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Early crypto evangelist and arguably one of the most influential figures in the space, Jed McCaleb, says we’re still not in a bear market despite continued price decline and investor fatigue. In fact, the man who has had a hand in everything from the notorious Mt. Gox cryptocurrency exchange, to Ripple and Stellar, says that…
For a while now, Bitcoin (BTC) has seemingly moved with rhyme nor reason. Today, the crypto asset is down 7%, falling off of no clear fundamental event. And just four days, it was rallying by over 10%, pushing ever closer to near its year-to-date high of $14,000. Despite the day-to-day volatility, valuation models have begun…
There is no better time to accumulate an asset than when it its price is on the floor. Bitcoin has certainly been in that position for the past four months as it has failed to break major resistance at $4,000 and lulled around this price level. UTXOs Higher Than January 2018 That is not to…
When people evaluate the unpredictability of the cryptocurrency market, they can see why crypto security is so important. Online crypto wallets and exchanges have been hacked in large numbers in the last 24 months. “The value of cryptocurrency taken from victims climbed by 82% to $7.8 billion in 2021,” Chainalysis’ most recent Bitcoin Crime Report…
Over the past week, Citigroup and Morgan Stanley have doubled down on their plans to offer tradable instruments and products around Bitcoin. Alistair Milne, the chief information officer at Altana Digital Currency Fund, stated that the increasing interest towards cryptocurrencies as an asset class by banks and regulated financial institutions is crucial, as it demonstrates…
In a largely predicted move, Bitcoin has fallen back below five figures once again. Even more predictable is the altcoin action as they too are all in the red during this morning’s trading session. Bitcoin Dips Towards $9,600 Yesterday’s pump to $10,200 was short lived. Bitcoin only spent 12 hours trading above $10k before a…
The government of Albania has stated that it will be considering the creation of cryptocurrency regulations. The eastern European nation hopes to encourage innovation, investment and, in turn, create jobs relating to the transformative financial technology by providing a welcoming base of operations for startups. Albania Hoping to Lure Investors and Startups with Crypto Regulation…
Years ago, when Bitcoin was just a wee lad, a crypto user going by Laszlo made the world’s first real-world transaction with BTC. In what became a historic event in this nascent community, the BitcoinTalk user purchase pizza for 10,000 BTC, then valued at less than $40. Since that date using crypto to purchase pizza,…
For many short-term speculators, the current cryptocurrency market could be classified as a bore, with prices remaining relatively stagnant, volume figures dwindling, and altcoins failing to see rapid bouts of non-linear price movement, which were so common during last year’s bull run. Regardless, prices still saw a slight uptick this week, with a majority of crypto assets posting…
Another week, another Crypto Tidbits. In spite of the constant stream of bullish tweets from CNBC’s social media team, the crypto industry steadily chugged higher over the past week. Bitcoin surmounted $4,000, as a number of cryptocurrencies, like Cardano and EOS, posted staggering gains. Fundamentally, the industry was also strong. In fact, Flipside Crypto’s FCAS…