Learn How Trade Crypto
Bitcoin has been dubbed a lot of things by many different people. It’s digital gold; a store of value; a cryptocurrency; it’s rat poison; it’s freedom from inflation; it’s borderless. But at its core, the one thing it aims to become the most, is money. Many argue that Bitcoin has many years to go before it can be […]
Ripple (XRP) is a lot different than most cryptocurrencies for a number of reasons. First of all, it does not use blockchain technology. Instead, it uses distributed consensus ledger using a network of validating servers. Second of all, Bitcoin (BTC) is supposed to be digital gold and a store of value while Ripple (XRP) is just […]
Ethereum (ETH) ran into the top of an ascending channel and it retraced sharply. After that it attempted to test the top of this channel yet again and declined even sharply. We still think that ETH/USD has room to test the top of this channel once again. This would most likely be a test of the 1.618 fib […]
Far from the murky, impersonal world of online bitcoin and cryptocurrency exchanges, the world’s wealthiest who want to buy bitcoin do it through an office in west London’s upmarket Mayfair—and the relatively new service is becoming increasingly popular amongst the super rich with an interest in crypto. The Dadiani Syndicate, which styles itself as an investment “platform for […]
The US Dollar (USD) has been in a steady uptrend against the Euro (EUR) since the beginning of the year. The daily chart for EUR/USD shows that the Euro has printed lower highs and lower lows for the most part as it declined against the Dollar. EUR/USD continues to be in a downtrend and President Trump seems […]
Earlier this month, famed cryptocurrency investor and crypto-celebrity Tim Draper spoke out about his views for the future of Bitcoin. Historically, Draper has been known to be very bullish about cryptocurrency. Of course, as an investor it does benefit him to be bullish. In short, Draper believes that despite current forecasts and the trend of […]
Digital assets have found a place in numerous industries, where they are positioned to make the existing systems more efficient. Some of these industries include finance, art, real estate, food, and shipping — and the applicability will continue growing. For example, Bitcoin is great for sending money from one point to the other and paying for goods and services. It benefits those who […]
As Vice President of Corporate and Business Development at Coinbase, Emilie Choi puts it, a stablecoin is a “digital programmable dollar” and let’s be honest, the leading stablecoin, Tether hasn’t had a good few weeks. Given the scandal with Bitfinex, there is a hole for a competitor to come out and take over the stablecoin space. It now seems […]
In 2018, the blockchain landscape was a mix of negative and positive events that were in equal parts hectic, eye-opening and indicative of future developments within the digital currency industry. From the beginning of the year, corporations, venture capitalists, investors, and regulators were locked in a mash of uncertainty. While some would take the year in all […]
The Takeaway As bitcoin’s price edges up, secondhand mining equipment is becoming more profitable to run As a result, the price of used miners has nearly doubled in recent weeks, to $250-$320 for old Bitmain Antminers Somewhere between 220,000 and 700,000 mining units could come online this summer Newer, more powerful models won’t be shipped […]