Cryptocurrency market analyst Mati Greenspan has speculated that the current levels of Bitcoin dominance versus the rest of the cryptocurrency market might be the highest they will ever reach. He reasons that the last time Bitcoin dominance was as high…
Category: Crypto Analysis
Bitcoiners Angered by HTC’s Support of Bitcoin Cash (BCH)
Taiwanese smartphone manufacturer HTC has just announced that it is partnering with Bitcoin.com. The move will see its Exodus One flagship blockchain-enabled device feature native Bitcoin Cash (BCH) support. However, many Bitcoin (BTC) proponents are outraged by the announcement. Some claim…
Ethereum May Target $180 Next as Upwards Momentum Falters
Ethereum has been leading the recent surge seen across the aggregated crypto market and was able to decisively break past $190. This upwards momentum has allowed ETH to erase much of its recent losses, but a downturn amongst other major…
Low Volatility Bitcoin Price Action: Decision Time Is Near, Powerful Move Incoming
Bitcoin price is one again trading in the low $10,000 range, following a weekend trading around mid-$10,000 and yet another failure to break out higher. As a result of the lack of a clear direction being chosen, volatility has dropped…
Ripple Whale: It Only Takes $20,000 To Become a XRP One-Percenter
How cryptocurrencies like Bitcoin or XRP are distributed can impact a specific asset’s success, both in terms of trust in the asset, but also how scarcity might affect an asset’s long-term value. And while XRP is often the target of…
Marcus Defends Libra Cryptocurrency in Latest Bid to Woo Central Banks
Facebook executive David Marcus defended the Libra cryptocurrency ahead of his meeting with the representatives of global bankers in Basel on Monday. The co-creator said Libra is not going to challenge or undermine the sovereignty enjoyed by nations, adding that…
Bitcoin Mum despite Saudi Attack Raising Demand for Haven Assets
Bitcoin appeared stuck in a price-range on Monday as attacks on Saudi Arabia’s oil facilities raised concerns over global energy supply and renewed tensions in the Middle East. The spot bitcoin rate slipped 0.03 percent to $10,301.78 on Coinbase, while…
Will Bitcoin Mining Confidence Cause A BTC Price Spike To $28k?
Data from blockchain.com shows Bitcoin’s hash rate is at all-time-high. Last week, it peaked at 98.5 quintillion hashes per second. In addition, according to the mining pool, BTC.com, mining difficulty is also at its highest ever level at 11.9 T.…
FATF Pressures OKEx to Delist Monero, Zcash, Dash; Litecoin Next?
A guideline issued by the Financial Action Task Force (FATF) is prompting OKEx to delist popular privacy-centering cryptocurrencies. Travel Rule The Korean wing of the cryptocurrency firm announced on Monday that it is going to stop trading of Monero, Zcash, Dash,…
Bitcoin Price Close Above $10,700 Could BTC Flying; Here’s Why
The cryptocurrency market is known for its volatility; over its ten-year history, the Bitcoin (BTC) price has been subject to massive moves, moves that change on which order of magnitude the asset is trading at. However, Bitcoin has entered a…
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