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Bitcoin Cryptocurrency News

Bitcoin’s Latest Surge Higher Is Extremely Positive: Factors to Consider

For the past month, Bitcoin has effectively flatlined in an extremely tight consolidation pattern. Prices have been locked in a ~7% range between $8,900 and $9,400. Earlier this week, the cryptocurrency began to resolve the consolidation by inching higher. This culminated in a strong surge higher that peaked on Thursday, when BTC hit $9,650 on Read more…

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Bitcoin Cryptocurrency News

Why a Trader Is “Cautious” in Longing Altcoins as Bitcoin Pushes $9,600

Altcoins have seen explosive growth over the past few weeks, but Bitcoin has recently regained the spotlight. With BTC and Ethereum (ETH) seemingly poised to begin to trend, investors are hesitant to go long on altcoins. Certain altcoins are already seeing harrowing pullbacks, dropping dozens of percent from their local highs established earlier July. As Read more…

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Altcoin Blockchain Cryptocurrency News

Cardano (ADA) is closing in on Bitcoin SV’s status as the sixth-largest crypto

At the peak of the crypto bubble, Cardano (ADA) was the fifth-largest cryptocurrency, believe it or not. Near its peak, the cryptocurrency had a market capitalization in excess of $20 billion, only trading behind Bitcoin, Ethereum, XRP, and Bitcoin Cash. But over the course of the bear market in 2018 and 2019, ADA slumped. The Read more…

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Cryptocurrency News Ethereum

Analyst: It’s “Hard to See” Ethereum Going Fully Bullish Without Wall Street

Despite a brutal bear market that shook out most investors, Ethereum is fundamentally stronger than ever. David Hoffman, the CCO of RealT and a podcaster in the industry, accentuated this in the tweet below. The tweet notes that a number of Ethereum’s usage metrics and use cases are at all-time highs, despite the meager price Read more…

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Altcoin Blockchain Cryptocurrency News

Chainlink (LINK) Explodes 40%, Enters The Top 10: Monday Price Watch

Without any shred of doubt, today’s spotlight in the cryptocurrency market is entirely on Chainlink (LINK). The price for the token surged with about 40% to reach $8.480 on Binance and shatter all perceived resistances on the way up. Chainlink (LINK) Price Explodes All eyes are focused on Chainlink (LINK) as its price increased by Read more…

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Cryptocurrency News Ethereum

China: $15 million Ethereum scam ends in Ferrari showdown

A scam involving fake crypto exchange tokens, fast sports-cars, and mansions had all the ingredients of a Hollywood thriller—minus the bad guys going scot-free in the end. This week, authorities in China busted a local scheme perpetuated by college kids looking to make a quick buck; with the latter ending up making millions in the Read more…

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Bitcoin Cryptocurrency News

Why This Finance Author Advocates Bitcoin Over Gold and Real Estate

The global financial market is experiencing the greatest shakeup in nearly a century. Amidst the shuffle, one well-known finance author is advocating Bitcoin over other hard assets like gold and real estate. But why? Rich Dad, Poor Dad Author Urges Investors Toward Hard Assets Author Robert Kiyosaki is better known as Rich Dad, Poor Dad, Read more…

Cryptocurrency News

Why PayPal’s Upcoming Crypto Service is a Big Deal

Recently, rumors that PayPal is looking to begin offering cryptocurrency direct-sales began making headlines after insiders from the company, in addition to recent job postings looking for blockchain experts highlighted its renewed interest in cryptocurrencies. If confirmed, PayPal’s entry into the crypto space may result in a significant boon for the industry, by providing an Read more…