By now, we’ve just about heard it all from crypto skeptics. From some of the world’s wealthiest investors such as Warren Buffet to economists such as Nouriel Roubini. This time, however, the skepticism is coming from another party: the Indian police. Police from the Northern Indian state of Jammu and […]
Author: Steve Kaaru
Crypto Lending Continues to Thrive Even as Prices Fall
Cryptocurrency prices have been battered this year, and that’s been the sole topic of interest, both for the enthusiasts and the skeptics. However, as the prices dropped, one business has boomed: crypto lending. While all the other startups in the crypto space were counting on prices hitting their former highs, […]
Ethereum Overtakes XRP to Most Valuable Altcoin, Gains 80% in Last Two Weeks
After one and a half months trailing XRP as the most valuable altcoin, Ethereum has finally returned to its position. Ethereum lost the position on November 15, which coincided with the Bitcoin Cash hard fork. However, a major bull rally in the past four days has helped the currency eclipse […]
Weed Industry Crypto Paragon Coin Gains 9,690%, Growth Concentrated on One Market
The crypto industry is no stranger to overnight skyrocketing of prices, and overnight wipeouts as well. However, some instances stand out, and the latest is Paragon Coin. The crypto made unbelievable gains today, opening the new year in pomp and color. Paragon gained an incredible 9,690 percent in just 24 […]
A Global Digital Currency Is Just a Dream, Will Never Happen: Payoneer CEO
Most of us in the crypto community foresee a future in which the world will predominantly use digital peer-to-peer currency. However, this is a dream that will never come to pass according to Scott Gallit. Gallit, the CEO of digital payment services company Payoneer, believes that noble as the idea […]
India in No Hurry to Regulate Cryptos, Blames Global Regulatory Uncertainty
India hasn’t been the friendliest jurisdiction to cryptocurrencies. The crypto industry in the country has been involved in an endless row with the country’s Reserve Bank, and the RBI has thus far had the upper hand. The animosity has pushed some crypto firms out of business this year. And now, […]
Former Silk Road Founder Writes to Roger Ver, Asks for Help in Legal Battle
Its been a bit over five years now since Ross Ulbricht was put behind bars. Ross was the founder of Silk Road, a dark web marketplace that listed all sorts of products and services, both legal and illegal. In as much as Silk Road facilitated some illegal activity, it was […]
What Was Crypto’s Most Important Event in 2018? Experts Have Their Say
The year 2018 hasn’t been short of important events and milestones, good, bad and ugly. For one, the year began with Bitcoin trading at $15,000. It has since then shed 75 percent of its value and trades below $4,000 at press time. Some altcoins such as ChainCoin have shed as […]
Bitcoin Can’t Seem to Stay Above $4,000. Will This Change in 2019?
Every time it has been dealt a blow, Bitcoin has bounced back. However, the blows have continuously driven the expectations lower. As the year began, many believed that the currency couldn’t go below $10,000. Then it breached this resistance level and the expectations were forced to be lowered. Then came […]
Market Recovers $10 Billion in Two Hours as Ethereum and Bitcoin Cash Lead the Rally
The market has rebounded in the past two hours, gaining $10 billion in the process. The comeback is led by Ethereum and Bitcoin Cash, both of whom have gained 13 percent. Ethereum was trading at $136 at press time, bouncing back from $117 registered just three hours earlier. Its trading […]
From Tom Lee to John McAfee, Bitcoin Predictions Haven’t Aged Well
They came in plenty, some a little conservative and others outright ambitious. There were those who predicted that Bitcoin would hit $20,000 even before the year ended. Others went long term, predicting as high as $1 million in 2020. While the long-term predictions could still come to pass, those who […]
Bitcoin Continues Descent to $3600 as Hackers Steal 200 BTC from Electrum Wallet
After a bounce-back last week to hit over $4,260, Bitcoin has continued having a lackluster week, dropping to $3,650. At press time, the currency was trading at $3,600 on Coinbase, Bitstamp, Kraken, and BitMEX. In the past six hours alone, the currency has lost $200 as the dismal end-of-year performance […]
Bitcoin Cash Struggles At $165, Volume Halves As Key Ally Looks Shaky
Bitcoin Cash has been on the news for the past two months, both for positive and negative reasons. However, in the past two weeks, the currency made one of the fightbacks of the year, hitting $230 on December 21. However, the currency couldn’t maintain the momentum and at press time, […]
Bitcoin Will Gain More Ground As Altcoins Lose Appeal In 2019: Report
Bitcoin vs. altcoins. This has been one of the fiercest battles in the industry. While Bitcoin had a headstart on the altcoins, aggressive growth in the past few years saw them threaten to upset the status quo. However, according to a report by a global management consulting giant, Bitcoin will […]
Bitcoin Gets A Christmas Push To $4263 As Wall Street Crypto Plans Fail Miserably
It’s the season of joy all over the world, and the crypto industry is just as radiant. The market is swimming in green, with XRP and Ethereum leading the pack. The two gained 18 and 20 percent respectively in the past 24 hours, with Stellar and TRON each gaining 10 […]
Facebook Developing a Whatsapp Crypto, Should the Bitcoin Community Be Worried?
It has been long been known that Facebook was working on a blockchain and crypto project. Most suspected that the new token would facilitate payments for Facebook’s 2.5 billion users on its social media platform. However, it turns out that Facebook’s maiden crypto project will focus on Whatsapp. According to […]
Bitcoin Hits $4100 as Analysts Warn That the 2017 Rally Is Behind Us
Bitcoin’s price recovery has continued, with the currency gaining 7.2 percent in the past 24 hours. Bitcoin was trading at $4,104 at press time, having struck a two-week high of $4,186 just hours earlier. The last time Bitcoin was above $4,100 was December 3 and since then, it has dropped to […]
Bitcoin Knocks On $4K As Expert Claims Facebook Crypto Will End Bitcoin
After weeks of heartache for Bitcoin enthusiasts, the currency has bounced back. Bitcoin hit its yearly low weeks ago and since then, it has gained 27 percent to hit $3,945 earlier today. The currency had gained 3.8 percent in the past 24 hours and was trading at $3,770 at press […]