The Bitcoin price action during the month of May was relatively bearish. After rejecting the $10,000 mark twice, Bitcoin plummeted back to the $7,000 support level. As of press time, Bitcoin is trading at the $7,400 level after a successful…
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Crypto Bloodbath Gets Extended, Bitcoin Forming a Triple Bottom – Technical Analysis
The crypto bloodbath that started during the first week of May seems to be having an extension as crypto prices continue to plummet during the weekend. Prices of the top cryptocurrencies got pulled back to the March 31 lows, which…
How do ‘Whales’ Impact the Value of Bitcoin
“Whale” is the term used referring to an investor with a lot of budget and has the capability to move the market by buying or selling in really large volumes. The movements of crypto whales can provide important price signals to…
“WordPress of Startups” : Blockchain start-up Elemential is working on making enterprise blockchain easier
Building an enterprise blockchain, developing apps using it, and deploying the apps on it need to have processes, methods, and tools that make it easier to use. Mumbai, India-based blockchain start-up Elemential is working on their Hadron and Federated Network…
Learn the Basics of Litecoin Mining
This past week, altcoins have started gaining traction, and are increasing prices alongside Bitcoin. If you are interested in mining, this guide will give you basic knowledge on how to mine Litecoin (LTC), including the software and hardware required to…
Why Using Bitcoin for Everyday Purchases is a Good Thing
“I don’t want to spend my Bitcoin because I believe it will become worth more in the future.” This sounds sensible to many Bitcoin holders, but one of the founders of Arnhem Bitcoin City proved that this is impractical, and…
Intel patents hardware accelerator for Bitcoin mining
Before the year 2018 ends, cryptocurrency mining operations in Iceland will have consumed more energy than the household energy consumption of the country. Cryptocurrency mining is very energy-intensive. This may change. Tech giant Intel has patented a hardware accelerator technology…
Bitcoin’s Lightning network is coming soon to make day-to-day transactions faster
Bitcoin could finally be used for day-to-day transactions. California, USA-based Lightning Labs has launched their beta version of LND, its Lightning network software, which should help users in sending Bitcoin faster to other users. Current Speed of Bitcon Transaction :…
Why 2018 Could Be Great for Bitcoin Despite Shaky Start
Bitcoin is going through a tough first quarter of 2018. Since hitting its $20,000 all-time high last December 2017, Bitcoin price has dropped by more than 70%. As of the time of writing, Bitcoin is trading at the $8200 level,…
Bitcoin News, South Korea Ban Concern and Importance of Korea for Crypto Markets
By Guest Author First, it was the Chinese ban that made cryptocurrencies’ prices go down. That event precipitated in the second half of 2017. Nevertheless, Bitcoin and cryptocurrency prices eventually went up even stronger than before. Now, 2018 has only…