In the eyes of analysts across the board, Bitcoin (BTC) decidedly bottomed at $3,150. They cite the fact that at $3,150, BTC was down 85% from its all-time highs, which is where the crypto asset has bottomed in previous cycles, coupled with the idea that industry fundamentals are better than ever. And so far, this…
Although the cryptocurrency markets are significantly less volatile than they once were, volatility is still a major issue for investors. This is still the case with Bitcoin – the de-facto cryptocurrency that is often referred to as a store of value. Although Bitcoin, and many other cryptocurrencies, do possess characteristics that resemble a store of…
The latest bitcoin price rally pushed the cryptocurrency’s price above its average production cost, at least according to Alex Krüger. The crypto market analyst noted that bitcoin mining difficulty increased substantially following the asset’s so-called bottom formation on December 15, 2018, in $$3,100-3,200 range. That signified that more miners were entering the bitcoin economy despite layoffs…
The well-known digital asset exchange Bibox has embarked on a mission to expand the blockchain ecosystem. As a part of its initiative, the Estonia based company has announced the launch of Bibox Orbit, set to go live on April 22, 10:00 (GMT +8). Bibox Orbit is a token launch platform that is designed to enable…
Since its birth, Bitcoin (BTC) has been lauded as an alternative to traditional assets day in and day out. Most notably, the cryptocurrency is. in the eyes of some pundits, a replacement to gold, specifically the metal’s store of value capabilities. But if Bitcoin takes over gold’s hegemony, what would happen to the value of…
Another week, another round of Crypto Tidbits. The movement in the value of Bitcoin (BTC) has slowed, with volume and volatility falling across the board, but underlying industry developments have been absolutely monumental. Bitcoin Satoshi’s Vision (BSV) was delisted on an array of exchange; Binance launched its own blockchain, sparking a BNB price surge; a…
It isn’t a secret that the past few weeks in the crypto ecosystem have been tumultuous ones. As Bitcoin (BTC) rallied past $5,000, sparking claims that the bottom is in, Australian cryptographer Craig Wright and his crew, all fans of Bitcoin Satoshi’s Vision (BSV), found themselves in a few tussles on Crypto Twitter. It wasn’t…
Identifying the end of the current cryptocurrency’s bear market is a challenge many are attempting to handle. Major industry proponents have called the bottom on multiple occasions, only for the market to plunge further afterward. However, it does seem that the situation may have changed. On April 2nd, Bitcoin entered into a long-forgotten positive rally,…
In the eyes of many across the globe, including anti-establishment figures, credited and established economists, and consumers, the macroeconomy could be on the verge of collapse. In fact, in a recent Bloomberg op-ed, Narayana Kocherlakota, the former president of the Federal Reserve’s Minneapolis arm, advised his old employer to prepare for a crisis. But Bitcoin…
As put by countless stakeholders and commentators on Twitter and Reddit, crypto assets are much like sports teams. In other words, investors will stop and nothing to see their favorite projects succeed, whether it be Bitcoin (BTC), Ethereum (ETH), XRP, or what have you. Interestingly, over recent weeks and months, the Ethereum camp has come…