Cryptocurrency Analysis and News Portal
ANT is the native cryptocurrency of Aragon: a blockchain-based platform that allows users to build and manage their own decentralized autonomous organizations (DAOs).A DAO lets people form groups that are governed by a defined set of computer codes, as opposed to a single leader. Users are required to hold ANT
Read MoreSam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin (BTC). The catalysts are increasing adoption, whales, inflows from other products into Bitcoin, and influence from other markets. Alameda Research is a major cryptocurrency firm that trades a variety of cryptocurrencies and
Read MoreAlgorand (ALGO) is an open-source, payments-focused blockchain network that aims to solve one of the most persistent problems facing cryptocurrency: scalability. To do that, Algorand employs a novel, more scalable form of “proof-of-stake,” a consensus mechanism that’s critical for securing blockchains and making sure no one can create new tokens
Read MoreBitcoin (BTC) could see further downward price pressure this week as network difficulty is set to drop the most in five months.Data from data resource BTC.com estimates that difficulty will drop by 8.3% at the next automatic readjustment in four days’ time.Difficulty set to repeat June readjustmentThe mining difficulty is
Read MoreBitcoin (BTC) retreated to $13,300 on Oct. 28 after a retest of its 2019 resistance levels was met with rejection. Cryptocurrency market overview from Coin360Data from Cryptox Markets, Coin360 and TradingView show volatility rising during Wednesday after BTC/USD hit $13,850.After failing to reach $14,000, uncertain conditions prevailed, culminating in a brief
Read MoreCryptox Markets: Paul Tudor Jones. Did his investment into Bitcoin spark a new bull cycle?Max Keiser: First, we need to go back to the Genesis Block and understand that everything that has happened and will ever happen with Bitcoin came into existence at that instant and the world and our species were
Read MoreAccording to Whalemap, there are three major Bitcoin (BTC) whale clusters in the near term that might serve as key technical levels. The $11,857, $12,256 and $12,868 levels would likely act as important support and resistance areas.In previous cycles, whale activity coincided with significant price movements at crucial technical levels.
Read MoreBitcoin price has seen a healthy upward tick toward the $13,000 mark in the fourth quarter. At the start of the quarter, Bitcoin (BTC) was in the sub-$11,000 region, and from there, constant rises took the price to the $13,000 mark on Oct. 21 for the first time this year.The
Read MoreCompiled by entrepreneur and market commentator Alistair Milne, exchange rate figures show that at this week’s highs, Bitcoin was worth more in seven currencies than ever before.Countries where #Bitcoin has hit a new ATH in their local currency:Brazil - pop. 209millionTurkey - pop. 82mArgentina - pop. 44.5mSudan - pop. 41mAngola
Read MoreAs Bitcoin (BTC) breaks the $12,000 resistance, derivatives markets are flirting with overly excessive bullish sentiment. The futures basis and the options 25% delta skew both reached the same levels seen now on October 12 when BTC briefly tested $11,700 but failed to maintain momentum.What differentiates the current situation from
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