Bitcoin’s intense uptrend has continued strong. The cryptocurrency is now navigating towards its next overhead supply region within the mid-to-upper $9,000 region. It does appear that the cryptocurrency is beginning to build some serious underlying strength, as each bout of consolidation seen throughout the past couple of months has resulted in bull-favoring Read more…
Setting up a masternode involves having a specified quantity of coins. Also, you have to own a wallet that integrates your computer as one node operating with blockchain. Masternodes allows using many functions, like doing an anonymous, immediate payment, voting on a significant development. Masternodes operators and miners earn 45% Read more…
CoinShares, a crypto investment advisory firm released a research report discussing various outcome scenarios of the upcoming Bitcoin block reward halving and its impact on the crypto industry. The halving event has brought back the attention on Bitcoin more than ever as it is evident from Google metrics data showing Read more…
On May 6, Square released its filings for the first quarter of 2020. The filings publicized revenue for Square’s Cash App, a majority of which came from Bitcoin. The numbers for Q1 and Bitcoin’s role $306 million of Cash App’s $528 million revenue for the first quarter of the year came Read more…
DigiByte (DGB) was propelled into the top 30 cryptocurrencies by market cap on May 5, after recording 930% growth against the dollar in under two months. This sudden growth spurt by DigiByte is all the more surprising considering the coin is not, and has never been, listed on the largest Read more…
Galaxy Digital CEO Mike Novogratz says that institutional money is now flowing into Bitcoin (BTC) during his recent appearance on CNBC’s “Closing Bell.” According to the former Wall Streeter, many hedge funds are expected to make announcements about adding the benchmark cryptocurrency to their baskets of assets: We are seeing lots of Read more…
With the Bitcoin halving coming closer (in about a week), more and more investors seem to be jumping on the BTC bandwagon. Despite the fact that Bitcoin failed to make the final leap to cross $10,000, one crypto trader and popular YouTuber states that reaching $20,000 is a matter of time due Read more…
Bitcoin bears were brutally shaken out by the recent pump past $9k. This is because most of them have been short on the market since mid $7k and hoping for a reversal. During that entire time, I have been bullish on the market and had been anticipating a retest of Read more…
Bitcoin’s shadow on the larger cryptocurrency market continues to loom large, something exhibited by the market’s latest price movements. Following the king coin’s massive move over $9,000, most major altcoins buoyed in bullish movement, chief among them being Ethereum, the altcoin market leader. Ethereum climbed over $220, a price point Read more…
A necessary correction – that is the best definition of what happened on April 30, which saw a setback after cryptocurrencies went too far, too fast. Nevertheless, holding onto most gains shows that the trend remains positive. Stock traders are all too familiar with wild movements at the end of Read more…