Learn How Trade Crypto
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 […]
Historical Precursor To Altseason Is Showing Its Face Fundstrat’s prominent head of research, Tom Lee, recently took to Twitter to remark that one of the “pre-conditions” for historical altcoin rallies is coming to life in the current cycle. This precursor, for those unaware, is a drop in the correlation between the crypto asset class at […]
BITCOIN’S HOURLY EMA RIBBON PROVIDING SUPPORT On the one-hour chart for Bitcoin, the exponential moving average (EMA) ribbon has, thus far, provided significant support for the price of BTC. Bitcoin chart provided by TradingView. The bitcoin price only dropped below the EMA ribbon once, on April 4 for a few hours, since commencing on its uber-bullish […]
Bitcoin and the rest of the cryptocurrency market have started Q2 off with an emphatic bang, having at one point increased the market’s total capitalization by nearly $40 billion since the beginning of April. Indeed, bitcoin led the market-wide charge on April 2, surging over 20 percent in a single hour – a move that had […]
The amount of people who currently partake in cryptocurrency investment every day shows a rise in the blockchain revolution. It has been reported that trading tokens on platforms like Bitcoin and Ethereum add more than 100,000 users each day. Global funding of blockchain-based startups has also increased from $550 million in 2016 to over $1 billion in 2017. As the blockchain industry continues […]
A Japanese company has launched an ERC-20-compliant stablecoin that it says offers “absolute decentralization, maximum security and a reliable source of stability in the face of volatility.” As its name suggests, USDDex is directly pegged to the United States dollar, helping traders to move their money into crypto without exposing themselves to the erratic price […]