IEO Frauds are Waiting to Happen

The week began on a very negative note for the cryptocurrency industry. Matic, one of the first tokens issued via Binance Launchpad, witnessed one of the harshest crypto crashes. It plunged by up to 70 percent within a matter of two hours. The wild downswing led social media to scream price manipulation, with noted market…

I Am an anti-FUD Bitcoin Op-Ed Piece

Bitcoin is back in the news again. This time, due to all the bad reasons. The benchmark cryptocurrency earlier this month slipped by up to 38 percent from its local peak of $10,540, according to data provided by CoinStats’ cryptocurrency portfolio management app. Meanwhile, it remained stuck in a much larger downtrend after establishing $14,000…

That Big Bullish Bitcoin News is Out

CoinStats’ data feed shows no improvement in the bitcoin price this week. The cryptocurrency has dipped by as much as 24 percent from its local swing high of $10,540. And more likely, it is going to continue its fall as investors focus remains wary ahead of the Federal Reserve’s decision on the next rate cut….

Bitcoin Now Powers an Anti-Hong Kong Police App

Just recently, Apple removed HKmap.live, an application that showed a real-time crowdsourced map of protests in Hong Kong, alleging that it facilitated attacks on individual officers and vandalization of public areas where the police were not available. Kuma, the pseudonymous developer of HKmap.live, said in an interview with Laura Shin that Apple had no evidence…

Is China about to Lift the Bitcoin Trading Ban?

The animosity which was brewing between a country and an emerging financial technology is appearing to come to an end. China is taking its first few steps towards recognizing Bitcoin, a non-sovereign asset, as a groundbreaking innovation. Asia’s richest economy slapped a banking ban on the emerging Bitcoin industry in late 2017, leading to the…

5 Factors that Affect Bitcoin Price – Analysis

Since its inception in 2009, Bitcoin has emerged as one of the most popular cryptocurrencies owing to its peer-to-peer payment features. People started exploring it to settle payments cheaply and faster without needing a bank. Meanwhile, a large section of bitcoin users also unearthed immense investment opportunities in it, leading to the birth of the…

The Big Fat Stellar Pump; What’s Causing It?

Stellar is leading the gains in the cryptocurrency market on Tuesday as the blockchain project swells by 18 percent in market valuation. A back-to-back buying session has brought XLM, Stellar’s native token, up by more than 30 percent since yesterday. The XLM-to-dollar exchange rate is now sitting at $0.081, according to data gathered by CoinStats’…

Bitcoin Price Will Hit $11,000, Predicts a Bigwig

Improving technical bias for bitcoin could have it touch the $11,000 level pretty soon, believes Mohit Sorout of Bitazu Capital – a Bengaluru-based Alpha hedge fund. The partner predicted the upside action after studying bitcoin based on Fibonacci retracement levels. As he noted, the cryptocurrency lately bounced wildly from 61.8 percent Fibonacci level. Earlier before,…

These Five Dapps Attracted Maximum Users in October 2019

When bitcoin made the world reassess the definition of currency, it presented all a sneak-peek into the future that would run on decentralized applications – or dapps. Educational utopians see dapps as tools to make everything you see on the internet distributed. Say, if a bank is an application governed by a central authority, bitcoin…

Gamblers Crash Bitcoin to Below $7,500; Is It a Bullish Setup?

The bitcoin price crashed on Wednesday after spending almost a month in a flat trajectory. The bitcoin-to-dollar exchange rate was trading at $7,480 as of 1735 GMT, down 8.86 percent on a 24-hour adjusted timeframe. Earlier today, the pair had established a fresh intraday low of $7,296.44, according to data collected by CoinStats’ cryptocurrency portfolio…