The original or ancestor of all cryptocurrencies, Bitcoin, got some props from the original or ancestor of all popular white rappers, Eminem, on a record likely to feature in his next album. This is a case of yet another mainstream…
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A Small Clique of 67 Wallets Behind Most of the Bitcoin Cash Traffic
Popular Bitcoin cash has taken a hit with reports of low commercial use as well as an 85% drop in market capitalization down from the tokens all-time high. This news comes as a shock and a mood damper since everyone…
3 Tips to Making Money During the Crypto Bear Market
Since the beginning of 2018, the cryptocurrency market has been spiraling downward with many cryptocurrencies losing value by as much as 50-75%. Bitcoin, for one, has touched the $6,000 level around 4 times already, and altcoins are following the downward…
Undervalued Altcoin: NEO Makes a Bounce, Attempts Recovery After Hitting Year-Low Levels – Technical Analysis
Going down with Bitcoin’s price drops, NEO has suffered greatly in terms of price action. NEO has hit its year-low level, which was last seen last December 2017. As of the moment, NEO is trading over Bitcoin at 0.0031 BTC…
Undervalued Altcoin: Ethereum Price Action Struggle, Attempts Recovery from Key Oversold Level – Technical Analysis
Since the cryptomarket bloodbath that began on the start of the year and got extended up to now, altcoin prices have struggled to stay afloat. Most altcoins in the market have lost more than 70% from their all-time high levels.…
Bitcoin ETF: What is It and How Does it Work?
The Bitcoin ETF (Exchange-Traded Funds) applications, rejections, and rumors of possible approval have been affecting price action in the past few weeks. While the SEC is yet to approve a Bitcoin ETF that follows its requirements and addresses crucial security…
Bitcoin Holds Support, Struggles to Spark Recovery – Technical Analysis
In the past week, after a sharp drop to the $5,800 level, Bitcoin shows signs of resilience holding strong support and consolidating around the $6,300. As of press time, Bitcoin trades at the $6,350 level, total market capitalization is at…
“Crypto Nomad” Colin Powell Detained over the Bitconnect Scam
After the story of the defunct Bitconnect went public, the authorities have appeared to be following anyone associated with what was a popular crypto platform, Bitconnect. One of the people connected to Bitconnect who was also the entities promoter, Calen…
Bitcoin Records Another Year-Low, Struggles for Recovery – Technical Analysis
Just last week, Bitcoin has suffered yet another huge decline, generally attributed to the rejection recent SEC rejection of the Bitcoin ETF proposal by the Winklevoss twins and the pushback of the decision for the VanEck and Solid X ETF.…
The Bitcoin Network’s Hashrate Hits Unprecedented New Record
This week saw the rise of the Bitcoin network hashrate to unprecedented levels, which caused a burst of excitement from industry commentators and enthusiasts as technical support for the network continues to rise exponentially. The data from the blockchain formerly…