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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 […]

UPbit, the largest crypto exchange in South Korea, was the only exchange to record a profit in 2018. UPbit is operated by Dunamu, a company heavily invested in by Kakao—one of the most influential internet conglomerates in South Korea. Every other major exchange recorded a substantial net loss, primarily due to the burst of the […]

The cryptocurrency market went through a correction after a bullish momentum that took it to new yearly highs. Some altcoins have already bounced off from critical support points giving signs of a continuation of the bullish trend. Basic Attention Token After hitting a low of $0.10 on Feb. 6, Basic Attention Token has risen almost […]

The last time bitcoin broke above $8,000 was in November of 2017 (following a 26 percent pullback 16 days earlier). The break marked a pivot point for the bull market of 2017, where BTC pushed upwards another 150 percent to reach all-time highs three weeks later. Today, bitcoin is surging above $8,000 level once again, […]

The Ethereum Foundation announced the achievements made over the last year and how it plans to allocate its resources over the next 12 months. Changes from the Ethereum Foundation The Ethereum Foundation has redefined its strategy to do what is best for the ecosystem focusing on where the most value can be added and allowing […]

Recent data revealed that every time Bitcoin has seen a pullback of 30 percent or more, it was always followed by a sharp rally. The world’s largest cryptocurrency gains, on average, 153 percent after every price drop, meaning that there will still be plenty of buying opportunities even in the bull market. Impending parabolic run […]

The European Central Bank (ECB), Eurozone’s chief financial regulator, has released its report on cryptocurrencies and their implications on the financial stability of the region. The paper took a neutral stance towards digital assets and said that they weren’t a threat to the economy. The European Union’s stance towards cryptocurrencies However, while the crypto industry […]

Bitcoin Cash reportedly suffered a 51% attack following its May 15 scheduled hardfork upgrade. Following Bitcoin Cash’s hardfork upgrade, an attacker exploited a vulnerability in the update that added invalid transactions to the pool of unprocessed transactions (the Mempool). One source claims these were “poison” transactions that made it so miners were unable to participate […]

The former headquarters of CrunchFund, a venture capital firm founded by Michael Arrington, was sold via Propy, a blockchain-powered real estate platform. The San Francisco-condo was sold for $1.6 million and is a testimony to blockchain’s growing popularity in real estate. Founder of TechCrunch closes sale on former CrunchFund HQ via blockchain Blockchain’s potential in […]