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The cryptocurrency market tends to move in one direction, which is mostly defined by Bitcoin’s price action. However, a recent report shows that several cryptos have proved to be highly uncorrelated. This feature makes them ideal to use as a hedge against the rest of the market. The most uncorrelated assets Investopedia defines the term […]

The S-word that dominated talk of blockchain shortcomings two years ago – ‘scalability’ – has been replaced by the I-word – interoperability. It’s the biggest problem that today’s blockchain projects are trying to solve, and the movement gained momentum this week with the launch of Syscoin’s Ethereum bridge. The decentralized bridging protocol enables the transferability […]

A Libra scam has appeared on Twitter to conduct a fake initial coin offering (ICO) of its coin LIBT. The account has existed on Twitter since 2018, but data from Etherscan has shown that the ERC20 token was created on Jan. 26. While the scammers claim more than 200 ETH has been raised privately, the […]

Breaking through the $9,000 mark seems to have pushed Bitcoin’s engagement through the roof. According to data from LunarCrush, Bitcoin’s social engagement has marked another 2020 high with almost 320 million unique engagements and it shows no sign of stopping. Everybody seems to be talking about Bitcoin A strong bullish wind has pushed Bitcoin’s price […]

Bitcoin is once again testing the $9,000 resistance level. As the flagship cryptocurrency attempts to break above this significant price hurdle, several technical indicators are turning bearish estimating that a retracement could be underway. Bitcoin could fail to break above resistance Over the last three days, Bitcoin surged over 10 percent from a low of […]

Significant efforts are being made to transition Cardano from a science project to an actual commercial product. According to Charles Hoskinson, the CEO of IOHK, heavy efforts are currently underway both at IOHK and at the Cardano Foundation to push product marketing and develop the commercial side of the blockchain. In a recent update, Hoskinson […]

John McAfee hopefuls that anticipate the Bitcoin price to hit $1 million in the next ten years will be left disappointed, according to an alternative BTC forecasting model. The popular stock-to-flow (S2F) model predicts that the Bitcoin price would hit $1 trillion by 2050 according to cryptocurrency analyst Stephen Perrenod. Over stock-to-flow, the analyst said […]

The 51 percent attack Bitcoin Gold experienced last week sparked an industry-wide debate about the security of the network. Many saw this as proof of BTG’s redundancy, but few focused on the problems in proof-of-work itself that enable these kinds of attacks to happen in the first place. Proof-of-work is less secure than we think […]

The cryptocurrency market appears to have started the week on a positive posture as the top cryptos by market cap are already posting significant gains. Now, some of the most prominent technical analysts in the industry have laid out their perspectives about Bitcoin, Ethereum, and XRP. The following technical analysis evaluates what these chartist have […]

Bitcoin has been caught within a relatively tight trading range over the past week, with BTC oscillating between weekly lows of $8,200 and highs of just under $8,800. The lack of decisive momentum has led some analysts to note that the cryptocurrency’s bullish market structure could be at risk of being invalidated in the near-term, […]