Has the upcoming halving already been factored into Bitcoin’s price, and can another pump be in the cards in the short term? On Thursday, Bitcoin (BTC) breached the $9,400 mark, thereby boasting a recovery that in many ways put the stock market’s performance during 2020 to shame. From a technical standpoint, Bitcoin’s market surge saw […]
Continue ReadingCan blockchain-based social media platforms solve the current issues faced by mainstream platforms? It’s hard for most people to imagine their lives without the use of social media, and crypto enthusiasts are no different. Since the beginning, the crypto industry has thrived on social media platforms, as they allow people to connect and share ideas. […]
Continue ReadingVenture capitalist Meltem Demirors explains how the oil market crash and the broader turmoil in financial markets are reshaping the Bitcoin narrative. CoinShares’ chief strategy officer Meltem Demirors shared her view on how the latest crisis in the oil market will impact the ever-changing narratives around Bitcoin. Changing narratives According to Demirors, the recent crash […]
Continue ReadingPerformance since February currently circles 0.6% gains, providing proof that Bitcoin really can preserve wealth in a crisis, says Travis Kling. Bitcoin (BTC) has in fact functioned very well as a store of value before the coronavirus crisis, raw data suggests. In a Twitter discussion on May 1, Travis Kling, head of crypto hedge fund […]
Continue ReadingLeading crypto traders lay out both bearish and bullish scenarios for Bitcoin as the halving approaches. The price of Bitcoin (BTC) increased from $7,700 to $9,500 in merely 48 hours from Wednesday to Thursday, rising by more than 22%. The market has cooled down since, with the dominant cryptocurrency dropping back below $9,000. All key […]
Continue Reading
During Virtual Blockchain Week, Justin Sun recounted his version of the events surrounding Hive’s controversial fork away from Steem. Speaking at the Virtual Blockchain Week (VBW), Tron founder Justin Sun presented his side of the recent events involving Tron’s “partnership” with Steemit Inc, and the subsequent hard fork that resulted in Hive (HIVE) forking away […]
Continue Reading
Cointelegraph joined the Webit Virtual fireside chat with Roger Ver, who believes that cryptocurrency, but not Bitcoin, is the way forward in a post-Coronavirus world. On April 29, Cointelegraph participated in a fireside chat event organized by the Webit Foundation. The panel, with the title of “Can blockchain be a solution for the upcoming economic […]
Continue Reading
Bitcoin might not be the most stable asset out there, but it is more stable than some economies. The demand for cryptocurrency in certain countries is growing amid the COVID-19 pandemic. Bitcoin (BTC) peer-to-peer trading volume in Argentina, Chile, Venezuela and Morocco has peaked over the past few weeks, marking new all-time highs. Additional reports […]
Continue Reading
Bitcoin price has soared from $7,700 to $9,500 in 24 hours, mainly driven by three key factors that triggered the short-term rally. The Bitcoin (BTC) price increased from $7,700 to $9,500 overnight, increasing by 23%, according to Coinmarketcap, in less than 24 hours. The three main factors that catalyzed Bitcoin’s recent rally are record-high spot […]
Continue Reading
YouTube’s algorithm may be to blame for the platform recently deleting crypto-related content, but content creators are left to speculate. On March 16, YouTube released a statement warning its creator community that video removals may increase during the coronavirus pandemic. The popular video-sharing platform said that its system currently relies on a combination of people […]
Continue Reading