Blockchain Cryptocurrency News

Chinese Blockchain Revolution Sees 10,000 Newly Added Firms in 2020 Alone

China’s blockchain growth in terms of newly added firms in 2020 has surpassed the total figure seen in 2017. With support from the government, startups dedicated to developing decentralized ledger technology (DLT) are increasing in number with the country looking to dominate the emerging digital landscape. Current 2020 Figures Topple 2017’s Total In a tweet Read more…

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Bitcoin Cryptocurrency News

Celebrating The History And Spirit Of Bitcoin Independence Day

This article originally appeared in our Weekly Bits newsletter. If you want our news and analysis before anyone else, make sure you subscribe now! In my view, Bitcoin Independence Day is a holiday that says a lot about the BTC community. Its origins are highly technical and difficult to understand, the “independence” it celebrates refers to Read more…

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Cryptocurrency News DeFi

The entire DeFi market is worth less than XRP or Bitcoin Cash, despite the frenzy

The DeFi market has exploded in recent times, bringing back ICO-like returns on some projects. But a recent report said that despite the frenzy, the sector remains a fraction of the crypto space and is worth less than XRP or Bitcoin Cash. Even Dogecoin worth more Ryan Watkins, an analyst at Messari, tweeted yesterday that Read more…

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Bitcoin Cryptocurrency News

Bitcoin’s Latest Surge Higher Is Extremely Positive: Factors to Consider

For the past month, Bitcoin has effectively flatlined in an extremely tight consolidation pattern. Prices have been locked in a ~7% range between $8,900 and $9,400. Earlier this week, the cryptocurrency began to resolve the consolidation by inching higher. This culminated in a strong surge higher that peaked on Thursday, when BTC hit $9,650 on Read more…

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Bitcoin Cryptocurrency News

Why a Trader Is “Cautious” in Longing Altcoins as Bitcoin Pushes $9,600

Altcoins have seen explosive growth over the past few weeks, but Bitcoin has recently regained the spotlight. With BTC and Ethereum (ETH) seemingly poised to begin to trend, investors are hesitant to go long on altcoins. Certain altcoins are already seeing harrowing pullbacks, dropping dozens of percent from their local highs established earlier July. As Read more…

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Altcoin Cryptocurrency News

Chainlink (LINK) May See a Major Crash as Textbook Bear Signal Flashes

Chainlink has been one of the best-performing crypto assets of the past few weeks and months. Since the lows under $2 seen in March, the asset has more than quadrupled, trading as high as $9.00 earlier this week. The asset’s strong performance comes on the back of an influx of fundamental developments. READ: Ripple Vs. Read more…

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Bitcoin Cryptocurrency News

Prominent Investment Strategist Gives 3 Reasons to Buy Bitcoin

Despite Bitcoin’s strong bounce from the March lows of $3,700, some remain decisively bearish on the leading cryptocurrency. Take Peter Schiff, for instance. The prominent gold bull and cryptocurrency skeptic recently wrote that he thinks the asset will soon break below $9,000, arguing that Bitcoin remains in the midst of a brutal bear market. “Gold Read more…