Cryptocurrencies fell sharply in Monday’s trade, following a brief rally in the past four days. Excluding Stellar (XLM) and EOS (EOS), the majority of top ten cryptocurrencies posted a high mid-single-digit decline in today’s market, impacted by traders concerns over the increasing regulatory actions. Bitcoin (BTC) lost more than 7% of its price today and…
Cryptocurrencies started gaining investors’ attention since the first quarter of last year when several companies announced their interest in blockchain technologies. Consequently, the total market capitalization of cryptocurrencies increased from $30 billion to $832 billion in less than a year. With the potential to instantly transfer money from one place to another, investors have moved…
The crypto market is in a shambles the past couple of weeks as swathes of governmental regulations give investors cold feet. After last weekend failed to reinvigorate the market, many enthusiasts will be wondering where to look for some positive news. It may be on the way… Russia is a bit of a lone wolf…
SIRIN Labs is sure making a name for itself, as it has created a new open-source blockchain-enabled smartphone and PC specifically designed with security in mind. SIRIN started its ICO to create the new FINNEY products. Both the products will both run on the SIRIN OS, which is the company’s open-source operating system. The SIRIN…
Bitcoin (BTC) continues to fluctuate. The rise and fall has been driven by regulatory concerns and analyst’s comments. A brief rally over the weekend sent bitcoin prices from below $10,000 to $13,000. However, this was short-lived; the bitcoin price collapsed again during Monday trade. Traders blamed regulatory concerns from South Korea, India, and the European…
EOS (EOS) is not a new project to the world of cryptocurrency but recently it has slowly begun climbing its way up the charts. The cryptocurrency is currently the 8th largest cryptocurrency by market cap, passing STELLAR (XLM), TRON (TRX), Monero (XMR), DASH (DASH), and NEO (NEO). The EOS teamed launched its ICO back on…
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…
