Shortly after a sharp drop from the mid $14,000 to the lower $9,000s, bitcoin saw a strong bounce to the upper $11,000s. At the time of this article, bitcoin appears to be consolidating and is ready to make its next move: Figure 1: BTC-USD, 1 Day Candles, Macro View In the previous BTC market analysis, […]
Venezuelan officials have denied claims that the petro token’s white paper has been released, calling such claims “false information.”
Increasing interest in cryptocurrencies has led to an influx of new investors. Unlike traditional markets, there are few tools that can help people make informed decisions, a situation that has already begun to claim victims in a particularly volatile environment. In separate announcements, Weiss Ratings and Intercontinental Exchange (NYSE: ICE) have announced the introduction of […]
By Shawn Gordon What is Ripple? Technically speaking, is Ripple a cryptocurrency in the mold of Bitcoin? The short answer is probably “no,” but that doesn’t stop it from often being lumped into that same category. What is Ripple? Originally released in 2012 as a subsequent iteration of Ripplepay, Ripple is a real-time gross settlement system […]
Key Points Bitcoin gold price is slowly recovering and is currently trading above the $200 level against the US Dollar. There is a key bearish trend line forming with resistance at $250 on the hourly chart of BTG/USD (data feed from Bitfinex). The pair may continue to move higher, but it could face sellers near […]
The demand for secure crypto storage is almost as high as the demand for the assets themselves. Only a few companies at the moment are offering solid secure offline storage devices for cryptocurrencies and they are selling out like hot cakes. Ledger is one such company and it has just secured its second round of […]
The post Best Ethereum Mining Hardware (2018 Updated) appeared first on 99 Bitcoins. Ethereum (ETH) is a popular choice for graphics card (GPU) miners. In 2018, Ethereum smashed its long-term $400 ceiling, and reached more than $1,000. Ethereum GPU Mining Ethereum’s Ethash algorithm is one of many algorithms designed for optimal mining on GPUs. Generally […]
Key Highlights Ripple price managed to move further higher and it broke the $1.50 resistance against the US dollar. There is a short-term bullish trend line forming with support at $1.50 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is placed nicely above the $1.45 and $1.50 levels, and […]
Bitcoin devs have released the first paper on the Schnorr multi-signature protocol, which, if implemented, would increase bitcoin block sizes.
The post Bitcoin Will Be Back Up, Market Sell-Off an Overreaction: BitPay Executive appeared first on CCN According to BitPay chief commercial officer, Sonny Singh, whenever Bitcoin’s price surges high or drops low, the situation is blown out of proportion. “You know every time there’s good news or bad news, the market tends to overreact. […]