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Cryptocurrencies

Bitcoin Cash Consolidates After 15% Correction, but Broader Appeal Still Lacking

Posted on September 11th, 2017.

Bitcoin cash (BCH) rose on Monday, as the crypto community regained its senses following China’s ban on initial coin offerings. The forked BCH cryptocurrency has struggled to gain momentum after a roller coaster first week of trading back in early August. BCH: Stuck in a Range Bitcoin cash appears to have settled after a fresh...

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Bitcoin

Sunday Devotional: Welcome the Chaos, Buy the Dips

Posted on September 10th, 2017.

It’s nice to go to Facebook sometimes, especially into the cryptosphere. You find the real meat and potatoes people of the crytpo world, and in general, they’re the kind of people you hope really do benefit from all this madness we’re collectively generating in the blockchain sphere. Then you witness a group of Westerners dupe a group of...

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Analysis

Cryptocurrency Market Sheds Billions Over the Weekend

Posted on September 4th, 2017.

The value of all cryptocurrency plunged more than 9% over the weekend, declining from a high of $179 billion to $162.5 billion. Analysts say the correction does very little to alter the technology’s upward trajectory, and may in fact be a way to encourage new buyers to enter the market. Cryptocurrency Market: Onward and Upward Even...

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Bitcoin

Bitcoin Prices Stable Near Record as Markets Eye $5,000

Posted on August 31st, 2017.

Bitcoin edged higher on Thursday, as investors set their sights on a new milestone amid conflicting signals in the broader cryptocurrency market. Bitcoin Hovers Near Record Territory The value of bitcoin (BTC/USD) climbed 1% to $4,624.00 Thursday morning, pushing its market cap to roughly $73 billion. The BTC has broken out of a trading...

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Analysis

Litecoin Pops as Investors Grow Weary of Bitcoin Cash

Posted on August 24th, 2017.

Litecoin (LTC) spiked above $50.00 on Thursday, as demand for Bitcoin Cash (BCH) cooled amid growing concerns that it is heading for another crash. According to Bitcoin analyst Tuur Demeester, the next BCH selloff will likely push Litecoin prices sharply higher. The Bitcoin Hedge? Demeester refers to Litecoin as the “real Bitcoin...

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Breaches

Ethereum Notches Two-Month High as Bitcoin Offspring Triggers Volatility

Posted on August 22nd, 2017.

Digital currency Ethereum climbed to a two-month high on Monday, taking some of the heat off Bitcoin and Bitcoin Cash, which have slumped since the weekend. Ethereum Forges Higher Path Concerns over Bitcoin created a favourable tailwind for Ethereum (ETH/USD), which is the world’s No. 2 digital currency by total assets....

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Cryptocurrencies

Bitcoin Cash (BCH) Corrects Lower After Record-Setting Weekend

Posted on August 21st, 2017.

The Bitcoin Cash (BCH) offshoot soared to new records over the weekend, as higher trade volume and a boost in mining profitability drove gains. However, prices have since come crashing down amid a broad pullback in the newly forged cryptocurrency. BCH Approached $1,000 Over the Weekend Bitcoin Cash jumped 44% to $996.92 on Saturday,...

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Bitcoin

Bitcoin Forges New Highs as Prices Quadruple This Year

Posted on August 14th, 2017.

Bitcoin’s relentless surge continued over the weekend, with prices crossing $4,000.00 for the first time since the cryptocurrency was introduced back in 2009. BTC/USD: On to a New Milestone The BTC/USD exchange rate reached a high of $4,190 for a new all-time record, according to Bitstamp. After a brief pause, Bitcoin’s...

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Bitcoin

Bitcoin’s Offensive Continues as Prices Breach $3,400

Posted on August 8th, 2017.

Bitcoin’s value jumped to a new record on Tuesday, a clear indication that the bull market was back in vogue following a month of turmoil. $3,000 & Beyond The virtual currency (BTC/USD) rose 2.4% to $3,468.00 in overnight trading, according to Bitstamp. Before the weekend, the BTC/USD had crossed the $3,000 mark only once. At...

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Bitcoin

Why Investors Should Just Hold Onto Bitcoin and Worry About Bitcoin Cash Later

Posted on August 6th, 2017.

On August 1, Bitcoin Cash (BCH), a hard fork proposal led by Chinese bitcoin mining pool ViaBTC, was forked and hours later, ViaBTC mined the first BCH block. BCH, which was initially developed by a bitcoin mining equipment manufacturer, struggled to gain acceptance from the industry, exchanges and businesses. As a result, its market cap...

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Analysis

Flash Update: Bitcoin Surges to New High Above $3200 Under the Radar

Posted on August 5th, 2017.

It’s a Saturday morning surprise for cryptocurrency investors once again, with the most valuable coin choosing the low liquidity environment to finally top the once elusive $3000 mark. As Bitcoin Cash continues to fade, (down to $240 from a high of $700) BTC emerged from the fork stronger than ever and now crossed the $50 billion...

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Analysis

Bitcoin Cash: Lack of Support for BCH Deposits Will Limit Price Discovery

Posted on August 4th, 2017.

The price of Bitcoin Cash is fluctuating wildly just days after it was minted – a trend expected to continue as bitcoin users face difficulty accessing their BCH deposits. Early-Stage Volatility BCH price discovery was off to a rocky start on Tuesday, with volatility extending throughout the week. Values peaked at $756.93 on...

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Bitcoin

Bitcoin Maintains Market Share After Digital Currency Split

Posted on August 3rd, 2017.

Bitcoin prices were remarkably steady on Thursday, as markets welcomed a new version of the digital currency following the Aug. 1 fork. Bitcoin Prices Survive Hard Fork After reaching $2,900.00 on the day of the fork, bitcoin prices have stabilized north of $2,700.00. The BTC/USD traded within a $23 range on Thursday, retaining a market...

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Analysis

Analysis: Cryptocurrencies Remain Choppy as Bitcoin Cash Gains Market Cap

Posted on August 2nd, 2017.

It was an interesting day for the crypto segment in deed. While the Bitcoin fork didn’t cause the disaster that some feared, volatile trading continued in BTC and Bitcoin Cash, with the latter surging above $10 billion in market value as miners and users embraced the new coin and propelled the price above $700. BTC slid somewhat from its...

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