Bitcoin has been incurring significant volatility over the past several days, which has mostly favored the cryptocurrency’s bulls as BTC has been able to run from lows of $7,300 to highs of $10,600 before settling in the middle of this wide trading range. Analysts are now noting that they believe Bitcoin will drop lower in…
Hong Kong investors increased their exposure in a blockchain firm after China’s premier Xi Jinping endorsed the technology in his Friday speech. The stock value of Pantronics Holdings Limited (1611:HK), a Hong Kong-based electronic product manufacturing firm, climbed by up to 67.10 percent on Monday. The company did not display any concrete fundamentals that could…
China’s President Xi Jinping’s endorsement of the blockchain technology sent bitcoin up by more than 40 percent. The benchmark cryptocurrency established a new session high of $10,540.49 after rising by $3,109 over the weekend. The surplus gains came after a depressive performance last week, wherein bitcoin price shed as much as 17.33 percent, or $1,529.96.…
The news has all been China this weekend and its native crypto assets have been on fire. From bully to hero, Beijing has boosted crypto markets by 25% in just two days. Bitcoin led the rally but a slew of Chinese crypto coins are surging today, and Tron is one of them. China Crypto Rankings…
This weekend has been one of the best in recent history in terms of crypto asset performance. Bitcoin’s epic rally to retouch five figures has given its brethren a boost but there appears to be a pattern emerging. Chinese crypto assets are leading the way resulting in speculation that the red dragon may have just…
Bitcoin has been caught in a firm uptrend over the past several days, which has begun spilling over into the aggregated altcoin markets, with multiple smaller cryptocurrencies like NEO posting meteoric gains over the past-24 hours. It does appear that the cryptocurrencies incurring the biggest gains are Chinese altcoins, which may be because they are…
Bitcoin (BTC) has been on a wild ride over the past several days and weeks, as it has been able to post a meteoric rally from its recent lows of $7,300, which may signal that its recent lows are a long-term bottom that will be followed by significantly further gains. One prominent analyst is now…
Yesterday, a powerful move in Bitcoin markets has everyone talking, causing a surge in interest in the cryptocurrency. Bitcoin is even trending on Google alongside some massively popular terms such as Call of Duty and Kanye West. With Bitcoin trending on Google next to some popular search terms, and after one of the largest one-day…
Ethereum has incurred some bullish momentum over the past 24-hours but has retraced slightly from its daily highs. ETH’s volatile price action has come about concurrently with Bitcoin’s massive surge to highs of over $10,000. It is important to note that one analyst is now explaining that Ethereum may surge towards $260 next based off…
Malta-based crypto asset exchange OKEx is the latest name to join the blockchain project of the Korean social messaging giant Kakao. OKEx said in a press release that it hopes its involvement with Klaytn, as the public network is called, will help encourage blockchain adoption around the world. The public blockchain aimed at enterprise users…