Cryptocurrency Analysis and News Portal
After a relatively long stagnation phase, volatility has returned, and Bitcoin has done nothing but shoot up. Several indexes suggested that a price breakout was imminent. But nobody would have thought that the $10,000 resistance level will break so easily.The recent price action sent investors and market participants alike into
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Cryptocurrency traders don’t seem to care that Goldman Sachs is such a bitcoin hater. At least, that’s the signal markets are sending. Bitcoin prices have surged since the Wall Street heavyweight’s money-management division declared in a presentation this week that the cryptocurrency is “not a suitable investment for our clients,” merely a beneficiary of
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Rumors and reports suggest Sony will host a PS5 showcase on June 3. New information hints that the platform holder could reveal the final hardware design beforehand. Insider information and some curious activity over on the PlayStation Blog suggest as much. With the rumor mill working overtime and corroborating
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The Donald Trump administration is planning to omit key economic projections from its budget review. The lack of transparency suggests Trump has something to hide. The projections likely exist- why not share them? Donald Trump is refusing to be fact-checked once again. This time it’s Americans, not Twitter, looking
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Known for their regulation-friendly outlook within the crypto industry, Gemini exchange founders Tyler and Cameron Winklevoss hold a hybrid approach to privacy and government rules. The twin brothers explained in a May 22 podcast interview with Peter McCormack that crypto adoption comes a need for some degree of regulation. Cameron added:“The
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The housing market is basking in a deluge of positive data. There’s still one statistic that could spell trouble for the recovery in residential real estate. If this trend doesn’t reverse soon, resilient demand alone might not be enough to support home prices. There’s no shortage of optimism in
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As world governments push through legislation to levy taxes on capital gains from bitcoin (BTC) transactions, seeking to earn more from an asset class that frowns on regulatory oversight, there are still a few countries that remain pro-crypto, allowing investors to buy, sell or hold digital assets at zero
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Bitcoin (BTC) is not what young investors should buy after the coronavirus crash, says the man who once said that the biggest cryptocurrency faces an “inevitable death spiral.”Speaking to CNBC on May 21, Peter Mallouk, president and chief investment officer at wealth management firm Creative Planning, claimed that stocks and
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Research has found the vast majority of transactions on EOS, Tezos and XRP do not transfer any value.According to a research paper released on pre-print site arXiv, only 2% of transactions on the XRP ledger and 18% of transactions on Tezos (XTZ) lead to value transfers. They found that during the
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Just three hours ago, Bitcoin’s latest block reward halving finally came to pass.Aside from some short-term volatility — rallies and crashes of a few percentage points here and there — the cryptocurrency barely budged off the news from a macro perspective. Case in point: the cryptocurrency now trades at $8,600
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