Learn How Trade Crypto
Although Bitcoin’s price has been quiet over the past few weeks, ranging between $6,000 and $7,000, a prominent financial analyst says that this month’s price action reminds him of that of September of 2017, which notably preceded the massive bull run that occurred late last year and into the first week of January of this […]
The crypto market has demonstrated a gain of $12 billion in the past 24 hours, triggered by a staggering 20 percent increase in the value of Ripple (XRP) and Bitcoin Cash (BCH). On September 25, CCN reported that the volume of XRP was a concern for traders as it dropped from $2 billion to $800 million, by […]
Mike Novogratz, founder and CEO of crypto investment firm Galaxy Digital Capital Management, called a bottom in cryptocurrencies on September 13, while conversely the Chief Commercial Officer of BitPay, Sonny Singh believes that Bitcoin will resurge in 2019 but that altcoins “will never come back.” He said the next trigger that can carry Bitcoin higher is the entry of […]
Less than 50% of cryptocurrencies provide any real value or any useful function to the users, a research report by Invest in Blockchain claims. Among the top 100 most valuable cryptocurrencies (by market capitalization) covered in the study, only 36 were found to have working products. The Working Product Dilemma Since there is no clear definition of a “working product” […]
Morgan Creek Digital, backed by the institutional investment house Morgan Creek Capital with $1.5 billion in assets under management , has launched a new Digital Asset Index Fund in partnership with Bitwise, Forbes reports August 28. The new fund will give accredited investors, endowments, pensions and other approved institutional investors the possibility to gain indirect exposure to […]
The rise of Bitcoin and the blockchain industry has been accompanied by criticism, just like any other emerging tech sector. Such criticism was heard during the dawn of the internet, and despite it, the internet is still alive and well today. Industry experts have offered different hot takes on the nature of cryptocurrency in general, calling it everything from […]
The crypto markets are somewhat bearish today, August 21, with virtually all of the top twenty coins by market cap seeing losses of 3-6 percent on average, as Coin360 data shows. Bitcoin (BTC) continues to show relative resilience – the top coin nonetheless continues to trade below the $6,500 price point. Despite a short-lived market recovery August 17, most […]
In 2018, every consecutive fall of the crypto markets was followed by a very weak recovery. This is in stark contrast to 2017, during which every fall was followed by a ‘V’ shaped recovery. The total market capitalization of all cryptocurrencies is hovering close to the $215 billion mark, after having dipped below $190 billion on August […]
Facebook is one of the most used social media platform across the globe. The platform is estimated to have close to 2.23 Billionactive users in a month. The firm also closed 2017 with an impressive $15.9 Billion in net income. It is with such a global dominance that the thought of the firm getting into blockchain […]
Turkey is facing a crisis as its national currency is plunging. The 10-day volatility of the lira relative to the U.S. dollar has surpassed that of Bitcoin (BTC). President Recep Tayyip Erdogan has been urging the people of Turkey to exchange their dollars and gold for lira, The Guardian reports. However, it appears that the savvy citizens of […]