It’s no secret that those who are heavily involved in the world’s traditional banking systems have a disdain for crypto, likely because of the many ways the relatively young technology challenges the traditional notions of banking. While offering a somewhat cliché opinion about the cryptocurrency markets, Huw van Steenis, the senior advisor to the Bank…
The past several days have been particularly volatile for the cryptocurrency markets, with Bitcoin (BTC) surging to highs of nearly $3,750 on Saturday before fully retracing to lows of $3,550. Despite this volatility, Bitcoin has been able to hold $3,550 as a level of support and has led the entire crypto markets to rise slightly…
In an interview at the World Economic Forum in Davos earlier, the senior adviser to the governor of the Bank of England weighed in about the threat posed to the current financial status quo by Bitcoin and other cryptocurrencies. Huw van Steenis largely dismissed the blockchain-backed fintech innovation on the grounds that Bitcoin had not yet…
To many onlookers, the crypto market is unpredictable as the weather. No one expected the jaw-dropping Bitcoin price rally in late-2017, nor what played out afterward. Yet, a recent quip from a leading cryptocurrency investor claims there may be an underlying rhythm to this industry — a multi-year heartbeat, if you will, that is slow…
Crypto’s most fervent diehards have often been lambasted for their Bitcoin (BTC) price forecasts. Blockchain project promoter John McAfee, the eccentric millionaire behind the cybersecurity company that shares his surname, called for BTC to surpass $1 million by 2020’s end, claiming that he would consume his family jewels if the prediction doesn’t come to past. And…
Bitcoin started out as a grassroots movement. At first, developers, anarchists, and the internet zany were the first to adopt the cryptocurrency. Yet, over time, the crypto community has devolved into an array of demographics, with millions of individuals from across the globe investing time, money, and brainpower to bolster this industry. Recently, reports arose…
Crypto markets are flat once again, Tron is on a flyer while Bitcoin goes deeper into bear territory. There has been no sign of any upwards movement on crypto markets which have remained bearish below $120 billion. The only good news is that there has not been another major dump (yet) and things have remained…
Privacy-focused, stable-coin-of-sorts crypto, the Haven Protocol (XHV), appears to have been disbanded. According to Tweets from those involved in the project, one of the lead developers has disappeared with the only access to the code repository, halting development for months. The news broke via the project’s Discord channel, with the announcement that one of the…
The BitTorrent token sale is one of the largest and most talked about ICOs of the year. In an effort to boost sales for the new token and the price of Tron, the company has announced a series of airdrops. Incoming BTT for Tron Hodlers Starting on February 11 this year and ongoing until 2025…
Crypto markets dump to bottom of trading range, Ethereum, Bitcoin Cash and Litecoin suffering, TenX still climbing. Following almost a week of inactivity crypto markets have started to dump again. A break through support zones for several of the major crypto assets has resulted in total market capitalization plunging back below $120 billion again for…