Is Monero XMR Really The ‘Sleeping Giant’ Of Cryptocurrency

Is Monero XMR Really The ‘Sleeping Giant’ Of Cryptocurrency

Monero Outreach, a branch of the Monero community had published an article on their website monerooutreach.org, last month which discusses why they believe Monero XMR is the sleeping giant of cryptocurrency and that one day, even Bitcoin will sit in the shadow of XMR. This week, the article started getting traction within the mainstream cryptocurrency […]

US Bills Seeks to Protect Cryptocurrency Investors from Market Manipulation

US Bills Seeks to Protect Cryptocurrency Investors from Market Manipulation

Two US congressmen introduced bipartisan legislation designed to prevent cryptocurrency price manipulation and position the United States as a leader in the crypto industry. Democrat Rep. Darren Soto of Florida and Republican Rep. Ted Budd of North Carolina unveiled the following bills: Virtual Currency Consumer Protection Act. This bill directs the CFTC to explain how […]

Underdog Bitcoin SV Beats Top Coins after Rising 32.5% in 48 Hours

Underdog Bitcoin SV Beats Top Coins after Rising 32.5% in 48 Hours

Bitcoin SV on Friday totaled its bullish rally to 32.5 percent while the rest of the crypto market remained red. The highest intraday BSV/USD rate on BitFinex today was noted at 114-fiat. At the same time, Bitcoin SV’s ideological rival Bitcoin Cash continued its crash cycle after dropping another 15% on its real-time 24-hour timeline. […]

Volatile Much? Here Are the Top 4 Reasons Crypto Went Wild in November

Volatile Much? Here Are the Top 4 Reasons Crypto Went Wild in November

Until the start of November, crypto volatility was trending down. Then, several major events happened and the whole cryptosphere went off the charts. But why? According to the Crypto Volatility report released today by SFOX, cryptoassets showed more volatility than the S&P 500 and gold during November, and there are four key factors that contributed to the […]

Ethereum (ETH) Risks A Retest Of Yearly Lows Amid Rising Bearish Momentum

Ethereum (ETH) Risks A Retest Of Yearly Lows Amid Rising Bearish Momentum

Ethereum (ETH) is at a risk of retesting its previous yearly lows as the price action looks extremely weak. The bears are too confident whereas the bulls are completely demoralized when they should be pushing for a trend reversal after an extended correction. The RSI for ETH/USD seems to have formed a rudimentary version of a bullish […]

Bitcoin Bull Mike Novogratz’s Trading Desk Loses $41M Last Quarter

Bitcoin Bull Mike Novogratz’s Trading Desk Loses $41M Last Quarter

Bloomberg has revealed that Mike Novogratz’s cryptocurrency trading desk lost $41M in the third quarter of 2018. After Bitcoin dropped below $5k for the first time this year, retail traders and institutions alike are feeling the pain from the enormous downward moves. Bloomberg reported the fair value of Galaxy’s digital assets currently stands at $91M. Considering the net cost of […]