Big investors and business icons are rejecting cryptocurrency as a viable medium for exchange. The market has been struggling to become a “reliable currency” despite several countries legalizing digital currencies and crypto exchanges. Bearish remarks from trend makers have been negatively impacting the crypto market. Bitcoin price (BTC) plummeted to the $8,000 level while the…
Cryptocurrency market volatility: Cryptocurrencies are the most volatile asset in the world. Because of this, the global financial system finds it difficult to consider them as viable alternatives to fiat currencies. The crypto market has the potential to generate or wipe-off billions of dollars in few hours alone. Bitcoin (BTC), for instance – which is the…
Market analysts seem enthusiastic towards Bitcoin Cash price (BCH) and this is strengthening trader sentiments. The Bitcoin Cash network has been increasing trader confidence since its developers began implementing infrastructural improvements. Brian Kelly has suggested that investors buy Bitcoin Cash for the potential gains as BCH is a must own cryptocurrency and offers an attractive…
Last week, on May 19, former Visa UK and Ireland CEO Marc O’Brien said in an interview with Business Insider that he had been named CEO of a cryptocurrency startup named Crypterium. O’Brien was the CEO of VISA UK from 2008 to 2014. During the interview, he said that the Crypterium team is working hard to…
Joe Davis; Vanguard economist believes that Bitcoin price (BTC) will crash to zero, and it will never emerge as reliable currency. Bitcoin price remains range-bound after falling 15% from three months high of $9,900 level. The bearish trend has been receiving support from influential icons. The debate over the use of Bitcoin as a medium of…
Crypto scams are a prominent problem within the crypto industry. Even though the problem has been addressed on many occasions, and many are fighting to solve it, that doesn’t mean that the general public can sit back and not do their part to stay vigilant. By being duped by these scams, you run the risk…
On Tuesday morning, Bitcoin price slipped below $8,500 once again after the cryptocurrency managed a slight comeback over the weekend. Its trading volume was not sufficient to maintain the latest bull run. BTC/USD Back Down To $8,200. The sell-off Subsides. As of 12:30 PM EST, Bitcoin price is sitting at around $8,200. However, BTC/USD is…
The top-ten coins are in the red today, with the exception of Stellar (XLM). This means coins like Ripple (XRP) are down Tuesday. Why, though? Is there negative Ripple news floating around the crypto space? Or is XRP down because of the overall crypto market decline? Let’s see what we can find out. First, however,…
It’s finally here, everyone! Now, digital wallet app Abra accepts Litecoin (LTC) deposits and withdrawals. Abra Accepts Litecoin The ability to make Litecoin transactions was already possible on Abra, but now the platform has added in the ability to deposit and withdraw Litecoin directly on Abra. We now support direct #Litecoin deposits and withdrawals! You…
Today, May 22nd, is Bitcoin Pizza Day. What does that mean, you may ask? Well, back in 2010, one of the earliest Bitcoin (BTC) purchases was completed. The purchase was for two Papa John’s pizzas. The price back then? 10,000 BTC. Since that fateful day, Bitcoin’s price has skyrocketed and many other cryptocurrencies have sprung…
