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Bitcoin’s intense strength seen throughout the past several days and weeks showed some signs of degrading today. This comes after BTC shed over $20 billion off of its market capitalization during its sharp $2,000 decline seen yesterday evening. The benchmark cryptocurrency is now flashing some signs of immense short-term bearishness, as indicated by a few […]

The BlockDown 3D virtual conference made an extremely successful debut in April, drawing in thousands of participants from across the globe who were interested in interacting with the prominent blockchain companies and speakers that attended the event. As global Coronavirus-related lockdowns persist, demand for access to quality presentations and thought discussions from blockchain industry leaders […]

Ethereum has been severely underperforming Bitcoin and some of its other counterparts throughout the past several days. This weakness has caused it to form a bearish market structure against its Bitcoin trading pair, leading many analysts to forecast that it was in for some serious downside in the days and weeks ahead. Buyers were able […]

Although Bitcoin’s market capitalization is still extremely small compared to that of other assets, like the dollar or Apple, the cryptocurrency is rapidly gaining traction with mainstream investors. Paul Tudor Jones, a multi-billionaire hedge fund manager, called BTC the “fastest horse” in the asset race, noting how the cryptocurrency looks like gold did in the […]

With cryptocurrencies, there are no cash flow statements or balance sheets an investor can analyze to get a good sense of their intrinsic value. This makes it hard for conservative Wall Street players like Warren Buffett — who analyze their investments by discounting cash flows — from dipping their toes into Bitcoin and cryptocurrency. According […]

Article by Cole Petersen with contributions from Joseph Young The Bitcoin (BTC) price plunged by 19 percent from $10,000 to $8,100 across major exchanges. The sell-off was so intense that Coinbase went down temporarily amid the drop. But, key data shows institutional investors are patiently investing in the cryptocurrency market. Grayscale, which operates the Grayscale […]

To most traditional economists, money is a combination of three core characteristics: a medium of exchange, a store of wealth, and a unit of account. Proponents of Bitcoin have argued for a long time that their favorite orange coin fits this bill. The cryptocurrency can be easily transferred digitally at relatively low cost, BTC has […]

China’s digital currency, the DCEP, is currently in the advanced testing phase, with leaked images showing that the China Construction Bank already runs the alpha version of its DCEP app. It is still unclear when the app will be officially launched. Alpha version of the first DCEP app in the works The crypto industry got […]

The Bitcoin (BTC) price reached as high as $10,060 on Coinbase, rising by more than 160 percent in 56 days. After such an extended rally, BTC is typically at risk of a severe correction. This time, it is showing signs of actual accumulation and strong buyer demand, which reduces the probability of a large pullback. […]

Ethereum co-founder Vitalik Buterin believes the protocol might play an important role in the future of state-backed digital currencies. Presumably, his comments come after rising fears of global inflation and the Federal Reserve’s incessant money printing. Political instability and Ethereum’s role On May 7, Buterin spoke to Defiant founder Camila Russo in a podcast as […]