Bitcoin in Reaccumulation? Bitcoin hasn’t been doing too hot as of late. After hitting $13,000 last week, BTC has dipped, as bulls have failed to pick up the pace. Indeed, volumes have begun to drop, sentiment has begun to dip, and Google Trends interest for “Bitcoin” and related terms are on the downtrend. This has Read more…
Property Taxes in Bitcoin? As much as some like to sugarcoat it, Bitcoin and other cryptocurrencies have seen minimal adoption. Use cases are limited, brick and mortar that accept digital assets are few and far between, and the public’s interest in this ecosystem is lackluster at best. Enter the small town of Richmond Hill, a Read more…
Bitcoin Still Somewhat Retail-Driven Over the past few months, there has been a whole lot of talk about Bitcoin becoming the next trend for institutions. Like mom & pop investors fueled 2017’s monumental run, investors today expect institutional money, the “smart money”, to drive cryptocurrencies upward. Thus, a narrative has formed. “The herd is here“, Read more…
Bitcoin to See 100% Gain in Q3: What? Since our previous report on the market, Bitcoin (BTC) has been able to see some short-term reprieve. As of the time of writing, the leading cryptocurrency is pretty much flat over the past 24 hours, posting no notable gains or losses to speak of. Altcoins are actually Read more…
Mike Novogratz, founder and chief executive of Galaxy Digital, the crypto-focused merchant bank, says bitcoin will be trading at $20,000 before the year is out. In a telephone interview with Bloomberg he also rode back somewhat on his previously reported statements about wishing he’d “sold more” when he offloaded some bitcoin as the price fell Read more…
Ethereum Passes One Million Daily Txs Ever since Bitcoin (BTC) passed $10,000, Ethereum (ETH) and its altcoin brethren have fallen out of favor with crypto investors. You see, where the leading cryptocurrency heads will dictate the price action seen in the rest of the market. But, investors and analysts have begun to eye Ethereum — Read more…
Last month, Naeem Aslam made a surprising Bitcoin (BTC) projection. Per previous reports from this outlet, he claimed that the leading cryptocurrency was poised to blast past $10,000, despite the fact that it was then struggling in the $8,000 region. He wrote: “If you are not ready then get ready, because the Bitcoin price is Read more…
ETH Rallies Alongside Bitcoin The crypto community is absolutely euphoric. Both Bitcoin (BTC) and Ethereum (ETH), two of the largest cryptocurrencies, have been rallying over the past few days. Over the past day, according to Coin Market Cap, Ethereum is up 5.5%, pushing $309 for the first time in over ten months. Bitcoin has followed Read more…
Next Bitcoin Boon As more news has been published in regards to Facebook’s crypto venture, experts of Bitcoin (BTC) have begun to speculate as to what effect the social media giant will have on cryptocurrency. Some are taking this discussion cynically, screaming that the Silicon Valley firm’s foray into the industry is a “Trojan horse” Read more…
Litecoin May Run Into Late-2020’s Halving Just as Bitcoin (BTC) has so-called “halvenings”, Litecoin (LTC) does too. While the popular altcoin is different than its proverbial godfather, sporting a different block hashing algorithm, quicker block times, and a different focus, Litecoin has block reward reductions built in. Ever four years, the amount of LTC issued Read more…