As we’ve been witnessing since the beginning of January, bitcoin has been on a very serious roll. It’s shot up nearly $3,000 at the time of writing, beginning the month at a measly $6,900 and then firing up to approximately $9,300.Bitcoin May Not Be Out of the Dark Just YetWhy then, are there certain individuals afoot who still don’t think the currency is in great shape? While they acknowledge that bitcoin is doing well and potentially picking itself up out of the doldrums it experienced at...
Read More »BSV Is Firing On All Cylinders, but Can This Momentum Last?
Bitcoin SV (BSV) is one of the crypto industry’s top new coins. Last week, it was performing extremely well and had added nearly 100 percent to its overall value. That means it nearly doubled in price over the course of just a few days and was trading for well over $300.BSV Is On a Serious RollNow, the currency’s blockchain has managed to integrate itself into roughly 400 separate projects and companies across the globe. This number is expected to move even higher in the coming weeks as more...
Read More »Could Bitcoin Be Replaced By a Bank-Based Digital Currency?
There is great fear traveling through the crypto space… Fear that somewhere down the line, bank-issued cryptocurrencies will somehow replace bitcoin and its altcoin counterparts.Will Bitcoin Be Replaced?But is that fear valid? We need to look at a few facts before we can make an official decision. For one thing, these cryptocurrencies issued by financial institutions will be centralized, meaning the banks will be in control of who receives the crypto units and what they can be used for. This...
Read More »Moving On Up: Bitcoin Jumps Past $7,500
Bitcoin is continuing its bullish price run and is now trading above the $7,500 mark.Bitcoin Is Still on a RollThe currency has been gaining steam a little at a time – usually $100 here, followed by $100 there. Bitcoin initially ended last week at roughly $7,300 but has gained $200 from there.This goes back to the argument we reiterated in yesterday’s piece. The way for BTC to get ahead is through a slow and steady pattern; not all at once. The latter method was already utilized and witnessed...
Read More »Google Removes MetaMask Only to Reinstate It a Week Later
Google has taken a stance against an Ethereum application it thought was mining cryptocurrency.Google Moves Against Crypto – AgainThe application is known as Meta Mask, and Google has removed the wallet from its Play Store – only to quickly reinstitute it. Following a quick reexamination of the situation, Google has decided that the application was not extracting new coins like it thought and has made the application available for download once again.If this sounds familiar, it’s because...
Read More »Arcane Research: Bitcoin Trading Is Too Low
Bitcoin has had something of a shaky start in 2020, but the currency has managed to remain above the $7,000 line, which is always a good thing.Bitcoin Trading Volume Isn’t High EnoughAccording to one source, however, cryptocurrency enthusiasts and analysts are focusing too much on the movement of the price and not enough on the daily doings that occur behind closed doors. It points out that bitcoin volumes are as low as they were in April of last year, which could lead to an increase in...
Read More »Week in Review: The Bitcoin Price Has Experienced Ups and Downs
At the time of writing, bitcoin – the number one cryptocurrency by market cap – is trading above $7,400, which is the highest it’s been in the new year and the highest it’s been in a while.Things Are Both Shaky and Stable for BitcoinTo say things have gotten off to a rocky start for bitcoin in 2020 would be a bit of an understatement. While the currency did begin above $7,000, enthusiasts and traders everywhere got a bit of a scare when two days later, the currency fell into the $6,000 range...
Read More »Nicolas Maduro: We’ll Sell Two Valuable Assets in Exchange for the Petro
Oh, President Maduro – when are you going to learn that the only person who seems genuinely interested in the Petro currency is you?! When are you going to see that nobody in Venezuela or abroad gives a hoot about your failed digital asset?The Petro Is Still Being Pushed, Now in Questionable WaysUnwilling to accept reality, Nicolas Maduro – president of Venezuela – is continuing to push a Petro-backed agenda, saying that his country will now sell both gold and oil for Petro units. So here,...
Read More »Unhappy New Year? Bitcoin Falls Into $6,000 Range
We’re just a few days into the new year, and bitcoin is continuing to show signs of depreciation.Bitcoin Continues to Head SouthThe currency remains a popular investment, but bitcoin’s price has started 2020 out with a few significant nosedives. The currency has fallen (once again) below the $7,000 line, and many are wondering if the year will continue to take bitcoin on a whirlwind of drops.While it’s probably too early to tell, 2020 is simply continuing the trends set forth by the previous...
Read More »Bitcoin Has Outdone All Other Investments Thus Far, Putting Doubters in Check
Bitcoin may be down, but it’s still given users a lot of happiness.Bitcoin Has Outdone All Other InvestmentsPer one source, the currency has risen by more than nine million percent over the past ten years. The 2010s were an up-and-down decade. Many were recovering from the Great Recession that had occurred roughly two years earlier, and several people in the U.S. who had worked in the manufacturing industry were stuck looking for new jobs given that the country had shipped many of its...
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