Markets

At the time of writing, bitcoin – the world’s number one cryptocurrency by market cap – has added another $500 to its price and is now trading for well over $19,500. This is a new high for the currency considering the asset has spent the last few days traversing the doldrums.Bitcoin Surges By $500To be fair, the currency has done well for itself. It recently spiked beyond the $19,000 mark for the umpteenth time in the past few months and has remained there for a short period. However, this...

Both Algorand and the Algorand Foundation are actively developing the protocol to ensure long-term sustainability.Algorand has been making significant waves in the crypto market, as it promises a pure proof-of-stake blockchain protocol that’s seamlessly able to achieve decentralization, security, and scalability. In other words, Algorand has cracked the blockchain trilemma, an issue that cryptographers and software engineers have long been battling. Algorand’s aim is simple – cater to the...

The last week saw the entire cryptocurrency market painted in green. Interestingly enough, Litecoin is the major altcoin that gained the most, with BTC following in second place. Unfortunately for XRP bulls, it failed to realize any substantial profits over the past seven days. BitcoinBitcoin saw an impressive growth over the past few days, resuming its long-term bullish trend with full speed. From around the $17,100 correction level, the leading cryptocurrency bounced back with roughly 25%...

While Chinese firms eventually become successful trading in US markets after making their public debuts, some firms underperform with even getting kicked out due to one scandal or another. In what appears to be the most tumultuous year for most businesses, Chinese firms that listed in US exchanges through an Initial Public Offering (IPO) has broken a 6-year record. According to a report by CNBC, a total of 30 Chinese firms had their IPO this year and collectively raised a total amount of...

With bitcoin climbing to new all-time highs, the cryptocurrency has garnered the attention of centralized financial institutions. Goldman Sachs Group Inc. offered its views on the market and said that BTC’s rise shouldn’t threaten gold’s position as the inflation hedge of choice as both assets can coexist.Bitcoin And Gold Can CoexistEver since bitcoin’s creation, the primary cryptocurrency has been largely compared to the yellow metal due to some of the common attributes, such as the limited...

The report estimates that the transaction volume in DApps in 2019 was $21 billion, meaning there has been a 1178% increase.The year 2020 was a perfect one for the growth of the Decentralized Finance (DeFi) economy with billions flowing into the ecosystem and positively affecting the performance of Decentralized Applications (DApps). According to a report by DappRadar, the total volume transactions of DApps in 2020 recorded a 1200% growth with an amount of about $270 billion. Interestingly,...

Guggenheim CIO Scott Minerd says that the rampant money printing by the Federal Reserve coupled with Bitcoin scarcity makes a favorable case for the BTC. Thus he expects BTC to skyrocket to $400,000 wherein it will be close to the global gold market cap.Bitcoin (BTC) has been on a roll as investors flood the cryptocurrency with massive buy orders. On Thursday, December 17, the BTC price surged all the way to its new all-time high above $23,500. since then, BTC has corrected only marginally...

Following the massive surge towards a new all-time high of nearly $24,000, bitcoin dipped and calmed around $23,000. Some alternative coins, such as Litecoin and Ripple, have added value in the past day resulting in the total market cap tapping $670 billion.Bitcoin Paints A New ATH And Slides To $23KBitcoin consolidated around the $19,000 mark for a few days before initiating an impressive leg up that resulted in breaking a few records.Initially, the primary cryptocurrency breached above...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 1038. Im heutigen Video geht’s um folgende Themen: Coinbase plant Börsengang – Erste Schritte in Richtung IPO & Kim Dotcom spricht sich für Bitcoin Cash aus. 1.) Coinbase plant Börsengang – Erste Schritte in Richtung IPOhttps://bitcoin-kurier.de/coinbase-plant-boersengang-erste-schritte-in-richtung-ipo/ 2.) Kim Dotcom throws weight behind BCH, tips $3K price in...

Bitcoin cash price started a fresh increase above the $280 resistance against the US Dollar.The price surged towards the $330 resistance and settled well above the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $302 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could continue to rise as long as it is above the $300 support zone in the near term.Bitcoin cash price started a strong increase above $300 against the US...