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Speculation Abounds Over the Cause of Bitcoin’s Recent Rally


Crypto’s most recent bull run began last Friday, October 25, after a significant plunge in prices just days earlier that had some prognosticators worried about a return to late 2018 and early 2019’s bleak crypto winter. Since the recent spike, prices have held relatively steady...

Bitcoin and Altcoins Remain In Strong Uptrend


Recently, there was a downside correction in bitcoin price below the USD 9,500 support area. However, BTC/USD remained well supported above the USD 9,000 and USD 9,050 support levels. The price is currently (09:00 UTC) moving higher, but facing a few key hurdles near the USD 9,580 and USD 9,650...

Why Bitcoin is the Best Coin to Mine and Still Makes for a Profitable Venture?


The evolution of the cryptocurrency concept has led to the development of a whole new ecosystem in today’s modern economy. Digital coins require several supporting technologies that include the likes of blockchain and the internet, among others. Also, the role played by the internet of things (IoT)...

China Ranks 35 Crypto Projects as President Xi Pushes Blockchain


China has been on a roll with a series of crypto-related announcements. President Xi Jinping’s speech to accelerate the development of blockchain technology in China was followed by the passing of a cryptography bill. Meanwhile, China’s Center for Information and Industry Development...

Bitcoin Cash Price Rallies on Bitmain Drama


Jihan Wu. Source: a video screenshot, Youtube, Chamber of Digital Commerce Bitcoin Cash (BCH) rallied today, surpassing USD 290 for an hour, on reports that the prominent supporter of BCH, Jihan Wu is back as the CEO of major crypto mining company Bitmain. At pixel time (07:02 UTC), BCH trades...

Why Central Banks Are Not Designed for Democracies


Through their policies, central banks exert tremendous influence over the socio-economic conditions in a country and its business environment. Their decisions are so powerful that it’s obvious they are part of the government. But most people would be surprised to find out that central banks...

After Breaking New Records Bakkt Announces Crypto Consumer App


Following the all-time record of 1,179 contracts on October 25, Mike Blandina, Bakkt’s chief product officer, revealed the firm is launching another strategy after announcing its December options launch. Bakkt is releasing a consumer application so retail investors can “unlock the value...

Stealth Miners on the BCH Network Attract Scrutiny


In roughly 17 days, the Bitcoin Cash network will upgrade by adding two new features to the protocol. Meanwhile, prior to the forthcoming changes, a large percentage of the BCH hashrate is being processed by unknown miners. Crypto proponents have been very focused on the hashrate and BCH pool...

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