Bitcoin (BTC) continues to be highly volatile. Having ranged over 30% in the past week, the cryptocurrency was, at one point, down 56% from all time highs. The BTC market cap now stands at US$190 Billion, with just over US$5 Billion traded in the past 24 hours. Hash rate and difficulty have increased at a…
There have been many speculations as to why Bitcoin (BTC) has seen such high volatility in the past five weeks. Many regulations have come to light from countries that hold the majority of Bitcoin holders, such as China and South Korea. Other speculations have been centered around the unknown affect the Bitcoin futures contracts have…
Towards the end of this week, the cryptocurrency market began slowly climbing back from its hole made days prior. Source: CoinMarketCap Between Monday and Wednesday of this week, the market dropped almost $300 billion, due to various events. Many new investors, not ever really seeing a market correction, began panic selling which further caused the sharp…
Bitcoin or Gold? Why Investors Should Consider Both in the Current Market Now that we’ve seen how popular Bitcoin (BTC) has become over the past year, there is probably one question that almost every opportunistic investor is now asking: Is bitcoin worth the investment now? The simple answer to that — of course — depends…
The huge price swings and the wave of enormous volatility across the market that has taken off more than $2 billion from the cryptocurrency value in a single day left investors wondering which way prices are going to stand in the future. Although we haven’t seen any major steps from South Korea towards banning cryptocurrency…
Most people have an opinion on bitcoin at this point in time. But it is hard to maintain a steady outlook on the digital currency due to the fact that the price is starting to fluctuate almost at a daily rate. It’s for these reasons that people are calling bitcoin a speculative bubble. The latest…
The DASH coin hasn’t been breaking any news headlines since the second week of December when it reached its record high. Since then, the cryptocurrency market has struggled immensely due to a number of factors. Many countries around the world have threatened to ban exchanges/mining; several cryptocurrency exchanges had to be temporarily shut down after reaching max capacity,…
Cindicator (CND) is making a big splash today on the cryptocurrency market, as it is today’s biggest gainer by a large margin of almost 100%. Source: CoinMarketCap What Is It? Cindicator started back in 2015 but its ICO ran in October 2017. Cindicator is working on creating an open ecosystem that combines the collective intelligence of…
Last month former U.S. Federal Deposit Insurance Corporation chair Sheila Bair announced that she believes that there should be more regulations on digital currency like bitcoin, but she doesn’t necessarily believe that there should be bans against it. Banning bitcoin has been a common argument amongst financial leaders and various countries. Some are for it,…
Are you involved in cryptocurrency trading or investing? If so, do you live in India? If your answer to both of those questions is yes, this article is for you. Reports have now surfaced that the government of India has sent out tax notices to anyone trading and/or investing in cryptocurrency after a nationwide survey…
