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Blockchain analysis firm Chainalysis has issued a new report suggesting that PlusToken, the multi-billion-dollar Ponzi scheme widely suspected to have been driving down the price of Bitcoin with mass liquidations, could have misappropriated less crypto than previously alleged. The report claims several individuals associated with the now-collapsed crypto wallet scam have liquidated about 25,000 BTC […]

Bitcoin’s upcoming mining rewards halving has long been looked upon as the most immediate impetus for the next BTC bull run, and the hopes that have been pinned on this event have only inflated in recent times as the cryptocurrency remains caught within a firm downtrend. If history repeats itself, this event will catalyze the […]

Privacy-focused browser Brave shows no signs of slowing down as it reached a new milestone three weeks before the end of the year. According to data from BATGrowth, there are currently more than 350,000 verified publishers on the platform and over 220,000 BAT addresses. 350,000 publishers support Brave’s effort to revolutionize advertising Few companies in […]

Cardano celebrated the launch of the Shelley incentivized testnet, as it debuted with hundreds of pools and over 2.6 billion ADA staked. The testnet currently has 281 staking pools, which is 10 times more than EOS’s 21 and Tron’s 26. Incentivized testnet shows promising results for Cardano After months of anticipation, the incentivized testnet for […]

The top three cryptocurrencies by market cap, Bitcoin, Ethereun, and XRP, entered a stagnation phase that extended for the past 24 days. The low levels of volatility could be a signal that these cryptocurrencies are due for some price action. The following technical analysis will explore where BTC, ETH, and XRP could be heading next. […]

According to data from the market intelligence platform Glassnode, most Bitcoin investors are unfazed by the volatile market and Bitcoin’s abrupt 50 percent drop in the past five-month. According to Glassnode: “[The Unspent transaction output] metrics suggest that investors are staying put despite being at a loss.  After Bitcoin’s local top in June, fewer transactions […]

While Bitcoin is an asset independent of central banks, of banks, and of Wall Street, the cryptocurrency’s strength and underlying value proposition have become increasingly dependent on events in the traditional financial world as this fledgling industry has grown. Now, some say that Bitcoin’s value is primarily dictated by events taking place and trends forming […]

Over the past week, Bitcoin has found itself flatlining, establishing a tight range in the low-$7,000s as volume tapers off. This consolidation has forced the Bollinger Bands, a technical analysis tool often used by traders looking for more information about trading ranges and volatility, for Bitcoin to reach “squeeze” levels, implying that volatility is on […]

Analysts have long pointed to Bitcoin’s lack of mainstream credibility as one primary factor that has been stunting its growth, but this appears to be shifting, as prominent economics professors at a major Ivy League university are now advocating for all investors to allocate Bitcoin and a handful of major altcoins to their investment portfolios. […]

Ethereum has seen an increase in user activity throughout 2019. Backed by the strong growth of DeFi, the ecosystem is expected to expand rapidly entering into 2020. According to Joseph Lubin, the co-founder of ConsenSys which is considered to be the largest blockchain development software firm, the fundamentals of Ethereum are strengthening. Optimistic numbers for […]