Cryptocurrency Analysis and News Portal
[sociallocker id="55298"] The tensions that have spilled over into the streets of U.S. cities this week are a heartbreaking expression of a long-standing problem that has the whole world in its grip. Inequality is not specific to the U.S. Nor is it limited to a handful of relatively well-off geographies. It
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[sociallocker id="55298"] For twelve days straight, American citizens and a number of countries around the world have been protesting the oligarchs and police brutality. The restlessness from the uprising has slowed down some, but continues in various cities across the nation. On June 3, 2020, a reporter from Los
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[sociallocker id="55298"] Bitcoin underwent a protocol update to make the network more resilient to state attacks, while researchers separately found Ethereum may be losing its anonymity. Elsewhere, “Crypto Mom” Hester Pierce has been tapped for a second term at the SEC, and an ex-Yang advisor is making crypto a cornerstone to
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[sociallocker id="55298"] Bitcoin’s trading volume has experienced exponential growth which could reach levels similar to major asset classes, according to a new report by Coin Metrics. The cryptocurrency’s daily volume could exceed that of all U.S. equities in less than four years and all U.S. bonds in less than
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The most popular way to use bitcoin off-chain is on Ethereum, recent data indicates. Since 2016, software engineers have worked to extend the oldest and largest cryptocurrency’s use cases through a variety of companion protocols, like the Lightning Network for payments or the Liquid Network for trading. But to date, the
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[sociallocker id="55298"] London-listed Argo reported a dip in May revenue, possibly as a result of the bitcoin halving event. Per the mining firm’s monthly operational update, monthly mining margins – revenue minus operating costs – was roughly 34% in May, down from 39% in April. Overall, the company mined 252
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[sociallocker id="55298"] Long time trader John Bollinger has warned that bitcoin’s flash rally to over $10,400 on Monday was fake, adding that losses might be on the way.“This is a Head Fake at the upper Bollinger Band for $btcusd,” tweeted Bollinger, inventor of the Bollinger Bands indicator.A ‘head-fake’ trade
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In brief:$250 is a major resistance zone for Ethereum.ETH had managed to break this price level and briefly traded at $253.The push was short-lived as Bitcoin dumped hard taking down the entire crypto market with it.Stats show that whales moved a lot of Bitcoin to Binance and Bitmex before the
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In brief:Bitcoin broke the $10,000 psychological price barrier and briefly traded at $10,383.Less than 24 hours later, BTC fell hard to $9,266 in what appears to be a classic Bart Simpson pattern.Bitmex’s Co-Founder and CEO, Arthur Hayes, believes Bitcoin’s rally is not real until $15,000 is broken.At around the time
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[sociallocker id="55298"] Bitcoin’s price fell more than $800 in under five minutes on Tuesday, pushing the broader cryptocurrency market into the red. The sell-off began at 14:45 UTC (10:45 a.m. ET) when the cryptocurrency was trading at highs above $10,137 and by 14:49 UTC, the price fell to $9,298. At press
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