Tag: bitcoin

Analysis – Crypto Market – August 2018

The overall trend for cryptocurrencies in August is negative. In the first two weeks, the cryptocurrency market experienced a 20% drop in value. This sharp descent seems to have been triggered mainly by the SEC’s choice to postpone its decision on Bitcoin ETFs (Exchange Traded Funds) from CBOE into this month (September). China’s increased war on crypto may have further…

Read more

Recent Bitcoin Developments

Bitcoin has managed to dominate the cryptocurrency market ever since its inception. Besides being the most popular cryptocurrency, it’s also the most expensive crypto in the world. Its price skyrocketed back in the last quarter of 2017 where it nearly breached the $20,000 mark. Most users adopt it as an investment asset by hodling it, but much of its hype…

What’s The Scoop On Cryptocurrencies? – June 2018

During the month of June, the whole cryptocurrency market took a huge tumble. Trading activity dropped across all cryptocurrency markets. The majority of the top ten most traded cryptocurrencies experienced a significant drop in trading volume, ranging from 17% to 57% compared to May 2018. So far, Bitcoin still takes the lead as the most traded cryptocurrency with Ethereum and…

Why We Use Ethereum

At the core of the cryptocurrency appeal lies a much more valuable gem, blockchain technology. While underestimated at the beginning, blockchain has come a long way from just being a Bitcoin cryptocurrency support platform. It has budded into an innovation whose properties could and have helped solve major challenges that have tormented various industries for a long time. 2017 was…

Analysis – Crypto Market – April 2018

The first quarter of 2018 has been brutal on the cryptocurrency market with the majority of prices of popular cryptos dropping to even lower prices. Experts and investors remain optimistic about the market with some even claiming that the market is seeing a plateauing of some sort whereby major ICOs have ended and most investors are just hoarding cryptos at…

Bitcoin Deep Dive: Where Did BTC Come From?

The arrival of Bitcoin into the world was one that can be compared to that of a UFO landing in a cornfield: nobody really knew where it came from and nobody ever thought that it was in existence in the first place, until its release. On August 18th, 2008, the domain name Bitcoin.org was silently registered, and on exactly the…

Bitcoin vs Gold – Which One Is Better?

Bitcoin prices of over $19,000 per coin during the last quarter of 2017 led to cryptocurrency investors terming Bitcoin as the new-age “digital gold”. Placing the two side by side, it’s easy to see why investors would see them at almost the same level. However, gold has had no competition when it comes to the capability of having purchasing power…

How Blockchain Technology Can Help The Government

Blockchain technology is probably one of the finest technologies to come out of the 21st century. Described by Satoshi Nakamoto in 2008, blockchain technology is simply a decentralized public ledger that runs on a P2P network. The ledger is updated regularly and can be used to record any kind of transactions. It came into prominence when it powered Bitcoin, the…

Bitcoin vs. Gold – Performance Comparison Analysis

The battle between Bitcoin and gold and can be seen as the battle between David and Goliath, at least in terms of time. Bitcoin is the most recent currency to hit the world markets while gold is one of the most tried and tested assets in the world; and gold is not only a precious metal, but has also been…

What’s the Future of Bitcoin Cash and Bitcoin Gold?

Currently, there is a lot of talk in the cryptocurrency scene going on about hardforks and softforks. A hardfork happens when a single cryptocurrency splits in two. It occurs when a cryptocurrency’s existing code is changed, resulting in both an old and new version. The hardfork introduces new rule to the network that is not compatible with the older software.…