Cryptocurrencies

Goldman Sachs: Cryptocurrencies including Bitcoin are not an asset class

May 28 2020 @ 10:08
Leading US bank outlines its crypto scepticism Goldman Sachs, one of the largest investment banks in the world, will hold a conference call with investors on Thursday on “US Economic Outlook & Implications of Current Policies for Inflation, Gold and Bitcoin.” Even before the call has started, let alone finished, the bank’s take on digital […]
 

Bitcoin Witnesses Mild Selloff Following a Decade-Old Address’ Transaction

May 21 2020 @ 23:16
The cryptocurrency community was thrown into a frenzy yesterday after an unusual 50 BTC transaction was carried out by a Satoshi-era wallet which was assumed to be dormant for over a decade. Initially, many believed that this transaction was from the elusive Satoshi Nakamoto, however, subsequent data proved otherwise. The data suggests that it was […]
 

Bitcoin Cash (BCH) Is Consolidating, but Faces Rejection at $250 Resistance

May 21 2020 @ 22:57
Key Resistance Levels: $275, $300, $350 Key Support Levels: $200, $160, $120 BCH/USD Price Long-term Trend: Bullish Today, Bitcoin Cash is consolidating above $230 but characterized by small body candlesticks. On May 8, the bulls attempted to retest the $280 resistance but were resisted. BCH dropped to $230 low and resumed consolidation. Further upward move has […]
 

Grayscale now owns almost 2 per cent of all Bitcoin in circulation

May 21 2020 @ 09:54
Crypto investment firm announces record $3.8bn in AUM Grayscale investments, the largest crypto asset manager in the world, has announced that its assets under management (AUM) have swelled to an all-time high. The firm’s managing director Michael Sonnenshein heralded the fact that, as of Tuesday, Grayscale’s AUM total $3.8bn (£3.1bn, €3.4bn). The company’s three most […]
 

Ethereum (ETH) Loses $200 Critical Support, May Encounter another Selling Pressure

May 15 2020 @ 23:35
 Key Resistance Levels: $225, $250, $275 Key Support Levels: $150, $125, $100 ETH/USD Long-term Trend: Bearish Ethereum has been trading above $200 after a rebound on May 7. However, the king altcoin suffered another setback after a breakdown yesterday. The coin dropped to $180 low but price corrected upward above $185. On the downside, ETH is likely […]
 

South Africa's Growing Appetite for Peer-to-Peer Bitcoin Marketplaces

May 13 2020 @ 07:11
In the past five years, there has been one region where bitcoin’s use-cases are thriving non-stop. This region is none other than Africa, which comes second in terms of the number of population and geographical size. To be more specific, it is South Africa that is deemed to be an excellent spot for bitcoin. Recent […]
 

Inside the 2020 Bitcoin halving

May 12 2020 @ 09:37
The much-awaited Bitcoin halving event means that the reward for unlocking a ‘block’ has been cut from 12.5 new coins to 6.25 Bitcoin has gone through its third “halving“, reducing the rate at which new coins are created. The digital currency relies on “miners“, who run software that races to solve complex maths puzzles in […]
 

Gambling for a good cause – CryptoSlots donates all proceeds from new slot to the fight against coronavirus

May 11 2020 @ 09:53
CryptoSlots released their newest slot, Micro Monsters, a game filled with bonus extras to beat the reels’ viral critters. The biggest bonus, though, is that every bet made on the slot will be donated by the crypto casino to Direct Relief, a charity supporting health workers and patients during this pandemic. Take part now and […]
 

Bitcoin – A future Money with Great Benefits

May 11 2020 @ 04:00
In the world of cryptocurrencies, people are often heard arguing about their preferences for one centralized exchange over another. You know that you can also exchange cryptocurrencies directly with other merchants without the need to have an intermediary throughout the process? In the world of cryptocurrency trading, there is a modality known as P2P (or […]
 

Bitcoin – Earn the Money and Ready to Use

May 11 2020 @ 04:00
It seems that today, many people have joined the bitcoin trend and seem to be making a lot of money exchanging bitcoins and other cryptocurrencies. We see all these people getting rich and we ask ourselves: “How do they do this?” If you are in fact interested in using the bitcoin, you will become aware […]
 
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