Category: Prices
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Edward Snowden ‘Felt Like Buying Bitcoin’ While Traders Hunt for the Market Bottom
Following three consecutive days of losses shedding $50 billion off the cryptoconomy, digital currency markets lost another $44 billion in a matter of hours on March 12. Not only did ‘Black Thursday’ wreck traditional markets, but gold and bitcoin felt the brunt as well. Amidst the sell-off, the whistleblower Edward Snowden said that he “felt…
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Market Update: Coronavirus Fears, Stock Market Crash, and Bitcoin Price Predictions
[youtube https://www.youtube.com/watch?v=7YEwUDSHjyY&w=560&h=349] Digital currency markets have been consolidating since the initial price drop on February 26 that saw $25 billion shaved off the entire cryptocurrency market. At the time of publication, the cryptoconomy is hovering just above the $245 billion zone and a few coins today are making slight gains. Also read: MTV Airs Only…
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Market Update: Bitcoin Halving Hype, Golden Cross Signals, and GBTC’s 41% Premium
[youtube https://www.youtube.com/watch?v=GL6vfYg2FKg&w=560&h=349] 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 Financing: Bitcoin Cash Devs Reveal Noncustodial…
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Bitcoin ATMs Grow in Number Reaching Almost 7,000 in Operation Around the World
ATMs supporting digital coins have increased parallel to the predominant trend on cryptocurrency markets since the beginning of 2020. With over 400 new devices added in January, the global total is now closing on the 7,000 mark. The sector has seen exponential growth in the past three years. Also read: Bitcoin.com Partners With Mecon Cash,…
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Tradeblock Estimates Post-Halving Mining Cost of $12,500 per BTC
On February 7, the blockchain analytics provider Tradeblock published a report about the upcoming BTC reward halving. BTC’s block reward is expected to halve on or around May 12, 2020, and Tradeblock’s report estimates that the cost to mine BTC will be over $12,500 after the halving. Also Read: The Controversial S2F Model Predicts Bitcoin…
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$10K Bitcoin Prompts Influencers to Call a Bull Market
Cryptocurrencies have gained significant value over the last few weeks and it’s causing exuberance among digital currency proponents. Now a number of traders and influencers believe bitcoin and other coins are in bullish territory. Despite the surge to $13K last July and the deep pullback that followed, BTC investors and influencers have no issue believing…
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Altcoin Season Trending – LINK, XTZ, BSTX, HBAR Gain Up to 120% in 24h
The last few days have shown bullish price activity across the list of top cryptocurrency markets. There’s been a lot of focus on coins like BTC, ETH, BCH, and EOS, but digital assets like HBAR (120%), STX (52%), XTZ (20%) and LINK (13%) have seen much larger gains this week. The cryptoconomy has surpassed the…
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Bitcoin’s $10k Value Pushed Down by CME Futures Price Gap
Just recently BTC prices surpassed the $10,000 zone and held above that region for around 24 hours. Some speculators believe the price of BTC dipped below the $10k range on Monday, after the price aligned with the price gap on CME Group’s global market exchange. During the course of 2019, crypto traders have noticed that…
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Ethereum vs Tron: Comparing Data, Defi and Stablecoins from Both Chains After Viral Tweet
On February 7, Cold Card and Opendime creator, Rodolfo Novak (also known as NVK), tweeted a picture of himself with Tron founder Justin Sun and Blockstream’s CEO Adam Back. Novak said “Ethereum was over” and the three had a plan to move Tron to Liquid, a network that leverages the BTC chain. Whether the tweet…
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4 ‘Bitcoin Contenders’ With Zero Use Cases and Barely Any Infrastructure
Cryptocurrency markets and the industry are extremely competitive and many users believe a single digital asset will reign someday, and that it may not be BTC. Over the last few years, many holders believe the assets they hold are bitcoin contenders with coins like IOTA, EOS, ADA, XRP, and XLM being popular choices. However many…