Bitcoin Price Jumps $1,000 in Sudden Spike Beyond $10,000; What’s Next?

On July 18, the bitcoin price experienced an abrupt surge from around $9,300 to $10,500 as the crypto market rebounded, rising by well over $1,000 within minutes, as CCN reported. Following the sudden upside movement, technical analysts still generally remain cautiously bearish towards the short term trend of the dominant crypto asset due to its […]

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Bitcoin Cash Maximalist Joins ‘Blockchain-Agnostic’ Crypto Wallet Project

Although Bitcoin.com CEO Roger Ver left the Bitcoin community to help establish Bitcoin Cash, he still considers himself a Bitcoin maximalist. His preferred vision of Bitcoin has larger blocks and smaller fees, all to ensure that the cryptocurrency becomes one thing: electronic cash. #BitcoinCash is still very attractive to the libertarian viewpoint.#Bitcoin BTC was overrun […]

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Bitcoin Price Surges by 9 Percent in Minutes. What Triggered the Move?

On June 18, within minutes, the bitcoin price climbed from $9,300 to over $10,500 across major crypto exchanges, triggering the entire market to recover swiftly. Analysts have generally attributed the abrupt surge in the bitcoin price to the occurrence of a short squeeze on margin trading platforms like BitMEX. Big Short Squeeze: Is It Sustainable […]

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Why Didn’t Facebook Just Build Libra on Ethereum?

People may wonder why Facebook has chosen to build their Libra blockchain network from scratch, rather than building on an existing giant like Ethereum, EOS, or even – as was rumored – Stellar. The answer is simple and sophisticated at the same time, depending on how deep into it you want to look. Facebook Wanted […]

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‘Libra Is Screwed’: Industry Insiders Ring Death-Knell for Facebook’s Crypto

Blockstream chief strategy officer Samson Mow pulled no punches with Facebook’s much-hyped crypto, Libra. He is not the first industry insider to criticize the planned crypto launch, both industry experts and lawmakers are voicing concerns over the security of the open-source currency, and the potential censorship issues that come from the way it is being […]

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Newsflash: Bitcoin Price Skyrockets to $10,000 to Reverse Brutal Plunge

The bitcoin price might be down, but don’t ever count it out. After sinking as low as $9,049 on July 17 during a vicious plunge, the dominant cryptocurrency flexed its muscles on Thursday to mount a recovery back across the $10,000 line. The swift rebound saw bitcoin surge nearly $1,000 in less than 30 minutes, […]

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Litecoin Price Spikes Again Ahead of August Halving in 23% Spike

Even a tweet of a Litecoin-hating influencer could not stop it from registering its most profitable day in three weeks. The world’s fourth-largest largest cryptocurrency established an intraday top of $95 after ballooning by more than 23 percent in the previous 24 hours. The surge appeared after American football team Miami Dolphins made Litecoin (Ticker: […]

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Persona Announces Partnership With BountyHive

Persona Announces Partnership With BountyHive Persona, the first blockchain-powered trust protocol, announces a partnership with BountyHive, the industry leader in blockchain marketing. Persona is a decentralized application with no single point of failure, capable of keeping all records encrypted. Individuals have control over their information and the details they wish to share, and more importantly […]

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Binance to Burn Over $2.5 Billion of Its BNB Stash. Guess Who Benefits?

Binance yesterday completed its eighth quarterly “burn” of BNB. With this move, the exchange follows its commitment to reduce the total token supply periodically. However, along with the obligatory token burn, Binance CEO Changpeng “CZ” Zhao announced that his company would relinquish its entire BNB allocation as part of its efforts to promote the growth […]

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