Not Even a #Ripple: #Coinbase News Fails to Rescue #XRP from Bearish Trend
It was the announcement that ripple (XRP) investors had been anticipating for more than a year, but the news that crypto exchange giant Coinbase was “exploring” support for the second-largest cryptocurrency failed to elicit even a microcosm of the sort of rally that even the mere rumor of a Coinbase listing frequently catalyzed during the 2017 bull run. As seen in the chart below, the ripple price failed to secure any sustained momentum following the Dec. 7 announcement, as a
Why Bitcoin Crashed And Why It Will Crash Again
Bitcoin is the dominating crypto currency. The recent crash only managed to get its price back to where it was last December, which means it is still profitable compared to a few years ago. Yet the digital currency that started it all suffers from some serious flaws, from volatility to its core algorithms. This November, bitcoin broke the floor and went below the $6,000 limit. As of this writing, it has even broken the $5,000 and $4,000 lines. While some specialists expected
Analyst: Crypto Bear Market May Get Worse, Bitcoin (BTC) Fundamentally Unsupported
Although selling pressure eased off crypto markets over the weekend, Bitcoin (BTC) and altcoins are still in the midst of stormy seas. BTC has found itself stagnant at $3,375, seemingly caught in an inflection point between a short-term bounce and lower lows. As this market’s leading asset has slowed, so has the market capitalization of all cryptocurrencies in circulating. This pertinent figure has moved to $111 billion, just three billion down from Ethereum World News’ Frida
A Bitcoin Exchange Boss Thinks Jeff Bezos Will Trigger The Next Bull Run
Bitcoin and cryptocurrency investors have battened down the hatches for what could be a long crypto winter, the name given to the bitcoin bear market that has mauled prices over recent weeks. But many bitcoin and crypto faithful are eagerly looking towards the next bitcoin price bull run, which they remain confident will come eventually. Now, the chief executive of major global bitcoin and cryptocurrency exchange Binance, Changpeng Zhao, has said he expects Jeff Bezo's online
Bitcoin Nothing More Than a ‘Lottery Ticket’: Harvard Economist
Former IMF Chief Economist and current Harvard University Professor of Economics and Public Policy Kenneth Rogoff believes that bitcoin and other cryptocurrencies currently amount to little more than “lottery tickets” at this moment in time. Writing in the Guardian on Monday, Rogoff stated that while some believe that cryptocurrencies have had their day and are on an irreversible downward slide, it is actually difficult to say with certainty that their value will actually fal
#Bitcoin's epic plunge continues
What a difference a year makes for bitcoin. In December 2017, bitcoin prices hit a record high of just under $20,000. Flash forward to December 2018 and bitcoin is now trading a little below $3,400. That's a more than 80% plunge. Bitcoin is at a 15-month low. But prices have really gotten whacked this week, falling nearly 20% in just the past five days alone. Bitcoin isn't the only cryptocurrency getting hit either. Ripple/XRP, ethereum, stellar, litecoin and numerous other c
Market Mayhem: #Bitcoin Sinks Below $3.4K, #Ethereum Plummets to Double Digits
Crypto markets have today again taken a major downturn, with virtually all of the major coins by market cap seeing double digit losses. Some coins are down by over 20 percent. Bitcoin (BTC) has taken a steep hit of over 11 percent on its 24-hour chart, and is trading at $3,400 as of press time. Having attempted to reclaim ground above the $4,000 price point in early December — to briefly trade close to $4,300 — the top coin’s recovery has failed to hold, and the asset has see
Is Bitcoin Going To Zero?
In my opinion, bitcoin is dead. It won’t go quietly, but the recent precipitous drop may be the beginning of its inevitable and inexorable death spiral. Or there could be a dead cat bounce. Either way, I see bitcoin as a dead man walking. Future generations may read about bitcoin in a finance textbook as a curiosity and wonder what all the fuss was about. There are still some die-hard adherents espousing the virtues of bitcoin, desperate to make a silk purse out of a sow’s ea
Binance Will Add TUSD Quote Pairs into the USDⓈ Trading Market/Tab
Binance will add the following trading pairs with TUSD as a quote asset into the USDⓈ Trading Market/Tab at 2018/12/07 10:00 AM (UTC): BNB/TUSD, BTC/TUSD, ETH/TUSD, XRP/TUSD, EOS/TUSD and XLM/TUSD. Please note: The existing TUSD/BNB, TUSD/BTC, TUSD/ETH trading pairs will be removed and delisted at 2018/12/08 10:00 AM (UTC). All existing orders in each order book will also be canceled at this time. About Binance: Binance is one of the largest and most liquid alt coin trading p
The Benefits of Bitcoin to a Mwananchi (Local Kenyan)
Paxful’s peer-to-peer bitcoin marketplace enables bitcoin sellers and buyers to interact digitally while ensuring that the transaction is completed NAIROBI, Kenya, November 30, 2018/ -- Kenya has a fast-growing economy even though the disparity between the rich and the poor is apparent. Cryptocurrency, bitcoin, in particular, can bring financial inclusion to the underbanked and unbanked and give opportunities to grow their wealth. The company Paxful has built a platform that
