Bitcoin price behavior continues to amaze analysts, as it surged 15%, broke through the $5,000 barrier for the first time since last November, and then settled in above the $4,800 mark to contemplate its next move. Bears have suddenly gone into hibernation, as spring breaks across the northern hemisphere, but crypto enthusiasts are cheering for…
Read more
Bitcoin enthusiasts have cause for celebration, after many frigid months of Crypto Winter. For the first time since July of 2018, Bitcoin valuations actually appreciated for a month, delivering a respectable growth rate for February of 10.4%. One has to return to July and April of last year to find similar positive performance stats, 21.5%…
Read more
Amazingly enough, Bitcoin, known for its price volatility, has been ranging about the $3,800 price point within tight boundaries for all of 2019. Yes, it has dipped a bit and made a run over $4,200, but for this crypto heavyweight, settling into a tight trading range is, for want of a better word, peculiar. As…
Read more
The price of Bitcoin may be plunging, but there are pretty interesting statistics to acknowledge. According to data from Data Light, around 74% of all bitcoin nodes are located in only 10 countries, with the United States having the largest number of nodes. In the US there are 2,625 Bitcoin nodes, while in Germany there…
Read more
The Litecoin Foudation is the main organization campaigning for the mass adoption of cryptocurrencies by the public. In order to further its mission, the foundation has partnered with the organizers of major events to allow participants to pay with the major cryptos such as Litecoin, Bitcoin and Ethereum. The foundation has also been aggressively recruiting…
Read more
Online trading broker ATFX (UK) has just announced the launch of four new trading instruments, adding the most popular and largest cryptocurrencies in the world by market cap quoted against USD, Bitcoin, Ethereum, Litecoin and XRP by Ripple labs. The trading instruments are now available to Buy and Sell as CFDs through the online multi-asset…
Read more
Bitcoin was on a tear for the past week, surprising all onlookers, as it blasted past $4,100, only to pull back suddenly to $3,785. This buying rally came after a week where analysts were sharing dire opinions of just how low BTC could go before finding a true bottom. Expectations were that the cryptocurrency leader…
Read more
If you were even the least bit interested in all-things-crypto, and for that matter, in all-things-banking, then last week’s financial press mayhem following JPMorgan’s crypto announcement came off as a circus sideshow. Distractions abounded under the Big Tent. The stands were filled with crowding masses and unruly press patrons shouting praise and abuse, while hawkers…
Read more
A realtor in the Philippines just listed 3 properties whose owner is open to accepting payment in cash as well as in crypto (i.e. bitcoin and litecoin). Dr. Joel Advincula, a licensed realtor and broker, has recently posted three properties owned by Jonha Richman on his Facebook timeline stating that the owner is accepting cash…
Read more
Jack Dorsey, the CEO of both Twitter (NYSE:TWTR) and Square, Inc. (NYSE:SQ), and a self-made billionaire in his own right, has taken to the crypto endorsement trail of late, spreading the news that Bitcoin may soon become the currency of the Internet, as its Lightning Network enhancements revive its acceptance as a global payment medium…
Read more