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Bitcoin, the world’s most dominant cryptocurrency, surged over 10 percent earlier this week to over $8,800. This is after the BTC price hit a low of $3,130 in December 2018. Andy Cheung: $20,000 is a “conservative” price prediction for Bitcoin Commenting on bitcoin’s latest price movements, Andy Cheung, the head of operations at OKEx, a […]

The price of the world’s largest cryptocurrency increased by almost 170,000 percent in the past seven years, which caused the United States dollar to lose nearly 99.99 percent of its value against BTC. The trend is surprisingly similar to the behavior of Germany’s Papermark during 1920s hyperinflation. Bitcoin’s price trajectory looks a lot like the […]

The IOTA Foundation announced the launch of Coordicide, a planned protocol upgrade which removes the network’s centralized coordinator. According to the press release, Coordicide aims to provide a new type of decentralized mechanism for securing data and digital assets on IOTA’s Tangle-based network. As mentioned in the release, IOTA’s Coordicide update will address three main issues […]

The software development team at J.P. Morgan Chase, the world’s sixth largest financial institution with $30 trillion of assets under custody, created a new privacy feature for  Ethereum protocol-based blockchain networks. The recently developed privacy feature allows users to hide transaction details including the amount being transferred and the address of the sender. Implementing Confidential […]

The circulating supply of the Winklevoss twins’ stablecoin Gemini Dollar (GUSD) is plummeting. From a peak market capitalization of more than $100 million in December of 2018, the coin recently hit new lows of $22 million. From a rank as the 49th most capitalized cryptocurrency in December, GUSD has now dropped to 200th place in the […]

Balaji Srinivasan, the former CTO of Coinbase and general partner at Andreessen Horowitz, believes that the “blockchainification” of every major web app is the obvious investment strategy for the next 10 years. Srinivasan shared his thoughts on the future of blockchain in a lengthy Twitter thread, revealing that the decentralization of everything is “inevitable.” The […]

According to Litecoin.com, the recent onchain metrics for LTC indicate that a “potential floor of support and intrinsic user interest” in the proof-of-work-based cryptocurrency has been established. Litecoin network sees increases across key data sets The team at Litecoin.com, an online resource for the latest information for ongoing development of Litecoin, argued that several onchain […]

Justin Sun caused the value of both TRON and BitTorrent to jump on Sunday morning after announcing that he might share a “huge” announcement on Twitter in the next few days. Tron’s Justin Sun pumps TRX by announcing a possible announcement Justin Sun, the founder of Tron and one of the most vocal crypto personalities […]

Since February, bitcoin experienced four consecutive months of price increases. BTC has gone up more than 168 percent, marking a new yearly high of $8,950 today. Bitcoin Technical Analysis On the 1-month chart, a series of support and resistance levels based on historical data can be drawn. These price points have acted as barriers, preventing the price […]

Amidst hyperinflation, a leadership crisis, and international interference, Venezuela’s crisis has come to represent the failings of modern finance and highlights how cryptocurrency could reshape it. Venezuela’s economy has been in a downward spiral for years, with extremely tight capital controls dating back to the early noughties limiting citizens from acquiring foreign currency. The political […]