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Gold and Bitcoin Markets Tested, While Central Banks Try to Quell Stock Market Rout
13.3.2020
Central banks worldwide have been bracing for the worst, as the global economy has shuddered over the last seven days. On March 11, the Bank of England slashed rates by 50 bps bringing the base rate down to 0.25%. Meanwhile, Wall Street bankers and U.S. President Donald Trump want the Federal...
Market Update: Global Economy Jolts Bitcoin, Overall Crypto Cap Loses $50B
12.3.2020
Cryptocurrency markets are feeling a lot of pressure on Thursday, March 12, as the entire cryptoconomy has lost over $50 billion during the last three days. Digital asset prices dropped to the lowest levels since May 2019. Moreover, on five derivatives exchanges, more than $2.2 billion leveraged...
Stellar (XLM) Spikes by 10% in 2 Days Yet Appears Bearish
11.3.2020
Stellar (XLM), at the time of penning down this analysis, was trading around $0.0520, after having rose from the weekly bottom at $0.0469 XLM/USD price trend is experiencing a continual dip after recording a 90-day high at $0.0888 It has lost steady support from the 50-day and 200-day daily...
Crypto Market Sentiment a Bit Higher in 7 Days, but Brutal in 24 Hours
9.3.2020
The combined moving average 7-day market sentiment for the top 10 coins by market capitalization has somewhat recovered, barely passing the score of 5. It has risen from 4.84 which we saw last week to today's 5.08/10. However, as shown by Omenics, a crypto market sentiment analysis service, the...
Bitcoin History: When DDoS Attacks Made BTC’s Price Drop
7.3.2020
As anyone who has read the Bitcoin History series (or lived through the period in question) will know, the Bitcointalk forum was the crucible of debate in the early days. What’s less known is that – to quote one poster – “DDoSing this forum coincided with dumps on the then...
Monero Crosses Above $66 after Days of Sluggish Moves
5.3.2020
Monero’s value has been pumped up by 1.38%, and it is roaming around 67 USD, presently We can expect the next resistance to come around 67.44 USD The improvement in the overall condition of the market has boosted the confidence of investors. XMR coin is not escaped from the on-going bullish...
HODL Waves Chart Reveals Bitcoin Holders’ Firm Grip – 42% Hasn’t Moved in 2 Years
5.3.2020
According to a report written by Coin Metrics analyst Jacob Franek, as of March 1, 2020, roughly 42% of all BTC has not moved onchain in more than two years. The metric is the largest number since June 2017 and the study notes that “HODL waves” have grown larger. Also Read: Get Ready...
Iota Lays Out Plan to Re-Enable Network After 20 Days Offline
3.3.2020
This is the second time in the last three years that the Iota ecosystem has been at the receiving end of a major security breach
Record Breaking Interest – Observing the Predictive Power of Bitcoin Futures Over BTC Spot Prices
29.2.2020
Bitcoin futures providers have been seeing a lot of action during the last two weeks as cryptocurrency markets have been extremely volatile. Data shows there’s been significant open interest on both retail and institutional bitcoin derivatives exchanges and Skew research noted bitcoin options...
Catch Nomad Capitalist Live At Playa Del Carmen
28.2.2020
The premier offshore consulting firm Nomad Capitalist is bringing you the world’s #1 offshore conference. From September 16-19, 2020, take in the beauty of Playa del Carmen, Mexico while learning how to create a life of freedom and prosperity on a global scale. Nomad Capitalist Live is four...
Wikileaks Gathers $37M in BTC Since 2010 – Over $400K Sent After Julian Assange’s Arrest
26.2.2020
The world was shocked when Wikileaks cofounder Julian Assange was arrested in April after being cooped up in the Ecuadorian Embassy in London since 2012. Following his arrest, the original Wikileaks bitcoin address saw significant support as $32,000 worth of BTC poured into the wallet in two days....
Bitcoin Halving Will Drop Inflation Rate Lower Than Central Banks’ 2% Target Reference
25.2.2020
When Satoshi Nakamoto invented Bitcoin, the creator designed the protocol to be an inflationary currency, one that is predictable as bitcoin’s inflation always decreases every four years. Today, 77 days before the reward halving, BTC’s inflation rate is around 3.6% and it’s...
Crypto Derivatives: CME Volume Crashes 89% in 3 Days, SEC to Rule on ETF
24.2.2020
Trade volume for CME Bitcoin futures contracts have evaporated in recent days. The slump following a six-week increase of 500%
IOTA Network Down for 11 Days – Devs Claim Mainnet Will Be Operational Next Month
24.2.2020
The IOTA network has been down for approximately 11 days and the IOTA Foundation doesn’t expect the mainnet to be reactivated until March 2. On February 14, our newsdesk reported on the beginnings of the IOTA outage, when the network status page indicated that it was down. The page still...
Bitcoin Price Bullrun May Last 1000 Days as 2020 Now Best Average Year
22.2.2020
Bitcoin may still have 570 days of its bull cycle ahead of it, data claims as 2020 claims new record
Market Update: Bitcoin Halving Hype, Golden Cross Signals, and GBTC’s 41% Premium
19.2.2020
Cryptocurrency markets have seen fresh gains on Wednesday after the slight pullback that started two days prior. Most of the top 10 digital currencies by market cap have gained between 4-8% and the entire market valuation of all cryptos has hovered between $295-300 billion. Also Read: Voluntary...
Ripple is Like Amazon In Its Early Days, Says Brad Garlinghouse
18.2.2020
Jeff Bezos, Founder of Amazon in 1999, or five years after the company was founded. Ripple was founded eight years ago, in 2012. Image: a video screenshot, Youtube, CNBC
Ripple CEO Brad Garlinghouse says his company wants people to think of it as a blockchain infrastructure builder – adding that...
Decentralized Lending Protocol bZx Hacked Twice in a Matter of Days
18.2.2020
Decentralized lending protocol bZx was hacked two times just days apart, with a total loss of about $954,000
Binance Cloud to Allow Users to Launch a Crypto Exchange Within 5 Days
17.2.2020
Binance’s new exchange-specific cloud solution will allow users to set up an exchange within five days, CZ says
BCH Funding Debate: Btc.top Founder Suggests 2/3 Hash Vote and 6-Month Evaluation
17.2.2020
Over the last few days, Bitcoin Cash proponents have been debating the Infrastructure Funding Plan (IFP) after Bitcoin ABC published an announcement on implementing the plan into the upcoming software release. Again the concept was met with mixed responses and the community has been arguing about...