Markets Update: Bulls Show Signs of Exhaustion as Crypto Prices Taper

Cryptocurrency prices have dipped slightly since our last markets update as most digital assets are down between 2-7% over the last 24 hours. Today, on May 23, the market capitalization of the entire cryptoconomy is around $237 billion and the daily global trade volume is roughly $77 billion. Also Read: US Copyright Office Responds to … Read more

Markets Update: Bitcoin Cash Jumps Ahead as Crypto Prices See Fresh Gains

Digital asset markets jumped in value over the last 24 hours as most cryptocurrencies have gained 8-13%. Since our last markets update the entire cryptoconomy has increased by $33 billion and this Sunday bitcoin cash (BCH) lead the top ten pack once again with a 12.9% gain in the last day. Also Read: Putting an … Read more

Cryptonaut Is an Easy to Use Portfolio Management App

Closely following market movements and price fluctuations is something every trader and investor in the crypto space must do in order to take advantage of opportunities and avoid losses. Cryptonaut is a portfolio management app that allows you to track your holdings in multiple cryptocurrencies. Also read: New Crypto-Friendly Banking and Payment Services Launch in … Read more

$15.4 Billion of New Cryptocurrency Value Was Created During 2018

A report recently published by Diar has estimated that nearly $15.42 billion of value was added to the market capitalization of the combined cryptocurrency markets in the form of newly created tokens and crypto asset inflation during 2018. Also Read: Bitcoin Climbs up China’s First Crypto Ranking of 2019 12 Percent of Current Crypto Market Cap … Read more

Bitblock Publishes Alternative Valuation Model That Suggests BTC Is Underpriced

Bitblock Capital has published an alternative mining valuation model for BTC. The company has published a report that examines data from July 2016 to Dec. 2018 that seeks to “explain the relationships between [BTC] price and its intrinsic value” using the model. Also Read: Google Play Store Forces Samourai Wallet to Remove Security Features Bitblock Capital … Read more

Top 6 Cryptocurrencies With the Highest Transaction Volume – 2018 Week 40 Edition

Determining the popularity of a specific currency can be done in many different ways. Just because a network generates a lot of transactions does not mean value is being transferred across the blockchain. The following six currencies transaction the highest amount of value in a 24-hour period as of right now. It will be interesting … Read more

Markets Update: Crypto Prices Consolidate After Failing to Surpass Resistance

Cryptocurrency prices have seen some recovery after our last markets update four days ago when a large majority of digital assets lost quite a bit of value. Since then, and more so over the last 48 hours, the entire crypto-economy capitalization ($216B) has gained roughly $20B. The action yesterday was more bullish as most of … Read more

Bitcoin in Brief Tuesday: Positive Predictions Meet Negative Prognosis

In times when cryptocurrency markets are experiencing a relatively significant dip, some influential voices continue to sound optimistic. We cover these opinions in today’s edition of Bitcoin in Brief. Of course, positive predictions are almost always balanced by some negative expectations; in this case they are part of a short-term prognosis. Also read: Bitcoin in … Read more

Steve Eisman of ‘The Big Short’ Fame: What Value Does Cryptocurrency Actually Add?

Steve Eisman, the American investor best known for having shorted collateralized debt obligations before the 2008 financial crisis, doesn’t see what is the real value of cryptocurrency. He reportedly holds that the popularity of the phenomena comes down to only two factors, speculation and money laundering. Also Read: Only 8.5% of Bitcoin and Cryptocurrency Traders … Read more

Markets Update: Bears Return to Crypto Markets for Some Action

On April 25 digital assets are seeing volatile price declines today across cryptocurrency markets worldwide. Over the past 24-hours, the entire cryptocurrency market capitalization has lost more than $30Bn since our last markets update. Bitcoin Core (BTC) market prices are averaging $8,920 right now after tumbling to the $8,700 territories earlier today. Bitcoin (BCH) market … Read more