Bitcoin (BTC)

It looks like no matter how hard crypto and blockchain try they can’t please everybody. The Y Combinator’s top 100 list of startups is out, and to our disappointment and dismay, only two cryptocurrency and blockchain businesses have made the cut.Y Combinator Only Chooses Two?The two businesses to earn spots on the list were Coinbase, the popular U.S.-based cryptocurrency exchange (which came in at number five), and SFOX, a crypto dealer for institutional and professional traders. Ah, those...

This week, the market continued to stagnate, but we saw some promising signs in the altcoin arena. While most of the attention was directed toward Bitcoin and whether its price support will hold, many traders’ interest seems to have shifted to altcoins.Bitcoin’s dominance rate declined since peaking at 72%, and other cryptocurrencies finally managed to reclaim some ground.Despite the fact that during the past 3 months Bitcoin’s price has shuffled up, its current price point is still...

BitcoinWe saw an attempt to break down the resistance at around the 200 MA. Support in this range holds at about $8,000. If it fails, we can expect testing lower levels and this will spell bad news for the market. The chart seems to be technically primed for a turning point.EthereumAgainst the USD, we saw attempts to return to the $200 levels. In the meantime, resistance is currently at $190 while support is at $160. The market could be testing it.Against BTC, the cryptocurrency continues to...

In Crypto Twitter (CT), your standing within the community can change very quickly. One day you may feel like you’re on the top of the world but one erroneous call or poor judgment can instantly rob you of your fame. Arguably, no other personality in CT knows this better than trader Tone Vays. The crypto trader has managed to amass a following of over 193,000 followers despite being the target of ridicule and contempt by many big accounts. Before Vays attended the London Blockchain...

XRP saw a price increase of around 1% over the past 24 hours and it currently trades at $0.2926. The cryptocurrency has been on a tear these past two weeks after surging by a total of 17.72%, making it the strongest performing cryptocurrency out of the top 5 in the selected period. The surge has now allowed XRP to retest the $0.30 level which had provided strong support for the market all year until it was broken in July 2019. This price increase is largely a result of XRP surging against BTC...

If you follow some of the best traders on Crypto Twitter (CT), you would think that trading with leverage is the best way to grow your crypto portfolio. After all, some of these traders post tremendous gains in short periods of time. Active trader shows off unrealized PnL of nearly 60%. | Source: TwitterWhile these traders flex their skills, they unwittingly make many of their followers think that trading is an easy game to play. Nothing could be further from the truth. As a result, a lot...

Even though a cryptocurrency exchange-traded fund (ETF) still has to assemble regulatory approval, Grayscale Investments manage to get a green light from FINRA in order to list, what it calls – the first publicly-traded digital currency index fund.After they’ve got Financial Industry Regulatory Authority’s approval, the so-called Digital Large Cap Fund (DLC) will be listed on over-the-counter markets and trade under the initials GDLCF.This is company’s fourth publicly-quoted investment...

The Chicago Mercantile Exchange (CME) Group, a global derivatives marketplace with a wide range of futures and options products, has said that in the last quarter, its Bitcoin futures offering has increased considerably in popularity. According to the CME Group its open contracts surged by 61 percent in number from the same period about a year ago.The CME Group has said that the reason for this is a significant increase in demand from institutional entities that have increased their appetite...

An investor in the OneCoin cryptocurrency scheme is facing death threats after publicly speaking out about her ordeal. Besides death threats, Jen McAdam has also been threatened with sexual violence, according to the BBC. As one of the tens of thousands of victims who lost money in the OneCoin scam, McAdam was most recently featured in a BBC investigative podcast, The Missing Crypto Queen. The podcast dug deep into the disappearance of Ruja Ignatova, the founder of the pyramid scheme. Since...

Google‘s latest attempt of attaining supremacy in quantum computing is giving jitters to crypto enthusiasts across the globe. Experts from the tech world say that quantum computing could likely make cryptography redundant which comes as a huge threat to the crypto industry.After Google’s recent talks on attaining quantum supremacy, Bitcoin enthusiasts are concerned whether it can pose a direct threat to the world’s largest cryptocurrency. Blockchain expert and author, Andreas Antonopoulos,...