News

Due to the fact that it is an illiquid asset, Bitcoin’s day-to-day price movements are unpredictable. Just think back to late-October of last year, when the price of the leading cryptocurrency suddenly surged by 42 percent in a day’s time, or earlier this week, when BTC tanked below $7,000 to only see a surprise recovery […]

According to the latest Coin Metrics report, 2019 has been a record-breaking year when it comes to crypto adoption. Addresses with a balance of at least $10 increased for most of the major cryptocurrencies, as did their prices, showing that the retail market was thriving despite pessimistic predictions. Coin Metrics state of the market report […]

Stephen Ehrlich is a veteran in the capital markets space. He has worked in the industry for more than 25 years, starting out his career at TIR Securities, an institutional brokerage that was sold to E*TRADE Financial. Ehrlich was asked to join E*TRADE Financial and spent seven years at the company, ultimately rising to the […]

Just after regional authorities reportedly urged Bitcoin miners to reduce electricity consumption in Sichuan — a province that could account for up to 50 percent of global hash power — BTC’s hash rate rocketed to a new all-time high. Asia Times reported December 29th that Sichuan state authorities held a meeting with local power operators […]

Ethereum went through a network update that delays the difficulty bomb. Although the mining difficulty will remain the same, different technical analysts are starting to turn bullish on ETH. The Muir Glacier update On Jan. 2, at Block number 9,200,000, the Muir Glacier hard fork was completed on the Ethereum blockchain. The network update was […]

Nikolai Mushegian, the former technical partner at blockchain project MakerDAO, donated 3,200 MKR to his alma mater, Carnegie Mellon University. The Pittsburgh-based university is also set to receive another 6,800 MKR over the next 1 to 3 years to research dapps and protocols for Web3, Mushegian said. Carnegie Mellon University receives 3,200 MKR for Web3 […]

The development has officially begun on Litecoin’s implementation of Mimblewimble extension blocks, a feature that will bring confidentiality to the sixth-largest cryptocurrency by market capitalization. The news comes nearly a year after Litecoin creator Charlie Lee announced the intention to improve LTC’s fungibility by enabling confidential transactions, and a month after the Litecoin Foundation began […]

The Ethereum (ETH) blockchain survived what appeared to be an intentional attack on December 31, which reportedly came very close to bringing down the entire network. Liam Aharon, an Australia-based blockchain developer, confirmed that the attack exploited a software glitch in a widely-used Ethereum client, called Parity. As noted by Sergio Demian Lerner, a cryptocurrency […]

Bitcoin has wound up as 2019’s top-performing commodity despite its exclusion from the majority of commodities market wrap-up reports. With an annual increase of 90 percent, the number one cryptocurrency by market capitalization beat by a significant margin Palladium (+57 percent), U.S. crude oil (+35.8 percent), and nickel (34.1 percent), according to data from Reuters. […]

For a second consecutive year, long liquidations dwarfed that of shorts by more than two-fold. In 2018, long liquidations reached $11 billion by the year’s end while short liquidations hovered at $5 billion. In 2019, long liquidations have totaled nearly $13 billion. What precedent does it set for the trend of Bitcoin in 2020? Bitcoin […]