Altcoin Crypto Analysis Cryptocurrency News Litecoin

Litecoin to break out of the wedge; key test ahead as coin looks to recover lost ground

Litecoin [LTC], has not had a good few weeks. The digital silver, the fifth largest coin in the market by market capitalization, has been reeling since its halving at the beginning of the month. At press time, the cryptocurrency was trading at $74.14, down by over $25 since the beginning of the month and by […]

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Bitcoin Cryptocurrency News Ethereum

Bitcoin v. Ethereum v. XRP: A comparative analysis of their distribution

There has been a recurring argument about the distribution of tokens and pre-mining of coins, especially for Bitcoin, Ethereum, and XRP. Some argue that the pre-mining and allocation of funds to founders/company has to be done to stay afloat. However, others disagree. This a touchy topic that dips its toes into ethics and morality. Bitcoin […]

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Bitcoin Cryptocurrency News

Study Suggests Scarcity Could Drive Bitcoin Price to $60,000 by May 2020

Bitcoin price predictions have been coming thick and fast in recent months as the world’s top digital asset recovers from an almost year-long bear market. Some are just pie in the sky, but others have delved deeper into what could drive BTC prices to a new all-time high in the months ahead. Scarcity Will Increase Read more…

Bitcoin Cryptocurrency News

Coinbase: Institutional Folks Buying $200-400M Worth Crypto A Week

Brian Armstrong talked about institutional investors in the cryptocurrency space on Twitter earlier this week, saying the question of whether or not institutions will adopt cryptocurrencies has been answered. Coinbase is reportedly seeing hundreds of millions of dollars per week pouring in from legacy financial institutions. Custody Woes The main issue cited by institutions looking Read more…

Bitcoin Cryptocurrency News

Here’s Why Bakkt Launch Is a Blessing For Bitcoin Holders

Yesterday’s big announcement that regulatory approval has been granted to Bakkt could be the best news bitcoin investors have had this year. It opens the door to institutional investors and is a huge step forward for crypto industry legitimization in the US. Bakkt To Launch Next Month After months of procrastination, the new cryptocurrency trading Read more…

Bitcoin Cryptocurrency News

Bakkt Wins Regulatory Approval to Launch Bitcoin Futures

Bakkt has won approval from US regulators to trade physically-settled bitcoin futures, a move many believe would legitimize the cryptocurrency industry before institutional investors. The Intercontinental Exchange’s subsidiary announced on Friday that the New York Department of Financial Services (NYDFS) had given them clearance to acquire a New York state trust charter. That would provide Read more…

Bitcoin Crypto Analysis Cryptocurrency News

No Friday Feeling For Bitcoin As It Falls Back to Four Figures

A very short lived foray into four figures for bitcoin yesterday was over before it really began. The recovery showed all signs that there are just too many buyers lurking below $10k. However, a different picture is unfolding this Friday morning as Asia again dictates the direction of flow for BTC markets. Bitcoin Back Below Read more…

Bitcoin Cryptocurrency News

Bitcoin is Not Acting Like Safe-Haven: Ikigai Founder

Bitcoin is not behaving like a safe-haven asset as fears of recession shadows over the US economy, believes Travis Kling of multi-strategy crypto asset hedge fund, Ikigai Asset Management. Bitcoin Yet to Shine The founder & CIO on Wednesday referred to bitcoin’s dwindling price action against an already gloomy macroeconomic outlook. Recognizing that investors should Read more…