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Bitcoin’s price action as of late has been rather lackluster, with the benchmark cryptocurrency struggling to garner any decisive momentum following its recent series of rejections at $10,000.
China’s aggressively pushing for blockchain development and digital currencies, with local sources stating the ongoing coronavirus pandemic may lead to an early release of the country’s ambitious digital currency project.
With governments and central banks around the world printing trillions of dollars, proving why the scarcity of Bitcoin is so fundamentally important, many have become extremely bullish on BTC and cryptocurrencies as a whole.
Since the peak of the last Bitcoin bubble in late-2017/early-2018, the vast majority of altcoins have collapsed dramatically from their all-time highs.
Bitcoin Cash (BCH) has suffered a drop in hashrate after its April 8 halving.
If ICOs were the theme of 2017, stablecoins of 2018, DeFi certainly looks like it’s dominating 2020.
Despite the global economy being virtually frozen, the S&P 500 and all other benchmark stock indices have been able to rally today, smashing through critical technical levels and potentially creating shockwaves that boost Bitcoin.
China’s leaving no stones unturned in its apparent motive to become a global blockchain leader.
An application built on XRP Ledger by a team funded by Xpring is looking to make a splash in the XRP community, courtesy of their Xumm mobile app.
Parabolic uptrends in the crypto market tend to be short-lived and followed by immense selloffs, but Chainlink has been able to buck this trend – being one of the few altcoins that has been able to post steady gains over the past year.
Bitcoin’s recent price action has largely favored sellers, as the benchmark cryptocurrency is currently trading down roughly $1,000 from its weekly highs of just over $9,800.
A Twitter user going by “MasterChangz” made quite the scare on Twitter on May 24 when he opined that Bitcoin’s “days are numbered” due to the improvement of computational technology.
For the longest time, a common narrative in the Bitcoin market has been that if the United States dollar rallies, the price of BTC will fall — just as the price of gold normally trends higher on a weak dollar.
There are now over 40 million addresses on the Ethereum network with a non-zero balance.
Bitcoin has seen heightened volatility throughout the past several hours, as it recently broke below the key support it had at $9,000 as buyers struggle to maintain the cryptocurrency’s mid-term uptrend.
Bitcoin-pegged ETH tokens remain a topic of a divide in the cryptocurrency community.
It’s a step forward and a leap backward for China’s mining industry.
In a world ravaged by the ongoing coronavirus pandemic, regulators around the are increasingly looking into cryptocurrencies and blockchain technology.
It’s been an expensive past three weeks for Bitcoin users.
Bitcoin is currently caught within a bout of consolidation within the lower-$9,000 region.
Just days after an Ethereum-based decentralized finance (DeFi) token surged 400 percent earlier this week because of users of the anonymous messaging board 4chan, it happened again.
OmiseGo – a relatively small crypto with a market cap of $261 million – has been caught within the throes of a parabolic uptrend over the past several days.