Earlier this week, coins.fyi writer Cole South published a post on why he no longer HODLs bitcoin that generated some animated Twitter discussion. So it seemed important to provide a quick walk through of some of South’s arguments from a Bitcoiner perspective. Of course, I’m not expecting to change South’s mind and get him to … Read more
The crypto market was mostly in the green territory on Thursday, with Bitcoin recovering all of the previous day’s losses and even surged to a 10-day high beyond the $42,000 level. Bitcoin was trading at $42,484.88, up 3% in the last seven days, data from Coingecko show. Ethereum followed suit with a similar local high, … Read more
Volatility remains one of the characteristics of Bitcoin that could easily change the holding stance of investors. To some, a downward movement will mark their period of massive accumulation and expansion of their holdings. On the other hand, some will suffer considerable losses through a dip. Bitcoin has been on a dipping move as it … Read more
Bitcoin and Ethereum had led the market in the recent price decline. It has led to a lot of profit-taking on the part of investors that want to avoid incurring more losses in the long term. Nevertheless, investors remain undeterred as they continue to accumulate coins. The result of this has been intense outflows for … Read more
Former BitMEX CEO Arthur Hayes posted another prediction for Bitcoin and Ethereum. At the same time, the top cryptocurrencies by market cap continue moving in a tight range with today’s U.S. Consumer Price Index (CPI) increasing volatility across the board. Related Reading | TA: Bitcoin Resumes Decline, Why BTC Could Revisit $40K At the time of … Read more
Bitcoin fell 15% in the last 24 hours, plunging below $40,000 for the first time since middle of March. Meanwhile, Ethereum was down 14%, retreating below the $3,000 level for the first time since March 22. BTC was trading at $39,783 at the time of writing, while Ether (ETH) fell to $2,978.54, according to Coingecko … Read more
The majority of cryptocurrencies were trading in the green zone early Sunday. Bitcoin price increased 0.62% in the previous 24 hours to $42,679.03, while Ethereum’s price inched up 1.26% to $3,254.76. According to Coindesk data, Ether, the second most traded cryptocurrency, was trading at $3,254, up 1.21%. During the previous day’s session, Bitcoin was trading … Read more
The school of thought that Ethereum will one day flip Bitcoin is one that has been around for a while. Although debates around this have subsided following the bull rallies that rocked last year. However, it seems not everyone has forgotten about this. One of those is Galaxy Digital’s trading co-head Jason Urban. The trading … Read more
Amid the growing momentum to bar Russia from international payment rails, the potential usage of bitcoin and cryptocurrency by the country and its citizens to bypass sanctions from the U.S. and other nations has stirred polarizing takes. While some judge it to be impossible for Russia to leverage bitcoin to go around financial restrictions, others … Read more
In a recent blog post called “Endgame”, Ethereum founder Vitalik Buterin addressed the concerns around undue centralization of Ethereum. But not so that he might dismiss those claims. Nay, he’d rather confirm them. Source There are a couple of noteworthy comments in the beginning of this article, such as “average ‘big block chain’,” and “acceptably … Read more