Bitcoin Cryptocurrency News

Why Has Bitcoin Become A Leading Indicator For The S&P 500?

Yesterday, there was complete and utter carnage across the global financial market. Bitcoin fell over 10% by the daily close and breached below $10,000 at one point before bouncing. The stock market also saw the largest single-day loss since June.  But why did Bitcoin suddenly lead the stock market almost tick for tick on price Read more…

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Altcoin Blockchain Cryptocurrency News

Stellar Leaps 12% Following Samsung Collaboration; Why a Bigger Uptrend is a Challenge

Stellar price rose higher late Thursday following its integration into the Samsung Blockchain Keystore. The XLM/USD exchange rate logged a 12 percent increase on a 24-hour adjusted timeframe, a move that took the pair out of a one-year-long consolidation range. The standout performance appeared despite a bearish mood across the top cryptocurrency tokens. Stellar was Read more…

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Bitcoin Cryptocurrency News

Crypto Markets See Red as Bitcoin Begins Correction, How Low Will BTC Drop?

Market corrections are healthy and necessary after a long period of gains. Bitcoin remains above $10k this morning but pullback potential is growing as the altcoins start to see red. Crypto markets hit a peak total capitalization of $308 billion yesterday before one swift dump resulted in an $18 billion outflow. A very slight recovery Read more…

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Binance Bitcoin Cryptocurrency News

Bitcoin Still King: Trading Dominance on Binance Remains Above 40%

Crypto exchange giant, Binance, recently published its monthly review which highlights that trading dominance for bitcoin has held above 40% for five consecutive months on the platform. Bitcoin Trading Dominance High According to Binance Research, bitcoin trading dominance represents the respective volume contribution from bitcoin trading, with it as a base currency, relative to the Read more…

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Blockchain Cryptocurrency News

Stellar (XLM) Surges 14% Following SDF’s Massive 55 Billion Lumens Token Burn

The Stellar Development Foundation (SDF), a non-profit entity established in 2014 to support the ongoing development of the open-source Stellar protocol, has burned 55 billion of its XLM tokens, which accounts for half of the digital currency’s circulating supply. Denelle Dixon, CEO and executive director at the SDF, confirmed during the Stellar Meridian conference on Read more…

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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…

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Bitcoin Blockchain Cryptocurrency News

John McAfee: Bitcoin Custody To Become The Standard

Since Bitcoin came into being, we have a global decentralized digital cash system that can bypass the entire banking system. But like cash, it has its own set of risks. If you lose the keys to your coins, you lose the coins. Bitcoin investors know about it, but it scares new users and they’d rather Read more…