The Dollar Is Poised to Gain Steam—and That’s Bad for Bitcoin
While Bitcoin is touted as uncorrelated, the cryptocurrency has been following the inverse of one asset over the
Read MoreWhile Bitcoin is touted as uncorrelated, the cryptocurrency has been following the inverse of one asset over the
Read MoreNew York-based crypto investment firm CoinFund has made an undisclosed investment into the digital art-focused non-fungible token (NFT) marketplace, Rarible.According to a September 8 announcement from Rarible, funds from the pre-seed round will be used to develop a “community-governed” NFT marketplace. The Rarible platform launched earlier this year and began
Read MoreEthereum has both benefitted and its rep been harmed from the recent explosion in farming for DeFi tokens.
Read MoreWhile bitcoin is eyeing an August gain for the first time in three years, the cryptocurrency is still lagging U.S. stocks over the month. Source
Read MoreBitcoin appears on track to register its best July price performance for eight years and confirm a major bullish breakout in the process. Source
Read MoreEther, the second-largest cryptocurrency by market value, has more than doubled in value this year, leaving bitcoin, the crypto market leader, far behind. Disclosure: The author holds no cryptocurrency at the time of writing. DisclosureThe leader in blockchain news, CryptoX is a media outlet that strives for the highest journalistic standards and abides
Read MoreEthereum gained bullish momentum above the $240 resistance against the US Dollar. ETH price is currently correcting gains,
Read MoreDuring the last 30 and 90-day intervals, a number of altcoins have done much better than bitcoin, as far as price percentage increases are concerned. Last Thursday, the popular analyst Peter Brandt told his 360,000 followers that the price of ethereum saw a “significant breakout” against bitcoin. Moreover, a
Read MoreBitcoin is reporting moderate gains on Monday as gold, a safe haven asset, rallies amid renewed coronavirus concerns. At press time, the cryptocurrency is priced around $9,430 – up 1.5% on the day – having put in lows near $9,260 during the Asian hours, according to CryptoX’s Bitcoin Price Index. Gold, however,
Read MoreAmid unstable global financial conditions, Bitcoin continues its path as a juicy-looking hedge asset, based on its gains comparative to gold. Sitting at a press time price of $1,717 per ounce, gold has risen approximately 12% from the start of 2020, TradingView data showed. In the same time frame, Bitcoin boasts
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