Bitcoin’s first decade has witnessed a seminal sea change in the way investors now evaluate a “currency” in digital terms, and with these changing times, an historical fact pattern has emerged like none other before it. Our lexicon is now filled with crypto phrases and abbreviations to beat the band. Pretty soon, especially for the…
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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…
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Bitcoin enthusiasts breathed a sigh of relief yesterday, as the popular cryptocurrency bounced off $3,650 and rose back over an all-important psychological support level of $4,000. For the greater part of the day, Bitcoin’s price gyrated below the $4,500 watermark, reclaiming a market cap in excess of $70 billion. Bitcoin’s share of the overall coinage…
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After months of debating and anticipation, the hard fork of Bitcoin Cash is officially here. The code for the fork has been activated. As the NextWeb reports: "The Bitcoin Cash blockchain is now split in three separate networks, each with its own set of rules and governing principles: one developed by Bitcoin-ABC, one developed by…
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The first hard fork for Litecoin is already a fact and it’s called Litecoin Cash. It was announced today, early in the morning, and since then, Litecoin is sliding down in value. The digital currency is currently down with 2.5% after the announcement went public. According to the Litecoin Cash Foundation, each user who holds…
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After Bitcoin hit its all-time high price level at above $6,000, the slight retrace in price was expected by most. The correction is a normal course of events, since bitcoin is expected to go through a hard fork in the following week. Investors seem to be reacting normally to the bitcoin price volatility, especially when…
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On Friday, October 20th, Bitcoin hit a new all-time high level of $6,000. In the afternoon, the price of bitcoin started climbing and broke the $6,000 "threshold", climbing to around $6,144 (Coinbase). Although, the price today is decreasing slowly, coming at $5, 959 (Coinbase), the market capitalization of the "people's currency" is now around $100…
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With cryptocurrencies becoming more popular and maturing in the investment world in thousands of portfolios, industries and innovations, all of them at some point must go through an upgrade. For Ethereum, this upgrade will happen on October 17th, and what is known as "hard fork" will come to life. For many investors, the difference between…
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