Trending Crypto news

BTC BTC Price Index Bitcoin came within $500 of the all-time highs this week before the price crashed to lows of $16,200. Profit-taking by “whale” investors was seen as the cause with large amounts of BTC being moved to exchanges amidst the rally. Bitcoin has shrugged off this selling and has rebounded to trade at $18,500 on Monday.  Another example of professional investors entering the cryptocurrency industry was seen with the news that Guggenheim Funds…

While stocks and bonds might be the most popular investment types, sometimes it can be worthwhile thinking outside of the box. There are many unique paths to choose from that can yield extremely high returns and may even be a better choice for your portfolio. You just need to do a little research, that’s all! Fine art Fine art is an expensive investment to get into, but it can be a great way to increase…

Gold has traditionally been one of the most popular assets among investors. There are various qualities that make gold a good store of value, such as scarcity, durability, tangibility, and value that is independent of other assets. Institutional investors can also invest in gold-backed financial assets such as ETFs and stocks. However, over the past decade, Bitcoin has gained traction for many of the same reasons. Though Bitcoin has not eclipsed gold entirely, this fall…

XRP XRP Price Index The Ripple price (XRP) soared on Friday as the coin started to catch up to Bitcoin’s recent rally. The third-largest coin by market cap saw a gain of 75% for the week and now holds a valuation of $22 billion. In its Q3 2020 XRP Markets Report released in early-November, Ripple reported XRP sales of $35.8 million (USD) vs. $32.5 million in the previous quarter. The company launched its Line of…

Filecoin has gone live after years of anticipation. The project launched its mainnet on October 12, 2020, delivering a live product to users and developers who want to make use of the blockchain-based file storage platform. What Is Filecoin? Filecoin provides an alternative to file storage services like Dropbox and Google Drive. Unlike those services, Filecoin does not rely on a single company to provide storage. Instead, hundreds of Filecoin node operators rent out their…

Ethereum is right behind Bitcoin regarding its value and liquidity. It was created for a much “bigger” purpose, unlike Bitcoin, and the idea is even utopian. There are many exciting facts about facts, and some of them you should know if you want to start trading Ethereum. Let’s go! The idea behind it Vitalik Buterin is a person standing behind the creation of Ethereum. Etherum started as a project that was focusing on dapps (decentralized…

BTC Bitcoin continued to move higher with a move above the $16,000 level as investment bank JP Morgan saw investors moving out of gold into BTC. Legendary hedge fund investor Stan Druckenmiller has now jumped on the cryptocurrency bandwagon and predicted a bright future for Bitcoin, which is in contrast to the view of Ray Dalio.  The Global Markets Strategy team at JP Morgan said in a report that BTC is seeing larger institutional interest…

The world of cryptocurrency and blockchains is something of a mystery to the vast majority of people. History shows that cryptocurrencies were originally dismissed by so-called “experts” as a flash in the pan, a one-off, and irrelevant. However, the way the system works has created enormous interest amongst consumers, businesses, and investors. It seems as though consumers are fighting back, looking at alternative currencies that are in effect untraceable and reduce the power of the…

The Bitcoin Cash (BCH) blockchain will undergo a scheduled upgrade or “hard fork” on November 15, 2020. This event involves a long-standing debate between factions within the Bitcoin Cash community, each with different plans for the cryptocurrency. This is what can be expected to happen over the coming week. Two Factions Face Off There are two factions that have plans for Bitcoin Cash. The first is Bitcoin ABC, which currently produces the most widely used…

ETH Ethereum was struggling to see any strong movement during the recent Bitcoin rally through the $12k level, but the second-largest cryptocurrency project finally saw some traction this week. Despite this, there are still risks to the rally as markets remain volatile with election confusion and a potential vaccine for the coronavirus.  The first issue for cryptocurrencies is the current confusion over the U.S. election, where the media has announced Joe Biden as the winner…