was trading at $0.23. The following year, after bitcoin surged to $7.80, Gizmodo […]
Bitcoin Conforms to Mainstream Markets, Strong Correlation with Gold
A recent report in the Wall Street Journal details how Bitcoin is becoming an increasingly mainstream asset and is starting to develop strong correlations with traditional assets, including Gold. The report cites the increase in institutional funding, increasing venture capitalist (VC) investments, and growing mainstream adoption as possible factors behind its increasing correlation with traditional markets. Despite […]
Bitcoin Acceptance: The Changing Face of Mainstream Media Coverage
In the decade of its existence, Bitcoin has been portrayed in the mainstream media in a number of radically different lights. In its earliest days, of course, it had no media presence whatsoever. As more people became interested in the potentially revolutionary properties of the financial technology, however, Bitcoin hit the news as a law […]
Bitcoin Wallet Comprise: Electrum Wallet Breach Costs Users Over $750,000
According to emerging reports, the popular Bitcoin wallet software Electrum has been attacked costing those affected over $750,000 worth of Bitcoin. The security breach involved hackers tricking the wallet into urging users to make a critical update. Those affected were then redirected to an unauthorised GitHub repository where an unofficial update was made to the […]
Bitcoin Could Fall Under $3,000, But It Remains Non-Correlated
As traditional equities have plummeted in value, especially Nasdaq-based technology stocks, interestingly, so has the Bitcoin (BTC) market. This seeming correlation was most recently exemplified by crypto’s tumble on Christmas Eve, as BTC fell from $4,200 to $3,800 as industry commentators were claiming that a “Santa Claus rally” was nigh. Other digital assets followed, with […]
