Bitcoin as a financial asset has drastically grown in popularity in the past few years. As adoption continues to grow and fiat on-ramps and off-ramps become easily accessible, Bitcoin’s user base has grown and diversified significantly. The past few years saw greater institutional interest. While the Hodl culture within the community Read more…
Earlier this week on-chain analyst Willy Woo released a new price model for Bitcoin (BTC). The model identifies the start of exponential Bitcoin bull runs based on historical data. According to the model, Bitcoin may be just one month away from an official bull market. Will a BTC bull market Read more…
Ethereum has been generating massive on-chain activity in recent times. Multiple metrics detailing its usage have surged to all-time highs, and the crypto, by most means, appears to be fundamentally robust. That being said, this has not been enough to invalidate the technical weakness it has been seeing in recent Read more…
A new report by Pantera Capital says that the “tsunami of money” we are seeing is leading people to put faith in cryptocurrencies—and not just Bitcoin. We are currently in an altcoin bull run, says the investment firm. And one that is likely to continue until mid next year, it Read more…
Facebook has launched a prediction market called Forecast. The sector is currently dominated by crypto platforms such as Augur. Forecast will initially focus on predictions about Covid-19. The social media giant has announced the release of its own prediction platform, Facebook Forecast. Launched in Beta this week, Facebook Forecast allows community members to make predictions Read more…
The notional value of Bitcoin options contracts set to expire tomorrow has reached a new record by exceeding $1 billion. With such a massive amount, the question remains how and if it will impact the price of the primary cryptocurrency. BTC Option Contracts To The Moon As CryptoPotato reported shortly after the mid-March Read more…
There is certainly no shortage of Bitcoin critics. And of course, some of these critics are highly respected economists and other financial professionals. But Steve Hanke is a different type of crypto critic. He says Bitcoin is a crazy investment, but also believes that blockchain can be implemented to create reliable and Read more…
Compound (COMP), the governance token of the eponymous Ethereum-based lending platform, has monumentally crashed about 40 percent over 24 hours, according to data provided by trading terminal Cryptowatch. While commenting on this fall from grace, RT host and influential crypto proponent Max Keiser noted the only purpose of altcoins was to take Read more…
According to the EOSX block browser, the recipient’s account with the name jnhgvbkkfdjf was created a few minutes before the transaction. At the moment the funds are still there, and there are no other operations associated with this address. Over 26 million EOS tokens ($67 million) were transfered to the Read more…
Nassim Taleb, author of “Skin in the Game,” got into a small Twitter feud in which he explained that most investors can’t understand the nuances of a cryptocurrency like Bitcoin. According to a tweet posted by Nassim Taleb on June 21, Bitcoin (BTC) is a good idea but “almost all bitcoiners are Read more…