According to professional trader Scott Melker, Ethereum’s “tremendous upside potential” could overshadow Bitcoin this year. Ethereum is likely to outperform Bitcoin, at least in the short term, said veteran trader Scott Melker in an exclusive interview with Cointelegraph. Alt szn is upon us Melker sees this period of Bitcoin’s price consolidation as particularly bullish for …
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Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more a week on Cointelegraph in one link. Top Stories This Week Bitcoin suddenly hits $60,000 as a new resistance battle liquidates $850 …
ETH I noted last week that the Ethereum price was “looking to make another drive towards the highs at $2,000.” The number two cryptocurrency by market cap did just that and blew through the previous obstacle to see new all-time highs above $2,100. The last two weeks saw the amount of staking in the coin …
Continue reading “Ethereum Hits a New Record High, Bitcoin Stalls Under $60k, WRX, HOT, Apr. 5”
Litecoin Rebrands to Bitcoin Lite On April Fools’ Day, Litecoin rebranded itself as “Bitcoin Lite.” The joke was a thorough effort, with a completely revamped website and Twitter account. Though the change was a joke, it contained a bit of truth: Litecoin really is based on Bitcoin’s code. The project’s original site has been restored, …
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As Bitcoin rises in popularity, concerns are being raised about the environmental impact of Bitcoin mining. However, there may be solutions. Bitcoin Mining’s Environmental Impact Bitcoin is produced through mining, an energy-intensive process that introduces new cryptocurrency into circulation by rewarding those who contribute computer power. Though mining was originally done by individuals, the industry …
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It is that time of year again and we are happy to announce our Annual Cryptocurrency Market Survey. It has been an exceptional year for crypto and our editorial staff cannot wait to hear what you think. Share your thoughts. The survey takes just a few seconds, your answers are completely anonymous, and once you …
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Former OCC acting comptroller Brian Brooks claimed that cryptocurrencies like Bitcoin “actually are backed by something.” Brian Brooks, former acting comptroller of the currency of the United States Office of the Comptroller of the Currency, has claimed that cryptocurrencies like Bitcoin (BTC) have some backing, while the U.S. dollar may not have any. Brooks gave …
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Is a $100-billion valuation justified? Profit margins could tighten with increased competition. The Coinbase direct stock listing could be a rite of passage for the blockchain and cryptocurrency industry, and the announcement on March 20 by the United States Commodity Futures Trading Commission of a $6.5-million fine against Coinbase for “wash trading” and filing misleading …
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SushiSwap wants to offer a wider net of margin assets than independent DeFi lending platforms. Decentralized exchange SushiSwap has announced the “rolling release” of Kashi, a specialized lending platform specifically designed for margin trading on the exchange, and BentoBox, a dual-purpose yield vault. Kashi aims to let traders borrow assets for creating leveraged long and …
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Crypto.com’s Crypto.org Chain aims to bring cryptocurrency payments mainstream. Blockchain infrastructure provider Bison Trails has announced another major industry partnership, this time with Crypto.com, a leading digital currency exchange looking to bring familiar transactional use cases to cryptocurrency markets. Bison Trails is providing key infrastructure to Crypto.org, Crypto.com’s public, open-source payments blockchain. As part of …
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The two main factors driving mass adoption are converging, says Crypto.com CEO Kris Marszalek. Watch Cointelegraph’s latest interview with Crypto.com CEO Kris Marszalek to understand the catalysts that will push crypto to 200 million users. For more crypto and blockchain content, check out and subscribe to Cointelegraph’s YouTube Channel! When adoption? It took over a …
Data shows pro traders who bought the Ethereum price dip below $1,600 are now booking profits even though today’s $1.15 billion options expiry was uneventful. Ether (ETH) rebounded from a $1,550 low on March 24, which marked a 17% fall from the $1,870 weekly high. Even though the $1.15 billion options expiry in the early …
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A rowdy virtual panel showcased the hurdles and promise of real estate on chain An unusually rowdy (and informative) virtual panel at the Security Token Summit yesterday reveals the fractious difficulties of bringing regulated assets on-chain — as well as the promise and progress of the tokenized real estate use case despite those hurdles. Michael …
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With institutions demanding protection from inflation and dollar depreciation, historical trends could see BTC/USD 8X from current prices, says Bloomberg Intelligence. Bitcoin (BTC) still gets criticized for being too volatile, but one Bloomberg analyst believes that it conversely is becoming a “risk-off” choice for investors. In a tweet on March 25, Mike McGlone, senior commodity …
Continue reading “Bitcoin can reach $400K in 2021 as ‘risk-off reserve asset’ — Bloomberg”
Even a virtual company such as an online casino must update its services based on customer needs. For example, the promotion like True Blue casino daily free spins is a real revolution in the gaming industry. However, improving a business is easier said than done. It’s tough, but doable with the right strategies. In this …
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