By Dmitriy Gurkovskiy, Chief Analyst at RoboForex At the end of the first week of July the Bitcoin has stabilized, trading at $11,194.00. On H4 the quotations of the Bitcoin (BTCUSD) have dropped which is nothing but a correction after a long-term growth. The descending correction wave has reached 38.2% […]
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Should You Buy That New Car or Invest in Bitcoin?
One of the many questions young people ask themselves today is whether to buy a new car or invest in Bitcoin. There are plenty of reasons to defend either option, albeit it is rather evident one could potentially return value, whereas the other will only cost money. Depending on one’s […]
Bitcoin Fights to Break Above $11,000
Yesterday’s Fourth of July fireworks across the USA were not the only explosions. To say that Bitcoin’s market has been animated recently would be a massive understatement. As Bitcoin has frenzied throughout Q2 of this year and the start of Q3, four figure price movements and double-digit percentage swings have […]
The Historical Price Impact of a Block Reward Halving on Bitcoin and Litecoin
There are many different factors which can influence the price of any cryptocurrency. In most cases, it is a matter of supply and demand across different exchanges. With Bitcoin and Litecoin, that situation is slightly different. Both currencies have seen at least one block reward halving which had some interesting […]
Top 4 Reasons to not get Involved With Facebook’s Libra
A lot of people are keeping close tabs on Facebook’s new digital currency project. Known as Libra, it will either change the world as people know it, or fail to make any meaningful impact. There are several reasons to not get too involved in this project right away, primarily because […]
SysCoin Price Prediction and Analysis for July 4
Most cryptocurrency users know all too well the prices of altcoins tend to fluctuate depending on how Bitcoin’s value is evolving at that time. As far as the SysCoin price is concerned, that situation is not that different. However, it seems as if this market is undergoing some interesting changes, […]
4 Shocking Financial Market Changes Sparked by a Donald Trump Tweet
In the financial world, different markets are correlated more tightly than most people anticipate. It is also evident how one single individual can effectively influence markets to move in certain directions, either knowingly or by accident. When President Trump Tweets weird stuff, the markets do indeed respond in mysterious ways. […]
Bitcoin SV (BSV), Ethereum (ETH) and Bitcoin Cash (BCH) Price Prediction And Analysis For July 3rd 2019
Bitcoin SV Price Analysis (BSV/USD) BSV/USD pair has exhibited a bullish outlook in the last 24hrs. The ascending channels reflected the upward price rally. The 7 day MA that was seen gravitating above the 21 day MA that indicated a bullish signal. BSV/USD pair began trading yesterday at $187.720 and […]
What Is Syscoin?
Many blockchain and cryptocurrency projects attempt to make a unique mark on the industry. Syscoin is putting up a valiant effort in this regard, as it aims to put any business on the blockchain. Its crucial core features allow anyone to build secure and low-cost applications which can cater to […]
Top 3 Reasons to Pay Attention to the Switcheo Platform
When it comes to exploring potential alternative solutions to traditional cryptocurrency exchanges, the number of options continues to increase every quarter. Very few platforms can make a lasting impact at this time, although the Switcheo team has shown it can be done through hard work. With the previous quarter introducing […]
4 Notes on Bleutrade Delisting Dogecoin, QTUM, and Others
Running a cryptocurrency exchange is a very time-consuming task. Platforms need to cater to as many users as possible, primarily by opening up dozens of trading markets. For Bleutrade one of the smaller altcoin trading platforms, removing dozens of coins is also par for the course. Removing Dozens of Coins […]
Coinbase Struggles to Remain Accessible Courtesy of CloudFlare
It is rather evident there are many things going on in the world of Bitcoin and altcoins. Whereas some of the most recent developments focus on the price some key infrastructure seems to be struggling. Coinbase, by many perceived as the major exchange in the world, has been difficult to […]
Bitcoin Briefly Drops Below $10,000 as Report Reveals That the OGs Aren’t Selling
After a stellar run that saw bitcoin set an 18-month record, it has now dropped below the critical $10,000 mark for the first time since June 22. The digital currency dropped to $9,930 before gaining slightly to hit $10,483 as of press time. In the past 24 hours, the top […]
3 Bullet Points to Explain the Coinbase Effect
Explaining all of the different phenomena in the cryptocurrency world is not all that easy. Some of these ëvents”are made up in people’s minds, whereas others seem slightly more tangible. The Coinbase Effect, for example, is something many enthusiasts tend to discard. Even so, it is something that tends to […]
Bitcoin Price Watch: Currency Is Down for the Count
At press time, bitcoin is still up for the most part, but down compared to where it has been over the past week. Currently, bitcoin’s price is just over $10,100, which is down from where it was this morning at $10,300, and it seems to be falling by $100 or […]
4 Thoughts on the Newly Launched Bitcoin Mixer MyBitmix
Given all of the recent drama and developments affecting the Bitcoin mixer industry, one has to wonder if there is even a future for this particular business model. The team over at MyBitmix seems to think so, albeit users will often remain hesitant to try new services. It is also […]
Deep Neural Network Creates Surprisingly Accurate Simulations of the Universe
It is baffling what one can achieve with artificial intelligence. Ranging from mundane tasks to major scientific research, the possibilities are virtually limitless. One interesting development comes in the form of how a new 3D simulation of the universe turns out to be far more accurate than anything humans ever […]
Bitcoin Hashrate Records Another All-time High Level
These days are quite interesting for the cryptocurrency industry, even if the prices aren’t necessarily heading where most people would like. That situation can always change without too many problems, but it remains to be seen how things will evolve. As far as the Bitcoin hashrate is concerned, it seems […]