Binance Crypto Analysis Cryptocurrency News

Binance Coin (BNB) Price Climb Continues, Hits New All-Time High

The unreal price climb for Binance Coin (BNB), the seventh largest cryptocurrency by market capitalization, has continued into the fifth month of the year. On January 1, 2019, Binance Coin was trading for $6–down from the currency’s all-time high of $24.50 just a year before. While BNB had fallen more than 75 percent in value Read more…

Bitcoin Cryptocurrency News

3 Reasons The Current Bitcoin Price Rally is Fundamentally Different

Barry Silbert, Digital Currency Group founder and CEO, has been talking to Bloomberg about the latest Bitcoin resurgence. In particular, he discussed the factors making this time fundamentally different from rallies following previous drawdowns. Underlying Bitcoin Infrastructure Improvements Silbert first pointed out that 80 percent drawdowns have happened multiple times before, and each time Bitcoin Read more…

Bitcoin Cryptocurrency News

Gemini Owner: “Bitcoin (BTC) Is Gold 2.0. It Matches or Beats Gold across the Board”

Some crypto enthusiasts see Bitcoin three directions; as a store of value or as a digital currency, that is a medium of exchange, or as both. For Tyler Winklevoss, the co-founder of Gemini, a cryptocurrency exchange, Bitcoin is a store of value that has better features than Gold. He also seems to conclude that with Read more…

Cryptocurrency News

Mark Mobius Supports Bitcoin (BTC) After Previously Calling Cryptocurrency A “Fraud”

One of the most recognizable figures in investing has had a change of heart in his opinion towards Bitcoin and cryptocurrency. Mark Mobius, cofounder of Mobius Capital Partners, recently spoke in a Bloomberg podcast where he claimed that Bitcoin will be “alive and well” into the future. Despite his current positive attitude towards Bitcoin, Mobius Read more…

Blockchain Cryptocurrency News Market

Amazon Files Proof-Of-Work Patent Using Cryptography

Amazon this week filed a US patent for a Proof-of-Work system which uses cryptography to generate Merkle trees. The Bitcoin and Ethereum networks use such ‘hash trees’ to verify the content of large data structures. Proof-of-Work as a Tool Against DoS Attacks A Merkle tree is a fundamental component of a blockchain, whereby each non-leaf node Read more…

Bitcoin Cryptocurrency News Market

The Tiniest Fraction of a Bitcoin is Now Worth More Than 3 Fiat Currencies

Bitcoin has long been more ‘expensive’ per one BTC particularly compared to other fiat currencies. Now, its smallest unit known as a satoshi (or 0.00000001 BTC) is now worth more than some national currencies.   In an interesting Reddit thread, one Bitcoin enthusiast noted that, at the current rates, one Satoshi is worth more than one Read more…

Bitcoin Cryptocurrency News Ripple

XRP skyrockets by 21% in 24 hours as Coinbase activation pushes crypto over the moon

In the midst of Bitcoin nearing and then shattering ever major resistance level in the past few weeks, the third largest cryptocurrency has been sidelined. Ripple’s XRP has reaffirmed its third spot on the coin ladder, reawakened the bulls and is on a mammoth 6.5 percent hourly rise, unforeseen in the market. On the back […]

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Cryptocurrency News

Shark Tank’s Kevin O’Leary Calls Bitcoin (BTC) ‘Garbage’

One of Shark Tank’s most prominent investors has taken aim at Bitcoin and cryptocurrency. Kevin O’Leary, who also goes by the nickname ‘Mr. Wonderful’ on the show, recently appeared on CNBC’s Squawk Box and gave his negative opinion of Bitcoin. O’Leary told the host that Bitcoin is neither a valuable asset or a currency, but Read more…

Bitcoin Cryptocurrency News Market

Whole Foods and These Other Major Retailers Are Now Accepting Bitcoin

Whole Foods, Nordstrom, and Crate & Barrel can now accept bitcoin and other forms of cryptocurrency at their retail stores.  Spend Bitcoin at Whole Foods Whole Foods, Nordstrom, Crate & Barrel and many other retailers are now able to accept Bitcoin and other forms of cryptocurrency. This new payment option is enabled by a partnership Read more…

Bitcoin Cryptocurrency News Market

EBay Ads Tell World It Will (Finally) Accept ‘Virtual Currency’

Cryptocurrency users were celebrating fresh rumors about a major adoption push this week after hints suggested eBay might accept Bitcoin and altcoins. eBay: ‘Virtual Currency Is Happening’ According to photographs of marketing material from the ongoing Consensus 2019 conference in New York, eBay, which has 180 million users, is actively pursuing crypto payments. One of Read more…