(Photo illustration by Chesnot) Getty Images Bitcoin (BTC) has been on the rise since trading as low as 29,283.97 on July 20. Based upon its September close of 43,438.50 my proprietary analytics shows a risky level for October at 57,814. This level was exceeded in today’s trading. Gapping above its quarterly pivot at 45,713 on… More
Binance coin prices surged recently, climbed 19% in under 24 hours. (Photo Illustration by Budrul … [+] Chukrut/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Binance coin experienced some notable gains recently, climbing close to 20% in less than 24 hours after markets responded to news that Binance had announced a $1 billion… More
Hyperledger’s first executive director, Brian Behlendorf, is stepping down, passing the reins to … [+] vice president Daniela Barbosa. Getty Images for TechCrunch In December 2015, when the non-profit Linux Foundation launched a consortium-style working group dedicated to developing blockchain tools for enterprises, called Hyperledger, many were outright “scared away” by the very term ‘blockchain’,… More
The valuation of Luna, the native crypto asset of the Terra blockchain, has hit $38 billion. Its strong performance comes amidst the completion of a major network upgrade called Columbus 5. The price of LUNA, the native crypto asset of Terra blockchain ecosystem, year-to-date. TradingView.com What Is The Columbus 5 Upgrade? Terra is unique in… More
Bitcoin prices experienced a brief jump this morning, and have been trading reasonably close to … [+] their intraday high. (Photo Illustration by Chesnot/Getty Images) Getty Images Bitcoin prices spiked earlier today, pushing higher as the cryptocurrency benefited from several developments that could be considered bullish. The digital currency, which is the world’s largest in… More
Analysts weigh in on where ether will go after its recent decline. (Photo Illustration by Budrul … [+] Chukrut/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Ether declined with many digital assets today, pushing lower after the markets reacted to the latest announcement made by The People’s Bank of China (PBOC) that it… More
When the stock market sells off sharply — as it did on Monday during the Evergrande meltdown — bitcoin and other cryptoassets often sell off too. This always surprises people. Skeptics come out of the woodwork and shake their heads, noting sarcastically: “I thought cryptoassets were supposed to be uncorrelated.” I find this baffling. If… More
Topline Cryptocurrency prices plunged Monday morning during a widespread market sell-off sparked by concerns of a potentially catastrophic debt default in China, pushing many of the world’s largest digital currencies to their lowest levels in more than a month. The world’s largest cryptocurrencies slipped to their lowest prices in more than a month. Getty Images… More
Over the first three years of the Forbes Blockchain 50, our list of billion-dollar companies making meaningful use of the technology popularized by bitcoin, has become a bellwether of institutional adoption. Our list shines light on how large corporations—often household names like Walmart and Novartis— are using blockchain tech to improve business processes and become… More
Ingesting Bitcoin information getty Bitcoin is a fascinating multifaceted topic that requires much research to comprehend. I’ve spent a decade trying to understand it and help others do the same – over the years I found myself repeatedly searching for answers to the same questions, thus I started bookmarking resources to save myself the time… More
Topline Though it’s been one of the year’s fastest-appreciating cryptocurrencies, Solana’s sol token has given up much of its massive gains this week, plunging more than 35% from last week’s record high following a network outage that some experts believe could bolster the case for more-established platforms like Ethereum. Ethereum prices have ticked up about… More
Following the initial announcement in June, the cryptoasset space has long been awaiting the official launch of bitcoin as legal tender in El Salvador. This represents the first nation state to recognize the cryptocurrency as – in essence – the legal equivalent of money for the purposes of business transactions. In other words, bitcoin is… More
Bitcoin fell more than 15% in roughly an hour today. – bitcoin cryptocurrency, realistic 3d … [+] illustration getty Bitcoin prices suffered a flash crash this morning, falling to their lowest in nearly a month the exact same day that El Salvador adopted bitcoin as legal tender. The world’s most prominent digital currency reached $42,921.27… More
Topline The cryptocurrency market posted staggering losses Tuesday as a wave of selling pummeled the prices of nearly every single coin—unraveling the gains priced in by a retail trading mania ahead of El Salvador’s first day accepting bitcoin as legal tender. Top cryptocurrencies like bitcoin, ether and Cardano’s ada plunged as much as 15% within… More
Topline Following weeks of pent-up price momentum, cryptocurrencies rallied Thursday morning amid growing fervor for the buzzy blockchain-based digital collectibles known as non-fungible tokens and ongoing institutional adoption—boosting the market to levels unseen since a flash crash in May wiped out more than $1 trillion in value. Cardano has amassed nearly $100 billion in market… More
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