Bitcoin Cryptocurrency News

Institutions Definitely Here, Grayscale Reports Best Quarter Ever For Crypto Trusts

The markets may indicate otherwise as day traders turn bearish and start to sell again. But institutional investment products such as the Grayscale crypto trusts are growing in popularity as its latest performance report proves. Quarter of a Billion Into Crypto Since their peak this year, crypto markets have lost $160 billion in terms of Read more…

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Crypto Analysis Cryptocurrency News Ethereum

Ethereum’s falling wedge pattern formation could lead coin to $275

Despite a brief rally to $196 against the US Dollar last week, Ethereum retreated soon after and currently changed hands at $184.78, according to data from CoinMarketCap, with a market cap of 19.97 billion, at the time of writing. October has not been bullish for the coin and positive patterns are yet to gain prominence […]

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Bitcoin Cryptocurrency News

10 Years Since The First Bitcoin Transaction: 5050 BTC For $5

It’s safe to say that Bitcoin has come a long way since it was first introduced to the public. Interestingly enough, exactly 10 years ago on this same day, the first market transaction took place. Let’s have a look at how it went and where we are today. Bitcoin 10 Years Ago Exactly 10 years Read more…

Bitcoin Cryptocurrency News

French Government-owned Bpifrance Joins Lightning Network Developer ACINQ’s $8 Million Investment Round

Veronique Jacq, managing director of the Digital Investment Unit at Bpifrance, says that the institution is “convinced that bitcoin is becoming more and more obvious.” Jacq, who heads the partially state-owned French investment bank, stated that bitcoin is gradually becoming an important part of the global economy. In order to keep up with the latest Read more…

Bitcoin Cryptocurrency News Market

Rats Desert Sinking Ship: How PayPal Dumping Libra is Good For Bitcoin

Social media giant Facebook has been on the receiving end of a barrage of regulatory pressure since announcing its crypto project Libra earlier this year. As the digital ship starts to spring leaks before it is even launched, the rats are already deserting it. PayPal Pulls Out Global payments giant PayPal has announced its departure Read more…

Bitcoin Blockchain Cryptocurrency News

Why This Billionaire is Skeptical of Bitcoin & Crypto

Crypto Assets Aren’t Viable Crypto assets have been lauded as the future by many Silicon Valley technologists and investors. They believe that this new asset class holds the keys (pun intended) to unlocking another round of technological innovation. However, not everyone in the upper echelons of Corporate America has caught onto this trend. Mark Cuban, Read more…

Bitcoin Blockchain Cryptocurrency News Market

ECB President on Libra: Crypto Still “Limited” In Impact on Financial System

ECB President Not Too Worried About Crypto… Yet Earlier this year, Facebook famously unveiled Libra to the world. The cryptocurrency project, billed as a way to empower billions, quickly became the talk of the town, with the phrases “Libra” and “Facebook’s crypto/blockchain” gracing the notifications of the phones of millions. Unsurprisingly, central banks, governments, and Read more…

Blockchain Cryptocurrency News Market

Crypto vs. Stocks Investing: Comparison and Contrast

Since cryptocurrencies proved to be investing instruments able to generate returns, a lot of people currently trading stocks are thinking to add them in their portfolio. Some want to know how to get started in stocks while also diversifying using crypto to profit from both markets. Today we’re going to bust the myth claiming that Read more…

Bitcoin Cryptocurrency News

Bitcoin at $8K: Reason to Worry? Nope, Network’s Long-Term Metrics Are Just Fine

Just a couple of days ago, Bitcoin’s price plunged to $8,000, dropping $1,500 in less than an hour. This marked a decrease of around 14% and had quite a few people worrying whether the bull run of 2019 had reversed. A closer look at the state of the network and the long-term price trend, however, suggests Read more…

Altcoin Cryptocurrency News

Dead Altcoins: Overwhelming Number of Crypto Projects Without A Single Line Of Code Committed in 2019

ICOs were undoubtedly a hot trend back in 2017 and 2018 during the parabolic market movement and the subsequent decrease. Ever since then, their prominence has stalled and a recent report shows why that might be. Apparently, 640 out of 2000 reviewed ICOs haven’t added or written a single line of code in 2019 and Read more…