Over the last several weeks, the peer-reviewed blockchain Cardano and its native crypto asset ADA have been on an absolute tear, adding to a year-to-date rally of more than 1,000% ROI. From Black Thursday 2020 lows of around two pennies, the now third-ranked cryptocurrency by market cap trades for $2 apiece, highlighting a monster 18,000%…
Fidelity Digital released a survey report recently displaying substantial growth in a number of categories surrounding digital assets. Across Europe and the U.S., year-over-year growth existed in almost every category, which includes current exposure and perception and appeal. Let’s take a deeper dive into the survey and some of it’s takeaways. Crypto Catalysts: Fidelity’s Findings…
Bitcoin price today has been more volatile than normal, and that’s a statement in and of itself. The normally notoriously explosive cryptocurrency rocketed more than $2,000 and nearly 5% this morning, only to then plummet and wipe out the entire rally and then some. The fall took the cryptocurrency down by more than 7% and…
More governments are acknowledging the staying power of cryptocurrencies like bitcoin. Ukraine is the latest to join the growing list of countries that have legalized crypto. Just this week, El Salvador became the first country to adopt bitcoin as legal tender. Two weeks ago, Cuba passed a law to recognize and regulate cryptocurrencies, citing “reasons…
Bitcoin, and cryptocurrencies in general, has been a controversial topic for a long time. There are many words for what cryptocurrencies pretend to be but are not: decentralized, safe, fair, valuable, stable, a currency, honest, a solution, the future. Much like many other central bankers, Sweden’s Central Bank governor is very skeptical about Bitcoin trading.…
After this week’s flash crash in Bitcoin and altcoins, sentiment is back to being bearish just like that. Bears are taking an “I told ya so” tone all over social media, pointing to early 2018’s “dead cat bounce” as evidence of the bear market to come. But according to a pitchfork channel tool drawn across…
Part of what is so special about Bitcoin is the fact that is it inclusive to all, and never in the past required the participation of “smart money” and institutional traders. But to become a multi-trillion dollar asset as it is destined to, bigger players had to get involved to take things to the next…
Bitcoin’s price plummeted over 10% on early Tuesday, as El Salvador announced that it would officially accept the major cryptocurrency as the nation’s legal tender. According to CoinMarketCap, Bitcoin’s slump from Monday accelerated as the crypto failed to hold its $50,000 price level — sliding from $51,000 to $44,700 within a single hour. The sudden…
Today is one of the biggest days in the history of Bitcoin, with one of the most fundamentally bullish moments unfolding: the cryptocurrency has officially become legal tender in El Salvador. But Bitcoin price isn’t responding as expected. Instead, the market has responded with an absolute bloodbath and $10,000 drop per coin. Could this mean…
Top crypto strategist known as Inmortal has revealed the three altcoins they think is ready for the next breakout. Immortal takes their pick from the top three altcoins that have been lagging recently. Even though they have been performing in the market, not performing to the level of other altcoins like ADA and SOL which…