Bitcoin Cash started 2020 at around the $200 level, quite a far cry from the cryptocurrency’s all-time high value. Since the start of the year, however, BCH rose by nearly 125%, valued at around $456 at the time of writing. According to CoinMarketCap, Bitcoin Cash had a market capitalization of over $8.2 billion, with nearly...Read More
Decentralized finance [DeFi] has continued to gain steam in the past couple of months. The latest milestone includes surpassing $1 billion Total Value Locked [TVL]. Source: Binance Research | Monthly unique users in Ethereum DeFi in 2019 Interestingly, Ethereum’s use in DeFi continues to expand since most of the decentralized financial ecosystem, so far, is...Read More
Bitcoin’s surge past the $10,000 mark is, according to many observers, an expected bull run before the halving event slated for later in the year. With Bitcoin’s halving, the scarcity of the king coin is going to increase dramatically and may cement its position as a significant competitor to gold. In a recent Tales from...Read More
While many have tried to get into crypto by directly buying digital assets, there are other ways of investing in the crypto space, such as blockchain stocks. Some investors find it more profitable to invest directly in the technology on which cryptos are based, namely blockchain. There are several companies that are developing blockchain technology...Read More
It’s no secret that Bitcoin has been caught within a firm bull trend throughout 2020, and yesterday’s rally to over $10,000 seemed to suggest that this uptrend has reached a boiling point, with a major parabolic movement looming on the horizon. It is important to note that BTC has not yet incurred any type of...Read More
Litecoin and other altcoins are certainly experiencing an altcoin rally, however, it’d be premature to call this an ‘alt season’. As for Litecoin [LTC], it has surged by a whopping 105% in just 37 days, pushing its price from $38 to $78. The market cap of Litecoin has doubled from $2.5 billion to $5 billion....Read More
Our 20,000 newsletter subscribers may have wondered why they hadn’t received the weekly market update email, as they do on every Friday of the past four years. Unfortunately, CryptoPotato’s mail-service account on MailChimp had been forced closed without prior notice. In a surprising email for the popular email automation platform, they stated: “Our automated abuse...Read More
XRP saw a small 1.6% price increase over the past 24 hours as the cryptocurrency trades at $0.282. These gains are largely attributed to Bitcoin climbing above $10,000 as XRP fell against Bitcoin itself. XRP remains ranked in the 3rd position with a market cap of $12.37 billion. Key Support & Resistance Levels XRP/USD: Support:...Read More
Earlier this month on Twitter, Ethereum co-founder Vitalik Buterin posed the question of whether transactions using CBDCs, such as the one recently proposed by China, would be cryptographically provable. Important tech question about these CBDCs that are starting to pop up (CC @mg0314a): will transactions be cryptographically provable? That is, if I send you...Read More
Thanks to its innovation around building decentralized applications [DApps], Ethereum became crucial for the ICO space. However, the 2017 ICO boom and bust attracted a lot of bad press for the ecosystem since a large portion of many ICO scams leveraged Ethereum blockchain. Highlighting the ICO phase, Camila Russo, the Founder of The Defiant, in the...Read More
VanEck, New York-based investment management company, recently published a report regarding Bitcoin and its role in the market. By outlining the digital asset’s benefits, the paper showcases its potential to serve as an investment instrument and as a store of value. Even 1% Bitcoin Can Raise The Portfolio Founded in 1955, VanEck is a global...Read More
Three days ago, we had written here that “those are likely to be the last days of Bitcoin below the legendary price of $10,000.” A few hours ago, we finally saw Bitcoin breaking above the legendary 5-digits number boundary. As mentioned in our most recent price analysis, the momentum is bullish, very bullish. Looking at...Read More
Four months since the last coming of the five-figure heaven, Bitcoin is once again back. During the early hours of 9 February, the premier cryptocurrency broke the $10,000 mark. At 0320 UTC, Bitcoin saw a massive 0.5 percent price increase on the 5-minute candlestick, taking it from $9,985 to $10,0025. However, it was not hunky-dory...Read More
