Bitcoin Price Analysis: BTC Bears Eye $8.8K Target

Over the last 7 days Bitcoin price has plunged from highs of $13,200 to the current market price at $9,300. This drop has resulted in a clear descending channel forming on intra-minute timeframes. Current market price sits at visible range lows, so the question remains as to whether bears have enoug..

Crypto Firm Grayscale Sees Notable Institutional Inflows in Q2

One of the common critiques that cynics use to bash the Bitcoin and cryptocurrency space is that this whole market is retail-driven. In 2017, this may have been the case. Then, Wall Street was still in the midst of learning about Bitcoin and its ilk and thus made no announcements on the matter. For..

Only 4 Percent Of ‘Top’ Altcoins Did Well Vs Bitcoin Last Year

In a sample of over 150 top altcoins, only 4% had a positive BTC return over the past year. Other than BNB, none of this 4% were even in the top 100 alts a year ago.Bitcoin Has Been Hard To Beat In the sample of 167 leading altcoins chosen by crypto analyst Ceteris Paribus, only 6 performed bette..

Polkadot Team Announces Kusama “Canary Network” for Experiments

The much-hyped Polkadot Network is coming, but not before a spinoff launches. Call it Polkadot’s cousin, a side protocol, a “canary in the coal mine,” or its official name the Kusama Network — but it’s no mere testnet.That’s per the non-profit Web3 Foundation, who, in unveiling the Kusama Network..

U.S. Senators Give Bipartisan Grilling to Facebook Over Libra Crypto

In an American political arena that has become increasingly divided in recent years, Facebook’s Libra cryptocurrency is proving to be a uniting force. Such divisiveness gave way to a rare display of bipartisanship in the U.S. Capitol on July 16th, when senators from both major American political pa..

‘Libra Is so Screwed’ — Should Have Used Bitcoin, Says Samson Mow

News Chief strategy officer at blockchain development firm Blockstream, Samson Mow, declared that he believes that Facebook should have used Bitcoin (BTC) instead of developing its own stablecoin in a series of tweets published on July 16. ‘Libra Can’t Be Everything for Everyone’In his tweets, Mow..