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As global cryptocurrency markets continue to slide from elusive January highs, it’s becoming increasingly evident that the next “boom” may be further away than many had anticipated. Bitcoin’s price is down nearly 50% from its local January 7 high of US$17,000, and other altcoins have seen average losses of about 60% in that same time frame. While … Read more
After a general upwards trend from Bitcoin following its February 6 low of US$6,000, today marks the first major downtrend from the cryptocurrency. After nearing $12,000, the coin has dropped significantly, and is currently trading close to $10,700. As is usually the case, the significant drop has caused widespread losses among a majority of altcoins. Of … Read more
While it is widely agreed that past trends cannot predict future markets, today’s cryptocurrency market movements suggest a similar trend to what has been observed multiple times throughout 2017. Today, we see money flowing away from altcoins, back to Bitcoin, as sentiments towards the grandfather coin continue to turn bullish. Bitcoin (BTC) has climbed close to … Read more
Doomsdayers out in force; Paul Krugman being Paul Krugman; Tether upto its usual tricks and the usual gamut of scams, schemes, and shakedowns. It’s been emotional. It’s been nerve-wracking. But it’s also been a total riot. Welcome to This Week in Bitcoin. Also read: Trading Tip `The Wall´ – I Was Wrong We’re All Gonna Make … Read more
After a strong Saturday, the global market has dropped over 10%. Bitcoin (BTC) is down 8% to US$11,500, and a over 75% of the top 100 coins have also lost Bitcoin value in the past 24 hours. However, there are a handful of strong contenders that have overcome this dip. Among these are Waltonchain (WTC) … Read more
Disclaimer: this is a humor piece and should be interpreted as such. With every major market move, both up and down, some individuals inevitably buy the top or sell the bottom. Past movements suggest that certain all-powerful investors are responsible for market movements, as their trades and decisions lead to opposite, powerful reactions from the market. On … Read more
The first few days of 2018 have shown a booming start of the year for cryptocurrency, with the total market value pushing new all-time highs and many coins seeing huge bull trends. Among these, Stellar Lumens (XLM) is emerging as perhaps the biggest winner. Since December 31, Stellar Lumens has already increased closed to 300%, … Read more
