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Bitcoin, Altcoin Prices Drop Below USD 10,000 Leaving Analysts Stumped
29.8.2019
Bitcoin and altcoin prices have tumbled below the key USD 10,000 mark, with prices plummeting by USD 600 in just half an hour – although optimistic traders say they intend to “buy the dip.”
Prices had been steadily fluctuating above the USD 10,200 mark on the evening of August 28. But just before...
ERC20 Tether Transactions Flip Their Omni Equivalent
29.8.2019
Crypto enthusiasts have noticed that the Ethereum blockchain has come awfully close to reaching capacity due to the added transactions stemming from the Tether (USDT) network. The transaction count since mid-August shows the ERC20 version of tether has surpassed the original version that uses BTC....
Tether Paid USD 267K in Ethereum Fees Last Month
27.8.2019
The most popular stablecoin, Tether is the largest payer of gas fees on the Ethereum blockchain, followed by a reported scam, then a cryptocurrency outside the Top 100 coins and is even larger than a major decentralized exchange, according to the ethgasstation.info data.
In the past 30 days, Tether...
Beyond USD: The Next Frontier for Stablecoins
27.8.2019
The next generation of stablecoins will eschew the U.S. dollar as their basis, writes Bitspark's George Harrap
This is How the USD 10M per BTC 'Thought Experiment' Would Look Now
26.8.2019
Source: iStock/pixel_dreams
Ten years ago, Harold Thomas Finney, cryptographer and crypto pioneer who worked closely with Bitcoin creator, Satoshi Nakamoto (or some say he's Satoshi himself), did a thought experiment and found out that one bitcoin (BTC) would be worth a whopping USD 10 million...
Did Someone Just Buy 45 Bitcoins for USD 14?
23.8.2019
Users of Singapore-registered cryptocurrency exchange BitMax (39th by reported trading volume) are scratching their heads as it looks like someone managed to buy 45 bitcoins for USD 14 today, which would normally cost c. USD 458,100.
Today, a screenshot started to circulate in social media...
Ethereum Classic is the Only Green Spot as BTC Dives Below USD 10K
21.8.2019
While nearly all the coins in the top 100 in terms of market capitalization are in red today, Ethereum Classic (ETC) remained the only green spot among the top 20 largest tokens on Wednesday.
Its 24-hour gains fluctuated from 12% to less than 1% and still might turn red as bitcoin price dropped...
Stellar Price Analysis: Stellar (XLM) Under Huge Market Pressure; Price Drops To USD 0.066
21.8.2019
Stellar (XLM) price takes a steep drop on the intraday price chart. The traders are eyeing for a heavy recovery soon. Stellar (XLM) is currently dealing with the bears. The recent improvement in the coin gave some hopes to the traders, but again the same got ruined due to the current market...
Litecoin (LTC) Price Analysis: The Coin is Moving Slowly Toward $80; The Immediate Resistance is Around 78 USD
20.8.2019
Amidst the stream of negative news regarding Litecoin, Charlie Lee revealed that Litecoin controls 98 percent of the hash rate for its “Scrypt” mining algorithm. The dominance of the foundation is critical for the security of LTC. Meanwhile, other coins having minority stakes that are more prone...
The World Bank Sells Additional 33.8 Million USD of Its Private ETH Blockchain Bonds
20.8.2019
According to the latest buzz, the World Bank has successfully issued the 2nd bout of its iconic blockchain bonds. Additional 50 million Australian dollars (worth about 33.8 million United States Dollars) have been raised by the Bank. It was accomplished through sales of the bond-i (debt instrument...
20 Crypto Jokes on the Way Back to USD 20K per Bitcoin
17.8.2019
This week in Bitcoin news: BTC dropped to USD 10.5K, while Ether and XRP remained steady and BCH rallied, then it dropped below USD 10K, then it went above USD 10K...This happened a few more times. Your first visit to the Cryptoworld? No need for a heart attack, this is normal around here....
Ponzi Accused of USD 2B Heist & BTC Crash, Analysts Disagree
16.8.2019
In the past couple of days, the Cryptoverse was filled with discussions about an alleged Chinese ponzi scheme selling bitcoin and causing a crash, but according to cryptocurrency analyst group TokenAnalyst, that may not be the reason.
Dovey Wan, a founding partner of California-based investment...
Ripple Gives Away USD 263M in XRP that Lost 27% of its Value this Year
15.8.2019
Source: iStock/isa_ozdere
Xpring, Ripple’s investment vehicle, said it made a XRP 1 billion (USD 263 million) grant to the in-browser payment processing startup Coil.
The goal of this grant is two-fold: drive the adoption of XRP and improve Coil’s business model so to enable the creators...
Electroneum Price Analysis: ETN Has been Devalued against USD Overnight
15.8.2019
Electroneum (ETN) is one of the emerging coins in the market, and it has been under pressure for the last few weeks now. However, the coin is likely to turnaround its situation a little later this year. We should now analyze the current details of the coin. Electroneum Current Statistics...
Bitcoin Dives Below USD 10K Again, Crypto Market is Down 8%
15.8.2019
Source: iStock/hocus-focus
As the sell-off in the crypto market is continuing this week, the most popular cryptocurrency, bitcoin, just took one step lower and now trades below USD 10,000, or the level last seen on July 31. Among the top 100 coins only a few are in green.
At pixel time (05:00 UTC)...
Tron Price Analysis: TRX Price establishes stable momentum at USD 0.020
14.8.2019
Tron price was expecting a downtrend. Contrary to the belief, the coin kept itself hooked at $0.020. The entire market is slipping, but coins like Tron is showing a remarkable potential and staying put. The stability is indicating towards a better time ahead. TRX coin has shown commendable momentum...
Bitcoin Drops to USD 10.5K, Ether, XRP Remain Steady, BCH Rallies
14.8.2019
Bitcoin once again saw losses this week after having sold off on both Monday and Tuesday, as traders rushed to take profits after the rally seen earlier this month.
At pixel time (05:20 UTC), bitcoin (BTC) trades at c. USD 10,576 and is down by 7% in the past 24 hours and by 9% in the past week....
Binance DEX About to List TrustToken’s GBP, USD, HKD, CAD, and AUD Stablecoins
8.8.2019
Binance Decentralized Exchange (DEX) is all set to list as many as five new stablecoins on its platform. All the five stablecoins pegged to fiat are from the recognized issuer TrustToken, a firm backed by the renowned venture capital company Andreessen Horowitz (also known as a16z). TrustToken...
Currency War Erupts as US and China Bring Out the Big Guns
6.8.2019
What started out as a trade dispute between the world’s two largest economies is now a full-blown currency war as the U.S. and China bring their big guns to the battlefield. The impact on the global financial markets was immediate and severe, driving up safe-haven assets as ordinary people...
Bitcoin Rallies Past USD 12,000, Altcoins Gaining Momentum
6.8.2019
Yesterday, we saw the start of a strong rise in bitcoin price above the USD 11,200 and USD 11,500 resistance levels. Later, there was a downside correction, but dips remained supported in BTC/USD near USD 11,400. As a result, the price resumed its upward move today and climbed more than 5% above...