The Big Crypto Acquisition: Wall Street Backed-Circle Acquires Cryptocurrency Exchange Poloniex

Author – Sam Fintech startup Circle Internet Financial Ltd reported it acquired Cryptocurrency Exchange Poloniex the 14th largest crypto exchange by 24 hours trade volume. The acquisition makes it a close rival for the Coinbase one of the largest crypto…

Bitfinex exchange and Tether under US Scrutiny, ING Confirms Bitfinex has an account with it

Author – Sam Reads The U.S. Commodity Futures Trading Commission (CFTC) sent the exchange a subpoena on 6th December last year. Wells Fargo ended its relationship with the digital currency exchange last year too. Bitfinex one of the largest crypto…

Bitcoin Price Stuck in Kill Zone, Cryptomarket in the Red – Technical Analysis

In our previous article about Bitcoin setting up for its next big move, we discussed the recent price action for Bitcoin using the Elliott Wave Theory. As of press time, BTC price seems to have finished the 1st wave hitting…

Transaction Fee-less crypto trading to begin with Robinhood

Starting February, Robinhood, a commission-less stock trading application will let its users trade Bitcoin and Ethereum without the dreaded transaction fees. Compared to major exchanges like Coinbase, Binance, and others that charge fees from 1.5% to as much as 4%,…

Fidelity Charitable Records $22 Million in Bitcoin Donations During Last Year -2017

The charity unit of mutual fund giant Fidelity announced last week that have raised over $22 million from bitcoin donations for the year 2017. This was revealed by Fidelity Charitable, which is the charitable trust fund under Fidelity Investments. The…

The future of Bitcoin: What are the main drivers of Bitcoin (BTC)?

By Guest Author – Sam Reads, Birmingham, UK In 2017, the price of Bitcoin was mainly influenced by Fundamentals and less of technical analysis. It was largely affected by three major factors which helped fuel its all-time of $20,089. The…

What really caused the Ripple to fall on Friday?

By Guest Author – Sam Reads, Birmingham, UK Ripple has had a  successful week with its price hitting a new all-time high of $3.86 on Thursday. It later fell to new week low after Coinbase nixed rumors of a possible…

Bitcoin Still Rocks – Price Analysis for the Christmas Week, the last week of 2017

As 2017 is coming to an end, the price action of Bitcoin for this week is moving from high of $16,800  towards the low of $11,300. The bitcoin is gaining traction on a global scale with the current market-cap of…

The New SegWit2x ( B2X) of Dec 28th has no relation to the cancelled SegWit2x of November – Analysis

As we perform more analysis on the SegWit2x article we published yesterday, it appears that the current new Segwit2X has no relation to the previously cancelled SegWit2x. The new SegWit2x team gets the benefit of using the same name as the previous one to their…