Despite a recent dip in price, Bitcoin has continued to receive ample support from a dedicated crypto community. With a recent update, developers have strengthened the coin’s vulnerabilities, thus bolstering its long-term prospects. See why experts are saying this update could mean big things for the future.
The U.S. dollar has enjoyed status as global reserve currency status for decades, but with growing discontent for the greenback around the world in recent years, some speculate that a cryptocurrency could take over that role. Could it be Bitcoin or Ripple? The arguments that some experts are making aren’t as farfetched as you may think.
Late last week, the price of Bitcoin experienced one of its biggest spikes in recent history, surging by 42% in just 48 hours. Yet even a week later, market watchers are generally mystified as to what prompted the action. Several theories have emerged, and we break them down here. Which of these do you believe should get credit?
Following in the footsteps of the Federal Reserve creating $210 billion out of thin air, Bitcoin edged even closer to its hard cap of 21 million tokens. If you’re not thinking about the implications for both the dollar and Bitcoin, find out here why this is so critical for the long-term prospects of each.
Social and financial downturn has pushed Venezuela’s back against the wall. With sanctions holding back any meaningful progress for its citizens, the country has turned to digital assets as a safe haven, and to strengthen its global buying power.
As various economies around the world have been thrust into tumult in the last week, the asset known for its volatility appears to be adopting a new role as a safe haven. As Bitcoin’s evolution continues, could this open the door to greater acceptance and adoption among the general public around the globe? Read more here.
As Bitcoin begins another ascent in price, seemingly no two analysts can agree on why it’s surging. Is it China? The upcoming Brexit? Could it even be Walmart? Here, we lay out the most prominent of rationales and ask: What do you think?
CryptoSlate’s Bill DeLisle wonders whether Bitcoin can go even further beyond its current utility and serve as a gauge for an entirely different market. As is the case with any cryptocurrency, Bitcoin is sometimes thought of as a way to go against the monetary establishment by switching to a decentralized payment system. Even as big…
Though Bitcoin once again diverts away from its December 2017 highs, interest in the cryptocurrency by large-scale investors still continues to grow. Coindesk’s annual conference in Manhattan showed that, despite recent dips, major figures in the industry were as keen as ever to increase their exposure to digital assets. As reported by CCN, opinions sometimes…
Very few assets are immune to selloffs in times of panic and uncertainty, and cryptocurrency owners can sometimes feel tempted to cash in on their gains. Yet according to one notable analyst, Bitcoin investors stand to lose the most if they allow sentiment to dictate their strategy. Talking to CNBC, former J.P. Morgan Chase chief…