Cryptocurrency Analysis and News Portal
Ethereum and the aggregated crypto market bore witness to immense volatility this morning that was sparked by Bitcoin’s capitulatory decline from the $10,000 region.This decline caused major altcoins like ETH to post massive losses, with many underperforming Bitcoin as they continue struggling to garner any notable momentum against their BTC
Read More[sociallocker id="55298"] Bitcoin (BTC) dove more than $1,000 on some exchanges on June 2, although the event seems to be the result of simple trading activity, according to OKCoin's head of market development Matthew Ficke. "Price movement like we saw yesterday typically attracts short-term traders trying to position for a larger
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CNBC’s 2020 Global CFO Survey reveals an extremely bearish outlook on the U.S. stock market, with more than half of respondents calling for the Dow to return below 19,000. The CFO outlook contradicts new forecasts from Goldman Sachs and Bank of America, whose models predict higher stock valuations. Stocks are coming off
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Bitcoin has been on an impressive rally over the past two months.From the $3,700 lows seen on March 13th, the asset has rallied over 150%. This 150% performance means BTC has outperformed basically any other multi-billion-dollar asset over the same time period.This strong surge to fresh highs hasn’t convinced everyone
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Bitcoin breaks above $9,100 hours ahead of New York opening bell.The gains surfaced as the futures linked to Dow Jones suggested a 400-point rally after Wednesday’s open.Investors also felt buoyed by Goldman Sachs’s early morning call with clients on Bitcoin.Bitcoin closed above $9,100 in a surprising upside move after trading
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Crypto-powered Esports streaming app Theta continues to rally ahead of its mainnet 2.0 launch, gaining 150% in the past two weeks.All told, the Theta Token, is up nearly 1,300% since the ‘Black Thursday’ crash of mid-March.In addition to its forthcoming technical upgrades, Theta’s rally appears to have also been fuelled
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Ethereum has continued trading above $200 despite facing a massive influx of selling pressure earlier this morning that jeopardized its position above this key support level.It now appears that ETH is gearing up for a massive movement in the days and weeks ahead as it continues trading within a multi-week
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Following the third bitcoin halving on May 11, 2020, there’s been a big shift in mining pool distribution, as far as hashrate is concerned. At the time of publication, there’s around 100-115 exahash per second (EH/s) in search of bitcoin blocks and spectators have seen two relatively unknown mining
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Both Bitcoin and the stock market have recovered strongly since the March lows, but the “real” economy is not in a good place.As Chamath Palihapitiya — one of the first Facebook executives and a prominent venture capitalist — said in a recent CNBC “Squawk Box” interview, the economy is now far
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Coinstar, the coin counting kiosk maker hosting 3,500 Coinme bitcoin ATMs, is looking to double its bitcoin-capable supermarket locations. The doubling would happen "within a year," President of Product Michael Jack told CryptoX. He said Coinme bitcoin ATM growth "both on a per location and overall basis, has been very
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