Hedge fund Tetras Capital has issued a bearish call on ethereum and opined that bitcoin has more upside potential. The New York-based fund has been blessed with perfect timing, with ETH falling in BTC terms following the publication of its report 24 hours ago, while bitcoin has rallied strongly. Also read:Â Post-Flood Reflections Reveal Insights Into […]
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After a prolonged crypto winter, the dog days of the altcoin summer are finally here — which means you might want to watch these five cryptocurrencies carefully. NAGA Coin (NGC) First on the list of cryptos to look out for this summer is NAGA COIN (NGC). NAGA COIN is the token which powers the expansive […]
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Multinational financial services corporation American Express has shown increased interest towards blockchain-based technology. Following in the footsteps of major competitors like Mastercard, the company has filed a patent for a proof-of-payment system based on blockchain technology.  American Express — commonly referred to as Amex — filed a patent on July 12 called “Systems and Methods for […]
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It’s true, I’ve always enjoyed reading the paper. When I was younger I used to track the price of gold daily in my grandfather’s copy of the Wall Street Journal. Before that though, I was drawn to the funnies. The Wizard of ID is a classic. For those of you who aren’t familiar, it’s about […]
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Despite non-stop criticism, obituaries, and competition from altcoins, Bitcoin has undeniable advantages — ensuring that its value will keep rising for decades to come. It might make sense just to get some in case it catches on. If enough people think the same way, that becomes a self fulfilling prophecy. Satoshi Nakamoto, 1/17/2009 Bitcoin is […]
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In our previous discussion, a strong possibility for a retest of the low volume spring was noted as the market was beginning the early stages of an inverted head-and-shoulders (H/S) reversal (sometimes called a head-and-shoulders bottom). A couple days ago, shortly after testing the left shoulder of the head-and-shoulders reversal (H/S), the market reacted strongly […]
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Bitcoin’s price shot well above $7,000 Tuesday in a dramatic move.
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Co-founder of PayPal and well-known venture capitalist Peter Thiel and Jihan Wu’s Bitmain Technologies Ltd. have invested into Block.one — the publisher of EOS. More Money… Following its $4 billion ICO, Block.one announced that it has closed a strategic round of investment after attracting partners like Peter Thiel, Bitmain, Louis Bacon, and Alan Howard. The amount […]
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One major class of attacks to hit the hacking landscape recently is cryptomining. While cryptomining on its own supports a good cause when being done consciously, it also allows nefarious actors to make a lot of money fast, and, with the sheer number of cryptocurrencies available to mine, it is becoming a popular choice for […]
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Stronghold, a cryptocurrency trading platform housed by Stellar, is launching a stablecoin on its parent network’s blockchain in collaboration with IBM. Stronghold USD will be backed with “one-to-one U.S. dollars per coin,” according to an official press release, and held in an account with Nevada-based Prime Trust, the same trust company that banks for the […]
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