What does Elon Musk do for entertainment amid building spaceships, hyperloop systems, and running an electric vehicle business, Tesla? A majority in the crypto community would say, ‘pump and dump’ or ‘fooling around’ with crypto coins and their price actions. Such has been the case over the past few months. Every tweet of Musk, whoContinue reading “Why did Elon Musk’s tweets have a cascading effect on Bitcoin’s prices?”
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Looking back at the plot of the overall cryptocurrency market, Bitcoin’s dominance reign ranged from 94% in 2013 to around 46% at the time of writing. With the dip in dominance, altcoins, had begun to rally. Large-cap alts began to surge and subsequently, mid-cap alts also saw an increase in their valuation. The market-wide correctionContinue reading “MATIC and CHAINLINK exhibit this unique ability in the current market”
Bitcoin, which was cruising toward an ATH the previous month, is currently undergoing a streak of corrections and consolidation. At the time of writing, it was at the $35k mark, although struggling to maintain firm footing at the price level. What is on everyone’s mind is: how long will this phase last? and what priceContinue reading “What price levels MUST Bitcoin maintain?”
Dogecoin was a joke-coin, a cryptocurrency that originated from a meme, which gained mainstream attention thanks to Tesla CEO Elon Musk. Even after a period of setbacks, it recorded a price surge of about 2.5% over the past 24 hours. At the press time, it traded at the $0.3 mark. As witnessed in the past,Continue reading “Is Elon Musk working on this new Dogecoin use-case?”
The month of May has indeed been a period of consolidation and recovery for bitcoin. Obviously, Bitcoin is bleeding at the moment, it witnessed a fresh set of correction and saw 5% drop and was trading at the $34 price level. No doubt, it has seen better days in the past. CEO of Euro PacificContinue reading “‘But how do you know Bitcoin’s run isn’t over?’”
Dogecoin, the ‘market frenzy’ coin has had its day in the sun thanks to Elon Musk. It saw a major surge in its volume, even jumped to an ATH and ranked 4 on the overall CMC cryptocurrency market cap. However, irrespective of its rise, it was always associated with an identity crisis: it is aContinue reading “Litecoin miners are seeing a 5x increase in this, thanks to Dogecoin!”
No doubt Bitcoin’s ESG concerns and carbon footprint are hot topics of the industry at the moment. The asset that caught the attention of traditional media for rising well above its previous ATH was also widely criticized over the recent weeks. The archaic debate of Proof-of-work vs proof-of-stake was renewed over the past few weeks. AsContinue reading “Here’s the sudden shift expected with bitcoin”
The cryptocurrency industry has had many skeptics who doubted its utility at first and have had a change of heart over the past years. These include individual renowned figures to large-cap institutions. The same was the topic of discussion at a recent TD Ameritrade Network interview with Shark Tank’s Kevin O’Leary. 🚨 #LIVE: @kevinolearytv sitsContinue reading “Here’s what this famous entrepreneur thinks is ‘BS’ about bitcoin”
In what is a major development for the communities of both Bitcoin, the world’s largest cryptocurrency and Monero, the market’s leading privacy coin, COMIT Network, an open protocol facilitating “trustless” cross-blockchain applications has announced, “peer-to-peer atomic swaps between Monero (XMR) and Bitcoin (BTC) are now available on mainnet.” We put out a press release toContinue reading “COMIT Network launches Monero-Bitcoin atomic swaps on mainnet”
Ethereum may be correcting somewhat on the charts at press time, but it may not do so on the back of a recent, much-anticipated development. This is worth highlighting, especially since Ethereum’s rise since its inception has been criticized several times when compared to its biggest rival, Bitcoin. In fact, it’s fair to say thatContinue reading “Here’s what this development will mean for Ethereum users”
Despite the wider cryptocurrency market correcting at press time, it’s been an exciting time for Cardano and its native coin ADA. Exciting, not only because of the bullishness of ADA’s price performance, but also because the network underwent the much-anticipated Mary hard fork a while back. Cardano is in the news again today thanks to theContinue reading “Cardano takes another step towards Alonzo as first testnet goes live”
More than enough has already been said and written about the latest market depression in the cryptocurrency sector. Now, the main trending question that has surfaced over the past couple of days is this – ‘Can Bitcoin and altcoins recover? If yes, when?’ Rekt Capital, known for his technical crypto-analysis, recently released a YouTube videoContinue reading “‘Bitcoin will be able to rally towards the $44,000 region’ IF it meets these criteria”