Bitcoin whales are up again. At the end of the week, bitcoin whales have reportedly moved over $380 million in less than three days. While "whale activity" is quite common especially for the top five cryptocurrencies, no other digital currency even comes close to the amounts moved by Bitcoin "giants". The top five transfers were…
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The Trump Administration has been under fire since its inauguration. One of the most controversial figures is the the United States’s Treasury Secretary, Mr. Steve Mnuchin. Recently, Mnuchin made some interesting comments about cryptocurrencies and VanEck official pointed out a rather amusing phenomenon. Mr. Mnuchin seems to support the cryptocurrency critics stating that Bitcoin and…
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Sooner or later, Bitcoin and gravity were going to be good friends again. After gradually recovering from a bout in the lowlands below $10,000 nearly two weeks back, buyers for the world’s favorite cryptocurrency began to run out of steam. After groping its way back above $13,000, the weight of the bears on its back…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for July 16, 2019. The text below is an excerpt and does not contain the full analysis. It seems like everybody's talking about Libra lately, and I do mean everybody. Yesterday afternoon, the Secretary of the…
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If anyone was waiting for a bargain price for Bitcoin below $10,000, they had a brief chance to buy at $9,850 and above, as the world’s favorite digital asset plummeted over the weekend. During its momentous rise to stardom, the one characteristic that has stood out most over recent months is that, once again, volatility…
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It seems that Bitcoin has one more skeptic, one who had yet to register his exalted opinion until this past Thursday. The “Tweeter-in-Chief”, President Donald Trump, let it be known via his infamous tweeting channel that he is not a fan of cryptocurrencies. His scorn also included Facebook’s Libra project: “If Facebook and other companies…
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Once more unto the breach, dear friends, once more… Bitcoin tried valiantly for a second time in 30 days to breach the $13,000 “wall”, but, unfortunately, was pushed back down below $12,000. Resistance has thickened on these ramparts on the way to a new All-Time-High, but the market leader has definitely been persistent. Volatile swings…
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Bitcoin just keeps chugging along, continuing its five-month intermittent surge routine, having blasted off from its $3,130 launch pad in December and now currently toying with $13,000. In the not too distant past, when Bitcoin took a breather from its “surge routine”, its altcoin brethren had a habit of surging, as well, benefiting from a…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for July 10, 2019. The text below is an excerpt and does not contain the full analysis. Never before has a strong economy ever presented such a serious problem for a central bank. The US jobs…
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While Bitcoin may dominate the cryptocurrency headline space, there are definitely many other coin programs in the Crypto-verse that might command your attention from time to time, if not for investment purposes, then for their “use cases” in the world of blockchain innovation. According to Coinmarketcap.com, there are over 2,300 token programs at last count,…
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