Cryptocurrency Analysis and News Portal
Overstock CEO and Medici Ventures President Jonathan Johnson has been betting on crypto companies for most of the last decade. Now he believes these investments are finally ready to enter the real world.In an interview at the Digital Money Forum during CES 2020, Johnson talked about Medici's portfolio of companies
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The premium of bitcoin on Bitfinex has dissolved in recent months. It is trading at a similar price range as spot exchanges and the last time it did, which was in August 2019, a brutal correction followed.There are many factors at play when bitcoin often enters a short-term bear market.
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Six months after the U.S. Commodity Futures Trading Commission (CFTC) filed a complaint against Control Finance, the regulatory agency is yet struggling to capture the mastermind behind the crypto pyramid scheme.Filed mid-2018, the CFTC accused Control Finance and its Director Benjamin Reynolds of defrauding naive investors through a fraudulent crypto
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Ripple was rejected near the $0.2250 resistance area against the US Dollar, similar to bitcoin near $8,450. As a result, there was a downside correction in XRP below $0.2150 and $0.2100.Ripple price is down more than 10% and it is now trading below $0.2100 against the US dollar.The price even
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The chief economist at the International Monetary Fund (IMF) has said digital currencies are not about to challenge the U.S. dollar's pivotal role in global trade. In an op-ed for the Financial Times on Tuesday, Gita Gopinath, who took over as the IMF's chief economist in January 2019, wrote that
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The average block time on the Ethereum blockchain decreased by almost a quarter after the mining difficulty was decreased.Data reported on Ethereum block explorer Etherscan shows that from Jan. 1 to Jan. 4, the daily average block time on the blockchain decreased from 17.16 seconds to 12.96. This translates
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After a downside correction, bitcoin price found support near $6,860 against the US Dollar.The price is currently rising and trading nicely above the $7,400 resistance.There was a break above a major declining channel with resistance near $7,345 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).The price
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Ethereum has completed its second hard fork in less than 30 days.With the mining of block 9,200,000, the Muir Glacier upgrade has been implemented on the network. The block was mined today at 8:30 UTC.As of press time, 92 percent of ethereum clients were synced with the new upgrade, according
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There was a nice upward move in bitcoin price from the $6,435 low against the US Dollar.The price is now trading nicely above the $7,000 and $6,960 support levels.There is likely a bullish continuation pattern forming resistance near $7,180 on the 4-hours chart of the BTC/USD pair (data feed from
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Altcoins dropped severely during the recent retracement of Bitcoin (BTC) price to $6,400, which increased Bitcoin’s dominance above 70%. One of these coins is XRP, which took a hit of 20% and is currently valued at $0.19 per coin — or the lowest value in over two years — after
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