Cryptocurrency News
The grinch is in town. What started off as a bullish Christmas eve has turned into quite a bearish Christmas day. What we just experienced is a textbook bull trap. Let’s talk about it. They say a picture is worth a thousand words, that’s why one look at Bitgur’s cryptocurrency […]
As the Christmas holidays are almost upon us, there will be notable increase in the number of financial scams and phishing attempts. The cryptocurrency industry will be no different in this regard, as there are quite a few new campaigns making the rounds right now. Always be careful when clicking […]
Since August 6, for nearly two months, Bitcoin has remained in the $6,500 to $6,800 range, temporarily testing the $6,800 resistance level on two occasions. But other than that, Bitcoin has shown little momentum in the higher region of $6,000. According to Jani Ziedins, a cryptocurrency analyst at Cracked Market, […]
Coinbase, the largest crypto exchange, brokerage, and custodian solution provider in the global market, is on the verge of securing a $500 million funding round at a valuation of $8 billion. Recode exclusively reported that the exchange is finalizing a deal with Tiger Global, a major New York-based investment firm […]
It’s the most popular sport in the world and so it was only a matter of time before cryptocurrencies made their way into the industry. With an estimated fan base exceeding 4 billion people, soccer offers crypto a big unexplored market, and crypto startups have been quickly moving in. The […]
Once again we must endure another downturn and many pundits in the cryptosphere are singing about the death of Ethereum and advising people to cut and run. But how many times do we need to hear the sky is falling before we figure out the sky never falls, however; it […]
According to new figures provided by the US Energy Information Administration and obtained by Cleantechnica, an energy-focused publication, renewable energy sources surpassed nuclear energy sources in 2018, which could have a profound impact on the global crypto mining sector. For many years, especially in December of 2017 during the peak […]
This week, Wired published a unique insight into the security system employed by Coinbase to lure institutional investors into the crypto space. In July, Coinbase, the world’s largest cryptocurrency exchange and brokerage, announced the formal launch of Coinbase Custody, a custodian solution designed to facilitate large transfers of capital from […]
At press time, the largest cryptocurrency by market cap is trading in the $6,400 range and is virtually unchanged from yesterday and the day before. $6,400 is obviously a comfortable spot for bitcoin; it has remained here for some time and isn’t showing any signs of moving. Interestingly, bitcoin suffered […]
Gabor Gurbacs, the director of digital assets at VanEck, recently said it remains uncertain whether institutional investors will commit to crypto in 2018, due to the regulatory burden on the asset class. Price Isn’t Reacting to Positive News Since early August, the cryptocurrency sector has seen some of the most […]
For those passionate about cryptocurrency who either got burnt out during this year’s bear market, or do not have the means or confidence to make financial investments, there are still numerous ways individuals within the sphere are accumulating crypto and earning money each day. Here are 10 of the best […]
Brian Norgard, the Chief Technology Officer (CTO) of popular dating app Tinder and an early stage investor in SpaceX and Tesla, has stated that millennials prefer to invest in crypto rather than reserve currencies and conventional assets. Citing a report from CB Insights, Norgard listed the following as being “Millennial investing […]
Bithumb, South Korea’s biggest crypto exchange as of May, is officially resuming deposits and withdrawals on August 4, after a month of freezing the platform. Potential Impact of Restoration of Bithumb’s Operations In June, Bithumb experienced a $40 million hacking attack which led to the loss of investors’ funds, falling […]
Jeffrey Wernick, an accredited investor and an early stakeholder in Uber and Airbnb, arguably two of the most successful technology startups created in the past decade, believes everyone should invest in crypto as an alternative store of value. Bitcoin Outperformed Every Currency Since 2009 During an interview with Business Insider, […]
According to Redfin, a multi-billion dollar real estate company listed on Nasdaq, 10 percent of millennials have sold their crypto holdings to afford their first home. Breakdown of Millennials’ Investment Strategies In March of this year, Redfin surveyed 2,000 US residents to understand the perspectives and concerns of both millennials […]
Line and Kakao, two of the largest messaging applications in Asia alongside WeChat, with more than 90 percent of the market share in Japan and South Korea respectively, are battling for dominance in the blockchain sector with unique partnerships and decentralized applications. Last week, Line, a Japanese messaging app that […]
The value surge of Bitcoin in 2017 has piqued the interest of the financial community and raised the question as to whether cryptocurrencies will replace gold as the dominant safe haven investment. Disclosure: This is a sponsored article. Mad Money host Jim Cramer argues digital tokens will not be replacing […]
Johann N. Schneider-Ammann, the head of Switzerland’s Department of Economic Affairs, has said that blockchain technology will undoubtedly penetrate the entire economy of Switzerland and make a global impact that is as big as that of the internet. Ammann noted that Switzerland has already evolved into a leader in blockchain […]