Cryptocurrency News
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex Presently, the XRP cryptocurrency is the third one on the market in terms of capitalization, which is $12.8 billion. The XRP is currently trading at $0.2975. Unfortunately, this digital asset has been declining recently, testing local minimums, as well as other altcoins. Anyway, […]
As cryptocurrencies gain momentum day by day, Satoshi Nakamoto’s dream of a decentralized, digital currency catering to the needs of the common man seem to be coming true. Bitcoin and other digital coins have made their mark. Yet, there is a huge barrier when it comes to cryptocurrencies being used […]
Rumors regarding various countries looking to create their own Bitcoin competitor have persisted for some time now. Until this week, there was no indication any major country would go through with those plans. China, on the other hand, is looking to shake up the financial markets once again. By creating […]
Bitcoin Price Analysis (BTC/USD) After a sharp dip that took place back on 10 of August at 11:00, the market seemed to have taken a pause to consolidate on an intraday price chart. Hourly resistance level $11536.91 continues with support level defined at $11341.29. Notably, both the significant level was […]
Blockchain and cryptocurrency projects often fall apart due to a lack of interest and use cases. Thankfully, it seems a lot of projects which have been around for multiple years are finally hitting their stride. Surprisingly enough, a lot of these projects – according to ConsenSys – are using Ethereum […]
It is not entirely uncommon for cryptocurrency exchanges to do something wrong, either willingly or by accident. In the case of London-based trading platform Cryptophyl, a recent airdrop kerfuffle could have caused the company several billion dollars. Thankfully, the company froze withdrawals in time. It does not appear as if […]
These are very interesting times for the cryptocurrency and blockchain industry. After multiple years of development, it is evident that the battle lines between different dApp ecosystems have been drawn. No one will deny the EOS-based apps are incredibly successful, as they still generate the highest overall seven-day volume in […]
Various innovative blockchain-related ventures exist to this very day. Not all of these efforts will gain mainstream traction, yet it seems Handshake is on the right track to making a lasting mark. This decentralized certificate authority and naming service provider aims to disrupt the traditional DNS system by promoting decentralization […]
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex Bitcoin keeps growing robustly, its dominance reaching 68.4%, which is a two-year maximum. At the same time, the Ethereum is attempting a bullish trend. The general growth of digital assets in case the leading cryptocurrency manages to renew local maximums looks highly probable. […]
In the cryptocurrency world, there are a lot of eyes on Bitcoin’s value at all times. The world’s leading cryptocurrency dictates the pace for all other markets, either for better or worse. This week is off to a good start in that regard, as it seems the price is moving […]
Innovative ventures in the financial industry often come with a caveat. The newly announced Apple Card is no different, even though consumers might have expected more from the technology giant’s credit card. A lot of products and services cannot be purchased with this new card, which creates a very interesting […]
Every project active in the cryptocurrency and blockchain industry will be scrutinized sooner or later. In the case of Tether, there has been a fair amount of scrutiny at virtually every turn. Especially now that everyone’s favorite – or most-hated – stablecoin is migrating to even more blockchains, significant concerns […]
Cryptocurrency, as a medium of exchange and holding value, offers great benefits over traditional fiat. In the decade it has been formed, cryptocurrencies have faced resistance from the banking and regulatory sector. Yet, there are financial institutions that understand the enormous potential and use of digital tokens and are using […]
With bitcoin dominance at close to 65%, altcoin season and the associated fireworks have not yet emerged. However, strong cryptocurrency markets suggest that big updates garner big reactions. Today’s announcement from Coinbase regarding Tezos is the most recent case. Hours ago, Coinbase announced that Tezos (XTZ) will be integrated onto […]
One of the many innovative concepts being introduced to Bitcoin and several top altcoins is known as the Lightning Network. Despite still in the experimental stage, it seems this technology has received a lot of attention. Unfortunately, it is still possible to lose one’s Bitcoin funds used for setting up […]
Running a cryptocurrency exchange is a very tedious and stressful undertaking. Not everyone is cut out for this 24/7 job, which is only to be expected. Tobiesz Niemiro, a former co-owner of the now-defunct BitMarket exchange, was founded dead this week after what appears to be a suicide. BitMarket Exit […]
Apparently, market failures can happen outside of cryptocurrency. The Team Fortress 2 community is in a state of pandemonium after a glitch in a midnight update flooded the virtual economy with the rarest items. We’re well familiar with exit scams, where dubious fraudsters run with the money and leave investors […]
Cryptocurrency and taxes are often an unhealthy mix. While it is evident anyone owning cryptocurrency should pay taxes on their financial gains or losses, most US-based enthusiasts don’t think so. As such, the IRS is now actively warning crypto holders to file their taxes correctly, or face the consequences. Another […]