Below $15K: Bitcoin Plays Defense Amid Bear Move: Bitcoin remains on the defensive, despite yesterday’s sharp recovery from $14,000 levels. Data source OnChainFX indicates the world’s largest cryptocurrency by market capitalization has depreciated by 4.54 percent in the last 24 hours. As of writing, CoinDesk’s Bitcoin Price Index is at $14,750 levels. The BPI fell … Read more
Aerospace Engineer Uses Bitcoin Cash to Buy $415,000 Home in Seattle: The mainstream adoption of cryptocurrency is continuing on pace in all different business sectors and in many economies across the world. The latest example of this featured in the press is the recent acquisition of a home using bitcoin cash. The Bitcoin Cash … Read more
The Bitcoin Price Equivalence Shows What “Cheap” Cryptocurrencies Are Really Worth – There’s been a lot of talk lately about market capitalization and circulating supply. As sub-$1 altcoins have shot up in price, some new investors have been making noises about their anointed coin being worth more than bitcoin one day. What these new entrants … Read more
Ripple will be bigger than bitcoin if it hits $7 – Market capitalization has become an obsession with many cryptocurrency watchers. It refers to the value of the entire digital currency in circulation and is worked out by multiplying the supply of the virtual coin by the price per unit. With bitcoin, the largest cyrptocurrency … Read more
A Bullish Sign For Bitcoin, Ripple, And Other Cryptocurrencies – When Bitcoin plunged close to 40% back in the middle of December, Ripple took off, quadrupling in value in a matter of days to take second position among cryptocurrencies in terms of market capitalization. Meanwhile, other cryptocurrencies rallied in sympathy. Like Ethereum, Litecoin, NEM, Siacoin, … Read more
This Week in Bitcoin: The Hunt for the Next Bitcoin Intensifies: Well, that just happened. What happened? Let’s see: crypto penny stocks mooning. Centralized banking coins mooning. Long forgotten alt bags and even abandoned projects languishing on Cryptopia mooning. Basically everything that wasn’t bitcoin mooning, bringing with it a new wave of zealots and maximalists, … Read more