The past couple of months have been nothing but a wild ride for Bitcoin. In the middle of March, when the coronavirus started to spread in the Western World, and markets reacted swiftly, BTC lost more than 40% and tumbled to $3,600. Now, less than two months later, the price is not only fully recovered...Read More
https://medium.com/media/0e9016a1eb61254843b184b0ef4e123b/href Bitcoin is often called “digital gold” because just like gold, Bitcoin is a valuable, scarce resource that’s resistant to inflation. But unlike gold, Bitcoin is digital — it can be sent globally almost as easily as sending an email — and its scarcity is known — while it’s estimated that one could fit all the gold ever mined into a...Read More
0x (ZRX) gained 143% against the dollar leading into Friday, May 8. The price surge comes after announcing weekly staking payouts, and potentially getting a fortuitous ‘Ethereum rub’ from Vitalik Buterin. Notably, on May 7, the 0x community voted in favor of a proposal that would cut the regularity of staking payouts from 10 days...Read More
There has never been a shortage of cryptocurrency scams, nor will there be in the future. Two companies involved in a recent binary options scam have now been fined by the CFTC. When looking at crypto trading platforms, it is pertinent to separate the real ones from the fake. CFTC Hammers Down on Crypto Scams...Read More
Bitcoin Bitcoin saw an impressive 11.5% price surge over the past 7 days of trading as the cryptocurrency manages to reach as high as $10,000 again. During the week, the coin managed to break above the previous resistance at $9,000 and continued above further resistance at $9,426 and $9,815 to reach the $10,000 level. Looking...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog On Friday, May 8th, the XRP remains in a flat, slightly declining. It is generally trading at 0.2166 USD. On H4, XRP/USD is correcting the previous declining wave, moving in a mid-term ascending channel. The quotations rose to 50.0% Fibo but a divergence on the MACD proved the necessity...Read More
Monero(XLM) is 9% on a 24 hour trade price, the highest of all top 30 today. XLM/USD breaks the resistance at $64.40 and sustains at $64.93. Monero(XLM) turns out to have a good swing week, the price opened with $60.37 against USD and since then holds a bullish momentum. This Winner has gained 9.02% since...Read More
The price of bitcoin once again overcomes a major hurdle at the sub $9k area. Crossing the resistance at that level, the bulls seem to have taken charge, and market sentiments now lean towards a bullish bias in the short-term. However, the bears couldn’t wait much longer before prices fell off to lower levels. Bitcoin...Read More
[PRESS RELEASE] Stake.com has proudly announced that they are now the official partner and sponsor of the TT Cup – the most competitive and highest quality Table Tennis tournament currently being held during these times of global uncertainty. Stake is one of the biggest crypto casinos and sportsbooks in the Bitcoin space. Their recent venture...Read More
The Indian cryptocurrency industry has been growing rapidly despite the nationwide lockdown and the coronavirus crisis. Two new cryptocurrency trading platforms are launching in India while existing crypto businesses seek clarification from the central bank, the Reserve Bank of India (RBI). New Cryptocurrency Trading Platforms Launching in India The crypto sector in India is showing...Read More
The majority of Bitcoin holdings are currently in a profitable position following the recent rally of the largest cryptocurrency by market capitalization, data from on-chain data provider Glassnode shows. The UTXO Realized Price Distribution (URPD) metric from the data firm puts the proportion of the moneymaking Bitcoin at 81%. What Is UTXO Realized Price Distribution...Read More
Several incidents in the cryptocurrency space seem to leave a lasting impression on the industry. The infamous Cryptopia hack, for example, still sends shock waves throughout communities today. To this day, there are still many uncertainties regarding the Cryptopia hack. More Cryptopia Funds Shenanigans The exchange lost a lot of funds, adding up to roughly...Read More
On May 7, 2020, the price of a single bitcoin crossed $10,000 per unit in USD value as the network only has four days until the halving, otherwise known as the “quantitative hardening” by some investors. The cryptocurrency’s per annum inflation rate will drop from 3.6% to 1.8% on or around May 12, 2020, as...Read More
Only four days left until the Bitcoin halving event. This by itself could have been enough to fuel the primary cryptocurrency beyond the $10,000 mark. Maybe it happened faster than expected, Bitcoin just reached the 5-digit mark for the first time since February 24, 2020. As of writing these lines, BTC completes an incredible 35%...Read More
