Bitcoin skeptics have always kept the argument of volatility in their back pocket whenever the asset’s valuation has undergone a significant correction in the market. During price discovery in December and most of January, Bitcoin faced little criticism, but over the past two weeks, comments such as “speculative bubble” and “extremely inefficient” have all beenContinue reading “Here’s the ‘price you pay ‘ for Bitcoin’s performance”

With Bitcoin‘s price trading at a level close to the $50k-mark at press time, on the back of its fall from $64k a few days ago, it is an opportune time for whales to grab more. The said depreciation was fueled by news of the Biden administration’s plans and the selling pressure that subsequently ensued.Continue reading “Bitcoin: Is the market really ‘buying the dip?’”

A few weeks after Tesla sent ripples across the crypto-community with its investment strategy in Bitcoin, the electronic car manufacturer is in the news again today. Well, not directly, but indirectly. A video stemming from the YouTube channel called “1stmil.com” has had the Bitcoin Cash community talking. The host of the channel (a popular YT-er)Continue reading “Will this publicity stunt lure Elon Musk towards Bitcoin Cash?”

Peter Schiff, CEO of Euro Pacific Capital, popular gold bug, and longtime Bitcoin critic is in the news today after he once again took a jab at the crypto-market. This time the target of his criticism was Grayscale, with Schiff taking to Twitter to accuse the biggest Bitcoin buyer, Grayscale, of Bitcoin manipulation. He tweeted,Continue reading “Bitcoin critic thinks this ‘company is interested in manipulating the Bitcoin price’”

Users of the Turkish crypto exchange Thodex were unable to reclaim the investments they had made, as the exchange had abruptly halted trading without prior notice, locking up the funds of its 391,000 active traders. There has been a new development with regards to this particular case. Anadolu news agency took to Twitter and statedContinue reading “Thodex exchange: Turkey detains 62 suspects for further investigation”

There seems to be no stopping the growth in the supply of stablecoins, but Coinbase-backed USDC, in particular, has reported massive gains this year to become the second-most used stablecoin in the market. Jeremy Allaire, co-founder and CEO of Circle, recently discussed USDC’s incredible growth in a podcast. USDC registered a 13.5% week-over-week hike. AfterContinue reading “USDC v. USDT: Could a ‘flippening’ be coming soon?”

Bitcoin has enjoyed a rally since this year, but this ascent has also renewed public attention on the environmental concerns surrounding the world’s most popular cryptocurrency. Bitcoin proponents argued that it was held to an unfair standard, arguing that the vast financial systems that build fiat currencies consume far more resources than cryptocurrencies do. RippleContinue reading “Ripple co-founder: This change is critical for Bitcoin to remain dominant”

Bitcoin tumbled more than 4% on Friday after news broke out that Turkey’s central bank banned the use of cryptocurrencies and crypto-assets for purchases citing possible “irreparable” damage and transaction risks. A mere week later, the region is in the news, for all the wrong reasons. According to the recent reports, users of Turkish cryptoContinue reading “Another Exit scam? Exchange founder flees the country, while users claim funds have been stolen”

In 2020 we witnessed institutional investors step forward in support of cryptocurrency; major companies like PayPal, MicroStrategy, and TIME put forward their bitcoin strategy to either support crypto payments or openly invest in it by adding the digital asset to their balance sheets. Even as cryptocurrency continues to gain more mainstream acceptance, Gemini, a cryptoContinue reading “Here’s what the average US adult knows about XRP, Cardano, Litecoin, Chainlink, DOT, BCH, USDT”

The mania that drove crypto assets to set records seemed to have simmered down. Though Coinbase Global Inc. went public last week, Bitcoin took a tumble in the markets. The world’s biggest cryptocurrency plunged as much as 15% on Sunday, just days after reaching a record of $64,869. It subsequently regained some of the lossesContinue reading “Analyst addresses ‘do-or-die’ level for Bitcoin”

XUMM has now released a brand new updated version of its most popular wallet for XRP tokens- XUMM 2.0. As mentioned in the official release notes by the XRPL Labs, this new update executed compatibility with iOS- and Android-based devices. One of the key features of this updated version was its implementation of the CasinoCoin tokenContinue reading “Yet another step forward for XRP: Here are XUMM wallet 2.0 details”

Price rallies for cryptocurrencies besides bitcoin (BTC) have helped push the digital-asset industry’s total market capitalization to about $2 trillion, doubling in just a few months. Bitcoin’s dominance has been dropping and stood at 51.08% while altcoins were seeing a rise in dominance, which could lead to a rally.   As per the above chart,Continue reading “Analyst says ‘Ethereum will be the first asset to do this’… Here’s the what, when and why”