A sobering thought for those bemoaning losses from last week’s bitcoin price drop. You could have bought bitcoin in 2013 at $13 and still lost money… and lots of it. Such is the importance of the ‘rule of ten best days’, which states that ‘excluding the ten best days each year, BTC has fallen 25% […]
Bitcoin dropped 20 percent in the past week. Analysts say they know who is responsible for Bitcoin Price Crash. A report by JP Morgan Chase & Co Friday said the underwhelming launch of ICE’s Bitcoin futures contracts exchange, Bakkt, is responsible for Bitcoin’s latest price crash. The project’s price fell off a cliff last week, […]
Following the roll-out of mobile internet across the country in 2018, many ordinary Cubans are increasingly using cryptocurrencies to bypass economic sanctions imposed by the United States and access the global marketplace including Crypto in Cuba. Despite growing adoption, cryptocurrency still faces a number of challenges in Cuba, including limited access to crypto exchanges, lack […]
As reported by the Financial Times yesterday, market participants are not too sure about the latest trade developments between the US and China is good for Bitcoin Investors. Coupled with Washington’s political scenario concerning Trump’s impeachment row, stock prices fell on Friday. Does this mean that bitcoin (BTC) is the obvious alternative now for investors? […]
Successful traders treat trading like a business and part of treating your trading like a business involves keeping a journal. While everyone has a different format and preference, I generally use an Excel spreadsheet to help with calculations and provide organizational clarity – Continue reading and we will share some Bitcoin Trading Tips. Crypto investors […]
Digitization, disruption, blockchain, and frictionless payments. It’s amazing how prominent figures from the financial elite can provide a pretty detailed description of decentralized money without uttering “bitcoin” or “crypto.” But the fact of the matter is that clever businessmen in any industry, banking is no exception, would quickly spot emerging competition, analyze its strengths, and […]
Purse.io’s head of support Eduardo Gomez has blown the whistle on more corruption coming from the Venezuelan government Bitcoin Laundering, this time in the form of illegally obtained mining rigs. Mining Rigs Seized In April 2018, the Economist first ran an article questioning the rate of bitcoin mining in Venezuela. The outlet claimed that, at […]
A bug discovered in the Lightning Network in June, which allowed lightning fake bitcoins not backed by actual bitcoins to be spent, has officially been addressed in a new dev full disclosure report released on Friday. The problem has reportedly been remedied, but the security oversight casts doubts on an already heavily scrutinized protocol, and […]
My 99-year-old grandmother is more likely to buy BTC than the Federal Reserve, said market analyst Alex Krüger. The economist was responding to Anthony “Pomp” Pompliano, the co-founder & partner at Morgan Creek Digital Assets, on his comments on Venezuela. Pomp cited a Bloomberg report that claimed Venezuela’s central bank is holding bitcoin and ether […]
To clarify the legality of digital currencies in Russia, the country’s banking community has proposed to consider crypto mining as digital money mining, which will put the assets under the category of treasure or property. Reported by local news agency Izvestia, the proposal is made on an unreleased report by the Association of Banks of […]
Bitcoin (BTC) has already dispelled myths – bitcoin hash rate suffered a 40% drop this week, reaching new all-time highs just days afterwards. What Bitcoin hash rate crash? As data from monitoring resource Coin Dance confirms, after the hash rate metric dipped from 104 quintillion hashes per second (h/s) to 57 on Sept. 23, it […]
With trade talks between the US and China resuming next month all eyes are on the prospect of some kind of a deal. Not all are confident however and one industry executive still favors Bitcoin over any kind of economic recovery based on bilateral cooperation between the two powerhouses. No US China Trade Deal Says […]
Venezuela central bank is exploring the possibilities of holding Bitcoin (BTC) and Ether (ETH) in its coffers, according to anonymous sources who reportedly have direct insights into the matter. Can the central bank of Venezuela store Bitcoin and Ether? According to a Sept. 26 Bloomberg article, the central bank of Venezuela is taking a closer […]
Tom Lee of Fundstrat fame is back in the news, and he’s being very serious when he says the S&P needs to experience a breakout if bitcoin is going to gain its momentum back. “It’s a Bad Time to Be Bitcoin Trading” Tom Lee: If BTC Is to Do Well, the S&P Must Do Well […]
Every moment in the highly volatile crypto market is an intense one. Prices can skyrocket, then evaporate completely just as fast. But the week ahead, according to one crypto analyst, maybe the most critical week for the crypto market – altcoins and Bitcoin included – ever, and depending on what happens next, will shape the […]
Ethereum transaction fees are back on the rise and gaining parity with bitcoin transaction fees. As seen in data charts provided by blockchain analytics firm CoinMetrics, ethereum surpassed bitcoin in daily transaction fees on Sept. 21. While ethereum has since been maintaining a close parity with bitcoin’s daily transaction fees, bitcoin currently beats out ethereum […]
Monolith, a project that makes it easier to spend ETH and ERC-20 tokens in real-life, announced Tuesday that it has partnered with Kyber Network (KNC) on numerous integrations Decentralized Banking. Monolith and Kyber Bring DeFi To The Masses According to the announcement, KNC can now be used to buy goods or services using Monolith’s Visa […]
Mario Draghi, the outgoing president of the European Central Bank, mentioned the institution is open to Modern Monetary Theory — a fiscal and monetary framework that argues governments can keep printing money so long as inflation is in check. This will only increase the demand for Bitcoin. Brief breakdown of Modern Monetary Theory Modern Monetary […]
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