Following a several day period of relative stability in the cryptocurrency markets, Bitcoin has now risen nearly 4%, which is leading the overall crypto markets to surge. Today’s positive price move is being led by Ethereum, which is currently trading up well over 10%. Today’s move marks the first market surge of 2019, although Bitcoin…
The CEO of successful investment house Galaxy Partners has stated that he sees Bitcoin and other cryptocurrency as a highly risky investment. It is for these reasons that Viswanathan Shankar will not be allocating any of his fund to the emerging technological and financial innovation. Instead, Shankar prefers to invest in Africa and Asia-based companies that…
The bear market has been a bane for many crypto investors and related businesses that have struggled to remain profitable during continued price decline. However, the niche market of crypto lending is currently booming despite the rest of the market and industry suffering. Crypto Creditors Creating Opportunity Out of Market Despair While some of the…
Crypto markets moving upwards today; Ethereum and Monero making momentum, XRP flipped to third. A minor recovery has occurred as 2019 gets underway. Markets are up a little on yesterday’s levels as total capitalization approaches $130 billion again. Things seem to have settled in this range bound channel for now and a breakout is still…
Although the traditional equities markets and the crypto markets don’t have a ton in common, they both had a rough 2018, and investors in both markets are hoping that 2019 proves to be different. Despite being a rough year price-wise, many analysts see the drops in both markets as being temporary, which could mean that…
While Bitmain has made forays into artificial intelligence and other budding markets, at heart, Bitmain is a Bitcoin– and crypto-centric mining startup. So, it should come as no surprise that industry participants were shell-shocked when hearsay arose that Bitmain was poised to shutter a number of its mining-related ventures. However, one crypto analyst has claimed…
This year has certainly been a tumultuous one for cryptocurrency. What started off with a bang ended with a whimper as the entire market shed 84% and $700 billion exited the scene. To round out 2018 we will look back at key events in what has been the year of the bear for crypto. Looking…
Following the recent downturn in the US stock market, investors have now bore witness to wild market volatility, the likes of which haven’t been seen in years. Although the markets are ending 2018 on a less-than-positive note, one prominent economist now claims that massive daily price swings will become a new reality for the markets…
Following a quiet weekend for the crypto markets they have held relatively steady and are currently trading down slightly over a 24-hour trading period. This past Friday, the cryptocurrency markets surged to recover some of their recent losses, with Bitcoin jumping from lows of $3,600 to highs of nearly $4,000. Despite this, the markets did…
Cryptocurrency adoption pioneers Lite.IM have just announced that the platform will now support Bitcoin (BTC) payments. This means, users of Facebook, Telegram, and even plain old SMS will now be able to send BTC to one another via their chosen social application. Such moves bridge the gap between the now enormously adopted mobile phone and…