After last week’s price action, the crypto market quieted down. Bitcoin entered a lull, while altcoins followed close behind. Yet, the wheels of the crypto train have continued to spin. Twitter CEO Jack Dorsey revealed that his fintech upstart would eventually integrate Bitcoin’s Lightning Network, JP Morgan launched its own digital asset on a private…
The economy is doing just fine, they say. No, maybe not. A growing number of economists (and notable ones at that) have begun to tout theses accentuating that the world’s economy isn’t in clear waters, in spite of the seemingly ever-rallying stock market. Bitcoin giant BitMEX’s research division broke down this subject matter on Tuesday,…
Bitcoin (BTC) is the next frontier. No technologies have gone where crypto assets and related innovations are heading. Yet, within this space, reoccurring patterns have been observed, even though the movement of industry fundamentals, chart technicals, and social metrics seems sporadic and unpredictable. This theme was only cemented recently, as a leading cryptocurrency trader divulged…
Cryptocurrency markets have seen a dramatic turn-around in fortunes, as bitcoin, ethereum and litecoin experienced a sudden surge in price. Litecoin, which is often described as the silver to bitcoin's gold, saw the biggest gains, rising by more than 30 per cent in value in the space of just a few hours. The price rise is…
After two and a half months of continual tumult, Bitcoin has finally begun to find a semblance of stability. Yet, a leading crypto trader claims that this lull will be short-lived, especially as long-term trendlines pressure crypto assets lower and lower. “Crypto Remains Weak,” Writes Fundstrat’s Sluymer Mere months after Tom Lee, managing director and…
Bitcoin (BTC) and other crypto assets may be nearing their one-year lows, but copious amounts of optimism still exist in the minds of believers the world over. Case in point, while many analysts are unfaltering in their belief that lower lows are inbound, with even one short-term sardonic commentator calling for a $1,700 BTC, hope…
Since Bitcoin (BTC) began to stumble in early-2018, posting losses that would even make gamblers cringe, many skeptics of digital assets have claimed that the cryptocurrency is on a path of failure. In fact, cries that Bitcoin is in the midst of its death throes even sparked a scathing op-ed ‘exposé’ from MarketWatch, in which…
Crypto’s most fervent crusaders have sought to keep their heads up in this drastic, bone-crushing bear market. While optimism has often taken the form of the “institutional herd is coming” narrative, a number of Bitcoin (BTC) natives have begun to revisit the asset’s underlying value proposition. And no, in their eyes, BTC isn’t digital cash.…
Since Bitcoin (BTC) came into being, the narrative surrounding the asset’s value proposition has varied drastically. At first, the cryptocurrency was seemingly pure, digital cash. Now, BTC has been deemed a digital gold by many pundits, who claim that the asset’s non-inflationary, borderless, and fungible nature makes it reminiscent of the precious metal. However, throughout…
Crypto’s worst nightmares came to life on Wednesday, as the U.S. Securities and Exchange Commission (SEC) revealed that the long-awaited Bitcoin (BTC) exchange-traded fund (ETF) from VanEck had lost steam. Interestingly, however, the value of cryptocurrencies barely budged. This simple bout of nonaction sparked a newfound influx of bullish sentiment, in spite of the ostensibly bearish…