Ether (ETH), the native cryptocurrency of the Ethereum blockchain, has been lagging behind Bitcoin (BTC). Historically, when BTC surges, altcoins tend to rally with larger upside price movements. This time, Bitcoin has been clearly outperforming the altcoin market, particularly in December. BTC market cap dominance has recently risen to a one-year high of around 70%, largely due to the big sell-off in XRP in the past week. BTC/USD vs. ETH/BTC (yellow), LTC/BTC (orange), XRP/BTC (blue) 1-day candle chart (Bitstamp). Source: Tradingview The difference in the price discovery of Bitcoin The difference…
Day: December 26, 2020
Bitcoin Investing Risks! | Plain Talk Money Daily #Shorts
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin has a lot of investing risk. You are betting that someone in the future will want your bitcoin AND also believe that no better altcoin will come along. Those are both big bets you should think about before investing in bitcoin. — Website: Twitter: Facebook: DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative…
Bitcoin Hits $500K on Russian Crypto Exchange After Hackers Take Control — Users Cry Exit Scam
Cryptocurrency trading platform Livecoin claims that it has been hacked after the crypto community noticed the price of bitcoin shoot up to half a million dollars. Meanwhile, users are complaining that they cannot withdraw their funds, suspecting the exchange of pulling an exit scam. $500K per Bitcoin on Livecoin Exchange Russian cryptocurrency exchange Livecoin claims that it suffered a security breach over Christmas after the crypto community observed the price of bitcoin and other cryptocurrencies soar exponentially on the exchange above their market prices. Bitcoin was reportedly trading at about…
Evan Weiss: Now Is the Time for Enterprises to Look at ETH 2.0
Despite the excitement and enthusiasm in the Ethereum community, many people don’t yet fully understand the significance – and the opportunity – of the second-largest blockchain for large institutions and enterprises. The nature of network participation is changing dramatically as well as the incentive mechanisms for securing open permissionless protocols, demonstrated by Ethereum’s shift to a radically new consensus mechanism. This post is part of CryptoX’s 2020 Year in Review – a collection of op-eds, essays and interviews about the year in crypto and beyond. Evan Weiss is head of business operations at Bison…
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Bitcoin Hits All-Time High of Over $25K as World Celebrates Christmas
There are two key factors that may affect a short-time bull case for Bitcoin. The factors are institutional accumulation and other altcoins profits cycling into BTC. The price of Bitcoin reached a new all-time high of $25,005.53 as the world celebrates Christmas. At press time, Bitcoin has pulled in more gains, up 3.59% to $24,837.57. Since the mid-march lows, the value of Bitcoin had grown by nearly five times and currently has increased by over 240% since the year began. Recently, Bitcoin has been pulling in significant gains, which have…
Bitcoin & Crypto Markets are DOWN 📉. Ripple's XRP and Stellar's XLM investors are CASHING IN 💰!
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io TRADE THE CHAIN Welcome to Trade The Chain, every Friday afternoon. Join Alex Mascioli, CJ Reichel, Matt Montemayor and Ryan Gorman as they run through the weeks crypto markets hitting the charts with bitcoin technical analysis, the weeks hot (or not) digital asset tickers and capping off with viewer questions and digital-asset trading news. Don’t forget to hit the ‘like’ and ‘subscribe’ buttons to get your weeks crypto trading recap each Friday afternoon. Alex Mascioli – Head of Institutional Services; Bequant –…
GIGANTIC RISES AHEAD for the Ripple XRP Price Chart as it Finishes Up Consolidation with Bitcoin
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Visit ** ** and enroll in the Blockchain Backer’s Exit Plan Strategy to Cryptocurrency course for charting tips and tricks, best practices, complete analysis of the cryptocurrency market and exit plans, all designed to build a rock solid mindset. Get your own cryptocurrency domain by visiting Unstoppable Domains at My interview with the Unstoppable Domains co-founder: To send me XRP, BTC, ETH, LTC, BCH, or ADA, you can send it to: bcbacker.crypto This is my new “address” and it can receive all…
Colin Evran: Building the Next Wave of Web 3.0
“Blockchain and bitcoin point to a future, and point to a world, where content exists forever, where it’s permanent, where it doesn’t go away, where it exists forever on every single node that’s connected to it,” Twitter CEO Jack Dorsey said recently, as he endorsed a decentralized social media standard. In the same week, the European Union (EU) revealed it is gearing up for another challenge to Big Tech. Under the Digital Services Act regulation proposed by the bloc, the companies that preside over the vast troves of the internet’s…
Crypto Cave Part 13 – I'm Back! How did the Crypto Mining Cave Shed do on Autopilot for 6 weeks?
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io I’m back! In this video I’ll go over how well the crypto mining cave shed did over a 6 week period with little to no maintenance. I’ll cover what went well, what didn’t and some lessons learned. Thank you all so much for the support you have been providing during this difficult time. My family and I can’t thank you enough! ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Hit 👍 “LIKE” 👍 and “Subscribe” – Thank you Raptors!!! ** ** ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 🔑 Check out my gear on Kit:…