It has been a rough week for new cryptocurrency investors and day traders, as many cryptocurrencies have dropped over 50% in value in just a few days time. Currently, Bitcoin (BTC) is trading at just over … Read
Cryptocurrencies are tumbling since hitting the peak on Jan 7 when the total crypto market capitalization had touched the level of $813 billion. However, the selloff intensified over the last two days, thanks to China and … Read
Alibaba Launches Crypto Mining Platform Despite Chinese Government Restrictions, Says Report
According to reports in China, e-commerce giant Alibaba (NYSE:BABA) has now launched its own cryptocurrency mining platform despite the Chinese government’s continuous push to curb … Read
In 2017, we’ve seen Bitcoin and eventually other cryptocurrencies explode onto the scene and become mainstream. Now, some are wondering if the digital currencies have entered “the next stage”, especially now that more and more investors … Read
Ripple XRP extends the downward trend in Tuesday trade, dropping more than 29% following renewed concerns over the potential ban from South Korea and China. Ripple is the most widely traded cryptocurrency in South Korea. Thus, … Read
Blockchain technology is huge. Some even call it the mastermind behind digital currency Bitcoin; so are we really surprised that dozens of companies are starting to move into the Blockchain industry? Not really.
Just Like Stocks, Cryptocurrencies Have Risks
Although no one could predict the patterns in which cryptocurrencies move with the same kind of precision that we do with stocks, these assets do share certain common traits with … Read
If you mentioned cryptocurrency in a conversation with someone in passing last year, most people just assumed you were talking about Bitcoin, but now it seems those times have changed. Altcoins have strongly emerged in the … Read
The cryptocurrency market has taken a beating this week after CoinMarketCap unexpectedly removed South Korean exchanges from its index, which in turn caused major but temporary uninformed panic sell-offs.