As you are likely aware, some time in May this year, the Bitcoin network will experience its third halving event. The increased awareness of Bitcoin since the last halving event in 2016, has meant a flood of predictions this time around. 5,333% Bitcoin ROI Between Halvings As pointed out in a tweet by CryptoBull, the Read more…
Ethereum has had a couple of miserable years in terms of price but development on the world’s largest smart contract and dApp platform has continued. Speed and scalability are the keys for mass adoption and a solution is already being developed. Ethereum Evolution Ethereum’s infighting in 2016 and 2017 has been replaced by co-operation and Read more…
This week will see an adjustment in bitcoin difficulty which will affect miners and could influence prices. The asset just closed its first large green weekly candle for three months so a trend reversal could also be in play. Bitcoin Difficulty Increase Difficulty on the bitcoin network is a measure of how problematic it is Read more…
Between June 22 and July 15, XRP dropped by almost 44%, from $0.50 to $0.283. Since then, the coin has been unable to rise above the $0.34 mark, though that may be about to change in the coming months
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Bitcoin celebrates the 11 year anniversary of its first clear use case, a peer-to-peer trustless transaction. The first transfer happened between the wallets of now-legendary Satoshi Nakamoto and cryptographer Hal Finney. Bitcoin Transactions Picked Up Between Early Adopters Transactions were relatively slow to pick up in the early days, as bitcoin initially had to accrue Read more…
Bitcoin arose as a pretty high-minded idea, engendered in specialized cryptography forums. In its early days, its merits have been discussed by communities like the LessWrong forums. Bitcoin Gained a Bad Reputation in its Early Days Crypto assets and Bitcoin, in particular, gained a public image of being a simple-minded Internet coin, used by gamers Read more…
Bitcoin price predictions are always a point of contention. They have ranged from mind-blowing seven-figure surges to more sedate extrapolations of current market conditions. One industry executive thinks it is quite plausible for BTC to be $50k by the end of 2020 and here’s why. Speaking to Bloomberg, Nexo founder Antoni Trenchev said that company Read more…
According to recent statistics, after the Muir Glacier hard fork, Ethereum block times dropped by 25%, going from 17 seconds to 12.69 seconds. The Ethereum blockchain has seen a lot of activity in the past month. After two hard forks and numerous difficulties, the project is once again making headlines, as recent statistics show that Read more…
Bitcoin witnessed a turbulent 2019 and in spite of high volatility in the market, the king coin registered an impressive growth north of 90 percent. In Coinmetrics’ recent State of the Network repo
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The year is coming to an end, and a lot of people have started thinking about minimizing their tax burden. If you’re a bitcoin investor, things get even more complex. The IRS recently sent out 10,000 letters to cryptocurrency investors, and this is an indication of how serious they are when it comes to cryptocurrency Read more…