Cryptocurrencies

Acceptance of crypto growing across the continent of Africa

Acceptance of Crypto Growing Across the Continent of Africa

Crypto adoption is making substantial progress in Africa, with ownership of crypto, trade volume, and regulation all heading towards greater adoption. A recent report by Arcane Research and Luno found that Uganda, Nigeria, South Africa, Ghana, and Kenya. And these are often among the top ten countries searching for the word “Bitcoin” by Google. The […]

Bitcoin Below $9K as Us-China Tensions Dent Risk Sentiment

Bitcoin Below $9K as U.S.-China Tensions Dent Risk Sentiment

Bitcoin sold off again at $9,000, as investors expected the launch of a new U.S.- China trade war on top of the market-shattering coronavirus pandemic. The cryptocurrency benchmark dropped 3.09 percent on Monday, a day after it peaked at $9,203, to hit its intraday low at $8,633 in early trading; The downhill step reflected the […]

Bitcoin Whale Indicated BTC Price May Crash After Reward Reduction

Bitcoin Whale Indicated BTC Price May Crash After Reward Reduction

The third block reward halving of Bitcoin (BTC) scheduled to take place in 14 days. And this event is usually followed by a powerful rally. That many have long expected will bring the digital asset to a new all-time high. Surprisingly, Joe007, one of the cryptocurrency market’s bitcoin whales, has suggested that halving is already […]

Here's What Driving a Bitcoin Buying Frenzy Amongst Investors

Here’s What Driving a Bitcoin Buying Frenzy Amongst Investors

The capitulatory fall Bitcoin took on March 12th was unprecedented, with the cryptocurrency falling from heights of over $8,000 to lows of $3,800 in a matter of mere hours – a day that will now live in crypto-infamy as “Black Thursday.” However, the market action seen after this selloff continues to reflect the power of […]

Chinese Investors May Invest in Bitcoin in Q2 as Local Funds Cripple

Chinese Investors May Invest in Bitcoin in Q2 as Local Funds Cripple

Bitcoin trading remains prohibited in China, but this has not dissuaded its citizens from pursuing the cryptocurrency as their future investment alternative. This is obvious from the rising quest pattern of the cryptocurrency in the second-largest economy in the world. Google Trends data shows that volume for the keyword ‘Bitcoin’ is expected to hit a […]

New Research Says Bitcoin Price Jumps Response to News of Clear Regulation

New Research Says Bitcoin Price Jumps Response to News of Clear Regulation

Bank for International Settlements researchers is finding that crypto-currency markets actually respond positively to news of clear regulations. Crypto-prices are more regulatory than their reputation suggests By a working paper published on April 18 by the Globalization Institute of the Dallas Federal Reserve Bank, crypto-prices are more open to regulation than their reputation suggests. Though […]

Bitcoin Could Hit $9 K in Q2 as Price Jumps Short-Term

Bitcoin Could Hit $9K in Q2 as Price Jumps Short-Term

Bitcoin has been reporting weekly gains back-to-back since its bleak March 2020 plunge. The cryptocurrency benchmark dropped by 1.80 percent on Sunday but managed to end the week at $7,130 a 3.22 percent higher. The uphill push extended a recovery from its mid-March lows which has lifted bitcoin’s price by more than 85 percent. The […]

Crypto Pundit Says Bitcoin Price Approaching Buy Signal

Brave New Coin analyst Josh Olszewicz used the Ichimoku Cloud to forecast “once in a quarter” opportunity to buy Bitcoin. Crypto analyst at Brave New Coin Josh Olszewicz says Bitcoin (BTC) is about to see a buy signal that just one-quarter of the cryptocurrency goes through. Olszewicz posted a video commentary on the chart below […]

Crypto Market Below $200B, As Bitcoin Price Fall Below $7K

Bitcoin (BTC) price falls nearly $200 in minutes on April 10 to slip for the first time in four days under $7,000. The sudden drop from $7,150 to $6,915 has also created the most volatility seen in recent days and Bitcoin trades about $6,940 at the time of writing. What’s next for the BTC price […]

Folding@Home Surpass 400K users amid crypto contribution

[email protected] Users Reach 400K Mark Amid Crypto Contribution

In a recent Reddit ask-me-anything (AMA) activity the director from [email protected], Gregory Bowman, revealed that the [email protected] project currently has 400K computer users actively contributing their part to the research. Gregory Bowman says “We had about 30K users before the pandemic started,” adding: “In the past two weeks, 400K volunteers have joined [email protected][email protected] donors […]