Ripple Overtakes Ethereum Once Again With 7% Surge, Bitcoin Stable at $6,600

Advertisement Over the past 24 hours, Ripple (XRP) has overtaken Ethereum once again with a 7 percent surge in price, achieving a market valuation of $24.28 billion. The market cap of Ethereum remains slightly below that of Ripple at $24.15 billion and based on the weak volume of XRP, it is likely that Ethereum will […]

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Tom Lee: Bitcoin Price Starting to Reverse, 2 Catalysts Will Drive it Higher in 2018

Advertisement Throughout 2018, Bitcoin has continued to record lower highs, testing major resistance levels at $10,000, $8,000 and $7,000. According to Fundstrat’s Tom Lee, the stability of Bitcoin at $6,000 regardless of its lower highs is optimistic. In early 2018, Fundstrat emphasized in a report that the $6,000 level will likely be held by Bitcoin […]

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Mike Novogratz: Bitcoin Price Rally Inbound in Q1 2019

Advertisement Perennial bitcoin bull Mike Novogratz, founder and CEO of Galaxy Digital, claims bitcoin is positioned for major growth now that institutions are investing in it and big compananies are starting to accept it. Novogratz told CNNMoney’s “Markets Now” that big companies like Microsoft and Starbucks are allowing customers to use bitcoin and that, in […]

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Bitcoin Price Intraday Analysis: BTC/USD Reaches Key Support

Advertisement Bitcoin price on Saturday found a key support area near $6,464 after closing on the same level the previous day. The BTC/USD today rose as much as 2.5 percent from the intraday low in an upside correction attempt. Yesterday, the pair had broken below a critical near-term ascending trendline to target 6466-fiat as its […]

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Bitcoin Slightly Retraces to $6,500 after Decent Rally, Ripple Gains Another 5%

Advertisement After rising to $6,700 on September 27, the price of Bitcoin has slightly retraced to $6,500. Ripple (XRP) still recorded a decent gain of 5 percent, extending its momentum. The volume of the crypto market has increased from $13 billion to $15 billion in the past week, demonstrating an increase in activity in the […]

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Will Ethereum (ETH) Reach Nearly $2,000 by the End of 2019? Tom Lee Thinks So

Tom Lee has been a long-time crypto bull and has faced Wall Street head on. Lee is the managing partner and head of research at Fundstrat Global Advisors. Usually, he gives his price predictions on Bitcoin (BTC), but yesterday he predicted the price of Ethereum (ETH). Tom Lee Ethereum (ETH) Prediction “We believe Ethereum is […]

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Ethereum Security Lead Joins Effort to Oust Blockchain’s Big Miners

A notable voice is joining the ranks of ethereum developers who are seeking to block powerful ASIC miners from earning an outsized share of the platform’s valuable ether cryptocurrency. In an developer meeting Friday, Martin Holst Swende, security lead at the Ethereum Foundation, said he supports swift action to remove ASIC mining hardware from the ethereum […]

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Bitcoin Price Intraday Analysis: BTC/USD Attempts for Triangle Resistance

Advertisement Bitcoin on Friday added 7 percent gains to its prevailing near-term upside momentum as it broke through its interim bias conflict. The BTC/USD kickstarted the day backed by a strong but unusual uptrend from the previous day, which saw a $275-jump within a matter of 1-2 hours. The beginning of today’s Asian session simply saw […]

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Institutional Cryptocurrency Dealer SFOX Adds Litecoin Trading

Advertisement SFOX, a cryptocurrency prime dealer that caters to institutional investors and high-volume professional traders, has made litecoin the fourth cryptocurrency listed on its platform. The Palo Alto-based company, which was founded in 2014, made the announcement on Thursday, stating that it chose to add support for litecoin trading in response to demand from its […]

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Bear Market? CoinMarketCap Hits Milestone with 2,000 Active Cryptocurrencies Listed

Advertisement The great cryptocurrency bear market of 2018 may have put a damper on speculative investor interest in this nascent asset class, but it does not seem to have led to much of a slowdown in the number of new altcoins being released on the market. CMC Reaches 2,000 Listed Cryptocurrencies To wit, cryptocurrency resource […]

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Was Billionaire Investor Novogratz Correct? Crypto Market Shows Signs of Bottom

Advertisement Billionaire investor and hedge fund legend Mike Novogratz could be right after all. Since he called a bottom in the crypto market on September 13, the market has notably recovered, fueled by large rallies of most major cryptocurrencies. Since September 13, within less than three weeks, the cryptocurrency market has recorded a major movement […]

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Bitcoin Price Rises 4% to $6,750, is Ethereum Eyeing a Potential Move Towards $300?

Advertisement Over the past 24 hours, followed by the strong rally of Bitcoin price from $6,400 to $6,750, the crypto market rebounded strongly. Cardano and Litecoin, the two best performing major cryptocurrencies on September 28, recorded 10 percent gains. Recap of the crypto market on September 28, data provided by Coincap.io Within 10 hours, the […]

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One of the First Bitcoin Miners is Quietly Cashing Out: Blockchain Researcher

Advertisement As of Thursday, Sept. 25, the bitcoin price has climbed about 3 percent, briefly crossing the $6,700 level and extending toward $6,750 at one point in the early evening. While this movement has made plenty of cryptocurrency  traders and investors happy in the short-term, a recent analysis of spending patterns relating to some of […]

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Bitcoin Mining Firm Bitmain Just Filed for an IPO

Bitcoin mining firm Bitmain has just submitted its initial public offering (IPO) with the Stock Exchange in Hong Kong (HKEX). Bitmain is based in Beijing, China. So what’s going on with the Bitmain IPO? Bitmain IPO Bitmain’s long-awaited IPO is still in its draft form and pending further listing hearings from the HKEX. The announcement of […]

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Goldman Sachs and Google Ventures Lead Investments into Blockchain Payment Company Veem

The blockchain payment company Veem just announced it has closed a $25 million funding round. The company closed its Series B funding round back in 2017. Veem states that Goldman Sachs and Google Ventures led the new funding round. Veem The latest round raised by the blockchain payment company Veem included a slew of new […]

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