Cryptocurrency Analysis and News Portal
Bitcoin (BTC) and other cryptocurrencies have been compared to FAANG (Facebook, Apple, Amazon, Netflix and Google) companies due to their network effects, as reported by CryptoX. The rationale that the increase in people using a platform makes its value increase exponentially — as it happens with Facebook or the
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Most of the cryptos grew on Monday amid terrible trading in Asia. After the extended Chinese New Year shutdown, mainland markets finally opened for trading. However, it was not going as it was expected.Bitcoin price was rising as well. However, at the time of writing, it was falling 0.43% to
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Most of the commodities, stocks, and bonds staged an outstanding run in 2019. But the traditional asset classes still fell short before a stronger and a more offbeat contender: Bitcoin.The benchmark cryptocurrency, which more or less functions as a “decentralized” payment startup, underwent a dreamy bull run during 2019’s first
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Bitcoin is on track to end 2019 on a positive note and significantly outperform traditional assets like gold and stocks. The number one cryptocurrency is currently trading at $7,125, representing a 93 percent gain on a year-to-date basis, according to CoinDesk's Bitcoin Price Index. Prices rose from $3,700 to $13,880 in
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Research from Crescat Capital suggests now is the ideal time to buy gold. The critical 70% inversion threshold has preceded all six of the last recessions. Bitcoin has outperformed gold in every respect over the last ten years, although there is no data relating to recessions. According to an in-depth analysis from Otavio
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On 15 November, during an interview for CNBC journalists, Tom Lee gives price prediction to set some fire. Cryptocurrency will show its potential as a “network value asset”, according to Tom. He said Bitcoin is similar to FAANG stocks that represent the top companies of the U.S. economy: Facebook, Apple, Amazon,
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Ripple partner CoinField has today announced its XRPL powered crypto exchange which teases us with a glimpse of the future. Sologenic is a sophisticated XRPL eco-system allowing the trade of on-demand tokenized assets, stocks and ETF’s from over twenty-five global exchanges. We’re making it easy for people around the world to have
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Two of the most frequent questions that I get from people in the crypto community are: what do you invest in and what are the best investing strategies? As a general rule, the best investment strategy focuses on maximizing gains while minimizing risk. Historically, the best assets that fit this
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Popular Bitcoin Bull and Fundstrat exec Tom Lee, has said that there is a correlation between the equity market and the Bitcoin market. Lee says that Bitcoin with reach a new all-time high after the S&P 500 stock does as well.The cryptocurrency market is purported to be a break from
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