Since the introduction of blockchain in 2008, there have been more than 80,000 digital ledger technology projects launched around the world. In 2016, a total of 29 crypto projects raised over $6 billion via tokenized crowdfunding (ICO). The next year, 871 ICOs raised a whopping $6 billion, causing a wave of investment into the blockchain…
The cryptocurrency markets have shown an unprecedented level of weakness amidst its latest drop, with most altcoins trading down 90% or more from their highs, and Bitcoin falling to levels not seen since early 2017. There is now a consensus amongst industry analysts that Bitcoin has to fall even further in order for it to…
Markets smashed again to new yearly lows; Bitcoin Cash bleeding out, Stellar and Cardano not far behind. More pain has come to crypto markets as we round out the week. A third wave of selling has caused markets to dump to new yearly lows as total market capitalization dropped below $140 billion a few hours…
Back in the days of the Wild West, gold prices would dictate the profitability of prospecting and mining. Around 150 years later not much has changed with regards to the economics of mining, however the commodity is a little different now. Flagship Mining Rigs No Longer Profitable Bitcoin has had its roughest week this year…
Markets recovering a little on Sunday; XRP moving up, Stellar and Monero not far behind. A Sunday bounce has pulled cryptocurrency markets back from the abyss … for now. Following one of the largest falls this year during the week markets are recovering a little today as total capitalization creeps back up over $185 billion.…
Markets suffer 15% drop in a week; Bitcoin Cash getting smashed, BNB, Nano also hurting. More losses have been recorded on crypto markets over the past 24 hours as the weekend sees digital currencies continue their downward slide. Total market capitalization has slid back towards $180 billion and is not far away from another new…
Marc Andreessen, one of the internet’s foremost entrepreneurs and investors, has recently doubled-down on his pro-Bitcoin sentiment, divulging that cryptocurrency is a “fundamentally new and very important concept.” This notable nod of acceptance from such a luminary indicates that this budding industry continues to pick up steam, even whilst the crypto market continues its tightrope walk.…
Friday markets are still in decline; Zcash and Stellar opposing the drop, Dogecoin and BAT getting dumped. Yesterday’s decline has continued today though its momentum has slowed a little. Crypto market capitalization has fallen below $215 billion as all hopes of a real recovery have by now evaporated. Bitcoin has dropped almost a percent on…
Markets recovering this Monday; Monero, Dash and BAT climbing, Eternal Token getting trounced. As we start another week crypto markets have made some upward progress. Total market capitalization has passed $210 billion for the first time in seven days and green is the predominant colour at the moment. Bitcoin is up marginally and has made…
As the cryptocurrency markets continue to range sideways and as market sentiment dwindles, investors should remember the events on the horizon that could lead to an imminent bull run. One analyst laid out how he sees the markets unfolding over the next couple of years. In recent months, investors have witnessed an unprecedented period of…