It’s a common trend now for those involved with finance to downplay the potential of cryptocurrencies. For example, Nouriel Roubini consistently rants about the sector on Twitter, which isn’t surprising when you consider that he has received millions from banks and governments. It appears as though the New York Federal Reserve is the latest entity to downplay cryptocurrencies. This is…
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It’s hard to deny these days that the cryptocurrency markets aren’t looking amazing, especially when traders and investors compare prices of cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) to all-time highs. The “crypto craze” of 2017 is over, and there are all sorts of media outlets that are essentially claiming that Bitcoin is dead forever, or that it was…
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While there are many long-term investors who have banked on investing in Bitcoin from many years ago, the truth is that many individuals have only heard about cryptocurrency in recent years. Of course, this is due to the fact that Bitcoin has risen so much in price, and the media began covering it more intensely recently. However, there are many…
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The cryptocurrency community is still finding hope, despite the fact that Bitcoin is still below $4,000, which many believe to be a bearish sign. However, the beauty of the cryptocurrency community is that there are constant announcements about steps towards adoption, or countries, governments, and organizations, exploring blockchain technology, or corporations considering implementing a new cryptocurrency. The cryptocurrency community is…
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It’s no secret that the cryptocurrency community can often be just as petty as it can be supportive. There are all sorts of Twitter feuds that have resulted from competing projects, and that trend doesn’t appear to be changing. In this case, however, the Spankchain CEO actually is criticizing Ethereum, which he has supported in the past. The Spankchain CEO,…
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There is probably no single incident that has affected the cryptocurrency markets in a larger way than the Mt. Gox incident. At one point, the Tokyo-based cryptocurrency exchange was handling 70% of all Bitcoin (BTC) volume in the world, but those days are long gone. The exchange suspended trading in 2014, and was later liquidated, as 850,000 Bitcoin was stolen.…
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Thanks to the historical volatility of Bitcoin, it’s no surprise that there are many individuals in the finance and tech world who have lost faith in the digital asset. Of course, while investors should never risk more than is necessary – the truth is that there is an aspect of FOMO (fear of missing out) that helped propel Bitcoin to…
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Even though the cryptocurrency markets might be suffering compared to where they were in late 2017, that hasn’t stopped all sorts of cryptocurrency-related projects from doing everything they can to spread awareness. For example, Litecoin recently partnered up with UFC, and also will be sponsoring a film festival in California shortly. That trend appears to be strengthening, as the first…
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There are many cryptocurrency companies and projects that have found a way to attract investments and exposure from within the tight-knit cryptocurrency community. However, there are projects that are looking to outside of the cryptocurrency community to find ways to expand their audience. Of course, there are many various ways to do this. For example, Antpool, a cryptocurrency company owned…
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Venezuela has been in the news more than ever, as many are concerned since U.S. president Donald Trump has described military intervention in the country as an “option” not too long ago. This is after various countries have recognized Juan Gaido as the new president of the country. The country has just unveiled 63 pages that unveil a new regulatory…
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