Bitcoin risks a further sell-off if the bulls’ defense of $3,700 fails to produce quick recovery. Continue reading Bitcoin Price Holds Above $3,700 But Bulls Need Progress Soon
Tag Archives: But
Ethereum Classic (ETC) May Decline Further But Future Prospects Are Bright
Ethereum Classic (ETC) is handing by a thread as price trades lightly above the 50 day moving average. This is the only thing between ETC/USD holding its ground and crashing hard to a new low in 2019. So long as Bitcoin (BTC) continues to stall a move to the downside, Ethereum Classic (ETC) is expected to do the same. Continue reading Ethereum Classic (ETC) May Decline Further But Future Prospects Are Bright
Bitcoin Valuable in a Dystopia, But Not Anywhere Else: JP Morgan Analyst
Contrary to statements from its cryptocurrency-bashing CEO Jamie Dimon, JP Morgan has finally admitted that bitcoin has value, albeit in the unlikely event that the world descends into a “Bird Box”-style dystopia. Continue reading Bitcoin Valuable in a Dystopia, But Not Anywhere Else: JP Morgan Analyst
Ethereum Postponed its Hard Fork, But Some Miners Didn’t Listen
On January 15, Ethereum’s developers put out a security alert that they were postponing the scheduled Constantinople upgrade. Not everyone made the appropriate changes, however, and there is a currently a parallel universe of Ethereum mining. A “chain split” has occurred, and some miners are mining the unofficial Constantinople chain without consensus from the majority of the network. Continue reading Ethereum Postponed its Hard Fork, But Some Miners Didn’t Listen
Bitcoin is a ‘Fad,’ But Even NASA is Investing in Blockchain
Bitcoin birthed the concept of blockchain technology, and now even organizations as technologically advanced as NASA are considering its benefits. Yet cryptocurrency is often described as a fad, a bubble, and even worthless. Continue reading Bitcoin is a ‘Fad,’ But Even NASA is Investing in Blockchain