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Yesterday, Bitcoin (BTC) plunged by $300 in literal minutes, falling to as low as $9,200 after consolidating in and around $9,500. There were many saying that this flash crash-esque move validated their bearish analyses, which implied that BTC would return to the $8,000s in the coming days. However..
On Friday, China’s leader, President Xi Jinping, absolutely floored the cryptocurrency and blockchain industry. In a political context, the world leader called for the adoption of blockchain “as an important breakthrough for independent innovation of core technologies.” Shortly after Xi’s statement..
Like it or not, cryptocurrency firms have long operated in a legal gray zone. For most of Bitcoin’s ten-year lifespan, exchange platforms and other services providers didn’t implement Know Your Customer (KYC) and Anti Money Laundering (AML) procedures. But this is changing. And quick.Bitcoin & C..
While a majority of altcoins have been faring well over the past week, there has been one crypto asset that has exceeded the expectations of many: Chainlink (LINK). Over the past 10 days, the community-favorite cryptocurrency has gained 50% against the U.S. dollar, surging to $3.10 apiece at the lo..
On Sunday, Bitcoin (BTC) found itself suffering, with bulls failing to step in to save the cryptocurrency from falling through the ever-important $8,000 support level. The price action was so bad that by Monday morning, BTC reached $7,800 — a key level that analysts said would be a “make or break” m..
Altseason? 2019 has undoubtedly been a year for Bitcoin so far. Altcoins, which were all the rage in 2017 and early-2018, have been wildly underperforming the market leader, with some of these cryptocurrencies now trading at lower prices than where they started the year. But for some reason or anot..
XRP Price Strong While antagonized by many in the crypto space, XRP may be about to undergo some bullish price action. Prominent commodities trader Peter Brandt, who has notably been overtly critical of XRP’s fundamentals and charts, recently admitted that there is “some chart evidence [to suggest]..
Crypto Assets Aren’t Viable Crypto assets have been lauded as the future by many Silicon Valley technologists and investors. They believe that this new asset class holds the keys (pun intended) to unlocking another round of technological innovation. However, not everyone in the upper echelons of Co..
It takes a village to raise a child, as the popular saying goes. It also takes a village to raise top blockchain projects like Bitcoin and Ethereum into bastions of increasingly useful public infrastructure. Stakeholders from a variety of fields are welcomed in these projects’ ecosystems — not just..
Bitcoin (BTC) hasn’t had the best week. In fact, the cryptocurrency is set to close down some 20% on the week, which is one of the asset’s worst performances since the bearish capitulation seen in November of last year.A bit late to the party, JP Morgan recently came out with its analysis of the ..