This article does not contain investment advice or recommendations. Every investment and trading move involves risk, you should conduct your own research when making a decision. This week has not been too bright for the price of Bitcoin and other major cryptocurrencies, as the markets turned red. The price of Bitcoin started falling from around $7,600 to a low of just over $6,500 at press time. Although this fall is not as dramatic as some others in the history of the volatile cryptocurrency, the general sentiment around the market has been negative for most of 2018. Still, Bitcoin is a …

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, so you should conduct your own research when making a decision. The past few months in Bitcoin’s history have been very interesting to watch, especially when honing in on its price fluctuations as a gauge of where it is going next. From about November 2017 to now, Bitcoin has almost come full circle as its price skyrocketed to $8,000 and beyond to $20,000 before falling back to the $8,000 mark. Taking the time frame from November 2017, when people were cheering its groundbreaking move …

Part of what has cemented cryptocurrencies on the map since they exploded into the mainstream investor market has been their volatility. Investors flooded to the likes of Bitcoin when, through November and December 2018, the value of the cryptocurrency increased in value exponentially. However, such volatility is a two-edged sword, and the cryptocurrency market has shown that in 2018 with Bitcoin’s price shedding more than 50 percent at times from its year end price of $13,000. The cryptocurrency market has also felt the ill effects of Bitcoin’s volatility because as a result of the price drops, Bitcoin’s trading volume, and …

16,000 Bitcoin (BTC) and 16,000 Bitcoin Cash (BCH) have been moved out of cold wallets associated with the infamous, now defunct Japanese Bitcoin (BTC) exchange MT. Gox today, April 26, according to Mt. Gox cold wallet tracking data on Crypto Ground. The wallets are under the control of Mt. Gox’s bankruptcy trustee, Nobuaki Kobayashi. As displayed on the cold wallet monitor, the exchange has moved 16,000 BTC, worth $144 mln, and 16,000 BCH, worth around $21.7 mln by press time. The sums were moved out in multiple batches of 2,000 BTC and BCH to various addresses. The BTC amounts were …

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, you should conduct your own research when making a decision. Many predictions have been made regarding Bitcoin’s price which, after jumping from around $1,000 to $20,000 in 2017, decreased to lows of around $6,000 before climbing back to $8,000. This huge volatility makes it very challenging to predict the price in the short-term. Nonetheless, a fundamental analysis of the evolution of Bitcoin’s price in the longer term could be more reliable. Several predictions are analyzed and discussed below to estimate the most likely direction …

The US-based Blockchain project Basis (formerly known as Basecoin), which claims to provide a non-volatile cryptocurrency or stablecoin, has recently raised $133 mln in funding from big name investors, according to an official blog post published today, April 18. Basis announced today that they had raised $133 mln in private placement from a slew of major venture capital players, including Bain Capital Ventures and Andreessen Horowitz. Basis was launched in 2017 as a cryptocurrency startup that aims to provide a stablecoin by means of automated operations carried out by Blockchain-based "algorithmic central bank”. Though Basis co-founder Nader Al-Naji told Techcrunch …

Adrian Lai, founding partner of Hong Kong-based crypto investment firm Orichal Partners, has forecast that in 2018 the crypto market will “mature” and increase its trading volume, particularly among institutional investors, the South China Morning Post reported April 9. Lai characterized both last year’s eye-popping market cap growth — reaching an all-time high of over $800 bln by early Jan. 2018 — and its subsequent first quarter spiral to $256 mln, as of today, April 9, as “irrational.” He attributed this staggering volatility to a lack of regulatory oversight and institutional investment, but struck a decisively optimistic tone about the …

The SEC warnings on DAO and ICO tokens have produced relief in the cryptocurrency industry, Ethereum (ETH) staying steady. As a report and accompanying press release, Tuesday stated that DAO tokens “were securities,” those hoping for clarity on the status of ICOs found that securities laws “may” apply to them. “As discussed in the Report, virtual coins or tokens may be securities and subject to the federal securities laws,” the SEC wrote in the release. The sheer number of ICOs and associated capital they have raised in recent months has led to speculation regulators would soon step in and disrupt …

Art by: Jing Jin When I started writing for Cointelegraph, Bitcoin was around $800. With my modest lifestyle and three roommates, that was enough for roughly six weeks worth of rent. Today, one Bitcoin wouldn't cover one month's rent. Luckily for me, Cointelegraph pays in Bitcoin but bases the amount on its current USD value, but still, if it wasn't already obviously apparent to me, I would have quickly learned that Bitcoin was not a safe place to hold money that might be needed for rent or bills. Writing, contrary to what some may believe, is not a lucrative career. …

1. Bank of England Issues a Report on Cryptocurrencies Carlo Caraluzzo reported last Sunday that while the Bank of England’s report on digital currencies demonstrated a grasp of the technology’s potential, it fell short in other respects or perhaps outright made up its facts. “The fact is however that the Bank’s report either accidentally or intentionally ignored a great deal of evidence that indicates the exact opposite of their findings and they completely ignored international impact. In actuality, the report seems more like a piece of candy to make the Board feel better than an honest assessment of digital currencies …