Venture capitalist Lou Kerner says bitcoin is well on its way to replacing gold as the dominant store of value, noting that its market cap has already surpassed that of silver. “What [bitcoin] has evolved into is a store of value,” Kerner told Bloomberg. “Today, the
ICO OpenLedger (CURRENCY:ICOO) traded flat against the U.S. dollar during the 24 hour period ending at 19:00 PM E.T. on December 31st. ICO OpenLedger has a total market cap of $52,779.00 and approximately $0.00 worth of ICO OpenLedger was traded on exchanges in the last
Outputs per day paints a more accurate economic portrait of the state of the bitcoin blockchain as larger players in the bitcoin industry use techniques to cut down on transaction costs, giving traders and investors an important tool upon which to base their decisions. Here’s
Last month saw the price of BTC/USD (BTC-USD) drop below its long-standing support price of $5,800, on the back of the Bitcoin Cash (BCH-USD) hard fork which produced just the impetus needed for sellers to push prices below this support level. This price move is
Crypto investors had a rough 2018, but the wider markets also fell off a cliff over the last few months. The latter months of 2018 saw trillions of dollars wiped from global equities’ value. High-yield credit offerings are also basically frozen, which may explain why
Key Points Bitcoin price recently tested the $3,950-4,000 resistance area against the US Dollar. There is a key breakout pattern in place with resistance at $3,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is likely to break the
The last eighteen months have been a bumpy road for initial coin offerings (ICO’s). Last year we reported that China had banned them completely citing concerns over large-scale fraud and regulatory bodies across the world have begun to take a tougher stance on the practice.
Many crypto companies will struggle to survive this year, according to industry observers, after collapsing prices in 2018 depleted the reserves needed to fund their businesses. Companies in the space are already laying off workers, shutting down operations, and scaling back plans in the face
Theta Token (CURRENCY:THETA) traded 18.2% lower against the dollar during the 1-day period ending at 20:00 PM ET on December 30th. One Theta Token token can currently be bought for approximately $0.0461 or 0.00001345 BTC on cryptocurrency exchanges including Huobi, Binance, OKEx and Hotbit. Theta
The sell-off in US stocks which began in October is establishing 2018 as the worst year the market has encountered in a decade. As of December 28, the S&P 500 index was down about 7 percent on the annual and 15 percent from its high.