In December 2017, the price of bitcoin was approaching $20,000 after months of miraculous growth had pushed its price up by more than 2,000 per cent since the start of year. There seemed no end in sight to the cryptocurrency being hailed as the future of money, as newly-minted early adopters encouraged newcomers to invest in the digital…
Bitcoin’s November drawdown has been brutal: prices have dropped sharply over the past weeks, and the broader crypto market shed roughly $1.2 trillion in a matter of weeks. That sell-off has shaken confidence, pushed BTC to multi-month lows, and sparked the classic question: Was this just a healthy correction… or the early stages of a…
How far can SOL’s new network upgrades push the price and could this new L2 ICO be a better choice for investors? With its latest integration withartificial intelligence tools and its state compression technology, which drastically reduces the cost of on-chain data storage, Solana is trending again. These advancements, combined with its expanding role in…
For many short-term speculators, the current cryptocurrency market could be classified as a bore, with prices remaining relatively stagnant, volume figures dwindling, and altcoins failing to see rapid bouts of non-linear price movement, which were so common during last year’s bull run. Regardless, prices still saw a slight uptick this week, with a majority of crypto assets posting…
The PlutoChain could take the stage with its potential to expand Bitcoin’s capabilities by introducing a hybrid Layer-2 blockchain that might increase its speed, and scalability, and reduce transaction costs. Even though industry influencer XRP Meesku predicts a bright future for Ripple’s XRP (XRP), claiming it could hit the $20 mark – some users are…
Market experts and technical indicators imply that XRP might break out in a positive way. After a short rise and retracement, the cryptocurrency has been trading at levels that indicate a break in consolidation. Related Reading At the time of writing, XRP was trading at $0.5149, up 1.1% in the last 24 hours, but sustained…
When asked about the drawbacks of Bitcoin, many people cite the cryptocurrency market’s immense volatility — multiple days a year, BTC and its ilk have 10%+ days. Case in point, the Bitcoin price tumbled off a cliff in late September, falling from the lofty price point of $10,100 to $7,700 in a week’s time. This…
Bitcoin has passed a major milestone amid a remarkable price surge, recording its 400 millionth transaction since its 2009 inception. The cryptocurrency's value has risen by more than a third over the last month, with most of the gains coming during a major price spike at the beginning of April. Currently trading at around $5,250 (£4,000),…
After days of inaction, Bitcoin (BTC) bears have finally shown their hand. In the past 24 hours, the leading cryptocurrency has lost around 3%, falling from a multi-day high of around $7,950 to $7,650 as of the time of writing this. With this move, which many believe will set the trend for the cryptocurrency market,…
Optimism, a layer-2 solution on the Ethereum blockchain, has gained traction with a TVL exceeding $1.22 billion. The OP price is currently forming a bullish cup pattern, indicating a potential recovery. Trading activity in the optimism crypto market has surged, suggesting an attempt by the OP price to rebound. Optimism: A Quick Look As a…