Digital currencies have the potential to make significant sideways moves; an upward swing can create considerable gains in few hours, but the downward swing can wipe billions off in few hours. Cryptocurrencies moved sharply higher in the final quarter of last year before crashing in the first month of this year. Though the coin has…
The JP Morgan global research team has presented an optimistic outlook for cryptocurrencies in the report, entitled “Decrypting Cryptocurrencies: Technology, Applications, and Challenges.” The bearish outlook from major fund managers and big banks added strongly to the crash of cryptocurrency prices. Chief Executive Jamie Dimon had strongly criticized bitcoin and other digital currencies. Goldman Sachs and…
After wiping billions of dollars off the market in the last couple of weeks, cryptocurrencies extended the bull run regardless of the stiff resistance from bears. Bulls are firmly holding the market today; predicting that the price has hit the bottom of the selloff and will increase again. Last weekend was especially volatile; Bitcoin and other…
Welcome to the Crypto Olympics: Day 4! Check out Day 3 of the Crypto Olympics Coin vs. Coin – who will be crowned the Crypto Olympics Champ? The first couple of rounds of the Crypto Olympics have been great. On Day 1, TRON came away from the competition as the winner; Day 2 crowned Litecoin…
Ripple (XRP) has been moving the crypto market in a new direction. Its noteworthy invasion into the global financial-services-industry could generate sufficient revenue to create an underlying value for its trading price on cryptocurrency exchanges. Ripple’s Underlying Value: Set to Allay Fund Managers Concerns Analysts and fund managers have been showing strong concerns over cryptocurrencies;…
In today’s world, a multitude of processes and transactions are being handled by machines — easing our lives in a wide array of scenarios from smartphones to autonomous vehicles. As technology continues to advance, we have begun to witness situations were machines develop the need to communicate, as well as transact, with each other in order to…
Bitcoin (BTC) has risen ~50% over the past week following a ~60% drop throughout early January and February. The leading cryptocurrency now has a market cap of ~US$150 billion, with over US$3.5 billion traded over the past 24 hours. The mining sector is heating up rapidly all over the world, bringing additional decentralization to an…
Welcome to the Crypto Olympics: Day 3! Check out Day 2 of the Crypto Olympics Coin vs. Coin – who will be crowned the Crypto Olympics Champ? It’s been a great first couple of rounds of the Crypto Olympics. On Day 1, TRON came away the winner; Day 2 crowned Litecoin as the winner. Today,…
World of Ether, an Ethereum based crypto collectible game, has just sealed a partnership that will catapult the game straight to the top. The team behind the project is steadily ramping up for their Q1 release and to date, has sold 1711 “presale” eggs on the game’s site. Each egg hatches into a monster that you…
Ripple (XRP) rose to meteoric heights in December 2017, reaching what some are calling ‘Big Mac’ parity, only to pull back over 80% in January. The market cap now stands US$105.6 billion, with US$2.65 billion in trading volume over the last 24 hours. XRP the token is a separate entity from other companies with the…
