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…
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…
When Bitcoin was first launched in 2009, barely any knew about the project, created by pseudonymous programmer Satoshi Nakamoto. The few that did know of the cryptocurrency either hated it with a burning passion or loved it for its long-term potential. And while the former group picked up steam, with mainstream media bashing cryptocurrencies via FUD-ridden…
Since Bitcoin (BTC) breached the monumental $20,000 price milestone and subsequently crashed, crypto investors en-masse have sought to determine when the asset would retest five-digits. While an array of crypto pundits have speculated, throwing their zany predictions into the crockpot that is Twitter, the date of the next parabolic rally’s commencement is still elusive. Yet, a…
For nearly a decade, save for early-2018, Bitcoin (BTC) has ruled the crypto market with an iron fist — dominating its altcoin brethren. Yet, as blockchain technologies propagate, with tokens becoming more common and present than ever, analysts have claimed Bitcoin’s mostly-unquestioned hegemony will begin to come under fire. Related Reading: Coinbase Gets Aggressive With Crypto Listing:…
It goes without saying that bears weren’t kind to the crypto industry in 2018. The aggregate value of all cryptocurrencies fell like a “falling knife,” as retail investors pulled out of this market en-masse and hype dissipated. Yet, even amid this devastating downturn, which beat this market to hell and back, Bitcoin (BTC) quickly became shelter…