On Wednesday morning, Bitcoin continued its decline from earlier this week, falling below the pivotal $6,500 price point. The cryptocurrency is now trading at around $6,400. Its price fell by approximately 17% over the past seven days and by 75% through 2018. Bitcoin Continues Decline, Testing New Support Continuing its decline from this past weekend,…
The use of blockchain technology in the financial industry has seemed to be increasing recently, and proof can be found in a recent report in a recent report by the US-based market intelligence company Greenwich Associates. Greenwich interviewed over 200 participants in the study over blockchain budgets, team sizes, use case exploration, key challenges and other…
It’s time for the next saga in our crypto game adventures – the Crypto World Cup! The world of crypto has a lot of big names. It’s about time they faced off with one another. Who will come out on top? Let’s meet the players! Crypto World Cup: Who’s Who Our crypto representatives come from…
Tether (USDT) & Bitcoin (BTC) – A new study has surfaced this morning putting Tether in the negative spotlight once again. Last December, Tether was subpoenaed by the U.S Commodity Futures Trading Commission to provide proof that the digital currency was in fact back by a reserve of U.S. dollars. Bitfinex was also subpoenaed due to…
![Tron [TRX] & VeChain Thor [VEN] [VET] Fall Despite Big Movements](http://mattx.co/wp-content/uploads/2018/06/3735/tron-trx-vechain-thor-ven-vet-fall-despite-big-movements-777x380.jpg)
Tron [TRX] & VeChain Thor [VEN] [VET] – The total cryptocurrency market has fallen below the $300 billion mark again – hitting a year-low reached back on April 1st. However, this time last year, the entire market cap was just over $100 billion. Will it drop below $200 billion again? We shall see. At press…
In 2016, bitcoin thought leader Vinny Lingham stated that “the OTC market for Bitcoin is bigger than the exchange market. Exchanges set the price but large trades don’t happen there.” In 2018, bitcoin OTC trading volumes have become even bigger. OTC bitcoin brokers aim to provide liquidity to the bitcoin whales that top the “bitcoin…
Becalmed markets around the world appear to paused in time for a breakout on any positive signal from the “historic” Singapore summit between President Donald Trump and Kim Jong Un. Markets from stocks, bonds, gold, oil and crypto are all poised at significant levels. The S&P 500 is retesting the 2,800 resistance level, currently at $2,785;…
Becalmed markets around the world appear to paused in time for a breakout on any positive signal from the “historic” Singapore summit between President Donald Trump and Kim Jong Un. Markets from stocks, bonds, gold, oil and crypto are all poised at significant levels. The S&P 500 is retesting the 2,800 resistance level, currently at $2,785;…
The financial industry has witnessed many disruptions and welcomed new technologies that have radically changed traditional processes. In today’s world of cryptocurrency and digital transactions, a new type of technology is steadily taking over – the blockchain technology. Blockchain has caused many disruptions, but what are the top blockchain disruptions? Blockchain technology is causing financial…
Ethereum (ETH) – We’ve all seen it, the pinned posts from most cryptocurrency leaders on Twitter stating that they “are not giving away or accepting digital assets.” Mostly, it revolves around the world’s second largest cryptocurrency Ethereum [ETH], but it has made its way to other digital tokens as well. As a public announcement, I will…
