Crypto, Bitcoin (BTC) included, is slow, expensive, and hard to integrate, cry this industry’s skeptics. While this argument has gained traction in recent years, especially as blockchains struggled to keep up with the transactional demand seen in late-2017, some aren’t all too convinced. In a recent tweet, Changpeng “CZ” Zhao of Binance explained why he…
Since Bitcoin (BTC) began to stumble in early-2018, posting losses that would even make gamblers cringe, many skeptics of digital assets have claimed that the cryptocurrency is on a path of failure. In fact, cries that Bitcoin is in the midst of its death throes even sparked a scathing op-ed ‘exposé’ from MarketWatch, in which…
The crypto downturn may have continued to ravage this industry’s startups, with an exchange even deciding to shutter all operations, but one facet of this nascent sector has continued to swell. For those who missed the memo, this facet is the Lightning Network, an off-chain system that facilitates instant, low-cost, scalable Bitcoin transactions. Related Reading: Bitcoin…
The crypto markets have started the weekend off with a mixed trading session as Bitcoin continues to trade sideways at its current price level of $3,475. Although the markets have remained stable around their current price levels, some major cryptos, including Litecoin and Ethereum, may soon see upwards price surges. Although these cryptocurrencies may be…
Jack Dorsey, the chief executive of both Twitter and Square, two of Silicon Valley’s darlings, has recently become a fan of Bitcoin. He overtly pledged his allegiance to the cryptocurrency in early-2018, when his fintech-centric company, Square, launched Bitcoin capabilities on its so-called “Cash App.” In interviews, Dorsey chalked up this sudden shift in business…
As the cryptocurrency markets enter the weekend, many investors are expecting Bitcoin (BTC) to see increased levels of volatility, as it has made some relatively large price swings over the past few weekends. Although this volatility has been negative thus far, one cryptocurrency analyst now expects Bitcoin to possibly see a large upwards price swing…
Contrary to cynical sentiment touted by skeptics of Bitcoin, crypto isn’t dead in the water. As Mike Novogratz, the founder of leading crypto-centric merchant bank Galaxy Digital, “[there’s] tons of activity under the hood.” Over the past week, VanEck & its fellow hopefuls refiled their Bitcoin exchange-traded fund (ETF) application, while Binance and Fidelity made…
It’s not just the just United States debt reaching an all-time high, individual credit card debt is also breaking new records in 2019. With credit card debt mounting, and a potential economic recession looming on the horizon, should crypto investors really be buying Bitcoin with their credit cards? Those that have already loaded up on…
In September 2017, Bank of America Merrill Lynch had asked 200 institutional investors what they believed was the most popular investment. A majority of them responded with “Long Bitcoin.” That does not mean that participants were actively investing in the digital currency. But it allowed a nascent market to realize its potential in Wall Street.…
As the cryptocurrency markets continue to be battered by frequent bouts of volatility and face growing downwards pressure from bears, investors are keen on finding events that could reverse their investment’s price descent. Litecoin (LTC) is one such cryptocurrency that has dropped significantly from its all-time-highs, but an upcoming event may be able to change…