Bitcoin Cryptocurrency News

Crypto Spring Has Arrived; Institutional Money Will Move In: Barry Silbert

By CCN Markets: Bitcoin, the asset written off by many prominent economists after an enormous fall last year, has surged by more than 115% in the first half of 2019. The world’s largest cryptocurrency in May established a year-to-date high of $9,090 on Coinbase exchange. The price corrected downwards by more than $1,000 afterward. However, Read more…

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South Korea’s Biggest Bank U-Turns on Crypto With Custody Service

South Korea’s largest bank by assets, KB Kookmin, has partnered with a cryptocurrency startup to develop custody solutions. South Korea’s Kookmin U-Turns on Crypto Reported by local media outlet Business Korea June 11, Kookmin will now work with local company Atomrigs Lab, which is active in digital asset protection. The move marks a decisive change Read more…

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Bitcoin Mining Difficulty, Hash Rate Surge As BTC Holds Above $8,000: What Death Spiral?

Bitcoin Fundamentals Booming With BTC moving above $8,000, the fundamentals of the Bitcoin blockchain have also surged. As pointed out by industry researcher Kevin Rooke, Bitcoin’s mining difficulty has reached an all-time high of 7.46 trillion. The thing is, we’re still down by around 55% from BTC’s all-time high of $20,000, and public awareness of Read more…

Bitcoin Cryptocurrency News

Buying Bitcoin (BTC) Is Investing and Saving for Retirement

When talking about retirement investments, people usually focus on stocks. However, Bitcoin is proving to be a better retirement investment asset, even ahead of stocks, commodities, and other traditional investment vehicles. BTC Perception Is Improving Bitcoin’s popularity continues to grow all over the globe, despite the current bear cycle still keeping prices down. A research 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…

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Ripple is Monstrously Expensive after Explosive 2-Day 31% XRP Rally

CCN: World’s third largest cryptocurrency Ripple (XRP) has appreciated up to 31-percent against the US dollar in just two days. The XRP-to-dollar exchange rate Tuesday established an intraday high towards $0.405, up 25.05-percent since the market open on Luxembourg-based Bitstamp exchange. The pair dropped as much as 5.05-percent ahead of the European session to neutralize Read more…