Gold topped $1,800 on Wednesday, marking a nearly nine-year high. Its rally may not be over yet, according to Boris Schlossberg, managing director of FX strategy at BK Asset Management. “I guess gold is the real bitcoin,” Schlossberg joked on CNBC’s “Trading Nation” on Wednesday. “Ultimately I think what’s happening is the market is taking implicit bets […]
Russia is known for its controversial attitude to blockchain and cryptocurrency. As the authority in a country is highly centralized, it seems to be uncomfortable with having something they can not control. So it is natural for them to ban the technology that is out of their reach. However, the ban would not prevent people […]
Yassine Elmandjra, a crypto asset analyst at ARK Invest, said in a May 24 tweet that the Bitcoin Cash (BCH) hashrate fell by 30% since its halving event, and only accounts for about 2% of the SHA-256 hashrate. Elmandjra now thinks it’s only a question of time before somebody takes advantage of the network:“Surprised we […]
A few days ago (May 14), the top-rated Coinbase exchange announced its listing of the Omise Go (OMG) altcoin, a popular midcap coin originally launched in 2017, on its Pro and standard trading platforms.https://t.co/Bxmt9ufhu5$OMG has gone parabolic yet again today, with the #CoinbasePro effect continue to bring greater positive returns to the 39th ranked market […]
Gold‘s growth continues to sustain, reaching new highs this week not traded since the last economic recession.The rally also is showing very few signs it will slow down any time soon, and one particular indicator confirms there is “more fuel in the tank,” according to an analyst.Gold Prices Soar to Over $1,730, Setting New Local […]
Today’s Bitcoin price drop below USD $7k has taken some by surprise, yet it is causing little concern among analysts, In fact, the mood is optimistic, as most believe that the market will recover quickly, with the flagship crypto currency soon surging much higher.BITCOIN PRICE MOVING UP DESPITE CORRECTIONToday’s market dip has not caused a […]
Atari token is now finally open for presale, though it took a little long; nevertheless, it is a moment of joy for many gamers.Atari gaming ecosystem is finally releasing its token after two years of its first confirmation of plans to develop its altcoin.From the website of Atari, the token went on a private presale […]
Well, that was terrible.During the day’s wild trading session, the Dow Jones Industrial Average (DJIA) dropped by just under 10% in what was the largest single-day percentage decline since the stock market crash in 1987 (when markets were sufficiently scarred to institute failsafe measures for the future, to prevent similar, shocking declines).Investors shrugged off news […]
The massive unexpected plummet Bitcoin displayed over the course of yesterday and today is yet to quiver traders even though it struck a dagger in the heart of investors. In just a day, Bitcoin is down by over 10%, dragging most altcoin to a similar dire situation, and the entire crypto market is also down […]
The organization that created the popular JPEG picture format believes blockchain could be used to verify images as well as flag fakes and image theft.The Joint Photographic Experts Group (JPEG) said blockchain has “great potential” as the basis of a system that would use a combination of encryption, hash signatures and watermarking in an image’s […]
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